NY official says Sandy damage could exceed $18bn November 2, 2012 - 22:24 AMT PanARMENIAN.Net - New York's state comptroller says the cost of superstorm Sandy could exceed $18 billion in New York alone, according to The Associated Press. Comptroller Thomas DiNapoli pegged the toll at $15 billion to $18 billion in public and private sectorlosses based on past storms, but that total could easily grow. DiNapoli, a Long Island native, said Friday, Nov 2, the state is also losing untold dollars in taxes at a time when revenue is already running nearly $500 million under projections. The state budget due in April had been projected to show a $1 billion deficit before Sandy hit. Gov. Andrew Cuomo and legislative leaders announced Friday they'll approval a $100 million fund to help Sandy victims rebuild.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months  The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan.Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem."Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan.Armenian army holding strategic command, staff drills Live firing will be carried out using automatic control systems and modern equipment. |
