financial damage

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Turkey earthquake: Financial damage estimated to reach staggering $84bn

Twin earthquakes that have so far killed more than 30,000 people in Turkey and destroyed thousands of buildings could cost up to $84.1 billion - or about 10 percent of the country's GDP, a Turkish business group said. In a report published over the weekend, the Turkish Enterprise and Business Confederation estimated $70.75bn of the financial damage will be housing loss, $10.4bn from loss in national income, and $2.91bn in lost working days. The […]

today14 February 2023

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