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The economies destroyed by natural disasters ► FINCHANNEL

While all these disasters cost billions of dollars, caused mass destruction and significantly impacted the countries they hit, we discovered that some cost more in terms of a nation’s Gross Domestic Product (GDP) than others. Using the disaster cost as a percentage of a country’s GDP, Compare the Market determined just how significant the event was on that country’s economy by looking at the top countries on the list. At a glance – How countries cope after a natural disaster researchers take an in-depth look at the three disasters on our list where the disaster cost had the greatest impactWhile all these disasters cost billions of dollars, caused mass destruction and significantly impacted the countries they hit, we discovered that some cost more in terms of a nation’s Gross Domestic Product (GDP) than others. Using the disaster cost as a percentage of a country’s GDP, Compare the Market determined just how significant the event ► The FINANCIAL WORLD

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Last chance saloon for an ambitious arena

Last chance saloon for an ambitious arena
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Decreasing new stadium capacity is a betrayal of Canterbury

Decreasing new stadium capacity is a betrayal of Canterbury
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Ten years on, the earthquake still casts its shadow over Christchurch's past, present and future

When the deadly second earthquake struck Christchurch ten years ago today, among the many things toppled by natural forces were statues of the city's founding father John Robert Godley, colonial politician William Rolleston and imperial hero Robert Falcon Scott.

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Ten years on, earthquake casts shadow over Christchurch's past, present and future


Ten years on, earthquake casts shadow over Christchurch's past, present and future
SunSunday 21
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MonMonday 22
FebFebruary 2021 at 1:36am
On the 10th anniversary of Christchurch's deadly earthquake, how far has the city come and what challenges remain?
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When the deadly second earthquake struck Christchurch 10 years ago today, among the many things toppled by natural forces were statues of the city's founding father John Robert Godley, colonial politician William Rolleston and imperial hero Robert Falcon Scott.
Far worse things happened, of course, but this break with the past came to feel powerfully symbolic.
My 2016 book Christchurch Ruptures was in large part about the risks of our thinking being trapped in the past and attempting to put things back as they were. Might letting these statues go allow the city to leave behind the colonial attitudes and practices they represented?

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Ten years after Christchurch's devastating quake 'anchor projects' yet to be completed


The Cashel Mall in Christchurch in 2020.
Photo: 123RF
Christchurch property investor Antony Gough said the anchor projects slowed the rebuild.
"The government didn't deliver on the timelines that they had put down - they had the anchor projects which were meant to be the lead pieces to help everyone get going," he said.
"But they stuttered in the ground and as I call it, wonder why they're called anchor, [because] they're stuck in the ground going nowhere or going very slow."
Former Christchurch Central Business Association chief executive Peter Townsend said the recovery plan's timelines were too ambitious but that provided momentum.

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Ten years on, the earthquake still casts its shadow over Christchurch's past, present and future

Ten years on, the earthquake still casts its shadow over Christchurch's past, present and future
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