Türkiye Earthquake Damage Set to Exceed $100 Bln, Says UN Agency

This picture shows collapsed buildings in Hatay on March 6, 2023, one month after a massive earthquake struck southeastern Türkiye. (AFP)
This picture shows collapsed buildings in Hatay on March 6, 2023, one month after a massive earthquake struck southeastern Türkiye. (AFP)
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Türkiye Earthquake Damage Set to Exceed $100 Bln, Says UN Agency

This picture shows collapsed buildings in Hatay on March 6, 2023, one month after a massive earthquake struck southeastern Türkiye. (AFP)
This picture shows collapsed buildings in Hatay on March 6, 2023, one month after a massive earthquake struck southeastern Türkiye. (AFP)

Damage caused by a devastating earthquake in Türkiye will exceed $100 billion, a UN Development Program official told a press briefing on Tuesday ahead of a major donor conference next week.

"It's clear from the calculations being done to date that the damage figure presented by the government and supported by...international partners would be in excess of $100 billion," said the UNDP's Louisa Vinton, by video link from Gaziantep.

More than 52,000 people were killed in Türkiye and Syria by the Feb. 6 earthquakes, with many being crushed or buried in their sleep.

The provisional damage figure, which Vinton said covers just Türkiye, is being used as a basis for a donor conference to mobilize funds for earthquake victims in Brussels, Belgium on March 16, she added.

The World Bank previously estimated the Türkiye damage at around $34.2 billion.

Vinton described the scenes in Türkiye’s worst-hit Hatay province as "apocalyptic", saying hundreds of thousands of homes have been destroyed.

"The needs are vast but the resources are scarce," she added.



Ukraine Says Russia Hit Vessel Carrying Ukrainian Grain to Egypt in Black Sea

A view shows a damaged civilian cargo vessel, carrying wheat grain to Egypt, which was hit by a Russian missile strike after it left Ukrainian maritime border in the Black Sea, amid Russia's attack on Ukraine, September 12, 2024. Ukrainian Presidential Press Service/Handout via REUTERS
A view shows a damaged civilian cargo vessel, carrying wheat grain to Egypt, which was hit by a Russian missile strike after it left Ukrainian maritime border in the Black Sea, amid Russia's attack on Ukraine, September 12, 2024. Ukrainian Presidential Press Service/Handout via REUTERS
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Ukraine Says Russia Hit Vessel Carrying Ukrainian Grain to Egypt in Black Sea

A view shows a damaged civilian cargo vessel, carrying wheat grain to Egypt, which was hit by a Russian missile strike after it left Ukrainian maritime border in the Black Sea, amid Russia's attack on Ukraine, September 12, 2024. Ukrainian Presidential Press Service/Handout via REUTERS
A view shows a damaged civilian cargo vessel, carrying wheat grain to Egypt, which was hit by a Russian missile strike after it left Ukrainian maritime border in the Black Sea, amid Russia's attack on Ukraine, September 12, 2024. Ukrainian Presidential Press Service/Handout via REUTERS

Ukraine accused Russia on Thursday of using strategic bombers to hit a civilian grain vessel with a missile in the Black Sea in NATO member Romania's maritime economic zone, in what it described as a "brazen attack" on freedom of navigation.

President Volodymyr Zelenskiy said the vessel carrying Ukrainian grain to Egypt had been hit by a Russian missile just after it exited Ukrainian territorial waters, and that there were no casualties according to a preliminary assessment.

If confirmed, the incident would mark a sharp increase in tensions between Moscow and the NATO military alliance, which has tried to tack a course between fears of escalation and supporting Ukraine in its war with Russia since Moscow's invasion in February 2022, according to Reuters.

British maritime security company Ambrey said in a note that a Saint Kitts and Nevis-flagged bulk carrier had been struck by a Russian-launched missile after departing from the Ukrainian port of Chornomorsk in Ukraine's Odesa region.

The vessel sustained damage to its port side, including a cargo hold and a crane, it said.

Traders said the incident had contributed to stronger wheat prices by adding to concern over tightening supply in the Black Sea export zone. US futures rose as much as 2% to hit a two-month peak.

Zelenskiy posted images showing the twisted metal of a damaged crane and other damage.

An industry source told Reuters the strike had taken place overnight not far from the mouth of the Danube river. Dmytro Pletenchuk, spokesman for Ukraine's navy, told Reuters, the vessel was in Romania's maritime economic zone.

Romania's Naval Authority said the vessel had not been in its territorial waters and that its assistance had not been requested in any way.

Zelenskiy wrote on X: "We are waiting for the world to react. Wheat and food security should never be targets for missiles."

Ukrainian Foreign Minister Andrii Sybiha called the strike "a brazen attack on freedom of navigation and global food security."

Ukraine is a major global grain exporter that has had to battle Russia in the Black Sea to revive its exports through its sea ports since Russia's invasion imposed a de facto blockade.