What’s The One Thing Big Business And The Left Have In Common? (Believe it or not, it could be a desire for universal health care.)... Read Full Article After Bloody Week In Iraq, Singer’s Win Delights After enduring one of the bloodiest weeks in Iraq’s sectarian conflict, Iraqis united in celebrating the win of an Iraqi woman in the hit pan-Arab television talent show Star Academy.... Read Full Article Sharp Decline In Confidence Knocks Sales Of New Houses The fallout from the global credit squeeze claimed another victim on this side of the Atlantic as one of Britain’s biggest housebuilders yesterday blamed an abrupt turnaround in consumer confi... Read Full Article Tired Of Corruption But Afraid Of The Crackdown Despite the enormity of its recurring scandals, Samsung is unlikely to go the way of Enron, in part because of its economic importance to South Korea.... Read Full Article Countrywide Puts An End To Ski Junket Countrywide Financial, the besieged mortgage lender, has canceled a gathering of bankers from smaller mortgage banks at the Ritz-Carlton Bachelor Gulch ski resort.... Read Full Article |
Russia To Create A Nuclear GazpromSergei Kiriyenko, the former Prime Minister who heads Rusatom, the Russian nuclear industry agency, said: “There is a renaissance of atomic energy in the world, and our task is to break into it.” He said that the consolidation would enable Russia to compete with leading international nuclear players, such as Toshiba and Siemens, in the growing market to export nuclear fuel and power plant to emerging markets. Russia offers nuclear power stations at half the price of its main Western competitors. It has already sold two to India and President Putin is expected to sign a deal to provide four new facilities to India during a visit to Delhi this week. Russian firms are also bidding to build reactors in Indonesia, China and Egypt. Atomprom might improve monitoring of Russia’s nuclear materials, but the company is likely to clash with the United States as it increases its nuclear exports to rising economic powers, such as Iran. Russia is set to provide the first nuclear fuel to the Bushehr reactor in Iran in March. The Kremlin is also discussing building a further five reactors in Iran. Russia and the US are competing to host giant rubbish dumps, where spent fuel from emerging market countries can be safely stored. Rusatom estimates that such a dump could bring $4 billion (£2.03 billion) in profit a year to Russia. Tag CloudExternal InformationAdditional InformationIceland, a Tiny Dynamo, Loses Steam...46 Million Nokia Cell Batteries Defective... Allco braces for Qantas take-off... Bush Urges Action on Corn Price Rises Fueled by Ethanol... Where Am I?News Main Page - Business - Russia To Create A Nuclear Gazprom |
i8news.com |