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	Podcast:		World Business Report
	Episode:		Joe Biden declares an emergency in California as wildfires devastate Los Angeles
	Category:		Business
	Duration:		00:26:25
	Publish Date:		2025-01-09 16:13:00
	Description:		At least five different wildfires are still raging around Los Angeles, and the flames are visible from space, squeezing the city in a blazing pincer. We will look at the financial costs to fight such fires and insurance costs for people who live in areas like Southern California where fires happen regularly. A new mega-port on Peru’s coastline—part of China's Belt and Road Initiative—will increase the frequency of trips to Asia this month. And Ethiopia is on the brink of launching a new stock exchange after a fifty-year gap. This stock exchange is housed on a freshly minted trading floor within a towering high-rise in Addis Ababa's financial hub.
	Total Play:		0