Germany Closes Nuclear Plants, Cites Japan Event

Reuters is reporting that Angela Merkel, Germany’s Chancellor,  has suspended an agreement that was meant to delay the closing of Germany’s older nuclear plants.

Merkel points to the nuclear disaster unfolding in Japan as the reason. She has decided that Germany’s old nuclear plants need to be shut down, by their originally planned closure dates.  […] Continue Reading…

Japan Nuclear Reactor Safety Systems May Have Caused the Melt Down

NHK is presenting an official ‘explainer’ of why the nuclear safety and backup systems failed. I’ll try to put it simply.

1: Earthquake triggered automatic shut down procedures, which involves raising/exposing fuel rods. This still requires cooling of the rods.

2: Cooling of raised rods failed because main power supply cut. Back up generators came on, […] Continue Reading…

Japan Update: Reactor 2 Now Critical, More Quakes, Survivor’s Stories

200 plus aftershock/quakes greater than magnitude 5 have hit all over Japan (if I heard right, this was in a 24 hour period).  These are not just in the area of the main quake, but all over Japan, another sign of a major geological event.

At least half a million people are in emergency shelters. […] Continue Reading…

Bank of Japan Floods Economy with Cash, U.S. Bonds could Suffer

Bank of Japan officials are issuing millions in cash, into the Japanese economy.  This is due to the earthquake and tsunami destroying a major part of Japan’s infrastructure.

Major Japanese manufacturers have closed, mainly because employees and supplies can not get to the factories.  Farm lands have been destroyed by the tsunami.

Japan must focus on […] Continue Reading…

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