Posts Tagged ‘ tsunami ’

Japan Returning To Recession?

March 19, 2011
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    Well, if it did it certainly wouldn’t be surprising.  There’s not that much worse than what the country endured last week, with the extent of its earthquake and tsunami.  So why is this enough to make headline news?  Well, because what’s newsworthy is that the country looks set to “become the first Group of Seven member” to go back to that recession status following the easing of the global financial crisis. Statistics and Truth Although it is...

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Online Drug Companies Abusing Tsunami Disaster?

March 17, 2011
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Obama Causing Panic? There’s always someone who tries to make money from a disaster.  And this time it’s following Japan’s tsunami, with the threat that Americans might be in danger of the nuclear fallout.  This is likely due to the panic President Barack Obama and his top medical official raised which has led to Americans buying drugs for protection.  Although Obama himself was given the assurance that “any harmful radiation from Japan will have dissipated before it reaches Hawaii...

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Market Mess in Japan? Too Soon to Tell

March 15, 2011
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    Not surprisingly following Japan’s crazy earthquake and tsunami, the financial markets are in a sate of panic.  Finance leaders in the country are trying to calm the situation as the nuclear power crisis continued to worsen matters.  With an estimation according to Bank Credit Suisse of a loss of $171 billion, it’s no great shock that there is this panic. But the question being asked is how much do economists really need to panic?  According to Finance...

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Japan’s Economy: Where to Now, with Failed Fukushima Power Plant?

March 13, 2011
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Following Japan’s “monstrous earthquake” (the largest in the region for over 1,200 years; seventh largest ever in the world), the country’s Fukushima power plant failed which has led to “fears of serious accident.”  But experts have said that there isn’t a risk to human health from the low radiation.  The crisis in Japan is no doubt escalating following Friday’s earthquake and tsunami ; a situation which isn’t being helped by the failure of another emergency cooling system at a...

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