Institutional Investor (April 12)
“A silver lining was not what anyone expected to find in the radioactive cloud that fanned out from Japan’s Fukushima Daiichi nuclear plant following March 11’s devastating earthquake and tsunami.” Nevertheless, Institutional Investor believes ”the catastrophe may have been the catalyst the country needed to galvanize its stagnant economy and escape from decades of deflation.”
Tags: Deflation, Disaster, Earthquake, Japan, Radiation
Bloomberg (April 1)
Many concerns over radiation are overblown. In Tokyo, the highest radiation reading of 0.109 microsieverts per hour was taken yesterday in the Shinjuku district. This compares favorably with 0.14 microsieverts in Hong Kong’s Kowloon district. In fact, “many countries have naturally occurring radiation levels that exceed Tokyo’s.” Current radiation in Tokyo is “barely above levels in London and New York.”
Many concerns over radiation are overblown. In Tokyo, the highest radiation reading of 0.109 microsieverts per hour was taken yesterday in the Shinjuku district. This compares favorably with 0.14 microsieverts in Hong Kong’s Kowloon district. In fact, “many countries have naturally occurring radiation levels that exceed Tokyo’s.” Current radiation in Tokyo is “barely above levels in London and New York.”
