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Extreme weather will cost US well over $100bn this year

The Sky News reported, President Biden said extreme weather will cost the US well over $100bn (£72bn) this year.
According to the Sky News, Mr Biden said nearly one in three American communities had been hit by weather disasters in the past few months.
Speaking at Colorado’s National Renewable Energy Laboratory, Mr Biden said: “We know what the driver is – climate change.
“We know what’s causing climate change – human activity.
“This is no longer subject to debate.”
The Sky News said, Biden words came as tropical storm Nicholas was soaking Texas and Louisiana with torrential rain, flooding streets and leaving many thousands of properties without power.

Just two weeks earlier Hurricane Ida killed more than 80 people across at least eight US states.
Earlier this week, Mr Biden visited the National Interagency Fire Center in Boise, Idaho, which has been operating at its highest level of deployment for two months.
Idaho and a handful of other western states have reported their hottest summers on record.
Read more: Tropical storm Nicholas hits Texas and Louisiana
Mr Biden also visited California, which has had more than 7,400 wildfires this year, scorching more than 3,500 square miles.
The state’s second-largest fire on record – the Dixie Fire – has burned 1,500 square miles in the northern Sierra and southern Cascades region.
Mr Biden said: “We can’t ignore the reality that these wildfires are being supercharged by climate change.
“It isn’t about red or blue states. It’s about fires. Just fires.”
“Here’s the good news: Something that is caused by humans can be solved by humans.”
The US has set a goal to reach net zero emissions by 2050 while using solely carbon pollution-free power 15 years before that.
Mr Biden insisted this could be done in a way that “creates good jobs, lowers costs to consumers and businesses and makes us global leaders”.
Read more: Britain ready and waiting to begin trade negotiations with United States
The US president is pushing his $1.2trn infrastructure bill, saying that every dollar spent on resilience would save $6 in future costs.
Climate measures in the bill include tax incentives for electric vehicles, a civilian climate corps, and money to help the economy move towards renewable energy such as wind and solar.
Watch the Daily Climate Show at 6.30pm Monday to Friday on Sky News, the Sky News website and app, on YouTube and Twitter.
The show investigates how global warming is changing our landscape and highlights solutions to the crisis.
Source: skynews
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BENEFIT Sponsors BuildHer...
- April 23, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”
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