Experts interpret Japan disaster impact

As Japan grapples with the worst disaster since World War II, majority of experts believe that this may not hamper the stock markets globally in a big way. However, Japan might take some time to stabilise and recover. It's time for Japan's parliamentarians to rise above their disputes and work together, says Alastair Newton managing director and senior political analyst at Nomura International Plc. "We are in all likelihood going to see emergency budgets next year because the cost of making good the damage done by this crisis is going to drag on. It