Another Big Quake in Japan

April 7th, 2011
in econ_news

japan-quake-7.1-aftershock Econintersect:  Technically this was an aftershock from the massive March 11 earthquake, but what an aftershock.  The magnitude 7.1 (Richter scale) tremor was much larger than the magnitude 6.7 1994 Northeridge, California earthquake and also larger than the October, 1989 Loma Pieta event (known as the World Series earthquake) that cause so much damage in the San Fransisco Bay area (magnitude 6.9).  The quake was originally reported as a 7.4 event and later downgraded to 7.1.

Follow up:

There have been no damage reports yet, particularly from the disabled nuclear plants.  There was a tsunami of about one meter, but the tsunami warning for a tsunami of 1-2 meters has been lifted.  There are no personal injury, missing persons or fatality reports yet more than two hours after the quake hit.

Stock markets around the world fell immediately after news of the quake broke, but have been partially recovering since.  In New York the Dow Jones Industrial Average fell 100 points as the news broke but two hours later had recovered more than 75% of the decline.

Sources:  MSNBCGEI News and USGS    









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved