Doomsday Scenario Unfolding at Fukushima
Click to enlarge The slow motion events occurring at Japan's (or GE's) Fukushima reactor cannot be sugar-coated. It is a doomsday scenario unfolding. Nuclear reactors are not the same as coal/oil/gas electricity plants. Unlike conventional plants, they cannot be turned off. So while brave workers were tending to Units 1, 2 and...
Volcano erupts in Indonesia
JAKARTA, Indonesia (AP) - One of Indonesia's most active volcanos has erupted, sending lava and searing gas clouds tumbling down its slopes. Volcanology official Agus Budianto said Friday that authorities were still trying to evacuate residents living along the slopes of Mount Karangetang. There were no immediate reports of...
Singapore firms feel impact following Japan earthquake and tsunami
Some of the Singapore companies operating in Japan have reported losses from the recent devastating earthquake and tsunami that hit northeastern Japan. Global Logistic Properties (GLP), the real estate unit of sovereign wealth fund Government of Singapore Investment Corp (GIC), said on Monday that it has estimated the damage...
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