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Japan nearly doubles Fukushima disaster-related cost to $188 billion

December 9, 2016 by · Leave a Comment 

Japan's Ministry of Economy, Trade and Industry (METI) said on Friday it has nearly doubled its projections for costs related to the Fukushima nuclear disaster, including decommissioning and compensation, to 21.5 trillion yen ($188.40 billion). Subsequent explosions released massive amounts of radiation, forcing the evacuation of 160,000 people from areas around the plant.

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Japan nearly doubles Fukushima disaster-related cost to $188 billion

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Oil rallies as fears over Brexit abate

June 20, 2016 by · Leave a Comment 

Oil rallied on Monday, lifted by a wave of investor confidence and a weaker dollar after polls showed a diminishing chance that Britain may vote to leave the European Union later this week. Three opinion polls ahead of Thursday's vote showed the 'Remain' camp recovering some momentum, although the overall picture remained one of an evenly split electorate. Investment safe havens such as gold, the U.S. dollar, German bonds…

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Oil rallies as fears over Brexit abate