Societal pressures remain deeply interconnected with these economic...
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Allianz Risk Barometer 2026: Cyber remains top business risk but AI fastest riser at no 2 in Asia Pacific
"Following the volatility and uncertainty of 2025, businesses...
Geo-economic confrontation tops global risks for 2026: WEF Report
Anxiety over artificial intelligence outcomes rose substantially,...
Strengthening early warning systems and coordination crucial for disaster resilience: PM Modi
Narendra Modi, Prime Minister Prime Minister Modi underscored that disaster resilience requires innovative financing and called for the creation of actionable programs to ensure developing nations have access to necessary funds as the third priority New Delhi:...
With near-monopoly on rare earth magnets, China decides fate of global EV industry
China holds a near-monopoly on rare earth magnets – a crucial component in electric vehicle motors – and it added them to an export control list in April as part of its trade war with the United States, forcing all exporters to apply to Beijing for licenses. In a...
India needs a strong and responsive disaster financing architecture as a cornerstone of resilience: Indian PM’s advisor
PK Mishra, Principal Secretary to the Prime Minister had addressed the Ministerial Roundtable on Disaster Risk Reduction (DRR) Financing at Geneva on 4th June Recognizing the need for diverse financial instruments beyond public finance, he noted that mechanisms such...
Crypto crime spills over from behind the screen to real-life violence
While crypto thefts are not new, the use of physical violence is a far more recent trend, said John Griffin, a finance professor at the University of Texas in Austin who tracks financial crimes. A man says he was tortured for weeks in a New York townhouse. Another in...
Trump tariffs stoke supply chain worries for US businesses, survey shows
“Our survey showed supply chain disruptions were a concern to business owners, with 90% reporting they are concerned about the impact of tariffs on their businesses,” Chairman and CEO J. Patrick Gallagher told Reuters A majority of U.S. business owners are worried...
Burning cargo ship carrying 3,000 vehicles abandoned off Alaska
Smoke was initially seen rising from a deck loaded with EVs, the company said. It is not clear what brand of vehicles the ship was carrying. EV-related fires on ships are challenging to extinguish due to the heat generated and risk of reignition, which could persist...
14–19 named storms in tropical North Atlantic predicted in this year hurricane season
These numbers are slightly above the long-term average for 1950 to 2024 (12.5 named storms, 6.5 hurricanes and 2.6 severe hurricanes) and are in line with expectations for the cyclical warm phase in the North Atlantic since the mid-1990s (15.8 tropical storms, 7.8...
Expanding missile threats and airspace closures are straining airlines
With increasing airspace closures around Russia and Ukraine, throughout the Middle East, between India and Pakistan and in parts of Africa, airlines are left with fewer route options NEW DELHI: Proliferating conflict zones are an increasing burden on airline...
Aircraft makers need to come out with SOPs for airlines to deal with GPS spoofing situations IATA
Airlines have been reporting GPS interference with their flights in different parts of the world, especially while flying near or over conflict zones. New Delhi: Amid flights facing rising instances of GPS interference and spoofing, global airlines' grouping IATA on...
Highways baking at 70 degrees C hint at scorching summer across China, US
Across the Northern Hemisphere, the extreme heat is a reflection of how much warmer the Earth is compared with a few decades ago, Daniel Swain, a climatologist at the University of California, Los Angeles said. Since 1959, Europe in particular, but parts of the...