Medical and Hospital News  
DISASTER MANAGEMENT
Japan passes 4 trillion yen disaster relief budget

by Staff Writers
Tokyo (AFP) May 2, 2011
Japan's parliament on Monday passed an emergency 4 trillion yen ($49 billion) relief budget to help fund reconstruction after the deadly March 11 earthquake and tsunami devastated northeastern regions.

Ruling and opposition lawmakers put aside their differences in an effort to launch efforts to rebuild the country's quake-hit northeast as quickly as possible.

But analysts warned the passing of the budget will not ease pressure on under-fire Prime Minister Naoto Kan, who has faced criticism over the government's handling of the crisis and the subsequent nuclear emergency.

The extra budget, which totals 4.015 trillion yen, will cover restoration work such as clearing massive amounts of rubble and building temporary housing for the thousands of people who lost their homes.

The 9.0-magnitude earthquake and tsunami on March 11 left nearly 26,000 dead or missing and crippled a nuclear power plant, which has been releasing radioactive materials into the environment.

The nuclear accident and the natural disaster have forced the evacuation of more than 150,000 people from their homes.

The government will not issue fresh bonds for the extra budget but plans to divert some funds originally aimed at supporting pensions and child allowances, while also slashing plans to cancel highway tolls.

Kan plans to submit a "sizeable" second extra budget later to be financed by a government bond issue.

But the prospect of more deficit-spending has placed higher international scrutiny on the second extra budget, as such steps would further worsen Japan's battered finances, amid calls for higher taxes to pay for relief measures.

Japan has struggled to whittle down a public debt mountain at around 200 percent of GDP, the highest level among industrialised nations.

Last week ratings agency Standard & Poor's cut its outlook on Japan's sovereign debt following the quake-tsunami disaster, citing the risk of a downgrade if Japan's fiscal situation deteriorates more than expected.

It also warned that reconstruction costs could pass $600 billion. The top end of the government's estimate of direct damage from the earthquake and the tsunami is at around $300 billion.

Before the quake, differences between opposition and ruling parties delayed the passage of the regular budget for the fiscal year that started in April and prevented the enactment of crucial funding measures yet to clear parliament.

Japan's unpopular Prime Minister on Sunday pleaded for public "understanding" after a poll showed three-quarters of people questioned his leadership and handling of the crisis.

In a weekend telephone survey by Kyodo news agency, 76 percent of 1,010 respondents believed Kan was "not exercising leadership" in dealing with the March 11 quake and tsunami and the ensuing crisis at a nuclear power plant.

A senior nuclear adviser to Kan submitted his resignation Friday, and in a tearful press conference said the government had ignored his advice and failed to follow the law.

Toshiso Kosako, a Tokyo University professor who was named in March as an adviser to Kan, said the government had only taken ad hoc measures to contain the crisis at the crippled Fukushima nuclear power plant.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Bringing Order To A World Of Disasters
A world of storm and tempest
When the Earth Quakes



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


DISASTER MANAGEMENT
Japan PM on defensive over disaster leadership
Tokyo (AFP) May 1, 2011
Japan's unpopular Prime Minister Naoto Kan pleaded for public "understanding" Sunday after a poll showed three-quarters of people questioned his leadership and handling of the post-disaster crisis. In a weekend telephone survey by Kyodo news agency, 76 percent of 1,010 respondents believed Kan was "not exercising leadership" in dealing with the March 11 quake and tsunami and the ensuing cris ... read more







DISASTER MANAGEMENT
Day of prayer as US south mourns tornado victims

New material could improve safety for first responders to chemical hazards

Japan passes 4 trillion yen disaster relief budget

Japan PM on defensive over disaster leadership

DISASTER MANAGEMENT
GPS Operational Control Segment Enters Service With USAF

Apple denies tracking iPhones, to fix 'bugs'

GPS IIF Satellite Delivered to Cape Canaveral

S. Korea probes Apple about tracking feature

DISASTER MANAGEMENT
From day one the brain knows the difference between night and day

Media multitasking is really multi-distracting

Grandma was right Infants do wake up taller

Pain and itch connected down deep

DISASTER MANAGEMENT
S. Korea diplomat probed for ivory shipment

The winners of mass extinction: With predators gone, prey thrives

Jump in communication skills led to species explosion in electric fishes

Researchers turn to museums to track down clues in mysterious amphibian declines

DISASTER MANAGEMENT
Wrong strategy could worsen dengue epidemics: study

Large differences in mortality between urban and isolated rural areas

Antibiotic-resistant bacteria have evolved a unique chemical mechanism

New approach to defeating flu shows promise

DISASTER MANAGEMENT
Top Tibetan monk denies Chinese 'spy' tag

China frees rights lawyer but another disappears

Hong Kong businessman stands up for China dissidents

China calls Tibet exile govt 'illegal' after vote

DISASTER MANAGEMENT
Tension escalates as navies, pirates take off gloves

Firms plan private war against pirates

Australian navy rescues Somali pirate hostages

Spanish navy delivers suspected pirates to Seychelles

DISASTER MANAGEMENT
Walker's World: An Italian banker

China manufacturing activity slips in April

Caterpillar posts record Q1 profit, raises outlook

Japan Inc net profit tumbles in after quake: poll


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement