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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (1391412)	2/15/2023 1:03:16 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 1584048

"you would expect that with worldwide housing inflation" Grocery inflation too, right? Three mega-disasters costing over $20 billionThree individual weather events in 2022 topped the $20 billion economic loss threshold: Hurricane Ian ($113-$115 billion), drought in the U.S. ($21-$22 billion), and drought in Europe ($22-$26 billion). This was just the fifth time on record in which three of more $20+ billion events had been registered in a calendar year. Four nations had their costliest weather disasters on record in 2022Based on historical disaster costs at EM-DAT, Pakistan’s $15 billion 2o22 flood catastrophe (9% of GDP) was that nation’s most expensive weather disaster on record, ahead of the $12.8 billion (2022 USD) damages from flooding in 2010. In addition, three nations in Africa — Nigeria, South Africa, and Somalia — set all-time records for their most costly weather-related disaster during 2022. According to EM-DAT, the 2022 floods in Nigeria did $4.2 billion in damage (previous costliest weather disaster: flooding in 2012 that cost $640 million); the 2022 floods in South Africa did $3.5 billion in damage (previous costliest disaster: $2.2 billion 2022 USD from a 1990 drought). These are the two most expensive weather disasters on record in all of Africa (adjusted for inflation). Dozens of billion-dollar weather disasters hit Earth in 2022 » Yale Climate Connections