Nuclear power plants dot the coast of mountainous Japan, which is...
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APAC sovereigns exposed to flooding risks, have limited capacity to adapt: Fitch
In South Asia, Bangladesh is the most prone to the risk of...
Bengal govt fears flash-floods in Sikkim changed Teesta River’s trajectory in north Bengal
Apprehending that this frequent change in trajectory might impact...
Four-fifths of CEOs expect COVID-19 to entrench remote working: PwC
“A blend of office and home working is most likely to be the future norm,” PwC UK’s chairman Kevin Ellis said.
Two-thirds of chief executives expected a global economic downturn as a result of COVID, and more than three-quarters expected a further shift towards automation.
Global insurance losses from natural catastrophes and man-made disasters at $ 31 billion in H1 2020:Swiss Re
Global insured losses from natural catastrophes rose to USD 28 billion in the first half of 2020 from USD 19 billion the year before, while insured losses from man-made disasters decreased to USD 3 billion from USD 4 billion.
Secondary perils primary loss drivers once again In the North America, severe convective storms (thunderstorms with tornadoes, floods and hail) caused insured losses of over USD 21 billion in the
first half.
Indian Railways suspends all regular passenger train services indefinitely
It may be noted that 230 Special Trains, which are running at present, will continue to operate. Local trains in Mumbai, which are presently being run on limited basis only on the requisition of state government, will also continue to run, it said.
Companies risk losing a year’s profit from collapse of supply chains,says McKinsey
he New York-based consultancy, in a report that analyzes 325 companies in 13 industries, quantifies what corporate number crunchers have sensed since the tsunami struck Japan in 2011: that man-made and natural disasters are getting more severe, frequent and costly, and that supply chains spanning the globe need to adapt to reduce exposure to threats to business survival.
U.S. NOAA raises predicted number of tropical storms to a record 25
62,064 new COVID cases; 1,007 deaths
The recoveries surged to 15,35,743 with a record 54,859 more people recuperating in the past 24 hours, taking the recovery rate to 69.33 per cent. The case fatality rate has dropped to about 2 per cent, the ministry said.
10 states account for 80% Covid-19 cases:PM Modi,
“Our experience so far is that containment, contact tracing and surveillance are the most effective weapons against the pandemic with experts of the view that if positive cases are identified within 72 hours of onset, then infection slows down to great extent,” prime minister Narendra Modi said.
Modi said it was a matter of satisfaction that the average fatality rate in India has been going down and noted that it has been very low compared to the world average.
With the fresh cases, India’s COVID-19 tally rose to 22.68 lakh, while the recoveries have surged to 15,83,489, pushing the recovery rate to 69.80 per cent.
Record 64,399 new COVID cases, 861 deaths
There are 6,28,747 active cases of the coronavirus disease (COVID-19), comprising 29.20 per cent of the total caseload in the country. The total coronavirus cases have mounted to 21,53,010
This is the third consecutive day that the COVID-19 cases have increased by more than 60,000. India had crossed the 20-lakh mark on Friday.
Oil spill threatens ecological disaster as Mauritius declares emergency
“Thousands of species around the pristine lagoons of Blue Bay, Pointe d’Esny and Mahebourg are at risk of drowning in a sea of pollution,with dire consequences for Mauritius’ economy, food security and health,” Greenpeace said in a statement.
Insured losses from Beirut blast seen around $3 billion: sources
Munich Re said this week the explosion would likely result in big claims, but it could not yet give an estimate.
AXA and Allianz , two major international insurers operating in Lebanon, also said it was too soon to give any figures.