Just a week ago, before deadly floods swept through central Europe, the Czech Republic looked on track to become the first country in the region since COVID-19 to pull its budget deficit firmly below the 3% of GDP cap set …
Severe rains bucketed down on central Europe, Africa, Shanghai and the US Carolinas this week, underscoring the extreme ways in which climate change is altering the weather. Different meteorological phenomena are behind the series of storms, according to climate scientists, …
Volunteers and emergency personnel raced to secure river banks and buildings in Poland and Hungary on Tuesday as flood waters that have wreaked havoc across central Europe began to rise in new areas and the Czech Republic reported another death. …
Floods in Africa that are displacing millions of people from Guinea on the west coast to the Central African Republic more than 2,000 miles to the east are prompting warnings of dam bursts and disease. In Chad, rising waters in …
Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst of the storm’s damage. Privately insured loss from Hurricane Francine are estimated to be close to $1.5 billion, catastrophe modeler …
The strongest typhoon in more than seven decades has struck China’s financial hub, leading to widespread flight cancellations and disrupting holidaymakers at the start of a days-long national festival. Typhoon Bebinca — known as Beibijia in China — crossed the …
With summer drawing to a close in Canada, the 2024 wildfire season is shaping up as one of the most destructive on record, largely due to the devastation caused by a blaze that ripped through a tourist town in the …
Typhoon Bebinca is forecast to hit the east coast of China early Monday, threatening to bring excessive rainfall that could disrupt oil refineries and LNG import terminals and paralyze transport. The expected landfall of Bebinca, currently more than a thousand …
Thailand warned a new storm may cause more floods and landslides, while death toll from Typhoon Yagi and the monsoon rains continued to rise. More than 40 provinces were placed on alert for possible flash floods as a new tropical …
Typhoon Yagi caused severe damage to many factories and flooded warehouses in northern Vietnam’s export-oriented industrial hubs, with some shuttered plants expected to need weeks to return to full operation, executives said. Asia’s strongest typhoon this year was still causing …
