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Israel: Snowstorm could cost Jerusalem up to $142.5 million

December 24, 2013 - 6:00am


A recent snowstorm that hit Jerusalem, Israel, could cost the city up to 500 million Israeli shekels ($142.5 million), Mayor Nir Barkat said.

Mr. Barkat said ILS 20 million accounts for lost income during the storm, Haaretz reported.

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