Hurricane Katrina > International aid response
The Japanese Foreign Ministry has said that it would provide USD 200,000 to the American Red Cross to assist victims of Hurricane Katrina. Japan will also identify needs in affected regions via the U.S. government and will provide up to USD 300,000 in emergency supplies such as tents, blankets and power generators if they receive requests from the U.S. for such assistance. One Japanese individual, Takashi Endo, donated USD 1 million from his personal funds to Katrina relief efforts.
Is sending USD 25,000 to American Red Cross.
DEFINITION:
International response to the Hurricane Katrina disaster.
SOURCE:
Wikipedia , CNN
Tsunami > Economic impact
Japanese non-life insurers Millea Holdings Inc., Aioi Insurance Co. Ltd. and Mitsui Sumitomo Insurance Co. Ltd. say they have not heard damages from clients yet. Sompo Japan Insurance Inc. says too early to assess impact. (Dec 28).
"We have 87 resorts and 20 have been completely destroyed," said presidential spokesman Mohamed Shareef. "We estimate the damage to property and infrastructure to be over $1 billion. This is a big hit on the economy ".
DEFINITION:
The tsunami that has devastated parts of Asia and killed more than 28,400 has affected companies, economies and markets across the globe. Here is a snapshot of some of the financial effects of the disaster (as of Saturday, Jan 22nd, 2005 - 06:30 PM GMT).
SOURCE:
BBC , Bloomberg , BBC , Rediff , The Herald Sun , The Indian Express and The Reuters
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