THE WISE SHALL UNDERSTAND

Tag: meltdown

Global Meltdown As Investors Are Dumping Nearly Everything

Global Meltdown As Investors Are Dumping Nearly Everything

Panic! With no solution in sight for Europe and new fears of a global recession, investors dumped stocks and commodities and ran to the safety of U.S. Treasurys.

| September 22, 2011 | 4 Comments
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US: Nothing To Stop Japan Nuke Meltdown

US: Nothing To Stop Japan Nuke Meltdown

The chief of the U.S. Nuclear Regulatory Commission said Wednesday that all the water is gone from one of the spent fuel pools at Japan’s most troubled nuclear plant, but Japanese officials denied it.

| March 16, 2011 | 3 Comments
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Radioactive! Meltdown Confirmed At Fukushima No.1 Plant

Radioactive! Meltdown Confirmed At Fukushima No.1 Plant

Fukushima No.1 Meltdown Confirmed. The Nuclear and Industrial Safety Agency (NISA) said Saturday afternoon the explosion at the Fukushima No. 1 nuclear plant could only have been caused by a meltdown of the reactor core. The same day, Tokyo Electric Power Co. (9501), which runs the plant, began to flood the damaged reactor with seawater to cool it down, resorting to measures that could rust the reactor and force the utility to scrap it.

| March 12, 2011 | 3 Comments
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