Thursday, April 14, 2011
Japan Disaster Affects The World's Economy
The huge disaster that happened in Japan is making a bad impact on the country, and all on the world. Japan stock markets decreased more than 5 percent today as the country is trying to rebuild. The concerns about nuclear safety is also in the mind of the nation. The first day of work since the quake hit Japan the central Bank had to work a lot harder to keep the economy on track. Japan's bank announced a record of $183.8 billion into money markets in an attempt to keep the country’s financial system stable and its trading system functioning. In my opinion the world is really affected because Japan is not a little country but they are world’s third-largest economy and when they are affected by something like a disaster not only they are affected but the world is.
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