(EnergyAsia, February 8 2011, Tuesday) — Australia’s Queensland state said it has suffered damages worth more than A$5 billion from the recent two months of the country’s worst flooding in over a century. (US$1=A$0.99). The disaster will force Queensland to revise its budget and tone down its economic forecast, with Premier Anna Bligh announcing the…
AUSTRALIA: Queensland estimates losses from floods at more than A$5 billion
Posted on February 7, 2011 by EnergyAsia