North Atlantic Oscillation
qThe NAO is the dominant mode of winter climate variability in the North Atlantic region ranging from central North America to Europe and much into Northern Asia.
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qThe NAO is a large scale seesaw in atmospheric mass between the subtropical high and the polar low.
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qThe corresponding index varies from year to year, but also exhibits a tendency to remain in one phase for intervals lasting several years.
(from http://www.ldeo.columbia.edu/res/pi/NAO/)