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Realistic depiction of storm-ravaged alpine village after Storm Johannes, with fallen trees, power outages, ski damage, and heavy snowfall from Storm Anna approaching on New Year's Eve.
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Storms Johannes and Anna: Detailed insurance coverage amid new snowfall threats

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Following Storm Johannes's devastation—with fallen trees, power outages, and disruptions like cruise chaos and ski resort damage—insurance covers most home impacts, expert Peter Stark confirms. As recovery continues, impending Storm Anna risks further isolation via extreme New Year's snowfall.

One in four South Korean households spent more than their disposable income in the fourth quarter of 2025, pushing the share of deficit-running households to the highest level in six years, government data showed. The ratio reached 25 percent for the October-December period, the highest since the fourth quarter of 2019. Market analysts attributed this to prolonged high inflation straining household finances.

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High electricity prices in Sweden are forcing single mother Angelica Hjelm, 31, to move from her villa in Bräcke, Jämtland. Her January bill reached 8,000 kronor, and February looks set to be even more expensive. Energy economist Claes Hemberg describes the situation as a crisis on the electricity market.

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