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U.S. President Joe Biden is set to visit Florida on Sunday to assess the aftermath of Hurricane Milton, the second storm to hit the state in recent weeks. The devastation caused by Milton, which resulted in at least 17 deaths, has compounded the damage from Hurricane Helene, leaving many areas without electricity and fuel.
The Biden administration has approved federal aid to assist residents and local governments with recovery efforts. The President will arrive in Tampa and conduct an aerial tour of the affected areas en route to St. Petersburg, where he will receive briefings from federal, state, and local officials. He will also meet with first responders and residents before delivering public remarks.
With flood waters still rising, more fuel distribution sites are expected to open on Sunday. The National Weather Service predicts ongoing flooding in the Tampa Bay and Sanford areas, emphasizing the impact of climate change on stronger hurricanes and the resilience of infrastructure.
Governor Ron DeSantis has expressed reluctance to prevent rebuilding in vulnerable areas, despite the estimated insured losses of $30 billion to $60 billion from Hurricane Milton. The back-to-back storms have raised questions about the state’s preparedness for future natural disasters.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.
