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European «Gas Deadlock» to Meet Interests of US Westinghouse Electric Company

Gasprom has introduced a prepayment system for gas supplies to Ukraine. It has become a result of self-destructive and provocative policy implemented by the West. Instead of making Ukraine find a compromise the United States and the European Union pushed the situation into a dead-lock. It serves the interests of US politicians and businessmen while posing a grave threat to Ukraine and Europe... The US goals are clear. It sees the current conflict as a continuation of a bigger geopolitical game related to the energy transportation routes going through Ukraine and affecting the interests of the whole Eastern and Central Europe...

Pyotr ISKENDEROV | 20.06.2014


 

Way to Deprive Ukraine of Nuclear Power

...Westinghouse Electric Co. of Pennsylvania said on April 3 it is in negotiations to extend its contract with Ukraine energy operator Energoatom to supply nuclear fuel for three reactors. The US interest is justified; Ukraine's power sector is the tenth largest in the world and the fifth largest in Europe in terms of nuclear reactors on its soil. The country boasts 15 nuclear power generating units at four nuclear power plants... All reactors are Russia-produced VVER type... According to former member of Ukrainian parliament Vadim Kolesnichenko, the goal of US expansion into the Ukrainian nuclear market is the elimination of Ukrainian nuclear energy infrastructure. When it becomes a thing of the past, Ukraine will have to buy energy in Europe at quite different prices... The regime in Kiev is ready to pay this price in order to convert the country into a bridgehead against Russia.

Grigory ORLOV | 09.04.2014


 

Temelín: Strategic Growth Project for Russian-Czech Relations

Czech Prime Minister Petr Nečas arrived in Russia on a four-day working visit late May, 2013. Trade and energy policy are among the topical issues for Prague and Moscow – 6% increase in turnover is good news for both parties. Infrastructure investment projects like Temelín nuclear power plant could be the cornerstone of successful bilateral cooperation. Temelín NPP means not only thousands new jobs, but also affordable energy for the Czech industry. It can truly be a safety net in times of European economic meltdown.

Igor ALEXEEV | 30.05.2013


 

Battle for Temelin

One by one the events unfold while the battle for Temelin is waged. The Czech government took a decision to build the third and the fourth power generating units of the nuclear energy plant in the vicinity of Temelin (24 km from Czech Budejovice). The reactors are Soviet VVER-1000 type, the price is $15 million. The decision sparked the emotions becoming kind of a political scandal. The MIR.1200 Consortium is an alliance of Czech Skoda JS and Russian Gidropress and Atomstroyexport, the subsidiaries of Russian firm Rosatom. Another bidder in the tender beside the Czech-Russian consortium is the US-Japanese company Westinghouse...

Vadim VIKHROV | 12.03.2013


 

Bulgaria: Recent Events

Bulgaria is facing the wave of the largest mass protests in the last 16 years provoked by price hikes. So the resignation of Boyko Borisov government has been expected. It was this very government and big time players from Washington who made the events unfold this way... Perhaps Bulgaria doesn’t even realize it has become a country with limited sovereignty as a result of the United Sates diplomatic pressure...

Vadim VIKHROV | 27.02.2013




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OUR COLUMNIST
    Valentin KATASONOV

Currency Swaps in the Modern World. The Birth of the Global Currency Cartel (II)

Before 2011, unlimited swaps between central banks were open for a period of seven days. In the autumn of 2011, however, the US FRS, the European Central Bank (ECB), the Bank of Japan, the Bank of England, the Bank of Switzerland and the Bank of Canada (the ‘big six’) agreed to coordinate actions to ensure the liquidity of the global financial system... Currency wars are not going anywhere; they are just ceasing to exist within the currency pool of the ‘big six’, while new currency wars between the ‘big six’ and the rest of the world are inevitable. The success of BRICS and other countries on the periphery of global capitalism in building a fair global financial order will, to a large extent, depend on the understanding that the West has already been consolidated and has distanced itself from the rest of the world...

01.10.2014
 
 
 
 
 
 
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