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Hurricane Sandy Damage May Amount Up to $18bn

posted: 7 months ago

Hurricane Sandy, on track to disrupt the lives of as many as 60 million people, shut schools and governments from Virginia to Massachusetts today, halted travel, prevented U.S. stock markets from opening and upended the presidential campaign.

The system may cause $18bn in damage and knock out power to 10 million for a week or more.

Source: Bloomberg

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