Chinese President Xi Jinping Seals Multi-Billion Dollar Nuclear Power Deal With Britain

As Australia allows for China to take over a strategic military port, Great Britain allows for its nuclear power infrastructure to be compromised.

 

In the first major Chinese investment in a Western nuclear facility, China’s General Nuclear Corporation (CGN) will take a one-third stake in the planned 18 billion-pound ($28 billion) Hinkley Point nuclear plant controlled by France’s EDF.

State-owned CGN will also take a two-thirds stake in the Bradwell nuclear plant east of London, where it plans to build a Chinese-designed reactor, and a one-fifth stake in a project for Areva designed reactors at the Sizewell plant.

“We will build a global, comprehensive strategic partnership between our countries in the 21st century and jointly open up a golden era,” Xi told reporters via a translator, adding that the nuclear deal was a flagship investment. Continue reading

Former Communists from East Germany set to return to power

Days before Germany is set to mark the 25th anniversary of the fall of the Berlin Wall, the way has been cleared for the former communists who ruled East Germany to return to power.

The Left Party, widely seen as the successor to the SED, East Germany’s communist party, is expected to head the government of a German state for the first time since reunification, after the Social Democrats voted to enter a coalition with them in the state of Thuringia.

Many of the Left Party’s leadership were senior figures in the old SED, which ruled East Germany as a single-party state. And the prospect of the party’s return to power has caused alarm in some quarters.

Continue reading