This may be Japanese prime minister Naoto Kan's last chance at redemption. Just days before the deadly calamity, Kan was on the verge of stepping down as PM. Takahide Kiuchi, economist at Nomura, spoke to CNBC-TV18's Menaka Doshi about the situation in Japan, the rebuilding process and the government in power.
David Forrester, VP-Global Forex Strategy at Barclays Capital and Puru Saxena of Saxena Wealth Management spoke about the impact on the currency and commodities market, in the aftermath of the devastation in Japan’s twin calamities.
The earthquake that devastated northeast Japan displaced the country's main island by 2.4 metres and even tilted the axis of the Earth by nearly 10 centimetres. The shock sounds awesome but it was imperceptible. History suggests the same will be true of the economic impact.