At a Dec. 16, 2006, meeting in Beijing, the Chinese government awarded U.S.-based Westinghouse Electric Corporation a multi-billion dollar contract to supply China with its next generation of nuclear reactors. The Westinghouse deal represents the single largest international nuclear power transaction in history. During the next few months, the two countries will negotiate a framework agreement to govern the sale. After that, Westinghouse and China National Nuclear will sign a detailed sales contract for the four 1,000-megawatt reactors. Chinese and American companies will build two of the four reactor units at Sanmen in Zhejiang Province and two at Yangjiang in [...]
Angarsk, a city of about 270,000 in southeastern Siberia, is the home of the Angarsk Electrolyzing and Chemical Combine, a plant created to enrich uranium for the Soviet nuclear program. Throughout its history, the plant has been a restricted area — closed to all foreign visitors. On Nov. 28, 2006, however, the state-funded Russian news agency ITAR-TASS reported that the Russian government has decided to remove the Angarsk plant from its list of restricted areas. Soon, according to the report, Angarsk will become the site of the world’s first “international uranium enrichment center” (IUEC). Enriched uranium fuel is required by [...]
TONY’S LONG GOODYE — Until recently the received wisdom in Whitehall was that British Prime Minister Tony Blair would announce his resignation in early May, with Chancellor of the Exchequer Gordon Brown stepping into his shoes in June. But political developments have forced the pace of his departure, says a knowledgeable insider in London, and he will very probably quit 10 Downing Street in early March.<<ad>>Some time around May, the Labor government faces a very difficult election in Scotland where its strength is being challenged by the Scottish Nationalist Party; and the last thing Brown — a Scotsman — wants [...]
