Matthew toll nears 900 in Haiti, heavy storm lashes Florida; lakhs stranded

October 8, 2016

Haiti, Oct 8: Hurricane Hurricane Matthew`s trail of destruction in Haiti stunned those emerging from the aftermath on Friday, with the number of dead soaring to 877, tens of thousands left homeless and outbreaks of cholera already claiming more lives.

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Information trickled in from remote areas that were cut off by the storm and it became clear that at least 175 people died in villages clustered among the hills and on the coast of Haiti`s fertile western tip.

Matthew triggered mass evacuations along the United States coast from Florida through Georgia and into South Carolina and North Carolina.

U.S. President Barack Obama urged people not to be complacent and to heed safety instructions.

“The potential for storm surge, loss of life and severe property damage exists," Obama told reporters, after a briefing with emergency management officials about the fiercest cyclone to affect the United States since Superstorm Sandy four years ago.

Matthew smashed through Haiti's western peninsula on Tuesday with 145 mile-per-hour (233 km-per-hour) winds and torrential rain. Some 61,500 people were in shelters, officials said, after the storm pushed the sea into fragile coastal villages, some of which were only now being contacted.

While highlighting the misery of underdevelopment in Haiti, which is still recovering from a devastating 2010 earthquake, the storm looked certain to rekindle the debate about global warming and the long-term threat posed to low-lying cities and towns by rising sea levels.

At least three towns in the hills and coast of Haiti`s fertile western tip reported dozens of people killed, including the farming village of Chantal where the mayor said 86 people died, mostly when trees crushed houses. He said 20 others were missing.

"A tree fell on the house and flattened it. The entire house fell on us. I couldn't get out," said driver Jean-Pierre Jean-Donald, 27, who had been married for only a year.

"People came to lift the rubble, and then we saw my wife who had died in the same spot," Jean-Donald said, his young daughter by his side, crying "Mommy."

In the town of Anse-d`Hainault, seven people died of cholera, a disease that did not exist in Haiti until U.N. peace keepers introduced it after a 2010 earthquake that killed some 200,000 people.

Another 17 cholera cases were reported in Chardonnieres on the south coast.

"Due to massive flooding and its impact on water and sanitation infrastructure, cholera cases are expected to surge after Hurricane Matthew and through the normal rainy season until the start of 2017," the Pan American Health Organization (PAHO) said in a statement.

With cellphone networks down and roads flooded, aid has been slow to reach hard-hit areas in Haiti. Food was scarce, and at least seven people died of cholera, likely because of flood water mixing with sewage.

The Mesa Verde, a U.S. Navy amphibious transport dock ship, was heading for Haiti to support relief efforts. The ship has heavy-lift helicopters, bulldozers, fresh water delivery vehicles and two surgical operating rooms.

Matthew sideswiped Florida's coast with winds of up to 120 mph (195 kph) but did not make landfall in the state. The U.S. National Hurricane Center (NHC) downgraded the storm to a Category 2 on the five-step Saffir-Simpson scale of hurricane intensity as its sustained winds dropped to 110 mph. Category 5 is the strongest.

There were at least four storm-related deaths in Florida but no immediate reports of significant damage in cities and towns where the storm swamped streets, toppled trees and knocked out power to more than 1 million people.

Two people were killed by falling trees, according to Florida officials, and an elderly couple died of carbon monoxide poisoning from a generator while sheltering from the storm inside a garage.

Hurricane warnings late on Friday extended up the Atlantic coast from northeast Florida through Georgia and South Carolina and into North Carolina.

In Daytona Beach, the street under the city`s famed "World`s Most Famous Beach" sign was clogged with debris washed up by the ocean. The waves had receded by early afternoon, but there was damage throughout the city, including a facade ripped off the front of a seaside hotel.

Robert Walker, a 51-year-old mechanic, weathered the worst of the storm in his seaside Daytona Beach apartment where high-powered winds peeled back the roof.

"It sounded like a jet plane coming over. I was scared," said Walker, as he stood in front of the battered remains of the two-story building.

At 10 p.m. EDT (0200 GMT Saturday) Matthew's eye or center was about 90 miles (140 km) east-southeast of Savannah, Georgia and moving northward at 12 miles (19 km) per hour, the NHC said.

After passing near or over the coast of Georgia it was on a track that would put it near or over South Carolina on Saturday. Though gradually weakening, it was forecast to remain a hurricane until it begins moving away from the U.S. Southeast on Sunday, the NHC said.

Craig Fugate, director of the Federal Emergency Management Agency, said he was concerned that relatively light damage so far could give people up the coast a false sense of security.

"People should not be looking at the damages they're seeing and saying this storm is not that bad," Fugate told NBC.

"The real danger still is storm surge, particularly in northern Florida and southern Georgia. These are very vulnerable areas. They`ve never seen this kind of damage potential since the late 1800s," Fugate said.

In St. Augustine just south of Jacksonville, Florida, about half of the 14,000 residents refused to heed evacuation orders despite warnings of an 8-foot (2.4-meter) storm surge that could sink entire neighborhoods, Mayor Nancy Shaver said in a telephone interview from the area's emergency operations center.

Television images later showed water surging through streets in the historic downtown area of St. Augustine, the oldest U.S. city and a major tourist attraction.

"There's that whole inability to suspend disbelief that I think really affects people in a time like this," Shaver said.

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News Network
July 9,2020

Washington, Jul 9: The United States recorded 55,000 new coronavirus cases in 24 hours on Wednesday (Thursday in Malaysia), a tally by Johns Hopkins University showed, bringing its total to 3,046,351 recorded infections since the pandemic began.

The country, the hardest-hit in the world, had earlier on Wednesday passed the grim milestone of three million infections. The actual number is likely far higher due to issues over getting tested in March and April.

The US also added an additional 833 virus deaths, bringing the death toll to 132,195, the Baltimore-based institution showed at 8.30pm (0030 GMT Thursday).

US President Donald Trump regularly downplays the numbers, attributing them to an increase in testing capacity during the month of June.

Coronavirus cases are surging in several southern hotspots including Texas, Florida, Louisiana and Arizona, but the pandemic has almost entirely receded from its former epicentre in New York and the north-east.

Several states have been forced to suspend their reopening processes or even reverse course, with some ordering bars to close again.

On Wednesday morning, Trump called on schools throughout the country to reopen in the fall, lashing out at his own top health agency to ease health and safety requirements aimed at slowing the spread of the virus, such as social distancing.

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News Network
April 21,2020

New York, Apr 21: Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders don't want to get stuck owning crude with nowhere to store it.

Stocks were also slipping on Wall Street in afternoon trading, with the S&P 500 down 0.9%, but the market's most dramatic action was by far in oil, where benchmark U.S. crude for May delivery plummeted to negative $3.70 per barrel, as of 2:15 pm. Eastern time.

Much of the drop into negative territory was chalked up to technical reasons — the May delivery contract is close to expiring so it was seeing less trading volume, which can exacerbate swings. But prices for deliveries even further into the future, which were seeing larger trading volumes, also plunged.

Demand for oil has collapsed so much due to the coronavirus pandemic that facilities for storing crude are nearly full.

Tanks could hit their limits within three weeks, according to Chris Midgley, head of analytics at S&P Global Platts.

Benchmark U.S. crude oil for June delivery, which shows a more ”normal” price, fell 14.8% to $21.32 per barrel, as factories and automobiles around the world remain idled. Big oil producers have announced cutbacks in production in hopes of better balancing supplies with demand, but many analysts say it's not enough.

“Basically, bears are out for blood,” analyst Naeem Aslam of Avatrade said in a report. “The steep fall in the price is because of the lack of sufficient demand and lack of storage place given the fact that the production cut has failed to address the supply glut.”

Halliburton swung between gains and sharp losses, even though it reported stronger results for the first three months of 2020 than analysts expected. The oilfield engineering company said that the pandemic has created so much turmoil in the industry that it “cannot reasonably estimate” how long the hit will last. It expects a further decline in revenue and profitability for the rest of 2020, particularly in North America.

Brent crude, the international standard, was down $1.78 to $26.30 per barrel. .

In the stock market, the mild drops ate into some of the big gains made since late March, driven lately by investors looking ahead to parts of the economy possibly reopening as infections level off in hard-hit areas.

Pessimists have called the rally overdone, pointing to the severe economic pain sweeping the world and continued uncertainty about how long it will last.

The Dow Jones Industrial Average was down 364 points, or 1.5%, to 23,887. The Nasdaq was down 0.1%..

More gains from companies that are winners in the new stay-at-home economy helped limit the market's losses Amazon rose 1.4%, and Netflix jumped 3.8% as people shut in at home buy staples and look to fill their time. Clorox likewise rose toward a new record and was up 1% as households and businesses that remain open look to stay clean.

In Tokyo the Nikkei 225 fell 1.1% after Japan reported that its exports fell nearly 12% in March from a year earlier as the pandemic hammered demand in its two biggest markets, the U.S. and China.

The Hang Seng index in Hong Kong lost 0.2%, and South Korea's Kospi fell 0.8%.

European markets were modestly higher The German DAX was up 0.5%, the French CAC 40 was up 0.7% and the FTSE 100 in London gained 0.7%.

In a sign of continued caution in the market, Treasury yields remained extremely low. The yield on the 10-year Treasury slipped to 0.64% from 0.65% late Friday. It started the year near 1.90%. Bond yields drop when their prices rise, and investors tend to buy Treasurys when they're worried about the economy.

Stocks have been on a generally upward swing recently, and the S&P 500 just closed out its first back-to-back weekly gain since the market began selling off in February. Promises of massive aid for the economy and markets by the Federal Reserve and U.S. government ignited the rally, which sent the S&P 500 up as much as 28.5% since a low on March 23.

More recently, countries around the world have tentatively eased up on business-shutdown restrictions put in place to slow the spread of the virus.

But health experts warn the pandemic is far from over and new flareups could ignite if governments rush to allow ”normal” life to return prematurely.

The S&P 500 remains about 15% below its record high in February as millions more U.S. workers file for unemployment every week amid the shutdowns.

Many analysts also warn that a significant part of the recent recovery in stocks is due to the expectation among some investors that the economy will rebound sharply once economic quarantines are lifted. They're essentially predicting that a line chart of the economy will ultimately resemble the letter “V,” with a wild ride down but then a quick pivot to a vigorous recovery.

That may be to optimistic. “We caution that a U-shaped recovery is also quite likely,” where the economy bottoms out and stays at that low level for a while before recovering, strategists at Barclays warned in a recent report.

Without strong testing programs for COVID-19, businesses likely won't feel comfortable bringing back their full workforces for a while.

”With risk assets now overbought, the chance for a correction has increased,” Morgan Stanley strategists wrote in a report.

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April 26,2020

Islamabad, Apr 26: Pakistan Prime Minister Imran Khan has been trumped by the country's powerful military yet again, this time over his government's inadequate steps and its poor response in curbing the coronavirus outbreak in the country, even as cases soared over 12,500.

In his address to the nation on March 22, Khan explained the reasons for not imposing a countrywide lockdown, asserting that millions would lose their jobs and affect families, who are below the poverty line, struggling to find enough food to eat. However, less than 24 hours later, Pakistan Army spokesperson Major General Babar Iftikhar announced the implementation of lockdown in the country having a population of over 200 million, contradicting the statements made by Imran Khan.

As lockdown was imposed, the military has deployed troops across Pakistan and is orchestrating the COVID-19 response through the National Core Committee, a body set up to coordinate policy between the national and provincial governments.

"The government left a big gap in its handling of the coronavirus. The army has tried to fill that gap, there was no choice," an unnamed retired general was quoted by Financial Times as saying.

The virus crisis in Pakistan has once again made things crystal clear about who is calling the shots -- the military, widely believed to bring Imran Khan to power in 2018.

The armymen have taken over the COVID-19 crisis as an opportunity to prove their competency in contrast to Imran Khan, who was mocked after urging youth to come forward and join Corona Relief Tigers Force, a volunteer body to wage "jihad" against the virus.

According to analysts, the military's seizure of the coronavirus response marks yet another policy failure for Imran Khan in the eyes of the generals, as per the Financial Times report.

The 67-year-old cricketer-turned-politician has repeatedly failed to gain international traction over the Kashmir issue and has struggled to convince the Financial Action Task Force (FATF) in getting his country removed from 'grey list' for terror funding.

In times of emergency, one has to take clear decisions and take them through. You can't dither. The whole world is advising strong lockdown. If the prime minister does not show that he is decisive, somebody else will," said Nafisa Shah, a Member of Parliament from the opposition Pakistan Peoples Party (PPP).

Even after the lockdown was imposed, Imran Khan continued to question the need for its implementation, raising eyebrows over the country's response in tackling the virus, as cases continue to rise. This comes even as such drastic measures are in place in many countries across the world, including neighbouring India.

According to The Dawn, the country has 12,657 confirmed cases of COVID-19, which includes 2,755 recoveries and 265 deaths. Punjab has the highest number of cases -- 5,326 --, followed by 4,232 in Sindh.

However, experts suggest that the actual numbers could be more given the low testing rates and inadequate supply of testing kits.

Doctors and nurses across the country have staged protests over the lack of personal protective equipment, as increasing numbers of health workers contract COVID-19.

"Because of the lack of resources, there is chaos among the doctors and healthcare workers. They know people are dying, they know the severity of the illness and they have to work without PPE," Shoaib Hasan Tarar, a doctor working in Rawalpindi, was quoted as saying.

As the coronavirus crisis continues to ravage Pakistan, the country's overwhelming health infrastructure has put a toll on its already floundering economy. The IMF said that the GDP will shrink 1.5 per cent in 2020. The cash-strapped nation is set to be the first major emerging economy to apply to a G-20 initiative to request debt repayment relief, according to Financial Times.

In early March, Pakistan saw a surge in coronavirus cases, when infected pilgrims and workers crossed the border from Qom, a religious city in Iran, which is a hotspot.

Pakistan's limited resources were exposed when quarantined pilgrims agitated against unhealthy conditions at Taftan camp on Pakistan-Iran border, where five people were living in a tent with no access to toilets.

While the lockdown is in place, authorities have been confronted by hardline clerics who have defied social distancing terms and downplayed the threat of the virus. During Friday prayers every week, worshippers violate the restrictions by gathering at various mosques.

Last week, Islamabad inked an agreement allowing mosques to stay open for Ramzan. It stipulated that people should follow 20 rules, including maintaining a six feet distance from each other.

"There is little consistency in terms of how the lockdown is being approached. Coronavirus has shown the disconnect between the national government, regional governments and the military. Imran Khan has been left behind as the cheerleader for keeping Pakistan's morale high. I think people are starting to ask, 'How long is he going to last?'", said Sajjan Gohel, South Asia expert and guest teacher at the London School of Economics.

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