Thursday, April 21, 2011

JAPAN - The economic impact of the disaster is enormous

For the main newspaper of Sendai, a city near the epicenter of the earthquake of 11 March, 1 April is an opportunity to make a first assessment of the economic impact of the disaster on the region after three weeks. The amount of damage to the only prefecture of Miyagi, Sendai which is the largest city, is over 2,000 billion yen (17 billion euros).

The whole industrial and commercial suffered. Nevertheless, the daily newspaper, like most of his colleagues, refuses defeatism. In one he published a photo showing the flag on which the fish market Ofunato port city particularly hard hit during the tsunami. "The flag that floats, it is the beginning of a return to normal."

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