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Viewsroom: Harvey’s path of financial destruction

7 September 2017 By Antony Currie, Jennifer Saba

Texas is facing $180 bln in hurricane cleanup costs, the most of any U.S. natural disaster. The Lone Star State has the wherewithal and chutzpah to cover a large chunk, yet expects Washington to pick up most of the tab. Global water risks, meanwhile, may require $12 trln to fix.

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