Global News published this video item, entitled “How do hurricanes impact supply chains, households hard in aftermath of storms?” – below is their description.
From Hurricane Fiona to Hurricane Ian, Atlantic Canada and parts of the eastern U.S. have been devastated at potentially historic proportions.
Even for those spared a direct hit, the ripple effect on supply chains may still be felt.
Consumer impacts include higher food prices and extreme price spikes at the pumps, off-setting some of the relief car owners have seen in recent weeks.
The one-two punch of Fiona and Ian has already impacted key Florida crops, such as citrus.
Canada is a country in the northern part of North America. It extends from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres (3.85 million square miles), making it the world’s second-largest country by total area.
Its southern and western border with the United States, stretching 8,891 kilometres (5,525 mi), is the world’s longest bi-national land border. Canada’s capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver.
Various Indigenous peoples inhabited what is now Canada for thousands of years before European colonization. The Canada Act 1982, which severed the vestiges of legal dependence on the British Parliament. Canada is a parliamentary democracy and a constitutional monarchy in the Westminster tradition, with a monarch and a prime minister who serves as the chair of the Cabinet and head of government.
As a highly developed country, Canada has the seventeenth-highest nominal per-capita income globally as well as the thirteenth-highest ranking in the Human Development Index. Its advanced economy is the tenth-largest in the world, relying chiefly upon its abundant natural resources and well-developed international trade networks.
Florida is the southeasternmost U.S. state, with the Atlantic on one side and the Gulf of Mexico on the other. It has hundreds of miles of beaches. The city of Miami is known for its Latin-American cultural influences and notable arts scene, as well as its nightlife, especially in upscale South Beach. Orlando is famed for theme parks, including Walt Disney World.
Hurricane Ian made landfall in Florida on 28 September 2022, as the storm was approaching a category 5 storm – it was category 4 on making landfall, and afterwards reduced to category 3. The storm surges in the South-Western coastal regions of Florida, USA, where landfall was first made have broken records, making it one of the most powerful hurricanes ever recorded in the region.
Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. The ledger employs the native cryptocurrency known as XRP.
