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Weather-Related Disasters Pose a Growing Threat to US Economic Prowess /
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2024-04-30 00:01:21

Weather-Related Disasters Pose a Growing Threat to US Economic Prowess on Nostr: Weather-Related Disasters Pose a Growing Threat to US Economic Prowess ...

Weather-Related Disasters Pose a Growing Threat to US Economic Prowess
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#c5e4196b ver:0.13

Severe weather disasters cost the US $97 billion, equivalent to 0.4% of GDP, hindering economic prowess. Rising global temperatures increase frequency and severity of events, driving up insurance costs and worsening housing crisis. Urgent adaptation measures needed to address this growing threat. Economic losses could have long-term consequences, reducing growth and overall performance. US experiences double the GDP-adjusted damage compared to fifth-ranked country. Philippines loses 3% of GDP annually. Effective adaptation measures crucial to mitigate losses. #ClimateChange #EconomicImpact #AdaptationNeeded...

#newstr #WeatherrelatedDisasters #EconomicProwess #Gdp #SwissRe #AdaptationMeasures

https://here.news/story/c5e4196b?ver=0.13
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