Local governments and some other entities in New Mexico are now eligible for federal assistance to recover from flooding and storm damage suffered during last summer. The White House says a disaster declaration by President Barack Obama applies to state, …
Somalia’s president has shielded a top pirate leader from arrest by issuing him a diplomatic passport, according to a United Nations investigation which criticizes the “climate of impunity” enjoyed by pirate kingpins in Somalia and abroad. The U.N. Monitoring Group …
According to the World Economic Survey (WES), published by the International Chamber of Commerce (ICC) and the Munich-based Institute for Economic Research (Ifo), “the world economic climate has worsened in the fourth quarter, as indicated by increasingly negative expectations from …
Swiss Re notes that the “increasing severity and frequency of natural catastrophes are driving up the cost of disaster relief, especially in developing and emerging markets as they are hurt the most and prepared the least.” In a new publication, …
