A double whammy of hurricanes could slow US economy - News Summed Up

A double whammy of hurricanes could slow US economy


A double whammy of hurricanes could slow US economyReuters White House homeland security advisor Tom Bossert said it could take weeks before power is restored in Florida after Hurricane Irma. While tropical storm Irma is weakening as it swirls beyond Florida, there are concerns the double whammy of that and Hurricane Harvey could derail the US economy. In Atlanta, people nervously watched towering oak trees as the city, 400km inland, experienced its first tropical storm warning. Hurricane Harvey will likely cost up to US$108 billion (NZ$148.7b), according to Bank of America Merrill Lynch, which would make it the second-most- expensive hurricane after Katrina. NASA Hurricane Irma storms towards Florida, passing the eastern end of Cuba.


Source: Stuff September 12, 2017 01:15 UTC



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