Japan counts the cost of record quake

While the human toll continues to grow, analysts predict that the mega earthquake and tsunami will not cause a slump in Japan’s economy.

A half-built ship smashed into houses in Kamaishi

Nick Ferguson

March 14, 2011

Japan’s central bankers will convene an emergency meeting today to discuss measures to calm financial markets after a magnitude-9.0 earthquake struck off its northeast coastline at 2.46pm on Friday.

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