Havoc as Sandy makes landfall; 13 dead, 5.7m people without power

October 30, 2012

storm_hit_new_york

New York, October 30: Superstorm Sandy slammed into the New Jersey coastline with 80 mph winds on Monday night and hurled an unprecedented 13-foot surge of seawater at New York City, flooding its tunnels, subway stations and the electrical system that powers Wall Street. At least 13 US deaths were blamed on the storm, which brought the presidential campaign to a halt a week before election day.

For New York City at least, Sandy was not the dayslong onslaught many had feared, and the wind and rain that sent water sloshing into Manhattan from three sides began dying down within hours.

Still, the power was out for hundreds of thousands of New Yorkers and an estimated 5.7 million people altogether across the East. And the full extent of the storm's damage across the region was unclear, and unlikely to be known until daybreak.

In addition, heavy rain and further flooding remain major threats over the next couple of days as the storm makes its way into Pennsylvania and up into New York State. Near midnight, the center of the storm was just outside Philadelphia, and its winds were down to 75 mph, just barely hurricane strength.

"It was nerve-racking for a while, before the storm hit. Everything was rattling," said Don Schweikert, who owns a bed-and-breakfast in Cape May, NJ, near where Sandy roared ashore. "I don't see anything wrong, but I won't see everything until morning."

As the storm closed in, it converged with a cold-weather system that turned it into a superstorm, a monstrous hybrid consisting not only of rain and high wind but snow in West Virginia and other mountainous areas inland.

It smacked the boarded-up big cities of the Northeast corridor - Washington, Baltimore, Philadelphia, New York and Boston - with stinging rain and gusts of more than 85 mph.

Just before Sandy reached land, forecasters stripped it of hurricane status, but the distinction was purely technical, based on its shape and internal temperature. It still packed hurricane-force wind, and forecasters were careful to say it was still dangerous to the tens of millions in its path.

Sandy made landfall at 8pm near Atlantic City, which was already mostly under water and saw an old, 50-foot piece of its world-famous Boardwalk washed away earlier in the day.

Authorities reported a record surge 13-feet high at the Battery at the southern tip of Manhattan, from the storm and high tide combined.

In an attempt to lessen damage from saltwater to the subway system and the electrical network beneath the city's financial district, New York City's main utility cut power to about 6,500 customers in lower Manhattan. But a far wider swath of the city was hit with blackouts caused by flooding and transformer explosions.

The city's transit agency said water surged into two major commuter tunnels, the Queens Midtown and the Brooklyn-Battery, and it cut power to some subway tunnels in lower Manhattan after water flowed into the stations and onto the tracks.

The subway system was shut down on Sunday night, and the stock markets never opened on Monday and are likely to be closed on Tuesday as well.

The surge hit New York City hours after a construction crane atop a luxury high-rise collapsed in the wind and dangled precariously 74 floors above the street. Forecasters said the wind at the top the building may have been close to 95 mph.

As the storm drew near, airlines canceled more than 12,000 flights, disrupting the plans of travelers all over the world.

Storm damage was projected at $10 billion to $20 billion, meaning it could prove to be one of the costliest natural disasters in US history.

Thirteen deaths were reported in New Jersey, New York, West Virginia, Pennsylvania and Connecticut. Some of the victims were killed by falling trees. At least one death was blamed on the storm in Canada.

President Barack Obama and Republican challenger Mitt Romney canceled their campaign appearances at the very height of the race, with just over a week to go before election day. The president pledged the government's help and made a direct plea from the White House to those in the storm's path.

"When they tell you to evacuate, you need to evacuate," he said. "Don't delay, don't pause, don't question the instructions that are being given, because this is a powerful storm."

Sandy, which killed 69 people in the Caribbean before making its way up the Atlantic, began to hook left at midday toward the New Jersey coast.

New Jersey gvoernor Chris Christie said people were stranded in Atlantic City, which sits on a barrier island. He accused the mayor of allowing them to stay there. With the hurricane roaring through, Christie warned it was no longer safe for rescuers, and advised people who didn't evacuate the coast to "hunker down" until morning.

"I hope, I pray, that there won't be any loss of life because of it," he said.

While the hurricane's 90 mph winds registered as only a Category 1 on a scale of five, it packed "astoundingly low" barometric pressure, giving it terrific energy to push water inland, said Kerry Emanuel, a professor of meteorology at MIT.

And the New York metropolitan area apparently got the worst of it, because it was on the dangerous northeastern wall of the storm.

"We are looking at the highest storm surges ever recorded" in the Northeast, said Jeff Masters, meteorology director for Weather Underground, a private forecasting service. "The energy of the storm surge is off the charts, basically."

Hours before landfall, there was graphic evidence of the storm's power.

Off North Carolina, a replica of the 18th-century sailing ship HMS Bounty that was built for the 1962 Marlon Brando movie "Mutiny on the Bounty" went down in the storm, and 14 crew members were rescued by helicopter from rubber lifeboats bobbing in 18-foot seas. Another crew member was found hours later but was unresponsive. The captain was missing.

At Cape May, water sloshed over the seawall, and it punched through dunes in other seaside communities.

"When I think about how much water is already in the streets, and how much more is going to come with high tide tonight, this is going to be devastating," said Bob McDevitt, president of the main Atlantic City casino workers union. "I think this is going to be a really bad situation tonight."

In Maryland, at least 100 feet of a fishing pier at the beach resort of Ocean City was destroyed.

At least half a million people along the East Coast had been ordered to evacuate, including 375,000 from low-lying parts of New York City.

Sheila Gladden left her home in Philadelphia's flood-prone Eastwick neighborhood, which took on 5 1/2 feet of water during Hurricane Floyd in 1999, and headed for a hotel.

"I'm not going through this again," she said.

Those who stayed behind had few ways to get out.


Not only was the New York subway shut down, but the Holland Tunnel connecting New York to New Jersey was closed, as was a tunnel between Brooklyn and Manhattan. The Brooklyn Bridge, the George Washington Bridge, the Verrazano-Narrows Bridge and several other spans were closed because of high winds.

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Agencies
June 16,2020

India continues to remain ranked 43rd on an annual World Competitiveness Index compiled by Institute for Management Development (IMD) with some traditional weaknesses like poor infrastructure and insufficient education investment keeping its ranking low, the international business school said on Tuesday.

Singapore has retained its top position on the 63-nation list.

Denmark has moved up to the second position (from 8th last year), Switzerland has gained one place to rank 3rd, the Netherlands has retained its 4th place and Hong Kong has slipped to the fifth place (from 2nd in 2019).

The US has moved down to 10th place (from 3rd last year), while China has also slipped from 14th to 20th place. Among the BRICS nations, India is ranked second after China, followed by Russia (50th), Brazil (56th) and South Africa (59th).

India was ranked 41st on the IMD World Competitiveness Ranking, being produced by the business school based in Switzerland and Singapore every year since 1989, but had slipped to 45th in 2017 before improving to 44th in 2018 and then to 43rd in 2019.

While its overall position has remained unchanged in the 2020 list, it has recorded improvements in areas like long-term employment growth, current account balance, high-tech exports, foreign currency reserves, public expenditure on education, political stability and overall productivity, the IMD said.

However, it has moved down in areas like exchange rate stability, real GDP growth, competition legislation and taxes.

Arturo Bris, Head of Competitiveness Center at IMD Business School, said India continues to struggle on the list and the recent country rating downgrade by Moody’s reflects the uncertainties regarding the economy’s future.

"In our ranking this year, we again emphasize the traditional weaknesses of India -- poor infrastructure, an important deficit in education investment, and a health system that does not reach everybody. For India to follow the path of China, it must stress its intangible infrastructure," Bris said.

"In a less global world, with China, USA, and Europe looking inwards, currencies like the rupee (and the Brazilian real for instance) are going to suffer and display high volatilities.

"Moody’s has threatened the country with a downgrade to junk and that would put India in a terrible position to attract foreign capital. So the urgency for the government should be to fix the short-term problems—and this requires to improve the credibility of the government itself," Bris added.

With the exception of Singapore, the Philippines, Taiwan and the Korean Republic, most Asian economies dropped in rankings this year, the IMD said.

The reason for the Asian economies’ less stellar performance as a region, this year is partly the result of the trade frictions between China and the US, particularly because these economies are highly dependent on trade with China.

About Singapore, which moved to the top rank last year, the IMD said its position is largely driven by the relative ease of setting up business, availability of skilled labour and its cutting-edge technological infrastructure.

The IMD said the impact of COVID-19 on the competitiveness ranking has partially been captured by executives’ opinions about the effectiveness of the different health systems.

In the ASEAN countries included in the survey, only Singapore and Thailand have a positive performance in the effectiveness of the health infrastructure.

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Agencies
March 1,2020

Washington, Mar 1: Beginning April 1, Indians wishing to immigrate to America will now have to pay an additional $50,000 for the EB-5 or the US investor visa, a media report said.

Although, this additional tax would impact all visa categories, it will predominantly create a barrier for people investing in the EB-5 visa programme, the American Bazaar daily said in the report on Friday.

In 2019, the EB-5 investor visa programme, for the first time since the 1990's, increased the minimum investment amount to $900,000.

With this increase in minimum investment, the new 5 per cent additional tax would mean that applicants would have to pay the extra $50,000, when they move money to an escrow account in the US to fulfil their application criterion.

"The changes to the tax on remittances is a reminder to Indians to carefully plan their tax position before making the move to the US," the American Bazaar quoted Mark Davies, Global Chairman, Davies & Associates LLC, as saying.

"People seeking to emigrate who do not wish to pay this tax at source and rather account for it later may wish to move their money ahead of the new rules coming into effect.

"It is possible to pre-emptively move money into an escrow account in the US until such a time as they are ready to proceed with emigration process," he added.

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News Network
May 13,2020

Islamabad, May 13 : The number of confirmed COVID-19 cases in Pakistan rose to 34,370 on Wednesday after new infections were confirmed in the country.

As per province-wise breakup of the total tally cited by Radio Pakistan, so far 13,225 cases have been registered in Punjab, 12,610 in Sindh, 5,021 in Khyber Pakhtunkhwa, 2,158 in Balochistan, 759 in Islamabad, 475 in Gilgit Baltistan and 88 in Pakistan-occupied Kashmir.

As many as 2,255 cases positive were confirmed, while 31 deaths reported during the last 24 hours.

At least 737 patients have died so far while 8,812 stand recovered, the media reported further.

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