U.S. Official: China's Banks at Risk from Iran Deals
IN THIS ISSUE: China's banks "at risk from Iran deals," Fukushima reactor temperatures said near cold shutdown, Saudi Arabia targets first nuclear plant by 2020, Obama's distant goal of a nuclear-free world, India to produce nuke missile, France on Iran's nuclear ambitions.
U.S. Official Says China's Banks at Risk from Iran Deals Michael Martina | Reuters
Iran is increasingly looking for access to global financial markets to fund its nuclear programme, a top U.S. Treasury official said on Wednesday, urging Chinese regulators and banks to be prepared to block transactions and impede Iran's efforts.
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Kazuaki Nagata | The Japan Times
Tokyo Electric Power Co. reported Wednesday that the bottom of all three crippled reactors' pressure vessels at its Fukushima No. 1 nuclear plant were now below 100 degrees — a collective first since the crisis erupted after the March 11 temblor-tsunami catastrophe. Full Article
Peter Shaw-Smith | Financial Times
Saudi Arabia plans to complete construction of its first nuclear power plant within nine years although it will take longer to become fully operational and add capacity to the kingdom's over-stretched grid. "Our target is 2020," Ibrahim Babelli, a consultant at the King Abdullah Centre for Atomic and Renewable Energy, told a nuclear construction conference in Dubai this week. Full Article
Zachary Roth | The Atlantic
President Obama used his first overseas trip in office to announce his intention to rid the world of nuclear weapons. Obama's high-profile endorsement of what arms-control advocates call "global zero" was a hugely significant step for a U.S. president to take. But since then, he's been hit with some jarring reminders of just what an uphill climb that journey to zero will be. Full Article
Vivek Raghuvanshi | Defense News
The Indian government has sanctioned serial production of an advanced homegrown nuclear-capable missile after a successful Sept. 25 test-firing of the Shourya, which can travel at a speed up to Mach 7.5. The missile, which was tested at India's range in the northeastern state of Orissa, can carry both nuclear and conventional warheads. It can be used by both the Indian Navy and Army. Full Article
Global Security Newswire
The unwillingness of a number of nations to tolerate a nuclear-armed Iran means the country's disputed atomic activities place it in greater danger of coming under armed attack, the French ambassador to the United Nations said on Tuesday. "Personally I am convinced that some countries won't accept this prospect," Ambassador Gerard Araud said. Full Article
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