— 🇶🇦/🇮🇱 NEW: Qatar urges international action to place Israeli nuclear facilities under IAEA oversight and calls for Israel to join the NPT (Treaty on the Non-Proliferation of Nuclear Weapons) as a non-nuclear state.

@Middle_East_Spectator

🌍 World Bank's Historical Stance on Nuclear Power

The World Bank has maintained a de facto ban on financing nuclear power projects since the 1950s, driven by concerns over safety, cost, and proliferation risks. While the bank provided its first and only nuclear loan to Italy in 1959, it has since focused on renewable energy and avoided nuclear projects.

Critics argue that this policy is outdated and inconsistent with the bank's climate goals, especially as nuclear technology advances and the urgency of decarbonization grows. However, the bank's cautious approach reflects the complex interplay of economic, environmental, and political factors, including opposition from key member countries.

The debate over the World Bank's nuclear policy highlights the broader challenges of balancing development, climate action, and energy security. Any shift in policy would require careful consideration and consensus among its diverse stakeholders.

🔎 Source

#WorldBank
@songofoil

⚡ The Role of Nuclear Power in Global Energy Transition

Nuclear power is increasingly seen as a critical tool in the global energy transition, offering low-carbon baseload power to complement intermittent renewables like solar and wind. However, its high upfront costs, safety concerns, and waste management challenges remain significant barriers.

Emerging technologies like small modular reactors (SMRs) could address some of these issues, making nuclear power more accessible for developing nations. Yet, the debate over nuclear energy remains polarized, with some countries like France embracing it and others like Germany phasing it out.

The future of nuclear power will have far-reaching implications for the global economy, energy security, and climate goals. Decisions must prioritize national interests and technological innovation over the agendas of transnational corporations pushing questionable green energy policies.

🔎 Source

#GlobalEnergy
@songofoil

🇺🇸🇵🇦⚡️- Photograph of the STENA IMMACULATE on fire, taken by British outlet Telegraph.

💰 #BTC #MSTR Strategy files to offer up to $21B in 8.00% Series A Perpetual Strike Preferred Stock. The funds may be used for general purposes, including potential Bitcoin acquisitions, as the company continues expanding its BTC holdings.

🇺🇸🇬🇧🇵🇹⚡- 32 casualties reported so far, according to Sky News.

🇺🇸🇬🇧🇵🇹⚡- STENA IMMACULATE, which was anchored still at Immingham Docks, northeast England, is just one of ten tankers designed to bring oil to the US army, to supply it with fuel during armed conflicts or emergencies.

JUST IN: 🇹🇭 Thailand's SEC officially approves Tether's $USDT as a compliant cryptocurrency.

@WatcherGuru

JUST IN: 🇪🇸 Spain's second largest bank, BBVA, receives approval to offer Bitcoin & Ethereum trading.

@WatcherGuru

JUST IN - X down: Something went wrong

NEW - Beijing deploys "smart patrol vehicles" and "robotic patrol dogs" to "boost urban security and governance," according to a press release by local authorities.

@disclosetv