Turkish earthquakes' economic impact evaluated

(RT) ⸻ The devastating earthquakes that struck Türkiye and Syria on Monday could have caused $84 billion worth of damage, according to a business group cited by Bloomberg. This is significantly higher than previous estimates, with Fitch and Bank of America putting the figure at around $3-5 billion and $2-3 billion respectively. The magnitude 7.7 earthquake in Gaziantep and the magnitude 7.6 quake in nearby Kahramanmaras Province caused widespread devastation across nine Turkish provinces and in neighboring Syria, killing 22,327 people and injuring 80,278. In Syria, combined figures from the government in Damascus and militant groups in the affected regions put the death toll above 3,500. The earthquakes were the most powerful to strike the region since the 1939 Erzincan earthquake, which killed 32,000 people and injured 100,000.