"A Special Event occurred in Province Q; tax losses were 100 pounds of gold"

[Yossar]

A blizzard in one province could easily cut off a major trade route into another province, decreasing revenue in both. I'm not sure exactly what the message is, but it's not difficult to believe that something that happens in one province can affect others.

[Zapmeister]

I think the original poster's basic point is valid, though. No attempt is made to relate most events to the province they occur in.

I'd also like to see events parameterized by something (possibly the turn number they occur in) to keep their relative impact on the game more stable. I refer to the fact that losing your lab on turn 1 can put you out of the game, while losing it on turn 50 is almost a non-event.