Businesses and services in the north-eastern U.S resumed on Wednesday after two days of closure forced by the superstorm that killed over 40 people.
Some airports, government buildings, schools and the New York Stock Exchange returned to business yesterday, the BBC reports. But many homes still have no power and the New York subway will remained shut yesterday. More than 40 people are dead in U.S alone. As Sandy sputters away, it leaves behind at least 107 deaths from Haiti to Canada, according to CNN. The storm killed 67 people in the Caribbean. Then it slammed into the U.S. East Coast, where it left at least 39 dead. And one woman in Canada died after begin struck by debris from the storm. On Wednesday, the New York Police Department reported a total of 22 deaths in the city from Sandy.In addition to the scores of deaths, the superstorm is also wreaking financial havoc. The total cost of property damage and lost business is estimated at USD 10 billion to USD 20 billion, according to Eqecat, which provides loss estimates to the insurance industry.
Obama: “America is with you”
President Barack Obama, who has suspended his election campaign, was due to visit affected areas in New Jersey after he visited New York on Tuesday, according to Voice of America. Obama has told Americans affected by the superstorm that “America is with you.” The president spoke from the Washington D.C. headquarters of the American Red Cross. He said the country would stand behind storm victims and help them recover.The cost of clearing up after storm Sandy has been estimated at USD 30-40bn. New York Governor Andrew Cuomo said: “We have not seen damage like this in a generation. The storm is still causing severe disruption after moving inland from the coast. It is forecast to weaken as it turns north into Canada, but to continue dumping heavy snow and rainfall. At least 22 people were killed in New York City alone.JFK and Newark Liberty – two of the New York area’s three main airports – were scheduled to open for a limited service, but severe delays were expected after the cancellation of more than 18,000 flights across the affected area.The New York Stock Exchange resumed trade after two days’ closure, as will the Nasdaq exchange. The last time the stock exchange shut down for two days because of the weather was in 1888. New York’s subway system sustained the worst damage in its 108-year history, said Joseph Lhota, head of the Metropolitan Transit Authority (MTA).