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Russia: Floods hit Altai Territory, damage estimated at $40 million

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Flood threat remains high in Barnaul in the Altai Territory, Russia, ITAR-TASS reported.

Sixteen settlements have been flooded, reports ITAR-TASS. The floods have destroyed 27 bridges and damaged 19 electro-transmission line supports.

Authorities estimate damage at $40 million. Russia was hit by seven major floods during the past 20 years, with damage amounting to $2.2 billion.

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