After a devastating earthquake which has left over 1,000 dead and 10,000 missing, Japan is struggling to avert potential meltdowns at two nuclear reactors.
Premier Naoto Kan has called the nuclear situation "alarming" and "grave". Japan's nuclear industry supplies 1/3 of the country's power and millions face rolling blackouts which will begin Monday evening.
Japan's central bank has injected 7 trillion yen (US$83.7 billion) into the market to stave off concerns about the economy. The Nikkei index fell 500 points in early trading on Monday morning.
Japan battles nuclear emergency after deadly quake [AFP, 14 Mar 2011]