The International Monetary Fund has voiced confidence that the Japanese economy is strong and stable enough to recover from the devastating earthquake and tsunami. The Japanese government estimates the damage to be at approximately 192 billion pounds ($308 billion), BBC reports. Meantime, U.K. Prime Minister David Cameron has urged the European Union to offer a free trade deal to Japan to help it rise from the twin natural disasters and the ongoing nuclear crisis.
Get development's most important headlines in your inbox every day.
Thanks for subscribing!
