And obviously all of us were heartbroken by the extraordinary devastation that took place recently as a consequence of the tsunami and the earthquake and the nuclear crisis in Japan.
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With the ongoing nuclear crisis in Japan, the profit potential of major U.S. electric utilities has seldom been so uncertain.
Fear was the order of the day for global stock markets Tuesday as the threat of a nuclear crisis in Japan on the heels of a devastating earthquake rattled investors worldwide.
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Shunned by investors on Monday on fears that the nuclear crisis going on in Japan, as reactors explode and melt down after the horrendous earthquake and ensuing tsunami damaged cooling capacities, stocks from uranium miners to generator designers to plant builders have topped the charts for biggest losers.
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Markets have seen bouts of volatility driven by political uprisings in the Middle East and Northern Africa, the earthquake and ensuing nuclear crisis in Japan, and ongoing sovereign debt issues in Europe.
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With the previous tragic events of the tsunami and subsequent nuclear crisis in mind, Japan needs to develop a detailed plan to immediately shut down the nuclear plants, evacuate the surrounding areas immediately, and quickly contain any damage, leaks, etc.
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The big beneficiary in the aftermath of the Japan nuclear crisis will be natural gas related companies.
One week ago in this space, we noted a spike in fear among traders and investors, sparked by a developing nuclear crisis in Japan and continued tensions in the Middle East and North Africa.
They will have to oversee the biggest reconstruction effort in Japan since WWII and resolve the nuclear crisis at Fukushima where reactors are still leaking radiation.
The BBC's Roland Buerk in Tokyo says the new prime minister will have to oversee the biggest reconstruction effort in Japan since WWII and resolve the nuclear crisis at Fukushima where reactors are still leaking radiation.
BBC: Japan PM Naoto Kan announces resignation amid criticism
Radiation levels for miles around the Fukushima Daiichi nuclear plant in Japan are at dangerous levels and the crisis is not yet over.
But some in Mr. Obama's party want to evaluate the U.S. nuclear industry's safety practices and record in light of the crisis in Japan.
Then there was the unpredictable: the earthquake, tsunami and nuclear crisis that hit Japan in March.
As the world follows the ongoing crisis in Japan and new technological developments in renewable energy, the future of nuclear power is unclear.
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The company noted that European coal generation increased 13% in June over the last 12 months as a result of nuclear cutbacks, a knee-jerk reaction to nuclear power given the crisis at the Fukushima Daiichi plant in Japan, and higher gas prices, further feeding demand for coal.
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They blamed the global economic crisis and Germany's decision to phase out nuclear power in the aftermath of the Fukushima accident in Japan.
As the nuclear energy and uranium businesses recover from the crisis that was the Fukushima Daiichi accident in Japan, Cameco posted second-quarter earnings that reveal big drops in revenue and profit.
Gary Headrick, founder of the group San Clemente Green, said that such public pressure was needed in order to guard against a nuclear crisis along the lines of what happened last year at Japan's Fukushima Daiichi plant.
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