Communities near Hawaii Volcanoes National Park lost up to $94 million in economic benefit last year compared to the previous year due to the eruption of Kilauea Volcano, officials said. The National Park Service found the Big Island park had …
A future on Earth of more extreme weather and rising seas will require better planning for natural disasters to save lives and limit deepening economic losses, the United Nations said on Wednesday in a major report on the effects of …
When flood waters rose in Thailand, Wal-Mart stores in Japan ran out of mouthwash. “We were out of mouthwash in Japan for about four days,” Scott Price, Wal-Mart’s Asia chief executive officer, said at the APEC business leaders’ summit. “A …
Aon Benfield has published a highly detailed report on the ongoing floods in Thailand, from their meteorological beginnings – extremely heavy monsoon rains – to the widespread damage they have inflicted on one of East Asia’s most vibrant economies – …
The Sept. 8 power outage that left southern California and parts of Arizona and Northern Baja Mexico without power could mean as much as $100 million in economic losses. The National University System Institute for Policy Research said that businesses …
Quake-hit Japan faces a recovery and reconstruction bill of at least $180 billion, or 3 percent of its annual economic output and more than 50 percent higher than the total cost of 1995’s earthquake in Kobe. Even though some extreme …
