Tag Archives: Risk

European Central Bank Tests Climate Risk Resilience Next Year

The European Central Bank (ECB) said Monday it plans to conduct several “climate stress tests” on banks between March and July next year to assess the resilience of the euro financial zone against environmental disturbances. European banking watchdogs want to “identify vulnerabilities, best management practices and challenges” faced by the …

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6.1 SR Earthquake Shakes Japan, No Tsunami Risk

A 6.1-magnitude earthquake struck off Japan’s northwest coast Wednesday, but no tsunami warning was issued, Japanese and American authorities said. The quake shook as far as the northeast coast and was also felt in Tokyo, but there have been no reports of any damage from the quake. The United States …

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