Category:

Disaster & Management

Odisha is the most disaster prone state in the country:15th Finance Commission

A Disaster Risk Index (DRI) has been prepared by the FFC that assigns scores to each state based on probability and vulnerability.
“It is the first attempt to include state-level disaster risk scores in resource allocation and address a serious deficiency in the previous state-level allocations for disaster management,” the commission said in its report tabled in Parliament on Saturday.

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Coronavirus: China toll rises to 132; total number of infected near 6000

From France to Japan, governments were organising evacuations, while Hong Kong – scene of anti-China unrest for months – planned to suspend rail and ferry links with the mainland. United Airlines said it was suspending some flights between the United States and China for a week from Feb.1 due to a “significant decline in demand.”

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Coronavirus infects Asia stocks with exposure to China

“We don’t know how long it will go,” said Peter Costello, chairman of Australia’s $115 billion sovereign wealth fund, the Future Fund, in a media briefing to coincide with a regular portfolio update.

“Obviously we hope that the measures that have been taken now will contain the virus but it’s still far too early. It will have an obvious negative effect on the Australian economy and indeed beyond,” added Costello, a former Australian treasurer.

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