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According to public broadcaster NHK, some 430,000 people are living in emergency shelters or with relatives. Another 24,000 people are stranded, it said. One reason for the loss of power is the damage several nuclear reactors in the area. At one plant, Fukushima Dai-ichi, three reactors have lost the ability to cool down, the latest on Monday. Explosions have destroyed the containment buildings of the other two reactors. Operators dumped sea water into the two reactors in a last-ditch attempt to cool their super-heated containers that faced possible meltdown. If that happens, they could release radioactive material in the air. But Japan's Chief Cabinet Secretary Yukio Edano said the reactor's inner containment vessel holding the nuclear fuel rods was intact, allaying some fears of the risk to the environment. The containment vessel of the first reactor is also safe, according to officials. Still, people within a 12-mile (20-kilometer) radius were ordered to stay inside homes following the blast. AP journalists felt Monday's explosion 25 miles (40 kilometers) away. Military personnel on helicopters returning to ships with the U.S. 7th Fleet registered low-level of radioactive contamination Monday, but were cleared after a scrub-down. As a precaution, the ship shifted to a different area off the coast. More than 180,000 people have evacuated the area around the plants in recent days. Also, Tokyo Electric Power held off on imposing rolling blackouts planned for Monday, but called for people to try to limit electricity use.
Edano said the utility was still prepared to go ahead with power rationing if necessary. The decision reflected an understanding of the profound inconveniences many would experience. Many regional train lines were suspended or operating on a limited schedule to help reduce the power load. Japan's central bank injected 15 trillion yen (US$184 billion) into money markets Monday to stem worries about the world's third-largest economy. Stocks fell Monday on the first business day after the disasters. The benchmark Nikkei 225 stock average shed nearly 634 points, or 6.2 percent, to 9,620.49, extending losses from Friday. Escalating concerns over the fallout of the disaster triggered a plunge that hit all sectors. The broader Topix index lost 7.5 percent. Japan's economy has been ailing for 20 years, barely managing to eke out weak growth between slowdowns. It is saddled by a massive public debt that, at 200 percent of gross domestic product, is the biggest among industrialized nations. Preliminary estimates put repair costs from the earthquake and tsunami in the tens of billions of dollars
-- a huge blow for an already fragile economy that lost its place as the world's No. 2 to China last year.
[Associated
Press;
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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