A year and a half into Alaska’s recession, in which thousands of jobs have been lost statewide, Alaskans are looking for salvation. Some see it in a sound fiscal plan, with the definition of “sound” being up for debate, others in a natural gas pipeline that will cost the state billions of dollars. And some are content to simply wait for the price of oil to bounce back, as it’s always done before.
The Finnish Radiation and Nuclear Safety Authority STUK will not deliver a safety assessment and related building permit for the Fennovoima nuclear project slated for Pyhäjoki in northwest Finland this year. According to the daily Kaleva, the nuclear watchdog has said that the evaluation and permit will be delayed by one year to the end of 2018.
More than 80 million tons of goods will by year 2020 flow through the port of Murmansk, Russian Prime Minister Dmitry Medvedev declares. However, his cash-strapped treasury threatens to put the project in stalemate.