The Japanese government on Tuesday released new damage estimates under the scenario of a magnitude-9 level earthquake hitting off the Pacific coast of northeastern and northern Japan, warning up to 199,000 people in seven prefectures, including Hokkaido and Aomori, could die.The Central Disaster Management Council predicts that most of the fatalities will be caused by the resulting tsunami, and a maximum of 220,000 buildings could be destroyed if such a quake occurs along the Japan Trench. The potential economic fallout for the region and country as a whole could be roughly 31.3 trillion ye…READ FULL ARTICLE
