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Monday, 14 March 2011 - Blast strikes Japan plant, core safe |
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    Edition: U.S.   Article Comments (10) Slideshow Video Interactive Full Focus Photos of the week Our top photos from the past week.  Full Article  Follow Reuters Analyst Research Report Title Price ValuEngine Detailed Valuation Report for TM Provider: ValuEngine, Inc. $25.0 Buy TOYOTA MOTOR CP ADS (TM=US) 2-weeks forecast Provider: Pechala's Reports $10.0 Buy TOYOTA MOTOR CP ADS (TM=US) 12-months forecast Provider: Pechala's Reports $15.0 Buy TOYOTA MOTOR CORP: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis. Provider: Reuters Investment Profile $20.0 Buy TOYOTA MOTOR CORP: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis. Provider: Reuters Investment Profile $10.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Blast strikes Japan plant, core safe Tweet Share this Link this By Taiga Uranaka and Ki Joon Kwon FUKUSHIMA, Japan (Reuters) - A hydrogen explosion rocked the earthquake-stricken nuclear plant in Japan where authorities have been working desperately to avert a meltdown, compounding a nuclear catastrophe caused... Email Print Factboxes Aid and rescue offers for Japan quake 2:25am EDT Travel warnings after Japan's earthquake Sun, Mar 13 2011 Related News U.S. warships and planes move from Japan's nuclear-crisis coast 12:46am EDT Explosion at Japan thermal power plant in Fukushima: Jiji 2:29am EDT Cooling functions stop at Japan nuclear reactor: Jiji 2:29am EDT Snapshot: Developments after major Japan earthquake 2:21am EDT Timeline: Japan's unfolding nuclear crisis 12:52am EDT Snap analysis: Protective walls critical to averting Japan 2:52am EDT International rescue effort gathers pace in quake-hit Japan 12:39am EDT Analysis: Seawater helps but Japan nuclear crisis is not over Sun, Mar 13 2011 Q+A: Japan to seek low-sulphur oil as replacement utility fuel Sun, Mar 13 2011 With thousands missing, survivors seek loved ones in Japan 12:24am EDT Confusion and concern reign in Tokyo as nuclear crisis builds 2:35am EDT Analysis & Opinion Tragic quake may add to inflation pressures Impact of earthquakes, natural disasters on economic growth in Japan Related Topics World » Japan » Natural Disasters » Stocks     Related Video Japan's nuclear crisis deepens Sun, Mar 13 2011 Dramatic tsunami video Prime Minister: Japan will overcome crisis Cleanup begins in Japan after quake Rescue operation in Sendai Related Interactive Pacific Tsunami 1 / 24 Smoke rises from Fukushima Daiichi nuclear power complex in this still image from video footage March 14, 2011. Credit: Reuters/NTV via Reuters TV By Taiga Uranaka and Ki Joon Kwon FUKUSHIMA, Japan | Mon Mar 14, 2011 3:28am EDT FUKUSHIMA, Japan (Reuters) - A hydrogen explosion rocked the earthquake-stricken nuclear plant in Japan where authorities have been working desperately to avert a meltdown, compounding a nuclear catastrophe caused by Friday's massive quake and tsunami. Japan, already saddled with debts twice the size of its $5 trillion economy, faces blackouts to conserve energy after the disaster, possible credit downgrades and the government is discussing a temporary tax rise to fund relief work. The stock market plunged over 6 percent and one economist put the cost of the disaster at between 14 trillion yen ($171 billion) and 15 trillion yen just to the quake-hit region. Engineers and rescuers battled through the weekend to prevent a nuclear catastrophe and to care for the millions without power or water in its worst crisis since World War Two, after the earthquake and tsunami that likely killed more than 10,000 people. Kyodo news agency said 2,000 bodies had been found on the shores of Miyagi prefecture, which took the brunt of the tsunami. The core container of the No. 3 reactor was intact after the explosion, the government said, but it warned those still in the 20-km (13-mile) evacuation zone to stay indoors. The plant operator, Tokyo Electric Power Co (TEPCO), said 11 people had been injured in the blast. Jiji news agency said seven people, six of them soldiers, were missing. A Japanese official said before the blast 22 people had been confirmed to have suffered radiation contamination and up to 190 may have been exposed. Workers in protective clothing used hand-held scanners to check people arriving at evacuation centers. U.S. warships and planes helping with relief efforts moved away from the coast temporarily because of low-level radiation. The U.S. Seventh Fleet described the move as precautionary. Almost 2 million households were without power in the north, the government said. There were about 1.4 million without running water. The government had warned of a possible explosion at the No. 3 reactor because of the buildup of hydrogen in the building housing the reactor. TV images showed smoke rising from the Fukushima facility, 240 km (150 miles) north of Tokyo. TEPCO had earlier halted injection of sea water into the reactor, resulting in a rise in radiation levels and pressure. The government had warned that an explosion was possible because of the buildup of hydrogen in the building housing the reactor. An explosion blew the roof off the No. I reactor building on Saturday. "I was having lunch at a restaurant when I saw the news of the explosion at unit 3," said Mikiko Amano, 55, who was at her home a few km from the plant. "It only raised my distrust in TEPCO... The company has been saying such a thing would not happen." A badly wounded nation has seen whole villages and towns wiped off the map by a wall of water, triggering an international humanitarian effort of epic proportions. 1 2 3 Next World Japan Natural Disasters Tweet this Share this Link this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (10) Life1 wrote: @nowyoudoneit: now you went and done it by writing the most ridiculous comment in the history of this website……. Ever heard of Hiroshima???? Nagasaki??????????? Can’t put enough ?’s as you’re clearly lost….. Mar 13, 2011 10:20pm EDT  --  Report as abuse brakedrum wrote: Indeed. I wonder too why no major press in the world is talking about how this power plant began using recycled weapons grade plutonium based fuel, or MOX. They made this fuel switch to MOX last September at this very nuclear power plant. According to information available, the MOX fueled reactors are 10 times as likely to get out of control during an upset, and the radioactive contamination is 2 million times more dangerous than conventional nuclear power plant fuel. Also, getting iodine shots wont help anybody cantaminated with MOX. This is really bad, a much worse situation that they are saying. Mar 13, 2011 10:23pm EDT  --  Report as abuse 12marco wrote: It would be interesting to find out if the General Electric design of BWR (Boiling Water Reator) cooling system used at Fukushima is faulty. Mar 13, 2011 10:36pm EDT  --  Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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