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Hurricane poses $15bn threat to Florida

Hurricane Matthew is barrelling towards Florida - and potential losses have been forecast as high as $15 billion. ||| Boston - Hurricane Matthew has thousands fleeing the US Southeast where it’s expected to batter the coastline and threaten electricity supplies to more than 1 million people in Florida. Potential losses are seen as high as $15 billion. Matthew is pounding parts of the central Bahamas with maximum sustained winds at 185km/h and is expected to intensify as it approaches Florida, the US National Hurricane Centre said in a 2am New York time advisory.
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