Storm- News » Experts said that this storm

Early forecasts suggest the total damage may reach $20 billion in terms of economic damage. This is damage to local businesses Newport Cigarettes Coupons, particularly coastal ones hit by flooding, in Manhattan, there was a 13ft surge. The airlines were also hit hard, with over 12,500 flights grounded by US officials.

US stock trading is closed through to Wednesday, this is the first back-to-back closure for weather since 1888, and technology has come a long way since then.

It is thought that 5 to 10 billion dollars worth of losses were insured, a high figure, but that could account for only 50% of the total damages. Many businesses may never recover from this storm.

Experts said that this storm was of such sheer magnitude, along with the snow, the surges, the full moon and the high tide, it combined to take the situation to a whole new level. 2.1 million homes were without power before the storm had even made landfall, the force of the wind and rain having that much effect.



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