EARTHQUAKE

An office building burns in Tokyo after an earthquake March 11, 2011. A massive 8.9 magnitude quake hit northeast Japan on Friday, causing many injuries, fires and a four-metre (13-ft) tsunami along parts of the country's coastline, NHK television and wit

Will Japan hike taxes to fund reconstruction?

The economic impact of the quake-tsunami that pulverized the Japanese economy will largely depend on who ultimately pays for the massive reconstruction efforts, according to an analyst.

BoJ Statement on Further Monetary Easing (Full Text)

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The Bank of Japan (BOJ) said on Monday it will increase the size of the asset purchase program from five trillion yen to 10 trillion yen and promised to inject additional liquidity into the financial system battered by the triple whammy of a disastrous earthquake, a tsunami and an unfolding nuclear crisis.
Bank of Japan (BOJ) Governor Masaaki Shirakawa speaks during a news conference at the BOJ headquarters in Tokyo February 15, 2011.

BoJ raises size of asset purchase program; yen falls

The Bank of Japan (BOJ) said on Monday it will increase the size of the asset purchase program from five trillion yen to 10 trillion yen and promised to inject additional liquidity into the financial system battered by the triple whammy of a disastrous earthquake, a tsunami and an unfolding nuclear crisis.
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Official in protective gear talks to a woman who is from the evacuation area near the Fukushima Daini nuclear plant in Koriyama

Critics question Japan’s nuclear safety policy

The massive earthquake in the Japan and the vulnerability of its nuclear energy sector has raised serious questions about the nation’s preparedness for such a catastrophe and its basic nuclear policy.
NASA Satellite Image Sendai March 12, 2011

NASA Satellite Images Show Extent of Sendai Tsunami Flooding

NASA's Earth Observatory team has published enhanced satellite images comparing before and after shots of the northeastern Japanese city of Sendai after a massive 8.9 magnitude earthquake and tsunami struck the coast, pointing out areas hit by flooding.
Caretakers carry a woman who is evacuated from a nursing home, which is located in the evacuation area near the Fukushima Daini nuclear plant, at a temporary shelter in Koriyama

TEPCO warns of massive blackouts; urges conservation

The Tokyo Electric Power Co. (TEPCO) has warned of massive blackouts across Japan, even affecting areas far removed from the direct impact of the earthquake, given that its power facilities were damaged by the quake.
Officials in protective gear stand next to people who are from the evacuation area near the Fukushima Daini nuclear plant, in Koriyama

Japanese engineers race to prevent nuclear meltdown

The explosion at a nuclear plant in northern Japan following yesterday’s cataclysmic earthquake was caused by a failed pumping system and not by any damage to the reactor, according to Japan’s Chief Cabinet Secretary Yukio Edano
Evacuees sit through an earthquake at a temporary shelter at a stadium in Koriyama

Death toll from Japan quake rising

The death toll from Japan’s devastating earthquake could rise to more than 1,300, as the country continues to dig out survivors trapped beneath rubble and concrete
Explosion heard at Japan's nuclear plant

Breaking News: Explosion heard at Japan's nuclear plant

An explosion was heard at the quake-hit nuclear plant of Japan on Saturday, soon after speculations of melt-down were made following the failure of the cooling system of the plant due to Friday's powerful earthquake and tsunami.
Bomb blast

Massive Tsunami in Japan Sweeps Away Cars, Planes and Homes (Photos)

A massive 8.9 earthquake struck Japan on Friday triggering a reportedly 33-feet high (10 meters) tsunami that swept away cars, planes, homes and even some smaller buildings along the country's northeastern coast.A tsunami warning was issued for the entire Pacific basin, except initially, for the U.S. and Canada.

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