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Natural Disasters

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  • Pedestrians cross the street using the Shibuya crossing in Shibuya on May 25, 2010 in Tokyo, Japan. Shibuya is not only a busy business district but also known for it's vibrant nightlife and fashion.

    While the world has fallen out of love with the Japanese economy in recent years it remains an economic powerhouse and important to the global economy, Sean Corrigan, chief investment strategist at Diapason Commodities Management, said Monday.

  • Smoke billows from fires raging at the port in Tagajo, Miyagi

    Japan's Nikkei average tumbled over 5 percent at one point on Monday as investors shifted to safer assets following after Friday's massive earthquake and tsunami, with the long-term impact uncertain as nuclear disaster looms.

  • Fukushima Dai Ni Nuclear Power plant

    The unfolding crisis at the two reactors, both at the Fukushima Daiichi Nuclear Power Station, feeds into a resurgence of doubts about nuclear energy’s safety — even as it has gained credence as a source of clean energy, the New York Times reports.

  • Soldiers pull a boat across floodwater as they help to evacuate residents of Tagajo city, Miyagi

    Traders went home Friday thinking about Japan's tragic earthquake and tsunami, more possible unrest in the Middle East, and Europe's sovereign debt problems.

  • Japanese 10,000 Yen bank notes

    After sinking initially on reports of the massive quake, the yen rallied strongly. Here's how you can trade it now.

  • Vehicles are crushed by a collapsed wall at a carpark in Mito city

    The economic impact from the tsumani that slammed into eastern Japan following one of the largest earthquakes ever recorded, 8.9 magnitude, will be felt in the near future, Sean Egan, founder partner and president of Egan-Jones Ratings Company, told CNBC on Friday.

  • Japan Quake's Financial Impact: Five Things to Watch Friday, 11 Mar 2011 | 1:12 PM ET
    A factory building has collapsed in Sukagawa city, Fukushima prefecture, in northern Japan. A massive 8.9-magnitude earthquake shook Japan, unleashing a powerful tsunami that sent ships crashing into the shore and carried cars through the streets of coastal towns.

    While commodity and currency markets took the biggest immediate hit from Friday's earthquake and tsunami in Japan, the damage will be felt throughout the world's economy and the US.

  • What the Tsunami Means for US West Coast Friday, 11 Mar 2011 | 11:35 AM ET

    Residents need to be prepared for the strongest waves four to five hours after the first one hits, but there will be no "wave of water", one expert told CNBC.

  • Carnival Cuts 2011 Outlook Amid Rising Fuel Prices Friday, 11 Mar 2011 | 11:18 AM ET

    Carnival's first-quarter earnings will fall short of Wall Street expectations and the cruise operator is cutting its full-year earnings outlook.  The Miami company blamed rising fuel prices and some itinerary changes in the Middle East and North Africa for the reduction to its 2011 guidance.

  • Massive Quake Whipsaws the Yen Friday, 11 Mar 2011 | 11:16 AM ET
    Yen

    The yen plummeted and then rocketed higher after a massive earthquake and tsunami struck Japan early this morning, and traders expect plenty of choppiness as the day unfolds.

  • How Recent Disasters Affected Markets and Economies Friday, 11 Mar 2011 | 9:02 AM ET

    The biggest earthquake on record to hit Japan in 140 years sent stock markets across the globe sharply lower, while the yen and oil prices also fell.

  • Earthquake May Boost Economy Short Term: Summers Friday, 11 Mar 2011 | 5:56 AM ET

    Friday's massive earthquake is yet another challenge to Japan's recovery but it may provide a jolt to the economy over the short term, Lawrence Summers, president emeritus of Harvard University and former director of the White House National Economic Council, told CNBC.

  • Smoke rises from a construction site due to the strong earthquake on March 11, 2011 in Tokyo, Japan. A magnitude 8.9 strong earthquake hit the northeast coast of Japan.

    The 8.9 magnitude earthquake that hit Japan Friday will likely dent investor confidence in the short term, but is unlikely to derail the global economic recovery, analysts told CNBC.

  • Poll: Have The Recent Disasters Put You Off Travelling to Australia?

  • Scenes from New Zealand Earthquake 2011 Sunday, 27 Feb 2011 | 11:40 PM ET

    The 6.3-magnitude earthquake that struck New Zealand's second largest city last week killed at least 148 people and forced hundreds to evacuate for fear of further aftershocks.

  • Scenes from Australia Cyclone Wednesday, 2 Feb 2011 | 1:45 AM ET
    Clouds form over the central business district on Cairms waterfront as Queenslanders brace themsleves for Cyclone Yasi on February 1, 2011 in Cairns, Australia.

    Thousands have fled their homes and engineers have warned even "cyclone proof"homes could be shattered by the powerful winds. Here are some images.

  • Investors Bet on Catastrophe Bonds Friday, 7 Jan 2011 | 10:58 AM ET
    Hurricane

    Amid the volatility in the markets, wealthy individuals and big institutions are flocking to hedge funds that buy so-called catastrophe bonds and other investments tied to the probability of Gulf Coast hurricanes, Japanese earthquakes, large snowfalls in Canada and other natural disasters. The New York Times reports.

  • House surrounded by floodwater

    The National Flood Insurance Program  is one big hurricane away from costing U.S. taxpayers billions of dollars. Experts say unless Congress makes some much needed changes to the program, taxpayers will find themselves footing the bill for another major disaster.

  • Top Charitable Causes in Asia 2010 Sunday, 7 Nov 2010 | 8:53 PM ET
    A young girl holds a baby goat in a slum area near a newly dug roadway in April 22, 2009 where agricultural areas she and members of twelve families have been farming for four generations will be forced to vacate for the 2010 Commonwealth Games being constructed in some of the last green belt areas of New Delhi, India.

    If you've made some gains in the stock markets this year and are thinking about putting that money to good use, find out what the top charitable causes in Asia are this year.

  • Villagers shelter at a destroyed house at Taparaboat village in the Mentawai islands, West Sumatra, on October 28, 2010 after a 7.7-magnitude quake triggered a tsunami that hit the area. The death toll from a tsunami that pummelled remote Indonesian islands soared to 343 on October 28 as questions mounted over whether an elaborate warning system had failed.

    Fresh volcanic eruptions raised fear of more damage as bad weather and rough terrain left thousands of tsunami victims stranded, the New York Times reports.