

 

UK unemployment rose by 27,000 in the three months to the end of January to 2.53 million, the highest since 1994.
The Office for National Statistics (ONS) said the jobless rate was now 8%, the highest since 1996.



Japan's most powerful earthquake since records began has struck the north-east coast, triggering a massive tsunami.
Cars, ships and buildings were swept away by a wall of water after the 8.9-magnitude tremor, which struck about 400km (250 miles) north-east of Tokyo.
A state of emergency has been declared at a nuclear power plant, where pressure has exceeded normal levels.
It was the week the Arabian democratic dream turned into a nightmare, while Western leaders squabbled about no-fly zones. The week markets suddenly remembered the peripheral Eurozone states still owe gazillions and simply can't repay their mountainous debts. The week Japan faced its biggest crisis since World War II, with tens of thousands dead, towns swept away, and two nuclear plants on the brink of meltdown.
It was also a week that ratcheted up worries about an oil shock, China bubble, Saudi rage, eurozone rate rise, Spanish downgrade, US Treasury bonds, soaring inflation, UK spending cuts and, overshadowing them all, a nuclear catastrophe.