Christchurch, the second biggest city of New Zealand, is struck by a strong earthquake on Tuesday. Deadly earthquake hit Christchurch for the second time in five months. The 6.3 magnitude earthquake hit Christchurch; previous to it, a quake hit in September that was the largest in 80 years. The quack occurred at a very populated time, a time when people were going about their business, people at work, and children at school.
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Buildings were shaken and fallen down by earthquake. People were trapped under rubble and sparking fires. Many people were wounded and some were dead. Bodies being pulled out from rubble and strewn around the city centre, as shown by local TV. However, it was not clear whether any of them were alive. After the 6.3 magnitude quake struck, multiple fatalities were reported by police.
According to a report, falling buildings had crushed two buses. Fires burning in the city were also reported. The airport was closed and Christchurch Hospital was vacated. Power and telephone lines were anesthetized, and pipes explode, the streets were flooding with water. Some cars that apparently parked on the road were buried under rubble. After the quack, Christchurch Mayor Bob Parker was found injured in the city council building. Reports of serious injuries have been heard by Bob Parker.
After an earthquake struck Christchurch, New Zealand dollar fallen for the first time in five days. Dollar of New Zealand is fallen 1.3 percent to 62.68 yen from 12:36 p.m. in Sydney, since 23rd November, this is the largest slide, after earlier reaching 63.76, the strongest since 10th February. It declined to 75.54 U.S. cents from 76.38 cents on 21 February 2011 in New York.
To make space for quake fatalities, major hospitals up and down the country was ordered by authorities. However, there was no utterance on how many might have been killed or were trapped under collapsed buildings. As per reports, there was shortage of ambulances. City councilor Barry Corbett, who was on one of the top floors of the city council building when the quake struck said, “When the shaking had stopped I looked out of the window, which gives a great view onto Christchurch, and there was just dust,” and “It was evident straight away that a lot of buildings had gone.”
Jonathan Cavenagh, a currency strategist in Singapore at Westpac Banking Corp, Australia’s second-largest lender said, “The risk is that we see the market price out tightening from the Reserve Bank in October, and that probably drags the New Zealand down,” and “The earthquake has caught the market in a risk-averse mood anyway with the yen strengthening and oil prices rising on tensions in the Middle East.”