• December 18, 2025
  • libyawire
  • 0

Global economic losses from natural disasters fell by about one-third in 2025 to $220 billion, despite wildfires in Los Angeles and storms in the United States that caused significant damage, according to preliminary estimates.

Insurance costs incurred by companies rose to $107 billion, representing a 24.1% decrease year-on-year. This is a result of a North Atlantic hurricane season that caused less damage compared to 2024, according to a statement issued on Tuesday.

Los Angeles

Los Angeles is a major city in Southern California, United States. Here are some key points about it:

### **Overview**
– **Population:** ~3.9 million (city proper), ~13 million (metro area) – largest in California and second-largest in the U.S.
– **Nicknames:** LA, City of Angels, Entertainment Capital of the World.
– **Founded:** 1781 (as *El Pueblo de Nuestra Señora la Reina de los Ángeles*).

### **Key Features**
1. **Entertainment Industry**
– Global hub for film, TV, music, and digital media (Hollywood, major studios, Grammy Awards).
2. **Cultural Diversity**
– Over 140 languages spoken; vibrant neighborhoods like Koreatown, Little Tokyo, and Boyle Heights.
3. **Economy**
– Diverse sectors: entertainment, tech, aerospace, fashion, international trade (ports of LA/Long Beach).
4. **Landmarks**
– Hollywood Sign, Griffith Observatory, Santa Monica Pier, Getty Center, Disneyland (nearby).
5. **Geography & Climate**
– Coastal basin with beaches, mountains (Santa Monica Mountains), and deserts nearby. Mediterranean climate (mild, sunny).
6. **Sports**
– Home to multiple professional teams (Lakers, Dodgers, Rams, LAFC, etc.).
7. **Challenges**
– Traffic congestion, high cost of living, homelessness, and seismic activity.

### **Fun Facts**
– LA County has over 75 miles of coastline.
– The Hollywood Walk of Fame has 2,700+ stars.
– Hosted the 1932 and 1984 Summer Olympics; will host again in 2028.

Would you like details on any specific aspect, such as tourism, history, or cultural highlights?

United States

The **United States of America (USA)** is a federal republic located primarily in North America, consisting of 50 states, a federal district (Washington, D.C.), five major territories, and various minor islands. Here are some key points:

### **Quick Facts**
– **Capital:** Washington, D.C.
– **Largest City:** New York City
– **Population:** ~331 million (2020 census)
– **Area:** ~9.8 million sq km (3rd/4th largest in the world)
– **Government:** Federal presidential constitutional republic
– **Official Language:** None at federal level (English de facto)
– **Currency:** United States Dollar (USD)

### **History Highlights**
– **Independence:** Declared from Great Britain on July 4, 1776.
– **Constitution:** Adopted in 1787, oldest written national constitution still in use.
– **Expansion:** Grew from 13 original colonies to span the continent through treaties, purchases, and annexation.
– **Civil War:** 1861–1865, preserved the Union and abolished slavery.
– **World Role:** Emerged as a global superpower in the 20th century.

### **Economy**
– Largest economy in the world by nominal GDP.
– Diverse sectors: technology, finance, healthcare, manufacturing, agriculture, and entertainment.
– Home to major global corporations and stock exchanges (e.g., NYSE, NASDAQ).

### **Culture**
– Highly diverse due to immigration; often called a “melting pot.”
– Major cultural influence globally through media, music, film (Hollywood), technology, and fashion.
– Known for landmarks like the Statue of Liberty, Grand Canyon, Mount Rushmore, and the White House.

### **Government Structure**
– **Executive Branch:** Headed by the President.
– **Legislative Branch:** Bicameral Congress (Senate and House of Representatives).
– **Judicial Branch:** Supreme Court and lower federal courts.
– System of checks and balances among the three branches.

### **Geography**
– Varied landscapes: mountains (Rockies, Appalachians), plains, deserts, coastlines, and forests.
– Borders Canada to the north, Mexico to the south, Atlantic and Pacific Oceans on the east and west.

### **Notable Aspects**
– A leading nation in scientific research, innovation, and higher education (home to many top universities).
– Key founding member of NATO, the United Nations, and other international organizations.
– Varied climate zones, from arctic (Alaska) to tropical (Hawaii, Florida).

Would you like more detail on any specific aspect—such as its history, states, political system, or cultural contributions?

North Atlantic

The phrase **”North Atlantic”** typically refers to the northern part of the Atlantic Ocean, but it can also be associated with several specific contexts:

### **1. Geographical Region**
– **North Atlantic Ocean**: The portion of the Atlantic Ocean north of the equator, bounded by North America, Europe, and the Arctic Ocean.
– **Key features**: Includes the Gulf Stream, the North Atlantic Current, and important shipping routes.
– **Notable seas**: The Caribbean Sea, the Mediterranean Sea (connected via the Strait of Gibraltar), and the North Sea.

### **2. Historical & Political Contexts**
– **NATO (North Atlantic Treaty Organization)**: A military alliance formed in 1949 for collective defense among North American and European countries.
– **North Atlantic Treaty**: The founding treaty of NATO, signed in Washington, D.C.
– **Age of Exploration**: The North Atlantic was a major route for voyages between Europe and the Americas (e.g., Columbus, Viking expeditions).

### **3. Environmental & Scientific Significance**
– **North Atlantic Gyre**: A large system of circular ocean currents.
– **Climate regulation**: The North Atlantic Drift (part of the Gulf Stream) helps moderate Europe’s climate.
– **Hurricane formation**: Many Atlantic hurricanes originate in the North Atlantic basin.

### **4. Economic & Transportation**
– **Shipping lanes**: Busy routes like the North Atlantic shipping corridor between Europe and North America.
– **Fishing grounds**: Rich fisheries such as the Grand Banks off Newfoundland.
– **Subsea cables**: Critical telecommunications and data infrastructure cross the ocean floor.

### **5. Cultural References**
– **”North Atlantic” in literature/film**: For example, *The Cruel Sea* (novel/film about WWII naval warfare) or explorations of transatlantic travel.
– **Aviation**: The North Atlantic Track System (NATS) for air traffic between North America and Europe.

If you have a more specific question about the North Atlantic (e.g., its ecology, geopolitical importance, or a particular event), feel free to ask!

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