The catastrophe in Japan has made apparent just how fragile the global economy has become. Factories around the world have had to slow production due to a lack of parts. But the problems are surmountable -- provided the nuclear disaster in Fukushima doesn't worsen.
It's about 9,000 kilometers (5,625 miles) from Tokyo to Mulfingen and Künzelsau, but it didn't take long for the shockwaves from Japan to reach these two towns in the southwestern German state of Baden-Württemberg. The region is home to several small and mid-sized companies, including EBM Papst and Ziehl-Abegg, the world's two top producers of fans and specialized ventilation systems.
Read more ....http://www.spiegel.de/international/business/0,1518,752325,00.html
Japan damage could reach $235 billion, World Bank estimates -- L.A. Times
WB: Economic cost of Japan's disaster could hit 235 bln USD -- Xinhuanet
World Bank Puts Japan Recovery Cost at $235 Billion -- Voice of America
Japan damage may cost up to $235bn -- BBC
Japan Pumped Record Cash Into Banks to Aid Markets, Economy After Temblor -- Bloomberg
Japan Is Slowly Showing Signs of Recovery -- USA Today
BOE's Sentance Says World Economy to Withstand Japan Quake, Mideast Unrest -- Bloomberg
Buffett: Japan crisis won't stop global economy growth -- Sify News
Japan fuel demand to surge amid nuclear crisis -- Seattle PI
Four ways Japan disaster affects investors -- Christian Science Monitor
The Bank of Japan averts a financial earthquake -- Sebastian Mallaby, Financial Times
Japan's economic aftershocks -- Dean Baker, The Guardian