In the past week the world has been shaken by the huge earthquake hitting Japan. This was quickly followed by a titanic tsunami which has caused massive devastation beyond the effect of the initial earthquake. The quake that registered a whopping 8.9 on the rictor scale lasted for two minutes but the effects will be felt for many years.
Take some time to Compare Car Insurance to make sure you are not paying to much for your premium.
The quake initially shifted the largest buildings making them sway like they were toys, cracked roads and demolished buildings. It has since emerged that the quake was the largest that has ever hit the region which brings home the magnitude of the devastation caused.
Obviously the effects of this event will touch all Japanese people and it has led to the motoring giant Toyota suspending all of its auto production at its factories as they are unable to obtain parts for the production line. Some of the plants were forced to close as they were directly hit by the effects of the quake and tsunami.
The effects of this shut down will spread the effects of the quake globally and hit economies far and wide. Pictures released from local news agencies saw whole lots of finished new cars being swept away and destroyed. We are yet to hear the number of motors that have been destroyed.
Obviously the world is in shock by what has happened in Japan and everyone wants the country to recover in a very quick time. The global economies are also preparing for a huge relief effort to help the country start on its road to recovery. As many of the worlds items are produced in the region it is yet to be discovered how much this will hit the world economies.
Further fears have surfaced in the final days regarding the amount of radiation that the people may have been subjected to. Whilst the country has been in turmoil they have been fighting potential nuclear meltdowns at many of their reactors. Obviously suffering any meltdown would push further problems into the region and would severely affect any potential recovery.
It is thought some 170,000 residents have been evacuated from the region around the Fukushima Dai-ichi plant as cooling systems failed.
As prices for oil and goods are increasing spend some time and Compare Car Insurance Prices to reduce your outgoings