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Friday, 1 April 2011 - Japan crisis drags, France wants global nuclear reform |
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    Edition: U.S. Article Comments (0) Slideshow Video Full Focus Editor's choice A selection of our top photos from the past 24 hours.   Full Article  Follow Reuters Analyst Research Report Title Price Tokyo Electric Power Co Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis. Provider: Reuters Investment Profile $20.0 Buy Wright Investors Service Comprehensive Report for Tokyo Electric Power Company Incorporated (The) Provider: Wright Reports $75.0 Buy Wright Industry Averages: Energy, Oil, Gas and Electricity (Asia) Provider: Wright Reports $169.0 Buy Wright Industry Averages: Energy, Oil, Gas and Electricity (Global) Provider: Wright Reports $169.0 Buy Wright Investors Service Core Report for Tokyo Electric Power Company Incorporated (The) Provider: Wright Reports $23.0 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. Japan crisis drags, France wants global nuclear reform Tweet Share this By Kiyoshi Takenaka and Yoko Nishikawa TOKYO (Reuters) - Japan's nuclear and humanitarian crisis stretched to three weeks Friday with radiation still leaking from a crippled nuclear power plant, thousands of homeless people struggling to rebuild... Email Print Factbox Japan quake impact on energy, commodities and ports Thu, Mar 31 2011 Related News Japan trade min says govt yet to debate TEPCO Thu, Mar 31 2011 Snapshot: Japan's nuclear crisis 12:49am EDT Japan govt says evacuation of residents near damaged nuclear Thu, Mar 31 2011 Analysis & Opinion Tokyo nuclear firm protected, but not shareholders Japan’s material adverse change: from financings to M&A Related Topics World » Japan » Natural Disasters » Nuclear Power » Stocks     Related Video Japan urged to widen evacuation zone Thu, Mar 31 2011 Fukushima's nightlife disappears Seawater radiation rises 1 / 26 An overview shows the damage in the interior of reactor No. 4 at the Fukushima Daiichi nuclear power plant complex in this still image taken from a March 24, 2011 handout video released to Reuters on April 1, 2011. Japan will take control of Tokyo Electric Power Co, also known as TEPCO, the operator of a stricken nuclear plant, in the face of mounting public concerns over the crisis and a huge potential compensation bill, a local newspaper reported on Friday. TEPCO has come under fire for its handling of the emergency at its Fukushima Daiichi nuclear complex, triggered by a March 11 earthquake and tsunami that left more than 27,500 people dead or missing. Mandatory Credit Credit: Reuters/TEPCO Handout via Reuters TV By Kiyoshi Takenaka and Yoko Nishikawa TOKYO | Fri Apr 1, 2011 1:51am EDT TOKYO (Reuters) - Japan's nuclear and humanitarian crisis stretched to three weeks Friday with radiation still leaking from a crippled nuclear power plant, thousands of homeless people struggling to rebuild their lives, and little hope of a quick resolution to either. As Tokyo Electric Power Co tries to regain control of its stricken nuclear plant in the face of mounting public criticism and a huge potential compensation bill, the government was reportedly moving to take control of the utility. The government said it had yet to decide on how to support the utility, which is grappling with the world's worst nuclear crisis since the Chernobyl disaster in 1986 and may have to deal with compensation claims topping $130 billion according to one U.S. investment bank. Japan's Chief Cabinet Secretary Yukio Edano held his daily news briefing Friday having swapped his 'bosai fuku' emergency jacket for a suit for the first time since the early days of the disaster in an apparent effort to portray a return to normality, but angry Japanese see very little change. "We have changed our clothes to show that the government is stepping into the next stage toward restoration and reconstruction," said Edano. In the devastated northeast, many Japanese still see only the splintered remains of their homes and lives after a 9.0 magnitude earthquake and tsunami on March 11, leaving around 28,000 people dead or missing. Radiation 4,000 times the legal limit has been detected in seawater near the plant as contaminated water used to try and cool down reactor rods leaks or spills into the ocean, and high levels of radiation outside a 20 km (12 mile) exclusion zone has put pressure on Japan to widen the no-man's land. More than 172,400 people were still living in shelters around northeast Japan. Many devastated areas looked like a rubbish-strewn junkyard, with cars lodged in the side of toppled buildings and boats still high and dry on roads. More than 70,000 have been evacuated from the exclusion ring and another 136,000 who live in a 10-km (6-mile) zone beyond that have been encouraged to leave or to stay indoors. Despite his positive message, Edano said the evacuation of people from near the damaged Fukushima Daiichi complex, 240 km (150 miles) north of Tokyo, would be a "long-term" operation. Nuclear experts say it could take years, possibly decades to make the area around the plants safe. With thousands still missing and many areas off-limits to rescuers due to the high levels of radiation, Japanese and U.S. forces will soon begin a joint search for bodies. Prime Minister Naoto Kan is under enormous pressure as he struggles to manage Japan's toughest test since World War Two. The damage bill may top $300 billion, making it the world's costliest natural disaster, and raising concerns about the world's third-biggest economy. Japanese manufacturing activity slumped to a two-year low in March and posted the sharpest monthly fall on record as the quake and tsunami hit supply chains and output. 1 2 3 Next World Japan Natural Disasters Nuclear Power 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 (0) Be the first to comment on reuters.com. Add yours using the box above. 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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