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Weather Floods

  • LIMA, April 19- Peru's economy will recover in coming years with investment in construction after recent flooding, likely growing 4.5 percent in 2018 and 5 percent in 2019, Finance Minister Alfredo Thorne said on Wednesday. "The shock will be temporary," Thorne said in a presentation at Lima's Chamber of Commerce. Peru's economy, which has also been hurt by...

  • PLYMOUTH, Mass.— The only nuclear power plant in Massachusetts won't have to comply with certain safety requirements as it prepares to shut down, getting a pass on precautions put in place after the Fukushima disaster in Japan. The U.S. Nuclear Regulatory Commission, or NRC, says that Pilgrim Nuclear Power Station won't have to upgrade its vent system before it...

  • ZURICH, April 13- Cyclone Debbie cost Swiss Re an estimated $350 million and the insurance industry roughly $1.3 billion, the world's second-biggest reinsurer said on Thursday, an unusually high loss that could see reinsurance prices rise in Australia. Cyclone Debbie, a Category 4 storm, slammed into Australia on March 28. The disaster zone stretched 1,000 km...

  • STRASBOURG, April 4- Britain will get 60 million euros from the European Union to repair damage caused by the floods last year, a lawmaker said on Tuesday. Britain had asked for EU support to rebuild infrastructure damaged by heavy rains in the winter of 2015-16. European Parliament lawmakers will approve the grants on Wednesday, clearing the way for the funds to...

  • STRASBOURG, April 4- Britain will get 60 million euros from the European Union to repair damage caused by the floods last year, a lawmaker said on Tuesday. Britain had asked for EU support to rebuild infrastructure damaged by heavy rains in the winter of 2015-16. European Parliament lawmakers will approve the grants on Wednesday, clearing the way for the funds to...

  • The disaster zone stretched 1,000 km from Queensland state's tropical resort islands and Gold Coast tourist strip to the farmlands of New South Wales state. The body of 77- year-old Nelson Raebel was found in floodwaters in the state of Queensland on Saturday afternoon, Queensland Police said, bringing the national death toll to three since the cyclone hit on...

  • ZURICH, March 19- Reinsurer Swiss Re, usually involved in mega-deals on natural disaster coverage, is branching out on its own to do individually tailored schemes to boost returns, such as one in China to protect farmers against floods or drought. "We feel very strongly that our ability to figure out solutions to the problems that our clients have means they will...

  • NEW YORK/ BOSTON, March 13- A fast-moving winter storm bringing up to two feet of snow was expected to hit the northeastern United States, forecasters warned on Monday, prompting airlines to cancel thousands of flights and some mayors to order schools to close on Tuesday. The National Weather Service issued blizzard warnings for parts of Pennsylvania, New Jersey,...

  • NEW YORK/ BOSTON, March 13- A fast-moving winter storm was expected to hit the northeastern United States, forecasters warned on Monday, prompting airlines to cancel thousands of flights and some mayors to order schools to close on Tuesday. The National Weather Service issued blizzard warnings for parts of Pennsylvania, New Jersey, New York and Connecticut, with...

  • The National Weather Service issued blizzard warnings for parts of Pennsylvania, New Jersey, New York and Connecticut, with forecasts calling for up to 2 feet of snow in places by early Wednesday, with temperatures 15 to 30 degrees below normal for this time of year. "This should be a very serious blizzard, one that everyone should take seriously," New York City Mayor...

  • US cities pose crumbling infrastructure risks

    CNBC's Aditi Roy reports civil engineers are sounding the alarm that thousands of levees across the nation are in dire need of repair and pose a risk of flooding to many farms, real estate and entire cities.

  • Floodwaters surround homes and cars on February 22, 2017, in San Jose, California.

    California's governor is looking to "bolster" the state's dam safety and flood protection efforts, including spending nearly $450 million.

  • California Gov. Jerry Brown seeks federal help

    Brown requests assistance for 'potential failure' of the Oroville Dam emergency spillway.

  • SYDNEY, Jan 27- U.S. soybeans slipped on Friday, putting the oilseed on track to record a weekly loss of nearly 2 percent as concerns eased about potential crop damage in Argentina. *Soybeans were under pressure as fears eased of widespread crop damage in Argentina from flooding. *The U.S. Department of Agriculture reported weekly U.S. export sales of old-crop wheat...

  • Jan 13- North Dakota Governor Doug Burgum, who took office last month in the height of tensions surrounding the Dakota Access Pipeline, said he believed the line would eventually be built and asked opponents to clean their protest camp before spring floodwaters create a potential ecological disaster. Burgum told Reuters that approval of the pipeline...

  • California floods force residents to evacuate

    A relentless storm drenches parts of northern California, forcing thousands of people to flee.

  • Massive storm causes widespread flooding

    Steady rain in Northern California and parts of Nevada cause flooding throughout the region.

  • FRANKFURT, Jan 4- Insurers paid out around $50 billion for natural disaster claims last year, almost double 2015' s payout of $27 billion, reinsurer Munich Re said in its annual natural catastrophe review on Wednesday. Earthquakes in Japan and devastating floods in China- only 2 percent of whose losses were insured- were the most expensive natural catastrophes of...

  • North Carolina Army National Guardsmen and local emergency services assist with evacuation efforts.

    Two more North Carolina deaths were confirmed by the governor Thursday, bringing the Hurricane Matthew total death count in North Carolina to 22.

  • Residents and rescue teams navigate floodwaters on October 10, 2016 in Lumberton, North Carolina.

    Six more people in North Carolina have been killed by floodwaters sweeping the state after Hurricane Matthew, authorities said Tuesday, NBC News reports.