nuclear-news

Poor prospects for Australia’s uranium industry with Japan’s dire economic situation

Japan Earthquake Update: Economic Outlook Now Appears Dire Oil Price.com, By Mad Hedge Fund Trader | Tue, 17 January 2012 ”….Japan’s economic outlook now appears far more dire than I anticipated only a day ago….. The Tokyo Stock Exchange absolutely took it on the nose on Monday morning…… Prime Minister Naoko Kan has asked the Bank of Japan “to save the country.” The central bank responded promptly with ¥15 trillion, or $187 billion worth of credit
market purchases….

Uranium miners in Australia took a particular pounding, as the nuclear crisis casts a long shadow over this reviving energy source…. It looks like we are seeing the first multiple partial nuclear meltdowns in history…. Small amounts of low radiation cesium and iodine have already been released, which should be measurable on American roof tops in about ten days. Neighboring countries are enforcing radiation testing of all food imports from Japan….
http://oilprice.com/Finance/the-Markets/Emergency-Japan-Earthquake-Update-Economic-Outlook-Now-Appears-Dire.html

January 18, 2012 - Posted by Christina Macpherson | general