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| Brisbane, Australia |
The news wires were full of reports over the last two weeks of horrendous flooding across Sri Lanka, Brazil and Australia. All three nations have suffered greatly at the hands of our increasingly tumultuous weather conditions.
The Australian treasurer has stated the the floods in his country will be the biggest National Disaster in the State's history, in economic terms. The waters inundated the country's third largest city Brisbane and 45 other townships across four states have been effected. So far the death toll has reached 22, however, this has expected to rise in heavily battered Queensland. The floods are expected to cut 1% off of the rate of economic growth equal to $6bn according to the central bank. The Greens, the smaller partner in Julia Gillard's minority Government have agreed somewht controversially that it should be the oil companies who should pay for the costs, as they have been blamed for causing the global warming which the Australian Government states has directly caused the floods.
