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CAMBRIDGE
Ontario--(BUSINESS WIRE)--April 17
1998
Babcock & Wilcox Canada has been chosen to deliver four nu-
clear steam generators to the American Electric Power Compa-
ny's D.C. Cook Unit 1 Nuclear Power Plant in Bridgman
Michi-
gan. The components are scheduled to be delivered to the plant
by mid December 1999.


KAWANA
Japan
April 19
1998 (Reuters)
Japan and Russia agreed in the world's first greenhouse gas
emissions swap since last year's landmark UN pact on global
warming.
According to an agreement between President Yeltsin and
Prime Minister Hashimoto in their summit Japanese firms would
go into 20 Russian power plants and factories to minimize
their greenhouse gas emissions.


TORONTO
April 17
1998 (Reuters)
Cameco Corp. said it had bought two of its rivals in a $483
million deal that will give it a wider panorama of uranium
projects
stretching from Canada to Kazakhstan.
The purchase of Uranerz Exploration and Mining Ltd. of
Saskatoon
Saskatchewan and Denver-based Uranerz U.S.A. Inc.
from their German parent company
Uranerzbergbau GmbH
will
sharply increase the company's dominance in the uranium indus-
try.


PHILADELPHIA
April 17
1998 (Reuters)
PECO Energy Co declared an alert following a gas leak at its
1
055 MW Limerick 1 nuclear power plant in Pottstown
Pa.
the
company said.


NEW YORK
April 20
1998 (Reuters)
At the Darlington nuclear power station in Ontario the 935 MW
unit 4 was shut Saturday for maintenance. The three other 935
MW units were operating normally. Furthermore
the 540 MW
Pickering nuclear unit 8 and 915 MW Bruce unit 8 were shut for
maintenance last Thursday and Friday
respectively.


DALLAS
April 20
1998 (AP)
The New York Democrat Sen. Daniel Patrick Moynihan warned that
expansion of NATO could threaten U.S.-Russian relations and
pose the greatest risk of nuclear war since the beginning of
the atomic age. Moynihan cautioned that U.S.-Russian relations
could disintegrate if the expansion goes forward.


WASHINGTON
April 21
1998 (Reuters)
According to a study by Brookings Institution the Defense
Department is underestimating the cost of the U.S. nuclear
arsenal by nearly two-thirds
or tens of billions of dollars a
year. The researchers found that the US would spend an estima-
ted $35.1 billion on nuclear weapons and weapons-related
programs in fiscal 1998
which ends Sept. 30. By contrast
the
Defense Department's estimate was $13 billion.
Although overall U.S. nuclear weapons costs have dropped
about 40 percent since the end of the Cold War
they still
represent 14 percent of all appropriated funds for national
defense
the study said.


NEW YORK
April 21
1998 (Reuters) - The US and Britain have
started a classified operation to remove nuclear material from
the Caucasus nation of Georgia
The New York Times reported on
Tuesday.
Citing unnamed Western officials
the Times said
the supply
of highly enriched uranium and spent nuclear fuel is stored at
a research reactor outside the Georgian capital of Tbilisi.
The operation
which is code-named Auburn Endeavor
shows
that the US is now prepared to operate in former Soviet repu-
blics such as Georgia.


WASHINGTON
April 21
1998 (UPI)
A new site on the World Wide Web has been set up by the Defen-
se Department for people who want to monitor the progress of a
program that eliminates mass destruction weapons in the former
Soviet Union.
Money and technical assistance has been provided by the US
since 1991 to help officials in four former Soviet republics
to eliminate their stockpiles of nuclear
biological and
chemical weapons.
The web site is located at http://www.ctr.osd.mil and will
be updated regularly.

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