International

The Los Angeles fires caused losses of more than 30 billion in real estate

The devastating fires that devastated Los Angeles County for more than three weeks last January caused real estate losses that could exceed 30 billion dollars, according to an analysis published this Friday by the Los Angeles Times.

The report, which compares the assessments of the California Fire Department of Fire (CalFire), estimates that government agencies could suffer economic damage of $61 million or more per year while the areas affected by the Palisades and Eaton fires, the two most virulent foci, are rebuilt.

The fires destroyed structures in 56% of all properties that make up the wealthy Pacific Palisades neighborhood, while almost half of the properties in Altadena, the most affected by the Eaton flames, were reduced to ashes, LA Times added.

Among the more than 16,000 structures affected by the fires were at least 79 single-family homes valued at more than 10 million dollars in this neighborhood, while more than 2,400 homes in Altadena, Los Angeles, amounted to over 1.5 million dollars, the document specified.

Although the study estimates losses of $22 billion in Palisades and another $7 billion in Altadena in homes classified by the authorities as “destroyed or damaged by up to 50%”, these data are only a fraction of the total cost of the worst forest fire disaster in the region, estimated at up to 272 million dollars.

20260212_constancia_pagos_mh_728x90

The fire wave, which began on January 7 and took more than three weeks to completely extinguish, left at least 29 dead, 150,000 evacuated, more than 16,000 structures destroyed, and will go down in US history as one of the most expensive natural disasters.

International

Florida judge sets 2027 trial in Trump’s $10 billion lawsuit against BBC

A federal judge in Florida has scheduled February 2027 for the trial in the lawsuit filed by U.S. President Donald Trump against the BBC, in which he is seeking $10 billion in damages for defamation.

Trump accuses the British broadcaster of airing a misleading edit of a speech he delivered on January 6, 2021, which, he says, made it appear that he explicitly urged his supporters to attack the U.S. Capitol in Washington.

The president filed the suit in December in federal court in Florida, alleging defamation and violations of a law governing business practices when the program was broadcast ahead of the 2024 election.

Trump is seeking $5 billion in damages for each of the two claims.

Lawyers for the BBC unsuccessfully asked the court to dismiss the case, arguing that Trump had not suffered a “legally recognizable harm,” since the investigative program Panorama, which included the edited footage, aired outside the United States.

20260212_constancia_pagos_mh_728x90

International

Head-of-state diplomacy key to guiding China–U.S. ties, Beijing says

Head-of-state diplomacy plays an irreplaceable strategic guiding role in China–United States relations, Chinese Foreign Ministry spokesperson Lin Jian said on Thursday during a regular press briefing, when asked about high-level exchanges between the two sides.

Lin added that in a recent phone call, U.S. President Donald Trump once again expressed his intention to visit China in April, while Chinese President Xi Jinping reiterated his invitation.

Both sides remain in communication regarding the matter, the spokesperson said.

Lin noted that the essence of China–U.S. economic and trade ties lies in mutual benefit and win-win outcomes.

“Both parties should work together to implement the important consensus reached by the two heads of state, injecting greater certainty and stability into China–U.S. economic and trade cooperation, as well as into the global economy,” he said.

20260212_constancia_pagos_mh_728x90

International

Trump administration to end special immigration operation in Minnesota

The administration of Donald Trump is bringing to a close its special operation targeting illegal immigration in the northern state of Minnesota, border czar Tom Homan announced Thursday, following weeks of unrest and the fatal shootings of two activists by federal agents.

Thousands of federal officers had been deployed to Minnesota in December to carry out large-scale raids against undocumented immigrants.

The operations triggered strong reactions from residents and advocacy groups, leading to daily confrontations and the deaths of two people who were shot by federal agents.

“I proposed, and President Trump agreed, that this special operation should end in Minnesota,” Homan said during a press conference in the state capital, Minneapolis.

“A significant drawdown began this week and will continue into next week,” he added.

20260212_constancia_pagos_mh_728x90

Homan indicated that similar enforcement efforts could be launched in other cities.

“Next week we will redeploy the agents currently here back to their home stations or to other parts of the country where they are needed. But we will continue to enforce immigration laws,” he said.