Home Business News Puerto Rico hit with 5.5 magnitude earthquake

Puerto Rico hit with 5.5 magnitude earthquake

by LLB Reporter
2nd May 20 5:16 pm

On Saturday Puerto Rico was struck with a 5.5 magnitude earthquake, According to the United States Geological Survey (USGS).

The USGS also said that several other areas within the Caribbean were hit with earthquakes, but there have been no tsunami warnings.

Tsunami.gov states, “An earthquake with a preliminary magnitude of 4.5 occurred in the vicinity of Puerto Rico at 732 am AST on Saturday, May 2 2020.

“Based on all available data there is no tsunami threat to Puerto Rico the US Virgin Islands or the British Virgin Islands from this earthquake.

“People may have experienced shaking from the earthquake.”

Puerto Rico is under orange alert from the USGS and there is an increased risk of economic losses due to the fatalities.

They claim that there is a 37% chance the damages could amount to more than $1bn, and said there is significant damage which is, “potentially widespread.”

The USGS said, “Significant damage is likely and the disaster is potentially widespread.

“Estimated economic losses are less than 1% of GDP of Puerto Rico.

“Past events with this alert level have required a regional or national level response.”

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