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"Japan gov’t worried reactor buildings are in danger of collapse — 'We must devise some ways' to reinforce structures despite high radiation"...


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#101 Bob-C

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Posted 29 May 2011 - 03:25 PM

Hi everyone, according to a report from enenews.com, "Fukushima nuclear plant is 'leaking like a sieve' May 29th, 2011 at 01:19 PM." The report explains:

Leaks have been a persistent problem at the plant since it was struck by an earthquake and tsunami on 11 March. Three reactors operating at the time of the quake went into meltdown after the tsunami wiped out emergency generators designed to circulate water through the cores. TEPCO recently admitted that all three units probably suffered complete meltdowns before workers could flood them with seawater. [...]

[T]oday Reuters reports that the storage tanks appear to be leaking.

And that's just the start of the bad news because the reactors themselves appear to be leaking as well. TEPCO initially hoped that the leaks were largely coming from pipes that could be repaired, but they now concede that both the reactors' pressure vessels and primary containment vessels, which are designed to contain an accident, are probably leaking water. [...]

Given all these problems it may be no surprise that some scientists are simply floating the idea of turning Fukushima into a nuclear graveyard. It would be a simple solution, but given the plant's location on the coast, storing the waste there for millenia may be unrealistic.


Bob-C


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#102 Bob-C

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Posted 29 May 2011 - 09:05 PM

Hi everyone, according to a report from enenews.com, "TEPCO waited for morning to work on broken Reactor No. 5 cooling system 'rather than to start working while it's dark' May 29th, 2011 at 09:42 PM." The report explains:

Pump failure nearly brings No. 5 to a boil, Japan Times, May 30, 2011:

The seawater pump in the cooling system for the Fukushima power plant's No. 5 reactor broke down Saturday evening [...] at 9 p.m. [...]

Tepco began setting up the backup pump at 8 a.m. Sunday. Matsumoto said Tepco didn't start until morning because the temperatures of both facilities were rising slowly and an emergency water-injection system was available for unit 5.

"We judged that it's better to wait for the morning, rather than to start working while it's dark. We didn't think it would pose any immediate danger," [TEPCO spokesman Junichi] Matsumoto said.


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Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#103 Echo

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Posted 29 May 2011 - 10:42 PM

Hi Bob, here is an update on our hurricaine which is now a tropical depression. It appears to be some distance away from Fukushima, thank goodness. http://www.wundergro...t...p;ft=0&sl=0

You have a great weekend too and a very successful week trading.

Doc

#104 Bob-C

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Posted 30 May 2011 - 04:29 AM

Hi Bob, here is an update on our hurricaine which is now a tropical depression. It appears to be some distance away from Fukushima, thank goodness. http://www.wundergro...t...p;ft=0&sl=0

You have a great weekend too and a very successful week trading.

Doc


Hi Doc, always great to hear from you, thanks a lot for taking the time to provide an update about hurricane Songda which is now a TD. :) It's good to hear that the hurricane is now a tropical depression and less threatening. Here is the latest news from Fukishima according to a report from enenews.com, "Tweet from PR officer at Japan Red Cross: 'Landslides and floods are happening in Fukushima' — 'Tokyo is crystal clear"' May 30th, 2011 at 12:35 AM." The report states:

Tweet via @sayaJRCS (Tokyo), May 30, 2011 at 12:15 am EDT:

日本赤十字社の広報を担当しています。 I'm a PR officer at Japanese Red Cross Society



Tokyo is crystal clear now. But landslides and floods are happening in Fukushima. Some family living near the mountains have to evacuate.


Another report from enenews.com states:

Deluge could spread Fukushima radiation, ABC Australia by Mark Willacy, May 30, 2011:

There are fears a tropical storm off the coast of Japan could wash radioactive material from the crippled Fukushima nuclear plant into the air and sea. [...] the Fukushima area [is] forecast to experience a deluge.

The plant's operator, Tokyo Electric Power Company (TEPCO), has apologised for not being prepared for the bad weather. [...]

TEPCO and the Japanese government both fear contamination could be washed out of the uncovered reactor buildings.


BtW, I'm glad that you and yours are OK and apparently safe. :)

Best to you and yours,

Bob


Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#105 Bob-C

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Posted 30 May 2011 - 05:11 PM

Hi everyone, according to a report from enenews.com, "TEPCO official admits there will be 'major delay' to contain crisis because of triple meltdown — Stabilizing reactors by start of 2012 may be 'impossible'May 30th, 2011 at 07:51 AM." The report explains:

Stabilizing reactors by year’s end may be impossible: Tepco, Kyodo, May 30, 2011:

Stabilizing the crisis at the Fukushima No. 1 power plant by the end of the year may be impossible, senior officials at Tokyo Electric Power Co. said Sunday [...]

The confirmation of core meltdowns hitting reactors 1 through 3, accompanied by breaches to the critical pressure vessels that hold the nuclear fuel, has led officials to believe that “there will be a major delay to work” to contain the situation, one official said. [...]

But “the nine months is just a target deadline for which we are making efforts,” a senior Tepco official said [...]

Given that the contaminated water has leaked from the No. 1 reactor’s containment vessel, a Tepco official said, “We must first determine where it is leaking and seal it.” [...]


Bob-C


Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#106 Bob-C

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Posted 30 May 2011 - 09:56 PM

Hi everyone, according to a report from enenews.com, "Fukushima risks Chernobyl ‘Dead Zone’ — Over 5,000,000 becquerels per square meter of Cesium-137 outside 20 km zone May 30th, 2011 at 11:11 AM." The report states:

Fukushima Risks Chernobyl ‘Dead Zone’, Bloomberg by Yuriy Humber and Stuart Biggs, May 30, 2011:

Radioactive soil in pockets of areas near Japan’s crippled nuclear plant have reached the same level as Chernobyl, where a “dead zone” remains 25 years after the reactor in the former Soviet Union exploded. [...]

Soil samples showed one site with radiation from Cesium-137 exceeding 5 million becquerels per square meter about 25 kilometers to the northwest of the Fukushima plant, according to Kawata’s study. Five more sites about 30 kilometers from Dai- Ichi showed radiation exceeding 1.48 million becquerels per square meter. [...]


Bob-C


Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#107 Echo

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Posted 31 May 2011 - 12:22 AM

Hi Bob and everyone, according to Nikkei.com http://e.nikkei.com/...531D3ZJF379.htm, all these developments you have been posting appear to be taking their toll on the Japanese economy.


Moody's Puts Japan Aa2 Rating On Review For Possible Downgrade

TOKYO (Dow Jones)--Moody's Investors Service said Tuesday it was placing Japan's sovereign debt ratings on review for a possible downgrade, as the government continues to struggle in the face of political deadlock over fiscal consolidation and how to finance reconstruction efforts from the March 11 disaster.

Moody's said it was reviewing Japan's Aa2 local and foreign currency bond ratings, to which it assigned a negative outlook Feb. 22.

It said the review was prompted by "heightened concern that faltering economic growth prospects and a weak policy response would make more challenging the government's ability to fashion and achieve a credible deficit reduction target."

It said that without fiscal consolidation, Japan's debt level "will rise inexorably from a level which already is well above that of other advanced economies."

Japan's gross debt burden is already above 200% by most measures, the highest among industrialized nations.

The Moody's announcement follows action by Fitch Ratings on Friday, who said it was assigning a negative outlook to its AA- rating. Standard & Poor's also has a negative outlook on its AA- rating.


Doc

#108 Bob-C

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Posted 31 May 2011 - 01:12 AM

Hi Bob and everyone, according to Nikkei.com http://e.nikkei.com/...531D3ZJF379.htm, all these developments you have been posting appear to be taking their toll on the Japanese economy.


Moody's Puts Japan Aa2 Rating On Review For Possible Downgrade

TOKYO (Dow Jones)--Moody's Investors Service said Tuesday it was placing Japan's sovereign debt ratings on review for a possible downgrade, as the government continues to struggle in the face of political deadlock over fiscal consolidation and how to finance reconstruction efforts from the March 11 disaster.

Moody's said it was reviewing Japan's Aa2 local and foreign currency bond ratings, to which it assigned a negative outlook Feb. 22.

It said the review was prompted by "heightened concern that faltering economic growth prospects and a weak policy response would make more challenging the government's ability to fashion and achieve a credible deficit reduction target."

It said that without fiscal consolidation, Japan's debt level "will rise inexorably from a level which already is well above that of other advanced economies."

Japan's gross debt burden is already above 200% by most measures, the highest among industrialized nations.

The Moody's announcement follows action by Fitch Ratings on Friday, who said it was assigning a negative outlook to its AA- rating. Standard & Poor's also has a negative outlook on its AA- rating.


Doc



Hi Doc, thanks for the important update about Japan's economy. Keep up your good work. :)

Best,

Bob
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#109 Bob-C

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Posted 31 May 2011 - 09:24 AM

Hi everyone, according to a report from enenews.com, "Explosion heard near heavily damaged No. 4 reactor May 31st, 2011 at 09:51 AM." The report states:

Sound Of Explosion Heard At Fukushima Daiichi Nuclear Plant -Kyodo, Dow Jones, May 31, 2011:

[T]he sound of an explosion was heard at the Fukushima Daiichi nuclear complex, but radiation levels haven’t increased and no injuries were reported, Kyodo News reported. [...]

Tepco said it was possible that a machine ruptured a buried gas tank, causing the explosion, the report said.

Reuters.jp translation: A nuclear explosion in the vicinity of Unit 4, Fukushima, Tokyo Electric Power No change in dose


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Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#110 Bob-C

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Posted 31 May 2011 - 01:33 PM

Hi everyone, according to a report from http://www.telegraph...00-victims.html by Julian Ryall in Tokyo 8:42PM BST 30 May 2011 entitled, "Japan fails in promise to rehouse 30,000 victims,"

The Japanese government has failed to live up to its promise to provide 30,000 temporary housing units for people who lost their homes in the March 11 earthquake and tsunami, or who have been evacuated from villages close to the Fukushima Dai-Ichi nuclear plant.


Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.