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.
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.
IAEA: Iran activates enrichment equipment
Iran has activated equipment to enrich uranium more efficiently in a move that defies the U.N. Security Council, the International Atomic Energy Agency said.
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.
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.
Nuclear fuel situation has improved: AEC Chairman
Availability of fuel for India's nuclear power plants has improved, according to Dr Srikumar Banerjee, Chairman, Atomic Energy Commission.
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
Georgia deals with 'occupation'
On the second anniversary of the 2008 war between Russia and Georgia, the government in Tbilisi has accepted Russian occupation of their provinces — for now.
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