Japan's Nikkei slumps 10.6% on radiation fears

[nadinbrzezinski]

HONG KONG (MarketWatch) -- Japanese shares plunged Tuesday on panic-selling over worries that radiation from a damaged nuclear reactor would further complicate and endanger the nation's recovery from its worst-ever earthquake on record Friday.

http://www.marketwatch.com/story/japans-nikkei-slumps-106-on-radiation-fears-2011-03-15?siteid=bnbh

yes this matters for globalization and it's future.

[flamingdem]

1. Also on Marketwatch - Tokyo reporting levels 23 times normal

March 15, 2011, 12:45 a.m. EDT
Tokyo radiation levels 23 times normal: officials

By Chris Oliver

HONG KONG (MarketWatch) -- Radiation levels in Tokyo surged to 23 times normal on Tuesday, according to reports that cited readings released by the Tokyo metropolitan government. Radiation levels of .809 micro severts were recorded in central Tokyo at 10.00 a.m. local time (9.00 p.m. U.S. Eastern time), reports said. Southerly winds are believed to be pushing a radioactive plume from the Fukushima Daiichi Nuclear Power Plant, which lies about 150 miles north of Tokyo.

[nadinbrzezinski]

2. But, but, I was told here this was not happening

sorry... I am hitting my limit of tolerance.

(Oh and they may have had the spike up to 900 Reuters reported earlier)

[RandySF]

3. Kudlow must be pulling what's left of his hair out.

[nadinbrzezinski]

4. you know, that went trough my mind

And the US Dow Jones will probably go down tomorrow too.

Can we say Kudlow meltdown?

:evilgrin: