Officials said Friday, 100 people were killed by landslides in the mountains of the northern Philippines, as a lingering storm and excess water from dams turned a portion of one province into "one big river," officials said Friday.
The latest calamity brought the death toll to more than 400 from the Philippines' worst flooding in 40 years after back-to-back storms started pounding the country's north Sept. 26.
About 100 people were feared dead in landslides in two provinces — Benguet and Mountain Province — along the Cordillera mountain range, about 125 miles (200 kilometers) north of Manila, said Olive Luces, regional Office of Civil Defense director.
Landslides blocked the roads to the mountain city of Baguio in the heart of the Cordillera region and exact figures were hard to get.
"We are still accounting, but all in all our estimate is there were about 100 dead in the four major landslides," Luces said. "Retrieval operations are ongoing," The Associated Press reports.
In the Pangasinan town of Villasis, floodwaters had covered the town in ankle-deep water by Thursday afternoon, prompting thousands of residents to seek higher ground or evacuate, said Lolit Santos, a resident, by telephone.
In the meantime, about half a trillion pesos (10.7 billion dollars) in loans are at risk from defaults due to two tropical storms that ravaged the Philippines, Dow Jones Newswires quoted a central bank official as saying Friday.
The figure quoted by Nestor Espenilla, the central bank deputy governor for supervision and examination, is equivalent to nearly a quarter of the Philippines banking systems' loan portfolio, the report said.
Tropical Storm Ketsana killed 337 people as floods swamped 80 percent of Manila on September 26, while Typhoon Parma has so far killed more than 90 people and is currently devastating farming areas in the country's north, AFP reports.
World's most powerful nuclear submarines, Arkhangelsk and Severstal, are to be dismantled after 2020 - their further exploitation is unprofitable
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