FUKUSHIMA: Japan scrambled to avert a meltdown at a stricken nuclear reactor on Monday after a second hydrogen explosion rocked the facility, just days after a devastating earthquake and tsunami that killed at least 10,000 people. Roads and rail, power and ports have been crippled across much of Japan's northeast and estimates of the cost of the multiple disasters have leapt to as much as $170 billion. Analysts said the economy could even tip back into recession.
Japanese stocks closed down more than 6 percent, the biggest fall since the height of the global financial crisis in 2008.
Japanese stocks closed down more than 6 percent, the biggest fall since the height of the global financial crisis in 2008.
This is not a good news for the world.
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