Total economic losses from natural and man-made disasters in 2016 were at least US$158 billion, 68% higher than the US$94 billion losses in 2015, according to preliminary Swiss Re sigma estimates released on Thursday. The US$158 billion estimate in total…
BEIJING – Three days of heavy rain in southern China have left 50 people dead and another 12 missing and destroyed thousands of homes, authorities said Sunday, as areas along the Yangtze River braced for more floods. Torrential rains caused…