Showing posts with label world bank. Show all posts
Showing posts with label world bank. Show all posts

Thursday, March 24, 2011

Tokyo:World Health Organisation Report

 World Health Organisation said on Monday that radiation in food after an earthquake damaged Japanese nuclear plant was more serious than previously thought, eclipsing signs of progress in a battle to avert a catastrophic meltdown in the reactors.
Engineers managed to rig power cables to all six reactors at the Fukushima complex, 240 km north of Tokyo, and started a water pump at one of them to reverse the overheating that has triggered the world’s worst nuclear crisis in 25 years.
Some workers were later evacuated from one of the most badly damaged reactors when gray smoke rose from the site. There was no immediate explanation for the smoke, but authorities had said earlier that pressure was building up at the No. 3 reactor.
The amount of smoke later receded and Japan’s nuclear safety agency said there was no significant change in radiation levels at the site.
The March 11 earthquake and tsunami left more than 21,000 people dead or missing and will cost an already beleaguered economy some $250 billion, making it the world’s costliest ever natural disaster.
However, he said there was no evidence of contaminated food from Fukushima reaching other countries.

Tap water
Japan’s health ministry has urged some residents near the plant to stop drinking tap water after high levels of radioactive iodine were detected.
Cases of contaminated vegetables and milk have already stoked anxiety despite assurances from officials that the levels are not dangerous. The government has prohibited the sale of raw milk from Fukushima prefecture and spinach from a nearby area.
There were no major reports of contaminated food in Tokyo, a city of about 13 million people. City officials however said higher-than-standard levels of iodine were found in an edible form of chrysanthemum.
Japan is a net importer of food, but has substantial exports – mainly fruit, vegetables, dairy products and seafood – with its biggest markets in Hong Kong, China and the United States.
The prospects of a nuclear power plant meltdown in the world’s third-biggest economy and its key position in global supply chains rattled investors worldwide last week and prompted rare joint currency intervention by the G7 group of rich nations to stabilise markets.
Tokyo’s markets were closed for a holiday on Monday. The Nikkei index shed 10 per cent last week, wiping $350 billion off market capitalisation, and at one point had lost as much as 20 per cent in value.

In a much-needed boost for the battered market, billionaire investor Warren Buffett said the earthquake and tsunami were an “enormous blow” but should not prompt the selling of Japanese shares. Instead, he called events a “buying opportunity”.
Situation critical at plant
At Fukushima, 300 engineers have worked around the clock inside an evacuation zone to contain the worst nuclear accident since Chernobyl, Ukraine, in 1986.

FUKUSHIMA:The world bank report

The World Bank said in report Monday that Japan may need five years to rebuild from the catastrophic disasters, which caused up to $235 billion in damage, saying the cost to private insurers will be up to $33 billion and that the government will spend $12 billion on reconstruction in the current national budget and much more later.
 The toll of Japan’s triple disaster came into clearer focus Monday after police estimates showed more than 18,000 people died, the World Bank said rebuilding may cost $235 billion and more cases of radiation-tainted vegetables and tap water turned up.
Japanese officials reported progress over the weekend in their battle to gain control over a nuclear complex that began leaking radiation after suffering quake and tsunami damage, though the crisis was far from over, with a dangerous new surge in pressure reported in one of the plant’s six reactors.
The announcement by Japan’s Health Ministry late Sunday that tests had detected excess amounts of radioactive elements on canola and chrysanthemum greens marked a low moment in a day that had been peppered with bits of positive news: First, a teenager and his grandmother were found alive nine days after being trapped in their earthquake-shattered home. Then, the operator of the overheated nuclear plant said two of the six reactor units were safely cooled down.
The safety of food and water was of particular concern. The government halted shipments of spinach from one area and raw milk from another near the nuclear plant after tests found iodine exceeded safety limits. Tokyo’s tap water, where iodine turned up Friday, now has cesium. Rain and dust are also tainted.
Early Monday , the Health Ministry advised Iitate, a village of 6,000 people about 30 kilometers northwest of the Fukushima plant, not to drink tap water due to elevated levels of iodine. Ministry spokesman Takayuki Matsuda said iodine three times the normal level was detected there — about one twenty-sixth of the level of a chest X-ray in one liter of water.
In all cases, the government said the radiation levels were too small to pose an immediate health risk.
All six of the nuclear complex’s reactor units saw trouble after the disasters knocked out cooling systems. In a small advance, the plant’s operator declared Units 5 and 6 — the least troublesome — under control after their nuclear fuel storage pools cooled to safe levels. Progress was made to reconnect two other units to the electric grid and in pumping seawater to cool another reactor and replenish it and a sixth reactor’s storage pools.
Police in other parts of the disaster area declined to provide estimates, but confirmed about 3,400 deaths. Nationwide, official figures show the disasters killing more than 8,600 people, and leaving more than 13,200 people missing, but those two lists may have some overlap.

TOKYO:
 The official death toll from Japan’s devastating earthquake and tsunami has risen to 8,133 with 12,272 still missing.
Police earlier said they feared more than 15,000 people had died in one prefecture alone, Miyagi, in the March 11 disaster.
Some of the missing may have been out of the region at the time of the disaster. In addition, the massive power of the tsunami likely sucked many people out to sea. If the 2004 Indian Ocean tsunami is any guide, most of those bodies will not be found.