<?xml version="1.0" encoding="UTF-8"?>
<rss xmlns:media="http://search.yahoo.com/mrss/" xmlns:content="http://purl.org/rss/1.0/modules/content/" version="2.0">
  <channel>
    <title>Business Recorder - World - Asia</title>
    <link>https://www.brecorder.com/</link>
    <description>Business Recorder</description>
    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Thu, 13 Aug 2026 14:38:58 +0500</pubDate>
    <lastBuildDate>Thu, 13 Aug 2026 14:38:58 +0500</lastBuildDate>
    <ttl>60</ttl>
    <item xmlns:default="http://purl.org/rss/1.0/modules/content/">
      <title>Foreign aid promised for Japan quake zone</title>
      <link>https://www.brecorder.com/news/7841/foreign-aid-promised-for-japan-quake-zone</link>
      <description>&lt;p class="MsoPlainText"&gt; &lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;img style="margin-bottom: 10px; margin-right: 10px; float: left;" src="https://i.brecorder.com/images/stories/pics2011/mar/japan.404.jpg" width="400" height="250" /&gt;&lt;span style="font-size: 10pt;"&gt;KAMAISHI: Scores of countries have pledged aid to the victims of &lt;/span&gt;Japan&lt;span style="font-size: 10pt;"&gt;'s massive earthquake and tsunami, but little of it is visible in many towns and villages devastated by the disaster.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;In some areas, as victims return to what remains of their homes, an unorganised and often chaotic range of help awaits them from boxes of donated clothes to free pet food, almost all donated by fellow Japanese.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;Roads are wrecked in many areas, and there are acute shortages of fuel.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;And sometimes, people face problems in finding aid shipments.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Japan&lt;span style="font-size: 10pt;"&gt; is rich and its $5 trillion economy is the world's third largest.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;So, there's also a sense that &lt;/span&gt;Japan&lt;span style="font-size: 10pt;"&gt;'s traditional pride in self-reliance doesn't adapt easily to accepting foreign aid.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;Some aid workers recalled that rescue dogs brought in after the 1995 Kobe earthquake were put in quarantine for two weeks, although no such issues have been reported in the past week.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;Many officials signal that &lt;/span&gt;Japan&lt;span style="font-size: 10pt;"&gt; can look after itself.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;"Disaster relief requires a huge amount of money, but &lt;/span&gt;Japan&lt;span style="font-size: 10pt;"&gt;'s private sector has plenty of funds," Economics Minister Kaoru Yosano told Reuters last week.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;"Household assets amount to 1,400 trillion yen and half of it is high iquid cash and bank deposits. &lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;Of course there are uncertainties.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;But my gut feeling is that the Japanese people, with their efforts, can overcome them."&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;Yosano said he estimated economic damage from the disaster would exceed 20 trillion yen ($248 billion).&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Japan&lt;span style="font-size: 10pt;"&gt;'s foreign ministry has said rescue teams from 14 countries have started operating.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;But a ministry spokesman declined specific comment on aid reaching the country.&lt;/span&gt;&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;span style="font-size: 10pt;"&gt;&lt;Center /&gt;&lt;b&gt;&lt;i&gt;Copyright Reuters, 2011&lt;/b&gt;&lt;/i&gt;&lt;br /&gt;&lt;/center&gt;&lt;/span&gt;&lt;/p&gt;
</description>
      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p class="MsoPlainText"> </p>
<p class="MsoPlainText"><img style="margin-bottom: 10px; margin-right: 10px; float: left;" src="https://i.brecorder.com/images/stories/pics2011/mar/japan.404.jpg" width="400" height="250" /><span style="font-size: 10pt;">KAMAISHI: Scores of countries have pledged aid to the victims of </span>Japan<span style="font-size: 10pt;">'s massive earthquake and tsunami, but little of it is visible in many towns and villages devastated by the disaster.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">In some areas, as victims return to what remains of their homes, an unorganised and often chaotic range of help awaits them from boxes of donated clothes to free pet food, almost all donated by fellow Japanese.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">Roads are wrecked in many areas, and there are acute shortages of fuel.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">And sometimes, people face problems in finding aid shipments.</span></p>
<p class="MsoPlainText">Japan<span style="font-size: 10pt;"> is rich and its $5 trillion economy is the world's third largest.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">So, there's also a sense that </span>Japan<span style="font-size: 10pt;">'s traditional pride in self-reliance doesn't adapt easily to accepting foreign aid.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">Some aid workers recalled that rescue dogs brought in after the 1995 Kobe earthquake were put in quarantine for two weeks, although no such issues have been reported in the past week.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">Many officials signal that </span>Japan<span style="font-size: 10pt;"> can look after itself.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">"Disaster relief requires a huge amount of money, but </span>Japan<span style="font-size: 10pt;">'s private sector has plenty of funds," Economics Minister Kaoru Yosano told Reuters last week.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">"Household assets amount to 1,400 trillion yen and half of it is high iquid cash and bank deposits. </span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">Of course there are uncertainties.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">But my gut feeling is that the Japanese people, with their efforts, can overcome them."</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">Yosano said he estimated economic damage from the disaster would exceed 20 trillion yen ($248 billion).</span></p>
<p class="MsoPlainText">Japan<span style="font-size: 10pt;">'s foreign ministry has said rescue teams from 14 countries have started operating.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;">But a ministry spokesman declined specific comment on aid reaching the country.</span></p>
<p class="MsoPlainText"><span style="font-size: 10pt;"><Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></span></p>
]]></content:encoded>
      <category>World</category>
      <guid>https://www.brecorder.com/news/7841</guid>
      <pubDate>Sun, 20 Mar 2011 15:29:24 +0500</pubDate>
      <author>none@none.com (Muhammad Iqbal)</author>
    </item>
  </channel>
</rss>
