Mar 23, 2011

Japan government earlier today announced that, the earthquake and Tsunami had cost Japan around $310 billion dollars making it world's costliest natural disaster. The loss estimates covers houses, buildings factories and other infrastructures. These losses eclipses that of hurricane Katrina 2005. The loss estimate is likely to shoot up. The recent quake has not only crippled Japan's economy but also raised serious concerns of Nuclear safety.

Nevertheless, Japan is not alone in the fight for survival. The donations from the world are pouring into Japan in the form of money and other goods.Moving from the economic disaster caused, the earthquake and tsunami has also cost many lives!

See the affects of Japan earthquake!