Tokyo Power to Compensate 50,000 Evacuees

NY Times News Service @ Truthout - The Tokyo Electric Power Company announced plans on Friday to distribute 50 billion yen, or $600 million, in initial payments to 50,000 people evacuated because of the accident at its Fukushima Daiichi nuclear power plant, as technicians continued to struggle to repair cooling and electrical systems at the damaged reactors.

Masatake Shimizu, the company’s president, said that single-person households would receive about $9,000 and larger households would receive about $12,000. Read more.