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Citigroup estimates damage at 91 billion Japan

Tōkyō : Japan | Mar 17, 2011 at 8:21 AM PDT

By nabeela2001

2 0

At least six fires have been reported in Tokyo following a massive quake shook Japan

TOKYO - The damage caused by the earthquake in Japan last week up to 10 trillion yen (91.4 billion), or 2 percent of gross domestic product (GDP) of the country. That the U.S. bank Citigroup has figured in a published report.

The economic impact of the disaster, according to the bankers more than the Kobe earthquake in 1995. Citigroup does provide that the Japanese economy and equity markets, which went down hard in recent days, a speedy recovery.The impact of the earthquake on the global economy remains limited according to the bank.

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Citigroup estimates damage at 91 billion Japan

The damage caused by the earthquake in Japan last week up to 10 trillion yen (91.4 billion)

nabeela2001 is based in Karāchi, Sind, Pakistan, and is a Stringer for Allvoices.

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The damage caused by the earthquake in Japan last week up to 10 trillion ...
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At least six fires have been reported in Tokyo following a massive quake ...