10/07/2024  Caribbean braces for economic punch after season's deadly first hurricane


Leaders across the Caribbean were still tallying the financial toll wrought by the earliest Atlantic storm on record to intensify to the maximum Category 5 level, after it left a trail of destruction on Jamaica and islands of the eastern Caribbean.

"There is no doubt this disaster will have a major impact on Grenada's economic situation," Prime Minister Dickon Mitchell told a briefing on Tuesday. "We are talking hundreds of millions of dollars in losses and hundreds of millions of dollars to rebuild."