EARTHQUAKE

A foreign exchange dealer works at a trading room of a foreign exchange trading company in Tokyo

A Sense of Calm is Returning to the Markets: Omnivest

There is a clear sense of calm returning to the financial markets after the horrific earthquake in Japan and the leveling of the playing field in Libya. Though the damage associated with Japan’s earthquake is clearly immense, its economic impact will mostly be localized.
A woman cries as she talks with her relative on the phone at a temporary city hall office where people check the list of missing people and the dead in Kamaishi

Number of dead and missing in Japan tops 22,000

The official death toll from Japan’s epic earthquake-tsunami catastrophe has now surpassed 22,000 (including people who are listed as missing), according to the National Police Agency.
More news
Smoke From Reactor Number 3

TEPCO Says Fukushima Reactors Have Power

Tokyo Electric Power Company is reporting that as of 7 a.m. Eastern time power is available in the four damaged reactors at the Fukushima Daiichi nuclear power plant, which will help to stabilize the reactor cores and the spent fuel pools.
80-year-old Sumi Abe (C) is helped by emergency workers after being rescued from under the rubble in Ishinomaki City

Miraculous recovery of grandmother, grandson in quake-damaged Miyagi

In one of the few happy stories to come from the earthquake tragedy in Japan, an 80-year-old woman and her 16-year-old grandson have been rescued from the rubble of their home in the coastal city of Ishinomaki in Miyagi Prefecture, the epicenter of the tragedy, according to Kyodo news agency.
IBTimes Logo

Moody's: Japan has fiscal, credit means to deal with

Japan's economy could shrink after a devastating earthquake and tsunami earlier this month, but the government has the fiscal and credit means to deal with a disaster which could cost twice as much as the 1995 Kobe earthquake, ratings agency Moody's said on Monday.
Indian Point Nuclear Power Plant

NRC: Seismic Refits Not Yet Needed

The Nuclear regulatory Commission has no plans to retrofit existing nuclear power plants due to seismic hazards, despite an increase in measured seismic risk at some sites.
A mother touches her son's stomach at an evacuation center set in a gymnasium in Yamagata, northern Japan

Japan death toll nearing 7,000; thousands remain missing

The official death toll from Japan’s huge earthquake-tsunami tragedy is approaching 7-thousand, already exceeding the 6,434 who died in the Great Hanshin earthquake of 1995, according to Japan’s National Police Agency.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.