Win K Charles CEO of Aspen Rose Arts
Begin forwarded message:
From: "Los Angeles Times" <news@e-mail.latimes.com>
Date: March 15, 2011 12:36:51 AM MDT
To: wcharles622@gmail.com
Subject: Update: Japan's stocks plummet again amid nuclear fears
Reply-To: "Los Angeles Times" <newsS5JQLZ.4901593@e-mail.latimes.com>
Japan's stocks plunge again amid nuclear disaster fears
Los Angeles Times | March 12, 2011 | 11:30 p.m.
Amid fears of nuclear disaster, Japan's Nikkei stock index closed down 1,015 points, or 10.6% Tuesday, at 8,605 -- the biggest one-day drop since it plunged 11.4% on Oct. 16, 2008, amid the U.S. financial-system rout.
The plunge came as dangerous levels of radiation escaped a quake-stricken nuclear power plant after one reactor's steel containment structure was apparently breached by an explosion, and another reactor building in the same complex caught fire, Japan's leaders told a frightened population.
Authorities warned that people within 20 miles of the crippled reactors should stay indoors to avoid being sickened by radiation.
Prime Minister Naoko Kan, in a nationwide address to the Japanese people, called for calm even as he acknowledged the radiation peril. Dressed in industrial-style blue coveralls, he offered solemn assurances that authorities were doing "everything we can" to contain the leakage.
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