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GDF Suez to Take Control of International Power
Updated GDF Suez, the giant Franco-Belgian utility, said Tuesday that it had agreed to take over its smaller British rival International Power in a deal where the target’s shareholders will receive £1.4 billion ($2.2 billion) in cash in a special dividend.
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Kyrgyzstan economy devastated by year of unrest
Battered by bloody ethnic clashes and its second coup in five years, Kyrgyzstan is facing economic disaster, with experts warning that not even a recent pledge of international aid may be able to stave off collapse.
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Heatwave could cost Russia almost one percent of GDP
The worst heatwave in Russian history is likely to cost the economy almost one percent of GDP, according to economists. The summer's drought, forest fires and smog will be significant factors in eroding economic growth.
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Ukraine expects to get loans for universal nuclear safety program
Ukrainian National Energetic Company ( NEC) "Energoatom" expects to receive about one billion EUR loans from the European Bank for Reconstruction and Development (EBRD) and European Agency for Atomic Energy "Euratom" to implement a universal program on improving safety of the country's nuclear power plants, the company said
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Iran 2010: Enriching Uranium, Saudi Arabia Buying Fighters
The Obama Administration plans to sell 84 F-15 Eagle jet fighters to the Kingdom of Saudi Arabia over the next ten years for a total of $30 billion.
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Australia Opposition Would Export Uranium To India If Elected
Australia's main opposition Liberal-National coalition of center-right parties said Tuesday it will open up uranium exports to India if it wins power in an election to be held Aug. 21.
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Serbia Decides on Bulgaria's Nuclear Plant in Fall
The majority in the Serbian cabinet supports the country’s participation in Bulgaria’s Nuclear Power Plant (NPP) project, according to the Serbian newspaper “Vecherne Novosti.”
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Russian president visits breakaway Abkhazia
Russian President Dmitry Medvedev arrived Sunday in Abkhazia, one of the separatist territories over which Russia and Georgia warred two years ago, the state-run Interfax news agency reported.
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