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 US makes fresh push for World Bank to back nuclear power

 New administration wants Washington-based multilateral lender to help the west
compete with China and Russia.

The World Bank is facing renewed calls from
its biggest shareholder to drop a decades-old ban on funding nuclear power
to help the west compete with China and Russia in atomic diplomacy. French
Hill, chair of the House Financial Services Committee, has signalled that
the new US administration will continue to support the push to fund nuclear
projects just months ahead of a crucial decision on the contentious ban.

 FT 9th March 2025
https://www.ft.com/content/e5e497a3-0c61-46a2-9a50-91757e7f1a61

March 12, 2025 - Posted by | business and costs, USA

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