Australia 01 (May 08 - Jan 11)

[winston]

Dear All,

I have moved the discussions on Mr. Manohan Singh into the "India" thread.

Take care,
Winston

[winston]

How the Australian Floods Impact the Global Commodity Markets

As I write, Brisbane, Australia’s third-largest city, is enduring the most devastating floods since 1974.

Overall, the flooding in the state of Queensland covers an area of 350,000 square miles – larger than France and Germany combined.

The ETF that represents the Australian stock market – the iShares MSCI Australia Index (NYSE: EWA) – has responded by falling 4% so far this year.

But there’s another huge problem, both for Australia and other countries around the world…

http://www.thetradingreport.com/2011/01 ... y-markets/

[LenaHuat]

The River Yarra has burst its banks and Melbourne floods Good luck to those who own houses in Brisbane and Melbourne.

[kennynah]

人算不如天算

[tonylim]

The River Yarra has burst its banks and Melbourne floods Good luck to those who own houses in Brisbane and Melbourne.

Tried to search the present flood situation in Melbourne but to no avail. Hope some friends here can help to update, many thanks.

[LenaHuat]

Hi Tony
Read this about northern Melbourne:-
http://www.smh.com.au/environment/weather/holiday-towns-cut-off-and-farmers-stranded-20110114-19r9b.html

[iam802]

Spoke to a friend in Melbourne on this..and here's his reply

Nope. Floods are in regional areas. Melbourne not affected yet.

[LenaHuat]

Hi iam802
It depends :-
http://www.theage.com.au/environment/weather/yarra-bursts-banks-as-floods-hit-melbourne-20110114-19qks.html

[tonylim]

Hi Tony
Read this about northern Melbourne:-
http://www.smh.com.au/environment/weather/holiday-towns-cut-off-and-farmers-stranded-20110114-19r9b.html

Thanks Lena, looked more serious than thought.

[LenaHuat]

The floods (apparently the ones in Melbourne were flash floods) are really intimidating and scary.