Friday, January 7, 2011

The impact of North-East flooding on coal exports

With all the news coverage of the flooding in Queensland tending to look editorially at the "human tragedy" created by the situation, it's easy to forget that an event of this magnitude casn have far reaching impacts on the Australian economy and on those of it's trade partners.

This is something that hasn't been lost on overseas commentators. This short video-blog report from STRATFOR (time 2:47) puts the effect of the floods on the country's coal exports in a regional and global contex.

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