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.



China’s Xi Jinping to Visit Russia Next Month for BRICS Summit 

Russian President Vladimir Putin and Chinese President Xi Jinping shake hands during a meeting on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Astana, Kazakhstan July 3, 2024. (Sputnik/Sergei Guneev/Pool via Reuters)
Russian President Vladimir Putin and Chinese President Xi Jinping shake hands during a meeting on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Astana, Kazakhstan July 3, 2024. (Sputnik/Sergei Guneev/Pool via Reuters)
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China’s Xi Jinping to Visit Russia Next Month for BRICS Summit 

Russian President Vladimir Putin and Chinese President Xi Jinping shake hands during a meeting on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Astana, Kazakhstan July 3, 2024. (Sputnik/Sergei Guneev/Pool via Reuters)
Russian President Vladimir Putin and Chinese President Xi Jinping shake hands during a meeting on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Astana, Kazakhstan July 3, 2024. (Sputnik/Sergei Guneev/Pool via Reuters)

Chinese leader Xi Jinping will visit Russia next month for a summit of the BRICS bloc of developing economies, China's Foreign Minister Wang Yi confirmed Thursday, a move that comes as Moscow and Beijing seek to counter the West’s global influence.

Xi's visit to Russia will be his second since the Kremlin sent troops into Ukraine in February 2022. China claims to take a neutral position in the conflict, but it has backed the Kremlin’s contentions that Russia's action was provoked by the West, and it continues to supply key components needed by Moscow for weapons production.

Wang Yi met with Russian President Vladimir Putin in St. Petersburg Thursday and the two hailed ties between the two countries. The Chinese foreign minister said that Xi “happily accepted” Putin's invite to attend the BRICS summit in the Russian city of Kazan in October.

Putin, in turn, announced that the two will also sit down for a bilateral meeting in Kazan and discuss various aspects of the Russia-China relations, which “are developing quite successfully” and “in all directions.”

Xi last visited Russia in March 2023 and Putin reciprocated with his own trip to China in Oct. that year. The two leaders have since also met in Beijing in May, where Putin took the first foreign trip of his fifth presidential term, and in Kazakhstan in July.

After launching what the Kremlin calls a “special military operation” in Ukraine, Russia has become increasingly dependent economically on China as Western sanctions cut its access to much of the international trading system. China’s increased trade with Russia, totaling $240 billion last year, has helped the country mitigate some of the worst blows from the sanctions.

Moscow has diverted the bulk of its energy exports to China and relied on Chinese companies to import high-tech components for Russian military industries to circumvent Western sanctions.

The two countries have also deepened their military ties in the last two years.

The BRICS alliance was founded in 2006 by Brazil, Russia, India and China, with South Africa joining in 2010. It has recently undergone an expansion and now includes Iran, Egypt, Ethiopia and the United Arab Emirates.

BRICS has a stated aim to amplify the voice of major emerging economies to counterbalance the Western-led global order. Its founding members have called for a fairer world order and the reform of international institutions like the United Nations, the International Monetary Fund and the World Bank.