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Impact on Japan
Earthquake, Tsunami, Meltdown
March 11, 2011
Earthquake
The 9.0 magnitude (MW) undersea
megathrust earthquake occurred on 11
March 2011 at 14:46 JST in the northwestern Pacific Ocean at a relatively
shallow depth of 32km (19.9mi), with its
epicenter approximately 72km (45mi)
east of the Oshika Peninsula of Thoku,
Japan, lasting approximately six minutes.
Tsunami
an estimated wave height of
38.9meters (128ft) at Omoe
peninsula, Miyako city, Japan
Casualties:
Infrastractures:
Meltdown
The earthquake and resultant tsunami
were bad enough caused a radioactive
leak at the Fukushima nuclear power plant.
a raging fire spewed radioactive particles
into the jet stream for days, contaminated
the surrounding countryside
Radiation showed up in local milk and
vegetables, and briefly appeared in Tokyo's
drinking water.
Impact on Japan's
Economy
An estimated 23,600 hectares of farmland were
damaged (3%4% of Japan's rice production)
total damage to Japan's fishing industry, was
estimated at 1.26 trillion
Automakers Toyota, Nissan, Honda, Mitsubishi
and Suzuki temporarily suspended production
By March 2012, 644 companies in Japan had
been forced into bankruptcy
Sony also suspended production
Japan's Nikkei stock market index saw its
futures slide 5% in after-market trading
Governments Actions
On 14 March, the Bank of Japan,
injected 15trillion yen into the
money markets to assure financial
stability
enlarged a programme to buy
government bonds to exchangetraded funds to the tune of 10trillion
yen
200billion yen would be used to fund
the immediate recovery efforts
Support from US
Aid pledged:
USAID - $8 million
Department of Defense - $35
million