Goin' fission

Article Abstract:

There is concern about electric power supply in Brazil where demand is rising as a result of economic growth, but hydroelectric dams have been hit by low rainfall. Eletrobras plans a third nuclear power station, and is opening its second in early 2000. Hydroelectric dams account for over 90% of Brazilian electricity. Nuclear power can use local resources, since Brazil has uranium reserves. There is a problem with the high cost of generating electricity using nuclear power.

Energy policy, Brazil, Electric power production

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Battle of Trafalgar: Swiss Bank Corporation

Article Abstract:

Other banks are accusing the Swiss Bank Corp of possible insider trading for the way it advised a client, Trafalgar House PLC, in its attempts to launch a hostile takeover of Northern Electric PLC. Trafalgar may have made as much as $12 million by purchasing Northern Electric call options.

Commercial Banks, Commercial Banking, Management, Mergers, acquisitions and divestments, Investigations, Insider trading in securities, Insider trading (Securities), Swiss Bank Corp. (Switzerland), Northern Electric PLC, Trafalgar House PLC

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