AUD 10 million and a team of 20 emergency response officers immediately. Australia is donating 8 million to American Red Cross.
India has offered to contribute USD 5 million to the United States Red Cross for relief and rehabilitation of the victims. They have also offered to donate medicines and large water purification systems for use in households and small communities in the stricken areas, where potable water is a key concern. [22] India has sent tarps, blankets and hygiene kits.
DEFINITION:
International response to the Hurricane Katrina disaster.
Australian investors are expected to wipe millions off the value of insurance companies when the market reopens today, but analysts say losses for insurers could be less than$5 billion. Insurance AustraliaGroup Ltd., Australasia
Leading industry chambers, Confederation of IndianIndustry and Federation of Indian Chamber of Commerce and Industry on Tuesday said the loss caused by Tsunami disaster was limited to shipping, tourism and marine products export sectors but refused to guess the quantum of economic damage at this point of time. However, based on feedback from its affiliated chambers in Chennai, Cochin, Karnataka and Andhra Pradesh, Assocham said that infrastructure worth more than Rs 3,000 crore (Rs 20 billion) was destroyed by the wall of waves but the manufacturing sector remained leargely unaffected. ($1=Rs43.00 approx)
DEFINITION:
The tsunami that has devastated parts of Asia and killed more than 28,400 has affected companies, economies and markets across the globe.
Here is a snapshot of some of the financial effects of the disaster (as of Saturday, Jan 22nd, 2005 - 06:30 PM GMT).
Funds pledged by the governments of developed countries for tsunami relief (as of September 30th 2005). The World Bank has pledged $250 million and the European Union $44 million. There have been significant amounts coming in from the UN and other aid agencies like IMF, UNDP, UNESCO, Red Cross, etc. which are not mentioned here. Private donations and collections from media campaigns are also high in many European countries, but have not been included here.
Funds pledged by the governments of developed countries for tsunami relief (as of September 30th 2005). The World Bank has pledged $250 million and the European Union $44 million. There have been significant amounts coming in from the UN and other aid agencies like IMF, UNDP, UNESCO, Red Cross, etc. which are not mentioned here. Private donations and collections from media campaigns are also high in many European countries, but have not been included here. Per $ GDP figures expressed per 1,000 $ gross domestic product.
The government has raised its offer of aid to $815 million over a five-year period. Half of this sum is in bilateral loans. Prime Minister, John Howard has been sceptical about supporting the debt relief initiative being pushed by other wealthy countries. Donations from the Australian public total $88m. About 350 military staff, four military helicopters, a troop transport ship, a militaryhealth support team and a water purification plant are being sent to Indonesia, as well as a team of volunteer medical professionals.
The Indianmilitary is staging its biggest relief operation ever in Sri Lanka, the Maldives and Indonesia. This involves at least 16,000 troops, 32 navy ships, 41 aircraft including at least 16 helicopters, several medical teams and a mobile hospital. The air force has so far lifted 10,000 tonnes of relief supplies.
DEFINITION:
Countries around the globe have stepped forward with pledges of cash and assistance to the victims of the southern Asian earthquake and tsunami disaster.
The following is a list of contributions pledged by countries, (as of Saturday, Jan 22nd, 2005 - 06:30 PM GMT) compiled from reports by Reuters bureaux and United Nations agencies.
There are packages coming from international Aid agencies like the IMF, The Red Cross, UNEP, UNICEF and WHO.
This is a chart of the total aid coming in from the following countries. It includes the funds pledged by the respective governments and the amounts collected by NGOs and the public (as of Saturday, Jan 22nd, 2005 - 06:30 PM GMT). Aid" is an ambiguous term that may cover a wide variety of methods, such as 'soft' loans or 'tied aid', where the money has to be spent buying goods ands services from the donating country. The numbers below also represent only the pledged contributions. Arguably, only funds that are actually transferred should be counted. For example, after the Bam earthquake in December 2003, the Iraniangovernment received only USD 17.5 million of the USD one billion that was promised.
This is a chart of the total aid coming in from the following countries. It includes the funds pledged by the respective governments and the amounts collected by NGOs and the public (as of Saturday, Jan 22nd, 2005 - 06:30 PM GMT). Aid" is an ambiguous term that may cover a wide variety of methods, such as 'soft' loans or 'tied aid', where the money has to be spent buying goods ands services from the donating country. The numbers below also represent only the pledged contributions. Arguably, only funds that are actually transferred should be counted. For example, after the Bam earthquake in December 2003, the Iraniangovernment received only USD 17.5 million of the USD one billion that was promised. Per $ GDP figures expressed per $1 billion of Gross Domestic Product.
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