Tokyo Electric Power Company says temperatures in Reactor 4 fuel pool shot up again, this after they injected almost 200 tons of water before the weekend. TEPCo will try injecting more water on 25 April. Reactor 4 fuel pool seems to be losing water faster than they can put it in. They are concerned […] Continue Reading…
Remember the stories about Japanese who couldn’t get their money out of the banks, after the March 11 disasters? The president of one of those banks has just resigned, because they weren’t prepared.
Satoru Nishibori, president of Mizuho Bank, will leave in June. He failed to authorize a proposed computer update. The result was that […] Continue Reading…
Toyota announced that production at its factories will not return to pre-March 11 levels, until December. Toyota expects 2011 production levels to be lower than 2009.
Production in Japan will not pick up until July. Production at all other Toyota plants will remain low until August. And that’s a best guess: “We don’t know how […] Continue Reading…
Brazilian Foreign Minister Antonio Patriota announced his country’s new President, Dilma Rousseff, will continue the policies of former President Luiz Inacio Lula da Silva, in regards to Iran: “Rousseff will stay on the path of her predecessor and mentor Lula da Silva.”
Now Iran will open a trade center in Brazil. The […] Continue Reading…
“Americans occupied our country and started corruption in here and ruined whatever was left by Saddam, therefore after 7 years and based on the security agreement (between Iraq and the U.S.), all the U.S. forces should leave Iraq at the end of 2011. The extended mission of the infidel occupiers in […] Continue Reading…
Ever since officials from the Obama administration made statements about staying in Iraq passed the 2011 withdrawal date, the Iraqis have been really upset. Not only protests, but attacking U.S. bases.
According to some reports a U.S. base was attacked on April 23. Three rockets hit the Echo Army base near the city of Diwaniyah, […] Continue Reading…
“We were told to evacuate, but we can’t. Are the moving companies just going to abandon us without offering help?”-Evacuee
People living in mandatory evac zones, in Fukushima Prefecture, have until the end of May to get out. But they are on their own when it comes to actually moving. Even moving companies are refusing […] Continue Reading…
The situation around the Fukushima Daiichi nuke plant is not getting better. Radiation contamination is spreading, and increasing.
Officials say the radiation levels at the damaged nuclear plant continue to increase, making it more difficult for workers struggling to get the facility under control. Tokyo Electric Power Company says radiation levels at the nuclear reactor […] Continue Reading…
New York City’s Economic Development Corporation is hosting a weeklong program, trying to sell property to Chinese companies.
It’s another sign that the economy is not recovering. Real estate agents can’t sell enough property to U.S. companies, so they’re trying to get the rich Chinese to buy it.
Several Chinese businesses have already opened New York […] Continue Reading…
Several banking officials in China, have stated that they Chinese government needs to “reduce” and “diversify” their foreign currency holdings.
Tang Shuangning, chairman of China Everbright Group said China must reduce its excessive foreign exchange reserves and further diversify its holdings.
Zhou Xiaochuan, governor of China’s central bank, said that China’s foreign exchange reserves “exceed […] Continue Reading…