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French nuclear power giant Areva announced Monday it had decided to open exclusive negotiations with French firms Alstom and Schneider Electric over the sale of its transmission and distribution unit.
An influential Iranian leader suggested on Monday Iran should quit the Non-Proliferation Treaty in protest against a U.N. censure over its nuclear activity, but its atomic energy chief dismissed such a move.
He infuriated Washington by challenging claims Saddam Hussein had a secret nuclear program, grappled with Iranian and North Korean nuclear programs, and brought luster and unprecedented scrutiny to his organization by winning the Nobel Peace Prize in 2005.
China has been the most attractive economy in the world ever since opening the flood gates to foreign investments in the 1990s. The country has significantly outpaced the developed world, especially the U.S., in terms of economic growth. Can China continue this torrid growth pace?
Iran's nuclear chief on Monday said U.N. criticism pushed his country to retaliate by announcing ambitious plans for more uranium enrichment. With tensions rising over deadlocked negotiations, France said diplomacy was not working and sanctions against Iran were needed.
Iran's announcement of plans to build 10 more uranium enrichment facilities is largely bluster after a strong rebuke from the U.N.'s nuclear agency, analysts said Monday. Nonetheless, the defiance is fueling calls among Western allies for new punitive sanctions to freeze Iran's nuclear program.
Iran sees little point in staying in the Non-Proliferation Treaty, a senior official said on Monday, a day after Iran announced plans to build 10 more nuclear sites in a swipe at growing pressure to rein in atomic activity.
The declaration appeared intended to convince the West that Iran was prepared to move closer to bomb-grade quality, while stopping short of crossing that threshold.
Iran sees little point to staying in the Non-Proliferation Treaty, a senior official said on Monday, a day after announcing plans to build 10 more nuclear sites in a swipe at growing pressure to rein in atomic activity.
Nov. 30 (Bloomberg) -- The French government is set to recommend a joint 4 billion-euro ($6 billion) bid by Alstom SA and Schneider Electric SA for Areva SA’s transmission and distribution unit, two people familiar with the matter said.
Democrats now see nuclear energy as a way to advance their goals on climate change.
Iran says its decision to build 10 more uranium-enrichment plants is a direct response to an IAEA resolution criticizing Iran for secret nuclear activities. Iran may not have the capacity to carry out the plan, but its announcement has prompted talk of new sanctions.
Iran's parliament speaker Ali Larijani said on Monday Iran saw little benefit from its membership of the nuclear Non-Proliferation Treaty, a day after Tehran announced plans to build 10 uranium enrichment plants.
It's quest to develop a nuclear program has taken a circuitous path through history – and includes early cooperation with the US.
Mileposts in Iran's quest to harness nuclear power.
Nov. 23: Iran's President Mahmoud Ahmadinejad attends a news conference in Brazil (Reuters).
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