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natural disasters

2017 the costliest year in US history for natural disasters

Miami - Al Maghrib Today

Last year was the most expensive in US history for natural disasters, with a series of fires and hurricanes that cost $306 billion, according to a US government report Monday. A total of 16 disasters cost one billion dollars or more, the most ever, said the report by the National Oceanic and Atmospheric Administration. The previous costliest year for theRead more

Natural disasters cost $520 billion a year

Singapore - Arab Today

Global natural disasters cost $520 billion of consumption loss annually, 60 percent larger than asset losses that are commonly reported, the World Bank said in a report. The estimate is based on the impact of disasters such as floods, windstorms, earthquakes, and tsunamis on people’s well-being, measured by the decline in their consumption, Stephane Hallegatte, one of the authors ofRead more

UN chief calls for safe, orderly migration on Int'l Day

Cairo - Arab Today

UN Secretary-General Ban Ki-moon called on the international community to act on global compact to ensure safe, regular and orderly migration, UN media center reported on Sunday. In his message on the International Migrants Day which falls on Sunday, Ban said this has been a turbulent year for refugees and migrants due to continued devastating effect of armed conflict onRead more

China's Natural Disasters Kill 1317 January - September

Beijing - Arab Today

Natural disasters across China claimed 1,317 lives and left 319 people missing in the first three quarters of the year, according to official figures carried by Xinhua News Agency. The disasters caused direct economic losses of 469.22 billion yuan (69.62 billion U.S. dollars) during the period, said a statement jointly released by the Ministry of Civil Affairs and theRead more

Swiss Re: Disasters cost $71bn in 1st half of 2016

Geneva - Arab Today

From earthquakes in Japan to wildfires in Canada, disasters cost the world economy $71 billion (62 billion euros) in the first half of the year, reinsurer Swiss Re said. That marked a 38-percent increase compared with the same period a year ago, the world’s number two reinsurer said, adding that only $3.0 billion was attributed to man-made events, while theRead more