Japan faces higher fuel bill as nuclear shutdown enters third year
Reuters -- Mar 15
The restart of Japan's nuclear power industry is proving pivotal to the economic vision of the country's prime minister as soaring fuel bills after the Fukushima disaster threaten to keep the country's trade in a deeper deficit for longer.
As Japan marks the second anniversary this week of a crisis that scarred the nation, the fuel bills to pay for lost atomic output are leaving their own scars on the economy, partly owing to Abe's own making.
His mix of economic policies - dubbed Abenomics by the media - has driven the yen down sharply, thus raising the cost of imports that will weigh on the revival of a nation that has traditionally relied on exports to drive growth.
The sooner that pro-nuclear Abe can restart atomic power stations, the sooner he will return the country's record trade deficit to its long-term standing of a trade surplus and so mark a milestone in the recovery of the economy.
But in Abe's way is the country's new, independent atomic watchdog, which has said it will take as long as three years to approve restarts under safety guidelines it is drawing up.
The number of people who committed suicide in Japan in 2012 was 27,858, dropping below 30,000 for the first time in 15 years, the Cabinet Office said in a white paper on Tuesday. The figure was 2,800 fewer than in 2011. (Japan Today )
Leaders of the Group of Eight nations on Tuesday condemned "in the strongest terms" any use of chemical weapons in Syria and called on all sides to allow U.N. investigators to look into their alleged use, as they wrapped up their two-day summit in Northern Ireland. (Kyodo )
The percentage of the nation's young people not in education, employment or training, or NEETs, hit a record high in 2012, a government report said Tuesday. (Yomiuri )
Leepi, a minimal tropical storm as of Tuesday, was expected to pose a flooding rain threat to the Philippines and Japan while tracking northward this week. (accuweather.com )
A collection of materials related to a 17th century mission sent by a Japanese feudal lord to Europe and the world's oldest autographic diary left 10 centuries ago by a Japanese regent have been selected for the UNESCO Memory of the World registry, the Japanese education ministry said Wednesday. (Global Post )
Almost 1,500 people were transported to hospitals by ambulance due to heatstroke last week, up sharply from 942 in the preceding week, the Fire and Disaster Management Agency said Tuesday. (Japan Times )
Police said Tuesday that a mummified body was found earlier this month in a storage cabinet in a restaurant in Morioka, Iwate Prefecture. (Japan Today )
Among about 200,000 traffic signals nationwide, 16 percent are being used beyond the end of the expected lifetime of their electrical systems and some have even toppled over due to age, according to the National Police Agency. (Yomiuri )
Mt. Fuji, the tallest mountain in Japan, will likely see its summer "traffic jam" of climbers worsen this year thanks to its expected addition to the UNESCO World Heritage List. (Yomiuri )
In May, Akira Ikoma, the editor of a guide to men's entertainment called Ore no Tabi (My Journey), said that "Abenomics" had caused a spike in prices at high-end soapland bathhouses in Tokyo. However, the same editor tells Shukan Post (June 28) that the initiative is not impacting the low-end market in the same way. (Tokyo Reporter )
Police said Monday they have arrested a 64-year-old woman in connection with the murder of her 59-year-old partner in Seki, Gifu Prefecture. (Japan Today )
Tokyo Metropolitan Police on Monday announced the bust of a massage parlor in the Gotanda area of Shinagawa Ward on charges of prostitution. (Tokyo Reporter )
Tokyo District Court decided on Monday to open planned examinations of three witnesses who are former senior members of the Aum Shinrikyo doomsday cult and now death-row inmates, during an upcoming trial of another former senior Aum member. (Jiji Press )