deadly, too. the hurricane katrina which hit louisiana in 2005 reached the coast as a category three storm. the storm left more than 1200 people dead, left 125 billion dollars in damages. at the time it was considered a once in a century storm, but between 2016 and 2018 alone, the us was impacted by six other major hurricanes. what powered katrina and other storms is the heat in the oceans. so as oceans warm, hurricanes gain more energy and become more severe. the result, the scientists say, is that more will reach higher wind speeds and rates of rainfall which can cause catastrophic destruction and widespread flooding as we saw with hurricane harvey. 9 trillion gallons of water fell over the texas coast, hit houston especially hard. tens of
made record profits of £125 billion. but with prices volatile and diminishing demand forfossil fuels, those earnings are uncertain. the international monetary fund has just downgraded its growth prospects. so it s looking to diversify. its £500 billion public investment fund is ploughing cash into luxury tourist resorts on the red sea and this futuristic city, neom. sports actually accounts for less than 2% of its investment. but it s all part of a bid to boost visitors, and morale at home. saudi wants 10% of its earnings to come from tourism by 2030, providing jobs for its population 70% of them are under a0. however, saudi s using its money to grow its influence and power globally in other ways. disney, uber, starbucks, google, zoom ? all household name brands that the kingdom owns a slice of.
from thousands of years of wo world. first of all, it s the only place in the world you still ge to see a king is crowned. king charles will have a tough act to follow. mother queen elizabeth ii ruled for 70 years. charles met with attending international leaders, official and while it was clear years of training paid off. well, it s a mounting history, isn t it? in our lifetime this is the first time there s been a transition of power. others are not sure an event running $125 billion during a cost-of-living crisis is cor correct. and then there is the drama around the royals. prince harry will be attending but without making and it is hoped without controversy. have to be the setting in for her husband first lady in that joe biden, was greeted by the wife of the promise or at numbe. and other americans were camped out in front of buckingham palace, despite two-sided royal. i love it and it is fun to be part of it.
to provide support in the immediate interim. there s no doubt about that, because i can assure you, like we saw in syria and other places take central south america and the united states or the syrian crisis, and germany did a very simple study failure to address the syrian refugee crisis early on, you ended up, just in germany, with a million refugees over a five year period, $125 billion, that 70 euros per day. whereas we can support a syrian in syria for. . .50 cents per day. and guess what? the syrian doesn t want to leave home, but if you don t have food, you don t have peace. in south america, a study that showed, for example, children at the us border, at a cost of $3,750 a week per child, pershelter, $60 million a week, versus $1 to $2 with resilience programmes so that farmers and families can grow their own food versus just handing out food.
more money to feed starving, we need to do things differently ? well, i think there s two things. you ve still got to provide support in the immediate interim. there s no doubt about that, because i can assure you, like we saw in syria and other places take central south america and the united states or the syrian crisis, and germany did a very simple study failure to address the syrian refugee crisis early on, you ended up, just in germany, with a million refugees over a five year period, $125 billion, that 70 euros per day. whereas we can support a syrian in syria for.50 cents per day. and guess what? the syrian doesn t want to leave home, but if you don t have food, you don t have peace. in south america, a study that showed, for example, children at the us border, at a cost of $3,750 a week per child, pershelter, $60 million a week, versus $i to $2 with resilience programmes so that farmers and families can grow their own food versus just handing out food.