ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Biggest natural disasters of 2023: Earthquakes, snowstorms, fires and more

Floods, earthquakes, and deadly wildfires raged around the world in 2023. Here is a retrospective look at some of the deadliest disasters in the U.S. and across the world.

In 2023, the world witnessed a series of major disasters that caused widespread destruction, tearing up homes and communities, and in many cases, taking lives. 

Here is a retrospective — but not exhaustive — look at some of 2023’s biggest natural disasters in the United States and around the world. 

TURKEY-SYRIA EARTHQUAKE – FEB. 6, 2023 

In early February, a magnitude 7.8 earthquake struck Syria and Turkey, followed by a series of powerful aftershocks that lasted for days. The United Nations later estimated that the temblors killed around 50,000 people — the vast majority of whom were in Turkey. 

The shaking toppled thousands of buildings and heaped more misery on a region wracked by Syria’s 12-year civil war and refugee crisis. Many blamed lax building codes in Turkey, as well as a slow government response there, for exacerbating the crisis. 

LIBYA FLOODS – SEPT. 4-12, 2023

A massive rainstorm overwhelmed two dams in Libya and sent water rushing down to the eastern city of Derna. Entire neighborhoods full of people were washed into the sea. 

Many blamed the country’s inability to respond to the disaster on a government that’s been divided for the past decade. Rival administrations are backed by international patrons and armed militias whose influence in the country has ballooned since a NATO-backed Arab Spring uprising toppled autocratic ruler Moammar Gadhafi in 2011. 

MOROCCO EARTHQUAKE – SEPT. 8, 2023 

A 6.8 earthquake struck Morocco’s Atlas Mountains in early September, killing an estimated 2,900 people. The region’s mud-brick homes left those trapped underneath with little air and hindered rescue operations. 

HAWAII FIRE WILDFIRES – AUG. 8-11, 2023

A wildfire tore through the Hawaiian island of Maui in early August, reducing much of the historic town of Lahaina to ash and forcing people to jump into the ocean to flee the flames. Approximately 100 people were killed. 

This month, Hawaii Gov. Josh Green said he was requesting $425 million from lawmakers during the next fiscal year to help Maui recover from the wildfires. 

HURRICANE IDALIA – AUG. 26-31, 2023

The year saw 20 storms in the Atlantic basin — the fourth-highest total since 1950. Seven of these became hurricanes, and three intensified into major hurricanes. 

The most powerful of these was Hurricane Idalia, which made landfall as a Category 3 hurricane along the Florida Gulf Coast and produced more than 80% of the season’s damage. 

Ophelia affected the U.S. East Coast all the way up to New England. There were also multiple hurricane landfalls across Mexico, including Hurricane Otis, a Category 5 storm which devastated Acapulco and killed dozens. 

The Associated Press contributed to this report. 

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.