The economic losses of drought in the world exceed 8 billion dollars

<p style=";text-align:left;direction:ltr">ArabiaWeather.com- A recent study conducted by the American insurance company, On Penfield, showed that the total economic losses associated with drought in the world exceed 8 billion dollars, or about 7.2 billion euros, during the coming months, with the increase of the “El Nino” phenomenon.</p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> The climatic phenomenon associated with the American meteorology “El Nino” is one of the strongest weather phenomena the world has witnessed so far, and the cost of drought in the United States of America amounts to 3 billion dollars due to losses caused by agriculture in the state of California.</p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> See also:</p><p style=";text-align:left;direction:ltr"> <a href="http://jo.arabiaweather.com/content/%D9%85%D8%B4%D9%87%D8%AF-%D8%AC%D8%A... new scene shows the scale of the disaster that befell Muscat as a result of the rains</a></p><p style=";text-align:left;direction:ltr"> <a href="http://jo.arabiaweather.com/content/%D8%A8%D8%A7%D9%84%D9%81%D9%8A%D8%AF... A torrential torrent swept through a commercial market in the center of Muscat, sweeping away a number of people</a></p><p style=";text-align:left;direction:ltr"> <a href="http://jo.arabiaweather.com/content/%D9%84%D8%AD%D8%B8%D8%A9-%D8%A7%D9%8... moment of the collapse of part of the roof of a commercial center in the Sultanate of Oman due to rain</a></p><p style=";text-align:left;direction:ltr"></p>