Tuesday, October 30, 2012

Hurricane Sandy: The hidden costs

BBC: The full impact from the huge storm Sandy, which was downgraded from a hurricane late on Monday, is yet to be known, and the full financial cost may be difficult to calculate. Damage totalling $10bn to $20bn (£6bn-£12bn). That's how much some analysts expect Sandy, the so-called "Frankenstorm" currently charging up the US East Coast, to cost when all is said and done. But that number - large as it is - underplays the full economic impact of Sandy's wrath, ignoring both the human and government...

URL: http://www.bbc.co.uk/news/magazine-20128378#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
Enclosure: http://news.bbcimg.co.uk/media/images/63792000/jpg/_63792507_tree_ap-1.jpg

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