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GLD 386.01+1.6%Nov 12 4:00 PM EST

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To: TobagoJack who wrote (34753)5/14/2008 2:13:42 PM
From: elmatador  Read Replies (1) of 217733
 
Brazil Official:US May Not Accept 200-Mile Sea Border -Report

After we discover the oil here comes the US trying to muscle itself in

Message 24588409

Interestingly: Angela Merkel in Brazil:

the first-ever transfer of technology for a complete nuclear fuel cycle, including enrichment and reprocessing.

Germany eyes reviving 1975 nuclear cooperation deal with Brazil: official Berlin, May 9, IRNA
Germany-Brazil-Energy
Germany hopes to rejuvenate a 1975 nuclear cooperation agreement with Brazil during the upcoming Latin American tour of Chancellor Angela Merkel, a German government source told IRNA in Berlin on Thursday.

There is a readiness for a "positive and constructive review" to continue the implementation of the 1975 accord, the high-ranking official said on condition of anonymity.

While the issue won't be a part of a separate agenda of the chancellor's energy talks in Brazil, a continuation of nuclear technology cooperation will be discussed, German government circles were quoted saying.

The Brazilian-German atomic cooperation deal has been in a state of limbo after the former center-leftist German government under then- chancellor Gerhard Schroeder was even considering to cancel the accord following Berlin's decision for a gradual countrywide nuclear phase-out by 2021.

The German-Brazilian agreement, signed on June 27, 1975, called reportedly for building eight nuclear reactors by 1990 in addition to the construction of a commercial-scale uranium enrichment facility, a pilot-scale plutonium reprocessing plant, and a so-called Becker "jet nozzle" enrichment technology.

An affiliate of German energy giant Siemens, Kraftwerk Union, was hired to construct the planned Brazilian power plants.

The projected cost of the program at that time was reportedly 4 billion US dollars, to be paid over a fifteen-year period.

The most important element of the accord was that it called for the first-ever transfer of technology for a complete nuclear fuel cycle, including enrichment and reprocessing.
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