How will the Japan crisis affect the Economic markets of the world?

[Arpheus]

Since i am no expert in this field i decided to throw this question out there,because i am sure this will have an effect in world stocks and economies around the world,anyone cares to discuss or share what they think will be the outcome of this?
I am deeply sad for the entire Japanese nation and what they will have to overcome out of this tragic disaster of epic proportions.

[Apex]

Try http://www.zerohedge.com/ There is all sorts of news mostly about Japan and the economic impacts.

[Lost Soul]

Everything, stocks, gold and oil, has gone down. We can expect Japan to sell off some US Treasuries to help pay for emergency work, damage control and rebuilding.

[Dragonfly]

Besides stock market and commodities, it will have first a very heavy impact on the re insurance industry, followed by the regular insurance sector and the financial institutions. Then it might affect shipping and freight. Check the baltic Sea Index for current developments.

[DarkSai]

i'm also worried about this..
http://rt.com/news/nuclear-fears-chernobyl-brussels/

now, i'm all more toxic-free energy, but take a look at this..

http://www.bradenton.com/2011/03/15/3036106/research-and-markets-2011-report.html


According to all three, the ten countries in 2008 and 2010 with the highest percentage of national power generated from nuclear reactors is:
Country Percentage
1 France 76.2
2 Lithuania 72.9
3 Slovakia 56.4
4 Belgium 53.8
5 Ukraine 47.4
6 Sweden 42.0
7 Slovenia 41.7
8 Armenia 39.4
9 Switzerland 39.2
10 Hungary 37.2

The top ten countries by new nuclear reactors and MW planned and under construction in 2010:
Country Number of new reactors planned Number of MW planned
1 China 37 38,360
2 India 23 21,500
3 Japan 13 17,915
4 US 11 13,800
5 Russian Fed. 7 8,000
6 South Korea 6 8,190
7 UK 4 6,600
8 UAE 4 5,600
9 Canada 4 4,400
10 South Africa 3 3,565

if they decide to pass a "UN resolution" to ban nuclear power too fast, energy costs will skyrocket. the nuber of planned nuclear power stations is also enormous, meaning these countries would have to start from scratch to meet future power needs, wasting billions in tax money (ultimately).

i'm not saying this is "the plan" only that it poses a huge threat economically if they did do this.