14min chapter

World Business Report cover image

Rebuilding after LA’s wildfires – who will pay

World Business Report

CHAPTER

Fire, Insurance, and Venezuela

This chapter discusses the harrowing experiences of Los Angeles residents during wildfires, including their evacuation efforts and the emotional toll of losing homes. It highlights the pressing issues of inadequate insurance coverage in the wake of climate change-induced disasters, exploring potential solutions for improved safety and accessibility. The latter half shifts focus to the economic and political crisis in Venezuela, analyzing the ineffectiveness of sanctions and the need for a more nuanced approach to stabilize the economy and prevent mass immigration.

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