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Europe has been gripped by record-breaking heat in recent weeks, with the second-warmest June ever recorded. At the same time, scientists continue to report new findings about the climate phenomenon El Niño, which is expected to intensify extreme weather events around the world. But what exactly is El Niño, and how could it affect us?

Last month, theWall Street Journalpublished an article entitled “The Era of the Tiger Mom Is Over. Enter the Beta Mom.”It refers to a recent TikTok trend featuring moms who reject intensive, highly managed parenting in favor of a more relaxed approach.

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The financial world received the news with enthusiasm, boosting financial asset prices and driving a decline in the price of oil. Yet, the deal is not a final peace agreement—and many uncertainties still remain. The news coincided with a sharp decline in the price of crude oil, which reached its lowest level since early March.…