Hurricane Ida, with its high winds, floods and intense storm surge, not only will likely damage the energy-heavy Gulf Coast economy, its economic consequences could extend well beyond the region. The Gulf is not only a major base for oil …
Dry, hot and windy conditions are threatening to expand California’s largest wildfires, which so far are burning in largely rural areas, muting their economic impact. The fires, which have killed 12 people and burned an area almost as big as …
The Council of Ministers of Finance of Central America, Panama and the Dominican Republic (COSEFIN) and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) have signed a memorandum of understanding that enables Central American countries to formally join the …
The struggling U.S. economy should escape largely unscathed from Hurricane Irene and may even get a boost from reconstruction. Irene, which killed about 40 people when it dumped 5 to 15 inches (12 to 38 cm) of rain over wide …
