Friday, March 25, 2011

JAPAN - Yen, nuclear power and the emperor

Japan accumulates, says the business newspaper, which devotes its main title of the day to the sharp rise of the national currency. For the first time since April 1995, when the sarin gas attack in Tokyo subway, the dollar traded at 79 yen on 17 March. A trend that reflects the consequences of the earthquake of March 11, the series of incidents that occurred at the Fukushima Daiichi Nuclear Power Station and the disengagement of local investors in the markets at risk, the newspaper said.

It also addresses the current situation in Fukushima, explaining that technicians now favor the use of launch vehicles water to try to cool the reactors. Finally, he stressed the intervention of the emperor, who spoke March 16 earthquake victims in a video message, first message to the nation since his enthronement in 1989.

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