Earthquake and Tsunami News in Japan
2011-05-23

The broadcasting in Japan now is focusing on the monetary damages. They are mainly talking about Tokyo Electric (TEPCO) and how much it will have to spend to compensate.

Now they are talking about as much as 15,000,000,000,000 yen ($18 Billion Dollars) that TEPCO may need. It is very close to what BP set aside for the gulf oil spill. TEPCO has not clearly said they will pay.