Economics

Fukushima Clouds Abe’s Bid to Start Nukes for Recovery: Economy

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Radiation spreading from Japan’s crippled Fukushima plant threatens to derail Prime Minister Shinzo Abe’s efforts to revive nuclear power and deliver the lower energy prices needed to power his economic reforms.

As Abe prepares for a trip tomorrow to the Middle East where he will promote sales of nuclear technology, the atomic industry at home is reeling. Japan’s nuclear regulator said this week that a new radioactive water leak was the most serious incident at the Fukushima Dai-Ichi plant since the March 2011 accident that devastated the site.