Australian Economy to Be Affected by Flood

The flooding in Australia seems to be getting more dangerous:

* Gov’t forecasts 20pct of Australia’s quarterly coal exports lost to floods

* Around 7 pct of cotton plantings also lost

* Cockatoo, Aquila make headway at coal mines leave force majeure in place (Wraps ABARES data, Rio Tinto, Aquila)

By James Regan

SYDNEY, Jan 21 (Reuters) – Australia’s devastating floods, which shut mines and damaged rail lines, could cut coal exports by around 15 million tonnes, or 20 percent this quarter, even as collieries show signs of recovery, the government’s commodities forecasting agency said on Friday.

Coal ports in hardest-hit Queensland state escaped severe damage, but are still operating well under capacity as a result of lower coal receivals, Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) said.

ABARES estimates flooding due to monsoon rains that started in November could lower coal export earnings by A$2.0 – $2.5 billion ($1.97-billion-2.47 billion) during the quarter to March 31.

“Coal production at affected mines has been reduced because of a number of factors, including flooded pits and difficulties in removing the water, and a lack of access to mine sites because of flooded roads,” it said. http://www.reuters.com/article/idUSL3E7CL09V20110121

As an Anglo-descended nation, Australia is subject to the same blessings and cursings that the other Anglo-nations are also subject to.

Jesus, of course, warned about a time with such issues that Australia is facing:

8 … And there will be…troubles. These are the beginnings of sorrows. (Mark 13:8)

We may be at this prophetic point as all the floods and other problems that have happened in the past year could be considered as “troubles”.

Without national repentance, Australia, and not just the USA, is doomed.

Having been to that island-appearing nation, this seems to be a concept that few in Australia grasp. And while this particular flood of itself does not mean the end to prosperity for Australia, it should be an indication to Australians that their nation is also vulnerable to various disasters and not immune from them.

Some articles of possibly related interest may include:

Islands and Bible Prophecy What’s ahead for islands? What does the Bible prophesy about them?
Can the Great Tribulation Begin in 2010, 2011, or 2012? Can the Great Tribulation begin today? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? What is “the beginning of sorrows”? Have we begun or are we about ready for “the beginning of sorrows” to begin.
Will the Anglo-Nations be Divided? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?