Ian's Feed
Oct 7, 2011

BoE’s QE2 is uncertain lifeboat in euro storm

(The author is a Reuters Breakingviews columnist. The opinions expressed are his own)

By Ian Campbell

LONDON (Reuters Breakingviews) – The Bank of England has launched its lifeboat early. Its calculation is that the euro storm, bad now, may get a lot worse, with worrying implications for UK banks, exports and growth. But whether the monetary lifeboat can keep the UK economy from sinking will remain in doubt. If the purchase of 75 billion pounds of government bonds isn’t enough, there may well be more — but also calls for bolder fiscal policy.

Oct 5, 2011

Ex-U.N. inspector sees no Iran atom bomb before 2013

VIENNA (Reuters) – Iran is unlikely to be able to make atomic bombs before 2013, a former senior official of the U.N. nuclear watchdog said on Wednesday, dismissing suggestions it could happen in months if Tehran decided to pursue such mass-destruction weaponry.

Olli Heinonen, head of U.N. safeguards inspections worldwide until last year, said he believed Iran would need a couple of years to develop a capability to manufacture nuclear-armed missiles, based on what is now known about its activities.

Sep 28, 2011

Analysis – How close is Iran to the bomb? Depends who you ask

VIENNA (Reuters) – Either Iran could build a nuclear bomb in a matter of months or it is unlikely to get such a weapon any time soon — depending on which Western expert you talk to.

The differing estimates show the difficulty in trying to assess how long it could take Iran to convert its growing uranium stockpile into weapons-grade material and how advanced it may be in other areas vital for any bomb bid.

Sep 28, 2011

How close is Iran to the bomb? Depends who you ask

VIENNA (Reuters) – Either Iran could build a nuclear bomb in a matter of months or it is unlikely to get such a weapon any time soon — depending on which Western expert you talk to.

The differing estimates show the difficulty in trying to assess how long it could take Iran to convert its growing uranium stockpile into weapons-grade material and how advanced it may be in other areas vital for any bomb bid.

Sep 26, 2011

IAEA seeks funds for post-Fukushima nuclear safety

VIENNA (Reuters) – The U.N. atomic agency urged states on Monday to provide extra funding to strengthen global nuclear safety in the wake of Japan’s Fukushima accident — a request some may balk at amid growing economic worries.

The head of the International Atomic Energy Agency, Yukiya Amano, also announced the U.N. body would send a team of experts to Japan next month to help sanitise areas contaminated as a result of the nuclear accident.

Sep 23, 2011

Israel sees “positive” Arab move at IAEA meeting

VIENNA (Reuters) – Israel welcomed as a “positive” move a decision by Arab states not to target the Jewish state with a resolution over its assumed nuclear arsenal at a global meeting of the U.N. atomic agency on Friday.

Arab delegations described this as a “goodwill” gesture ahead of talks later this year on efforts to free the world of nuclear weapons and an Egyptian-proposed conference in 2012 on creating a zone without such arms in the Middle East.

Sep 22, 2011

IAEA states back post-Fukushima nuclear safety plan

VIENNA, Sept 22 (Reuters) – The U.N. nuclear agency endorsed
an action plan on Thursday to help strengthen global nuclear
safety in the wake of Japan’s Fukushima accident six months ago,
despite criticism from some countries that it does not go far
enough.

The International Atomic Energy Agency’s 151 member states,
at their annual general conference in Vienna, approved by
consensus the plan prepared by the office of IAEA Director
General Yukiya Amano.

Sep 22, 2011

Fukushima to slow, not stop, nuclear growth

VIENNA (Reuters) – Environmental group Greenpeace calls it a “dying and dangerous” industry and Europe’s biggest engineering conglomerate, Siemens, is exiting the sector altogether.

Japan’s Fukushima nuclear accident six months ago sparked doubts about the future of nuclear power across the globe and especially in Europe, highlighted by Germany’s decision to quit the energy source and Italy’s referendum to ban it for decades.

Sep 22, 2011

Analysis: Fukushima to slow, not stop, nuclear growth

VIENNA (Reuters) – Environmental group Greenpeace calls it a “dying and dangerous” industry and Europe’s biggest engineering conglomerate, Siemens, is exiting the sector altogether.

Japan’s Fukushima nuclear accident six months ago sparked doubts about the future of nuclear power across the globe and especially in Europe, highlighted by Germany’s decision to quit the energy source and Italy’s referendum to ban it for decades.

Sep 21, 2011

Myanmar says in “no position” to build atomic arms

VIENNA (Reuters) – Myanmar is in no position to consider developing nuclear arms, a senior diplomat from the military-ruled country told the U.N. atomic agency on Wednesday, rejecting any such suspicions in the West.

Last year, a U.N. report suggested that North Korea might have supplied Myanmar as well as Iran and Syria with banned atomic technology.