Japan's Tepco compensation plan gets cabinet OK

By REUTERS
June 14, 2011 05:52

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

TOKYO - Japan's cabinet approved a scheme on Tuesday to help Tokyo Electric Power Co compensate those affected by the radiation crisis at its stricken nuclear plant, a step forward in a slow-moving process that has frustrated not only the victims but also investors.

The news sent shares in the utility, known as Tepco, higher in early trading, with a glut of buying seen just after the announcement. Other Japanese utilities' shares also rose.

It remains uncertain when, or even if, the scheme will be enacted into law, given the shaky political landscape under lame-duck Prime Minister Naoto Kan, who has been unable to push through several disaster-related bills in a divided parliament.

Related Content

Breaking news
August 20, 2018
King of Morocco appoints new minister for economy and finance

By REUTERS