Britain's Nuclear Renaissance Faces Mounting Cost Pressures Authored by Felicity Bradstock via OilPrice.com, Sizewell C and Hinkley Point C are expected to play a major role in expanding Britain’s nuclear generation capacity and reducing dependence on fossil fuels. Both projects have faced concerns over delays and rising costs, with Hinkley Point C’s estimated price nearly doubling from its origin...
Britain's Nuclear Renaissance Faces Mounting Cost Pressures Authored by Felicity Bradstock via OilPrice.com, Sizewell C and Hinkley Point C are expected to play a major role in expanding Britain’s nuclear generation capacity and reducing dependence on fossil fuels. Both projects have faced concerns over delays and rising costs, with Hinkley Point C’s estimated price nearly doubling from its original forecast. The U.K. aims to increase nuclear capacity to 24 GW by 2050, supported by large-scale reactors and emerging small modular reactor technologies. The United Kingdom is focused on diversifying its energy mix away from fossil fuels to boost energy security and support decarbonisation aims. This includes expanding its nuclear power capacity with the development of two large-scale nuclear plants - Sizewell C and Hinkley Point C, as well as developing small modular reactors (SMR). However, its nuclear ambitions have not quite gone to plan, following years of delays and rising construction costs. Sizewell C in Suffolk, eastern England, received its planning approval in 2022, was greenlit in 2025, and is expected to be operational by around the late 2030s. Investment for the development comes from the government, EDF Energy, Centrica, La Caisse, and Amber Infrastructure Limited. The project is expected to create 17,000 jobs during peak construction, including 7,900 in Suffolk. Once operational, the nuclear plant will produce up to 3.2 GW of clean electricity to power up to 6 million homes. The government expects the plant to cost around £38 billion to develop and says it could provide around £2 billion a year in savings from the electricity system , compared to using other low-carbon technologies. However, Sir Geoffrey Clifton-Brown, the chair of the public accounts committee, which oversees the work of the National Audit Office (NAO), warned that “Sizewell C is a project of exceptional scale, complexity and significance for taxpayers… Experience from comparable nuclear...
Pawel Gaul/iStock via Getty Images The U.S. Trade Representative's office has proposed 25% tariffs on Brazilian goods under Section 301, citing practices it says unfairly burden or restrict U.S. commerce. Some of these practices also include anti-corruption enforcement, intellectual property protection, ethanol market access, and illegal deforestation, according to the release from the U.S. Trade ...
Pawel Gaul/iStock via Getty Images The U.S. Trade Representative's office has proposed 25% tariffs on Brazilian goods under Section 301, citing practices it says unfairly burden or restrict U.S. commerce. Some of these practices also include anti-corruption enforcement, intellectual property protection, ethanol market access, and illegal deforestation, according to the release from the U.S. Trade Representative. U.S Trade Representative Jamieson Greer said that the investigation under Section 301 was launched at the direction of U.S. President Donald Trump. While Trump has had “several constructive meetings” with Brazilian counterpart Luiz Inácio Lula da Silva, the two sides continue to have substantial differences in resolving the issues identified in this investigation, Greer said. The USTR will hold a hearing about the proposed action on July 6. Section 301 is designed to address unfair foreign practices affecting U.S. commerce, and allows the U.S. president to impose tariffs if an investigation finds that the acts are unreasonable or discriminatory. Separately, the White House announced an adjustment to tariffs on certain steel, aluminum, and copper imports . Levies on agricultural equipment, like combines and harvesters, will be dropped to 15% from 25%, and the scope of equipment qualifying for the 15% tariff will also be expanded. Here are some agriculture- and agribusiness-focused exchange-traded funds: ( DBA ), ( FAAR ), ( WEAT ), ( SOYB ), ( CORN ), ( TAGS ), ( TILL ), ( MOO ), ( VEGI ), ( KROP ), and ( FTAG ). More on iShares MSCI Brazil ETF EWZ: A Compelling Opportunity For Brazilian Equities At A Discount Eyes On Brazilian Assets - Compelling 2026 Opportunity Transmission Channels Of The War On Iran To The Brazilian Economy Emerging markets rally despite Middle East war, energy fears BlackRock's iShares just had its best Q1 ever: Here are the 10 top-rated funds in the lineup
Overseas investors’ cumulative net equity investments in India have slid to a near-decade low after relentless selling, highlighting the fading attractiveness of the nation’s $4.9 trillion stock market. The aggregate net investments by foreign portfolio investors in local shares stood at 7.3 trillion rupees as of June 1, the lowest level since 2016, according to data from National Securities Depos...
Overseas investors’ cumulative net equity investments in India have slid to a near-decade low after relentless selling, highlighting the fading attractiveness of the nation’s $4.9 trillion stock market. The aggregate net investments by foreign portfolio investors in local shares stood at 7.3 trillion rupees as of June 1, the lowest level since 2016, according to data from National Securities Depository Ltd. The figures sums investments or withdrawals for each year since 1993 into Indian equities. Indian equities, once touted as an emerging-market darling, are losing their relative appeal as the oil shock from the US-Iran war dims the outlook for the world’s fastest-growing major economy and global capital shifts toward economies directly tied to the AI infrastructure buildout. The country’s stock market has fallen out of the world’s top five by value for the first time in three years, trailing Asia’s tech hubs of Taiwan and South Korea . AI could replace as much as 15% of highly paid knowledge workers in the US over the next several years, a trend that may have significant implications for India’s economy, Carson Block , founder of investment research firm Muddy Waters Capital LLC, said last week. “We expect FPI flows to stay muted, given India’s low attractiveness versus other EM markets,” Kotak Institutional Equities strategists including Sanjeev Prasad wrote in a recent note. India’s near-term earnings growth is expected to be slower than commodity- and tech-oriented EM peers, while the country has little exposure to the AI and semiconductor cycle that may continue for another one-to-three years, they said. READ: BofA Sees Foreign Exodus from Indian Stocks Extending Into 2027 Global funds’ ownership in listed companies has shrunk to 15% from almost 20% a decade ago, Venkatesh Balasubramaniam , a strategist with JM Financial Institutional Securities, wrote in a note. Domestic mutual funds, buoyed by steady flows from retail investors, now control nearly 20% of the...
(RTTNews) - Alphabet Inc. (GOOG) unveiled plans to raise up to $80 billion in equity capital to finance the expansion of its AI infrastructure and computing capacity.
(RTTNews) - Alphabet Inc. (GOOG) unveiled plans to raise up to $80 billion in equity capital to finance the expansion of its AI infrastructure and computing capacity.
Hong Kong will relaunch direct flights with Almaty in Kazakhstan in the first quarter of next year, the city’s leader has announced in a breakthrough which businesses have said will be essential for easing travel and strengthening ties with Central Asia. Chief Executive John Lee Ka-chiu, who is leading a high-powered delegation to the region, also said on Tuesday that the city would start delibera...
Hong Kong will relaunch direct flights with Almaty in Kazakhstan in the first quarter of next year, the city’s leader has announced in a breakthrough which businesses have said will be essential for easing travel and strengthening ties with Central Asia. Chief Executive John Lee Ka-chiu, who is leading a high-powered delegation to the region, also said on Tuesday that the city would start deliberations with Kazakhstani authorities to reach a Comprehensive Avoidance of Double Taxation Agreement...