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A resident looks over the remains of burned homes in the Breezy Point neighbourhood of New York. Hurricane Sandy will have caused $20bn in property damage and up to $30bn more in lost business.
A resident looks over the remains of burned homes in the Breezy Point neighbourhood of New York. Hurricane Sandy will have caused $20bn in property damage and up to $30bn more in lost business.

'Frankenstorm' devastation to cost US$50bn



WASHINGTON // America began counting the cost yesterday of the freak "Frankenstorm" that killed at least 38 people, left more than eight million without power and paralysed the east coast.

President Obama declared major disaster areas in New York and New Jersey, which bore the brunt of the devastation. A wall of water more than four metres high surged through lower Manhattan, flooded the New York subway and caused an explosion at a power substation. The resulting power cut forced the evacuation of NYU Tisch hospital, and some of the 260 patients had to be carried down 15 flights of stairs.

Water cascaded into the construction pit at the World Trade Centre, and the New York Stock Exchange was closed for a second day. It will reopen today.

The mayor, Michael Bloomberg, said it could be days before power is fully restored and the subway system could be out for up to five days. "Make no mistake about it, this was a devastating storm, maybe the worst we've ever experienced," he said.

Chris Christie, the New Jersey governor, said the storm had brought absolute devastation. "There are no words to describe what's been New Jersey's experience over the last 24 hours," he said. "The cost … is incalculable at this point."

The storm will have caused $20 billion (Dh74bn) in property damage and up to $30bn more in lost business, one of the costliest US natural disasters on record, according to IHS Global Insight, a forecasting company.

And just one week from election day, the US presidential campaign has effectively been suspended as both candidates cancelled campaign rallies and promised to put politics aside. Sandy will have an uncertain effect on an election race that remains tied, and poses unforeseen challenges and opportunities to both candidates.

Mr Obama and challenger Mitt Romney are treading carefully in their response to the crisis and both campaigns have urged supporters to donate to the Red Cross.

The president called the storm "heartbreaking for the nation" yesterday and warned that there were still risks of flooding and downed power lines.

He said he had told government officials coordinating the response that there was "no excuse for inaction".

Ten states and the District of Columbia were declared disaster areas, but New York and New Jersey were hardest hit.

A construction crane that collapsed in the high winds on Monday still dangled precariously 74 floors above the streets of midtown Manhattan, and hundreds of people were evacuated as a precaution. And on Staten Island, a tanker ship wound up beached on the shore.

Most major tunnels and bridges in New York were closed, as were schools, Broadway theatres and the three main airports, LaGuardia, Kennedy and Newark.

In New Jersey, the storm cut off barrier islands, swept houses from their foundations and washed amusement pier rides into the ocean. It also wrecked several boardwalks up and down the coast, tearing away a section of Atlantic City's famous promenade.

At least 7.3 million homes and businesses were without power up and down the coast after the storm tore down power lines and flooded electricity networks.

The deaths include 17 in New York, two in Maryland, two in Connecticut, four in New Jersey, five in Pennsylvania, one in West Virginia and one from HMS Bounty, which sank off the coast of North Carolina early on Monday.

The captain of the replica ship, which was built for the 1962 Marlon Brando movie, Mutiny on the Bounty, is also still missing after the crew was forced to abandon ship. Fourteen crew members were rescued.

A woman in Canada also died when she was hit by flying debris and more than 100,000 Canadians were still without power yesterday.

It will take days for power to be restored to many areas affected by the storm and even longer before the full extent of the damage can be assessed. According to IHA Global Insight, as much as half the damaged property may have been uninsured.

Although weakening as it goes, the storm will continue to bring heavy rain and flooding, said Daniel Brown of the National Hurricane Centre in Miami.

In a measure of the storm's immense size and power, waves on southern Lake Michigan rose to more than six metres. High winds spinning off the edges clobbered the Cleveland area, uprooting trees, cutting power to hundreds of thousands, closing schools and flooding major roads along Lake Erie.

In Portland, Maine, gusts scared away several cruise ships and prompted officials to close the port.

The storm also brought blizzard conditions to parts of West Virginia and neighbouring Appalachian states, with up to a metre of snow expected in some places. A snowstorm in western Maryland caused a pileup of tractor-trailers that blocked part of Interstate 68 on slippery Big Savage Mountain.

"It's like a long-tailed cat in a room full of rocking chairs up here," said Bill Wiltson, a Maryland State Police dispatcher.

* Additional reporting by the Associated Press

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

UAE currency: the story behind the money in your pockets
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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Day 1 results:

Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)

Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)

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Empty Words

By Mario Levrero  

(Coffee House Press)
 

GROUPS AND FIXTURES

Group A
UAE, Italy, Japan, Spain

Group B
Egypt, Iran, Mexico, Russia

Tuesday
4.15pm
: Italy v Japan
5.30pm: Spain v UAE
6.45pm: Egypt v Russia
8pm: Iran v Mexico

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Types of fraud

Phishing: Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.

Smishing: The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.

Vishing: The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.

SIM swap: Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.

Identity theft: Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.

Prize scams: Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.

* Nada El Sawy

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The specs: 2018 Jaguar E-Pace First Edition

Price, base / as tested: Dh186,480 / Dh252,735

Engine: 2.0-litre four-cylinder

Power: 246hp @ 5,500rpm

Torque: 365Nm @ 1,200rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.7L / 100km

Series result

1st ODI Zimbabwe won by 6 wickets

2nd ODI Sri Lanka won by 7 wickets

3rd ODI Sri Lanka won by 8 wickets

4th ODI Zimbabwe won by 4 wickets

5th ODI Zimbabwe won by 3 wickets


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