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The devastating wildfires wreaking havoc on Greater Los Angeles are shaping up as one of the greatest disasters in US history, destroying or scorching over 9,300 homes, businesses and other buildings, and causing up to $150 billion in damage. Here's how the disaster could affect the insurance sector, and tens of millions of ordinary Americans.
MOSCOW (Sputnik) - The Qingdao Metro in China's eastern Shandong province has launched the world's first carbon fiber train for commercial operation, with 11% lighter in weight compared to conventional trains, China Central Television reported on Friday.
Austria’s right-wing Freedom Party (FPO) and the conservative Austrian People's Party (OVP) have begun coalition talks after being tasked by Austrian President Alexander Van der Bellen to form a government.
Multiple wildfires have erupted in California since Tuesday, killing at least 10 people and forcing tens of thousands to evacuate. Damage estimates from the ongoing blazes in and around Los Angeles range from $135 billion to $150 billion, according to AccuWeather.
MOSCOW (Sputnik) - One person has been detained by the Los Angeles Police Department on suspicion of arson that started the Kenneth Fire, one of the devastating wildfires raging in California, NewsNation reported on Friday, citing law enforcement officials.
MOSCOW (Sputnik) - Early damage estimates from the ongoing wildfires in and around Los Angeles have jumped to between $135 billion and $150 billion, AccuWeather Public Relations Manager Bill Wadell said on Friday.
TEL AVIV (Sputnik) - Israeli Defense Minister Israel Katz on Friday ordered the military to present a plan for the complete destruction of Palestinian movement Hamas in the Gaza Strip if Israeli hostages are not released by the inauguration of US President-elect Donald Trump on January 20.
MOSCOW (Sputnik) - Kabul intends to sign an agreement with Russia on the transit of 50 million cubic meters of liquefied natural gas through Afghanistan, the head of the Russian Business Center in Afghanistan, Rustam Khabibullin, told Sputnik on Friday.
Iran’s Islamic Revolutionary Guard Corps held the final stage of the Great Prophet 19 exercises on Thursday, with massive wargame, which kicked off last Saturday, taking place against the background of heightened regional tensions, escalated by Israeli and US threats to bomb Iran's nuclear program.
All warfare is based on deception. Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near. Sun Tzu, The Art of War