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Fukushima

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Level 7
Shares plunged across Europe, Asia and the United States on Tuesday as the crisis at the Fukushima Daiichi nuclear plant deepened and Japan’s Nuclear and Industrial Safety Agency raised its radiological event scale to its highest level. Conditions at the stricken facility have steadily deteriorated despite the valiant efforts of emergency workers. The station continues... Read More
Radiation Found in Rainwater From California to Massachusetts
Three of the six nuclear reactors at Fukushima Daiichi nuclear plant have partially melted down and plutonium is seeping into the soil outside. Plutonium is less volatile than other radioactive elements like iodine or cesium, but it's also more deadly. According to Business Week, "When plutonium decays, it emits what is known as an alpha... Read More
The Doomsday Scenario
Conditions at the Fukushima Daiichi nuclear plant are deteriorating and the doomsday scenario is beginning to unfold. On Sunday, Tokyo Electric Power Co. (TEPCO) officials reported that the levels of radiation leaking into seawater at the Unit 2 reactor were 100,000 times above normal, and the airborne radiation measured 4-times higher than government limits. As... Read More
The Fire This Time
News of a third explosion at the Fukushima nuclear power plant sent stocks plunging on the Nikkei exchange which dropped 1,015 points on the session. After 2 days of battering, the stock index is off more than 1,600 points in its worst performance since Lehman Brothers failed in September 2008. Japanese Prime Minister Naoto Kan... Read More
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