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Latest Finance News related to Nuclear Weapon

Let’s move to Helensburgh, Argyll & Bute: ‘The air seems to sparkle’ image
.... And not for those who hanker after hullabaloo: it’s all cherry blossom and villas round here. You don’t mind having a large number of nuclear weapons on your doorstep, do you? Faslane submarine base makes this either the safest, or most dangerous, spot in the country. ...
Reacting to technological threats isn't enough – we need to plan for them | Michael Boskin image
....The growing contentiousness of technology is exemplified in debates over so-called net neutrality and disputes between Apple and the FBI over unlocking suspected terrorists’ iPhones. This is hardly surprising: as technology has become increasingly consequential – affecting everything from our security (nuclear weapons and cyberwar) to our jobs (labour market disruptions from advanced software and robotics) – its impact has been good, bad, and potentially ugly. ...
Will Donald Trump's election put America first and global conflict next? image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 08:33:31 AM
....Meanwhile, an “America first” approach under Trump will likely worsen the longstanding Sunni-Shia proxy wars between Saudi Arabia and Iran. And if the US no longer guarantees its Sunni allies’ security, all regional powers – including Iran, Saudi Arabia, Turkey, and Egypt – might decide that they can defend themselves only by acquiring nuclear weapons, and even more deadly conflict will ensue. ...
The iPhone at 10 image
Source : BBC [Read Article] Monday 26th of December 2016 02:18:43 AM
.... . Specifically, he was on President Kennedy's Scientific Advisory committee in 1963, trying to figure out how to detect when the Soviet Union was testing nuclear weapons. ...
Rolls-Royce exploited US sanctions loopholes to trade with Iran image
Source : Guardian [Read Article] Wednesday 21st of December 2016 10:30:15 AM
.... “I am little bit surprised, given that it’s under sanction and these guys have a pretty big exposure to the US both on the commercial [aerospace] side as well as defence,” he said. Relations between Iran and the west deteriorated dramatically throughout the 2000s amid concerns the country was trying to develop a nuclear weapons programme, with the UN security council approving fresh sanctions on Iran in 2006. ...
McCluskey triggers early Unite general secretary election image
Source : BBC [Read Article] Tuesday 6th of December 2016 05:29:48 PM
.... . His equivocal position on renewing the nuclear deterent Trident - as a lifelong anti-nuclear weapons campaigner - has also troubled many who work in the defence sector. ...
'Smart' home devices used as weapons in website attack image
Source : BBC [Read Article] Saturday 22nd of October 2016 09:10:19 AM
....Jeff Jarmoc, head of security for global business service Salesforce, pointed out that internet infrastructure is supposed to be more robust. "In a relatively short time we've taken a system built to resist destruction by nuclear weapons and made it vulnerable to toasters," he tweeted. ...
Nuclear submarines construction set to start image
Source : BBC [Read Article] Saturday 1st of October 2016 02:30:30 PM
....One is always deployed at sea, while another undergoes maintenance and two are in port or on training manoeuvres. In July, MPs voted to renew Britain's ageing nuclear weapons system by 472 votes to 117. ...
Google, Facebook, Amazon join forces on future of AI image
Source : BBC [Read Article] Wednesday 28th of September 2016 10:29:35 PM
.... . One of the most vocal and high-profile naysayers is Tesla's chief executive, Elon Musk, who has tweeted the technology is "potentially more dangerous than nukes [nuclear weapons]" and expressed concerns humans were "just the biological boot loader for digital super-intelligence". ...

Iran isn't interested in the truth, law or decency
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Source : Telegraph [Read Article] Saturday 13th of August 2016 07:14:07 AM
....Businesses, organisations, charities and agencies that operate in Iran are at risk, and the people who work for them – especially if they have dual nationality – are in a very dangerous position. It is my deep concern that further investment in Iran will, rather than open it to the world, will actually put more dual citizens at risk; will help the country obtain nuclear weapons; and will help fund human rights abuses. ...

Jeremy Corbyn’s fans jeer Owen Smith on Labour’s darkest day... literally
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.... “YAAAAAY!” cheered his fans. “I oppose nuclear weapons,” said Mr Corbyn. ...

Labour’s civil war: Tom Watson in public spat with Jeremy Corbyn over 'Trotskyists' warning
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....GMB, which remained neutral in last year’s leadership race, endorsed Mr Smith after 60 per cent of its members backed the former frontbencher over Mr Corbyn in a ballot. The union has repeatedly clashed with Mr Corbyn over his determination to scrap the Trident nuclear weapons over the last year. ...

It’s time for a thaw in our relations with Russia 
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Source : Telegraph [Read Article] Wednesday 10th of August 2016 05:21:03 PM
.... Nato forces in the region are being significantly augmented, with the US in particular announcing a quadrupling of its defence expenditure in Europe. The Russians too are rearming, making worrying demonstrations over the Baltic and elsewhere, and regularly referring to the possible relevance of their vast stockpile of nuclear weapons. ...

Boost for Owen Smith as GMB, one of Britain’s biggest trade unions, backs him for Labour leadership over Corbyn
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....GMB, which remained neutral in last year’s leadership race, endorsed Mr Smith after 60 per cent of its members backed the former frontbencher over Mr Corbyn in a ballot. The union has repeatedly clashed with Mr Corbyn over his determination to scrap the Trident nuclear weapons over the last year. ...

North Korea 'feeding workers crystal meth' to speed up skyscraper project
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Source : Telegraph [Read Article] Wednesday 10th of August 2016 09:42:05 AM
....Hundreds of thousands of North Korean citizens have been roped in to finish the project, which consists of a 70-floor skyscraper and more than 60 apartment blocks. It was approved earlier this year by North Korean leader Kim Jong-un in defiance of tough sanctions placed on the hermit state over its nuclear weapons tests. ...

Jeremy Corbyn is a symptom, not the cause of Labour’s total lack of direction 
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.... This meant strong trade unions, nationalised industries, big local authority housing schemes, and good state pensions with early retirement ages. They supported pragmatic Labour leaders who got them into power, and were carefully responsible in their attitudes to foreign affairs, largely in favour of nuclear weapons and the West. ...

Iran executes nuclear scientist who returned from US
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Source : Telegraph [Read Article] Sunday 7th of August 2016 02:03:19 PM
...."While still in Iran, he was also one of the sources for a much-disputed National Intelligence Estimate on Iran's suspected weapons programme, published in 2007," the report said. World powers had grown increasingly concerned that Iran was pursuing a nuclear weapon - a charge that it has consistently denied. ...

Donald Trump's calamitous week leads to questions about his state of mind
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Source : Telegraph [Read Article] Saturday 6th of August 2016 04:29:13 PM
....He savaged Japan suggesting that, if the US was attacked, that country would "just sit home and watch Sony television". A former ally also alleged that Mr Trump had asked three times in a foreign policy briefing why he couldn't use nuclear weapons as president. ...

MPs reveal their summer books: Jeremy Corbyn reads study of Chernobyl, while Brexit minister picks The Beano
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....“Alexievich chronicles the devastating human impact of the reactor meltdown and the heroic efforts of the people who sacrificed their own safety to shut it down and prevent even further harm,” she says. “Corbyn is firmly opposed to nuclear weapons and energy, and this is probably not going to change his mind. ...

Donald Trump 'asked why US couldn't use nuclear weapons if he becomes president'
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. Donald Trump asked a foreign policy expert three times why the United States couldn't use nuclear weapons if he becomes president, it has been claimed. ...

Like the Spanish Armada, Labour must realise it, too, has been defeated
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.... Saying you would be prepared to authorise a nuclear strike that can kill a hundred thousand innocent men, women and children is bold - Mrs May did that without breaking a sweat, and the voters respected her for it. A YouGov poll yesterday showed two-thirds of the British public believed she was right to make their comments, although only 52 percent agree with the UK having nuclear weapons. ...

Hillary Clinton says 'little men' like Donald Trump are too volatile to be president as she becomes first female nominee
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....Hillary Clinton became the first woman to accept a major party’s nomination for the presidency on Thursday, and did so with her gaze fixed firmly on Donald Trump. She spoke at length about the businessman’s character and temperament, saying “a man you can bait with a tweet is not a man we can trust with nuclear weapons”. ...

Donald Trump claims Vladimir Putin used 'N-Word'
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Source : Telegraph [Read Article] Thursday 28th of July 2016 12:41:35 AM
....His claim was all the more puzzling because Mr Trump was at pains during the same press conference to say that he had never personally met Mr Putin. Although many people listening assumed "N-word" referred to a racial slur the possibility was raised in some quarters that he meant "nuclear weapons," and was actually referring to public comments Mr Putin has made about them. ...

North Korea denies its nuclear weapons pose threat to UK
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Source : Telegraph [Read Article] Friday 22nd of July 2016 05:10:47 AM
....". A spokesman for the North Korean foreign ministry told the state-run Korea Central News Agency, "It is illogical that the DPRK's nuclear weapons pose a threat to the UK. ...
Labour leadership: Labour 'too timid' on tax - Owen Smith image
Source : BBC [Read Article] Sunday 17th of July 2016 10:39:45 AM
.... . "I want a world without nuclear weapons altogether, but I don't think we hasten that by divesting," he said. ...
Tinder sues threesome app rival 3nder image
Source : Guardian [Read Article] Monday 23rd of May 2016 04:51:51 PM
....But 3nder launched its fightback in bizarre fashion on Monday, calling on its users to send Tinder pictures of their socks via Twitter, using the hashtag #TinderSuckMySocks. Founder Dimo Trifonov vowed to fight Tinder, which he accused of “loading a nuclear weapon” against his firm, which employs just eight people. ...
Panama Papers: call for offshore tax reform after data revelations image
Source : Guardian [Read Article] Tuesday 5th of April 2016 06:47:40 AM
....• How laundered cash from Britain’s largest gold bullion robbery was hidden. • The role of a British banker who set up a secret offshore finance company allegedly used to help North Korea sell arms and expand its nuclear weapons programme. ...
Sanctioned clients on Panama firm's books image
Source : BBC [Read Article] Monday 4th of April 2016 06:24:49 PM
.... . One had links to North Korea's nuclear weapons programme. ...
Steel craft workers specialise to survive image
Source : Guardian [Read Article] Thursday 31st of March 2016 06:51:43 PM
....Sheffield Forgemasters, the biggest steel industry employer in the city, employing about 630 people, announced plans in February to cut 100 jobs from its plant in the Brightside area of the city. The private company, which makes parts for the submarines carrying the UK’s Trident nuclear weapons, also reported its first-ever loss, of £9. ...
How do companies cope with memory loss? image
Source : BBC [Read Article] Monday 21st of March 2016 01:17:53 AM
....These have been addressed by Lord Terry Burns, permanent secretary to the Treasury in the 1990s, former cabinet minister and ex-Treasury official David Willetts, former Chief Secretary to the Treasury Sir Danny Alexander and ex-shadow chancellor Ed Balls, as well as former Chancellors Lord Lawson and Alistair Darling. The nuclear weapons sector of public policy is also troubled by corporate amnesia. ...
Norway's oil-based wealth fund sells out of more fossil fuel companies image
Source : Guardian [Read Article] Friday 5th of February 2016 02:34:54 AM
.... Those decisions were made for financial reasons, which increasingly take into account social and environmental activities by the company and their impact on profit. The fund can also exclude companies for purely ethical reasons when they are seen to be in serious violation of human rights, or are producers of nuclear weapons or tobacco. ...
Ministers can do more to support British steel, trade unions say image
Source : Guardian [Read Article] Friday 29th of January 2016 05:22:13 PM
....The Ministry of Defence brokered the loan guarantee at the end of last year to safeguard Sheffield Forgemasters, according to Sky News. The 211-year-old company, which makes parts for the submarines carrying Trident nuclear weapons, has come under financial pressure due to the crisis afflicting Britain’s steel industry. ...
Sheffield Forgemasters to cut up to 100 jobs as steel industry decline continues image
....”. Sheffield Forgemasters, a private company which makes parts for the submarines carrying the UK’s Trident nuclear weapons, has also reported its first ever loss, of £9. ...
Forget the economic gloom – Gideon is in charge! image
Source : Guardian [Read Article] Tuesday 19th of January 2016 06:06:44 PM
.... George wasn’t going to listen to any halfwits in the IMF. Nor was he going to listen to anything McDonnell had to say about anything, as Jeremy Corbyn’s latest idea was to spend £30bn on nuclear submarines that weren’t going to carry nuclear weapons. ...
Oil steadies after falling below $28 image
Source : BBC [Read Article] Monday 18th of January 2016 01:26:51 PM
....The group forecast that in the next six months non-Opec members would be unable to sustain production because of the continuing low oil price. The decision to lift the sanctions against Iran came on Sunday after the international nuclear watchdog, the IAEA, said Iran had complied with a deal designed to prevent it developing nuclear weapons. ...
A volatile world is sending stock markets tumbling but don't panic image
Source : Guardian [Read Article] Sunday 10th of January 2016 01:00:12 PM
....Overall, Ian Bremmer – the go-to guy if you’re trying to understand the link between geopolitics and the world of business and finance – predicts that we’re about to see “a dramatically more fragmented world in 2016, with more intra-, inter- and extra-state conflict than any point since world war two”. In that context, it’s no surprise that North Korea decided to test a nuclear weapon, claiming the device it detonated was not an “ordinary” atom bomb but an advanced hydrogen device. ...
FTSE 100 sheds ANOTHER £40bn as China's markets are suspended after just 870 SECONDS  image
....It is the third time this week that Britain's bluechip index has suffered devastating losses, in part prompted by fears over China's slowing economy. Falling oil prices, political instability in the Middle East and North Korea's nuclear weapon testing have also pushed traders to sell up. ...
Foreign firms dash to get in on Iran 'gold rush' – but US companies left out in cold image
....American companies risk missing out on a “gold rush” in Iran if sanctions are lifted as expected next year under the controversial nuclear deal, experts have warned. Companies from Asia and Europe are already flocking to do business in the emerging economy, which is set to come in from the cold should Tehran meet its obligations to not pursue a nuclear weapon. ...
Defence firms warned delays to new nuclear submarines would put UK 'at risk' image
Source : Telegraph [Read Article] Wednesday 21st of October 2015 12:50:33 PM
.... . Detailing how Britain’s nuclear deterrent had protected the country for 60 years, the minister said: "Cold war certainties have been replaced by an unpredictable new nuclear age defined by weapons proliferation, more nuclear states, and rogue nations wanting nuclear weapons and the technology to develop them. ...
Errors revealed at Chinese nuclear firm seeking to invest in UK plants image
Source : Guardian [Read Article] Monday 19th of October 2015 07:40:19 AM
....A leading Chinese scientist told the Guardian this year that China’s nuclear power expansion plans are “insane” because the country’s safety controls are not rigorous enough. “China currently does not have enough experience to make sound judgments on whether there could be accidents,” said 88-year-old He Zuoxiu, who worked on China’s nuclear weapons programme. ...
Security fears over China nuclear deal image
Source : BBC [Read Article] Friday 16th of October 2015 02:41:26 PM
....Gaining regulatory approval from the UK authorities for the design would be a major boost to the Chinese National Nuclear Corporation's hopes of exporting the technology around the world. But senior UK defence and security sources reportedly are concerned that the state-controlled company, which helped develop China's nuclear weapons, poses a national security risk. ...
Backlash at Labour budget vote U-turn image
Source : BBC [Read Article] Tuesday 13th of October 2015 01:16:46 AM
....Analysis by BBC political correspondent Iain Watson. The vast majority of Labour MPs didn't want Jeremy Corbyn as their leader - and they anticipated that divisions would be inevitable on everything from nuclear weapons to Syria. ...
Faslane deals spark Trident renewal row image
Source : BBC [Read Article] Monday 31st of August 2015 04:33:11 AM
China manages drone and chip exports image
Source : BBC [Read Article] Monday 3rd of August 2015 11:27:03 AM
....In April this year, the US stopped Intel working with China on a supercomputer that, once built, would be more powerful than Tianhe-2. The US Department of Commerce said it was concerned that the machine would be used for nuclear weapons research. ...
Do we still need boycotts when you can send an angry tweet? image
Source : Guardian [Read Article] Thursday 30th of July 2015 12:10:26 PM
.... Put simply, when organised well, boycotts change the cost-benefit analysis, making the status quo too costly to continue”, she says. CAI’s track record includes a boycott in the 1980s against General Electric, which subsequently disinvested from nuclear weapon production. ...
Iran nuclear talks: comprehensive deal could be done by Monday image
Source : Guardian [Read Article] Monday 13th of July 2015 10:15:29 AM
....Mitch McConnell, the Senate majority leader, described the expected deal as “a very hard sell”. Bob Corker, the Republican head of the Senate foreign relations committee, told NBC: “At the end of the day I think people understand that if this is a bad deal that is going to allow Iran to get a nuclear weapon, they would own this deal if they voted for it, and so they’ll want to disapprove it. ...
Philip Zimmermann: king of encryption reveals his fears for privacy image
....Zimmermann and Snowden are 30 years apart in age, but their actions have framed the privacy debate. Zimmermann switched his focus from campaigning against nuclear weapons to pushing back on state snooping in 1991, when he released PGP for free over the internet in an act of political defiance. ...
Labour manifesto pledges do nothing to challenge Tory rhetoric image
Source : Guardian [Read Article] Thursday 16th of April 2015 06:48:05 PM
....This madness is shared by the Conservatives. In a parliamentary debate on 20 January on the Trident nuclear weapons system, defence secretary Michael Fallon told MPs: “We also share the vision of a world that is without nuclear weapons, achieved through multilateral disarmament. ...
Ken Clarke: Tory party is too rightwing and personal attacks won't work image
Source : Guardian [Read Article] Thursday 16th of April 2015 05:08:28 PM
....He also spoke of the danger that personal attacks on rivals such as Miliband could cost Cameron power. Clarke would not comment on the backlash against defence secretary Michael Fallon, who said Miliband could “stab the UK in the back” over the renewal of Trident, Britain’s nuclear weapons system, because he took on his brother to win the Labour leadership. ...
Iran deal can open the way to trade and peace image
Source : Telegraph [Read Article] Saturday 11th of April 2015 03:30:46 PM
.... . The stringent trade restrictions, tightened in 2011, reflect fears (not least in Israel) that Iran’s uranium enrichment activities were aimed at building a nuclear weapon. ...
PayPal pays £5.2m over allegations it allowed a black market for weapons of mass destruction going to Iran, Libya and North Korea image
....2 million ($7. 7 million) settlement over alleged sanctions violations including allegations that it processed payments for a man involved in the black market for nuclear weapons technology. ...
Activist buys more Electra shares image
Source : Telegraph [Read Article] Monday 16th of March 2015 07:32:24 PM
....3p at 171p, after a report suggested that one of its biggest contracts, with the Atomic Weapons Establishment, could be scrapped. Analysts at Liberum estimated the loss of the nuclear weapons work, which is shared between Serco and two other companies, would see the outsourcer’s sales fall by almost 10pc. ...
Not fit to serve: Vladimir Putin exposes UK defence industry failings image
Source : Telegraph [Read Article] Friday 20th of February 2015 03:51:17 PM
.... . The latest move against Britain’s defences came this week when two Russian aircraft capable of carrying nuclear weapons were intercepted by the Royal Air Force. ...
The Church has been hijacked by a woolly left-of-centre Keynesianism image
Source : Telegraph [Read Article] Monday 16th of February 2015 02:14:14 PM
.... Inequality has been widening and the cuts in government spending have fallen unfairly on the people who can least afford them. That, along with a campaign to scrap our nuclear weapons, and a commitment to staying in the European Union, is the rough gist of a ‘Bishop’s Manifesto’ that is scheduled to be issued before the election, advising the faithful on how to vote. ...
Cumbrian MP challenges Russell Brand to debate after Trident rant image
Source : Telegraph [Read Article] Monday 26th of January 2015 12:51:52 PM
.... Watch Russell Brand's full rant about Trident spending. In it the MP says: “Russell, you have said that we should abandon the submarine boat-building programme that carries nuclear weapons because some people in BAE make a lot of money. ...
State of the Union: Obama says economic crisis over image
Source : BBC [Read Article] Wednesday 21st of January 2015 06:33:33 AM
....On foreign policy, he called on Congress to pass a resolution to authorise the use of force against the Islamic State militant group. On nuclear talks with Iran, the president reiterated his belief that an agreement could be reached to prevent the country from gaining nuclear weapons, and said he would veto any new sanctions bill that undermined negotiations. ...
Fed calls time on $5.7 trillion of emerging market dollar debt image
Source : Telegraph [Read Article] Wednesday 17th of December 2014 09:27:06 PM
.... These two false assumptions have blown up simultaneously, the effects threatening to feed on each other with wicked force. Russia's Vladimir Putin could hardly have chosen a worse moment to compound his woes by tearing up the international rulebook and seizing chunks of territory from Ukraine, a country that gave up its nuclear weapons after a pledge by Russia in 1994 to uphold its sovereign borders. ...
Allister Heath: Why the Russian rouble crisis matters to us image
Source : Telegraph [Read Article] Wednesday 17th of December 2014 09:34:40 AM
.... . According to Allister Heath, those outside Russia should be concerned because "[Russia] remains a world power with nuclear weapons, so if they start to behave erratically that could create huge geopolitical problems". ...
Technology revolution in nuclear power could slash costs below coal image
Source : Telegraph [Read Article] Wednesday 24th of September 2014 08:23:13 PM
.... The Moltex project can feed off low-grade spent uranium, cleaning up toxic waste in the process. "There are 120 tonnes of purified plutonium from nuclear weapons in Britain. ...
Fragmentation fashion across Europe means German hegemony, if we're lucky image
Source : Telegraph [Read Article] Wednesday 10th of September 2014 08:10:30 PM
.... He warns that the residual UK would be distracted for years by messy divorce, a diminished power, grappling with constitutional wreckage, likely to face a resurgence of Ulster's demons. Scotland's refusal to allow nuclear weapons on its soil means that no US warship would be able to dock in Scottish ports, while its withdrawal from all power projection overseas would push British fighting capability below the point of critical mass. ...
Scottish independence: Babcock predicts Clyde job losses image
Source : BBC [Read Article] Sunday 3rd of August 2014 12:09:35 AM
....Speaking to BBC Scotland the Deputy First Minister, Nicola Sturgeon argued that Babcock would have a vibrant future in an independent Scotland. "Faslane will continue to have a strong future in an independent Scotland, not as a base for nuclear weapons but as a conventional naval base and as the joint Headquarters of the forces of an independent Scotland. ...
Australia isn't as close to Britain as it should be image
Source : Guardian [Read Article] Saturday 12th of July 2014 07:00:12 AM
.... And when those who saw the relationship as important were asked why, two-thirds said it was because of the "strong historical and cultural ties between our two countries". Only one in four Australians said it was because Britain was a major economic and strategic power, even though it is a top 10 economy, a nuclear weapons state and a permanent member of the UN security council. ...
North Korea's economy 'grew 1.1% in 2013' image
Source : BBC [Read Article] Friday 27th of June 2014 08:48:26 AM
....The annual Bank of Korea report is based on data collected from the National Intelligence Service and other South Korean institutions specialising in the North. The North's economy has been hit by shortages of electricity and raw materials, with sanctions imposed over its missile and nuclear weapons programmes restricting access to international credit. ...
Nation states are too small to fix global problems image
Source : Guardian [Read Article] Monday 23rd of June 2014 06:00:17 AM
.... Afghanistan, Yemen and Sudan have all been horrible warnings of what can follow from internal collapse, all with consequences far beyond their own frontiers. Ominously, Pakistan is on many experts' danger list, and it is a nuclear weapons state. ...
.... . These are the negotiations between China, Russia and the West and Iran where sights are set on persuading the new regime in Tehran to dismantle its suspected nuclear weapons programme. ...
Diary: The award for returning safety awards goes to nuclear giant AWE image
.... One hopes they are right. But doubts will persist, not least when one considers the record of AWE, the company that manages the Aldermaston and Burghfield nuclear weapons plants on behalf of the Ministry of Defence. ...
Scotland's deficit higher in first year of independence than UK's, says IFS image
....". As a result, many Scottish government pledges in its independence white paper would be unaffordable, even if it recouped the £400m it says Scotland would save from cutting defence spending, no longer funding Trident nuclear weapons, and abolishing of new tax allowances for married couples and the "shares for rights" scheme. ...
Source : Independent [Read Article] Thursday 15th of May 2014 12:59:38 PM
....He has been outspoken about foreign businesses, in 2012 calling on steel giant ArcelorMittal to be kicked out of the country as “they don’t respect France”. Officials reportedly described the beefed-up powers as a “nuclear weapon”. ...
Scottish independence: Chancellor George Osborne denies currency deal claim image
.... . "The UK wants to keep Trident nuclear weapons at Faslane and the Scottish government wants a currency union - you can see the outlines of a deal. ...

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