Trump announces ‘great’ trade deal with Indonesia, 19% tariff included
U.S. President Donald Trump on Tuesday announced a new trade agreement with Indonesia, calling it a “great deal” that includes a 19% tariff and ex...
California Governor Gavin Newsom is asking Congress for nearly $40 billion in disaster funding to help Los Angeles recover and rebuild areas scorched by last month's devastating wildfires, the Washington Post reported on Friday citing a letter.
"It's going to take an all-hands-on-deck approach to rebuild from the devastating fires in LA," Newsom said in a post on social media platform X that tagged the report.
"I'm asking Congress to have the back of the American people and provide disaster funding to help Californians recover and rebuild as soon as possible," he said, opens new tab, confirming the letter first reported by the Washington Post.
The Pacific Palisades neighborhood of Los Angeles and Altadena on the eastern flank of the metropolis were the sites of the worst of the January blazes. At least 29 people died in the fires that damaged or destroyed more than 16,000 structures.
"The total impact on California's economy will take years to fully quantify," Newsom wrote in the letter to congressional leaders according to the newspaper report.
Newsom also said in the letter that California may request more funds in the future, but that the dollars requested "will directly support these communities in both the immediate and long-term recovery work needed to rebuild lives and properties."
The biggest part of the funding request includes $16.8 billion to cover fire response costs, debris removal, and the repair of roads, bridges, public buildings and utilities, according to the report.
Newsom also asked for an additional $9.9 billion to help rebuild housing and infrastructure, the report said.
In a meeting with U.S. President Donald Trump earlier this month, the California Governor urged him to support federal disaster relief for his state.
Private forecaster AccuWeather projects damage and economic losses from the wildfires at more than $250 billion, which would make them the costliest natural disaster in U.S. history.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Authorities in North Carolina are investigating three potential storm-related deaths linked to severe flooding from the remnants of Tropical Storm Chantal, officials said Tuesday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 10th July, covering the latest developments you need to know.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
French Prime Minister François Bayrou has unveiled a sweeping budget plan that includes scrapping two public holidays—Easter Monday and 8 May, which marks Victory in Europe Day—to tackle the country’s growing debt crisis.
U.S. President Donald Trump on Tuesday announced a new trade agreement with Indonesia, calling it a “great deal” that includes a 19% tariff and expanded U.S. export access.
U.S. President Donald Trump said on Tuesday that Ukrainian forces should not strike Moscow, rejecting reports that he approved long-range missile deliveries.
Canadian Prime Minister Mark Carney says it’s unlikely his government can strike a tariff-free trade deal with the U.S.
NATO Secretary General Mark Rutte is warning that major economies like Brazil, China, and India could face serious consequences if they continue trading with Russia, as the U.S. steps up pressure with fresh sanctions and weapons support for Ukraine.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment