Welcome to SPN

Register and Join the most happening forum of Sikh community & intellectuals from around the world.

Sign Up Now!
  1.   Become a Supporter    ::   Make a Contribution   
    Target (Recurring Monthly): $200 :: Achieved: $98

USA Billions of Dollars Lost in US South from Tornados

Discussion in 'Breaking News' started by Archived_Member16, Apr 30, 2011.

  1. Archived_Member16

    Expand Collapse
    SPNer Contributor

    Jan 7, 2005
    Likes Received:
    April 30, 2011

    Please pray for the lost lives!

    Billions of dollars lost in US South from tornados
    India Gazette
    Saturday 30th April, 2011

    • President Obama promises federal support for affected communities
    • Initial costs from property damage alone at US $2 billion to US $5 billion
    • Over 10,000 homes destroyed, including many schools

    With recovery efforts now underway across the US South following days of deadly tornados, the horrifying toll of destruction has been estimated to cost as much as US $5 billion.

    More than 300 people have been killed in Mississippi, Tennessee, Arkansas, Georgia, Virginia and Louisiana with entire neighbourhoods flattened across the South. Several schools were also destroyed and officials have confirmed that, among the 339 dead, there are many children.

    “It is heartbreaking,” said President Obama of the devastation. He said that, while those who’d been killed were “alongside God at this point”, the damage to communities was something the government could rectify.

    “The property damage, which is obviously extensive, that's something we can do something about,” said the president.

    Catastrophe risk modelling company EQECAT, speaking to the Associated Press, said the cost of the recovery would be in the billions.

    “With initial reports of buildings destroyed approaching 10,000, property insurance losses are expected to range from $2 to $5 billion,” said EQECAT. Their estimates don’t take into account the wider loss of production to the local economy in the disaster-hit areas.

    Many of the tornados that touched down over the last few days were a mile wide and travelled for over one hundred miles, according to the risk modelling company.

    “Tornado activity in April is putting 2011 into the record books,” the statement added.

    source: http://story.indiagazette.com/index...ns-of-dollars-lost-in-US-South-from-tornados/
    • Like Like x 2
  2. Loading...

    Similar Threads Forum Date
    Politics How The Mubarak Family Made Its Billions Breaking News Feb 13, 2011
    India India Drained of Billions: A Report Breaking News Nov 19, 2010
    Girl, 5, Collects Hundreds Of Dollars For Peace Selling Lemonade Outside Westboro Baptist Church Inspirational Stories Jun 17, 2013
    India Indians have slashed 500 billion dollars of black money in Swiss banks Breaking News Sep 1, 2010
    Politics Indian intelligence paid thousands of dollars to Punjabi media Breaking News Apr 30, 2010

  3. spnadmin

    spnadmin United States
    Expand Collapse
    1947-2014 (Archived)
    SPNer Supporter

    Jun 17, 2004
    Likes Received:
    Thanks for your kindness in posting this. It is extreme without a doubt. This is actually very early for tornados in the US by a month and a half. It is an annually occurring weather pattern that happens because of the geological surface of the US interacting with atmosphere and pressure conditions. So there is no stopping them and no way to really be prepared. But this one is so extreme and the suffering is huge. God bless these people.
Since you're here... we have a small favor to ask...

More people are visiting & reading SPN than ever but far fewer are paying to sustain it. Advertising revenues across the online media have fallen fast. So you can see why we need to ask for your help. Donating to SPN's is vote for free speech, for diversity of opinions, for the right of the people to stand up to religious bigotry. Without any affiliation to any organization, this constant struggle takes a lot of hard work to sustain as we entirely depend on the contributions of our esteemed writers/readers. We do it because we believe our perspective matters – because it might well be your perspective, too... Fund our efforts and together we can keep the world informed about the real Sikh Sikhi Sikhism. If everyone who writes or reads our content, who likes it, helps us to pay for it, our future would be much more secure. Every Contribution Matters, Contribute Generously!

    Become a Supporter      ::     Make a Contribution     

Share This Page