Posted inAT Finance, Japan, Middle East, Northeast Asia, Philippines, Russia, South Asia, South Korea, Turkey, Vietnam, World

Japan’s nuclear export meltdown

In late April, one of the leading investors in a project to build a joint Japanese-Turkish nuclear power plant at Sinop, on the Black Sea coast, pulled out of the deal. The investor, Japanese trading firm Itochu, cited huge cost overruns. That is an understatement, given that the cost of the project has ballooned to […]

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