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Baal-tamar · Site Admin Joined: 01 Jan 1970 Posts: 19642

WELLINGTON (Reuters) - A state of emergency after a 7.1 magnitude earthquake is keeping much of New Zealand's second-biggest city shut on Monday but financial markets have mostly shrugged off the quake as the long-term economic impact is seen limited. Many businesses in the South Island city of Christchurch remain closed as a state of emergency was extended until Wednesday after the country's most damaging earthquake in 80 years tore up roads, smashed water and sewer pipes, and severely damaged
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