Question:
"Tepco has said it hoped to achieve a cold shutdown of the plant by January next year."
Does this basically mean they don't have, and won't have the reactor under full control until January?! In other words, this thing could actually meltdown or leak more radioactive material at any second?
Answer:
The current situation, things will not explode and blow everything to smitherenes if that is what you are worried about.
If you don't live in the immediate area around Fukushima then there isn't really anything you should worry about. Tokyo and places like Osaka are just fine.
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