A report from the charity on hurricanes, floods, typhoons and storms influenced by climate change warns that the top 10 disasters each cost more than 4 billion US dollars in damage (£3.2 billion). The figures are based mostly on insured losses, so the true costs are likely to be even higher, Christian Aid said, as it called for action to cut greenhouse gas emissions and finance for poor countries to cope with climate change. Politicians who “downplay the urgency of the climate crisis only serve to harm their own people and cause untold suffering around the world”, climate expert Joanna Haigh said. While developed countries feature heavily in the list of costliest weather extremes, as they have higher property values and can afford insurance, the charity also highlighted another 10 disasters which did not rack up such costs but were just as devastating, often hitting poorer countries. Most extreme weather events show “clear fingerprints” of climate change, which is driving more extreme weather events, making them more intense and frequent, experts said. The single most costly event in 2024 was Hurricane Milton, which scientists say was made windier, wetter and more destructive by global warming, and which caused 60 billion US dollars (£48 billion) of damage when it hit the US in October. That is closely followed by Hurricane Helene, which cost 55 billion US dollars (£44 billion) when it hit the US, Mexico and Cuba just two weeks before Milton in late September. The US was hit by so many costly storms throughout the year that even when hurricanes are removed, other storms cost more than 60 billion US dollars in damage, the report said. Three of the costliest 10 climate extremes hit Europe, including the floods from Storm Boris which devastated central European countries in September and deadly flooding in Valencia in October which killed 226 people. In other parts of the world, floods in June and July in China killed 315 people and racked up costs of 15.6 billion US dollars (£12.4 billion), while Typhoon Yagi, which hit south-west Asia in September, killed more than 800 people and cost 12.6 billion dollars (£10 billion). Events which were not among the most costly in financial terms but which have still been devastating include Cyclone Chido which hit Mayotte in December and may have killed more than 1,000 people, Christian Aid said. Meanwhile, heatwaves affected 33 million people in Bangladesh and worsened the humanitarian crisis in Gaza, flooding affected 6.6 million people in West Africa and the worst drought in living memory affected more than 14 million in Zambia, Malawi, Namibia and Zimbabwe, the charity said. Christian Aid chief executive Patrick Watt said: “There is nothing natural about the growing severity and frequency of droughts, floods and storms. “Disasters are being supercharged by decisions to keep burning fossil fuels, and to allow emissions to rise. “And they’re being made worse by the consistent failure to deliver on financial commitments to the poorest and most climate-vulnerable countries. “In 2025 we need to see governments leading, and taking action to accelerate the green transition, reduce emissions, and fund their promises.” Dr Mariam Zachariah, World Weather Attribution researcher who analyses extreme events in near-real time to discern the role of climate change, at Imperial College London, said: “This report is just a snapshot of climate devastation in 2024. “There are many more droughts, heatwaves, wildfires and floods not included that are becoming more frequent and intense. “Most of these disasters show clear fingerprints of climate change. “Extreme weather is clearly causing incredible suffering in all corners of the world. Behind the billion-dollar figures are lost lives and livelihoods.” And Prof Haigh, emeritus professor of atmospheric physics at Imperial College London, said: “The economic impact of these extreme weather events should be a wake-up call. “The good news is that ever-worsening crises doesn’t have to be our long-term future. “The technologies of a clean energy economy exist, but we need leaders to invest in them and roll them out at scale.” The 10 costliest climate disasters of 2024 were: – US storms, December to January, more than 60 billion US dollars; – Hurricane Milton in the US, October 9-13, 60 billion US dollars (£48 billion); – Hurricane Helene in the US, Mexico, Cuba, 55 billion US dollars (£44 billion); – China floods, June 9-July 14, 15.6 billion US dollars (£12.4 billion); – Typhoon Yagi, which hit south-west Asia from September 1 to 9, 12.6 billion US dollars (£10 billion); – Hurricane Beryl, in the US, Mexico and Caribbean islands from July 1-11, 6.7 billion US dollars (£5.3 billion); – Storm Boris in central Europe, September 12-16, 5.2 billion US dollars (£4.1 billion); – Rio Grande do Sul floods in Brazil, April 28-May 3, 5 billion US dollars (£4 billion); – Bavaria floods, Germany, June 1-7, 4.45 billion US dollars (£3.5 billion); – Valencia floods, Spain, on October 29, 4.22 billion US dollars (£3.4 billion).Americans Are Exhausted by Political News. 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Josh Allen passed for two touchdowns and rushed for one more as the Buffalo Bills clobbered the New York Jets 40-14 on Sunday afternoon in Orchard Park, N.Y. The Bills clinched the No. 2 seed in the AFC with the victory. Allen was showered with "M-V-P" chants after putting the game away with a pair of third-quarter touchdown passes -- a 30-yard connection with Amari Cooper and a 14-yard strike to a leaping Keon Coleman with 12 seconds left in the frame. Those scores sandwiched a 1-yard touchdown run by James Cook. Buffalo (13-3) took a 33-0 lead into the fourth quarter thanks to its 21-point third. Allen, who turned things over to backup quarterback Mitchell Trubisky for the final 15 minutes, finished with 182 yards on 16-for-27 passing. Trubisky hit Tyrell Shavers for a 69-yard TD on his first pass of the contest to make it 40-0 with 12:37 to go. It marked Shavers' first career catch. The Bills' defense was in the spotlight just as much as Allen, forcing three turnovers and racking up four sacks. Aaron Rodgers struggled under center for New York (4-12), completing 12 of 18 passes for 112 yards. He was picked off twice. Second-string signal-caller Tyrod Taylor broke the shutout with a 9-yard touchdown pass to Garrett Wilson with 6:59 left in the game. The Jets proceeded to convert a two-point try to trim their deficit to 40-8. Wilson hauled in seven receptions for 66 yards and the TD. Tyler Conklin grabbed a 20-yard touchdown with 1:55 remaining to complete the scoring. Taylor ended up with 83 yards and the two TDs on 11-of-14 passing. A.J. Epenesa gave the Bills a boost just before the break, sacking Rodgers for a safety that put Buffalo up 9-0 with 2:31 remaining in the second quarter. Tyler Bass extended the Bills' lead with a 39-yard field goal as time expired in the first half. The teams combined for five penalties on the game's first drive, with a 5-yard defensive pass interference call setting Buffalo up at the Jets 1. Allen then got pushed into the end zone for his franchise-record-tying 65th rushing touchdown. --Field Level MediaInvestors with a lot of money to spend have taken a bullish stance on Trump Media & Technology DJT . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DJT, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 24 uncommon options trades for Trump Media & Technology. This isn't normal. The overall sentiment of these big-money traders is split between 58% bullish and 16%, bearish. Out of all of the special options we uncovered, 8 are puts, for a total amount of $357,300, and 16 are calls, for a total amount of $573,060. Projected Price Targets Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $20.0 to $67.0 for Trump Media & Technology over the last 3 months. Insights into Volume & Open Interest Looking at the volume and open interest is an insightful way to conduct due diligence on a stock. This data can help you track the liquidity and interest for Trump Media & Technology's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Trump Media & Technology's whale activity within a strike price range from $20.0 to $67.0 in the last 30 days. Trump Media & Technology Option Activity Analysis: Last 30 Days Significant Options Trades Detected: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume DJT PUT SWEEP BULLISH 01/24/25 $1.83 $1.55 $1.55 $31.00 $77.5K 46 500 DJT PUT TRADE BULLISH 12/19/25 $16.45 $15.35 $15.5 $40.00 $71.3K 29 48 DJT CALL TRADE BULLISH 01/15/27 $21.7 $19.55 $21.7 $20.00 $52.0K 327 0 DJT CALL TRADE BULLISH 02/21/25 $5.15 $5.15 $5.15 $40.00 $51.5K 3.3K 129 DJT PUT SWEEP BULLISH 01/10/25 $2.54 $2.36 $2.36 $37.00 $47.2K 76 627 About Trump Media & Technology Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology. In light of the recent options history for Trump Media & Technology, it's now appropriate to focus on the company itself. We aim to explore its current performance. Where Is Trump Media & Technology Standing Right Now? With a trading volume of 6,474,777, the price of DJT is up by 3.73%, reaching $37.13. Current RSI values indicate that the stock is may be approaching overbought. Next earnings report is scheduled for 39 days from now. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access . Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Trump Media & Technology with Benzinga Pro for real-time alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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