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North China early-warning system for quakes

17-07-2014

North China has seen violent seismic activity, including an 8.2-magnitude earthquake in 1976, killing more than 242,000 people in Hebei, Beijing and Tianjin. That event was one of the deadliest calamities in human history. China started to pay attention to early earthquake warnings after the 8.0-magnitude Wenchuan earthquake, which killed nearly 70,000 people. Many countries, including Japan, Mexico and Turkey are equipped with early warning systems. A real-time system can give warnings within seconds after a quake and can save…

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Project Risk Management

8-07-2014

The best ROI from Risk Management comes if it is conceived as a continuous support of a project from cradle to grave. It does not matter if the project is an acquisition, a strategic shift the board of directors envisions, a process change or some capital expenditure for an existing operation/infrastructure. The support includes of course scheduling and budgeting risk assessment. If the support starts at pre-feasibility level, the return on investment is the highest. However, we can intervene at…

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Emergenza frane in Italia

8-07-2014

Il caso Recenti interviste rilasciate da Franco Gabrielli, capo della protezione civile dal 2010, riportano come in Italia siano stati censiti 480’000 sistemi franosi ma, in considerazione del fatto che non tutti i sistemi sono stati registrati, il dato di riferimento passerebbe a circa due milioni. Un centinaio di questi sarebbe della dimensione della frana della Saxe, vicino a Courmayeur in Valle d’Aosta, che ha destato molto richiamo e molto interesse da parte dei media e del pubblico nel primo…

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ORE and Aerospace Applications

3-07-2014

Smaller satellites are becoming frequent in the so called era of the “nano satellites”. Canada, for example, using an Indian launcher placed simultaneously into orbit, a little more than one year ago, four satellites. The drive to miniaturize has been a recurring theme in the space industry where size and weight translate directly into the cost of getting a satellite off the ground (setting into orbit one tonne of equipment costs approximately 17M$). As an illustration of the “race toward…

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Great Recession over? U.S. passed employment peak, but…

26-06-2014

The News A couple weeks ago, reportedly, the US returned to a level of employment comparable to the pre-2008 level. We see the US and other countries (including Greece) slowly emerging from the crisis, in some cases employment getting back to reasonable pre-recession percentages, but many doubts linger. In the same days we also read that “Americans think economy won’t recover until 2017” and we have read many papers on the income speciation. A little reminder Back in November 2008…

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Che commenti possono farsi dopo il Venerdì nero (13 giugno) della telefonia italiana che, secondo i giornali, ha colpito un Italiano su quattro, con un black out di varie ore?

23-06-2014

Mi permetta di riprendere i punti salienti e pertinenti dell’intervista che ho rilasciato il 6 giugno a Torino e commentarli. Nell’intervista parlavo delle conseguenze sociali ed indirette degli scenari potenziali che devono essere studiate e valutate fino in fondo, le soluzioni sursemplificate e pressapochiste dei decenni passati non essendo più accettabili per il pubblico . Nel caso di venerdì 13/06 si parla già di “maxi risarcimenti”, class actions, interventi dell’Antitrust quindi esattamente dei fenomeni a cui alludevo. La valutazione delle conseguenze…

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Extreme Weather Is Already Draining The Biggest U.S. Companies

19-06-2014

The recent Carbon Disclosure Project (CDP) report shows how Pepsi, Allstate, Walmart, and dozens of other S&P 500 corporations face large financial impacts as climate change worsens. It seems that political diatribes over whether climate change is real should be over now? At Riskope we have been including climate change scenarios and their related costs for a few years in all our holistic risk assessments: from automotive producers and suppliers to mining, insurers and critical infrastructure. Declared impacts by various…

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