Asia's mega-cities 'more vulnerable to disasters'

Asia's cities are becoming increasingly vulnerable to natural disasters as they struggle with poor planning, population explosions and climate change, the Asian Development Bank warned on Tuesday.

Philippine floods a man-made disaster: experts

Deadly floods that have swamped nearly all of the Philippine capital are less a natural disaster and more the result of poor planning, lax enforcement and political self-interest, experts say.

Researchers study costs of 'dirty bomb' attack in L.A.

A dirty bomb attack centered on downtown Los Angeles' financial district could severely impact the region's economy to the tune of nearly $16 billion, fueled primarily by psychological effects that could persist for a decade.

Japan and New Zealand were hit hardest by earthquakes in 2011

Last year, earthquakes and their consequences, such as tsunamis, landslides, and ground settlements, caused a damage of 365 billion US dollars. Hence, 2011 was the year with the so far highest economic losses due to earthquakes. ...

Truth revealed in rare disaster theory

(PhysOrg.com) -- Research that supports a theory that investors need to account for rare disasters when making decisions on the stockmarket has been accepted for publication in the international top journal in finance.

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