Saturday, June 16, 2012

Japan PM to Restart Nuclear "Under Intense Pressure from Banks"

The PM of Japan has approved restarting nuclear reactors despite public opinion running at over 70% against the move.

According to this report in Bloomberg, the decision was taken under "intense pressure from banks". With the peak summer season approaching, there has been concern that electricity shortages could result in slowdowns at factories.

Meanwhile, there are new reports of radiation entering the global food chain from the Fukushima disaster.

Procedures to restart reactors are said to be beginning immediately.

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