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Another Japan Reactor Shuts Down; Only One Left

Another Japan Reactor Shuts Down; Only One Left

 

gucci outlet Another Japanese nuclear reactor was taken off line for maintenance on Monday, leaving the country with only one of its 54 reactors operational following last year's devastating earthquake and tsunami. The last reactor is expected to be shut down by early May, raising the possibility of power shortages across the nation as demand increases in the hot summer months. The No. 6 reactor at the Kashiwazaki-Kariwa complex was taken off line early Monday by the Tokyo Electric Power Co. The utility also runs the plant in Fukushima, northeast of Tokyo, that suffered meltdowns, explosions and radiation leaks after the March 11 quake and tsunami. Japanese reactors are taken off line every 13 months for regular checks. With concerns over nuclear safety high following the Fukushima crisis, none of the reactors that have been shut down for checks, and none that were already off line at the time of the disaster, have been allowed to restart.

 

gucci shoes outlet The last reactor, on the northern island of Hokkaido, will be shut down in May. The timing for when any reactors will be restarted remains unclear. Before the crisis, Japan depended on nuclear power for one-third of its electricity. Japan's government wants to restart reactors as soon as "stress tests" prove they are safe, but faces strong public opposition. Local leaders, fearing a political backlash, are reluctant to give their approval. Authorities have required all reactors to undergo the stress tests and make necessary modifications to improve safety. The stress tests, similar to those used in France and elsewhere in Europe, are designed to assess how well the plants can withstand earthquakes, tsunamis, storms, loss of power and other crises. Prime Minister Yoshihiko Noda has promised to reduce Japan's reliance on nuclear power over time and plans to lay out a new energy policy by the summer.

 

gucci handbags outlet In the meantime, Japan has temporarily turned to oil and coal generation plants to make up for the shortfall, and businesses have been required to reduce electricity use to help with conservation efforts. The letter from JPMorgan asked for confirmation that all “past, present and future” transfers complied with laws preventing the misuse of customer money, an indication that the bank, which also served as the place where MF Global customer money was kept, was concerned about the source of the transfer. Laurie Ferber, the general counsel at MF Global, thought the letter was too broad and sought to limit its scope. Ms. Ferber and others began working with Ms. O’Brien to come up with a draft that Ms. O’Brien would sign. There were three letters sent from JPMorgan to MF Global, each with different language, according to the person briefed on the matter.

 

gucci on sale Ultimately, none of the letters were signed by Ms. O’Brien. In addition to Ms. O’Brien, Ms. Ferber, the general counsel, and Ms. Serwinski, the firm’s chief financial officer for North America, are also expected to testify before a Congressional committee this week. Henri Steenkamp, the global chief financial officer, will testify as well. During the interview, Marchionne, also CEO of Chrysler’s parent company Fiat SpA, recollected on the Italian automaker’s acquisition of the American car company and how it has been able to turn itself around. Many of Marchionne’s unique characteristics – from his signature style and personal schedule to the Italian government’s mandated security – are portrayed in the nearly 14-minute segment. According to the segment, Marchionne typically sleeps from 10 p.m. to 3:30 a.m. so he can discuss business in Italy and is required by the government to travel in bullet-proof cars and is always surrounded by state security. The segment also touched upon Chrysler’s 2012 Super Bowl ad with Clint Eastwood which became the center of political scrutiny from Republicans earlier this year.

 

 

 

 

tgb201281 26.03.2012 0 375
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26.03.2012 (4738 días)
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