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Analysis: China Needs Western Help for Nuclear Export Ambitions

Photo Credit: AP

Photo Credit: AP

China’s investment in Britain’s 16 billion pound Hinkley Point project is its first foray into Europe’s nuclear power market and a marker of its global ambitions, but its firms will depend on foreign partners if they are to fulfill them.

China General Nuclear Power Group (CGN) and China National Nuclear Corporation (CNNC) plan to take a combined 30-40 percent stake in a consortium led by French utility EDF to build French-designed EPR reactors in southwest England.

China has the world’s largest nuclear building program at home and hopes to leverage this into a nuclear export industry.

While China has already built reactors for its ally Pakistan, Hinkley Point is its first nuclear project in a developed country, and Beijing hopes the UK credentials will help promote its two nuclear giants on the global stage.

But industry analysts say gaps in the Chinese supply chain, fears of political interference and inexperience in the economics of nuclear power mean the firms will struggle to go it alone.

Read more from this story HERE.

Deal Reached On Iranian Nuclear Program; GOP Senator – “Makes Nuclear Iran More Likely”

Photo Credit: AP/Susan Walsh Iran and six world powers reached a deal early Sunday that would halt parts of Iran’s nuclear program in exchange for what was described by the Obama administration as “modest relief” from international sanctions.

Obama, speaking from the White House while Secretary of State John Kerry helped ink the agreement in Geneva, called it a “first step toward a comprehensive solution.”

The deal, while historic, is a six-month agreement. Republican senators in Washington warned shortly after the terms were announced that western powers were giving up too much in exchange for too little, in hopes of a longer-term deal. Sen. Mark Kirk, R-Ill., said it would give a leading sponsor of terror “billions of dollars in exchange for cosmetic concessions.”

Sen. Marco Rubio, R-Fla., said that the agreement “makes a nuclear Iran more, not less, likely,” and called the deal “a blow to our allies in the region who are already concerned about America’s commitment to their security and it sends the wrong message to the Iranian people, who continue to suffer under the repressive rule of their leaders who have only their own self-preservation in mind.”

But Obama insisted the sanctions relief is reversible if Iran doesn’t live up to its end of the bargain.

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Radiation from Japan Nuclear Plant Arrives on Alaska Coast

Photo Credit: CBC News Scientists at the University of Alaska are concerned about radiation leaking from Japan’s damaged Fukushima nuclear plant, and the lack of a monitoring plan.

Some radiation has arrived in northern Alaska and along the west coast. That’s raised concern over contamination of fish and wildlife. More may be heading toward coastal communities like Haines and Skagway.

Douglas Dasher, a researcher at the University of Alaska Fairbanks, says radiation levels in Alaskan waters could reach Cold War levels.

“The levels they are projecting in some of the models are in the ballpark of what they saw in the North Pacific in the 1960s,” he said.

Read more from this story HERE.

Costs for New Nuclear Facility Skyrocket as Critics Question its Creation

Photo Credit: REUTERS

Photo Credit: REUTERS

Plans for a new facility that will handle, dismantle and secure nuclear material are in a major meltdown.

The price tag attached to the country’s largest uranium processing facility under the direction of the Department of Energy has climbed to more than 19 times its original estimate. What’s worse is that much of the Tennessee complex, according to the government’s own calculations, isn’t needed and the rest will most likely be outdated when the facility becomes fully operational — two decades from now.

The project was first estimated to cost around $600 million, but that has since climbed to as high as $11.6 billion – and is likely to go even higher, Lydia Dennett, a research associate at the Project on Government Oversight, told FoxNews.com.

“The cost has jumped dramatically, but there’s also been a huge delay in the operational date,” Dennett said.

Originally, the facility was supposed to be up and running by 2018, but that’s been pushed back to 2038.

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Iran Named to UN’s Disarmament and International Security Committee

Photo Credit: FrontPageMag

Photo Credit: FrontPageMag

Like an abomination from Dr. Frankenstein’s laboratory, the United Nations seems to exist mainly as an argument for why it shouldn’t exist.

Iran is the world’s top sponsor of international terrorism, it’s currently involved in conflicts in at least three countries and it’s pursuing a nuclear weapons program.

So in the United Nations, where every day is Backwards Day, it’s time to reward it with a spot on the Disarmament and International Security Committee.

Because when you think of disarmament and international security, you think of Iran, in the same way that when you think of genocide prevention, you think of Nazi Germany. If the Third Reich had only held out long enough, Hitler Jr. could have been sitting on the Genocide Prevention Committee.

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Indian Point To Become First Nuclear Plant To Operate With Expired License

Photo Credit: Mario Tama/GettyImagesOne of two reactors at the Indian Point nuclear plant north of New York City will soon be operating with an expired license.

Nuclear Regulatory Commission officials said Monday that the situation resulted in part from a complicated license-renewal process for nuclear reactors, the Journal News reported.

Indian Point 2′s 40-year license expires on Sept. 28. NRC regional administrator Bill Dean said that’s at least a year before any decision will be made on whether to extend it for another 20 years.

Dean said the reactor can keep operating because Entergy Nuclear, its owner, filed for renewal more than five years before the expiration date.

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Kerry: US Releasing Millions In Aid To Egypt, But With Promise Of Reform

Photo Credit: APSecretary of State John Kerry said Sunday the United States will give Egypt $250 million more in aid, following President Mohammed Morsi’s pledges for political and economic reforms. However, Kerry also said the Obama administration will hold Morsi, who came to power in June as Egypt’s first freely elected president, to his commitment.

“The American people want to see the political and economic success of our long-time partners and friends in Egypt,” Kerry said in Cairo. “We look forward to continuing to work closely with all Egyptians. But “it is clear that more hard work and compromise will be required to restore unity, political stability and economic health to Egypt.”

Egypt was one of Kerry’s first stops on his first tour of Arab nations since becoming secretary. Kerry will be meeting with Palestinian leader Mahmoud Abbas, in the Saudi capital Riyadh Monday.

While in Saudi Arabia Kerry will also meet with Saudi and Gulf Arab officials for talks expected to focus on the crisis in Syria and fears about Iran’s nuclear program.

Kerry’s two days of meetings in Egypt have proven tense and fraught with political peril. “I expect a lot,” Egyptian Defense Minister Abdul Al-Sisi told Kerry on Sunday. Kerry replied: “I expect a lot from you.”

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Biden Raises Possibility Of Direct U.S.-Iranian Talks

Photo Credit: Reuters/Michael Dalder(Reuters) – The United States is ready for direct talks with Iran if it is serious about negotiations, Vice President Joe Biden said on Saturday, backing bilateral contact many see as crucial to easing a dispute over Tehran’s nuclear program.

Speaking at a security conference in Munich, Biden said Iran – which says it is enriching uranium for peaceful energy only – now faced “the most robust sanctions in history” meant to ensure it does not develop nuclear weapons.

“But we have also made clear that Iran’s leaders need not sentence their people to economic deprivation and international isolation,” Biden said. “There is still time, there is still space for diplomacy backed by pressure to succeed. The ball is in the government of Iran’s court.”

To date, fitful talks on Iran’s nuclear program have been between Tehran and the EU’s top diplomat representing six world powers including Washington. But analysts have suggested that with his re-election behind him, President Barack Obama might have more leeway to take on direct negotiations with Iran.

That makes the year ahead critical for chances of overcoming a stand-off which, if left to fester further, could see Iran approach nuclear weapons capability, possibly provoking military action by Israel that could inflame the Middle East.

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Israel hit Syrian nuke plant in 2007 after Bush refused to do so

Former prime minister Ehud Olmert ordered the 2007 strike on a Syrian nuclear reactor immediately after former US president George W. Bush informed him that the Americans would not attack the facility, according to a Channel 10 report aired on Sunday evening.

Bush’s deputy national security adviser Elliot Abrams was present when the president called Olmert on September 6, 2007 and made clear that the US would not take action, and that then-secretary of state Condoleezza Rice would fly to Israel to hold a joint press conference with Olmert to alert the international community of the secret reactor. The US had decided to handle the Syrian threat via diplomacy.

Olmert responded to Bush that the secretary’s visit would not be necessary and that Israel would deal with the nuclear facility on its own.

“If you’re not going to act against the reactor then we are,” Abrams quoted Olmert as saying during the teleconference. “You don’t want to know where or when,” the former prime minister reportedly added.

The Israelis were convinced that time was fairly short, and that they had to strike the reactor — built by the Syrians with extensive input from the North Koreans — before it went live, the TV report said.

Read more from this story HERE.

Iran says U.S. ‘will be taught the mother of all lessons’

Iran is planning to retaliate against the United States for the sabotage against its nuclear program, according to an editorial in the Kayhan newspaper, the mouthpiece of Iran’s supreme leader, Ayatollah Ali Khamenei.

The U.S. has all of its infrastructure connected to the Internet, the editorial says, and as a result, “it is constantly worried about an unknown player, who they will never be able to identify … sitting in some corner of the world who would launch an attack on a sector of (the Americans’) foundations. They will be taught the mother of all lessons.”

Specifically, Iran is looking into launching a cyber attack against U.S. electrical grid systems.

Iranian officials are furious over the July 23 assassination of nuclear scientist Dariush Rezai-Nejad, who was working on electric detonators for the Iranian nuclear program, which can be used on missiles or nuclear bombs. He was the third Iranian nuclear scientist assassinated since 2009.

The frustration over acts of sabotage started with the computer virus Stuxnet in which 1,000 of Iran’s centrifuges at the Natanzs nuclear facility were destroyed and had to be replaced. The virus also attacked the Bushehr nuclear power plant, which has resulted in repeated delays in it joining the country’s power grid.

Read More at WND By Reza Kahlili, WorldNetDaily