Tokyo’s markets were closed for a holiday on Monday. The Nikkei index shed 10 per cent last week, wiping $350 billion off market capitalization.
SITUATION REMAINS CRITICAL AT PLANT
At Fukushima, 300 engineers have worked around the clock inside an evacuation zone to contain the worst nuclear accident since Chernobyl, Ukraine, in 1986.
They have been spraying the coastal complex with thousands of tonnes of sea water so fuel rods will not overheat and emit more radiation. Hopes for a more permanent solution depend on electricity cables reactivating on-site water pumps at each of the six reactors.
The most badly damaged reactors are No. 3 and 4, which were both hit by explosions last week.
U.S. Energy Secretary Steven Chu, asked by CNN whether the worst of Japan’s 10-day nuclear crisis was over, said on Sunday: “Well, we believe so, but I don’t want to make a blanket statement.”
U.S. Nuclear Regulatory Commission Chairman Gregory Jaczko added that radiation levels at the plant appeared to be falling.
However, the situation was far from under control.
Japan’s nuclear safety agency said pressure was rising in the most threatening reactor, No. 3, which contains highly toxic plutonium, and this may have to be released by “venting” steam, a step taken last week that discharged low levels of radiation into the atmosphere.
If the cooling pumps cannot restart, drastic measures may be needed like burying the plant in sand and concrete.
Some expatriates, tourists and local residents have fled Tokyo over radiation fears. Those who remain are subdued but not panicked.
“There’s no way I can check if those radioactive particles are in my tap water or the food I eat, so there isn’t much I can really do about it,” said Setsuko Kuroi, an 87-year-old woman shopping in a supermarket with a white gauze mask over her face.
AID TRICKLE
Easing Japan’s gloom briefly, local TV on Sunday showed one moving survival tale: an 80-year-old woman and her 16-year-old grandson rescued from their damaged home after nine days.
Official tolls of dead and missing are rising steadily — to 8,450 and 12,931 respectively.
The death toll could jump dramatically since police said they believed more than 15,000 people had been killed in Miyagi prefecture, one of four that took the brunt of the tsunami.
Scores of nations have pledged aid to victims, but little foreign relief supplies are visible in some devastated villages.
“All we have had is the clothes on our backs. But they are good enough. They’ve kept us warm through all of this,” said Machiko Kawahata as she, her daughter and granddaughter looked for clothes at a drop-off point in Kamaishi, a coastal town.
“We will make do and we will make it through this.”
The 9.0-magnitude quake and ensuing 10-metre tsunami made more than 350,000 people homeless. Food, water, medicine and fuel are short in some parts, and near-freezing temperatures during Japan’s winter are not helping.
While Japanese have been focused on the rescue operation rather than recriminations, media and others have raised questions over the government and plant operator Tokyo Electric Power Company’s performance.
There have been suggestions the nuclear drama was taking priority over the human suffering, and that the early response of some officials was slow and opaque.
TEPCO head Masataka Shimizu apologized at the weekend for “causing such trouble” at the plant but has not visited the site or made a public appearance in a week.
In a report submitted to the nuclear safety agency on Feb. 28, less than two weeks before the disaster struck, the operator told regulators it had failed to carry out some scheduled inspections at the Daiichi facility. |