Australian banks may have to rethink whether they sell mortgages in areas prone to extreme weather events, the chief executive of the country’s second-biggest lender said on Tuesday as thousands of homes in Melbourne were evacuated. Ross McEwan, chief executive …
Thousands of people across Australia’s southeast were asked to evacuate their homes on Friday, including some in a western suburb of Melbourne, after two days of incessant rains triggered flash flooding and fast-moving waters burst river banks. Large parts of …
Heavy rains eased across Australia’s east on Monday, a slight relief for flood-weary residents but authorities warned another intense weather system could hit several inland regions bringing more downpours and triggering flash flooding. Northern Victoria state, southern New South Wales …
MEXICO CITY (AP) – Hurricane Julia hit Nicaragua’s central Caribbean coast on Sunday after lashing Colombia’s San Andres island, and a weakened storm was expected to emerge over the Pacific. Julia hit as a Category 1 hurricane early Sunday with …
Human-induced climate change, long denied by some elected officials in the states pounded by Hurricane Ian, made the storm’s most extreme rainfall about 10% worse than it would have been without two centuries of greenhouse gas pollution, according to a …
Water up to waist-high flooded some riverfront neighborhoods and other areas of Thailand on Thursday after a tropical depression dumped heavy rains and knocked down trees, causing at least one death. The heaviest rainfall, about 22 centimeters (8.5 inches) in …
Investors who backstop Florida’s insurance industry by buying catastrophe bonds are girding for substantial losses from Hurricane Ian, threatening to crimp a key source of capital for the sector and push up insurance costs for residents. Ian’s landfall hammered Florida …
Typhoon Noru made landfall in Vietnam early Wednesday morning, knocking out power for more than 500,000 households and causing flooding and property damage along the country’s central region. Noru’s eye struck the coast between Danang and Quang Nam at about …
Typhoon Noru battered the Philippines’ main Luzon island, killing five rescuers and leaving millions of people without electricity. The fatalities were recovered from a flooded area in Bulacan province north of Manila, according to a local police report. The entire …
Fiona, the most powerful storm of this year’s Atlantic hurricane season, roared ashore in eastern Nova Scotia early Saturday as one of the strongest systems ever to hit the region, knocking out power, toppling trees and forcing residents to flee. …
