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Bloomsdale Teen Injured in Two-Vehicle Accident

Bloomsdale Teen Injured in Two-Vehicle Accident
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Community mourns deceased WVU law student


Seth Underwood, a student at the West Virginia University College of Law, died Wednesday. He was 23.
Underwood was the president of the WVU Law chapter of the Federal Bar Association, according to his LinkedIn profile. He graduated from WVU with a bachelor’s degree in energy land management in 2019, and was a member of Phi Kappa Psi fraternity.
A cause of death was not provided in a news release.
Dr. Matthew Richardson, the director of WVU's Center for Fraternal Values and Leadership, said that Underwood was a "very well liked" member of the University community.
"We are deeply saddened by the passing of Seth Underwood," Richardson said in a statement. "We are offering support to all impacted students grieving his loss. He was very well liked and the outpouring of love on social media is evidence of that. The Greek community stands with the men of Phi Kappa Psi as they mourn the loss of their brother."

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Board of Governors of the Federal Reserve System (via Public) / Natural Disasters, Climate Change, and Sovereign Risk


Introduction
Unexpected shocks may tip countries with elevated fiscal vulnerabilities into default. The literature has emphasized the role of macroeconomic and financial shocks, such as a decline of commodity prices (Reinhart et al., 2016) or banking crises (Baltenau and Erce, 2018) in shaping sovereign risk. However, other types of shocks, such as political events or natural disasters, are equally important.
2 Extreme weather events appear especially salient in light of the key role played by natural disasters in recent sovereign default episodes (i.e. Grenada 2004, and Antigua y Barbuda 2004 and 2009), the climate crisis, and the recent emphasis on incorporating natural-disaster risk as a component of macroeconomic risk management. In particular, the increase in the frequency and intensity of natural disasters, has led several economists and policy makers to advocate in favor of adopting 'disaster clauses' that allow for a temporary debt moratorium when countries are hit by catastrophic events.

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