So much for Biden's pledge.
Jun 15, 2023 15:13:52 #
So much for Biden's pledge.
US companies are sending $1 billion each year to Russia's state-owned nuclear agency, despite President Joe Biden pledging to cripple Russia's economy, according to a report in The New York Times.
US companies are sending $1 billion each year to Russia's state-owned nuclear agency, despite President Joe Biden pledging to cripple Russia's economy, according to a report in The New York Times.
Jun 15, 2023 15:39:13 #
travelwp wrote:
So much for Biden's pledge.
US companies are sending $1 billion each year to Russia's state-owned nuclear agency, despite President Joe Biden pledging to cripple Russia's economy, according to a report in The New York Times.
US companies are sending $1 billion each year to Russia's state-owned nuclear agency, despite President Joe Biden pledging to cripple Russia's economy, according to a report in The New York Times.
The "how come" is important
"In 1993, Washington and Moscow signed an agreement, dubbed Megatons to Megawatts, in which the United States purchased and imported much of Russia’s enormous glut of weapons-grade uranium, which it then downgraded to use in power plants. This provided the U.S. with cheap fuel and Moscow with cash, and was seen as a de-escalatory gesture.
But it also destroyed the profitability of America’s inefficient enrichment facilities, which were eventually shuttered. Then, instead of investing in upgraded centrifuges in the United States, successive administrations kept buying from Russia."
https://dnyuz.com/2023/06/14/the-u-s-is-paying-billions-to-russias-nuclear-agency-heres-why/
https://en.m.wikipedia.org/wiki/Megatons_to_Megawatts_Program
Under Bush presidency.
Jun 15, 2023 16:04:05 #
Triple G wrote:
The "how come" is important br br &quo... (show quote)
Thanks for the information.
Knowing that, I wonder why Biden would pledge to cripple Russia's economy?
Jun 15, 2023 16:12:42 #
travelwp wrote:
Thanks for the information.
Knowing that, I wonder why Biden would pledge to cripple Russia's economy?
Knowing that, I wonder why Biden would pledge to cripple Russia's economy?
His pledge has other levers as do the EU nations to sanction Russia and applying them has impacted the Russian economy. It certainly would be good to have some leverage on this as well.
https://www.weforum.org/agenda/2022/12/sanctions-russian-economy-effects/
https://www.pbs.org/newshour/world/how-sanctions-are-affecting-the-russian-economy
https://www.atlanticcouncil.org/blogs/econographics/global-sanctions-dashboard-how-sanctions-will-further-squeeze-the-russian-economy-in-2023/
Jun 15, 2023 16:15:48 #
Jun 16, 2023 08:42:21 #
World economics are much more complex than you intimate. The US is heavily reliant on Russia's cheap nuclear fuel to produce emissions-free energy. Do you actually believe this is just a Biden program?
Jun 16, 2023 16:00:39 #
travelwp wrote:
So much for Biden's pledge.
US companies are sending $1 billion each year to Russia's state-owned nuclear agency, despite President Joe Biden pledging to cripple Russia's economy, according to a report in The New York Times.
US companies are sending $1 billion each year to Russia's state-owned nuclear agency, despite President Joe Biden pledging to cripple Russia's economy, according to a report in The New York Times.
Jun 16, 2023 17:01:34 #
rstipe wrote:
World economics are much more complex than you intimate. The US is heavily reliant on Russia's cheap nuclear fuel to produce emissions-free energy. Do you actually believe this is just a Biden program?
Of course, the delusional MAGA do so even when provided with reliable context information.
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