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Monday, 14 March 2011
Japanese Officials Say Nuclear Fuel Rods Likely Melting In All Three "Troubled" Japanese Reactors
Japanese officials say the nuclear fuel rods appear to be melting inside all three of the most troubled nuclear reactors.
Chief Cabinet Secretary Yukio Edano said Monday: "Although we cannot directly check it, it's highly likely happening."
Some experts would consider that a partial meltdown of the reactor. Others, though, reserve that term for times when nuclear fuel melts through a reactor's innermost chamber but not through the outer containment shell.
Guest Post: Does Anyone Seriously Believe The Global Recovery Is Still Intact?
OK, let's run through the list:
1. Natural disaster dusrupts production in a key global exporter: check.
2. An event which nudges a major economy into financial crisis: check. (If you don't think Japan's economy and finances will be pushed over a threshold by the quake, please be patient.)
3. Ignite a chain reaction of mass movements in a key oil exporting region: check.
4. Supply-demand imbalances in critical materials and grains: check.
5. Central banks and sovereign states addicted to vast quantities of printing-money and credit creation stimulus which trigger rampant inflation in essentials: check.
6. Massaged statistics, channel-stuffing, misrepresentation of risk and unlimited propaganda by a failed Status Quo: check.
Israel Announces Mass Settlement Expansion
'Israel on Sunday announced massive expansions to illegal Jewish-only settlements in the occupied West Bank, a day after five Israelis were killed in a brutal attack in Itamar settlement.
The move was immediately slammed by the Palestinian Authority. Presidential spokesman Nabil Abu Rdeina said the decision was "unacceptable and wrong," in a statement. He told the official PA news agency Wafa, "the atmosphere this decision creates isn't helpful, it creates problems, and peace needs courageous decisions"'
Iraq: 'We Have No Freedom or Justice'
'Thousands of protesters took to the streets across Iraq on March 4, defying a curfew and repression to demand democracy and economic justice, the March 5 Los Angeles Times said.
The protests followed the February 25 "Day of Rage", in which demonstrations occurred in at least 17 separate cities and towns. At least nine protestors were killed by security forces, the February 26 Sydney Morning Herald said.
During the "Day of Rage", soldiers guarding the bridge to Baghdad’s fortified Green Zone were pelted with shoes. The Green Zone is home to Iraq’s official government and the real source of power in the country: the US embassy and the main US military base.'
'Libya air attack footage looks fake, no facts in West media'
'Operation Libya': Recognizing the Opposition Government Constitutes a Pretext for Military Intervention
'In a blatant act of hypocrisy, the leaders of these sheikdoms have announced that Qaddafi’s regime is “illegitimate.” Forbes had this to say about the GCC announcement: “Gulf nations including Saudi Arabia and the United Arab Emirates (UAE) have withdrawn any sort of support for Muammar al-Gadhafi calling his regime ‘illegitimate’ and condemming its use of organized violence against a civilian population.” Saudi Arabia, Qatar, Bahrain, Oman, the U.A.E., and Kuwait have withdrawn their recognition of Qaddafi’s regime as the legal government of Libya.
In addition, the GCC announced the following: “On the situation in Libya, the Council denounced the crimes committed against civilians by using live bullets and heavy weapons and recruiting mercenaries, killing big number of innocent victims and constituting flagrant violations of human rights and international humanitarian law.”
What is very striking about these statements and the petro-sheikdoms declaration that Qaddafi’s regime is not the legal government of Libya is that it is utter hypocrisy. These condemnations are being made by the same leaders that have used violence and murder against their own populations. These are also the same Arab leaders who use mercenaries and openly and continuously violate human rights and international humanitarian laws themselves.'
The Fed Fails to Create the Stability it Dreams Of
An excerpt of Bob Chapman's weekly publication The International Forecaster
March 12 2011: Japan earthquake will shake the world economy, Oil prices an irritant to Wall Street rather than a lubricant, Fed wont spur growth, just inflation, a flat bottom for the economy or a while, lack of job creation and debt control, Sound economic growth hasn’t existed for 11 years and it is worse now than ever, PIMCO eliminates government debt from portfolio. Soros weighs in on public spending cuts in US, saying they will only hurt economic growth.
March 12 2011: Japan earthquake will shake the world economy, Oil prices an irritant to Wall Street rather than a lubricant, Fed wont spur growth, just inflation, a flat bottom for the economy or a while, lack of job creation and debt control, Sound economic growth hasn’t existed for 11 years and it is worse now than ever, PIMCO eliminates government debt from portfolio. Soros weighs in on public spending cuts in US, saying they will only hurt economic growth.
Satellite images before & after Japan tsunami; aerial, ground video of aftermath
Aerial video from town closest to Japan's mega-quake epicentre
TSA to retest airport body scanners for radiation
The Transportation Security Administration announced Friday that it would retest every full-body X-ray scanner that emits ionizing radiation — 247 machines at 38 airports — after maintenance records on some of the devices showed radiation levels 10 times higher than expected.
Worldwide protests continue in Italy, Portugal....better known as GIABO (Global Insurrection Against Banker Occupation)
Hundreds of thousands of people have taken to the streets in towns across Italy to protest against Italian Prime Minister Silvio Berlusconi's policies.
More than 300,000 people have taken to streets in Portugal's capital Lisbon and 10 other major cities to protest lack of job opportunities in their country.
More than 300,000 people have taken to streets in Portugal's capital Lisbon and 10 other major cities to protest lack of job opportunities in their country.
BOJ injects unprecedented 15 Trillion; BOJ Raises Liquidity Injection To JPY12 Trillion ($146 Billion)...... buy silver!
We have since learned that the extra 3 trillion will be use to buy government bonds. Hello QE, my old friend.
- The BOJ offered a combined 15 trillion yen ($183 billion) into the banking system on Monday in its first same-day market operation since the Greek debt crisis in May last year, to soothe market jitters in the wake of a devastating earthquake and tsunami that struck northeast Japan on Friday. The central bank's policy board will likely discuss whether the sharp fall in Tokyo stock prices and the potential damage from the quake to corporate profits warrant an immediate policy response, the sources said.
Read more: After quake, 10,000 missing in Japan
Following the massive earthquake in northern Japan, nearly 10,000 people are unaccounted for in the port town of Minamisanriku in Miyagi Prefecture.
The figure is more than half of the town's population of 17,000, Japan Broadcasting Corporation NHK announced on Saturday.
On Friday, an 8.9-magnitude earthquake, off the northeastern coast of Japan's main island, unleashed a 23-foot (7-meter) tsunami and was followed by more than 50 aftershocks for hours.
According to Japan's National Police Agency, 703 people have been confirmed dead and 784 were missing, with 1,128 injured, excluding bodies reportedly found on the Sendai coast.
The combined number of people, who lost their lives or are unaccounted for in Friday's catastrophic earthquake in Japan topped 1,200 Saturday, according to a police tally.
According to Japanese officials, the death toll is expected to exceed 1,000.
Fukushima Nuclear Power Plant Reactor 3 explosion on March 14, 2011
Video of devastated Japan, quake damage, cities swamped by tsunami
AmpedStatus))) knowledge is power...
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