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Residents urged to ‘get ready’ as disaster program launches (Queensland Government)

THE Minister for Community Recovery and Resilience David Crisafulli has urged all Queenslanders to start preparing now ahead of the disaster season. Mr Crisafulli, responding to a question without notice during question time in State Parliament on Tuesday said everyone needed to get behind the Get Ready program which was launched this week. “I know we all live busy lives, but a few minutes now can save a lot of heartache in the future,” he said. “It is too late to look at an evacuation plan when water is licking at your floorboards. “It is too late when fire is touching your roof. “Now is the time to make those decisions and think clearly when you have the opportunity to make those assessments. “Mr Crisafulli said people needed to take responsibility now to avoid emergency services being overburdened during a disaster…

 

The deadliest natural disasters in the Philippines

MANILA, Philippines — A deadly earthquake in the central Philippines on Tuesday highlighted the Southeast Asian archipelago’s vulnerability to natural disasters. The Philippines is located along a typhoon belt and the so-called Ring of Fire, a vast Pacific Ocean region where many of Earth’s earthquakes and volcanic eruptions occur. The following are the 10 deadliest natural disasters on record in the Philippines, based on government or United Nations figures:..

 

India’s post-cylone response: What’s next?

Disaster preparedness efforts didn’t go unrewarded in India, which over the weekend endured one of the strongest cyclones in its history. Many lives were saved, with the death toll standing in the low 20s. That’s the “good” news. The bad news: Cyclone Phailin affected almost 9 million people and left some $394 million worth of material damage in its wake…

 

Disaster risk reduction isn’t all about money

It is the same old story. ‘Natural’ disasters causing fatalities and widespread damage. Last month, Mexico was hit by two low-intensity category 1 storms (with winds of 74-95 mph). The result? Extensive losses across the southern state of Guerrero, where Hurricane Manuel brought heavy rains, extreme flooding and landslides, in which 72 people lost their lives and 56 municipalities were declared a disaster area. The storms and landslides wreaked havoc on Acapulco, the capital of Guerrero, destroying the homes and livelihoods of some of Mexico’s poorest families. Much of the loss of life and damage could have been avoided…

 

Upward Price Stickiness in Natural Disasters

Alberto Cavallo, Eduardo Cavallo, and Roberto Rigobon have an interesting paper that looks at the 2010 earthquake in Chile and the 2011 tsunami in Japan and finds that in both cases disasters led to widespread shortages of many kinds of goods but did not lead to higher prices. In fact, “prices were stable for months, even for goods that were experiencing severe shortages.” Their research in Chile specifically suggests that firms feared sharp market-clearing price increases would lead to “customer anger” and thus departed in their strategies from what basic supply and demand economics would suggest…

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This entry was posted on 18/10/2013 by in NEWS and tagged , , .

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