Floods take toll on Australia economy

New York Times: Churning floodwaters continued to rise across a vast stretch of northeastern Australia on Tuesday as the authorities worked to grapple with the multibillion-dollar economic toll from record inundations that have killed at least nine people. Rain predicted for Wednesday is expected to worsen flooding that has struck the state of Queensland, said Jimmy Stuart, a senior hydrologist at the state branch of the Bureau of Meteorology. At least 200,000 people have been affected since heavy rains and floods......

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