Akhir 16, 1432, March 21, 2011, SPA -- The World Bank said in report Monday that Japan may need five years to rebuild from the catastrophic disasters, which caused up to $235 billion in damage. The report also disclosed that the cost to private insurers will be up to $33 billion and that the government will spend $12 billion on reconstruction in the current national budget and much more later. The report was quoted by the Associated Press. --MORE
