Sunday, January 23, 2011

Austraillia: Flooding costs to be enormous

The flooding has affected over 3.1 million people throughout Australia and is stated as the nations most detrimental natural disaster in the last 50 years compared. Its too soon to determine the total cost that the flooding has caused but Australia will for sure be in massive debt since the loss of their coal exports will be shut down for numerous months; maybe even years. Also effected by the flooding is the great barrier reef. The commonwealth government on Queensland has stated they will invest billions of dollars to get its self back on its feet.

John McWard

www.cnn.com/2011/WORLD/asiapcf/01/23/australia.floods/index.html

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