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13 Mar 2011 11:16

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World: Japan’s economy may struggle to bounce back from crisis

  • 1995 Despite the very large Kobe quake, which at a $100 billion was the costliest quake in history, Japan’s economy bounced back relatively quickly without any serious long-term effects. The quake killed 6,000 people in one fell swoop.
  • 2011 Japan has the largest public debt ratio for a country of its advanced makeup – double its $5 trillion GDP – and its economy was already struggling before the quake even happened. Plus, the nuclear trouble adds another dimension. source
Posted by Ernie Smith • 0 Comments • Permalink

13 Mar 2011 10:58

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World: Japan PM: The worst crisis “in Japan’s 65 years of postwar history”

  • This is the toughest crisis in Japan’s 65 years of postwar history. I’m convinced that we can overcome the crisis.
  • Japanese Prime Minister Naoto Kan • Speaking about the current crisis. ”We have no choice but to deal with the situation on the premise that it (the death toll) will undoubtedly be numbered in the ten thousands,” he continued. Kan’s statements come amid reports of many thousands of people missing. source
Posted by Ernie Smith • 0 Comments • Permalink

12 Mar 2011 22:19

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World: Fukushima meltdown: Low level radiation leaks, iodine distributed to locals

  • All right, everyone, here’s where we’re at. Radiation has leaked from the Fukushima nuclear power plant in Japan. This is bad. However, it’s apparently not as bad as it could be, because the reactor core container itself wasn’t damaged. Furthermore, the mist hovering above the plant implies that radiation levels are low-ish. Officials are ranking it as less serious than both the Three Mile Island meltdown and the Chernobyl disaster. Nuclear meltdowns are ranked on a scale of 1-7; Three Mile Island was a 5, Chernobyl was a 7, and this one is currently being pegged as a 4. However, they’re nevertheless distributing iodine to the locals, which helps prevent the thyroid cancer that can result from radiation exposure. We’ll keep you posted as more news comes. source
Posted by Seth Millstein • 0 Comments • Permalink

12 Mar 2011 18:37

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U.S.: Fukushima: Dozens of people could’ve been exposed to radiation

  • 160 people are at risk of radiation according to the Japan Nuclear and Industrial Safety Agency
  • nine people have shown signs of radiation so far, based on early tests by multiple authorities source
Posted by Ernie Smith • 0 Comments • Permalink

12 Mar 2011 15:22

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World: Fukushima update: Some people have tested positive for radiation

  • 50k number of people who officials evacuated to prevent further radiation exposure
  • 90 residents near the Fukushima reactor site tested randomly for radiation exposure
  • three of those people tested positive for very high levels – this could be bad, guys source
Posted by Ernie Smith • 0 Comments • Permalink

12 Mar 2011 14:40

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World: ShortFormBlog Summary Sandwich: Japan Earthquake day two

Posted by Ernie Smith • 0 Comments • Permalink

12 Mar 2011 11:23

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World: Japan quake: Thousands missing in Minamisanriku ALONE

  • 9,500 people are missing in Minamisanriku: CNN source
Posted by Ernie Smith • 0 Comments • Permalink
 

12 Mar 2011 10:09

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World: Update: The latest Japan earthquake death toll numbers*

  • 637 the current official death toll after yesterday’s quake and tsunami
  • 653 the number of people  missing after the quake broke out in Japan
  • 400+ bodies have been found but are unaccounted for in the totals source
  • * Editor’s note: Please take heed of the note we made last night on death tolls for the current quake. The devastation is just too wide for specific numbers right now.
Posted by Ernie Smith • 0 Comments • Permalink

12 Mar 2011 08:50

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World: Japan quake: Why Twitter rumors are particularly unhelpful right now

  • And this is what we hate about social media. In the fact of grave international tragedy, real media sources have to spend time writing stories to debunk (or in this case, point out) completely unhelpful claims propagated by misguided Miley Cyrus fans. It’s to Twitter’s discredit that it’s the top item that pops up when you hop into Twitter’s search for “#tsunami.” source
Posted by Ernie Smith • 0 Comments • Permalink

12 Mar 2011 08:34

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World: Fukushima blast: Sea water the coolant of choice for reactor

  • We’ve decided to fill the reactor container with sea water. Trade minister Kaieda has instructed us to do so. By doing this, we will use boric acid to prevent criticality.
  • Japanese Chief Cabinet Secretary Yukio Edano • Explaining what will happen next in the wake of the Fukushima blast in Japan. For what its worth, Edano says that, although there was an explosion, it didn’t affect the core reactor. “The nuclear reactor is surrounded by a steel reactor container, which is then surrounded by a concrete building,” he said. “The concrete building collapsed. We found out that the reactor container inside didn’t explode.” Sea water, eh? Interesting coolant choice. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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