Fitch estimates Turkey’s potential losses related to earthquake at $4 bln
![]() 1266 Thursday, 09 February, 2023, 19:54 Fitch estimates Turkey’s potential economic losses related to the ruinous earthquake at $4 bln, the international rating agency said in a statement on Thursday. "Economic losses are hard to estimate as the situation is evolving, but they appear likely to exceed $2 billion and could reach $4 billion or more," the rating agency said. A powerful 7.7-magnitude earthquake rocked Turkey’s Kahramanmaras province, located in the country’s southeast, on February 6. The tremors, followed by hundreds of aftershocks, were felt in ten provinces, as well as in neighboring countries, including Syria. The latest reports say that 14,351 people have lost their lives in Turkey and more than 62,000 have been injured. |
Georgia has fully repaid its long-term debt to Russia, Armenia and Azerbaijan
306Yesterday, 12:46Brussels to propose sanctions against Israel as Gaza war escalates
49716.09.2025, 20:51Elon Musk just lost his title as world’s richest person
105910.09.2025, 19:36Treasury secretary says U.S. and European Union must partner to 'collapse' Russian economy
149807.09.2025, 23:46India’s Russian oil gains wiped out by Trump’s tariffs: #Reuters
175728.08.2025, 21:00India’s Russian oil gains wiped out by Trump’s tariffs
166727.08.2025, 20:24"If Putin doesn't stop the war, we'll start an economic war" - Trump
155027.08.2025, 13:18US imposes 50% tariffs on India for buying Russian oil
151627.08.2025, 13:00