24 August 2012, inspectors with the International Atomic Energy Agency (IAEA) and Korea Institute of Nuclear Safety, are trying to figure out why an Areva (Framatome) designed nuclear reactor shut itself down, after a warning alarm sounded.
But it turns out this isn’t the first time this has happened. On 19 August 2012, a brand […] Continue Reading…
24 August 2012, the Japanese Labor Ministry is sounding a warning; Japan is running out of qualified employees for the ongoing nuclear disaster at the GE designed Fukushima Daiichi nuclear plant.
Since 11 March 2011, at least 3,000 people have been working (unsuccessfully) to bring Fukushima Daiichi under control. As of March 2012, 167 workers […] Continue Reading…
On 23 August 2012, Reactor 1 of the Uljin (aka Ulchin) nuclear power plant in Korea, south, shut itself down. Officials with the Korea Hydro & Nuclear Power Company do not know why.
A warning signal went off, but there is no radiation leak, according to officials. Korean media says the International Atomic Energy Agency […] Continue Reading…
Korea media reporting that Reactor 1 at Ulchin nuclear power plant, in North Kyongsang province of South Korea, ceased operations for unknown reasons.
Ulchin is the World’s 13th largest electric power generating plant, with a 5,900 megawatt capacity.
Ulchin-1 began operations in 1988 and is a PWR – Framatome type reactor.
“…we are not in the habit of repeating a warning and we warn only once.”-Major General Ataollah Salehi, Iranian Army, 03 January 2012 threat against USS Stennis
“We’re asking an awful lot of each of you. And frankly, you are the best I have, and when the world calls we have to respond.”-Leon Panetta, U.S. […] Continue Reading…
23 August 2012, the Bank of England tried to make it look as though flooding the markets with cash is benefiting everyone. But their own words revealed the truth: “…asset purchases have boosted the value of households’ financial wealth held outside pension funds, although holdings are heavily skewed, with the top 5% of households […] Continue Reading…
23 August 2012, Australia’s Quantas Airways reported its first yearly loss since it was privatized 17 years ago.
Quantas lost $250 million USD from June 2011 to June 2012. The airline blames the high cost of fuel, coupled with flight cancellations and employee strikes.
The loss means that Quantas will now put on hold a huge […] Continue Reading…
23 August 2012, after buying back control of its Swedish cell phone operation, Sony announced it will lay off 15% of the employees.
Sony will also move most of the Mobile Communication division back to Japan.
Until Sony’s buyback, the Mobil Communication division was a joint venture with Sweden’s Ericsson. The cuts are on top of […] Continue Reading…
“With 96% of the world’s population and 80% of the world’s wealth being outside of the United States, the international market opportunities for agricultural products are great.”-Idaho Department of Agriculture
According to the Idaho Department of Agriculture, farm exports are up 15% compared to 2011, and 2011 was a record setting year!
“Canada and Mexico are […] Continue Reading…
Famous last words: “Sustainable, renewable energy is going to play a big role in Idaho’s future.”-Butch Otter, current Governor of Idaho, 2011 statement
Reality check: “New projects are non-existent. There’s no support for renewables in this state.”-Peter Richardson, Boise attorney
As of 21 August 2012, Hoku Corporation stock was worth only 9 cents per share!
According to a […] Continue Reading…