A look at economic developments around the world (AP)

A look at economic developments and activity in major stock markets of the world Friday:

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TOKYO - The Government of the Japan proposed a special budget 50 billion (4 billion yen) to help efforts to rebuild finances and plans to build homes temporary 100 000 for the survivors of the devastating earthquake of last month and the tsunami.

The twin disasters destroyed roads, ports, farms and houses and paralyzed a nuclear power plant, which in turn forced tens of thousands of people more than evacuate their homes at least several months. The Government stated that the damage could cost 309 billion, which makes the natural disaster more expensive in the world.

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TOKYO - The index Nikkei 225 of the Japan, one of a handful of open trade in Asia at the time of the day Friday, closed less than 1%. China Composite index of the Korea of southern ABN ended flat then that Shanghai Index slipped 0.5%.

Markets in Hong Kong, India, Philippines, Australia, New Zealand and Singapore were closed. Markets were also closed to the United States and in most of Europe.

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Athens, Greece - Prime Minister of the Greece invective credit ratings agencies as the rate in the country of crisis-hit of borrowing were record levels. The high cost of borrowing plans threat to return to the bond markets next year.

George Papandreou said agencies, instead of elected Governments, "seek to shape our destiny and determine the future of our children."

Major rating agencies were all relegated status Greek bond under the ground of the investment in the ongoing debt crisis. Shots have irritated the Government argued that the tax benefits of its austerity program are ignored.

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SHANGHAI - Truckers protested for a third day over rising prices of fuel and fresh, disrupting the movement of goods in the more frequented China port city.

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TOKYO - Production of Toyota world car, disrupted by a lack of parts of earthquake and tsunami, the Japan return to normal, until November or December. The slowdown is endangering spot for Toyota as a constructor more sold in the world.

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KUALA LUMPUR, Malaysia - Malaysia said that it is invested international experts to investigate if a refinery built to treat the rare minerals presents any threat of radioactive contamination. The plant could become the first such institution outside of China in the years and officials say it may restrict the monopoly of China on the global offer of 17 rare earth essential for the manufacture of high technology products.

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