Japan may hand out iodine near nuclear plants: IAEA (Reuters)

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Reuters - Japanese authorities have told the U.N.'s atomic watchdog they are making preparations to distribute iodine to people living near nuclear power plants affected by Friday's earthquake, the Vienna-based agency said.

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...The IAEA said Japanese authorities had informed it of the explosion and that they were "assessing the condition of the reactor core."

In standard euphemistic politician speak this means:

"We are running out of time and are close to a core meltdown. The situation is not yet hopeless, but indeed alarming."

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