Thursday, May 19, 2011

Alternative Energy - Japan Says Reactor Intact After Blast; BOJ Injects Cash




March 14 (Bloomberg) -- Bloomberg's Mark Barton and Mike Firn report on a second hydrogen explosion to rock an atomic plant north of Tokyo where fears of a possible meltdown threaten a region reeling from the nation's biggest earthquake and ensuing tsunami. Tokyo Electric Japan Power Co. said a meltdown remains possible after an explosion at the Fukushima Dai-Ichi No. 3 reactor. To shield the nation's economy from the effects of the quake, the Bank of Japan poured a record amount of cash into the financial system and doubled the size of their asset-purchase plan. Firn speaks from Fukushima prefecture north of Tokyo. (Source: Bloomberg)






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