STT: Corruption Risks Observed in Flood Risk Assessment and Management Processes
An analysis by the STT reveals significant corruption risks in flood risk management in Lithuania due to legal regulation shortcomings and inconsistent decision-making procedures.
Delay in the Census Blocks Update of Data on Population Living in Disaster-Prone Areas
The Brazilian government announced a crucial update for data guiding policies for those at risk from extreme climate events, but after two years, there's still no release date for the new information.
AI Governance: The New Risk Pillar in the Financial System
The article discusses how the rapid integration of artificial intelligence (AI) into financial operations has redefined risk management, raising questions about the governance of AI systems.
Bogdanov and Kamm: Risks Can Never Be Managed, Only Mitigated
Dan Bogdanov and Liina Kamm argue that risks in leadership cannot be fully managed but rather mitigated, pointing out the limitations of traditional management terminology.
Bank Pekao has adopted a Decarbonization Plan
Bank Pekao has implemented a Decarbonization Plan focusing on reducing greenhouse gas emissions in the energy and housing sectors as part of its ESG risk management strategy.
Reserves and Debt: Why Country Risk Remains High, According to Three of the Most Respected Voices in the Market
Leading financial experts outline the conditions necessary for Argentina to improve its credit rating and reduce country risk.
State of emergency declared on the island of Tenerife
A state of emergency has been declared on the island of Tenerife due to the threat of an approaching storm, with local authorities implementing crisis management plans to minimize the risk of landslides and flooding.
This treatment may prevent Alzheimerโs disease โ Now a Finnish expert makes a strong statement
A recent study suggests that statin medications could reduce the risk of Alzheimer's disease, typically used for cholesterol management.
Teamwork Amidst the Rains
A report from Ecuador's National Risk Management Secretariat highlights the devastating impact of winter rains, which have resulted in 14 deaths and affected over 58,000 people, prompting urgent government and private aid.
Protection Against Crashes: How Much Risk Can You Tolerate?
This article discusses how individuals can mitigate risks in stock investment and the financial implications of market crashes.
LHV had a very weak monthly result, risk management caused a large loss in a month
LHV's latest financial results reveal a mixed performance, highlighting significant discrepancies between the group's overall results and those of its subsidiaries due to risk management issues.
With immediate measures due to rains, 'the potential for the spread of Fusarium has been significantly reduced'
Immediate measures have been implemented in Ecuador to control water and soil management in the Fusarium Race 4 zone amidst rainfall, reducing the risk of disease spread.
'Due to climate change, extreme events will be more frequent; we need to have adaptation plans in cities'
Ecuador experiences severe winter storms causing widespread flooding and damage, with climate experts warning of increased frequency of extreme weather events due to climate change.
Risk Management Secretariat delivers kits in areas affected by winter
The National Risk Management Secretariat in Ecuador is providing humanitarian assistance to families affected by winter weather in various localities.
Risk of higher electricity bills when new tariffs are introduced in Luleรฅ
New electricity tariffs are being introduced in Luleรฅ to manage consumption during peak load times, potentially leading to higher bills for consumers who use energy during these periods.
Big business is starting to fear. They now mainly want advice on security from consultants
Big businesses are increasingly concerned about security and are seeking advice from consultants.
Court of Accounts of the DF demands explanations from Iprev about risk of resources invested in BRB
The Court of Accounts of the Federal District has given the Iprev 30 days to explain potential risks related to its shareholding in the Bank of Brasรญlia.
Tallinna Water Renovates Record Amount of Piping
Tallinna Water is undertaking a record renovation of its water, sewage, and stormwater piping systems, with significant projects aimed at reducing flooding risk in various areas of the city.
Risk Management Secretariat deploys humanitarian assistance after 68 rain events in recent days
The Ecuadorian government has launched immediate humanitarian assistance following 68 weather-related events over the last two days, impacting several provinces.
Warning of Possible Flood: The First Preparedness Phase Activated in Lithuania
Lithuania has activated the first phase of flood preparedness due to rising water levels and ice jams in various rivers across the country.
NKVC activates flood management plan: services prepare for rising waters, list of danger zones published
The NKVC has activated its flood management plan in response to rising water levels in several regions of Lithuania, although there is currently no immediate risk for residents.
Financial Supervisory Service: Securities firms must strengthen risk management for margin trading
The Financial Supervisory Service has urged securities firms to enhance risk management and investor guidance for margin trading amidst market volatility from the Middle East.
Cooperatives: People's Banks Establish Stricter Rules
Germany's cooperative banks are implementing extensive measures in response to several crisis cases, aiming for stability within the banking system.
High Energy Swell, the Alert for the Coasts of Ecuador on March 10
Ecuadorโs National Risk Management Secretariat has issued a warning for high-energy waves along the country's coast on March 10, leading to yellow flags at 41 beaches.
A Silent Threat to the Heart: When to Worry Even When Feeling Well
A heart disease prevention program in Lithuania emphasizes the importance of early identification and management of risk factors like obesity and hypertension.
Alan Vaht: How Are Fuel Prices at Gas Stations Determined?
Alan Vaht explains how fuel prices at gas stations are determined and the factors influencing fuel pricing, including contracts, global market rates, and risk management.
The IMF urges governments worldwide to 'prepare for the unthinkable' amid the war in the Middle East
The IMF's Kristalina Georgieva has called on global governments to brace for extreme scenarios due to escalating geopolitical conflicts, particularly in the Middle East.
Attack by the US Navy on 3 Iranian tankers in the Persian Gulf
The US Navy reportedly attacked three Iranian oil tankers in the Persian Gulf, according to maritime safety and risk management firm Diaplous.
How Greek Shipowners Achieve Success Where Others Do Not
Greek tycoon George Procopiou has gained attention for achieving record high earnings from his tankers navigating through the Strait of Hormuz despite ongoing military operations.
These are the nine rivers and areas at risk under surveillance in Manabรญ this winter
Heavy rains are beginning to affect several cantons in Manabรญ, Ecuador, prompting authorities to activate winter plans and monitor critical rivers.
Companies: Gut Feeling or Real Danger
Wolfgang Hofmann, a risk manager, attends the 'Workforce Resilience Day' in Vienna hosted by International SOS, emphasizing the importance of dialogue between companies and authorities amid heightened tension due to recent geopolitical events.
Research: These six daily habits increase the risk of breast cancer
A new global study reveals that approximately 28% of breast cancer cases are linked to modifiable factors, emphasizing the importance of daily habits in risk management.
โ321 neighborhoods are highly susceptible to landslides and floodsโ: director of Risk Management
In Quito, Ecuador, the director of Risk Management reported that 321 neighborhoods are at high risk for landslides and flooding due to recent heavy rains and significant landslides in the area.
The UME reveals to the judge that the Jรบcar Hydrographic Confederation minimized the flow of the Poyo during the dana: "It was not worrying"
A commander from the UME testified that the Jรบcar Hydrographic Confederation downplayed the risk of rising water levels during a recent disaster event, which is being investigated by a court.
Agreement on 2 trillion won investment corporation for US investment between ruling and opposition parties
Ruling and opposition parties in South Korea have reached an agreement to establish a separate investment corporation dedicated to US investments with a minimum capital of 2 trillion won.
Medical cannabis: much risk or prejudice?
The article discusses the benefits of medicinal cannabis for patients suffering from various forms of pain and critiques the dismissal of its efficacy by some professionals.
World Bank supports Lagos efforts to tackle flooding
Lagos State has received backing from the World Bank to enhance its disaster risk management and emergency response capabilities in light of persistent flooding issues.
Manaus City Hall has 180 days for works or relocation of residents in risk areas, says Justice
The judiciary mandates Manaus City Hall to implement disaster monitoring and prevention policies in high-risk areas within 180 days or relocate affected residents.
Uncalculable Risks: The Iran War Shows the Limits of Insurance
The article discusses how the ongoing Iran War exposes fundamental challenges in the insurance industry, particularly regarding war-related risks.
It is good to awaken fears in some people. They underestimate risks, says sociologist Vinopal about crisis preparation
Sociologist Jiลรญ Vinopal discusses the dynamics of public response to crises and the importance of fear in risk assessment.
Updated flood forecasts: where the threat decreases and where the risk is high
Flood forecasts in Lithuania show decreasing water levels in some areas, although caution is still advised.
New Real Estate PF Loan Limits Established for Mutual Financing...Risk Management at Savings Bank Level
The Financial Services Commission in South Korea has announced new loan limits for real estate project financing for mutual financing institutions, aligning them with current standards for savings banks.
These have been the effects of the intense rains in Ecuador
Intense rains in Ecuador have caused significant adverse events, affecting over 22,000 people and resulting in fatalities and widespread damage across several provinces.
Ecuador government declares priority for prevention and response actions during rainy season
The Ecuadorian government, led by President Daniel Noboa, has declared an emergency response plan to address the impacts of the winter storm during the rainy season.
Flood Management Action Plan Approved in Klaipeda
Klaipeda has introduced a 26-point action plan to manage potential flooding, focusing on public safety and effective communication.
COCRED enhances governance and becomes the first cooperative with an Assets and Liabilities Committee
COCRED has upgraded its governance, establishing itself as the first cooperative with a dedicated Assets and Liabilities Committee.
Man Utd taking Kobbie Mainoo transfer risk as latest contract stance emerges
Manchester United faces uncertainty regarding Kobbie Mainoo's long-term future despite his recent success under manager Michael Carrick after a troubled period during Ruben Amorim's management.
How bookmakers set football odds
The article explains how bookmakers calculate odds for football matches by combining probabilities with market considerations and risk management.
COCRED enhances governance and is the first cooperative with an Asset and Liability Committee
COCRED has become the first cooperative to establish an Asset and Liability Committee, enhancing its governance and risk management strategies.
Former Head of CBA at Orlen. Paweล Wojtunik in the company's management
Paweล Wojtunik has been appointed as a member of the management board responsible for Security and Risk at Orlen.