The California Chamber of Commerce offers its deepest sympathy and condolences for the victims of the disastrous earthquake and tsunami that struck the northeast coast of Japan on
March 11.
California has strong historical and commercial ties with Japan, and knows the Japanese people are confronting this disaster with determination and strength. Our thoughts are with Japan during this difficult time.
The California Chamber of Commerce has donated to the Red Cross and urges our members to donate to the relief organization of their choice.
Japanese Crisis Adds Strain to State's Economy, but New Plunge Not Expected From a spike in oil prices to a possible disruption in trade routes, international turmoil could put a dent in an economic recovery that's finally gathering speed in California and across the country. Sacramento Bee, March 15, 2011
Japan Quake Likely to Affect Business Globally With the scale of the disaster in Japan still being measured, concerns are growing that last week's earthquake and tsunami could lead to a long-term disruption in the world's supply of automobiles, consumer electronics and machine tools. Los Angeles Times, March 15, 2011
Quake Response Showcases Japan's Resilient Spirit Close to the epicenter of Japan's devastating earthquake and tsunami, workers at a warehouse hauled out cans of coffee and soda this week to offer to passers-by for free. San Diego Union-Tribune, March 15, 2011
As Japan Seeks to Finance Reconstruction, U.S. Debt Costs Could Rise Japan's need to raise huge amounts of money for reconstruction after the disastrous earthquake raises the prospect of higher U.S. costs to finance its own budget deficit and ultimately higher costs to American consumers on financing everything from houses and cars to credit card debt. Los Angeles Times, March 15, 2011
CalChamber Hosts European Union Ambassador
Cooperation between the European Union and the United States can only help the two entities deal with similar global economic problems, the E.U. ambassador told a California Chamber of Commerce audience yesterday. CalChamber, March 10, 2011
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