Do Rising Oil Prices Predict Another Economic Recession?

Do Rising Oil Prices Predict Another Economic Recession? By STEVE AUSTIN for OIL-PRICE.NET, 2010/12/13

The year 2008 saw the American economy topple over like a towering stack of light weight cards with the financial and market crash. The recession changed the economy of the country and left many people without jobs and means to sustain their families. More houses were put on foreclosure than ever before, leaving an even larger number of families homeless and destitute with no one to bank on. The initial contention was that the primary reasons for the recession that hit the country in 2008 was the downfall of the financial services market and the housing market. More and more financial experts came forward with another, more accurate reason for the financial crash. The reason put forward and accepted widely was that the market financial crash was caused by the high oil price rise which shot to an all time high of $147 per barrel in the year 2008.

Do Rising Oil Prices Predict Another Economic Recession?

US experts unsure about Fukushima situation

▬►US experts unsure about Fukushima situation

by Staff Writers
Washington (AFP) March 27, 2011
US experts have expressed uncertainty about the seriousness of the situation at Japan's Fukushima nuclear complex, steering clear of speculation whether the core of one of the reactors there had been damaged.

Dave Lochbaum, director of the Nuclear Safety Project at the Union of Concerned Scientists, an independent advocacy group that has been a nuclear industry watchdog for 40 years, said there had been reports that the reactor vessel for Unit 3 at the power plant had been breached.

US experts unsure about Fukushima situation

Calm urged as radiation spreads across Asia

Calm urged as radiation spreads across Asia
by Staff Writers
Manila (AFP) March 29, 2011
Small amounts of radiation from Japan's leaking nuclear power plant have spread across Asia, authorities said Tuesday, deepening concerns for millions of people already wary of eating Japanese food.

The governments of China, South Korea, the Philippines and Vietnam reported that radiation had drifted over their territories, although they emphasised the levels were so small that there was no health risk.

Calm urged as radiation spreads across Asia

Iodo radioativo do Japão é detectado na Rússia / Mundo / Notícias / Home - ipcdigital.com

ublicado em 30/03/2011 2:41

Iodo radioativo do Japão é detectado na Rússia

Exames do ar na região de Primorye, na Rússia, entre sábado e terça-feira encontraram traços de iodo-131.

Iodo radioativo do Japão é detectado na Rússia / Mundo / Notícias / Home - ipcdigital.com

Nuclear fears spark rush for radiation detectors

Radioactive iodine from Japan found in Russia
Moscow (AFP) March 29, 2011 - Russia said on Tuesday it had found traces of radioactive iodine from Japan's damaged nuclear plant in its Far Eastern region but they posed no threat to the public.

The regional state weather service said it had conducted tests of the air just outside the city of Vladivostok between Saturday and Tuesday and found small traces of iodine-131.

"The appearance of iodine-131 in the air is connected with the accidents at the Japanese nuclear power plants which happened due to the earthquake and tsunami," the weather service said in a statement.

"Its concentration is more than 100 times lower that the acceptable level so it does not pose a threat to people's health," it said, quoting its chief Boris Kubai. It added that the concentration of the substance in the air had been declining.

The weather service said it continued to conduct the tests.

Primorye's capital Vladivostok is located no more than 1,000 kilometres (620 miles) west of Japan's crippled Fukushima nuclear plant.

Nuclear fears spark rush for radiation detectors

Fukushima: Sea contamination likely to be local - scientists

So far, the biggest contaminant identified by Japanese officials has been radioactive iodine 131.

Samples of water taken close to the plant have been as high as 1,850 times the legal limit of iodine, but levels have fallen back, Japanese officials said on Tuesday.

Radioactive iodine can enter the marine food chain, especially through seaweed, which absorbs this element readil

Fukushima: Sea contamination likely to be local - scientists

Fukushima: still a crisis situation, say experts

Radioactivity levels at the Fukushima plant are very high due to gaseous discharges and leakage from inside the some of the reactor vessels

Fukushima: still a crisis situation, say experts