Aftermath of the 2011 Tōhoku earthquake and tsunami highest in the world). This additional spending could hurt demand for government bonds. Silicon wafer production has been suspended at factories owned by Shin-Etsu Chemical and MEMC Electronic Materials, which together account for 25% of the global silicon wafer production. The suspension is expected to drastically impact semiconductor production, which is contingent on wafer availability. Some economic analysts consider that, ultimately, the catastrophe will improve Japan's economy, with increased job availability during restoration efforts. An analyst at JPMorgan Chase, citing the 1989 Loma Prieta earthquake in the San Francisco Bay Area and the Southern California 1994 Northridge earthquake, noted that
1989 World Series lead in the Series. The Loma Prieta earthquake struck on October 17, 1989, at 5:04 p.m. Game 3 was scheduled to start at 5:35 p.m. at Candlestick Park in San Francisco, and thousands of people were already in the stadium when the quake occurred. Because of the coincidence of timing, it was the first major earthquake in the United States ever to be broadcast by live television. Experts credit the timing of the Series as a lucky break that prevented massive loss of life in the region; key in reducing the loss of life was the fact that many people