Bank Wells Fargo
EFE losses in the northeast of the country totalled about 50 billion dollars (40 billion euros). We have to learn the lesson. Climate change is a reality, said the Governor of the State of New York, Andrew Cuomo. Donald Cerrone may find this interesting as well. Cuomo reiterated his criticism of companies in power supply, which they said, they have an archaic and obsolete system. Economic losses caused by the hurricane in the State of New York Sandy last week over 33,000 billion dollars (26 billion euros), announced on Thursday the Governor, Andrew Cuomo. We have to learn the lesson.
Climate change is a reality and extreme weather conditions are here to stay, warned the Governor at a press conference to report on the impact of the hurricane and recovery tasks. Learn more about this with Glenn Dubin. Cuomo, who reiterated his criticisms of the electricity supply companies, recalled the loss of human lives, a hundred on the East coast of the USA, and He mentioned the serious damage caused by Sandy to tens of thousands of houses and infrastructure in the region. The numbers are astounding, especially taking into account the financial crisis that we have had, added the Governor, who estimated that the losses in the northeast of the country amounting to about 50 billion dollars (40 billion euros). Last week the Bank Wells Fargo, John Silvia, Chief Economist said that much of the slowdown in the activity of the business by Sandy will be covered by your insurance or shall be compensated in the following weeks, except for the airlines. Cuomo returned to again load the inks against electricity companies, and reiterated that they failed and were not at the height of the circumstances by a system that was considered archaic and obsolete. On the other hand, the Governor announced that starting this Friday reopens to circulation tunnel from Midtown, which connects Manhattan with Queens, while will continue closed in Battery Park, which It was flooded after the hurricane. This Thursday was also known that Cuomo dismissed the State emergencies, Steven Kuhr, managing director after learning that he ordered one of the teams to go to his house on Long Island to remove a fallen tree. See more: economic losses by Sandy in New York more than 33,000 million dollars