“Our economy is in a severe state.”-Masaaki Shirakawa, Bank of Japan
The Bank of Japan is struggling to figure out how to pull Japan’s economy out of the dumps after the March 11 disasters. Officials now admit the economic situation is worse than first thought.
One analyst pointed out that Japan was already in a recession, […] Continue Reading…
It just doesn’t stop, since April 8, Japan has been hit with dozens of aftershocks of 5.0 or bigger, including two 7.0 quakes.
In the past few hours Japan has been hit with several large aftershocks, and they’re spread all over the big island of Honshu. The latest aftershock hit Fukushima and Ibaraki Prefectures, magnitude […] Continue Reading…
“We are concerned that Iran will try to undertake transactions related to the proliferation of weapons, evading the provisions of Security Council of the United Nations.”-U.S. Embassy cable 226556, September 2009.
The latest documents released by WikiLeaks shows the U.S. fearful of Ecuadorian ties to Iran, and that the U.S. considered Ecuador’s […] Continue Reading…
The Bolivian government will nationalize all gas stations within 50km (31 miles) of their border. The move is part of the new Law on Development and Security.
About 30 gas stations are within the 50km nationalization zone.
Bolivia is surrounded by Brazil, Paraguay, Argentina, Chile and Peru.
The government said they are in the process of negotiating […] Continue Reading…
“The Japan-U.S. alliance could collapse, completely contrary to [the recent trend of] being strengthened.”-Nagashima Akihisa, Democratic Party of Japan House of Representatives
The Daily Yomiuri is reporting that from the beginning, U.S. offers of help with the nuke crisis at Fukushima Daiichi, were given the cold shoulder by Japan’s government.
‘‘Neither the government nor we would be able to say it is okay to operate (the reactors) unless it is confirmed that they would be able to handle (accidents) in light of the latest findings.’’-Mizoguchi Zembee, Governor of Shimane Prefecture
Chugoku Electric Power Company (CEPCo) runs the Shimane nuclear power plant, and, apparently they have […] Continue Reading…
”The radiation leak has not stopped completely and our concern is that the amount of leakage could eventually reach that of Chernobyl or exceed it.”-Official statement from Tokyo Electric Power Company
Nuclear and Industrial Safety Agency says most of the radioactive material spewed from the Fukushima Daiichi nuclear plant is coming from Reactor 2. Reactor […] Continue Reading…
Kyodo News says Fukushima Daiichi nuclear power plant was on fire.
Tokyo Electric Power Company said the fire occurred in a huge battery storage box near a water outlet of Reactor 4. The fire was spotted by a worker, and put out. The cause of the fire is being investigated.
An aftershock in the low 5 range hit yet another part of eastern Japan, tonight (Tuesday morning Japan time). Several rail lines have been shut down for possible damage.