BRICS Developments, September 23rd, 2014 - The Nuclear Rebirth
September 23, 2014 • 1:29PM

Global Nuclear Power Renaissance Accelerates: South Africa and Russia Sign Bold Nuclear Deal

The pace of contracts to build new nuclear power plants continues to accelerate around the world; the world outside of the United States and Europe, that is, with the noble exception of Finland.

Argentina to Invest $31 Billion in Nuclear Energy Over Next Decade; Tells U.S. To Get on Board

Speaking September 21st at the same 58th General Conference of the International Atomic Energy Agency (IAEA) in Vienna at which South Africa and Russia signed their nuclear deal, Argentine Planning Minister Julio De Vido announced that his government will invest $31 billion in the nuclear energy sector over the next ten years.

Medvedev: Russia To Pick Up Pace of Ties with Asia

Russia has been consolidating its presence in the Asia-Pacific region for over a decade, but those expanding ties are "not yet moving fast enough, at the pace that we, and, I hope, our Asia-Pacific partners require," Russian Prime Minister Dmitri Medvedev told the Sept. 19 plenary session of the Sochi International Investment Forum, "Russia Between Europe and Asia: A New Regional Policy in Modern Circumstances."

UNESCO: 'BRICS Investment in Education Will Change the World'

The designated head of the new "BRICS University" planned at the Fortaleza Summit, Vladimir Filipov of Russia's People's Friendship University, commented wryly in an August interview with Russkiy Mir Foundation: "IT, energy, and space technologies" courses will be in greatest demand in the BRICS university networks. "And I believe China, India, and Brazil will contribute to greater interest in natural sciences—biology, molecular biology, chemistry.... The disciplines popular in the CIS (Commonwealth of Independent States), such as economics and law, will hardly be popular in the education network of the BRICS nations."

China Is Asking Australia To Join the AIIB; Obama Saying No

China is urging Australia to join it in launching the Asian Infrastructure Investment Bank (AIIB) at the end of this year, and Australia is working through issues preparatory to joining, according to a report in the Australian Financial Review Sept. 22.