Monday, March 21, 2011

JAPAN - A nuclear crisis may hide a financial crisis

In its evening edition dated March 15, the daily Tokyo is obviously worrying about the situation at the plant in Fukushima Daiichi. "The level of radioactivity reached an abnormal level," says the business newspaper, recalling the advice given by the authorities, asking people in a radius of 30 km around the plant to remain housebound.

The consequences of the earthquake and the nuclear crisis on the Tokyo Stock Exchange are also one of the newspaper. The Nikkei index plummeted by 10.55% in just one day on Tuesday - a drop greater than had been recorded at the outbreak of the financial crisis in 2008, the newspaper said.

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