Foreign rescue teams join search for NZ quake survivors
Officials have abandoned hope of finding anyone alive in the collapsed Canterbury Television (CTV) building in the city center, including foreign students at a third-floor language school, with a grader moving in to clear debris.
Police warned about the possible collapse of a 26-story hotel unleashing a "domino" effect on surrounding building.
Christchurch Mayor Bob Parker said the quake-prone city now faced hard decisions on rebuilding its heart.
"We are not going to walk away from this place," Parker told New Zealand television. "We may have to level entire blocks in some places."
The Director of New Zealand’s Ministry of Civil Defense and Emergency Management, John Hamilton, has said rescue teams have a window of only two or three days to find people after Tuesday’s 6.3-magnitude earthquake.
Seventy-five people have been confirmed dead, but that toll was expected to rise with more than 300 people missing in the country’s second-biggest city. Up to 100 of those were thought to be in the CTV building, police said.
Much of the city remained without power and water, and hundreds of people queued for water supplies brought in.
It was New Zealand’s most deadly natural disaster for 80 years, and one estimate said the damage could cost $12 billion.
To avoid more deaths and curb crime, police and the military placed an overnight curfew on the central business district, with soldiers patrolling in armored personnel carriers as aftershocks rattled the unstable center.
Authorities also placed an exclusion zone around the hotel, which teetered near collapse, threatening nearby buildings.
"If the Hotel Grand Chancellor falls, and three engineers say it is a significant risk, that will be dramatic, a domino effect in the central city of other unstable buildings. It will be a major disaster," said police Superintendent Dave Cliff.
Rescue teams had to perform amputations to free some of the 120 survivors pulled from the wreckage of the tremor, which was the second strong quake to hit the historic tourist city in five months.
But there were moments of elation. A woman, Ann Bodkin, was rescued from a destroyed finance company building after a day trapped under a desk.
Cliff said as many as 100 bodies could be under the television building, while scores more could lie beneath the city’s shattered cathedral and other nearby buildings.
A national state of emergency has been declared. It is the country’s worst natural disaster since a 1931 quake in the North Island city of Napier which killed 256.
Christchurch Hospital received an influx of injured residents, with broken limbs, crush injuries and lacerations.
Thousands of people were facing a second night in emergency shelters in local schools, community halls and at a racecourse. Pope Benedict sent a message of support for survivors and rescuers from the Vatican.
"My thoughts turn especially to the people there who are being severely tested by this tragedy," he said. "I also ask you to join me in praying for all who have lost their lives."
Rescuers from the United States, Britain, Taiwan and Japan arrive in New Zealand on Thursday, with the first of 148 Australian specialists already on the streets.
ECONOMIC IMPACT
Indications of the big economic impact of the quake are starting to emerge. J.P. Morgan estimated insured losses could be $12 billion, according to a source who had seen a research note.
When asked about possible costs, Prime minister John Key told reporters: "No one’s in a position to actually assess that." He said he hoped Christchurch could still host rugby World Cup matches later this year as planned.
Key said the country could afford to rebuild Christchurch, but reinsurance risk would probably worsen.
Catastrophe modeling firm AIR Worldwide Estimates said the insurance industry faces damage claims of between NZ$5 billion ($3.5 billion) and NZ$11.5 billion ($8 billion).
Reinsurers Munich Re, Swiss Re and Hannover Re, who help insurers cover big losses, took many weeks to provide damage estimates from the September quake due to complexities of assessing structural damage to buildings.
The disaster fueled talk that the central bank might cut interest rates in coming weeks to shore up confidence in the already-fragile national economy, but the bank did not mention monetary policy on Wednesday when it commented on the quake.
Seeing the quake as a further blow to the economy, Standard Chartered bank is revising down its 2011 GDP growth forecast for New Zealand to 1.4 percent and 2.7 percent for 2012 -- from 2.0 percent and 3.0 percent respectively, because of a double-dip in the housing market, tightening budget and sluggish local demand. ($1 = 1.339 New Zealand dollars).
Incident
Two killed, one injured in car crash in Azerbaijan's Ismayilli district
Father and two children drown in reservoir in Azerbaijan's Aghdam
Magnitude 3.2 earthquake strikes Azerbaijan's Imishli
Explosion in residential house in Baku leaves one dead, four injured - UPDATED
NEWS FEED
US envoys may visit Russia by end of August, but no dates set yet
18-year-old motorcyclist dies after crash in Australia's NSW
Egypt uncovers lost Byzantine-era city in the western desert
Shehbaz Sharif: Türkiye played a key role in the signing of the Islamabad Memorandum
Russian House in Chisinau ceases operations
Türkiye and Pakistan reaffirm goal of boosting bilateral trade to $5 billion
US-Iran negotiations reportedly set to resume June 11, will include nuclear talks
Armenia's Constitutional Court upholds parliamentary election results
Two killed, one injured in car crash in Azerbaijan's Ismayilli district
Istanbul-Mineralnye Vody flight declares emergency after takeoff
Pezeshkian persuaded Iran's Supreme Leader to agree to talks with the US - NYT
Father and two children drown in reservoir in Azerbaijan's Aghdam
Turkish Vice President praises Pakistan’s mediation role between the US and Iran
Nine killed, eight injured in Ukraine road collision
Magnitude 3.2 earthquake strikes Azerbaijan's Imishli
Explosion in residential house in Baku leaves one dead, four injured - UPDATED
U.S. Embassy: We welcomed illumination of Heydar Aliyev Center in colors of American flag with gratitude
The National Interest: Iran-US war highlights Azerbaijan's strategic role in the Middle Corridor
Ukraine launches massive drone attack on Moscow, Russia says
5.5-magnitude quake hits near coast of central Chile - GFZ
ADB: Expanding Baku Metro passenger capacity could cut carbon emissions by 70,000 tons annually
Trump says US gave Iran 'a week off' for funeral of Iran' late supreme leader amid stalled talks
President Ilham Aliyev: It is gratifying that Azerbaijan–United States relations have been developing successfully and along an upward trajectory
Azerbaijan MFA congratulates US on Independnece Day
President Ilham Aliyev: Today, Azerbaijan and Armenia live in peace and are building trade relations
CMO Chairman to visit Uzbekistan
President Ilham Aliyev congratulates Donald Trump on 250th anniversary of U.S. independence
Combined Arms Army holds the next training session with reservists - VIDEO
Russian bomb attack kills at least four in Ukraine's Sumy
St. Petersburg oil terminal reportedly struck by Ukrainian drones
Russia says it destroyed 389 Ukrainian drones overnight
Azerbaijan's Azeri Light crude rises by more than $1 on global market
Oil prices rise in global markets
French mine-clearing assets remain deployed in Persian Gulf, Macron says
Zelensky urges G7 and US to stop Russian strikes on Ukraine
Brazil's Bolsonaro to remain under house arrest
France and UK ready to deploy militaries to support transit in Strait of Hormuz
Police investigate a shopping mall shooting that left 2 dead in suburban Detroit
Death toll of Venezuela earthquakes rises to 2,645
Egyptian national team has reached the 1/8 finals of the World Cup
Trump pardoned six US citizens convicted under Biden administration
Lewis Hamilton eyes British Grand Prix Sprint victory
Workers protest Mercedes-Benz cost-cutting
Merz: Germany will take on more responsibility in security matters
Hungary greenlights another cluster in Ukraine's EU accession talks
40 people injured in bus accident in Türkiye
Assistant to Azerbaijani President congratulates US on occasion of Independence Day
Remains of Bahadur Kamalov, a martyr of the First Karabakh War, were buried in Kalbajar
Netanyahu and Trump speak, agree to meet "soon" in the US, Israel says
Azerbaijan’s Speaker attends farewell ceremony for Ayatollah Seyyed Ali Khamenei in Tehran-PHOTO