article thumbnail

Haiti: has there been progress in disaster reduction since the last big earthquake?

Emergency Planning

For example, in the 2008 hurricane season, four named storms arrived. Fortunately, despite continual disruption of healthcare, the effect of Covid-19 has so far been limited (600 deaths in a population of 11.5 Stability, good governance and democratic participation are essential ingredients of disaster risk reduction.

article thumbnail

The Multiple Factors Leading to the Collapse of Silicon Valley Bank

Erwood Group

Some additional key risk reduction steps SVB took early on were: They required a pledge of half of a startup’s shares as collateral (Reduced later to seven percent). The bank was heavily impacted by the 2008 financial crisis, which led to a decrease in lending opportunities and an increase in non-performing loans.

Banking 59