and the total costs.
Chances are that, after a more complete assessment is completed, that the damage will total way over 50 billion dollars, and perhaps reach close to $100 billion. Damage is not just to the areas infrastructures; damage is also to personal and business properties, such as homes and business structures, and the loss of income. Loss of income alone will be in the many billions.
“The Morning Briefing” is SmartPlanet’s daily roundup of must-reads from the web. This morning we’re reading about the damage caused by Hurricane Sandy.
1.) Hurricane Sandy update: At least 72 dead, total damage in the billions of dollars. Death blew in on the superstorm’s wild winds and sea water torrents, claiming 90-year-olds and children with capriciously toppling trees, taking tall-ship adventurers in mountainous Atlantic waves and average folks just trying to deal with a freakish snowstorm.
2.) Storm Sandy’s damage will ‘take some time‘ as transit, power hit. The waterlogged Northeast U.S. emerged from the wreckage of Hurricane Sandy with renewed stock trading, air travel and pledges by government officials, from the White House on down, to help overcome the devastation from the worst Atlantic storm in the nation’s history.
3.) Hurricane Sandy damage: A guide to the aftermath. Hurricane Sandy caused destruction up the Eastern Seaboard from North Carolina to Maine, with much of the damage centered in New York and New Jersey. The Huffington Post has put together the following map of damage in those states.
4.) Sandy damage estimate at $6B, Cuomo seeks 100% reimbursement from FEMA. Gov. Andrew Cuomo on Wednesday requested that President Barack Obama provide up to 100 percent reimbursement to New York for the damage from Superstorm Sandy, saying the state may have sustained $6 billion in economic losses.
5.) Sandy damage will keep Outer Banks bridge, highway closed for weeks. The state Department of Transportation restored ferry service Wednesday for Outer Banks residents, but visitors were still barred from Hatteras Island – where it will take weeks to fix a bridge and highway damaged this week by Hurricane Sandy.
Image credit: NASA
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