the ministers decided to cut the annual income of tepco managers by more than 30% from the predisaster level. the government is set to have a majority stake in the utility allowing it to make key managerial decisions. they also decided on ways to cut budgets for equipment by having competitive bids more often. edano is expected to instruct tepco to revise its request to raise power charges based on new guidelines agreed by the ministers. >>> if everything goes smoothly, the government will give its approval to increase the power charges. they will become effective on september 1st. tepco will be thrown into a tough spot as the increases in electricity charges are below what it requested. tepco and the state-backed nuclear accident compensation fund developed a comprehensive plan in may to turn around the, tilt's business. the plan calls for an injection of public funds benefit $13 billion and a hike in electricity rates over 10%. the funds would help tepco ensure a stable power supply, compensate people suffering from the fukushima daiichi accident and decommission the reactors there.

tepco blamed only the tsunami in its investigation. the report emphasizes tepco failed to give staff at fukushima daiichi enough training to take proper countermeasures in the event of a disaster. the panel also notes the role of tepco and the government had not been clearly defined should a serious accident occur. it says this tloed the failure to contain the situation. the report also looks at japan's nuclear power industry. it strongly condemns tepco for using its dominant position to loosen regulations. it also criticizes the utility for refusing to disclose information even after the disaster. the panel says workers at japan's nuclear regulatory agencies were no better. it evaluates their level of expertise as poor. it says the nuclear and industrial safety agency and the nuclear safety commission didn't maintain independence from pro-nuclear government bodies and didn't prioritize public safety. >>> nhk world's mitsuk mitsuko nishikawa has spent the day reading the report. you've read the script in detail. this diet appointed pan

the committee says a safety myth blinded tepco executives. they believed a serious accident could not happen so they did not educate and train employees to deal with worst-case scenarios. members of the committee also criticized japan's nuclear safety agency. they say regulators failed to fulfill their mission to review disaster-controlled measures at nuclear plants. >> the diet commission says it wasn't just the tsunami that damaged fukushima daiichi, actually the earthquake might have played a role. if that's true, the operators and regulators would have to review the ability of nuclear plants to withstand quakes. what does the government committee report say on this matter? >> the committee looked at radiation and pressure levels in the containment vessels between the start of the earthquake and the time that the tsunami hit. it says that the damage before the tsunami was not serious enough to release radioactive substances. but investigators did not define damage caused by the earthquake and the damage caused by the tsunami. more analysis

the committee says a safety myth blinded tepco executives. they believed a serious accident could not happen so they did not educate and train employees to deal with worst-case scenarios. members of the committee also criticized japan's nuclear safety agency. they say regulators failed to fulfill their mission to review disaster-controlled measures at nuclear plants. >> the diet commission says it wasn't just the tsunami that damaged fukushima daiichi, actually the earthquake might have played a role. if that's true, the operators and regulators would have to review the ability of nuclear plants to withstand quakes. what does the government committee report say on this matter? >> the committee looked at radiation and pressure levels in the containment vessels between the start of the earthquake and the time that the tsunami hit. it says that the damage before the tsunami was not serious enough to release radioactive substances. but investigators did not define damage caused by the earthquake and the damage caused by the tsunami. more analysis

the report singles out tepco for failing to take sufficient preventative measures. the experts say tepco executives lacked the will to thoroughly investigate the causes of the accident. >>> the head of the expert panel says the probe into what went wrong at fukushima daiichi and what's going on the nuclear plant needs to continue. >> translator: we said the investigation must carry on, because the accident is still ongoing. we can't believe an investigation that requires observation for a long period of time should be thrown to its end. >> prime minister noda says japan's nuclear industry is safer than it was before march 2011. >> translator: with the newly launched nuclear safety commission, we will make every effort to ensure an accident of this kind will never happen again. >> people who fled the towns and cities around fukushima daiichi aren't happy the government has wrapped up its investigation into what went wrong at the nuclear plant. the threat of radiation is still keeping thousands of residents away from their homes. >> translator: i can't believe they're

ground and the ocean effects of this radioactive dump are still not known in february of this year tepco began pouring cement around the plant as part of a decommissioning process a process that operators believe could take as long as thirty years but despite assurances from tepco the plant is stable evidence shows the nuclear crisis is still far from resolved you know for reactor building with tons of radioactive fuel and waste still stored in its rough is lean and in danger of toppling over and triggering a chain reaction radioactive fire that could blow exponentially more radiation into the atmosphere than even sure ennobled it and radiation levels at reactor one recently reached all time highs yet japan is still moving forward with nuclear power just this month reactor at the oyo nuclear plant was turned on marking the first time a japanese nuclear reactor was operational since the march earthquake the question is have the lessons of fukushima been learned and not just in japan the crisis continues and could worse but also have they been learned in the united states that's the topic

tepco blamed only the tsunami in its investigation. the report emphasizes that tepco failed to give staff at fukushima daiichi enough training to take proper countermeasures in the event of a disaster. the panel also notes that the roles of tepco and the government had not been clearly defined should a serious accident occur. it says this led to the failure to contain the situation. the report also looks at japan's nuclear power industry. it strongly condemns tco for using itdominant position to loosen regulations. it also criticizes the utility for refusing to disclose information even after the disaster. the panel says workers at japan's nuclear regulatory agencies were no better. it evaluates their level of expertise as poor. it says the nuclear and industrial safety agency and the nuclear safety commission didn't maintain independence from pro-nuclear government bodies and didn't prioritize public safety. panel chair kurokawa emphasized the key points the panel members concluded in the final report. >> i think we have to have shari

tepco workers struggled to gather and provide information. the utility held its first large-scale emergency drill since march 2011 in an effort to make improvements. about 300 people, including the firm's new managers, took part in the exercise. tepco officials conducted the drill as if a magnitude 7.3 quake had struck beneath koto ward near tokyo bay. in the scenario, the tremor damaged power lines and substations. utility officials practiced confirming the situation at local thermal power plants. they also calculated electricity ly forecasts after a possible suspension of power. they used a video conferencing system to simulate how they would monitor the impact on the utility's two nuclear plants in fukushima prefecture northeast of tokyo. >> translator: restoring public confidence is a big challenge. we have to review our old system of emergency crisis management. >> reporter: tepco spokespersons say the utility wants to repeatedly stage this kind of drill. >>> japanese ministers are working on streamlining some of their policies. they hel

it said that the plant that operated tepco thought the facility was saved but wasn't prepared for theisaster. >> the government's 450-page final report is a blistering critique of the fukushima disaster was handled. it's as the government, regulators, and operators ignored the inherent dangers of nuclear power. prime minister yoshihiko noda was handed a copy of the findings. the 10-member and our panel has called for more responsibility and independent thinking. >> when disaster strikes, you have to be able to make decisions under extreme pressure. if someone is not prepared to do that, then they're not qualified to be running a nuclear plant. >> the report is especially critical of the fukushima plant operator tepco. investigators said the company was less than cooperative in tried to play down the extent of the damage. meltdown's occurred in three of the reactors following last year's earthquake and tsunami. the report says tepco was ill- prepared to cope with the disaster and is still struggling to deal with the fukushima site. the government's decision to reopen at nuclear plants

for tepco, lowering the rate increase may hurt its earnings outlook. in light of the situation, the nuclear compensation fund is looking to postpone a public fund infusion for tepco. main lenders are also considering holding off on loans, which tepco needs ahead of a debt rollover deadline at the end of this month. >> thanks very much. >>> the hits keep coming for that firm. japan's largest online retailer rockatan will launch their own e-reader. india's parliament will elect the country's new president. >>> and tmse will be among those reporting second quarter results. >>> we'll take a short break. we'll be back out in madrid as latest figures show bad loans, almost 20 years in deposits dough claned by 5% year on year. >>> welcome back to the program. you'll find an article by hugh hendry says we're only single digit years away from a crash that will give investors the opportunity of a lifetime. do you agree with his call? he also says u.s. treasury yields will keep heading lower. if you want to join the conversation here on the program, get in touch

they were made public after the government criticized the operator, tepco. the nuclear crisis operator failed there were images not released. some show waves surging into the plant and sweeping away a tanker that's attempting to leave the port. the wall of water moves through the grounds and carries away large containers and other debris. the pictures also show frightened workers gathered on a rooftop. tepco officials say they originally showed only the photos showing the tsunami most clearly. they apologize for not revealing the entire set. >>> operator of a nuclear facility neighboring fukushima are dealing with a problem they never faced before. there are rods in the atlanta which are currently offline, engineers inspected the 4.5 meter high met cal containers in a storage pool in reactor 3. they found a chip in one of more than the 1300 containers, indentation measures two centimeters by several millimeters wide. engineers discovered similar chips in other containers. the electric power company runs the plant, spokespersons say the fuel rods are in tact

tepco staff are monitoring radiation levels and footage from under water camera to make sure they remove the right rod. they say the operation went smoothly and they'll take another one soon. they'll inspect the metal containers of the collected rods in late august to determine whether there is any corrosion or other damage. they want to begin extracting the remaining rods starting in december of 2013 but they still have to figure out to remove the more dangerous used fuel rods. experts argue tepco workers will face other challenges, for one they say the reactor four building wouldn't withstand a strong earthquake. on top of that, they point out crews will first need to clear the debris around the storage pool. >>> the fukushima accident forced operators to gradually shut down all of japan's nuclear reactors. the government decided last month to put two units put online at the ohi plant. the first reactor reached full operating capacity nine days ago. engineers just restarted the second one. the ohi plant operator say rods that prevented nuclear fission inside unit four were lifted aroun

it's giving tepco $13 billion. this is part of a restructuring program the utility created in may. the money comes from a state-backed bailout fund. the financial support will help the firm pay for the cost of compensating victims of the nuclear accident and scrapping damaged reactor. the president says the company will try to revitalize itself. he says it will also use the funds to secure a stable supply of energy. >> translator: it's impossible to compare the time frame of this move with other companies that have had injections of public funds. state control is expected to last for quite some time. >> tepco executives are also dealing with rising fuel costs for the utility's thermal plant, plus the government rejected the proposal to increase electricity charges by more than 10%. it only approved a hike of 8.5% and told the company to cut costs. >>> residents of the commercial >>> spain's unemployment was the highest in the region hitting a record 24.8%. the latest data for greece are available only for april. 22.5% of greek people were without work in that month. japanese electr

tepco says it cannot reveal the date of the test for security reasons. if successful, the utility plans to start removing the rest of the fuel rods in 2013. >>> facebook, the world's largest social networking service, boasts around 900 million active users. but rival networks in other regions are enjoying explosive growth. china has its microblogging service with 300 million users. russia's leading service has 100 million. and very soon the middle east will have its own. >> now, there is going to be a new alternative, salamworld. >> the ambitious aim of this social network is to connect the 1.5 billion muslims around the world. nhk world's sunshine paklibar sheds light on this new arrival. >> reporter: salamworld is based in istanbul, turkey, on the border between the middle east and europe. >> as salamworld, our aim is open muslims to the world, and the world to muslims. >> reporter: salamworld is aiming to become the muslim version of facebook. it hopes to attract 150 million users within the first three years. the platform will be available in eight d

they say the operation went smoothly, and they'll take o the e tepco workers will face other challenges. run tokyo's haneda internatio with a threat in the strike w ake off and bird strike gained prominence in 2009. a laguardia ines, shutting them cases at surged by rators opened a new runway in 2010. this strikes. the noise mimics the cry birds under attack. s of their species are at so they've introduced invested about $12 million on the new system. airport bird cam kind in the world. here's sent to flying in this direction. >> reporter: the off ptains of potenti y where birds are. s an to install the cross the worth investment. jun a but you might not know that the world's number one video facing challengers. this platform also offer s one from india. is explains. >> reporter: nature in vivid closeup. cutting edge computer generated animation. kind of vime popular with the young in new york. they got to see and hear some of videos possible. it's much er. the environment is better too. >> p and >> reporter: one reason fo videos produced th free of charge. there is signing up s. ng bec

it specifically goes after tepco-- tokyo electric power company-- which owns the fukushima plant and nisa, japan's nuclear and industrial safety agency. "there were many opportunities for taking preventive measures prior to march 11," the report reads, "the accident occurred because tepco did not take these measures, and nisa and the nuclear safety commission, went along. they either intentionally postponed putting safety measures in place, or made decisions based on their organizations self interest, and not in the interest of public safety." it also finds fault with the response from tepco, regulators, the government and the prime minister, known as the kantei, who visited the plant the day after the tsunami. among other questions, the report raises this key one: did the tsunami inevitably lead to the disaster? both the findings and the report's criticism of a conformist culture suggests there could be bigger problems with some of the 50 other reactors in japan. only hours before the report was issued, the ohi reactor in western japan came back online-- the first to be restarted si

there is a lot of frustration turning into a fury, and is directed at tepco. >> the actual moment friday night when the lights went out. tonight the battle to restore power continues,. the 96-year-old struggles to grbreathe. >> each year is getting worse and worse. >> a slight breeze through an open window is his only relief from the stifling heat. >> it is burning up, but if you go upstairs, that is helenl. >> it could be a few more days until power is restored. >> it will probably be another week. we are living with the devil. >> the d.c. mayor hit some of the hardest-hit neighborhoods. he echoed the outrage. >> they have no request for a rate increase. tracks she is a lovely man tonight. she said they cut a tree in front of her house to restore power lines but she had a power outage in the way. >> the benefit nothing from it. >> this is one of the worst storms they have seen in a long time. it was actually worse than hurricane irene. they are working around the clock, but acknowledged some people may still be in the dark next weekend. >> the situation is just as bad if not worse in mo

. >> there was collusion between the government and tepco, the operator. the disaster could have been foreseen and prevented. they failed to adopt global standards. there was unforgivable arrogance and ignorance. sways of land around the site remain contaminated. tens of thousands have been forced to leave. governments around the world are still deciding their own nuclear futures. the report says japan have a right to be safe from nuclear accidents, and that wright had been -- that right have been abused. >> let's go to tokyo now and our correspondent, mariko oi. what is the reaction there? >> one of the ministers said it was questionable this was a man- made disaster. as you said, the report, which was expected to use strong language -- i do not the in many people expected it to be this harsh. the report said it was very critical of the then prime minister and his government's handling of the crisis immediately after. it also said the disaster was made in japan, that some of the fundamental reasons or causes could be found in japanese culture, such as peo

tepco says it will present next week a new set of compensation standards that reflect the government's guidelines. >>> japan will dispatch two maritime self-defense force ships to the persian gulf in september to take part in a multinational mine sweeping exercise. the country's defense minister says the drill will help contribute to international security. morimoto says japan will provide a mine sweeper, a tender and 180 sailors for the exercise around the strait of hormuz. more than 20 countries, including the united states, will take part. >> translator: the drill will strengthen the japan/u.s. alliance and contribute to the security of international ship i ing. >> the strait is the key oil shipping route for the middle east. about 90% of japan's crude oil imports pass through the strait. the drill is apparently aimed at keeping iran in check. the country has threatened to lay mines to block the strait. it's the second time that japan will take part in the exercise following one last october. >>> chinese are drinking more wine than ever as their thirst grows, winemakers at home and

hosono also said he believes the lack of a clear division between the roles of the government and tepco added to the confusion in the wake of the accident. >>> the u.s. labor department has just released the latest employment figures. the unemployment rate remains stable at 8.2% last month. but the number move to jobs outside the agricultural sector was lower than expected. the labor department says employers added 80,000 nonfarm jobs in june. that's approximately 20,000 less than analysts expected. employment in the manufacturing sector continued to edge up, but figures for mining, construction and retail remained at a standstill. >>> the international monetary fund chief has praised japan for raising the consumption tax but urged the country to make further efforts in restoring its fiscal health. christine lagarde spoke in tokyo on friday. she said japan needs to cut spending and further increases in taxes. earlier last week, the lower house of parliament passed bills to raise the consumption tax. >> this is a very good, solid way to address fiscal consolidation needs. it's not in and

. >> hosono also said he believes the lack of a clear division between the roles of government and tepco added to the confusion in the wake of the accident. >>> relations between pakistan and the u.s. soured after pakistan closed supply routes to nato forces in afghanistan in protest of u.s. cross-border attacks. tensions between the two countries may ease now that the roads are open again. but problems remain. patchari raksawong in our bureau in bangkok has the details. >> a vital artery for american troops in afghanistan is now reopened. pakistan lifted road blocks on supply routes used by nato forces on thursday, seven months after they were closed. expectations are high for improved bilateral ties between pakistan and the u.s., but public resentment towards the government in pakistan is on the rise. >> thousands of pakistanis took to the streets on thursday to protest the reopening of the route. angry demonstrators are denouncing the government's decision which was made without a promise from the u.s. to halt the deadly drone strikes. >> we don't accept the decision of the government

tepco says it will present next week a new set of compensation standards that reflect the government's guidelines. >>> chinese are drinking more wine than ever. as their thirst grows, winemakers at home and abroad are sniffing a good business opportunity. already some chinese vintners are making wine so good that overseas customers are buying it. nhk world's susumu kojima reports on china's growing wine industry. >> reporter: even though wine cultivation is not part of china's culture, scenes like this have become more common in recent years. chinese are drinking twice as much wine as they did five years ago. >> translator: i love wine. i always drink it. >> reporter: amid the boom, some chinese have been putting up their own version of a building seen in france's wine growing areas. these chateaus, as they are called, indicate the owner has both a vineyard and facilities for processing wine. i'm in shandong province, a coastal region of eastern china. wine production is increasing here to meet the strong demand from chinese consumers. china's biggest wine producer with a history of 12

. >> he also said tepco would decide what to do with fukushima dinei. >>> crews at a nuclear fuel reprocessing plant in japan have resumed tests to prepare for handling radio active waste. but the impact of the country's nuclear accident is raising questions about the future of their work. the reprocessing plant has been idle for more than three years. test operations began wednesday at the japan nuclear fuel facility in northern japan. they involve mixing radioactive waste water with glass to make nuclear waste. repeated incidences caused it to be taken off the grid in 2008. on reporting the spent nuclear fuel both domestic and imported. crews extract plutonium in the nuclear process again. the ongoing crisis sparked by the 2011 accident at the fukushima daiichi plant put the recycling policy under heavy scrutiny. a government review is expected to reach a conclusion this summer. >>> car manufacturers around the world can't help but feel uninspired by recent headlines. many of their customers in europe and in the u.s. are caught up in the downturn. some are looking into emerging markets to fi

hardly it's serious deficiencies by both the government and the company in charge of the facility tepco the operator says there was nothing you could have done to counter the earthquake or tsunami which led to meltdowns and radioactive leaks in march two thousand and eleven. well airport security can be a little overzealous at times but in israel it's taking off to a whole new level beyond the scammers pat downs and bag searches guards even asked to inspect passengers personal e-mails for any traces of pro palestinian activism i suppose there are now reports even a tourist family tree can get them turfed out. they come in millions to touch the hoody now and many of the frustrated seniors will more than the airport instead of touching the holy land they are brushed by a port security and sent home with them goes a large slice of the country's tourism sandra tamale from illinois in the united states was one of the disappointed i had with my passport over and the young woman looked at me and what is your father's what is your grandfather's name and when i told her she asked. have a space w

the government also found that tepco continues to drag its feet in investigations. last year's meltdown was the worst nuclear accident since the chernobyl disafter ther in 1986. >>> jury selection gets under way in the drew peterson trial. he is a former chicago area police officer accused of killing his third wife in 2004. now, he is also suspected in the 2007 disappearance of his fourth wife, stacy peterson. jurors are likely to hear from witnesses who describe how peterson threatened his wife. >>> it appears michael jackson's mother is not missing after all. the king of pop's brother, jermaine, twreeted that his mother is safe and resting on doctor's advice with his sister in arizona. 82-year-old katherine jackson was reported missing by a family member on saturday. even michael jackson's daughter paris tweeted about her missing grandmother. >>> pope benedict xvi is reacting to the colorado movie theater shooting. the pontiff addressed pilgrims at his summer residence. he says he was deeply shocked and saddened by the senseless violence in you're or aand he share

reactor that's ten times more radiation than in reactors two in three of the operators of the plant tepco workers are unable to enter the site due to the high levels of radiation so is it really wise for japan to be restarting its nuclear plants all the country is still trying to resolve the world's worst what may well be the world's worst nuclear disaster here to offer his take on this is paul gunter the director of the reactor oversight project at the nuclear paul welcome and he thinks into thank you first of all is this yet the world's worst nuclear disaster absolutely this is a. it's a disaster that is still unfolding first of all we're still concerned that fukushima unifor even tokyo electric power company now is admitted that two of the walls are bulging out. underneath this elevated fuel storage pond with one hundred thirty five metric tons of nuclear waste so we're still in a print progress of an accident that could yet unfold into even a larger catastrophe well we just saw this radiation spike at fukushima reactor one what does that mean again we have the inside these reactors th

crisis for the second time in a month another damning report is out blaming the nuclear crisis on tepco the operators of the fukushima plant and government regulators who failed to take necessary measures to ensure the plants were safe from natural disasters in recent weeks japan has restarted two nuclear reactors for the first time since the crisis began last year but this new report suggests that the steps taken since last year to prevent another nuclear crisis are not sufficient to deal with potential disasters both manmade disasters and natural disasters unfortunately the panel admits it didn't have time to look deeper into the situation at reactor four which many fear could collapse should even a small earthquake strike and could trigger a nuclear catastrophe worse than chernow i've said it before on this show i'll say it again and again nuclear power is the most expensive and dangerous form of electrical energy generation on the planet it's time for all of us to work together toward creating a world free of x. . crazy alert sex toys look so real ways days especially in china you m

the government of japan and tepco are actually bringing people back into cities within a few miles of focus shaimaa this make any sense. absolutely not but as an independent commission of the japanese diet the japanese parliament declared just a few weeks ago what we have are captured regulators in japan frankly it's more than that you have a captured government a government captured by the the nuclear industry the nuclear establishment and a point i'd like to make which mainstream media has not touched in all these many months that coke and pepsi have nuclear power worldwide stokley general electric and westinghouse eighty percent of nuclear power plants worldwide are manufactured or designed by either general electric or westinghouse what happened in two thousand and nine well a company called toshiba bought westinghouse and later in two thousand and nine a company called a touchy product made with general electric and its nuclear division so now they the coke and pepsi of nuclear power worldwide are basically japanese brands amaze which i mean has it all the car it's always interes

radiation having them cover their dissimilar so they would even know that they were being soft killed by tepco tokyo power killing the workers but that's of course discovery and supply and demand issues curves meeting and what the price is that generated by these two things meeting in the open free market society and what you've just described and i completely agree with you is that the price discovery mechanism the micro economic plateau upon which this global economy sits is totally corrupted and this is the he this insidious bit about lie bore is that it's the macroeconomic grain of sand upon which is built civilization which is now dissolved thing because it is on anchored to anything but the fraudulent intent of those who are manipulating that price in ways that tilt the free market. pool table of wealth in ways that were all the balls of wealth go into the pockets of the few it suits my career nomics to start micro economics and as we see the pickup in the decline going on in the global financial collapse this is partly i think because you know we see this massive group of baby boomers s

radiation having them cover their dissimilar so they would even know that they were being sought killed by tepco tokyo power killing the workers but that's of course not dissimilar that is a one ounce silver eagle of pure silver and i get your point though that the only defense against. fraud on the scale of a robotic spineless rat hearted jellyfish like jamie diamond is silver and you know here's i'm telling you out there there's about twenty or thirty trillion in cash socked away in this untaxed shadow economy. you know who you are. put five percent of that to work in silver today these dust scimitars just because you cover it with a lead and the readings don't say that the men are being exposed to high levels of radiation the fact is a few years later they suddenly drop dead and this is what we've seen over the years over and over and over from financial regulators from central bankers from treasury secretaries around the world everybody is engaged in basically covering our dosimeters our financial dissimilar is with lead so whether it's artificially manipulating the libel rates to rigging th

it highlights serious deficiencies by both the government and the company in charge of the facility tepco but the operator says there was nothing it could have done to counter the earthquake or tsunami which led to melt and radiation leaks back in march twentieth eleven. ok you clean let's wait for the clock twenty three minutes past eleven o'clock here in moscow i like to be precise natasha. reportedly turned turning down an easy you bellowed offer from russia because the terms were better for. absolutely well the e.u. bailout itself is nothing more than a loan but in addition to paying the interest rates the borrower also has to agree to the austerity conditions while cyprus instead of doing that is basically exploring other options all the details in just a minute but first let's check out what's going on on wall street where equities are actively trading this hour and they are a mixed as you can see choppy trade for the dow with traders are disappointed by the latest services sector report that shows that the sector has slowed down to the lowest level for twenty times now on to euro o