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
Major League Baseball on ABC 3 of the 1989 World Series (initially scheduled for October 17) was delayed by ten days due to the Loma Prieta earthquake. The earthquake struck at approximately 5:04 p.m. Pacific Time. At the moment the quake struck, ABC's color commentator Tim McCarver was narrating taped highlights of the previous Series game. Viewers saw the video signal begin to break up, heard McCarver repeat a sentence as the shaking distracted him, and heard McCarver's colleague Al Michaels exclaim, "I'll tell you what, we're having an earth—." At that moment, the feed from Candlestick Park was lost. The network put up a