a state of emergency in japan tonight. officials are still trying to assess the scope of the damage and casualties from that massive earthquake. susie, the magnitude of the quake 8.9 is the strongest on record in japan. >> susie: tom, it's still not clear what the devastating earthquake will do to japan's fragile economy and the global markets. here in the u.s. despite the japan's stock index tumbled almost 180 points closing just minutes after the earthquake hit. >> tom: we spoke with our correspondent in tokyo. and began by asking lucy craft what's the initial assessment of damage to businesses and industry in japan. >> companies hit quite hard. sony, hond on, toyota, the major auto makers have a lot of factories up in northeastern japan. there's been a range of damage to these companies. so those factories will be kind of knocked out of operation for various amounts of time. fortunately, the northeastern area of japan is very sparsely populated. this is -- if you compare this to the kobe earthquake of 16 years ago, it a

japan. the nikkei lost more than 10%. most european markets also fell. the question for investors is what to do now? is the stock market overreacting to the crisis in japan, or does it pose a major threat to global growth? market strategist alec young says the answer depends on the extent of the damage to japan's nuclear plants. >> unless we are really looking at a repeat of chernobyl, where we had a major nuclear meltdown and radiation spreads throughout tokyo, and it really takes their economy offline for a very long period of time, i think anything short of that has already been priced in. >> reporter: but there are also concerns about disruptions to global economic supply lines. japan is home to many of the world's biggest manufacturing and electronics companies. instead of selling those stocks, some strategists say "buy them." >> i think long-term investors would be rewarded, looking at the best of breed type of companies-- big export manufacturers in the auto space, in the electronics

it's condition critical in all six reactors that japan's stricken nuclear power plant cooling systems failing and threats of a nuclear meltdown and rising to the highest level since the explosions at the facility began. signs of a growing distress among the people of japan as fears rice your authority is not telling the whole truth on the situations getting out of control that doesn't produce panic it just makes people all the more uncertain when believe they can't trust for the information they're being given. and the death toll from friday's devastating earthquake and tsunami climbs to nearly three thousand where the thousands more considered to still be missing. and the nuclear drama unfolding in japan problems experts worldwide to question schuman reliance rather and over reliance on technology that often proves more dangerous than helpful. very well welcome to you with r.t. arrived from moscow japanese officials confirmed that a radioactive materials have leaked into the atmosphere following a fire at reactor number four the fukushima power plant but fire a section of damaged an

>> japan is a critical ally. a critical ally next door in asia is north korea, is china and these are countries we've had our difficulty with. >> japan has stepped in to help with the united states on several issues. plus he says it's just the right thing to do. >>> still more amateur video is emerging from japan tonight showing the tsunami that swept away entire cities. this is video shot in mioko city. the moment the tsunami barrelled through the narrow bay and sent ships crashing into highway overpasses. the water carried houses, cars and debris up to ten miles inland. 9500 people in one northern town alone are missing which gives you a sense of why leaders are expecting the death toll to climb above 10,000. we'll have much more on the devastation in japan throughout this newscast. nbc news is airing a special edition of "dateline" live from japan. lester holt in is tokyo and ann curry is on her way to sendai. that's coming up at seven:00. we'll also check back with george kiriyama who's in japan later this ho

next peter lavelle's gas discuss the impact of japan's or of the japan earthquake disaster on the global economic recovery and if it can trigger a double dip recession cross-talk coming. hungry for the full story we've got. the biggest issues get a human voice face to face with the news makers on the. wealthy british science. markets why not scandal. find out what's really happening to the global economy in the kinds of reports on our t.v. . keep. flowing and welcome across town dying peter lavelle japan's agony in the world's x. globalization we are told is a process that can benefit all that's when times are good but when a disaster hits or major economic and trading power the forces of globalization punish the entire international system where does japan go from here. we can. discuss the impact of japan's multiple tragedies i'm joined by patrick young in vienna he is the executive director of devi advisors and dallas we have lloyd dumas he's a professor of political economy economics and public policy at the university of texas at dallas and author of the book the technology trap and

., or japan. guest: with the response by the tokyo electric power company, japan's nuclear industry, or the japanese government, has anything surprise you personally in the last week and a half? guest: i think this is a very difficult situation. these situations present new information and new challenges. anytime i have been involved in any type of emergency response, i find information is more difficult to obtain and we think it is. and we always have more conflicting information than we would like. in that sense, that is a lot of what we are seeing. that is not necessarily a surprise. it is one of the challenges of dealing with a fast-moving scenario like this. when you have the devastation that you are seeing as the result of the hurricane and a tsunami. host: what can we do and the u.s.? guest: the more that you prepare a new plan, the better the decision making will be and the better your information flow will be. there always be a degree of conflicting information and just uncertainty. the c

it is saturday morning in japan. the sun is up and the extent of the catastrophe is becoming painfully clear. it's been nearly 24 hours since a powerful earthquake touched off a huge tsunami that swept across japan's east coast. the quake, a magnitude 8.9, was the fifth-largest in modern history. centered off japan's northeast coast, it was felt for 1,300 miles. very early reports say more than 400 people are dead. japan's kyoto news agency says the final number is expected to top 1,000. most of the victims drowned. nearly 1,000 are reported injured, more than 500 are missing. and four million homes and businesses lost power. the first estimate of the damage: $10 billion. that damage includes a nuclear reactor in northeastern japan. radiation levels are soaring and the area is being evacuated. most flights between the u.s. and japan have been canceled, and there were fears the tsunami would pound the u.s., but by the time the waves reached hawaii and the west coast this morning, they had lost most of their punch. pre

stocks sell off on worries about japan. the dow fell 51 points, the nasdaq lost 14 and the s&p 500 was down seven. trading volume started the week with 962 million shares moving on the big board and 1.8 billion on the nasdaq. fed chairman ben bernanke meets with his interest rate committee tomorrow. topping its agenda? whether to change its $600 billion bond-buying program that's set to expire june 30. some members fear the bond buys could spur inflation when combined with rising prices for food, fuel and other commodities. but former fed staffer vince reinhart thinks the fed will stay the course. >> they probably won't do anything to touch any of the characterizations of policy, because they don't want market participants to get confused or think they're going to be rushing for the exits anytime soon or, given the tension in the objective, adding to the overall amount of qe2. >> susie: and the nasdaq could be making a bid for its arch rival, the new york stock exchange. reports say the nasdaq omx group has lined up $5 bill

stop guying peter lavelle japan's agony in the world's x. globalization we are told is a process that can benefit all that's when times are good but when a disaster hits a major economic controlling power the forces of globalization punish the entire international system where does japan go from here. to. discuss the impact of japan's multiple tragedies i'm joined by patrick young in vienna he is the executive director of d.d. advisors and dallas we have lloyd dumas he's a professor of political economy economics and public policy at the university of texas at dallas and author of the book the technology trap and in chicopee we cross a michael lynch he is president of strategic energy and economic research and another member of our cross talking yelena hunger all right gentlemen this is crosstalk that means you can jump in anytime you want michael i'd like to go to you first the first question a lot of people are asking looking at these horrific tragedies being played out in japan is what about the global recovery the fragile global recovery

san jose's japan town. we have seen generations of people, people who were born in japan and have been here for many, many years. also, children who are four or five generations removed but all trying to make sense of the disaster that they have been watchinging for days. our first stop, a preschool where the children are trying to make sense. she's a volunteer helper at lotus preschool as she helps the children glue and write, she's also thinking about her family in japan. >> my niece is in tokyo but she said not much damage. the houses -- she says three story house, almost fall down but still okay. >> reporter: her niece is okay. her teenage children couldn't make it home the night of the quake. the rest of her family lives far enough that they are unaffected. one thing she told me truly put the disaster in perspective. >> reporter: more scared. >> reporter: generations removed from japan, they know that that is their cultural heritage. >> in japan, the earth rumbled and several people got hurt. >> keepin

thanks rory and we stay with japan concerns about the state of japan's economy have been rising as the extent of the devastation becomes clear initial estimates already put the country's losses at one hundred seventeen billion dollars but some experts say the actual loss could be even more although the quakes fury bypass japan's industrial heartland the shock waves have been felt throughout the whole business sector power supply is critical in the country for us to go to nice and i've had to stop production because with eleven out of japan's fifty four power stations out of action they are running out of energy carmakers shipbuilders technology companies worldwide are short of supplies after the disaster transportation is also badly affected ports handling as much as seven percent of japan's industrial output sustained major damage with most likely to be out of operation for months and damage to refineries having a knock on effect with queues forming a natural one. second of the reaction on the asian markets. pretty pretty depressing isn't it to see the nikkei down more than ten percen

here now a look at the images in japan. in the hardest hit corner of japan, survival. in the middle of so much destruction and loss, hope. a group of kindergartners rescued, stranded aboard a boat. now back on land. treating their injuries on the spot. today, growing worries about those who hadn't been found. lists of evacuees were posted at local shelters. >> my husband hasn't come here yet. he left home a little later than me. our house was swept away. >> on the roof of one hospital the staff used towels and sheets to spell out a simple desperate plea. 300 people help. and elsewhere, a young woman says she's glad to be alive. >> we are all right. i'm relieved that my baby was not harmed. >> and that is nbc "nbc nightly news" for this saturday night. i'm lester holt reporting from tokyo japan. i will see you back here tomorrow, on "today". thank you for watching everyone. and good night. -- captions by vitac -- www.vitac.com >>> good evening. i'm diane dwyer. we begin with more fallout from the magnitude 8.9 earthquake and tsunami in japan. tonight another reactor has

sector of japan. assuming it might come across the pacific ocean, through hawaii on to the west coast. since midnight last night through this morning we've been monitoring, with all of the data information and tsunami for the state of california and the whole west coast. as of today as of 8:08 we expect impact of the tsunami waves to hit the western shores of the united states. having said that, the monitor indicates we will in the san francisco area perhaps receive about a one to two feet increase in our wave. since it's low tide and we've been working with the science and tsunami warning centers, it will only result in a higher wave than usual and not exceed our seawall. we expect that not to happen and we'll continue to monitor it, but in extra precautions that we've taken, we have closed the highway, the upper highway and lower highway as an added precaution. we've asked our citizens and visitors not to be on ocean beach, just to take that extra precaution. we have not called for an evacuation. we

japan needs your help. many of us think japan is a first world country. it is, but there are people who haven't had water in days, there's no food, no gas up north. even in tokyo, it's getting to be like that in tokyo. a lot of people think japan doesn't need the money, but japan needs your help. >> i appreciate your time. thank you so much. again, here at the buddhist temple on fifth street in japantown in san jose, we'll be open from 6:00 to 6:30 to receive all donations. all donations will be going toward relief efforts. >> an emotional time for so many people in japan and here in the bay area. here now come the big waves again, nearly a week after our coastline was threatened by that tsunami surge, coastal cities are getting hammered. the high surf advisory is in effect until tomorrow morning. the surf came crashing over that seawall in pacifica. the pacifica pier which is typically open until 4:00 in the morning, did not open at all today due to the surf advisory. the most dangerous conditions are expected tomorrow evening. >>> it's been a difficult

when the last earthquake hit in japan. the community center raised about $600,000 in food, clothing, and money to send to japan. as soon as we heard word of the current earthquake and tsunami, we opened a fund. because it happened over the weekend, we haven't been able to gather as a group to decide what we're going to do in the future. tomorrow, we'll get together and discuss the plans we're going to have. >> that's going to include some of the business owners in the area. community members, and anyone who wants to be a part of it? >> soom of the community members will get together first, and we'll let the community know. >> reporter: have some people come to the community center trying to locate family members, or asking for help looking for family members? is the consulate involved in that as well? >> the consulate is very heavily involved. the center was immediately inundated with hundreds of calls, asking how they can help and find relatives and friends in japan. >> reporter: thank you for stepping aside, and talking

on edge. >> good afternoon from japan. there are new pictures showing the human drama after this horrible, horrible earthquake. for the first time in way we've never seen before, we're getting a look at the death, the destruction and the lack of basic supplies in the quake zone like food, water and gasoline. japan is about 10% simultaneoussimultaneous , 10% smaller than california. >> the destruction extends as far as the eye can see and almost incomprehensible landscape. emergency workers aided by 100,000 japanese troops, pulling out more bodies today. there are a few survivors left to find. japan hasn't seen anything like this since world war ii. friday's tsunami inundated communities, shattered minutes before by the most powerful earthquake japan has ever seen. for the living, a nightmare. million are without without water, and electricity. the trauma on people's faces is plain to see. hospital and shelters are completely overwhelmed. many roads are impassable. train service in many parts of the country is nonexistent.

but japan has been sluggish for a long time. and meanwhile the rest of the world this is all happening at a time when the rest of the world is actually getting a lot stronger. so it does, it does make me feel as though there is continued upside potential in the market. we haven't changed our strategy at the jpmorgan private bank. but i do think that investors who are sitting on the sidelines with a lot of cash are being presented with an opportunity to buy stocks when they're on sale. >> susie: so what is the opportunity? you said american companies. what types of american companies. i know you can't name names but what types of companies should investors be looking for? >> well, susie, this has been an extraordinary recession and now recovery with corporate balance sheets so strong and companies held back there capital spending in the earliest stages of the recovery. but now companies are increasing their capital spending materially and i think that presents an opportunity for investors in industrial shares as an example. i als

what happens beyond japan. all the countries in the neighboring region that are on tsunami watch tonight and into tomorrow including the united states. hawaiian island. are at risk. >> right. we can for a moment let's seeó[ if anything criticl being said we can dip that the sound. we understand the broadcast is in english. let's listen to what he or she has to say. >> he rack waiting from the coast line in case of tsunami warning and stay away from the coast line. look at that what we see. look at the p.m. tsunami engulfing such a large part of the area. homes being flooded along with farms and p.m. the city. major earthquake hitting japan friday afternoon. the quake measured at magnitude 8.4 one of the largest to ever hit japan. agency issues tsunami warning due to situation like this as you see are helicopter covering lie in northern japan in the area where obviously tsunami has engulfed a large and swept away a large part of the city. in other areas including this area tsunami wave over 4 meters observed s

that needs japan's agreement. today they were still negotiating over the size and scope of the operation. >> if our number's called, we're ready to assist in any way possible. >> what kind of stuff could you bring in? >> a variety of stuff, all the way from search and rescue to food and supplies. >> reporter: hundreds of thousands of people have been forced from their homes along japan's devastated northeast coast. japanese officials have told us they face a critical shortage of water, blankets and medicine. the u.s. has already conducted helicopter missions along the battered coastline, finding isolated communities of survivors. >> we found essentially hundreds of people. they'd say 100 at this place, 200 at this place, 300 at this place. it's just a matter of getting them out. >> reporter: the message from the u.s. side is that they are ready to go, to bring in a massive amount of assistance, just as soon as they get the green light from japan. a key role will be played by the aircraft carrier uss ronald reagan.

events or unfolding in japan is really starting to remind them of what i was a movie. whore to begin examining the scale of the devastation caused by this. earthquake and the tsunami and now with the reports of the explosion at that nuclear power plant who knows what consequences this could bring at the moment russia's emergencies ministry has prepared six jets which are really to deliver doctors medical equipment rescuers and mobile hospital to japan to help japan is actually russia's neighbor in that region northern pacific region and all of this was ordered personally by russia's president dmitry medvedev on a friday these jets have been on standby on friday a rate after that order. was also ordered all the local emergency services and afterwards to be on high alert in the entire. region in russia's far east because the crew islands which are right there in the neighborhood in japan have also been hit by a smaller tsunami wave eleven thousand people have been evacuated and once again after this explosion out of that nuclear power plant in japan they have to be ready

so for now this is next with a recap of what's going on in japan. review the latest in science technology from the realms. we've got the future.

our special coverage of the situation in japan continues after a short break. >> the explosions at japan's fukushima nuclear power plant have prompted many european countries to review their own safety. here in germany, chancellor angela merkel has announced that her country will suspend an agreement to extend the life of its nuclear power stations. chancellor merkel called the disaster in japan a watershed moment for germany, too. she ruled out a return to everyday business. safety at every german nuclear plant is now under review. >> we will suspend the decision to extend the life-span of germany's nuclear plants. this is a moratorium, and the moratorium will be valid for three months. >> that move could mean temporarily shutting down some of the country's oldest nuclear plants, such as the reactors in two locations. those plants have already reached the end of their life-spans. merkel said the moratorium would not require any new legislation. at the same time, the government is pushing for the development of renewable energies, but it says it has to be an u.-wide effort. >> we can't jus

. -- broken in japan. there was another large aftershock earthquake in the north. now it is time to assess the damage that this earthquake can inflict. >> and japan authorities have declared a nuclear emergency and evacuated people in a 10-mile radius from the fukushima number one plant, about 250 kilometers north of greater tokyo. that is a point of view backed up by this professor. >> there has been exhaust being let out, but as i said earlier, the racket -- reactor itself is not leaking. it's containment vessel or the building after containing the containment vessel may have suffered some damage and that is raising the radioactivity levels outside of their containment vessel. so people within a 10-kilometer radius will be evacuated. >> do you have any advice to them? >> well, the levels being monitored right now will not have adverse effect on the human body. therefore i ask people to remain calm as they evacuate. >> professor sakamoto on nhk there. rogue and buerk has experienced this earthquake as wel

all of japan's major ports were closed as well. and exports of electronic components will likely be delayed. however, analysts estimate the main area affected by the quake accounts for only two percent of japan's economy. >>> on wall street the prospect of decreased demand for oil in japan sent the price of crude lower. that in turn sent the stocks higher. dow picked up 59 points while the nasdaq was up 14. >>> before the tsunami reached california, it sent a furry of water into kona, hawaii. sure wasn't an average day as the ocean rolled right up to buildings and homes. some beachfront hotels got more than a foot of water in their lobbies. so much water flooded inland that fish were actually found inside some buildings. kona is on the western side of the big island. >>> over on maui, a resident took these photos of the damage there. the streets are littered with mud, trees and other debris. waves of up to six feet be pushed rocks up on the door steps of houses. the tsunami hit at 3:00 in the morning in hawaii and took less than an

a great earthquake has hit japan. magnitude 8.4 in northern japan. agency has been warning of tsunami ever since the quake. tsunami has hit miyagi, sendai area as live helicopter camera crews are up covering and showing you exactly what is going on at this time. deputy chief cabinet secretary told reporters on friday that miyagi prefecture where the earthquake has hit hardest has asked the government to send self-defense force units to deal with the situation and aid the situation. defense ministry officials say self-defense force personnel are currently contacting local government and related agencies to assess the extent of the damage. earlier prime minister naoto kan and the cabinet have gathered at the prime minister's office, where an emergency task force has been set up to respond to the earthquake. the task force will gather information on damage and prepare for more possible tsunamis. japan's foreign minister matsumoto has ordered his officials to start preparing to accept foreign assistance. she has also told them to check on the safety of f

reports to know what the people of japan are experiencing now. it was a strange sense of vertigo ceilings were caving in the first thing i did a rush to my daughters i grabbed the older one while my wife took our newborn rushed into the street thank god we're live on the first floor. you re too was lucky to back here quickly but dozens of their friends were buried alive thanks. to the incentive to go several locals were in a car with us we arrived and there was nothing attorneys no longer women start hauling in their fists and can say a word or used to be streets with houses have been turned into just awful if you will then have to go risk earthquake was russia's most destructive in a hundred years over two thousand people die at the town was never a built but the sea snake station was real it was shut down shortly after the collapse of the soviet union and yuri was left without charge but the earthquake changed all that not only was the station reinstated dozens of new ones had been built these time small school calls you read several times a da

the situation critical of japan's stricken nuclear power plants with cooling systems failing in all six reactors and threats of a nuclear meltdown rising to the highest levels since explosions at the facility began. the signs of growing distress among the people of japan as fears rise the authorities are not telling the whole truth and the situation is getting out of control. and there are just reduced panic it just makes it all the more uncertain and the believe we can't trust for maybe information are being given. also this hour the death toll from friday's devastating earthquake and tsunami climbs to over three thousand there's a seventy thousand considered still missing. and the nuclear drama unfolding in japan prompts experts worldwide to question the overreliance on technology that often proves one thing interests them helpful. live from a studio here in central moscow this is r t with you twenty four hours a day japanese officials confirm radioactive materials have leaked into the atmosphere following an explosion and fire at reactor number four at the fukushima power plant the f

joining us well we go straight to our developing a story a major tsunami has struck a northeastern japan a sending a four meter of wall of water inland which is causing widespread devastation now this tsunami was this which is currently under way was caused by eight point nine magnitude earthquake that struck about one hundred thirty kilometers off the pacific coast aftershocks have been felt within the last few minutes and so far five people are confirmed dead but that number is expected to rise as officials are having a bit of a hard time getting exact numbers of casualties now you can see on your screen that's a huge wall of water just eating up anything in its past that's the latest pictures we're getting from of japan and it's also been reported that the first waves have reached russia's crude. real islands to the north and it's reportedly about a metre high well in japan itself two hundred people have reportedly been washed away with several others missing on japan sendai island that is on the eastern coast it closest to where the earthquake had hit the damage was also felt in toky

routes one hundred kilometers north of japan. emergences officials for this region have in turn supplied checks but radiation levels here in the civilian region that would talk to representatives of the ministry some time ago they showed us a car which they quit with professional guide our meters which would measure radiation levels at different places around the city the crowd will be raising the city of usual supply lines so very much is his ministry here assures that as of tuesday morning there is no increase in radiation levels and there is no cause for the residents to panic. in the worst case scenario locals can make. home there's no threat to the health of the people radiation readings are at a normal level. meanwhile russia's defense ministry says that it is ready to sends out its personnel from the poor islands any time soon this is the closest policy of this region to not japan and also sales of i already and have rocketed in pharmacies across the city obviously people want to make sure that they are well prepared in ca

well let's turn to our top story in northeast japan.

still, japan will rebuild, even if it takes many years. the devastation is likely to tip japan into another recession in the near term. but economist nariman behravesh predicts reconstruction will ultimately give the economy a nice boost. >> at the end of this year and through next year, it could add as much as half to maybe even a full percentage point to growth of the japanese economy. so, it's actually going to be good news starting in about the third quarter. >> reporter: what will japan need to rebuild? in a word, "everything." japan does not produce any raw materials, and it will have to buy everything from iron ore to large scale machinery. urban planner and professor rae zimmerman says rebuilding japan will be one of the most difficult tasks the world has ever faced. >> one of the main challenges is rebuilding our infrastructure and housing and actually getting people to come back to an area that may be contaminated with radiation. this is going to be very unique to this situation. >> reporter: the rebuilding is expected to cost at

disaster in japan. a massive military relief and recovery operation is under way in japan this morning, after that 8.9 magnitude earthquake that devastated the island. >>> an explosion at a nuclear power plant has raised fears of a meltdown. hundreds are dead, and that number will most certainly rise. we have full coverage "early" this saturday morning, march we have full coverage "early" this saturday morning, march 12th, 2011. captioning funded by cbs >>> video from less than 30 hours ago in japan, devastating earthquake, 8.9 magnitude. at this hour the official death toll almost 600. and there are other big problems looming this morning. welcome to "the early show" on this saturday morning, i'm russ mitchell. >> and i'm rebecca jarvis. we will continue to follow this story as it develops throughout the morning. >> let's get right to the earthquake in japan, of course. the quake is the fifth largest in recorded history. it was followed by a 23-foot high tsunami. the official death count is 574 dead. t

japan's disaster is serving as a wakeup call. >> this earthquake in japan will help the pacific northwest understand what they will need eventually to get ready for. >> reporter: in washington, brian moore, nbc bay area news. >>> watching japan's disaster to unfold is hard for anyone to watch, particularly here in the bay area. activity observed along japan's fault lines before the quake is very similar to what we're seeing here in california. that the same pressure building be neath the surface in japan is evidence in the faults here. >> most of the faults through most of the depth are actually locked. when they're locked, they're not slipping, that means they're not relieving the stress. the stress is building up, and we can measure that distortion with our networks, and that's how -- one of the reasons we're so confident that the earthquakes will be coming in the future. >> the american red cross is hoping the devastation half a world away will inspire people to get prepared, and reach out so japan can rebuild. donating through the red cross is mple. give money online or by phone. just

citizens leave japan. all americans living within 50 miles of the plant are also being encouraged to evacuate or stay indoors. that's 2 1/2 times as wide as the danger zone established by the japanese. president obama discussed the precautions the u.s. is taking in a phone call with japan's prime minister last night. he also vowed to do everything possible to help japan recover from its worst crisis since world war ii. the u.s. military says it will begin flying its unmanned surveillance aircraft high over that nuclear power plant to try to get a better view of what's happening down below. betty? >> charlie, i want to get an idea of how these evacuations are supposed to work. can you tell me what you know. >> well, right now the first priority from the state department is on all diplomatic personnel and their families who want to leave. then they say, if there are american citizens who aren't able to get a flight out of here, they'll do what they can to arrange charter flights for them, too. betty? >> all

all of japan's major ports were closed as well. and exports of electronic components will likely be delayed. however, analysts estimate the main area affected by the quake accounts for only two percent of japan's economy. >>> on wall street the prospect of decreased demand for oil in japan sent the price of crude lower. that in turn sent the stocks higher. dow picked up 59 points while the nasdaq was up 14. >>> before the tsunami reached california, it sent a furry of water into kona, hawaii. sure wasn't an average day as the ocean rolled right up to buildings and homes. some beachfront hotels got more than a foot of water in their lobbies. so much water flooded inland that fish were actually found inside some buildings. kona is on the western side of the big island. >>> over on maui, a resident took these photos of the damage there. the streets are littered with mud, trees and other debris. waves of up to six feet be pushed rocks up on the door steps of houses. the tsunami hit at 3:00 in the morning in hawaii and took less than an

nuclear meltdown fears are growing in japan. the fukushima power plant under not just reactors at risk of fire and explosion were used to fuel rods are held its . forces say radiation levels near one of the reactors are now dangerous to human health with reports of one of the key containment levels protecting one of the reactors has been damaged around two hundred thousand people have now been evacuated from the surrounding area. four g.'s have been for nearly two thousand five hundred people dead so far more than a three thousand that are missing from the quake and devastating tsunami that hit northeast japan on. countries around the world all to help egypt hit by natural and manmade catastrophes some experts say this is another example of how the mankind's on able to handle the progress of science and the oil in the gulf of mexico action i'll call. a very warm welcome to you this is also a life from with me alice said that japan's prime minister has addressed the nation is fears intensify about a possible nuclear disaster as a

what happened in japan, and silicon valley. the impact on business and high-tech goods. >> tsunami advisory is in effect for the bay area but wave heights is getting lower. accu-weather forecast is also coming up. >> as we go into the break, you can see what the scheme wave looked like. this youtube video was shot from this youtube video was shot from an emery this new citi thankyou card and started earning loads of points. you got a weather balloon with points? yes i did. [ ryan ] points i could use for just about anything. ♪ ♪ so i used mine, to get a whole new perspective. ♪ [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can help you write it. hey marcel, watch this! gives you more ways hey marcel, watch this! [ buzzer sounds ] [ cheers and applause ] ♪ hey marcel, watch this! yeah, marcel! -marcel! -hey marcel! are you listening to me? marcel! [ male announcer ] only at&t u-verse lets you follow your favorite channels on one screen. just $29 a month

bmw has some 800 employees in japan. the company says the 40 germans and their families have returned safely home to germany. bmw plans to assist the japanese employees to move to the relative safety of the southwest of the country. >> of the unfolding disaster in japan said the global stocks tumbling on tuesday with european stocks closing at three and half month lows. the tokyo stock exchange took the worst beating, ending 10.5% down with all of its listed stocks settling in negative territory. it was one of the worst performances for the nikkei on record. tokyo electric power lost 24% on tuesday. the maximum allowable in one session. all 30 stocks on germany's blue- chip dax fell as well, pressured by the growing nuclear crisis in japan. >> the market has been stepped between a crash and a major stop -- major sell-off this tuesday. major concerns about a probable nuclear disaster in japan, it went up -- what down up to 5.5%. share prices recovered slightly but ended up in negative territory by 3%. shares of lufthansa

japan struggles to avert a nuclear meltdown but his attempts to cool the reactors at the fukushima power plant bring no immediate success it's fear of the scale of the disaster is being played down. the i.a.e.a. has absolutely no ability to deal with this problem any more than the japanese government has the ability to deal with this problem. the head of the u.n. nuclear watchdog finally heads to japan amid criticism the atomic agency has to get on top of the crisis. the unfolding focused human disaster could severely damage the image and bank account of the u.s. for the station and it's already rethinking its business dealings with general electric plus in other news this hour. as more money go back to continues to the games and school would be able to be opposition forces for the cease fire resolution in the u.n. security council after having to be clear. about that. live from our studios here in central moscow this is with you twenty four hours a day just past ten pm now in the russian capital and four am in japan where the country's struggling to regain control of the overheated reac

since second explosion of japan's fukushima nuclear power plant already crippled by last week's devastating earthquake and the tsunami eleven people have been injured in the blast but the reactors core reportedly remains intact. japanese officials say some two thousand bodies have been found in the miyagi district following friday's massive earthquake and tsunami the findings will significantly increase the number of dead which currently stands at eighteen hundred. and emergency officials are on high alert in russia's foreign eastern southern region that's close to japan's border concerned about the threat of nuclear contamination. coming to you live from our studios in moscow you're watching r t thanks for joining us now to our developing story japanese officials are reassuring locals that radiation levels be a focal sheen one number one power plant are within the legal limits lock to one hundred sixty people could have been exposed to radiation following two explosions up the facility in northeastern or japan along monday morning a second explosion there injured eleven people within a twe

just real quick. >> reporter: it's japan. i imagine compared to other countries they were quite prepared. but obviously, a huge quake this size, you can't be prepared for anything like that. >> sure. >> akiko, thanks for that report. stay safe. and thank you for providing us the last-minute details unfolding there in japan. there's 18 confirmed dead. at least 60 injuries just in tokyo, which was a couple hundred miles away. we won't know the extend of the damage probably for hours. >> as this continues to develop. >>> right now, we want to give you historical perspective. this morning's massive earthquake is one of the powerful recorded there. in fact, only six others were more powerful. >> one was the quake that triggered the indian tsunami in late 2004. a staggering death toll in that tragedy. more than 230,000 people were killed by that tsunami in 14 different countries. that quake was so powerful, it actually triggered other earthquakes as far away as alaska. >> as akiko said, if anybody can be well-prepared for an earthq

halting assembly lines in japan because of the crisis in japan. walt disney shutting down stores in tokyo. stocks rye rising partly on optimism workers might be able to contain radiation and investors watching g-7 meeting. agreeing that a big conference last night to intervene together in the currency markets for the first time in more than a decade to help stabilize the japanese yen. >>> now, a follow-up to the story we mentioned a few weeks ago on stanford, possibly extend go to the east coast. stanford is proposing to build a engineering campus on roosevelt island just east of manhattan. the complex could cost a billion dollars, house up to 2200 students and offer full graduate degrees. new york mayor asked leading institutions to submit ideas hoping to attract more tech firms. stanford's proposal would be stanford fortunate of new york city. >>> very good news for the future of true san francisco institution. the bay to breakers race has found new sponsors. dazzle has agreed to sponsor the race for the next two years. race organizers had warne

what's unfolding currently in japan thank you. well now let's cross to another of our correspondents who is reporting from moscow we go to our teams that you've got going all. you got can you just tell us that the latest reaction we're getting from the society of moscow. well everybody is at the moment is just trying to assess the situation there in japan and it's really hard to establish the scale of the devastation by this horrific disaster because events are still continuing to on falls russia has offered its help to japan in fact six jets of russia's emergencies ministry are really to deliver rescuers and doctors and medical supplies including a mobile hospital to japan the only thing needed is a request from japanese authorities these jets have been on standby since friday on the order of the russian president. of course were really to help our neighbors in overcoming these threats of this severe earthquake i state of emergency has also been declared on our soil on the coral islands in the seattle region were all necessary me

japan going up and down. here it's going up and down as growth of the city but is it to market this sort of thing happened in iraq as well we've seen actually the ruble went up and down and russia stock worth went up and down and the reason was that people didn't really know how to read because people didn't know what quite the expense the extent of the damage. was going to be the consequences for the wall the calling for the russian economy as well vested interests have a lot of idea what to do really wasn't much of a trend this really was a lot of volatility. and a third party has stepped into the long lasting basket was we lived in about that in the legs really pascoe for control over no risk nicole millionaire and the service man of says his iron mine i'm a teller investor is planning to increase its share in the world's top nickel producer the company already owns four percent of who agreed to work together we did it pascoe in questions related to notice legal strategy wants to do so the stake as he seek

tonight japan is devastated by a massive tsunami after the biggest earthquake in the country's history buildings trains and ships of been washed away the official number of dead is one hundred forty two and that number looks set to soar. japan declares emergency as pressure rises the focus shima nuclear plants and sparking risks of a radiation leak the surrounding areas been evacuated. and in other news violent clashes rock libya's colonel gadhafi forces push the rebels back the e.u. says it's not ruling out military action increasing fears of a possible intervention. it's nine pm very good evening from moscow you're watching the r.t. news channel with me you know in one main story dominating the news tonight the northeast of japan has been swamped by a major tsunami following the biggest earthquake in its history at least one hundred forty two people are reported dead but that figure appears very conservative the real number looks likely to be many many for example police say hundreds of bodies have been found drowned in the city of sendai the capital of the worst hit region the eight

japan braces itself for further losses two more reactors appear to be faltering my rocketing fears of a nuclear meltdown. authorities claim radiation is reaching the dangerous levels near the plant to longer than families and people have been ready for. new details and five hundred people are confirmed dead so far and more than three thousand the missing since friday's mega quake and conducts also now. international community is offering a helping hand to japan but some say the devastation is proof that countries are simply unable to deal with natural and manmade catastrophe it's. a very warm welcome to you this is live from moscow i'm. our top story now of course the cooling systems of two more reactors at the fukushima nuclear power plant in japan appear to be faltering it's this exact problem that's caused all the blast so far also a pool of spent nuclear fuel that the station is said to have reached a boiling point or fears of a nuclear meltdown have skyrocketed since the reactor blast down japan has reportedly now told the international atomic energy agency the facility is it rel

we see the nuclear catastrophe in japan. we are closing nuclear plants the away from these kind of resort. it's hard not to be gripped by a panic when the world's high and mighty are sounding the alarm the closer you are typical shima the bigger your chances of picking up the panic virus which is spreading more so if you're not a physicist or a doctor people in russia's far is divided from japan by a strip of water four hundred miles across where the quickest to react. my friend called me and said that she's leaving this city i'm not karnik yet i'm already taking iodine just in case. but radiation levels remain completely normal and doctors are forced into sounding a different kind of alarm is the brotherhood if anything really serious happens there things like consuming large amounts of all red wine that's what people often say they're going to do such things won't help quite the reverse they may seriously damage their health because i don't function and it may well happen and probably will as well everything in japan goes