05 Sep 2015
(MENAFN) The Middle East’s 16 largest centres of economic growth could have USD367 billion of GDP at risk from a series of threats over the next decade, according to new research for Lloyd’s.
A new study published yesterdfay, the Lloyd’s City Risk Index, presents the first ever analysis of economic output at risk (GDP@Risk) in 301 major cities from 18 manmade and natural threats over a ten-year period.
Based on original research by the Cambridge Centre for Risk Studies, the Index finds that a total of USD4.6 trillion of projected GDP is at risk from manmade and natural disasters in these cities around the world.
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