Disasters
Japan Ministry of Defense / Kyodo / Landov
Japan Ministry of Defense / Kyodo / Landov
Japan to Compensate Nuclear Victims
Japanese citizens who have lived away from their homes for months due to the Fukushima Daiichi nuclear crisis will at least receive compensation: The Japanese cabinet has approved a compensation package that could reach $124 billion, paid out to tens of thousands of people. The government will set up a fund and issue a special bond so that Fukushima Daiichi’s operator, Tepco, can pay compensation. Tepco would, over an unspecified number of years, repay the government in full.
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