Hurricane Dorian is the strongest storm ever to hit the Bahamas, and the country will struggle to get its tourism-based economy back on track for quite some time.
Dorian has been moving slowly over the islands. The storm made landfall Sunday over the Abacos Islands as a Category 5 with maximum sustained winds of 140 mph. It has slightly weakened to a Category 2 storm. At least five people have died as a result of the storm.The damage to the Bahamanian economy might be mitigated by the path of the storm, which is currently crawling over the northern Bahamas.
Newton said it's too early to estimate how much money the damage will cost. A recent UBS report estimates that Dorian will cost between $15 billion and $25 billion in damage, including the United States, once it's over.Newton expects the Abacos and Grand Bahama Island will be"offline for awhile." Some smaller hotels could be open before the high season begins in December, but it's going to take"one or two seasons" before it's back to normal.
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