New quake could cost Japan US$2.3 trillion

The line of the trough
The line of the trough

The Fukushima earthquake in 2011 brought death and destruction to the north-east of Japan, but happened in a comparatively remote and sparsely populated area. A similar event in an undersea trench off Japan’s southern coast would hit the country’s highly populated and industrialised areas - at a terrible cost to lives and the economy.

A MASSIVE earthquake similar to the one that hit Fukushima in 2011 would kill 323,000 people and cause US$2.3 trillion damage if it struck off Japan’s southern coast, experts have estimated.

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A magnitude 9.1 quake along the Nankai Trough, an undersea trench, would directly hit the industrial heart of...

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