Nuclear Power

Explosion At French Nuclear Power Plant, No Risk Of Nuclear Contamination

French authorities said an explosion occurred at the EDF-operated Flamanville Nuclear Power Plant in France’s north-west, in the power plant's machine room, but added that there is no leak of radiation. The incident occurred at 10:00 local time (09:00 GMT) in an engine room, Ouest-France newspaper reported. No injuries have been reported.

GoldCore's picture

The Trump administration continues to sabre-rattle at global powers and threatens to disrupt the status-quo of international relations. Comments in just 24-hours by Donald Trump and his team have included attacking an Ivy League university, a nuclear power and two of the United States’ key trading partners.

Destroying The "Wind & Solar Will Save Us" Delusion

The “Wind and Solar Will Save Us” story is based on a long list of misunderstandings and apples to oranges comparisons. Somehow, people seem to believe that our economy of 7.5 billion people can get along with a very short list of energy supplies. Unfortunately, a transition to such a short list of fuels can’t really work.

War Gaming - Part 1: Nukes & Terrorism

We will examine American hegemony from a foreign nation’s perspective. In other words, if a nation wanted to attack the U.S. to either replace the U.S. as global superpower or to create conditions that would allow it to act freely to establish regional hegemony, how would this be accomplished?

Frontrunning: January 23

  • Dollar slips, shares wobbly as Trump reality sets in (Reuters)
  • Some Republicans Wary of Repealing ACA Without Replacement Plan (WSJ)
  • First days of Trump era signal America's deepening political divide (Reuters)
  • Donald Trump Embarks on His First Week With a Heavy Slate (WSJ)
  • Equatorial Guinea has applied to join OPEC: OPEC source (Reuters)

China Daily: Tillerson's "Disastrous" Actions Would Set The Course For A "Devastating Confrontation"

"Tillerson's statements regarding the islands in the South China Sea are far from professional. If Trump's diplomatic team shapes future Sino-US ties as it is doing now, the two sides had better prepare for a military clash... Should he act on them in the real world, it would be disastrous... and would set a course for devastating confrontation between China and the US."

These Are Barclays' 13 Commodity "Black Swan Threats" For 2017

Beware the commodity "black swans" in 2017, at least according to Barclays. The British bank warns that raw materials markets from oil to metals face the a high likelihood of disruptions, which among, other include a default by Venezuela, riots in Chile, a trade war with China, more terrorism in Turkey, and even a Fukushima-type disaster in China.

10 Reasons Trump Won't Lead A Nuclear Renaissance

Donald Trump in the White House and Theresa May in 10 Downing Street. They will open the door to more nuclear spending, no doubt. But, despite all the post-election industry euphoria, should we anticipate a full renaissance for U.S. commercial nuclear power?

Contagion Concerns Slam Japanese Financials As Toshiba Crashes 50% In 3 Days

After two days of total carnage in Toshiba stocks, bonds, and credit risk, the bloodbath continues with the once-massive Japanese company is collapsing once again in early trading - now down 50% in 3 days. Following the semiconductor and nuclear business catastrophes, the company had nothing to add regarding today's crash but more worryingly the massive loss of market cap is spreading contagiously to Japanese financials with Sumi down 4%, and MUFG down almost 3%.