In a move that’s officially meant to tighten money supply, to counter rising inflation, China has banned all domestic businesses from taking loans from foreign banks.
The specific type of loan is called RMB (RenMinBi, a type of international currency). The People’s Bank of China, told all other banks that it would stop accepting […] Continue Reading…
The Japanese government announced they will create a new nuclear agency, to better respond to future nuclear disasters. This after it’s painfully obvious that the current plethora of government agencies, tasked with dealing with the Fukushima Daiichi disaster, have failed.
The latest plan to revamp nuclear regulators involves creating an agency who’s sole job is […] Continue Reading…
The number of households getting welfare in Japan hit a record number of 1.46 million. That’s households, not individuals.
The Japanese Welfare Ministry say it’s a rising trend, no thanks to the never ending nuclear disaster.
To make matters worse, Japan’s only domestic television maker, Hitachi, announced they will close up shop and move their factory […] Continue Reading…
Yet another prefectural government announced they will begin radiation checks of their cows, after they discovered their cattle feed is contaminated with cesium.
That prefecture is Shimane, and it’s 708 kilometers (440 miles) south west of the damaged Fukushima Daiichi nuclear plant!
Shimane officials say they will begin blanket tests of their cattle starting next week.
Tests […] Continue Reading…
“If the unemployment rate continues to rise, it will further damage investor confidence and force them to move away from U.S. Treasury securities, leaving the U.S. government no choice but to print money and depreciate its currency.”-Lu Zhengwei, Industrial Bank Co Ltd
Chinese officials say the U.S. Debt Limit Deal is not […] Continue Reading…
Another example of the lack of preparedness of the Japanese government; promised increases in radiation monitoring have not materialized, because the government can’t handle it logistically.
02 August 2011, the Japanese government announced that in order to increase radiation monitoring they will now rely on non governmental groups, many of which have already been conducting […] Continue Reading…
The Japanese government established radiation contamination guidelines for determining whether fertilizers, and livestock feed, contaminated with radiation are safe to use, or not.
The new safe limit for contaminated fertilizer is 400 becquerels of cesium per kilogram. Farmers are asked to use humus and compost that contains less than that.
The new standard for fertilizer comes […] Continue Reading…
On 01 August 2011, Tokyo Electric Power Company revealed that a venting pipe coming off Fukushima Daiichi’s Reactor 1, was emitting 10 sieverts per hour of radiation. According to government officials that can kill you in one to two weeks, after one hour of exposure!
Now TEPCo says they’ve conducted radiation checks inside Reactor 1 […] Continue Reading…
Within 24 hours of banning cattle from two locations in Iwate Prefecture, the Japanese government is also banning cows from Tochigi Prefecture.
Just like Iwate, the ban affects two areas within Tochigi Prefecture, after cesium contamination was found in cows and plants. Tochigi has a much bigger cattle industry than Iwate. As many as 55,000 […] Continue Reading…
The U.S. House of Representatives passed a debt limit bill that would see more than $2 trillion cut from government spending over ten years. But those cuts won’t affect the billions of U.S. taxpayer dollars Israel gets.
U.S. politicians said hands off U.S. taxpayer money going to Israel. Hypocritically, the United States is cutting aid […] Continue Reading…