The earthquake crippled the Japanese economy and caused damage to structures, roads and railways. Adding to the cost is the fact that the number of Japanese businesses and homeowners with earthquake insurance was as low as 14 per cent. Due to the scale of this combined disaster, we estimate damage costs of $150 billion (12 trillion yen). World. To make matters worse, Japan's nuclear industry was shattered. Before the earthquake, Japan relied heavily on its nuclear industry, however all of Japan's 50 nuclear reactors were closed after the disaster. That made it worse than the 1995 Great Hanshin earthquake near Kobe, which cost about $100 billion and resulted in over 6,000 lives lost. COMPARISONS AT A GLANCE: Death Toll: More people died in the Japan ese earthquake - 6929 more. The 2010 Haiti earthquake that killed more than 100,000 people had a magnitude of 7.0 (much less than Saturday's Japan quake) but it was very … The 9.0 magnitude earthquake shook northeastern Japan and triggered a large tsunami which caused further damage. The direct costs of the Fukushima disaster will be about $15 billion in clean-up over the next 20 years and over $60 billion in refugee compensation. 2, 2015) – A powerful earthquake struck off the coast of Japan on 30 May 2015 at around 2030 hrs (local time). An earthquake with a magnitude of 6.1 has been detected off the coast of Japan. On June 17 another strong earthquake impacted Osaka Japan, resulting in insured losses of at least $935 million. The March 11, 2011, earthquake off the coast of Japan caused a tsunami with catastrophic impacts. The earthquake crippled the Japanese economy and caused damage to structures, roads and railways. Fortunately, the earthquake did not cause any major damage. The Gorkha 2015 earthquake is very unique and destroyed many houses and infrastructures.
The damage due to buildings and infrastructure in the March 2011 earthquake, tsunami, and resulting fires and explosions is estimated over $180 billion or 3 percent of Japan's annual economic output. To gain valuable lessons from this tragic event, an earthquake damage investigation team was dispatched to Nepal from 1 May 2015 to 7 May 2015. Initial U.S. Geological Survey calculations estimated the damage from the Nepal earthquake could cost between $100 million and $10 billion. Nepal Says Earthquake Rebuilding Cost to Exceed $10 Billion Unni Krishnan and Kartikay Mehrotra April 28, 2015, 4:37 AM EDT Updated on April 28, 2015, 8:40 AM EDT The residents were evacuated to … The US Geological Survey said that the earthquake struck about 175 … Strong earthquake strikes off Japan Magnitude 7.8 quake strikes off the east coast, swaying buildings in Tokyo, but with no reports of damage. Injured: In the Nepal quake, it seems that many, many more people were injured rather than killed - an incredible 17295 more. 11 of Japan's 50 nuclear reactors were immediately closed after the disaster, reducing the country's electricity generation by 40%. On 30 May 2015, a powerful earthquake struck west of Japan’s remote Ogasawara (Bonin) island chain, which lies more than 800 kilometers south of Tokyo. The initial estimates of the economic damage caused by the April 25 earthquake in Nepal are in—and the numbers are staggering.
Earthquake measuring 8.5 magnitude shakes most of Japan This article is more than 5 years old No reports of deaths or major damage after strong … The 9.0 magnitude earthquake shook northeastern Japan and triggered a large tsunami which caused further damage. It destroyed 46,027 buildings and cost an estimated $360 billion in economic damage, making it the world's costliest natural disaster. AsianScientist (Jun. The 2015 Gorkha Nepal earthquake caused tremendous damage and loss. The magnitude-7.8 earthquake’s epicenter was 543 miles (874 kilometers) south of Tokyo at a depth of 421 miles (677 km), according to the US Geological Survey. For example, the 2004 Indian Ocean earthquake and tsunami, with a death toll of over 230,000 people, cost a 'mere' $15 billion, whereas in the Deepwater Horizon oil spill, in which 11 people died, the damages were six-fold. The earthquake crippled the Japanese economy and caused damage to structures, roads and railways. The costliest earthquake to strike the world cost about $235 billion along with more than 15,800 lives. The amount of economic damage caused by these large earthquakes varies significantly, from about $2 million to more than $232 billion (in 2015 dollars). 12 Mar 11 A unique aspect of the earthquake damage investigation is that first-hand earthquake damage data were obtained 6–11 days after the mainshock. The cost of Japan's earthquake Jump to media player Mark Gregory reports on the potential cost of the cost of Japan's devastating earthquake and tsunami, which has claimed hundreds of lives. In the United States, a magnitude 7.0 tremor struck near Anchorage, Alaska on November 30. losses totaled … Shindake's last major eruption in May 2015 had temporarily displaced the island's entire population of about 150. 30 May 2015 16:09 GMT Stranded passengers at the JR Urawa Station in Urawa, north of Tokyo, on Saturday, May 30, 2015, after a 7.8 magnitude earthquake stopped and delayed some train services.
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