Los Angeles wildfires cause economic losses exceeding $150 billion

Los Angeles wildfires cause economic losses exceeding $150 billion

US private forecaster AccuWeather said that estimated damage and economic loss from the California wildfire, already one of the worst in history, is over $150 billion at a preliminary level. Raging wildfires in Los Angeles killed several people, destroyed hundreds of buildings and stretched firefighting resources and water supplies since they began on Tuesday, with fierce winds hindering firefighting operations

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