Toshiba Expects Nearly $1 Billion Hit to Get Out of U.K. Nuclear, U.S. Gas Businesses

TOKYO— Toshiba Corp. TOSYY 2.27% said Thursday it would liquidate its U.K. nuclear business and sell its U.S. natural-gas business, taking a combined loss of nearly $1 billion. The moves are intended to clear away legacy problems after Toshiba went through waves of restructuring in the past three years that included the bankruptcy of its…

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Will US exit from nuclear deal increase risk of war?

The Intermediate-Range Nuclear Forces (INF) treaty was signed in 1987 by US President Ronald Regan and Soviet leader Mikhail Gorbachev, helping bring an end to the Cold War. The Cuban missile crisis in 1962 brought the United States and Soviet Union to the brink of nuclear war, but Europe became the key nuclear theatre, with…

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Europe at heart of US, Russian battle over nuclear treaty

The Intermediate-Range Nuclear Forces (INF) Treaty was crafted in 1987 by then US President Ronald Reagan and Soviet Leader Mikhail Gorbachev, with both nations agreeing to eliminate all of their ground-launched nuclear and conventional missiles with ranges between 500km and 5,500km (310 miles to 3,420 miles). But both sides have accused the other of violating the…

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Russian Officials Slam Trump’s Plans to Exit INF Nuclear Treaty

National security adviser John Bolton, a longtime critic of a landmark nuclear treaty with Russia, is expected to meet with President Vladimir Putin and other top officials in Moscow on Monday, according to U.S. and Russian officials, as tensions rise over what Washington calls the country’s violations of the pact. President Trump said after a…

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5 things to know about threatened US-Russia nuclear weapons deal

US President Donald Trump has said Washington will withdraw from a 31-year-old nuclear weapons agreement with Moscow, accusing Russia of violating the treaty and demanding the inclusion of China. Here are five things to know about the Intermediate-Range Nuclear Forces Treaty (also known as the INF treaty: 1. How did the agreement come about? The INF…

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Trump says US will withdraw from nuclear deal with Russia

The United States is going to unilaterally withdraw from a decades-old treaty with Russia that bans a wide array of nuclear weapons, US President Donald Trump has said. The Intermediate-Range Nuclear Forces Treaty was signed in 1987 by then-US President Ronald Reagan and Soviet General-Secretary Mikhail Gorbachev in Washington. It banned nuclear and conventional missiles with…

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Growing Opposition Threatens Completion of Last U.S. Nuclear Plant

The sole remaining nuclear power plant under construction in the U.S. is facing mounting opposition from cities and lawmakers concerned about its rising costs. A decision on the expansion of Georgia’s Alvin W. Vogtle Electric Generating Plant is expected by Monday, when its three primary owners are set to vote on whether to continue going…

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Inside Israel’s Raid to Seize Nuclear Documents in Iran

TEL AVIV—Israeli agents covertly extracted documents detailing Iran’s nuclear program in a dramatic 6½-hour operation in Tehran in January, removing a trove of materials that included partial designs for a nuclear warhead, senior Israeli intelligence officials said. The Israeli team secretly reached the warehouse holding the materials and broke in during a tight time window…

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On third anniversary, survival of Iran nuclear deal in question

Exactly three years after Tehran signed the Joint Comprehensive Plan of Action (JCPOA) – also known as the Iran nuclear deal – with China, France, Germany, Russia, UK, the US and the European Union, the survival of the hard-fought pact is in question following Washington’s withdrawal in May. Under the deal agreement signed in Austria’s capital, Vienna…

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What’s the legacy of the 1968 treaty to ban nuclear arms?

“Good faith” is hardly a legally binding term, but world powers wove it into a landmark nuclear deal they signed 50 years ago. The Nuclear Non-Proliferation Treaty was designed to stop the spread of nuclear weapons and, in time, eliminate them completely. But it did not outline the concrete steps needed to destroy existing stockpiles.…

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