Indian Ocean 2004 Earthquake

In 2004, a 9.3 magnitude earthquake occurred as a supervene of the subduction of tectonic plates in the Indian Ocean. This earthquake was the third most grand on record, and sent tsunami waves 98 feet high rushing towards the shores of Indonesia, Sri Lanka, and Thailand. These waves devastated the coastal areas of these countries, claiming over 230,000 lives and causing untold billions of dollars in damages. It was one of the biggest humanitarian catastrophes in decades and nothing else but the biggest natural disaster in recent memory.

Unpredictable

Earthquake & Tsunami In Japan

Like many earthquakes, the Indian Ocean earthquake took the world by surprise. Even the United Nations monitoring principles designed to track tectonic movements, was unable to predict that such a grand earthquake was due to arise and, given recent trends in Japan, it is likely that mankind plainly does not possess the knowledge or technology to accurately predict when and where earthquakes will strike. Being able to predict earthquakes is an earthquake survival skill in itself, and more should be done in order to safe humanity from their disastrous effects.

Aftermath

The aftermath of the tsunamis triggered a weighty international relief effort to the affected areas. The countries that were the hardest hit are poor and did not possess the proper vehicles and infrastructure at the time to prevent unnecessary losses of life due to the effects of floods caused by the tsunami waves. The island of Aceh was the singular hardest hit area, which was the site of more than 31,000 fatalities and thousands more missing. The whole of fatalities on Aceh is disputed, however, because the government located thousands of unidentified bodies into mass graves after the waves had receded in order to avert a humanitarian emergency as a supervene of their festering and diseased flesh. Indonesia as a whole suffered over 130,000 fatalities and saw the total destruction of several towns and villages on the coastal area, development it the singular hardest-hit country.

Survival Skills

Earthquake survival skills must catalogue for more than just the earthquakes themselves. They are often most destructive when coupled with tsunamis but, as of now, there is no effective way for citizen to combat the effects of millions of tons of rushing water sweeping over land. The nations of the world need a vast reconstruction of the earthquake warning system. We plainly do not know when and where they will strike, and I feel that there needs to be as much emphasis on earthquake arresting as there is on disease prevention.

Indian Ocean 2004 Earthquake

Effects of the earthquake in Japan for the Indian economy and world

Japan has experienced an earthquake of magnitude 8.9 on 11 Taken in March. This earthquake in Japan has caused great human tragedy, killing more than 30,000 people, leaving many people injured and many others are still missing. The earthquake and tsunami has also affected nuclear power plants in Fakushima Dai-chi-power station. Due to the interruption of power, cooling can not be delivered to the nuclear reactors in the necessary amount, which increases the risk of radiation leaks. Even traces ofRadiation found in some of the food and water in Tokyo, which is 220 miles south of Fakushima.

Impact on the Japanese economy - Japan Since about 30% of its electricity from nuclear energy is plant-based power to provide electricity to much of the country affected, resulting in closure of many factories. He also severe damage to infrastructure, for which there was an interruption of supplies from many of the critical raw materials are alreadyComponents. Most car manufacturers like Toyota, Honda and Nissan have closed their plants due to lack of raw materials and supply reduction. Semiconductor manufacturers have LCD displays, batteries, etc., also shut down their plants for at least the next 2-3 weeks. Some of the largest ports in Japan from the crisis that affects both exports and imports hit industries in the country. According to one estimate, the cost of rebuilding expected to cross $ 300Billion €. Japan will be difficult to design because of its high debt to fund the already 200% of GDP. The country has experienced slow growth over the past two decades, the earthquake caused the crisis could push the Japanese economy continues a downward spiral.

Earthquake & Tsunami In Japan

Impact on the world economy - Japan is the third largest economy in the world after the United States and China. It is also the second largest buyer of U.S. funds. Japan needed the money to finance the reconstruction,could cash in U.S. Treasuries. This will force the Fed to buy these bonds, which induce a liquidity crisis in the U.S. market. Japanese companies also have many investments in international capital markets. Could lead to the withdrawal of Japanese funds to fall short in the stock prices in these markets. The other major influence on the Japanese earthquake will be the crude oil. Then it went offline are more nuclear power plants in Japan, Japan will always dependThe crude oil to meet its energy needs. Japan has many oil-fired plants and power to meet its energy needs, could buy more oil from the world market. Crude prices, which were already increasing, will see another peak accordingly. The increase in crude oil prices, the global economy in the short term. Japan is the largest producer of many products, including components for the automotive, semiconductor, LCD, etc. interruptions in the production of these important objectsbring the noise in the supply of these items on the world market. This production of high-end devices such as smartphones, iPads, LCD TV, laptops etc., and vehicle delay. So that a dent will benefit producers.

Impact on the economy of India - Indian stock market was down 0.8% on news of the earthquake in Japan. But the market rallied the next day. Killer earthquake in Japan, will likely have a limited impact on the economy of India. The most direct impactthe withdrawal of Japanese investment in Indian capital market. Japanese investment firms to withdraw money from the Indian market for the reconstruction of Japanese Finance. This will have a negative effect on stock market short-term available. Japanese have also made investments may be delayed in several major infrastructure projects in the country like Delhi Metro, Delhi Mumbai corridor, etc. These projects due to lack of availability of funds to be seen. Soaring oil prices because ofincrease in oil demand in Japan for the Indian economy, which is already faltering under the inflation. Car manufacturers will be negatively affected by the crisis because of Japan for the supply of many of its critical components for the automotive industry. Even for the increase in the value of the yen (yen as a result of lack of supply), there will be an increase in the cost of these components for the automotive industry. Japan's refining capacity is also affected by the earthquake. This is a positiveImpact on Indian companies like Reliance Petrochemicals. Indian IT industry will be somewhat influenced 'by the crisis, because most IT companies are only 1-2% of their turnover from the Japanese market. He just IT companies, high exposure to the Japanese market, Nucleus Software Exports, 30% of revenues from the land. Crisis little impact on Indian exports, since Japan for less than 3% of total Indian exports. Thus, the recent earthquakes in Japanlittle impact on the economy of India

Effects of the earthquake in Japan for the Indian economy and world