Posts tagged: Economic Damages

Paralysis air exceeds the economic damages of 11-S

Switzerland canceled over 1,500 flights since it began the journey of Eyjafjalla Icelandic volcanic ash in European skies. The economic damage to the Old Continent could reach 2,100 million Swiss francs.
The airports of Zurich and Geneva have lost 3.5 million francs for each 24 hours of paralysis, which exacerbate the crisis of many airlines. The European Commission offered help, but no one has even numbers.

Eight million passengers affected and at least 82,500 international flights canceled: the first resulting in paralysis balance air that caused the wake of the Icelandic volcano Eyjafjalla in the Old Continent, according to the European Organisation for the Safety of Air Navigation (Eurocontrol ). The issue of property loss still causes an uncomfortable silence for the effect of ‘cascade’ that caused it. They lost the airlines, airports and businesses that operate in its facilities, exporting firms that were stranded products, and tourism among other sectors. Only in Switzerland, the number of canceled flights was over 1,500 in five days. According to the International Air Transport Association (IATA for its acronym in English), the damage will add the equivalent of 1,500 million Swiss francs, which exceed the economic effect did the terrorist attacks of September 11, 2001, which keeps air activity for 72 hours. And riskier sources such as the Centre for Asia Pacific Aviation (CAPA for its acronym in English), put the toll at 2,100 million francs or more. Product Thus, growth of GDP and European Swiss – could be cut by 0.3% during the second quarter, according to Andreas Hofert, an economist at UBS Geneva citing the newspaper ‘Le Temps’ in its edition today. Damage to the expert’s opinion that is still manageable. Read more »

Injury and Economic Damages

What is personal injury and damage which can be as personal injury and economic damages stories. These are the questions you get when you make physical or mental harm increases, due to an accident, medical error or a crime. The damage is so great that one time you can not work or becomes permanently disabled. A proper calculation of the injury and personal injury compensation is of great importance. Story injury the right people, because you are entitled to.

Any damage caused by an incident that someone may be liable for damages recoverable. This is material, but immaterial damage. The relatively small costs such as damage to clothing, but also big expenses because you or temporarily not working or you becoming disabled. Common forms of permanent injury are:

* Concentration problems.
* Back pain.
* Whiplash.
* A vision deteriorated.
* It must be missing a limb.

Japan economic damages greater than expected

The economic damage of the great Japanese earthquake and tsunami of last month is likely to be worse than the first estimates by energy shortages, restricted to the factories that disrupt supply chains, warned Tuesday the economy minister.

Japan raised the seriousness of the nuclear crisis in the Fukushima Daiichi Nuclear Power Station at a level from 7 to 5, putting it on par with the nuclear disaster at Chernobyl in 1986.

The governor of the Bank of Japan said the economy was in “serious condition”, while the central bankers were not sure that efforts to rebuild the tsunami-devastated northeast could boost growth, according to minutes of a meeting of three days after an earthquake hit Japan to record March 11.

The government and the main opposition party have agreed on a spending package for the reconstruction work, but the establishment of a large supplementary budget will be difficult due to the heavy debt burden in Japan. Read more »

Personal Injury Compensation

Many heads of damage are possible and can therefore be part of a personal injury compensation. Consider:

  • Uncollected income through loss of labor: loss of your ability to earn enough. This loss of earning capacity or labor is usually the biggest loss item.
  • Cost of hospitalization, ambulance, physiotherapy and nursing costs.
  • Cost of permanent disability.
  • Costs of rehabilitation.
  • Read more »