Hurricane Katrina: devastation in New Orleans.(Round-Up)

Hurricane Katrina hit the US Gulf Coast of Mexico about 0700 on Monday, August 29 with enormous destructive force.

More than 1000 people have been confirmed dead so far and that number is expected to go up significantly. Katrina will most likely be the costliest hurricane, if not the costliest natural disaster, that has ever hit the United States. Damage estimates range from US$10 to 25 billion, whereas others have speculated that you can consider damages and economic consequences of up to US $100 billion as realistic predictions.

At least 1.3 million households were without power. Tens of thousands of houses and businesses are destroyed or severely damaged. Many transportation routes, including streets, waterways, and airports are not functioning or damaged. …

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