Japan earthquake
Live updates of developments after the earthquake and tsunami in Japan, selected by Reuters.com editors and readers. To see updates from Reuters only, click "Options" and turn off comments.
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Here is a list of estimated landfall times on the west coast and such... tried to post before, but my comment disappeared. wcatwc.arh.noaa.gov
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According to the Japanese papers and BBC the 4 closest to the epicentre are properly shut down, but there is a warning out and the PM has issued a state of emergency. The chief of the section has said that they are doing everything they can to make sure there are no leaks. -
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Details of emergency numbers, public shelters etc. from Time Out: www.timeout.jp -
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Japan advice from Foreign Office: www.fco.gov.uk
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We're getting lots of questions regarding a state of emergency at the Fukushima Daiichi nuclear plant. Japan's Chief Cabinet Secretary, Yukio Edano, told a news conference the state of emergency was issued as a precaution and there is no radioactive leakage at the plant. A cooling function is not working and workers at the plant are trying to get backup power working.
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Hawaii orders evacuations: uk.reuters.com
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Houses swept out to sea burn following a tsunami and earthquake in Natori City in northeastern Japan March 11, 2011. The biggest earthquake to hit Japan since records began 140 years ago struck the northeast coast on Friday, triggering a 10-metre tsunami that swept away everything in its path, including houses, ships, cars and farm buildings on fire. REUTERS/YOMIURI
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Houses and cars are swept out to sea in Kesennuma city March 11, 2011.The biggest earthquake to hit Japan since records began 140 years ago struck the northeast coast on Friday, triggering a 10-metre tsunami that swept away everything in its path, including houses, ships, cars and farm buildings on fire. REUTERS/YOMIURI
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Here's what we're reporting on likely economic impact:
"Stocks will probably fall on Monday, especially of those companies, that have factories in the affected areas, but on the whole the sell-off will likely be short-lived," said Mitsuhsige Akino, a fund manager at IchiyoshiInvestment Management.
Bond futures surged on worries the widespread damage would put further pressure on the already sputtering economy, while the most active gold contract on the Tokyo Commodity Exchange, February 2012, inched higher.
"We still don't know the full scale of the damage, but considering what happened after the earthquake in Kobe, this will certainly lead the government to compile an emergency budget. We can expect consumption to fall. This could temporarily pull down gross domestic product," Yamamoto said. -
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The reports on the power plant are alarming. The core has to be continually cooled even after removal. It is hard to accept that a "power problem" is preventing them from operating the pump. Something else must be wrong with the pumping system. I don't know much about Japanese reactor design, but I am very concerned an uncooled core will eventually superheat the coolant and explode. If I were them, I would evacuate the area.
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Australian government is not evacuating Australian health workers on low Pacific islands north of Australia. They have told the health workers that they are not in any danger. At least one health worker is taking a sleeping pill in hope that if their 8 metre high island is awash, she will not know the horror.
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We're quoting Kyodo on ship sinking: www.reuters.com
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