Tags: AS | Japan | Earthquake | Economy

Report: Cost of Japan's Disasters up to $300 Bln

Tuesday, 22 Mar 2011 11:41 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

TOKYO (AP) — The economic newspaper Nihon Keizai Shimbun says the government estimates the economic toll from Japan's earthquake and tsunami could exceed $300 billion.

The newspaper said Economy Minister Kaoru Yosano will present the estimate of 15 trillion yen to 25 trillion yen ($185 billion to $300 billion) at a Cabinet meeting on Wednesday.

The March 11 magnitude-9.0 quake and tsunami devastated Japan's northeastern coast and triggered a crisis at a nuclear power plant.

Utilities have imposed power rationing, many factories remain closed and key rail lines are impassable.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

US Targets Al Shabab Leader in Somalia Airstrikes

Tuesday, 02 Sep 2014 05:31 AM

U.S. military forces attacked the extremist al-Shabab network in Somalia Monday, the Pentagon said, and a witness descri . . .

Sen. Mark Udall: 'I Absolutely Stand By' Call for CIA's Brennan to Resign

Monday, 01 Sep 2014 21:58 PM

Central Intelligence Agency Director John Brennan may have avoided losing his job over charges that the CIA spied on Sen . . .

US Forces Carry Out Operation Against Al-Shabaab in Somalia

Monday, 01 Sep 2014 20:44 PM

U.S. military forces carried out an operation on Monday against al Shabaab militants in Somalia, a U.S. Department of De . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved