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Don't just blame climate change for weather disasters

As a pioneer in so-called attribution science—establishing a link between extreme weather and climate change—Friederike Otto is adamant that the rising toll of heatwaves and hurricanes cannot be explained by global warming ...

Why borrowers resist using their homes as collateral

American households have most of their wealth in retirement savings (33 percent) and in their home equity (29 percent). Of that, home equity exceeded $25 trillion, according to latest Federal Reserve data. Not surprisingly, ...

Hurricane Ida, Europe floods made 2021 costly for disasters

Damage wrought by Hurricane Ida in the U.S. state of Louisiana and the flash floods that hit Europe last summer helped make 2021 one of the most expensive years for natural disasters, reinsurance company Munich Re said Monday.

Malaysia floods death toll rises to 27

The death toll from Malaysia's worst floods in years rose to 27 on Wednesday, as a clean-up operation gathered pace and residents assessed the damage unleashed by the disaster.

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