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Not Looting, but Panic Buying in Tokyo
News of a serious radiation leak at the Fukushima nuclear plant has sparked panic buying in Tokyo, as some residents started to leave the capital to escape potential contamination.Weather forecasters said winds near the atomic plant, which experienced a third explosion on Tuesday morning, were blowing in a south-westerly direction towards Tokyo but would move in a westerly direction later in the day. People in the capital, home to 12 million, snapped up radios, torches, candles, fuel containers and sleeping bags, while for the fourth day there was a run on bread, canned goods, instant noodles, bottled water and other foodstuffs at supermarkets. Retailers said the panic buying was reminiscent of the oil crisis in the 1970s. The electronics firm Panasonic said it was increasing production of batteries, which were being bought in large quantities as far away as Hiroshima in the south-west. At least Panasonic can continue to make batteries. Fears are rising that if the hoarding frenzy continues it will affect the ability to deliver emergency supplies to the disaster zone. "The situation is hysterical," said Tomonao Matsuo, a spokesman for the instant noodle maker Nissin Foods. "People feel safer just by buying Cup Noodles." What a great way to work in a plug for your product! Posted by: Bobby 2011-03-15 |
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