- Despite widespread opposition, Japan intends to revive nuclear energy as a major source of electricity, the government disclosed today in a draft document about its long-term energy strategy.
- Japan's nuclear plants were idled following the Fukushima disaster almost three years ago, which has caused the country to significantly increase its energy imports. That, in turn, has acted as a drag on GDP.
- The Nikkei is +1.4% and the yen is -0.2% at 102.34.
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Japan to bring back nuclear power as major energy source
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