Putin Praying $80 Billion India-US Nuclear Power Deal Fails

Sam Aola Ooko — Fri, 26 Sep 2008 12:05:13 +0000

Russian prime minister, Vladimir Putin, is one man you can bet is clutching the prayer beads seeking some solace and hope that a potential nuclear power deal with one of the world’s emerging economies would land his country’s way.

That is, if the US Congress helps him by trashing George Bush’s deal with India before he can sign it into law. And the urgency means it is a critical time for both Washington and New Delhi. This might be easy if there’s no deal before the November presidential elections.

Here are the stakes: India seeks out partners to co-develop its nuclear energy potential, worth about US$ 80 billion. By 2032 the government plans to quadruple total generating capacity, to 700 gigawatts, with nuclear accounting for 63,000 megawatts.

Putin, Russia and the North

Amiel Blajchman — Fri, 15 Aug 2008 16:14:03 +0000

While not new news to any readers who follow international relations, what does it mean when Russian scientists have claimed that the 1,220-mile long underwater Lomonosov Ridge is geologically linked to the Siberian continental platform? While not the start in a race for unclaimed territory, it is simply the latest salvo in an on-going dispute over which nations will be able to control what part of the Arctic, and therefore the ability to exploit or protect.

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Putin Praying $80 Billion India-US Nuclear Power Deal Fails

Putin, Russia and the North