World Daily News
World
United States / Mexico / Cuba

Hurricane Milton: A Looming Catastrophe for Florida with Severe Economic Implications

Images from the reference sources
Hurricane Milton, now a Category 5 storm, poses a severe threat to Florida, with potential tornadoes and significant economic impacts expected, particularly on agriculture.


Hurricane Milton Intensifies: A Rising Threat to Florida

Hurricane Milton is currently a Category 5 hurricane, posing a significant threat to Florida as it approaches the state. According to the latest updates from the National Hurricane Center, the storm is located approximately 360 miles southwest of Tampa and is moving northeast. With winds now reaching 260 kilometers per hour, Milton is expected to bring severe thunderstorms and the potential for multiple tornadoes across central and south Florida, including cities like Fort Myers, Sarasota, and Melbourne. The Storm Prediction Center has raised the risk level to 3 out of 5 for severe weather, affecting over 3 million residents.

The hurricane's impact is anticipated to be far-reaching, with flood warnings in effect for around 20 million people. Images from the International Space Station show the storm's massive scale, and NASA has postponed the launch of the Europa Clipper mission due to safety concerns related to the hurricane. Governor Ron DeSantis has declared a state of emergency in 51 of Florida's 67 counties, urging residents to prepare for what could be one of the most severe hurricanes in the state's history.

Economic Impact and Agricultural Concerns

The economic ramifications of Hurricane Milton could be immense, potentially making it the costliest hurricane in Florida's history. Following the devastating impacts of Hurricane Ian, which caused damages estimated at $113 billion, Milton's arrival raises concerns for local agriculture, particularly citrus crops in the southwest region near Tampa. Ray Royce, executive director of the Highlands County Farmers Association, expressed fears over potential losses to fruit from the storm's winds and subsequent fallout, exacerbated by existing citrus greening disease in the area.

Insurance companies have been on high alert, with the last 18 months marking the most expensive period for insurers due to natural disasters. The increasing frequency and severity of hurricanes, including Milton, contribute to rising property insurance costs and a shrinking pool of insurers willing to cover high-risk areas. The cumulative losses from such storms not only affect individual homeowners but also have wider implications for the economy, including food inflation and disruptions in the supply chain.

As Milton approaches landfall, residents are reminded to stay updated on weather alerts and prepare for potential evacuations and property damage. The long-term effects of this hurricane, both in terms of human toll and economic impact, remain to be seen, but the situation is dire as Florida braces for the storm's arrival.

Clam Reports
Refs: | EL PAÍS | ANSA |

Trends

World

Violence Erupts in Amsterdam as Israeli Football Fans Riot; 62 Arrested

2024-11-08T10:59:21.916Z

Violence erupted in Amsterdam following a football match between Ajax and Maccabi Tel Aviv, leading to 62 arrests and 5 injuries as Israeli fans clashed with local supporters.

World

Putin Ready to Talk to Trump as Ukraine Faces North Korean Troops

2024-11-08T09:48:46.162Z

Ukrainian President Zelensky reported clashes with North Korean troops in Russia, while Putin expressed readiness to engage in dialogue with President-elect Trump about the Ukraine war.

World

Hezbollah's Intensified Attacks Keep Israeli Forces on High Alert

2024-11-08T19:08:07.284Z

Hezbollah's recent escalation of attacks, including drone strikes and rocket fire, has placed the Israeli army on permanent alert, raising security concerns and highlighting the ongoing humanitarian crisis in the region.

World

Palestinian Resistance in Gaza Demonstrates Tactical Adaptability

2024-11-08T19:18:11.807Z

Major General Mohammed Al-Samadi discusses the evolving tactics and successes of Palestinian resistance operations in northern Gaza, highlighting their adaptability and strategic use of diverse weaponry.

World

Jordan Faces Uncertain Future Amid Trump's Return to Presidency

2024-11-08T19:08:03.154Z

Following Donald Trump's re-election, Jordanian officials express heightened concerns over potential threats to national stability and the Palestinian issue, fearing the revival of the controversial 'Deal of the Century'.

World

Parents Arrested for Torturing and Murdering Their Two-Year-Old Daughter

2024-11-08T19:28:17.156Z

Parents in Komsomolsk-on-Amur have been arrested on charges of torturing and murdering their two-year-old daughter, facing severe allegations of neglect and abuse.

Latest