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US facing economic ‘hurricane’ – JPMorgan

The boss of Wall Street giant JPMorgan Chase, Jamie Dimon, has warned investors that the US is facing an economic “hurricane” as the latest challenges posed by the Fed’s tightening monetary policy and the Ukraine-related crisis are unprecedented. “That hurricane is right out there down the road coming our way,” …

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Levees rebuilt 17 years after Hurricane Katrina wrecked New Orleans

The US Army Corps of Engineers has finally finished rebuilding the system of levees, floodgates, and other protections surrounding the city of New Orleans. Stronger and more extensive than the structures it replaced, the flood-prevention system is the “largest civil works project in the Corps’ history,” Louisiana Governor John Bel Edwards announced …

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Power outages in Louisiana to last A MONTH after Hurricane Ida

Making landfall in Louisiana as a Category 4 hurricane on Sunday, Ida brought howling 150mph winds, lashing rain, and up to 16 feet of water surging onto the Gulf Coast and up into New Orleans and beyond.  The city’s protective levees, upgraded following the catastrophic losses suffered during Hurricane Katrina …

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