Earthquake, Japan Earthquake Rebuilding | featured news

(Image from article: "Japan quake reconstruction may cost up to $184 billion")

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Japan quake reconstruction may cost up to $184 billion

Japanese Economics Minister Kaoru Yosano said on Sunday the government may need to spend 10 trillion yen to 15 trillion yen ($184 billion) for reconstruction from the devastating earthquake that hit the country's northeast in March.

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Japan Debt Outlook Cut to 'Negative' by S&P on Reconstruction

Japan’s sovereign-rating outlook was cut to “negative” by Standard & Poor’s as the nation’s reconstruction needs following last month’s earthquake will likely add to what’s already the world’s biggest debt load.

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