A 4.8-magnitude earthquake hit Tokyo and its surrounding areas on Sunday. It was felt so strongly that no tsunami warning was activated or any damage was recorded.
The earthquake struck at 8:59 local time (Saturday 23:59 GMT) and Its center was 80 kilometers under the sea in Tokyo Bay.in the center of the country, according to the Japan Meteorological Agency (JMA).
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The earthquake reached level 4 on the Japanese seismic scale (7 levels). and focused on measuring surface agitation and potential damage) and similar levels in the neighboring prefectures of Chiba and Saitama.
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Japan sits on what is known as the Ring of FireIt is one of the most active seismic zones in the world and is frequently affected by earthquakes, so its infrastructure is well designed to withstand tremors.
Major economic damage after the earthquake in Japan
The Japanese government has estimated economic losses from the devastating earthquake on the 1st at 2.6 trillion yen. ($17,591 million), in the first estimate of the impact of damage to homes, businesses and infrastructure.
A magnitude 7.6 earthquake on the Noto Peninsula (central Japan) caused extensive damage to houses. Roads, ports, power lines and sanitation networks in the region were destroyed, leaving an additional 236 dead and twenty missing.
More than 230 people died in the recent earthquake
In its monthly economic report released the day before, the Executive Warnings about the “vulnerability” of a natural disaster and that add “uncertainty” factors In the national economy, such as inflation, conflict in the Middle East, China's recession or volatility in financial markets.
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According to a government document, the first official estimate of the earthquake's economic cost to the public and private sectors puts the amount between the aforementioned figure and 1.1 trillion yen ($7,451 million).
The amount was split between recorded damages to homes of 400,000 and 900,000 million yen (between 2,708 and 6,092 million dollars); In non-residential buildings such as factories or offices, 200,000 and 400,000 million yen (between 1,354 and 2,708 million dollars)
EFE
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