Australia floods cause 'catastrophic' damage


Coal Mine: ROCKHAMPTON, Australia -- Australia's record floods are causing catastrophic damage to infrastructure in the state of Queensland and have forced 75 percent of its Coal Mines, which fuel Asia's steel mills, to grind to a halt, Queensland's premier said on Wednesday.

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The worst Flooding in decades has affected an area the size of Germany and France, leaving towns virtual islands in a muddy inland sea, devastated crops, cut major rail and road links to coal ports, slashed exports and forced up world...

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