With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. Here are some of this week’s most newsworthy:
Economic Losses from Natural Disasters Top $232 Billion in 2019 as the Costliest Decade on Record Comes to a Close – Aon Catastrophe Report
Aon plc on Jan. 22 launched its Weather, Climate & Catastrophe Insight: 2019 Annual Report. This evaluates the impact of global natural disaster events to identify trends, manage volatility, and enhance resilience. The report reveals that the 409 natural catastrophe events of 2019 resulted in economic losses of U.S. $232 billion – 3% below average annual losses for this century, but 20% lower than the previous decade.
As we enter a new decade, CEOs are showing record levels of pessimism in the global economy, with 53% predicting a decline in the rate of economic growth in 2020. This is up from 29% in 2019 and just 5% in 2018 – the highest level of pessimism since PwC started asking this question in 2012. By contrast, the number of CEOs projecting a rise in the rate of economic growth dropped from 42% in 2019 to only 22% in 2020. These are some of the key findings of PwC’s 23rd survey of almost 1,600 CEOs from 83 countries across the world, launched on Jan. 20 at the World Economic Forum Annual Meeting in Davos, Switzerland.
On Jan. 21 Boeing released the following: As we have emphasized, the FAA and other global regulators will determine when the 737 MAX returns to service. However, in order to help our customers and suppliers plan their operations, we periodically provide them with our best estimate of when regulators will begin to authorize the ungrounding of the 737 MAX. We are informing our customers and suppliers that we are currently estimating that the ungrounding of the 737 MAX will begin during mid-2020. This updated estimate is informed by our experience to date with the certification process.
The most racially diverse city in the United States is Stockton, California, and the least racially diverse city is El Paso, Texas, a new U.S. News & World Report analysis has found. To determine the most racially diverse cities in America, U.S. News calculated a diversity score for each of the 66 U.S. cities with populations of 300,000 or more, based on recent census data. The diversity score represents the likelihood that, in a particular city, two individuals chosen at random will be from different racial and ethnic groups.
The U.S. Postal Service celebrates the beauty of Wild Orchids with stamps of flowers that grow in the United States. The stamp art highlights photos taken by photographer Jim Fowler. Art director Ethel Kessler designed the stamps.
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Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for nearly 30 years and enjoys reality TV and daydreaming about travel and wine.