Briefs of Import from Outside NPEC

News, studies and analysis from around the web.

French Nuclear Flagship Project Falters
July 30, 2010

France's flagship domestic commercial power reactor project, Flamanville- 3 EPR, is now officially running $2 billion over budget and two years behind schedule. EDF, which is running the project also announced it's net profits fell 47% due to nonperforming investments in North American nuclear projects

Financing to Determine Who Will Supply Jordan's First Power Reactor
July 29, 2010

The Jordan Times quotes Jordan's atomic energy commission chairman as saying that "a sustainable funding scheme" will be a major consideration in his country's selection between a Russian, Canadian, and French bid to build the country’s first nuclear power plant.

France-Based AREVA Downgraded To 'BBB+' On Continued Weakened Profitability; Outlook Stable
July 29, 2010

Standard and Poor's Ratings Services announces that it has lowered AREVA's long- and short term corporate credit ratings to 'BBB+/A-2' from 'A/A-1.' Analysts note that profitability will remain weak, citing, in particular, an additional provision of 400 million euros that it took for cost overruns at the Olkiluto 3 reactor project in Finland.

Missile Defense and Missile Threats: Middle East Trends
July 26, 2010

In this NDU-commissioned slideshow, Uzi Rubin highlightes the development of missiles in Iran, Syria, Lebanon, Gaza, and Turkey and the missile defenses that Israel and the United Arab Emirates have adopted in response to such threats.

South Korea Developing Longer-Range Missiles: Report
July 19, 2010

Agence France-Presse reports that South Korea has developed a longer-range cruise missile capable of hitting nuclear or military sites in North Korea.

Government Report Finds DOE Loan Guarantee Program Riddled with Problems
July 15, 2010

A new government report finds the Department of Energy’s Loan Guarantee Program is riddled with problems: Further Actions Are Needed to Improve DOE’s Ability to Evaluate and Implement the Loan Guarantee Program.

Israel's Army Radio Reports New U.S.-Israeli Nuclear Cooperation
July 7, 2010

Israel's Army Radio reports that the U.S. has sent the Jewish state secret documents pledging to transfer it nuclear technology and other materials for the production of electricity despite the fact that Israel has not signed the NPT.

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