Viswanathan Anand Suffers 6th Straight Defeat In Legends Of Chess Tournament
Chennai: Former world champion Viswanathan Anand's struggles continued in the USD 150,000 Legends of Chess online tournament as he suffered his sixth consecutive defeat with a 2-3 loss to Ian Nepomniachtchi of Russia.
Anand started the sixth round match with a draw as he came up with good defensive moves to keep the Russian at bay in a 53-move draw.
However, Nepomniachtchi went ahead by pulling off a 34-move win in the second game. The third saw the players sign peace after 48 moves.
The five-time world champion then fought back well to claim the fourth game in 42 moves to push the contest into the Armageddon (a tie-breaker).
Nepomniachtchi won the decisive tie-break in 41 moves to shatter the hopes of the 50-year old Indian superstar and left him winless after six rounds.
World champion Magnus Carlen continued his winning run and tops the standings with 17 match points. Nepomniachtchi is second on 16 followed by compatriot Vladimir Karmnik (12).
Anand, who is making his debut on the Magnus Carlsen Tour, lies ninth with three points.
Legends of Chess is a unique event where Carlsen, Ding Liren, Nepomniachtchi and Anish Giri, semifinalists at the Chessable Masters (part of the Magnus Carlsen Tour), received an automatic invite and are up against six legends aged 40-52, who have been at the top of world chess at various points in their career.
The winner of this event will qualify for the USD 300,000 Grand Final, scheduled from August 9 to 20.
Results - Round 6: Ian Nepomniachtchi beat Viswanathan Anand 3-2; Magnus Carlsen beat Ding Liren 2.5-1.5: Anish Giri beat Peter Leko 2.5-1.5; Vladmir Kramnik beat Boris Gelfand 3-2; Peter Svidler beat Vasyl Ivanchuk 3-2.
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Los Angeles county wildfires could be costliest in US history, early estimates say
Los Angeles, Jan 11: The wildfires that erupted this week across Los Angeles County are still raging, but already are projected to be among the costliest natural disasters in US history.
The devastating blazes have killed at least 11 people and incinerated more than 12,000 structures since Tuesday, laying waste to entire neighbourhoods once home to multimillion-dollar properties.
While it's still too early for an accurate tally of the financial toll, the losses so far likely make the wildfires the costliest ever in the US, according to various estimates.
A preliminary estimate by AccuWeather put the damage and economic losses so far between USD 135 billion and USD 150 billion. By comparison, AccuWeather estimated the damage and economic losses caused by Hurricane Helene, which tore across six southeastern states last fall, at USD 225 billion to USD 250 billion.
“This will be the costliest wildfire in California modern history and also very likely the costliest wildfire in US modern history, because of the fires occurring in the densely populated areas around Los Angeles with some of the highest-valued real estate in the country,” said Jonathan Porter, the private firm's chief meteorologist.
AccuWeather factors in a multitude of variables in its estimates, including damage to homes, businesses, infrastructure and vehicles, as well as immediate and long-term health care costs, lost wages and supply chain interruptions.
The insurance broker Aon PLC also said Friday that the LA County wildfires will likely end up being the costliest in US history, although it did not issue an estimate. Aon ranks a wildfire known as the Camp Fire in Paradise, California, in 2018 as the costliest in US history up to now at USD 12.5 billion, adjusted for inflation. The Camp Fire killed 85 people and destroyed about 11,000 homes.
The LA County wildfires, which were fuelled by hurricane-force Santa Ana winds and an extreme drought, remained largely uncontained Saturday. That means the final tally of losses from the blazes is likely to increase, perhaps substantially.
“To put this into perspective, the total damage and economic loss from this wildfire disaster could reach nearly 4 per cent of the annual GDP of the state of California,” AccuWeather's Porter said.
In a report Friday, Moody's also concluded that the wildfires would prove to be the costliest in US history, specifically because they have ripped through densely populated areas with higher-end properties.
While the state is no stranger to major wildfires, they have generally been concentrated in inland areas that are not densely populated. That's led to less destruction per acre, and in damage to less expensive homes, Moody's noted.
That's far from the case this time, with one of the largest conflagrations destroying thousands of properties across the Pacific Palisades and Malibu, home to many Hollywood stars and executives with multimillion-dollar properties. Already, numerous celebrities have lost homes to the fires.
“The scale and intensity of the blazes, combined with their geographic footprint, suggest a staggering price tag, both in terms of the human cost and the economic toll,” Moody's analysts wrote. The report did not include a preliminary cost estimate of the wildfire damage.
It could be several months before a concrete tally of the financial losses from the wildfires will be possible.
“We're in the very early stages of this disaster,” Porter said.
