Florida agriculture hit with $190M losses from Hurricane Milton

Florida agriculture hit with $190M losses from Hurricane Milton

by Technology


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Florida agriculture suffered greater than $190 million in losses from Hurricane Milton, making it the most costly for farmers and ranchers of three cyclones that pummeled the state in 2024, in response to College of Florida researchers.

When all the info is in, the college’s Institute of Meals and Agricultural Sciences (IFAS) estimates the losses from Milton might attain over $642 million. That compares with farm-related damages of $170 million from Hurricane Debby in August and as much as $162 million attributable to Hurricane Helene in September.

Milton got here ashore Oct. 9 close to Siesta Key on the Gulf coast as a Class 3 storm, sweeping throughout the central a part of the state with hurricane-force winds placing 14 counties. The storm impacted greater than 5.7 million acres (2.3 million hectares) of agricultural land, a lot of it used for cattle and different livestock grazing.

Complete manufacturing worth on that land yearly is pegged at about $8.6 billion, in response to the report.

“Milton resulted in greater agricultural losses than Hurricane Helene, not solely as a result of it prompted extra intense climate circumstances general, but additionally as a result of areas producing high-value commodities skilled higher-intensity climate circumstances,” mentioned Xiaohui Qiao, an IFAS analysis assistant professor.

Helene, which got here ashore Sept. 27 alongside the Large Bend area of Florida, impacted about 6 million acres (2.4 million hectares) of agricultural lands, the report mentioned.

The Milton report is damaged down into high and low estimates of loss. For instance, researchers say losses to vegetable crops vary between $52.5 million and $233 million. Greenhouse and nursery prices are estimated at between $66.9 million and $177 million.

The dominant livestock operations within the area had estimated losses of between $29.4 million and $86.5 million, the researchers mentioned. That features sickened and useless animals but additionally things like broken fencing and buildings and lack of feed.

There additionally have been delays in planting crops essential to Florida’s winter rising season.

“Some growers have delayed winter crop planting attributable to Helene and Milton, disrupting the manufacturing schedule and probably affecting the worth of future harvests,” the report says.

The loss estimates are primarily based on a survey of agriculture producers across the state. A closing report on Milton’s affect is anticipated within the first quarter of 2025 and can embody further survey outcomes.


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Curt Anderson , 2024-12-20 18:02:00

North Korean troops 'undergo heavy losses and kill eight in pleasant hearth blunder' in Vladimir Putin warfare

North Korean troops 'undergo heavy losses and kill eight in pleasant hearth blunder' in Vladimir Putin warfare

by Technology


Ukrainian drones had been additionally reported to have ‘swarmed a North Korean place’ within the Kursk area of Russia


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Nicholas Cecil , 2024-12-16 09:18:00

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Trumps Declare On Russia’s Warfare Losses Disputed By Putin’s Aide

by Technology

Vladimir Putin’s spokesperson has slammed Donald Trump’s declare Russia has misplaced round 600,000 troops within the Ukraine battle.

Whereas suggesting he is aware of “Vladimir nicely”, the US president-elect wrote on social media on Sunday that Moscow is in a “weakened state proper now”.

He claimed that’s the reason the Kremlin couldn’t forestall Syrian dictator Bashar al-Assad, a key ally to Putin, being overthrown in current days.

Trump claimed Russia has misplaced 600,000 troops within the battle, whereas Ukraine misplaced 400,000.

However Putin’s consultant Dmitry Peskov rapidly dismissed Trump’s remarks on Sunday.

In response to Russian state information company TASS, he mentioned: “As for figures cited on losses on each side, clearly, they got in a Ukrainian interpretation and replicate Ukraine’s official stance.

“The precise figures for losses are utterly completely different: Ukrainian losses exponentially surpass the losses on the Russian aspect.”

The precise variety of casualties taken by both aspect to this point within the battle stay a intently guarded secret, though deputy defence minister Ana Tsivilyova appeared to trace final week that round 48,000 Russians have been killed.

Western intelligence, on the hand, suggests Russia might have misplaced greater than 700,000 troopers because the battle started in 2022 as Putin pushes poorly-trained troops onto the frontline.

In his submit on Reality Social on Sunday, Trump additionally claimed a attainable deal between Kyiv and Moscow was on the playing cards – and Peskov was far more receptive to that.

He instructed reporters that “Russia is open to talks on Ukraine and welcomes peace initiatives” significantly after they come from “international locations of the International South”.

It’s not but clear what form this potential deal might take, but it surely’s attainable Ukraine’s future Nato membership could also be on the road together with its sovereignty over the 4 Ukrainian territories Putin at the moment occupies.

Trump’s evaluation of the battle was sparked by the information that Assad had fled Syria.

He mentioned: ”[Russia] misplaced all curiosity in Syria due to Ukraine, the place near 600,000 Russian troopers lay wounded or useless, in a battle that ought to by no means have began, and will go on eternally.”

Posting after his assembly with Ukrainian president Volodymyr Zelenskyy, Trump added: “Zelenskyy and Ukraine want to make a deal and cease the insanity. They’ve ridiculously misplaced 400,000 troopers, and lots of extra civilians. There needs to be a direct ceasefire and negotiations ought to start.

“Too many lives are being so needlessly wasted, too many households destroyed, and if it retains going, it may flip into one thing a lot larger, and much worse. I do know Vladimir nicely. That is his time to behave.”




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Kate Nicholson , 2024-12-08 14:12:00

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Putin’s cousin by chance reveals secret determine referring to Russian losses

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A member of the family of Russian president Vladimir Putin by chance revealed what is probably going a confidential tally of the appeals by family of troops who submitted DNA samples, in an try and establish lifeless troopers by their stays.

Anna Tsivilyova, the daughter of Mr Putin’s cousin and a deputy defence minister, stated the federal government obtained tens of hundreds of appeals from family associated to the monitoring and identification of lacking troopers by means of DNA samples.

Ms Tsivilyova was seen speaking in a video revealed by the unbiased Astra Telegram channel.

Russia and Ukraine haven’t formally revealed a tally of their respective navy losses of personnel within the almost three-year-old struggle and deal with the determine as a state secret.

Western intelligence sources estimate the variety of Russian lifeless to be as excessive as 200,000, with 400,000 wounded.

She was seen speaking to the lawmakers in a video revealed on Tuesday the place she stated: “The Ministry of Inside Affairs takes [DNA] completely freed from cost at their very own expense, and enters into its database all of the family who’ve utilized to us. I’ve already stated 48,000.”

She was requested, moments later, by defence committee chief Andrei Kartapolov to not disclose this quantity.

“Anna Yevgenyevna [Tsivilyova] has talked about figures right here, together with lacking individuals. I earnestly ask you to not use these figures anyplace. That is such delicate, closed info. And after we draw up the ultimate paperwork, we must always not embrace these figures anyplace,” he stated.

Ms Tsivilyova stated: “I didn’t give the numbers of lacking individuals, however the variety of requests to us. A lot of them can be discovered. So this quantity is particularly requests, not information.”

Astra revealed a video of the assembly, which was streamed on the time on the web site of parliament’s decrease home, the Duma. On Wednesday it was now not obtainable on the positioning, Reuters reported.

As late as final month, Russia suffered greater than 2,000 casualties in a single day, Ukraine’s navy claimed, in what would mark one of many heaviest toll of losses inflicted on Mr Putin’s forces at any level within the struggle up to now.

Russian forces had been struggling 1,500 casualties a day and had been nearing the 700,000 mark for the entire killed and wounded since February 2022, Sir Tony Radakin stated final month. He described the price of the struggle on the Russian individuals as “extraordinary”.

In keeping with Astra, a preferred Russian Telegram channel, the trade occurred at a parliamentary listening to in late November.

Ukraine and Russia have usually floated purported numbers of lifeless and wounded on the enemy aspect and each Kyiv and Moscow have dismissed their opponents’ estimates as grossly inflated.


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Arpan Rai , 2024-12-05 08:30:00

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China losses drive Normal Motors to take over $5B in fees to restructure and minimize asset values

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The poor efficiency of Normal Motors‘ Chinese language joint ventures is forcing the corporate to write down down property and take a restructuring cost totaling greater than $5 billion within the fourth quarter of this 12 months.

The Detroit automaker stated in a regulatory submitting Wednesday that it’s going to minimize the worth of its fairness stake within the ventures by $2.6 billion to $2.9 billion when it stories its outcomes early subsequent 12 months. As well as, GM will take $2.7 billion price of restructuring fees, most of it through the fourth quarter.

The noncash fees will scale back the corporate’s internet revenue, however they won’t have an effect on adjusted pretax earnings, GM stated within the submitting with the U.S. Securities and Alternate Fee.

GM for years has owned 50% of its three way partnership with SAIC Normal Motors Corp. and has different joint ventures, together with a finance arm. The ventures was a dependable supply of fairness revenue for the corporate, however have swung to losses prior to now 12 months.

The ventures misplaced $347 million from January via September, in contrast with a revenue of $353 million in the identical interval of 2023. Nonetheless, GM expects to publish a full 12 months internet revenue of $10.4 billion to $11.1 billion.

China has turn out to be an more and more tough marketplace for international automakers, with BYD and different home firms elevating their high quality and lowering prices. The nation additionally has backed home automakers.

The principle three way partnership with SAIC, referred to as SGM, is ending restructuring actions that GM expects will “tackle market challenges and aggressive situations,” GM stated within the submitting.

On GM’s third-quarter earnings convention name, Chief Monetary Officer Paul Jacobson stated restructuring in China had not but began, however gross sales have been up and stock was down.

CEO Mary Barra stated China is a tough surroundings as a result of some home manufacturers “don’t appear to prioritize profitability, they’re positively prioritizing manufacturing.” She stated GM can earn a living there otherwise, specializing in a brand new pickup truck and importing premium automobiles.


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Through AP information wire , 2024-12-04 11:37:00