China has become a losing proposition for Wall Street firms, forcing a reassessment of their investment-banking…
Tag: geological disasters
Hurricane Otis Churns Into Mexico’s Acapulco as Category 5 Storm
Updated Oct. 25, 2023 3:35 am ET MEXICO CITY—Hurricane Otis made landfall on Mexico’s Pacific Coast…
Morocco Earthquake Rescue Efforts Intensify as Death Toll Passes 2,000
A scramble is under way to find trapped survivors. Rural areas that are difficult to access…
Hurricanes and High Yields Come Together on Wall Street
Catastrophe bonds are set for record issuance after notching their best first-half performance.
Volcanic eruption engulfs Russian city in ash, air travel monitored
A powerful volcanic eruption in Russia’s Far East covered nearby towns in ash on Tuesday, with…
Turkey’s Financial Markets Shudder as Earthquake Economic Costs Mount
Market finance The impact on the economy is likely to be significant, potentially hindering the country’s…
Rescuers race to find survivors of earthquake in Turkey, Syria
Iskenderun, Turkey—rescuers were in a race against time on Wednesday to find survivors twin earthquake It…
Turkey declares state of emergency for months in quake-hit areas
Belan, Turkey—Snowfall, freezing temperatures and blocked roads hampered efforts to respond on Tuesday two strong earthquakes…
Intriguing faults, shoddy construction and faltering soils fuel destruction in Turkey
According to a seismologist, the first earthquake strained another fault in the area.