Bangladesh News

Southeast States Among Most Exposed to Climate Change Impact: Report

Poverty and climate hazards make the southeast United States the country’s most vulnerable area to climate change impact, Oxfam America said. A report released by the relief organization identified high-risk “hotspots” across 13 southeast states from Arkansas to Virginia where …

High Tech May Pinpoint Antarctica, Greenland Sea Level Rise Risks

Dismayed by ice and storms, British explorer Captain James Cook had no regrets when he abandoned a voyage searching for a fabled southern continent in 1773. Finding only icebergs after he was the first to cross the Antarctic Circle, he …

Strong Earthquake Jolts Tokyo Area

The second seismic event to hit Japan in two days occurred off the central coast of the Japanese island of Honshu at 5:15 a.m. local time (20:15 UTC on Monday). Catastrophe risk modeling firm AIR Worldwide said the US Geological …

UPDATE: Cyclone Aila Death Toll up to 168 in India, Bangladesh

The death toll from Cyclone Aila in eastern India and Bangladesh rose to at least 168 on Wednesday, officials said, while heavy rains after the storm caused deadly mudslides and slowed rescue efforts. The toll was expected to rise in …

40 Killed as Cyclone Aila Hits India, Bangladesh

The death toll from Cyclone Aila reached 40 on Tuesday after it lashed eastern India and Bangladesh and stranded thousands in their flooded villages, officials said. The storm destroyed nearly 3,000 thatched and mud houses and toppled a large number …

Piracy Attacks Almost Doubled in Q1

A dramatic increase in activity by Somali pirates led to a near doubling in the number of ships attacked during the year’s first quarter compared with the same period in 2008, according to a report from the International Chamber of …

U.S., China Most at Risk from Natural Disasters Linked to Climate Change

A new study, released by the UK-based Maplecroft, has determined that “the increase in both frequency and severity of climate related disasters is increasingly impacting upon developed and emerging economies.” Maplecroft, according to its web site (www.maplecroft.com ) provides quantitative …

Corporate Fraud Scandals Can Detonate Anywhere

When it comes to corporate fraud scandals, nowhere is safe. Revelations of a $1 billion fraud at Indian IT firm Satyam Computer Services do not point to a higher systemic risk of accounting scandals in India, or even in emerging …

‘Made in China’ Label Battered by Product Contamination Scandals

Milk, toothpaste, cough syrup, pet food, eels, blood thinner, car parts, pork, eggs, honey, chicken, dumplings, cooking oil and rice — if you can fake it or taint it, you can almost guarantee it’s happened in China. A string of …

Lloyd’s Analyzes Impact on Insurance of World Food Price Hikes

The rise in world food prices carries implications for both rich and poor countries – the latter will more fully feel the impact, as well as the insurance industry. The recent conference in Rome, organized by the UN’s Food and …