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Archive for March 24, 2011

Geologists warn another earthquake could tear Tokyo in two after weakening of fault line below capital

March 24, 2011 Comments off

dailymail.co.uk

Geologists have warned that another powerful earthquake could inflict terrible damage on Tokyo because the Size 9 monster which struck on March 11 has altered the earth’s surface.

The quake has put pressure on the fault lines near the Japanese capital and experts have suggested that a size 7.5 magnitude earthquake could hit.

The structure of the tectonic plates and fault lines around the city makes it unlikely that Tokyo, home to 13million people, would be hit by a quake anywhere near the intensity of the one 10 days ago, said Roger Musson of the British Geological Survey.

Bustling: The busy Japanese capital Tokyo has 13million people living in its centre - and it could be hit by another earthquake very soonBustling: The busy Japanese capital Tokyo has 13million people living in its centre – and it could be Read more…

Libya no-fly zone cost could hit $1 bln in months

March 24, 2011 1 comment

reuters.com

WASHINGTON, March 22 (Reuters) – The no-fly zone over Libya could end up costing the Western coalition more than $1 billion if the operation drags on more than a couple of months, defense analysts say.

Zack Cooper, a senior analyst at the Center for Strategic and Budgetary Assessments, said the initial cost of eliminating Libyan leader Muammar Gaddafi’s air defenses was likely to be between $400 million and $800 million.

The expense of patrolling the no-fly zone once it is established is likely to be $30 million to $100 million a week, he said.

The U.S. military has no official cost figures yet for the operation, which has been going on less Read more…

US bars some Japan foods over radiation fears

March 24, 2011 Comments off

AFP

WASHINGTON – The United States has announced it was barring some food imports from Japan due to fears of radiation and nuclear contamination in the wake of an earthquake and tsunami disaster.

The US Food and Drug Administration said it had placed an import alert on all milk, milk products, fresh vegetables and fruits from certain regions.

This means that no products of these types from the prefectures of Fukushima, Ibaraki, Tochigi and Gunma can enter the United States without first being shown to be safe.

“In addition, FDA will continue to flag all entries from Japan in order to determine whether they originated from the affected area. FDA will test all food and feed shipments from the affected area,” an email statement said.

“FDA import investigators operating at ports of entry have radiation detection devices (radiation pagers) available to them for their personal safety,” the statement Read more…

Portugal’s Government May Collapse Before EU Summit

March 24, 2011 Comments off

www.benzinga.com

In a report published by Reuters, the Portuguese parliament is expected to reject government austerity measures on Wednesday, which could lead to the collapse of the minority Socialist administration one day before the EU summit.

The country’s Prime Minister, Jose Socrates, has declared that he will resign if the plan is defeated, due to the fact that its rejection would force debt-ridden Portugal to seek a similar international bailout to Greece and Ireland.

If Socrates stands by his word, then he appears to be heading for the exit door as all opposition parties have proposed resolutions calling for the rejection of the measures, which would look to cut the debt by reducing pensions and state spending.

The main opposition is the Social Democrats, and the party has already begun talking about a snap election. When asked if it is likely that the government will step down, Socialist bench leader in parliament Francisco Assis said that, “If all these positions that now seem irreversible are confirmed, then yes.”

“The prime minister does not want to resign, but he cannot govern against his convictions,” Assis said.