#AccuWeather estimates more than $250 billion in damages and economic loss from LA wildfires
1298
Tuesday, 14 January, 2025, 13:13
![]() As fires continue to rage across Southern California and the scope of catastrophic damage, loss of life, business disruptions and other economic impacts becomes clearer, AccuWeather has updated and increased its preliminary estimate of the total damage and economic loss to between $250 billion and $275 billion. “These fast-moving, wind-driven infernos have created one of the costliest wildfire disasters in modern U.S. history,” AccuWeather Chief Meteorologist Jonathan Porter said. “Hurricane-force winds sent flames ripping through neighborhoods filled with multi-million-dollar homes. The devastation left behind is heartbreaking, and the economic toll is staggering." |

EU plans crypto ban for Russia, FT reports
70911.02.2026, 00:48
US Treasury Secretary says US sanctions crushed Iran’s economy and sparked protests (video)
83306.02.2026, 10:43
Elon Musk just became the first person ever worth $800 billion after SpaceX acquired xAI
77804.02.2026, 18:30
Xi Jinping calls for China’s renminbi to attain global reserve currency status
73801.02.2026, 23:05
Trump signs order allowing US to impose tariffs on countries supplying oil to Cuba
78630.01.2026, 12:17
EU Adds Russia to High-Risk Money Laundering List Strengthening Financial Controls
82730.01.2026, 00:37
