Daily US Opening News And Market Re-Cap: July 5

Tyler Durden's picture

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Jim in MN's picture

In other news, Japanese central gov't seizes control of all radiation monitoring for Fukushima following terrible reports from local, university and international studies.

From NHK: http://www3.nhk.or.jp/daily/english/05_12.html

Govt plans detailed radiation monitoring

The Japanese government will conduct a detailed survey of radiation levels in Fukushima and use the data to review existing evacuation orders and advisories.

In a meeting held on Monday, the government decided to take charge of all radiation surveys being conducted separately by ministries, localities and the operator of the disabled Fukushima nuclear plant.

All data will be collated by the education and science ministry and made public through a dedicated website.

A more detailed survey of radiation will begin later in July, with measurements to be taken every 2 square kilometers inside the no-entry zone and other areas where evacuation is advised.

Priority will be given to schools and streets frequented by children. The government plans to compile a database by the end of August before the children return to school.

Nuclear disaster minister Goshi Hosono has said that he hopes to begin studies around July 17th on whether to cancel one of the advisories that require residents to be prepared for evacuation in case of an emergency.

July 17th is the date when the nuclear plant operator is due to complete the first step of its 2-stage plan to put the crippled reactors under control.

Tuesday, July 05, 2011 10:41 +0900 (JST)

jmcadg's picture

Anyone know why Oil has risen sharply, surely not just because of a tax break by the UK government?