Items tagged with natural disasters:
News & Updates:
“It’s very clear that things are getting worse now than they have been in the past,” said Faculty Affiliate Howard Kunreuther, Wharton professor of operations, information and decisions and co-director of the Wharton Risk Management and Decision Processes Center. “Particularly in Houston with respect to Hurricane Harvey, a lot of the losses from these disasters are now coming from urban flooding and things that had never been on the agenda before.”
House Republicans close in on votes to keep government open past deadline; US economy expanded 3.2 percent in the third quarter of 2017.
Natural disaster costs are mushrooming while government coffers shrink. This year alone, economic losses from Hurricanes Harvey, Irma and Maria could hit $200 billion, plus another $85 billion to pay for the California wildfires. How can public and private rescue efforts coordinate more closely to put as many resources as possible toward rescue and recovery efforts? Faculty Affiliate Michael Useem explores.
House unveils $81 billion disaster aid bill; GOP expected to pass tax bill Tuesday; Senate rejects Export-Import bank nominee; Single family housing starts and permits surge in November.
Since Hurricane Maria struck Puerto Rico, the island’s leaders have been asking the federal government for more emergency aid and long-term recovery funds. Resident Commissioner for Puerto Rico Jenniffer Gonzalez-Colon requested, “Congress [approve] an aid package that is commensurate with the level of devastation,” while Congresswoman Madeleine Bordallo of Guam said she will, “Seek a firm commitment that the House provide fair and robust emergency assistance to U.S. territories devastated by natural disasters in any bills considered for the remainder of the Congress.”  The federal government must determine how much assistance is required to adequately respond to a natural disaster of this scale and how to balance the need for short-term relief and long-term recovery.
National Earthquake Information Center
The mission of the National Earthquake Information Center (NEIC) is to determine rapidly the location and size of all destructive earthquakes worldwide - and to immediately disseminate this information to concerned national and international agencies, scientists, and the general public.
The NEIC compiles and maintains an extensive, global seismic database on earthquake parameters and their effects that serves as a solid foundation for basic and applied earth science research.
Quick link to Earthquake Data: http://earthquake.usgs.gov/regional/neic/