World

Salvini sets 2032 deadline for Italy to revive nuclear power industry

Oct 12, 2023

Rome [Italy], October 12: Italy's right-wing government is making new efforts to revive its nuclear power industry as Infrastructure Minister Matteo Salvini in Rome on Wednesday named 2032 as the deadline for a new nuclear power plant to come back on stream for the first time.
The leader of the junior coalition partner, the far-right Lega party, also suggested a location: his home city of Milan.
Italy, a country of 59 million people, abandoned nuclear energy after the 1986 Chernobyl reactor disaster. The last nuclear power plants went off the grid after a referendum in 1990.
As a result of the full-scale Russian invasion of Ukraine last year, a debate on energy supply has been raging in Italy. Like Germany, Italy is trying to reduce its dependence on supplies from abroad.
The larger governing party, the far-right Brothers of Italy of Prime Minister GiorgiaMeloni, is also pushing for new nuclear power plants. Building new nuclear power plants in Europe is considered very costly and takes many years. (DPA)
Source: Qatar Tribune

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A Major Breakthrough in the Diamond Industry: Rajnish Retail Bags Rs1,500 Crore Order, Share Prices Predicted to Surge by 2,000%

New Delhi [India], January 17: Rajnish Retail Limited, a prestigious diamond and jewelry company based in Mumbai, has achieved a historic technical milestone. According to sources, this leading Indian company has secured a massive Rs1,500 crore order from two of the world's largest diamond companies, De Beers and Signet Jewelers. This deal is considered a significant achievement for the Indian company, likely to boost its market value and business substantially. Market analysts predict that the company's share price could witness a tremendous surge following this deal. They believe the share price could grow by approximately 2,000% in the next 10-12 months. Currently priced around Rs14, the share is expected to surpass Rs220 by next year.

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