The total economic damage from wildfires in Hawaii may amount from $8 billion to $10 billion, Market Watch reports with reference to preliminary estimates of AccuWeather.
These estimates include both insured and uninsured losses, the company notes.
The fires not only directly affect the region’s residents, their real estate and businesses, but will also have a negative impact on tourism in the future, AccuWeather said in its report.
The company estimates $3 billion to $5 billion in damage from the July floods in the northeastern United States.
Key insurers in Hawaii include State Farm Insurance, Berkshire Hathaway, Tokio Marine, USAA and Allstate Corp. notes Jefferies.
According to the latest figures, 55 people have died as a result of the wildfires in Hawaii.
Natural fires in Greece on Thursday reached the outskirts of the capital, reports Associated Press.
As noted, in particular, the fire in the area of the capital’s suburb of Kifissia spread rapidly due to increased wind. However, several helicopters and fire brigades were deployed to extinguish this fire. It was eventually extinguished.
Meanwhile, in the central part of Greece, near the city of Volos, the spread of forest fires has not yet stopped. Because of them closed part of one of the busiest highways. The movement of rail transport is carried out with interruptions.
Firefighters in Rhodes are fighting the raging fires for the 10th day. New fires are also reported in the forests on the island of Euboea.
Greek Prime Minister Kyriakos Mitsotakis on Thursday said more action is needed to combat climate change.
“Climate change may be a reality, but it cannot be an excuse. Our country needs to take more measures to be prepared to mitigate, as much as possible, the effects of this reality, which we are already beginning to feel and which could have dramatic effects on many aspects of our economic and social life,” he said.
The joint task force staff the State Emergency Service of Ukraine on August 13 in Greece tackled areas of wildfires near the settlements of Ellinika and Kamatriades.
“During the day, fires were tackled on a total area of 3.2 hectares,” the press service of the State Emergency Service said.
Work is scheduled to continue on Saturday August 14.
As reported, on August 6, firefighters from the joint task force of Ukraine arrived in Greece to help fight devastating wildfires. A hundred rescuers of the State Emergency Service with the necessary equipment flew out of the Kyiv airport.
President of Ukraine Volodymyr Zelensky has set a task for the government to send 100 Ukrainian firefighters to Greece to help extinguish forest fires.
“I set the task to the government to assist Greece in overcoming the devastating fires in some parts of the country. On Friday, the Cabinet of Ministers is to make a decision to send 100 of our experienced firefighters with the necessary equipment to help Greece,” the head of state said on Twitter on Friday night.
