Official says Japan’s Economic situation now a matter of National Security

NHK interviewed an economic official (analyst?) who said the economic situation in Japan is now a matter of national security, as a result of the Fukushima disaster.

Some Japanese companies have announced plans to re-start operations, but that is contingent upon the ongoing situation with aftershocks, infrastructure issues and nuclear problems.

Toyota announced that its Japanese factories will remain closed for another week. Toyota will not increase production at foreign factories.

Three prefectures are asking for 33,000 temporary homes. The emergency shelters are overwhelmed.

The Bank of Japan continued to flood billions of cash into the finance and investment markets.

Electronics industry analyst are warning that if parts supply from Japan is down for a few weeks it will drastically raise prices for electronic items.

Economic losses for Japan are predicted to hit $200 billion.