So, before you could remember how to spell Fukushima Dai-ichi, the Dow had plunged 100 points.
Weak companies are still failing, like insurer Dai-ichi Mutual Fire and Marine earlier this month.
Since the Fukushima Dai-ichi nuclear plant is to be decommissioned, Japan will need new sources of electricity.
Monday marks the two-year anniversary of the 2011 earthquake and tsunami that crippled Japan's Fukushima Dai-ichi nuclear plant.
Big insurers such as Nippon Life and Dai-ichi Mutual have been making ends meet partly by squeezing costs.
Throw in idle employees at layoff-averse companies and the rate is more like 10%, figures Dai-ichi Life Research Institute.
For one, the fiasco at Fukushima Dai-ichi has revealed, again, the cosy ties between the nuclear industry and government.
Wednesday a fire was reported in the Fukushima Dai-Ichi power plant that was leaking radioactive material as early as Monday.
Shares of Tokyo Electric Power Company (Tepco), owner of the troubled Fukushima Dai-Ichi nuclear power plant, soared 18.8% on Friday.
FORBES: Japanese Stocks Recover After G7 Currency Intervention
Investors have been focusing on the fact that the company had built the reactors that were failing in the Dai-Ichi power plant.
For a start, Naoto Kan, the prime minister, has maintained relative calm despite the menacing situation at Fukushima Dai-ichi, the crippled nuclear plant.
In time, all but the six reactors of Fukushima Dai-ichi should come back on line, leaving a baseload generation deficit of roughly 6, 000 mw.
The Japanese are angry at bureaucrats and TEPCO, the company that owns Fukushima Dai-ichi, for a long record of shoddy safety standards and cover-ups.
However, Dai-Ichi Life Research Institute's Mr Shimamine warned that growth may be hampered by "yen strength and financial turmoil in the US and Europe".
In 2011, Dr. Becker was a member of a three-person Assistance Team that was invited to Japan in response to the earthquake-tsunami and accident at Fukushima Dai-ichi nuclear plant.
WHITEHOUSE: President Obama Announces More Key Administration Posts
Still, one motive for this week's announcement by Dai-Ichi and Yasuda (both affiliated to Mizuho banks) might be to show their intention to lead consolidation among Mizuho's other rag-bag of insurers.
As The Economist points out in its most recent issue, though, the real lesson from Dai-Ichi is the importance of grounding nuclear power and all energy production in a culture of transparency.
Engineers restored power to some reactors at the Fukushima Dai-Ichi plant over the weekend, although new concerns about food contamination appeared after radiation levels were detected in tap water near the complex.
Syun-Ichi Akasofu, the former director of the International Arctic Research Center at the University of Alaska-Fairbanks, has determined that IPCC computer models have not even been able to duplicate observed temperatures in Arctic regions.
FORBES: Climate Forecasting Models Aren't Pretty, And They Aren't Smart
And speaking of the potential for a nuclear disaster, it is becoming clear that while the situation is tragic, the Dai-ichi plant is not Chernobyl and is not going to have a major economic impact.
FORBES: My Apologies If I've Offended Anyone in the Bear Camp Today
It has become clear that TEPCO, the operator of the Dai-Ichi plant, has covered up safety and maintenance issues for years and may have dragged its feet responding to the current crisis trying to preserve its assets.
"The scenario that Japan's economy will get on a recovery track later this year has not changed, " said Yoshikiyo Shimamine of Dai-Ichi Life Research Institute, adding that growth was given a lift by car manufacturers restoring production.
As The Economist went to press, helicopters were dropping water to douse overheating nuclear fuel stored at the Fukushima Dai-ichi plant, where there have been explosions, fires and releases of radiation greater, it seems, than the Japanese authorities had admitted.
The earthquake launched a tsunami, which killed thousands, and knocked out the nuclear power plant at the Fukushima Dai-ichi nuclear power plant, about 140 miles northeast of Tokyo, setting off a series of explosions, fires and large radiation leaks at the facility.
Some 110, 000 people living around the Fukushima Dai-ichi nuclear plant were evacuated after the massive March 11, 2011 earthquake and tsunami knocked out the plant's power and cooling systems, causing meltdowns in three reactors and spewing radiation into the surrounding air, soil and water.
When one breaks as happened on board the Deepwater Horizon rig in the Gulf of Mexico a year ago (see article), or at the Fukushima Dai-ichi nuclear plant in Japan last month there is no ameliorative technology on a par with that which has failed.
Meanwhile, the weaker yen means higher costs for rising imports of natural gas, which is priced in dollar terms, to help compensate for the loss of nuclear power generation capacity after most atomic power plants remain closed after the 2011 disaster at the Fukushima Dai-Ichi nuclear plant in northeastern Japan.
应用推荐