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Attorneys for 10 states and some Louisiana local governments hope a federal judge will block a new system for calculating rates for federal flood insurance NEW ORLEANS -- Increases in federal flood insurance premiums that are projected to surpass 700% over the coming years are already leading people to back out of home purchases and will likely lead to an exodus of residents and businesses from southern Louisiana, officials told a federal judge Thursday in New Orleans. The testimony came in a hearing in a lawsuit Louisiana and nine other state s filed against the federal government to block sharp increases in national flood insurance rates. A phase-in of the new rates began in 2021. Annual increases are limited to 18%. The Federal Emergency Management Agency said the new method of computing rates has resulted in reductions or little or no increase for most policy holders. But FEMA figures also show huge impending increases in some Louisiana ZIP codes. State and local officials who te...

Algerian authorities say President Abdelmadjid Tebboune has started a three-day state visit to Russia meant to strengthen relations of “friendship and cooperation” at the invitation of Russian President Vladimir Putin ALGIERS, Algeria -- Algerian President Abdelmadjid Tebboune on Tuesday is starting a three-day state visit to Russia meant to strengthen relations of “friendship and cooperation” at the invitation of Russian President Vladimir Putin, authorities said Tuesday. The Algerian presidency said in a statement that Tebboune will attend an economic forum to be held this week in the city of St. Petersburg. Putin’s invitation had been conveyed by Russian Foreign Minister Sergey Lavrov during his visit to Algiers in May last year with the aim of developing bilateral Military , economic and humanitarian ties, and in other areas. Some Algerian media have criticized the visit amid Russia’s war in Ukraine. “The timing is not at all appropriate, as this visit by the president could...