Puerto Rico Board Releases Emergency Funds After Earthquake
- Earthquake’s economic impact may reach $3.1 billion: analyst
- Emergency cash approved after a 6.4-magnitude earthquake
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Puerto Rico will have access to $260 million of emergency funds to help recovery efforts after a series of earthquakes struck the island, including a 6.4-magnitude temblor early Tuesday.
The total economic impact, including disruption due to damage and also power outages, could reach $3.1 billion, according to Chuck Watson, a disaster modeler with Enki Research in Savannah, Georgia.