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Purpose of US International Development Finance Corporation perverted in the interests of the nuclear industry

July 18, 2020 Posted by | marketing, politics, politics international | Leave a comment

Russia’s nuclear imperialism in Africa

Russia’s nuclear play for power in Africa, DW 2 July 20,

Russia is pushing nuclear technology to African nations to both turn a profit and expand its political might on the continent.  Rwanda’s parliament has just approved a plan for Russia’s state-owned Rosatom nuclear conglomerate to build it a nuclear research center and reactor in the capital, Kigali.

The Center of Nuclear Science and Technologies, planned for completion by 2024, will include nuclear research labs as well as a small research reactor with up to 10 MW capacity.

Ethiopia, Nigeria and Zambia have signed similar deals with Rosatom, while countries such as Ghana, Uganda, Sudan and DRC have less expansive cooperation agreements.

Rosatom has been aggressively wooing African nations since the mid-2000s and the nuclear deals are seen as part of Russia’s push turn a profit and also gain influence in Africa.

Western sanctions first imposed on Russia in 2014 over its annexation of the Crimea in the Ukraine have forced Russia to seek alternative sources of incomes and also new friends.

Nuclear technology instead of trade

“For Putin to remain relevant in Russia, he really has to ensure that Russia has a big influence,” said Ovigwe Eguegu, a geopolitics analyst with the international affairs platform, Afripolitika. “That’s why he is looking at African markets so he has more parties to partner with when it comes to international issues.”

African nations constitute the largest voting bloc in the United Nations.

While the Soviet Union had a close relationship to various African states during the Cold War, Russia’s trade balance with Africa is one tenth of that of China, meaning it needs to look for other means to get a foothold on the continent.

“Russia is using the tools that they have to expand their influence and right now, Russia has lots of experience in the nuclear energy area,” Eguegu said in a phone interview from Abuja.

Rosatom nuclear leader

Rosatom is the world’s biggest nuclear company by foreign orders. While it has projects in developed countries such as Finland and Hungary, it’s mainly involved in developing regions.

The Rosatom packages are popular because the corporation’s sheer size means it can offer all-in-one deals, from training local workers to developing nuclear science curricula, supplying uranium for the plant’s life time and dealing with nuclear waste — with the added plus of Russian state loans for the projects.

The cost and financing of Rwanda’s nuclear research center is still undisclosed. But Russia is extending a $25 billion (€22.23 billion) loan to Egypt to cover 85% of the cost of the El Dabaa nuclear power plant, which Rosatom is constructing.

Rosatom has come to dominate nuclear exports to developing countries because of their generous financing and worker training,” according to the 2018 Center for Global Development policy paper, Atoms for Africa.

Additionally, Russia is itself a major player in the nuclear market, responsible for some 8% of uranium production worldwide as well as 20% of uranium conversion and 43% of uranium enrichment (conversion and enrichment are stages of processing uranium so it can be used by commercial nuclear power reactors)………….

many experts, including Gatari, believe that nuclear technology doesn’t yet make sense for African countries. They lack the highly skilled local workforce required to run the technological intricacies of such reactors. Plus, nuclear facilities are vastly expensive and take years to build.

Gatari warns of countries becoming locked into costly projects that end up being “white elephants”.

“Such a project can only be driven by strong and educated local human resources,” the nuclear researcher said. “That knowledge isn’t possible by rushing young students through training for a short time.

And the cost of maintaining that kind of installation can cripple the budget of a country for a long, long time.”

Doing the smooth sell

Currently, South Africa is the only country in sub-Saharan Africa with a functioning nuclear power plant, while Nigeria and Ghana have research reactors, which are primarily used for studying and training and to test materials, such as minerals.

In Europe, safety concerns around nuclear technologies have already caused countries such as GermanyItaly, Spain and Switzerland to vote to phase out nuclear power.

These concerns are compounded in Africa, given the the political instability of certain regions and the threat of sabotage or terrorist attacks.    This hasn’t stopped Rosatom, and Russia, from doing a soft sell of nuclear technologies on the continent.

Rosatom funds scholarships for students from sub-Saharan Africa to study nuclear sciences and engineering in Russia. As of January 2020, around 300 students from more than 15 African countries were studying nuclear specialties there.

It runs an online video competition, Atoms for Africa, where participants stand a chance to win an all expenses paid trip to Russia for a video dedicated to innovative nuclear technologies.

In 2019, it even held an international fishing competition near the Leningrad nuclear power station, Russia’s largest, to demonstrate the safety of nuclear power for water bodies. (The competition was won by an Egypt team).

“There is good money if you can sell a research reactor,” said nuclear scientist Gatari. “Unfortunately, the convincing capacity of [Rosatom’s] marketing is very high, and the understanding of those  who are buying is low.”  https://www.dw.com/en/russias-nuclear-play-for-power-in-africa/a-54004039

July 2, 2020 Posted by | AFRICA, marketing, politics international, Russia | Leave a comment

Marketing man Trump trying to sell U.S. nuclear reactors to Poland

Duda, Trump announce nuclear energy deal, Presidents Andrzej Duda and Donald Trump announced on Wednesday the signing of a deal on development of nuclear energy in Poland, which Duda said would be signed as soon as possible.US President Donald Trump talked of the purchase of American technology.

At a press conference with Duda at the White House, Trump said they were working on a deal that would facilitate the development and building of a nuclear power plant in Poland, adding that it would work with the use of American technology bought from a large US company………  https://www.thefirstnews.com/article/duda-trump-announce-nuclear-energy-deal-13601

June 27, 2020 Posted by | marketing, USA | Leave a comment

USA’s  International Development Finance Corp will remove its ban on financing exports of US nuclear technologies.

US agency plans to lift nuclear power plant financing ban: spokeswoman  S and P Global Platt’s, Author, Joniel Cha 10 June 20 Washington — International Development Finance Corp., a US federal agency, will end its ban on financing nuclear power plant projects, a spokeswoman said June 10, a move that follows the Trump administration’s support for US reactor exports.

“This week, DFC plans to announce a 30-day public comment period on a proposed policy change to remove DFC’s legacy prohibition on support of nuclear power projects in developing countries,” the spokeswoman, Laura Allen, told S&P Global Platts.  …

Allen declined to provide a timeline for when she expects DFC could begin financing exports of US nuclear technologies.

Industry sources said in May that DFC lacks the personnel and expertise to properly evaluate the financing of nuclear projects.

DFC was created in 2019 through the consolidation of Overseas Private Investment Corp. and the US Agency for International Development’s Development Credit Authority. DFC has a total investment limit of $60 billion, more than double OPIC’s $29 billion investment cap, according to DFC’s website.

OPIC and USAID both had bans in place prohibiting them from supporting nuclear reactor projects.

To “empower U.S. export competitiveness,” the federal government should “level the playing field versus foreign competitors, expand the arena of competition space, and challenge our rivals,” the Nuclear Fuel Working Group said in an April report.

A White House working group report released April 23 by the Department of Energy recommended the removal of a financing ban on US nuclear energy technologies. The Nuclear Fuel Working Group was formed in July by President Donald Trump to provide recommendations to revive and expand the US nuclear energy sector.

The working group said the US has not sold reactors overseas recently and “is missing out on a nuclear reactor market” the Commerce Department estimates is valued at $500 billion-$740 billion over the next 10 years.

Six US senators wrote the DFC in October, saying the agency should overturn the “categorical prohibition” against supporting civil nuclear energy projects.

ClearPath, a “conservative, clean energy” group, supports lifting the US ban on financing nuclear projects, Rich Powell, executive director, said June 10.

“By lifting the previous restrictions on the U.S. nuclear energy industry to develop internationally, America is taking a huge step to truly offer a competitive product – similar to the incentives China and Russia provide when they approach other countries with offers to develop infrastructure and energy,” Powell said in a statement. https://www.spglobal.com/platts/en/market-insights/podcasts/focus/060520-hydrogen-aviation-future-energy-transportation-decarbonisation

June 11, 2020 Posted by | business and costs, marketing, marketing of nuclear, USA | Leave a comment

USA offers to build Britain’s nuclear reactors

US offers to build UK’s 5G and nuclear stations to end ‘coercive’ relationship with China
Mike Pompeo said the United States ‘stands ready to assist our friends in the U.K’ T
elegraph UK , By  Danielle Sheridan, POLITICAL CORRESPONDENT10 June 2020 • America has offered to build Britain’s 5G and nuclear power stations so that the  “coercive and bullying” relationship with China can end, Mike Pompeo has said.

In a statement released yesterday the US Secretary of State said America stood with its “allies and partners against the Chinese Communist Party’s (CCP) coercive bullying tactics”, as he sighted reports that Beijing had threatened to punish HSBC and “break commitments to build nuclear power plants in the United Kingdom unless London allows Huawei to build its 5G network”.

HSBC is understood to have claimed that it could face reprisals in China if Huawei was blocked from selling equipment to the next generation of networks being built by Britain’s mobile operators….  (subscribers onlyhttps://www.telegraph.co.uk/politics/2020/06/10/us-offers-build-uks-5g-nuclear-stations-end-coercive-relationship/

June 11, 2020 Posted by | marketing, politics international, UK, USA | Leave a comment

Oleg Bodrov on the status of the Russian nuclear industry

Oleg Bodrov: Rosatom has agreements to build 36 nuclear power plants outside of Russia  https://www.pressenza.com/2020/05/oleg-bodrov-rosatom-has-agreements-to-build-36-nuclear-power-plants-outside-of-russia/    31.05.2020 – St Petersburg, Russia – Abolition 2000, On the 23rd of May, 2020, the Abolition 2000 Global Network to Eliminate Nuclear Weapons held its Annual General Meeting online for the first time due to the coronavirus pandemic.  A large part of the meeting was dedicated to reflecting on the implications of covid-19 on the work of nuclear abolition.  Oleg Bodrov of Public Council of the South Coast of the Gulf of Finland, near St Petersburg, Russia shared his views in a pre-recorded interview.  We share it here for readers of Pressenza.

Transcript below
Dear colleagues, my name is Oleg Bodrov, I am a physicist, ecologist and peace movement activist from the south coast of the Gulf of Finland, in the Eastern Part of the Baltic Sea Region, close to St. Petersburg, Russia.  I am the Chairman of the Public Council of the South Coast of the Gulf of Finland.

I worked in the Russian nuclear industry for 17 years but left it after the Chernobyl disaster.  For the past 30 years, I have been working on issues of environmental protection, nuclear safety and the prohibition of nuclear weapons.  I live on the border of the confrontation between NATO and Russia, on the southern coast of the Gulf of Finland.

So, the point which I will present just now, will be based on my personal experience and activities in the last years.

First of all I’d like to say something about the status of the Russian nuclear industry in the context of nuclear weapons and the export of “civil nuclear technologies” before the NPT Review Conference.First of all Russia, according to the official doctrine, could be the first to use nuclear weapons.  It is a very important message.  The Ministry of Foreign Affairs of the Russian Federation declared that: “The prohibition of nuclear weapons is contrary to our national interests”.  And the president of the Russian Federation has demonstrated his psychological readiness to use nuclear weapons. He has personally launched four transcontinental missiles from submarines, air and ground-based facilities.  Last but not least, the Russian state corporation, Rosatom, has agreements to build 36 nuclear power plants outside of Russia in different countries.  Consumers of the nuclear electricity from these nuclear power plants outside of Russia may be investors in Russian military programs.

So the top level of Russian politicians are already ready to use nuclear weapons and develop the nuclear infrastructure outside of Russia which is possible to support Russian military programmes.  This is number 1 of my message to my colleagues.

Some lessons after the pandemic Covid-19.

All countries, including nuclear weapons countries, have been powerless against the new virus.

Covid19 has stimulated the development of the economic crisis, and leaders of nuclear countries are using the crisis to find enemies outside of their counties.  Thus, instead of joining forces against the virus, the political confrontation between countries deepens. What can we do, our international peace movement?

First of all I’d like to say that we have a SICK planet and we have no planet B!  So now we need to not only protect our planet from nuclear weapons, but also reduce greenhouse gas emissions, stop “civil nuclear” expansion, which is part of military nuclear industry. We need to provide safe decommissioning of the more 400 nuclear power plants on our planet, and we need to promote sustainable development of our countries.

 
What is reasonable to do in this case?

think, first of all, we need to develop cooperation with our colleagues from non-governmental organisations working in the field of protection of traditional lifestyles of indigenous peoples, NGOs against climate change, and NGOs against the export of nuclear power plants.

It is reasonable to stimulate transboundary cooperation between NGOs, municipal and regional authorities close to the border between NATO and non-NATO countries.

I think that the politicians of NATO and Russia are trying to make us enemies 75 years after the Second World War.  I think let’s hold hands, friends, in Russia, Europe, China and USA.  We are friends and not enemies!

June 1, 2020 Posted by | marketing, politics, politics international, Russia | Leave a comment

Is it in the national interest? Chinese nuclear reactors for Bradwell, UK

BANNG 26th May 2020, The ‘golden era’ in relations between Britain and China which gave
birth to the prospect of a Chinese nuclear power station on the Blackwater
appears to be foundering less than five years after its triumphant
proclamation at the State Visit of the Chinese President Xi Jinping, in
October 2015.

The Blackwater Against New Nuclear Group (BANNG) has long
voiced its concerns about the potential security risks from Chinese control
of strategic UK infrastructure, such as the proposed Bradwell B nuclear
power station. These fears have been echoed by Dr. Robert Ford, the US
State Department’s Assistant Secretary for Non-Proliferation and
International Security, who has warned that the Chinese developer, China
General Nuclear Power Corporation, (CGN), ‘is closely linked to the
Communist regime’s military’ and urged Britain not to hand China
control of its electricity (Daily Mail, 16 May, 2020).

It is worth noting that the United states, with whom the UK is seeking a free trade deal, is
opposed to issuing a nuclear license to ‘an alien or any other
entity……it knows or has reason to believe is owned, controlled or
dominated by an alien, a foreign corporation, or a foreign government’
(Statement from US Nuclear Regulatory Commission).

Meanwhile, in the UK,
the ‘golden relationship’ is being questioned by Tory MPs, the Labour
Party and the Foreign Affairs and Defence Select Committees of MPs. Moves
are being made to toughen up company takeover laws, to strengthen security
and to assert the UK’s strategic independence. The Government has
recently set up ‘Project Defend’ to ‘identify, the country’s main
economic vulnerabilities to potentially hostile foreign governments as part
of a broader approach to national security’ (Reuters, 22 May, 2020).
BANNG’s Chair, Andy Blowers, has written to Nadhim Zahawi, the Energy
Minister, pointing to concerns about the Chinese threat to British
industry, trade and security and urging him to consider whether having
Chinese-designed and built reactors on a vulnerable site in Eastern England
is in the national interest.

https://www.banng.info/

May 30, 2020 Posted by | marketing, safety, UK | Leave a comment

UK’s new nuclear plants – nearly all parts are sourced and/or funded from China and France

David Lowry’s Blog 24th May 2020, Letter from David Lowry to The Times: Your important revelation follows Johnson’s assertion to MPs on Wednesday that he is pursuing “measures
to protect our technological base.” The initiative, “Project Defend,”
is aimed at creating a new national resilience framework, which, The Times
reports, will address the current over-reliance on China for “medical and
other strategic imports.”

One such strategic import is civil nuclear
technology, on which UK is 100 per cent reliant on foreign suppliers for
the critical core reactor infrastructure, with the Hinkley C nuclear plant
under construction by French state generator, Electricite de France ( EdF)
using French technology, supported by French and Chinese capital
investment.

The next new nuclear plant in line for construction, at
Sizewell C in Suffolk, will have 20per cent of its costs paid for by
Chinese state company China General Nuclear.

The third new plant, at
Bradwell in Essex, is planned to entirely built using 100 per cent Chinese/
French designed technology, mostly imported, and backed by 62 per cent
Chinese funding. It would also be operated by a primarily Chinese technical
team. Only smaller parts for these new plants will be sourced from the UK
supply chain.

http://drdavidlowry.blogspot.com/2020/05/uk-china-nuclear-relations-need-reset.html

May 26, 2020 Posted by | marketing, politics, UK | Leave a comment

USA desperately pushing the fantasy of Small Nuclear Reactors to India

March 2, 2020 Posted by | India, marketing, Small Modular Nuclear Reactors, USA | Leave a comment

Trump’s toxic nuclear sales pitch to India- undermining India’s nuclear liability law

March 2, 2020 Posted by | India, marketing, USA | Leave a comment

Egypt going into $25 billion debt to Russia, to buy nuclear reactors

Russia lends Egypt $25 billion for Dabaa nuclear power plant, AL-Monitor, 26 Feb 20,  CAIROAtomstroyexport, a subsidiary of Russia’s State Atomic Energy Corporation, or Rosatom, announced Feb. 17 that three Egyptian companies were awarded a tender offer for constructing the first phase of Egypt’s Dabaa nuclear power plant.

The three Egyptian companies, competing among 10 others, are Petrojet, Hassan Allam and the Arab Contractors.

The Egyptian government intends to start negotiations within the next few days with the Egyptian Nuclear and Radiological Regulatory Authority to obtain permission to start implementing the Dabaa nuclear plant project. The plant will be constructed in the Dabaa area of Marsa Matrouh governorate in the west of the country.

The Dabaa plant is the first nuclear plant for peaceful uses, with a total capacity of 4.8 gigawatts. The project is financially supported by Rosatom through a Russian loan amounting to $25 billion………….

Yemen al-Hamaki, a professor of economics at Ain Shams University said that under this agreement Egypt will use the loan to finance 85% of the total value of the building, construction, insurance and all other related works. Egypt would bear the remaining 15% in the form of installments. The loan is for 13 years at a 3% annual interest rate. If Egypt fails to repay any of the annual interest within 10 working days, it shall be subject to arrears of 150% of the interest rate calculated on a daily basis

Hamaki also warned that this massive Russian loan of $25 billion could blow up Egypt’s foreign debts. “This loan is a great risk to the future because it burdens the state and should be settled from the wealth and economic assets of the future generations,” she said, adding, “Egypt’s resorting to many loans foretells its inability to attract foreign investments, while tourism revenues continue to decline.” …..  https://www.al-monitor.com/pulse/originals/2020/02/power-plant-nuclear-egypt-russia-loan.html#ixzz6F5iQcolQ

February 27, 2020 Posted by | Egypt, marketing, Russia | Leave a comment

Communist Party of India (CPI (M) oppose purchase of U.S nuclear, with Jared Kushner’s vested interest

February 25, 2020 Posted by | India, marketing, secrets,lies and civil liberties | Leave a comment

Trump to visit India as salesman for Westinghouse nuclear reactors

February 22, 2020 Posted by | India, marketing, politics international, USA | Leave a comment

Large U.S. nuclear delegation to India to con Indians into buying Small Modular Nuclear Reactors

February 20, 2020 Posted by | India, marketing, USA | Leave a comment

India joins the panic to sell costly, impractical, nuclear power to Africa and Middle East

January 27, 2020 Posted by | India, marketing | Leave a comment