BREAKING NEWS

Dichter: Earthquake could cost Israel NIS 150b.

By NADAV SHEMER

OCTOBER 25, 2012 13:57

An earthquake or tsunami could cost Israel NIS 100 billion to NIS 150b., Home Front Defense Minister Avi Dichter said Thursday.

Speaking at a meeting of economic officials convened as part of a five-day earthquake preparedness drill, Dichter said he was referring to a possible scenario in which thousands of Israeli would be killed.

The IDF Home Front Command kicked off its first national earthquake drill on Sunday at 11 a.m. The command, together with all emergency services and government ministries, simulated a major earthquake causing 7,000 “casualties.”

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