Indonesia: Strong earthquake hits off coast of Flores island

A strong earthquake with a magnitude of 7.7 struck off the coast of Indonesia's Flores island, resulting in at least two deaths and damage to several buildings. The earthquake was followed by numerous aftershocks, which can cause ongoing disruption and anxiety in the affected area. The economic impact of this disaster is likely to be significant, particularly for local businesses and infrastructure, and may also affect the country's overall economic growth.

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The earthquake in Indonesia has caused damage and loss of life. However, the impact on the financial markets is still unclear and may be limited.

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