Central banks are waking up to climate change dangers

The impact of climate change on the stability of individual financial institutions and the financial system in general is growing. It influences the types of activities that financial institutions will fund and the cost of ...

Study maps out ways to pay for climate-related loss and damage

Climate-related catastrophes are expensive, whether they come on suddenly, like the thousand-year flood in Louisiana in August 2016, or move slowly and inexorably, like desertification in Turkey. A new paper by researchers ...

Qatar's largest bank investigating alleged data breach

Qatar's largest bank is investigating a security breach that appears to have exposed sensitive personal data for what could be hundreds of customers, including employees of international broadcaster Al-Jazeera and potentially ...

Study: Hidden risk in supply chains

A new MIT study on supply-chain risk shows no correlation between the total amount a manufacturer spends with a supplier and the profit loss it would incur if that supply were suddenly interrupted. This counterintuitive finding ...

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