Segments From this episode
After a devastating earthquake last week, Japan is taking steps to prevent an economic collapse in the country. The Bank of Japan has injected a record amount of cash into the financial system to provide liquidity and stabilize the shaky economy.
As Japan assesses the damage from a catastrophic earthquake last week, insurers across the globe begin to tally the cost of the disaster. Estimates put the cost to insurers at around $35 billion.
Tom Byrne, senior vice president for Moody's in Singapore, explains how he calculates whether a natural disaster affects a country's credit rating.
As the world watches the disaster in Japan unfold, Barry Scanlon, president of the emergency preparedness firm Witt Associates, explains how the U.S. would handle an earthquake similar to Japan's.
Marketplace Morning Report for Monday, March 14, 2011