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FINANCIAL NEWS
Middle East’s USD367b of GDP face risk
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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