by AIP Online Bureau | Sep 20, 2022 | Disaster & Management, Eco/Invest/Demography, International News
Record monsoon rains and glacial melt in northern Pakistan triggered the flooding that has impacted nearly 33 million people in the South Asian nation of 220 million, sweeping away homes, crops, bridges, roads and livestock in damages estimated at $30 billion....
by AIP Online Bureau | Sep 18, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
“The economic impact of the floods is a major source of concern for global investors,” said Abdul Kadir Hussain, head of fixed income asset management at Dubai-based Arqaam Capital Ltd. Also, there is nothing tangible on dollar inflows that were supposed to follow the...
by AIP Online Bureau | Sep 16, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
The death toll from the floods has risen to nearly 1,500 and the physical damage to the country may surpass $30 billion. More than a million homes are damaged and thousands of schools and health facilities were destroyed Climate change made peak rainfall last month in...
by AIP Online Bureau | Sep 5, 2022 | Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance
Poverty and unemployment will go up manifold from 21.9 per cent to over 36 per cent. Some 37 per cent population was hit by poverty after floods in 118 districts, as estimated by the Pakistan government Islamabad: The estimated economic loss to Pakistan from floods...
by AIP Online Bureau | Sep 3, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
With 1.1 million houses washed away and vital infrastructure destroyed such as schools, UNICEF’s Representative in Pakistan, Abdullah Fadil, explained that “ 18,000 schools have been destroyed and thousands of schools are now fully shuttered… So that means children...
