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Tokyo Electric says $24 billion loans not enough
TOKYO (Reuters) – Tokyo Electric Power warned on Wednesday that a $24 billion bank loan was not enough to keep it afloat and pay for Japan’s worst nuclear disaster, adding to expectations the government will step in to bail out the stricken company. Asia’s largest utility, whose share price has crashed nearly…
BP managers may face manslaughter charges: report
Managers who were onboard the doomed Deepwater Horizon oil rig may face manslaughter charges over the deaths of 11 workers in last year’s mega-disaster that swamped the Gulf of Mexico with tar and crude. “People familiar with the matter” reportedly informed Bloomberg News of the possible charges. They also said…
Oldest US nuclear reactor: a ‘disaster’ in waiting?
LACEY, New Jersey — A sleepy New Jersey town has popped onto people’s radar screens because it has the oldest running nuclear power plant in the United States — and, some say, the most dangerous. Named for a Revolutionary War general, Lacey is the kind of American town that few…
Oldest US nuclear reactor: a ‘disaster’ in waiting?
LACEY, New Jersey – A sleepy New Jersey town has popped onto people’s radar screens because it has the oldest running nuclear power plant in the United States — and, some say, the most dangerous. Named for a Revolutionary War general, Lacey is the kind of American town that few…
Japan quake damage to cost up to $309 bn: govt
OSAKA (AFP) – Japan on Wednesday said the cost of the March 11 earthquake and tsunami could hit 25 trillion yen ($309 billion), double the Kobe quake and nearly four times more than Hurricane Katrina. The total cost from collapse or damage to houses, factories and infrastructure such as roads…
Tokyo at risk: Can megacities cope with disaster?
PARIS (AFP) – The cascade of catastrophe that has befallen Japan highlights the vulnerability of megacities to disaster, including fallout from a nuclear accident, say experts on urban risk. Greater Tokyo, home to 35 million people, mostly escaped the devastation wrought by the March 11 9.0-magnitude earthquake and tsunami that…
20,000 dead, missing in Japan crisis
KITAKAMI, Japan (AFP) – Crews fighting to cool reactors at Japan’s stricken nuclear plant struggled Sunday to switch partial power back on after a natural disaster that has left more than 20,000 people dead or missing. The discovery of radiation in foodstuffs in regions around the plant, and of traces…
Prince William stunned by damage in Christchurch after the quake
by Marty Melville CHRISTCHURCH, New Zealand (AFP) – Prince William expressed his shock at the devastation in earthquake-hit Christchurch Thursday after traipsing in the rubble to inspect the stricken New Zealand city first-hand. “It’s just so sad,” the Prince said as he surveyed teetering buildings in the city centre, which…
Rush Limbaugh: Media exaggerates Japan disaster
WASHINGTON – Right-wing US radio host Rush Limbaugh said on his show Wednesday that the media is overplaying the nuclear crisis in Japan after last week’s 9.0-magnitude earthquake and tsunami. “We have all these people on the media who we’ve never heard of, never heard from ever before, making calls…
Workers try to restore power at Japan nuclear plant
SENDAI, Japan – Japanese engineers were Thursday focusing their efforts on restoring the power supply to a quake-damaged nuclear plant in an attempt to reactivate its cooling system and avert a meltdown. Last Friday’s massive earthquake and tsunami knocked out the power supply and back-up generators at the Fukushima No.…
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