Hurricanes Harvey, Irma to Cause $250 Billion Worth of Damage (Podcast)

Published September 11th, 2017 - 12:43 GMT
A report predicts that the two hurricanes will cause nearly $250 billion worth of damage. (AFP/ File)
A report predicts that the two hurricanes will cause nearly $250 billion worth of damage. (AFP/ File)

JP Morgan predicts that the two hurricanes will cause nearly $250 billion worth of damage.

With Hurricane Irma making landfall on Florida, mere weeks after Hurricane Harvey devastated Texas, the Gulf News team looks at the economic impact of these natural disasters, and whether or not they will rattle the bulletproof stock markets.

Also on today’s episode, the team looks at what to expect from the Apple launch on Tuesday, and what might be included in the company’s new iPhone.

Following the hack of Equifax over the weekend, millions have had their data stolen, so the team looks at the ramifications of this breach, and what companies can do to safeguard against such attacks.

Finally, the Gulf News team talks about Cityscape Global, the large local property event taking place in Dubai this week, and previews what to expect from the exhibition.

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