US President: Hurricane Milton Losses Estimated at $50 Billion

US President Joe Biden has announced that Hurricane Milton caused losses estimated at $50 billion after hitting the state of Florida. Biden told reporters Friday at the White House that "Experts estimate that it caused damages of nearly $50 billion." The death toll from Hurricane Milton has risen to at least 16, according to officials in the state of Florida, as residents began to return to their homes and work to restore their normal routine. The previous death toll from Hurricane Milton, which hit the state of Florida, was 14, in addition to massive destruction of facilities and homes and the cancelation of thousands of flights in the state, according to what the US authorities announced. The hurricane also caused widespread flooding and unexpected tornadoes that increased the extent of the damage. Source: Qatar News Agency