Japan PM offers to quit after nuclear crisis under control
Japanese Prime Minister Naoto Kan offered to resign once he had dealt with the worst of the country's nuclear crisis and tsunami disaster, cutting a deal with party rebels to avert defeat in a parliamentary no-confidence vote on Thursday.
Kan's offer to step down, probably in the autumn (Yeah, right.), was made just hours before the vote was due to take place and gives him time to prepare an extra budget to pay for the rebuilding cost of the March 11 disaster.
Kyodo news agency said the no-confidence motion was now certain to be voted down.
But even if he stays in office a few more months, a weakened Kan will struggle to forge deals with a feisty opposition in a divided parliament and may not be able to make much progress on tax and social security reforms needed to contain the country's bulging public debt.
"From both Japanese and foreign investors' point of view, now is not the time for political turmoil," said Yasuo Yamamoto, a senior economist at Mizuho Research Institute.
"Japan has various issues it needs to address swiftly -- not only reconstruction, but also tax and social security reform, TPP (Transpacific Partnership trade initiative) and an energy policy which requires political initiative."
#Radiation in Japan: 2 Drugs to Help Expel Plutonium from Body to Be Approved in July From Ex-SKF via Rense.
It seems like an oblique way for the Japanese government to admit plutonium (and other transuranium elements such as americium and curium) has been released from Fukushima I Nuclear Power Plant and dispersed in wide enough areas to warrant a very quick approval of drugs that expel them from the body.
Nikkei falls sharply on Japan political turmoil
File Under: Angela Merkel is not an Idiot. Merkel says Japan crisis influenced nuclear exit decision
"We 'came close' to losing Northern Japan." Video from CNN via Rense.
Fukushima Radiated Water May Overflow Trenches Hey! More Unintended Consequences! Stated again: TEPCO is in real danger of never getting out in front of this catastrophe. And if they don't, we all lose.
Radioactive water accumulating in Japan’s crippled Fukushima plant may start overflowing from service trenches in five days, potentially increasing the contamination from the worst nuclear crisis since Chernobyl.
Tokyo Electric Power Co. has been manually pumping water into overheating reactors after cooling systems broke down and much of that has overflowed into basements and trenches. The water is rising at a rate that means it will overflow as early as June 6, Bloomberg calculations from the company’s data show.
“There is still the risk of radioactive water leaking into the sea,” Hikaru Kuroda, an official at the utility known as Tepco, said yesterday in Tokyo. The company is seeking additional storage space to move the water from trenches to reduce the risk, he said.
Eighty days in and still no world outcry about assisting or replacing TEPCO. Crickets on the World's Stage as Fukushima continues to silently poison our World..
Japanese Prime Minister Naoto Kan offered to resign once he had dealt with the worst of the country's nuclear crisis and tsunami disaster, cutting a deal with party rebels to avert defeat in a parliamentary no-confidence vote on Thursday.
Kan's offer to step down, probably in the autumn (Yeah, right.), was made just hours before the vote was due to take place and gives him time to prepare an extra budget to pay for the rebuilding cost of the March 11 disaster.
Kyodo news agency said the no-confidence motion was now certain to be voted down.
But even if he stays in office a few more months, a weakened Kan will struggle to forge deals with a feisty opposition in a divided parliament and may not be able to make much progress on tax and social security reforms needed to contain the country's bulging public debt.
"From both Japanese and foreign investors' point of view, now is not the time for political turmoil," said Yasuo Yamamoto, a senior economist at Mizuho Research Institute.
"Japan has various issues it needs to address swiftly -- not only reconstruction, but also tax and social security reform, TPP (Transpacific Partnership trade initiative) and an energy policy which requires political initiative."
#Radiation in Japan: 2 Drugs to Help Expel Plutonium from Body to Be Approved in July From Ex-SKF via Rense.
It seems like an oblique way for the Japanese government to admit plutonium (and other transuranium elements such as americium and curium) has been released from Fukushima I Nuclear Power Plant and dispersed in wide enough areas to warrant a very quick approval of drugs that expel them from the body.
Nikkei falls sharply on Japan political turmoil
File Under: Angela Merkel is not an Idiot. Merkel says Japan crisis influenced nuclear exit decision
"We 'came close' to losing Northern Japan." Video from CNN via Rense.
Fukushima Radiated Water May Overflow Trenches Hey! More Unintended Consequences! Stated again: TEPCO is in real danger of never getting out in front of this catastrophe. And if they don't, we all lose.
Radioactive water accumulating in Japan’s crippled Fukushima plant may start overflowing from service trenches in five days, potentially increasing the contamination from the worst nuclear crisis since Chernobyl.
Tokyo Electric Power Co. has been manually pumping water into overheating reactors after cooling systems broke down and much of that has overflowed into basements and trenches. The water is rising at a rate that means it will overflow as early as June 6, Bloomberg calculations from the company’s data show.
“There is still the risk of radioactive water leaking into the sea,” Hikaru Kuroda, an official at the utility known as Tepco, said yesterday in Tokyo. The company is seeking additional storage space to move the water from trenches to reduce the risk, he said.
Eighty days in and still no world outcry about assisting or replacing TEPCO. Crickets on the World's Stage as Fukushima continues to silently poison our World..
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