| October 23, 2008 | ![]()  | 
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World will tremble if Pakistan falls 
Washington (UPI) Oct 21, 2008 The global financial crisis is close to knocking out its most important and potentially most dangerous victim yet: Pakistan needs a financial support package of $10 billion to $15 billion to avoid collapse. The stakes could not be higher: With a rapidly increasing population of more than 150 million -- larger than that of Russia -- Pakistan is also the world's only Muslim nuclear power. ... more Russia, India lay groundwork for nuclear pact  
New Delhi (AFP) Oct 20, 2008Russia and India were Monday laying the groundwork for the signing of a civil nuclear energy deal, following New Delhi's signing of similar pacts with Washington and Paris, officials said. Russian Foreign Minister Sergei Lavrov was in India for talks with his counterpart Pranab Mukherjee as well as Prime Minister Manmohan Singh, ahead of an expected visit to New Delhi in December by President ... more China to help Pakistan build two more nuclear plants  
Islamabad (AFP) Oct 18, 2008Energy-hungry Pakistan said on Saturday that China had agreed to help it build two more nuclear power plants in a major boost to the country's long-term plans to end crippling electricity shortages. Foreign Minister Shah Mahmood Qureshi announced the deal after President Asif Ali Zardari returned from a four-day state visit to China which Qureshi said had been "very significant." ... more Pakistani, Chinese presidents meet in Beijing  
Beijing (AFP) Oct 15, 2008Pakistani President Asif Ali Zardari met his Chinese counterpart Hu Jintao on Wednesday as he looked to Islamabad's loyal ally for crucial financial and nuclear energy investments. Zardari, on his first state trip since taking office in September, was greeted by Hu at Beijing's Great Hall of the People, the seat of power in China. Hu extended an effusive welcome, stressing close bilateral ... more Pakistani president arrives in China to seek financial help  
Beijing (AFP) Oct 14, 2008Pakistani President Asif Ali Zardari arrived in China Tuesday for a trip that was expected to see him seek help for his country's embattled economy and the expansion of its nuclear energy industry. Zardari, on his first state trip since taking office in September, landed in Beijing after making clear in an interview with China's official Xinhua news agency that building economic ties would ... more  | 
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Washington DC (SPX) Oct 08, 2008Peak oil in Latin America is less than 10 years away; energy integration, nuclear power plants, and large-scale renewable power generation are necessities to ensure sufficient energy supplies in the future; the region's governments should play a stronger role in their respective energy sectors; and Latin America and the Caribbean are ripe for business. These are the significant findings of ... more Hungary inaugurates first stage of nuclear waste disposal facility  
Budapest (AFP) Oct 6, 2008The completed first stage of a nuclear waste disposal site -- the first in Hungary -- was inaugurated Monday in Bataapati, some 180 kilometres (110 miles) southwest of Budapest. "The Bataapati National Radioactive Waste Disposal Facility provides the most extensive security permitted by current scientific and technological knowledge," Jozsef Palinkas, the chairman of the Hungarian Academy ... more Without assured nuclear supply Iran will keep enriching: envoy  
Brussels (AFP) Oct 2, 2008Iran will continue to enrich uranium while there is no legally-binding international assurance of a nuclear fuel supply, the country's envoy to the UN's nuclear energy watchdog said Thursday. "We are going to continue as long as there is no legally-binding instrument for assurance of supply," Ali Asghar Soltanieh, Iran's ambassador to the International Atomic Energy Agency (IAEA), told ... more New Power Generation Market Report Available  
Dublin, Ireland (SPX) Oct 02, 2008Conditions within the power industry have changed significantly in recent years. The rising cost of natural gas has made this an expensive source of power, while concern about global warming and the introduction of limits on CO2 emissions will have a profound effect on the use of coal for power generation, at least in the developed world. As a consequence, nuclear power has its best chance ... more France and India vow to boost civil nuclear cooperation  
Marseille, France (AFP) Sept 29, 2008Indian and French leaders vowed to boost nuclear energy cooperation Monday at an annual summit on EU-India ties dominated by trade, global warming and the world financial crisis. "France, which has great trust in India and its prime minister, has worked hard so that India can have access to civilian nuclear energy," said French President Nicolas Sarkozy, whose country holds the rotating EU ... more  | 
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Vilnius (AFP) Sept 23, 2008Alleged misdealings over a nuclear power plant project dented Lithuania's standing on a global corruption list, watchdog Transparency International said Tuesday, but the prime minister rejected the claim. Rytis Juozapavcius, head of the organisation's Lithuanian chapter, spotlighted the Lithuanian Electricity Organisation (LEO LT), which is piloting a four-nation plan to built a new nuclear ... more Detroit Edison Submits Application For New Nuclear Plant  
Detroit MI (SPX) Sep 24, 2008Detroit Edison officials have submitted to the U.S. Nuclear Regulatory Commission a Combined License Application for a possible new nuclear power plant at the site of the company's existing nuclear plant near Newport, Mich. "It is satisfying to reach this significant milestone, which is necessary if we are to maintain the option of building a nuclear power plant to help Michigan meet both ... more Nuclear Energy Insights From Policy Expert Marilyn Brown  
Washington DC (SPX) Sep 24, 2008There are concrete signs of a renewed interest in nuclear power spurred by a coalescence of motivating trends. Nuclear power can help meet the rapid growth of demand for electricity, avoid rate increases caused by escalating fossil fuel prices, reduce dependence on imported oil by supporting plug-in electric cars and avoid greenhouse gas emissions. Since the rapid build-up of nuclear power ... more Lithuania eyes Areva, Candu, GE, Westinghouse for nuclear plant  
Vilnius (AFP) Sept 22, 2008Lithuania is eyeing four firms, France's Areva, Canada's Candu as well as the US-based General Electric and Westinghouse, as candidates to build a nuclear power plant by 2016, the Lithuanian Electricity Organisation (LEO) said Monday. "They all are working with us. Which one is chosen will depend on the quality of the proposal -- the best price and conditions," Saulius Specius, a LEO LT ... more Malaysia to resort to nuclear energy by 2023: minister  
Kuala Lumpur (AFP) Sept 20, 2008Malaysia will turn to nuclear energy to generate electricity by 2023 as supplies of fossil fuel eventually run out, a minister said according to Saturday news reports. Energy, Water and Communications Minister Shaziman Mansor said the use of nuclear energy was also an alternative to counter high global oil prices, the Star newspaper reported. "I will be briefing the cabinet in a fortnight ... more 
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