A hurricane-like superstorm expected to hit California once every 200 years would cause devastation to the state's businesses unheard of even in the Great Recession, a USC economist warns.
Earth Sciences
Mar 7, 2011
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(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.
Economics & Business
Oct 13, 2010
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Some disasters and crises are related to each other by more than just the common negative social value we assign to them. For example, earthquakes, homicide surges, magnetic storms, and the U.S. economic recession are all ...
General Physics
Sep 14, 2010
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In recent years, with rapid urbanization, the global landscape of science and technology, industry, energy, and finance has undergone profound changes. Concurrently, emergencies or sudden events including natural disasters, ...
Environment
May 13, 2024
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Insured property losses could double in the coming decade due to climate change and more frequent and more intense severe weather events, reinsurance giant Swiss Re warned Tuesday.
Environment
Mar 26, 2024
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35
Australia on Friday said it was axing a billion-dollar plan to develop a series of space satellites, as it tries to cut costs amid an economic slowdown and cost-of-living crisis.
Space Exploration
Jun 30, 2023
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39
Weather-related disasters have surged over the past 50 years, causing swelling economic damage even as early warning systems have meant dramatically fewer deaths, the United Nations said Monday.
Environment
May 22, 2023
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14
The Australian government's latest budget has committed A$210 million for a new climate information service, $600 million for a new agency to promote natural disaster recovery and resilience, and $10 billion for a reinsurance ...
Environment
May 18, 2021
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14
Despite facing a global health crisis and economic recession, more than half of all U.S. households—56% – expressed some form of generosity during the early months of the COVID-19 pandemic, my colleagues at the Women's ...
Economics & Business
Sep 29, 2020
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2
Inevitably, the rapid spread of an emergent and potentially lethal virus around the world has led to huge disruption of normal life. With talk of a new-normal in the wake of the COVID-19 pandemic, we do not yet have any way ...
Economics & Business
Sep 14, 2020
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