More than 37,000 acres have been burned in the fires that started on the evening of January 7 in various regions of Los Angeles and spread rapidly due to strong winds. Over 12,000 structures have been damaged or rendered unusable in the fires. Evacuation orders have been issued for approximately 150,000 people, and at least 24 people have lost their lives in the fires. FEARSOME EXPECTATIONS FOR THE U.S.New information continues to come from the U.S. regarding the fires that have caused the disaster. While firefighters report progress after nearly a week of battling the deadly fires in Los Angeles, officials are not optimistic about the situation. Authorities, who expect the winds that are anticipated to be effective this week to return to the fire area, have warned that the scale of the disaster may increase. THE MOST COSTLY FIRE IN U.S. HISTORYAs the fires continue to ravage Los Angeles, the extent of the disaster, including the damage, loss of life, business interruptions, and other economic impacts, is becoming clearer. While it is still too early to definitively calculate the financial toll, the ongoing fires in the region are on track to become the most costly fire in U.S. history. ESTIMATES BEING REVISEDDue to the fires not being fully brought under control, the extent of the damage and loss is increasing day by day. Analysts predict that the total economic loss resulting from the fires will reach billions of dollars, and estimates regarding economic losses are being revised upward due to the ongoing fires. DAMAGE ESTIMATE RAISED TO 150 BILLION DOLLARSFinally, AccuWeather, which provides weather forecasting services worldwide, has raised its estimates regarding the total damage and economic loss caused by the fires in Los Angeles. Accordingly, it is estimated that the total damage and economic loss due to the ongoing fires in the Los Angeles area could be between 135 billion dollars and 150 billion dollars. In its preliminary estimates shared last week, AccuWeather had predicted that the cost of the fires could be between 52 billion dollars and 57 billion dollars.
|