The Caribbean has a super-hurricane problem

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The damage to western Jamaica was catastrophic, and preliminary damage estimates are in the multiple billions of dollars, representing a significant fraction of Jamaica’s $20 billion GDP. Property intelligence company Cotality estimates total damage in Jamaica will rise to $2-$5 billion, about 10-25% of the country’s GDP. Other estimates are higher. Kishan Khoday, resident representative for the U.N. Development Program, told journalists that initial estimates of damage were up to 30% of GDP, “a figure that’s expected to rise.”

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