Asia quake increases poverty risk
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Two million Asians face falling into poverty as a result of the Indian Ocean tsunami, the Asian Development Bank says.
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The huge scale of the Asian quake disaster is making it difficult to assess the economic impact, the World Bank says.
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A huge earthquake has hit southern Asia, setting off a tsunami that has drowned hundreds in Sri Lanka and India, sent Indonesians rushing to high ground and washed
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The death toll from the earthquake and tsunami that rocked the region around the Indian Ocean last week may be driven much higher by disease, American health experts say.
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The devastating earthquake and tsunamis that hit Asian countries will deal a fresh blow to the tourism industry there but aren't expected to produce crippling economic problems in the region or in the United States, economists said.
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JAKARTA, Indonesia  - A powerful earthquake rocked large parts of Southeast Asia on Sunday. The quake caused dozens of small buildings to collapse and triggered tidal waves in northwestern Indonesia, witnesses and officials said.
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After a huge earthquake struck Pakistan and India a year ago, one of the biggest fears was for the more than 3 million newly homeless facing the onset of the Himalayan winter.
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A fifth year of powerful economic growth in East Asia and the Pacific has driven the number of people living in poverty in the region to its lowest level ever, but the World Bank warned Tuesday that oil prices could dampen the boom next year.
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More than 12,300 people were killed and  tens of thousands left homeless after a powerful undersea  earthquake unleashed giant tsunami waves that crashed into the  coasts of south and southeast Asia.
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The damage caused by the waves which swept coastlines in South Asia following a seabed earthquake is likely to exceed 10 billion euros(13 billion USD), an insurance expert said.
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International relief efforts  picked up on Tuesday for survivors of the earthquake that  killed more than 5,700 people on Indonesia&#039;s Java island, but  many victims complained that vital aid was not reaching them.
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WASHINGTON -- Countries large and small mobilized yesterday in the aftermath of the earthquake and tsunamis that spread devastation across South and Southeast Asia, but international officials said the millions of dollars in short-term assistance pledged so far fall way short of the billions needed to address one of the worst natural disasters in memory.
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High economic growth helped Asia reduce poverty greatly in the past decade but the increasingly unfair distribution of income could hamper future improvement, the Asian Development Bank (ADB) warned.
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WASHINGTON -- The US Agency for International Development is adding $20 million to an initial $15 million contribution for Asian earthquake relief as Secretary of State Colin L. Powell bristled at a United Nations official's suggestion the United States has been "stingy."
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One of the most powerful earthquakes in  a century hit Asia on Sunday, unleashing tsunami waves on  coastal areas of Sri Lanka, India, Indonesia and Thailand, and  killing an estimated 11,300 people.
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The major obstacles to creating an early-warning system that could have saved many victims of Asia's massive tsunami are not money and technology, but poverty and political and cultural division besetting the region it hit, experts and officials said on Monday.
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The world&#39;s biggest earthquake in 40 years hit south Asia Sunday, unleashing a tsunami that crashed into Sri Lanka and India and swamped tourist isles in Thailand