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Romania Snubbed Bulgaria over N-Plant Offer
Bulgaria has reportedly unsuccessfully courted Romania as it angles for a new chief investor in its second nuclear power plant Belene to replace the German energy company RWE, which withdrew last autumn.
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Sarkozy and Merkel call on eurozone to tighten purse strings
Eurozone leaders gather on Friday for a key economic summit, amid fears that the single European currency may collapse. Greece will dominate the agenda, but France and Germany's leaders say there is much more at stake.
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Chancellor Merkel fails to win opposition support for Greece bailout
The German government has failed to win backing from opposition parties for its bill to participate in the Greece bailout. The law is however, still expected to pass on Friday.
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Obama Plans Revival of Russian Nuclear Deal
President Obama is preparing to revive a civilian nuclear cooperation agreement with Moscow that his predecessor shelved two years ago in protest of Russia’s war with Georgia, an American ally, administration officials said Thursday.
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Energy's New 'Great Game'
Countries around the globe are racing to lock down energy supplies to ensure economic security. The geopolitical implications are huge
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Time for a nuclear samba
Brazil has advanced a proposal to unblock the Iranian nuclear dossier that is in fact the common view among the BRIC countries (Brazil, Russia, India, China), the emerging geopolitical counter-power to United States hegemony.
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Russia's overtures to Ukraine come while EU is preoccupied
Russia's proposal to combine its gas export monopoly Gazprom with the Ukrainian state energy company was part of a strategy to lock in assets while Europe focused on Greece, Alexander Rahr, a Russia expert at the German council on foreign relations, said on Tuesday.
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Turkey, Brazil in contact over nuke row
Turkeys Foreign Minister Ahmet Davutoğlu spoke late Tuesday with his Brazilian counterpart on the phone regarding the Iranian nuclear issue.
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