Japanese Urged to Avoid Panic-Buying as Megaquake Fears Spread

Customers walk by the entrance of a supermarket as signs written "quake-related media reports are causing some products to run out of stocks and that sales restrictions are likely" (up) and "bottled water is being rationed, with a cap of one case (six bottles) per each customer" in Sumida district of Tokyo on August 10, 2024. (AFP)
Customers walk by the entrance of a supermarket as signs written "quake-related media reports are causing some products to run out of stocks and that sales restrictions are likely" (up) and "bottled water is being rationed, with a cap of one case (six bottles) per each customer" in Sumida district of Tokyo on August 10, 2024. (AFP)
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Japanese Urged to Avoid Panic-Buying as Megaquake Fears Spread

Customers walk by the entrance of a supermarket as signs written "quake-related media reports are causing some products to run out of stocks and that sales restrictions are likely" (up) and "bottled water is being rationed, with a cap of one case (six bottles) per each customer" in Sumida district of Tokyo on August 10, 2024. (AFP)
Customers walk by the entrance of a supermarket as signs written "quake-related media reports are causing some products to run out of stocks and that sales restrictions are likely" (up) and "bottled water is being rationed, with a cap of one case (six bottles) per each customer" in Sumida district of Tokyo on August 10, 2024. (AFP)

Authorities in Japan urged people to avoid hoarding as anxiety over a possible megaquake triggered a spike Saturday in demand for disaster kits and daily necessities.

In its first such advisory, the weather agency said a huge earthquake was more likely in the aftermath of a magnitude 7.1 jolt in the south on Thursday which left 14 people injured.

At a Tokyo supermarket on Saturday, a sign was put up apologizing to customers for shortages of certain products it attributed to "quake-related media reports".

"Potential sales restrictions are on the way", the sign said, adding bottled water was already being rationed due to "unstable" procurement.

On Saturday morning the website of Japanese e-commerce giant Rakuten showed portable toilets, preserved food and bottled water topping the list of the most sought-after items.

Some retailers along the Pacific coastline also reported similar disaster-related supplies in high demand, according to local media reports.

The advisory concerns the Nankai Trough "subduction zone" between two tectonic plates in the Pacific Ocean, where massive earthquakes have hit in the past.

- Low risk -

It has been the site of destructive quakes of magnitude eight or nine every century or two, with the central government having previously estimated the next big one can strike over the next 30 years roughly with a 70 percent probability.

Experts however emphasize the risk, while elevated, is still low, and the agriculture and fisheries ministry urged people "to refrain from excessively hoarding goods".

A magnitude-5.3 tremor rocked Kanagawa region near Tokyo Friday, triggering emergency alarms on mobile phones and briefly suspending bullet train operations.

Most seismologists believe the Friday jolt had no direct link to the Nankai Trough megaquake, citing distance.

On social media platform X, spam posts taking advantage of fears over the megaquake are rapidly mushrooming.

Public broadcaster NHK said spam disguised as helpful quake-related tips was being posted every few seconds on X, with links that instead direct users toward porn or e-commerce sites.

Such posts are "making it increasingly difficult for users to reach genuine information about quakes", NHK said.

Sitting on top of four major tectonic plates, the Japanese archipelago of 125 million people sees some 1,500 quakes every year, most of them minor.

On January 1, a 7.6-sized jolt and powerful aftershocks hit the Noto Peninsula on the Sea of Japan coast, killing at least 318 people, toppling buildings and knocking out roads.



Wars Top Global Risk as Davos Elite Gathers in Shadow of Fragmented World

A view of a logo during the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. (Reuters)
A view of a logo during the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. (Reuters)
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Wars Top Global Risk as Davos Elite Gathers in Shadow of Fragmented World

A view of a logo during the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. (Reuters)
A view of a logo during the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. (Reuters)

Armed conflict is the top risk in 2025, a World Economic Forum (WEF) survey released on Wednesday showed, a reminder of the deepening global fragmentation as government and business leaders attend an annual gathering in Davos next week.

Nearly one in four of the more than 900 experts surveyed across academia, business and policymaking ranked conflict, including wars and terrorism, as the most severe risk to economic growth for the year ahead.

Extreme weather, the no. 1 concern in 2024, was the second-ranked danger.

"In a world marked by deepening divides and cascading risks, global leaders have a choice: to foster collaboration and resilience, or face compounding instability," WEF Managing Director Mirek Dusek said in a statement accompanying the report.

"The stakes have never been higher."

The WEF gets underway on Jan. 20 and Donald Trump, who will be sworn in as the 47th president of the United States the same day and has promised to end the war in Ukraine, will address the meeting virtually on Jan. 23. Ukraine President Volodymyr Zelenskiy will attend the meeting and give a speech on Jan. 21, according to the WEF organizers.

Among other global leaders due to attend the meeting are European Commission President Ursula von der Leyen and China's Vice Premier Ding Xuexiang.

Syria, the "terrible humanitarian situation in Gaza" and the potential escalation of the conflict in the Middle East will be a focus at the gathering, according to WEF President and CEO Borge Brende.

Negotiators were hammering out the final details of a potential ceasefire in Gaza on Wednesday, following marathon talks in Qatar.

The threat of misinformation and disinformation was ranked as the most severe global risk over the next two years, according to the survey, the same ranking as in 2024.

Over a 10-year horizon environmental threats dominated experts' risk concerns, the survey showed. Extreme weather was the top longer-term global risk, followed by biodiversity loss, critical change to earth's systems and a shortage of natural resources.

Global temperatures last year exceeded 1.5 degrees Celsius (34.7 degrees Fahrenheit) above the pre-industrial era for the first time, bringing the world closer to breaching the pledge governments made under the 2015 Paris climate agreement.

A global risk is defined by the survey as a condition that would negatively affect a significant proportion of global GDP, population or natural resources. Experts were surveyed in September and October.

The majority of respondents, 64%, expect a multipolar, fragmented global order to persist.