The Philippines suffered $13 billion of damage when Super Typhoon Haiyan tore through the country in 2013, a year after another storm killed 1,067. Now, the nation is looking at defraying the costs of future calamities with catastrophe bonds. The …
The Philippines is urging tourists to take precautions or cut short Easter vacations, and may evacuate thousands of people in the path of approaching Typhoon Maysak. The storm may affect as many as a million people, the United Nation’s Global …
The Philippines placed its military on its highest alert level and asked millions of people heading to beach resorts for Easter holidays to prepare for Super Typhoon Maysak, a category-5 storm expected to hit land on April 4. Maysak was …
