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Business Matters: Hurricane Florence and Typhoon Mangkhut Make Landfall

Hurricane Florence and Typhoon Mangkhut Make Landfall

15/09/2018 GMT

BBC World Service - Business Matters, Hurricane Florence and Typhoon Mangkhut Make Landfall

Super Typhoon Mangkhut has hit the Philippines, with winds of over 200 km/h.

Super Typhoon Mangkhut has hit the Philippines, making landfall in the north east, with winds of over 200 km/h.

Hurricane Florence may have been downgraded to a tropical storm - but she's still doing a lot of damage in the Carolinas. The BBC's Paul Blake, in Morehead City, says the storm was "pretty terrifying".

Super Typhoon Mangkhut has hit the Philippines, making landfall at Baggao in the north east, with winds of over 200 km/h. More than 4m people are directly in the path of the storm and thousands have been evacuated.

Even as Tropical Storm Florence batters the Carolinas, the legacy of Hurricane Maria is still, it seems, not settled. US President Donald Trump has queried the officials statistics of the dead in Puerto Rico - more than 3,000 people - without providing any counter evidence. What's not contested is the heroic role played by a chef with a mission. Kai Ryssdal, the host of Marketplace on American Public Media in Los Angeles, gives us the story.

What's been the impact of investment bank Lehman Brothers' bankruptcy, ten years on? Liana Brinded of Yahoo Finance UK, and Yalman Onaran of Bloomberg assess the long-term implications of the bank's failure.

Peter Ryan, ABC's Senior Business Correspondent, in Sydney, joins BBC's Fergus Nicoll in London.

(Picture: Volunteers from all over North Carolina help rescue residents and their pets from their flooded homes during Hurricane Florence September 14, 2018 in New Bern, North Carolina. Credit: Getty Images)

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