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World News America

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Page last updated at 21:58 GMT, Wednesday, 16 March 2011

The economic impact of the Japanese disaster

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Katty Kay talks with Roben Farzad of Bloomberg Businessweek about how Japan's recent earthquake and tsunami has not only caused human devastation but has also sent its economy reeling.

Mr. Farzad says Japan has been in an "economic funk" for nearly two decades and that the recent tragedy simply adds to the overall malaise in the economy.

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SEE ALSO

What triggered Japan earthquake?(03.15)
Quake reaction from JFK airport(02.02)

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