New Zealand: Economy slips into recession, as impact of cyclones takes toll firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.
(Reuters) - Parts of cyclone-stricken New Zealand could see heavy rains from Thursday as relief and recovery efforts continue and tens of thousands remain without power after Cyclone Gabrielle tore across the country's North Island last week.
WELLINGTON New Zealand warned on Monday (Feb 20) the final cost of the devastating Cyclone Gabrielle, which has left at least 11 people dead, could rise above NZ$13.5 billion (S$11.2 billion) as authorities announced emergency funding to help in the recovery efforts. The cyclone hit the North Island's northernmost region on Feb 12 and tracked down the east coast,.
The Fiji TimesNZ says cyclone damage could exceed $8 billion, announces emergency funding fijitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fijitimes.com Daily Mail and Mail on Sunday newspapers.