THE AMERICA ONE NEWS
Jul 20, 2025 |
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#society
Breitbart: Report: L.A. Wildfires Broke Record for Costliest Insured Fire Losses Ever
The January 2025 wildfires in Los Angeles resulted in record-breaking insurance losses, totaling $40 billion in insured losses and $65 billion overall, according to Gallagher Re. These figures highlight the escalating financial impact of wildfires, comparable to major hurricane events.
The report emphasizes the need for comprehensive strategies to address the increasing frequency and severity of wildfires, linking root causes to climate change and urban development. It calls for collaboration across sectors to improve risk mitigation and recovery efforts.
#economy
Breitbart: As Newsom Campaigns, California Has Highest Unemployment Rate in U.S.
California Governor Gavin Newsom is campaigning for the 2028 presidential election despite his state having the highest unemployment rate in the U.S. at 5.4%. Recent data shows California lost jobs, particularly in business services, while other sectors shrank.
While the unemployment rate is not historically high, it reflects California's economic struggles compared to the rest of the country, which has avoided some of the state's more extreme policies.
GB News: Emily Carver slaps down ‘very patronising’ guest as GB News interview turns frosty
A heated debate on GB News saw presenter Emily Carver confront economist Jonathan Portes over Labour's economic performance. Carver claimed conditions had worsened, while Portes insisted real wages were growing and unemployment figures were misleading, leading to accusations of patronization.
The discussion highlighted differing views on tax policies, with Carver arguing that tax hikes could hinder business growth, while Portes defended the necessity of raising taxes for public services. He dismissed concerns about wealthy individuals leaving the UK as exaggerated, emphasizing the need for fiscal responsibility.