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Sri Lanka floods expected to cost at least $1.5 billion

2016-05-23 12:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The cost of Sri Lanka's landslides and floods will be between $1.5 billion and $2 billion at the minimum, the government said on Monday, as the Indian Ocean island struggles to recover from its worst natural disaster since the 2004 Asia tsunami. The official death toll has risen to 92 but 109 people are feared to have been buried in landslides. Days of torrential rain forced more than 350,000 people from their homes, though many were returning on Monday. Finance Minister Ravi Karunanayake...

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