We acknowledge the significance of your online privacy and acknowledge that granting us permission to collect some personal information requires a great deal of trust. We seek this consent as it enables Distinct Post to offer a platform that amplifies the voices of the marginalized. By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Distinct PostDistinct Post
Aa
  • Home
  • Israel-Gaza Conflict
  • World
  • Entertainment
  • Style
  • Health
  • Sports
  • Business
  • Royals
Reading: Japan says deadly New Year’s Day earthquake damage cost could reach $17.6 billion
Share
Aa
Distinct PostDistinct Post
  • Home
  • Israel-Gaza Conflict
  • World
  • Entertainment
  • Style
  • Health
  • Sports
  • Business
  • Royals
Search
  • Home
  • Israel-Gaza Conflict
  • World
  • Entertainment
  • Style
  • Health
  • Sports
  • Business
  • Royals
Follow US
Distinct Post > World > Asia > Japan says deadly New Year’s Day earthquake damage cost could reach $17.6 billion
japan-says-deadly-new-years-day-earthquake-damage-cost-could-reach-17-6-billion
Asia

Japan says deadly New Year’s Day earthquake damage cost could reach $17.6 billion

Henry Ortiz Published January 26, 2024
SHARE

The cost of the damage wreaked by a huge New Year’s Day earthquake that killed at least 236 people in central Japan could reach $17.6 billion, a government official said Friday.

The magnitude-7.5 earthquake and its aftershocks devastated parts of Ishikawa prefecture on the Sea of Japan coast, toppling buildings, ripping up roads, and sparking a major fire.

Damage in Ishikawa and two neighboring regions is likely to cost between 1.1 trillion yen ($7.4 billion) and 2.6 trillion yen ($17.6 billion), according to a government estimate.

A cabinet office official confirmed the figures, which were calculated using data from past major earthquakes and reported to a government economic meeting on Thursday.

Video footage of the earthquake that occurred on New Year's Day in Japan.
The location is a food court in a shopping mall. pic.twitter.com/w1Wjp0BvFF

— kouji (@yoyonofukuoka) January 20, 2024

But even the top estimate is much less than the 16.9 trillion yen damage caused by the 2011 earthquake and tsunami in northeastern Japan.

That disaster left around 18,500 people dead or missing and triggered a meltdown at the Fukushima atomic plant, the world’s worst nuclear accident since Chernobyl.

Authorities on Thursday revealed detailed reconstruction plans for Ishikawa, where snow and badly damaged roads have complicated relief efforts in the quake’s aftermath.

They include improvements to shelters for evacuees along with subsidies for rebuilding factories and ports as well as attracting tourists to the area.

The most scariest footage of earthquake from Japan occurred on 1st January. #Kırgızistan #Earthquake pic.twitter.com/ZLd6vHACy2

— Matin Khan (@matincantweet) January 23, 2024

Japan sits on the Pacific “Ring of Fire”, an arc of intense seismic activity that stretches through Southeast Asia and across the Pacific basin.

The country is regularly hit by quakes and has strict construction regulations intended to ensure buildings can withstand strong tremors.

But many structures are older, especially in rapidly ageing communities in rural areas like those hardest hit in the New Year’s quake.

You Might Also Like

Imran Khan and Bushra Bibi Sentenced to Jail: What It Means for Pakistan?

South Korea’s Yoon Suk Yeol apologizes for imposing martial law but did not resign

Internet curbs may cost Pakistan millions of dollars daily

North Korean leader Kim Jong Un orders the ‘mass production’ of attack drones

APHC urges the world community to settle the lingering Kashmir dispute: “BJP and its puppets in IIOJK are living in fools’ paradise”

Henry Ortiz January 26, 2024 January 26, 2024
Popular News
who-are-confirmed-appointees-and-who-are-next-in-line-for-influential-roles-as-donald-trump-begins-forming-his-administration
United States

Who are confirmed appointees and who are next in line for influential roles as Donald Trump begins forming his administration

Henry Ortiz Henry Ortiz November 13, 2024
MrBeast and Justin Timberlake Explore Lavish $100 Million Mansion in Unforgettable YouTube Adventure
Lily Gladstone Makes History as First Indigenous Woman to Win at Golden Globes
Johnny Depp, Jude Law, and Colin Farrell Keep Heath Ledger’s Legacy Alive in The Imaginarium of Doctor Parnassus
How SZA Empowered Doechii to Break Free from an ‘Unsupportive’ Ex and Follow Her Musical Dreams

Categories

  • Market
  • Tech
  • Fitness
  • Food
  • Celebrity
  • Fashion
  • Beauty
  • Football
  • Cricket
  • Entertainment
    • Celebrity
    • Movies
    • Television
  • Style
    • Arts
    • Beauty
    • Fashion
  • Health
    • Fitness
    • Food
  • Sports
    • Baseball
    • Basketball
    • Cricket
    • Football
    • Olympics
  • Business
    • Market
    • Tech
Useful Links
  • About us
  • Privacy policy
  • Term Of Use

2023 © Distinct Post News & Media. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?