The worldwide rush to build liquefaction capacity has the characteristics of speculative bubbles and gold rushes of past centuries. In the case of the developing LNG glut, the blame must probably be shared by overambitious promoters and prestigious but imprudent energy experts.
Just like the Cold War I, the Cold War II has its ideological underpinning, except, now it is not about communism versus capitalism, it is about multipolarity versus unipolarity. It just happened Russia was not willing to be a part of unipolar world. It just happened to be against Russian national character to be serving a “higher master”. How did it dare to disobey? Well, the nuclear weapons came handy for standing up to protect its national pride and its national interest in face of America bluntly stepping into Russia’s spheres of interest.
The Fukushima disaster was over five years ago, and may have been largely forgotten by the general public and the media (perhaps because the Japanese olympics are just four years from now), but its effects still linger. Perhaps nowhere more so than for those who took pare in the Fukushima clean up effort: as Starts and Stripes reports, sixteen U.S. ships that participated in relief efforts after Japan’s nuclear disaster five years ago remain contaminated with low levels of radiation from the crippled Fukushima Dai-ichi nuclear power plant.
Although Belgian nuclear officials say reports that a guard was killed and his access badge stolen are "false," there's little question that the country's nuclear facilities have a questionable safety and security record. That, combined with the fact that at least one ISIS member had access to a reactor at Doel in 2012, has experts worried that Belgium's nuclear facilities will be the next target for the now famous Brussels cell.
"I don’t understand how you could have been in possession of this video since Nov. 30, but on Jan. 13, when I questioned you on this, you answered, ‘There is no specific threat to the nuclear facilities.’ ”
All non-essential personnel are leaving the Tihange nuclear plant located just 50 miles from the Brussels airport. In February, investigators discovered footage of a Belgian nuclear official while raiding the property of a Paris attacks suspect.
It may be option expiration day (always leading to abnormal market activity) but it remains all about the weak dollar, which after crashing in the two days after the Fed's surprisingly dovish statement has put both the ECB and the BOJ in the very awkward position that shortly after both banks have drastically eased, the Euro and the Yen are now trading stronger relative to the dollar versus prior. As DB puts it, "the US Dollar has tumbled in a fairly impressive fashion since the FOMC on Wednesday with the Dollar spot index now down the most over a two-day period since 2009" which naturally hurts those countries who have been rushing to debase their own currencies against the USD.
We now have the candidate for the "next Fukushima" - one of the faults that run under the premises of Hokuriku Electric Power Co.’s Shika nuclear power plant in Ishikawa Prefecture can be reasonably concluded to be active, according to an evaluation compiled last Thursday by an expert panel at the Nuclear Regulation Authority. According to the Shimbun, the No. 1 reactor at the Shika plant may have to be decommissioned under the new nuclear regulatory standards, which ban the construction of important facilities above an active fault. The fault in question lies directly under the No. 1 reactor building.