Nikkei in Freefall: Drops 20% in Two Days, Radioactive Cloud Heads for Tokyo

[cieldumort]

MarketWatch.com
Japan stock crash raises fear of wider global impact

HONG KONG (MarketWatch) - Japanese equities crashed Tuesday on panic selling after Prime Minister Naoto Kan said a “substantial amount” of radiation was leaking from a nuclear power plant affected by Friday’s massive earthquake and tsunami.

The share plunge could now have wider

Comments

[l33tminion]

That headline is misleading (and evidently has been corrected by CNBC).

The headline now says "Winds Blowing Japan Radioactivity Over Ocean", and the article reads, "'At this point, all the meteorological conditions are offshore so there are no implications for Japan or other countries near Japan,' Maryam Golnaraghi, chief of WMO's disaster risk reduction division, told a briefing in Geneva."

[cieldumort]

Eh. Initially, winds were blowing onshore. While they are now blowing offshore (as a snowy cold front pushes across the nation), they are expected to turn back onshore by Saturday. Winds almost never blow from the same direction for very long most places on earth.