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The wobbles that saved Florida US$150b in storm damage

Floodwaters in Jacksonville, Florida after Hurricane Irma struck the city. The most recent estimate for Irma stands at US$49.5 billion in contrast to Hurricane Katrina's US$160 billion.


TWENTY miles (32 km) may have made a US$150 billion difference.

Estimates for the damage Hurricane Irma would inflict on Florida kept mounting as it made its devastating sweep across the Caribbean. It was poised to be the costliest US storm on record. Then something called...

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