India’s Nuclear Energy Expansion: Russia, France, and the US Eye Small Modular Reactors India's growing energy needs have led to increased global interest in its nuclear energy sector. Russian nuclear giant Rosatom has proposed offering India its expertise in developing small modular reactors (SMRs), which could be installed in coastal areas. This potential collaboration aligns with India's goal of achieving 100 gigawatts (GW) of nuclear energy by 2047. Russia's Role in India's Nuclear Ambitions Rosatom, a leading player in the global nuclear industry, has been involved in India's nuclear energy sector for years. It is currently constructing the Kudankulam Nuclear Power Project and has decades of experience in SMR technology. The company has already developed operational SMRs and previously offered India assistance in building small tropical nuclear power stations. These stations could be localized to include Indian-built components. In 2024, Rosatom signed an a...
Donald Trump’s 100% Tariff Warning to BRICS Nations Over Dollar Replacement Plans Former U.S. President Donald Trump has once again voiced strong opposition to any plans by BRICS nations to create an alternative currency that could challenge the dominance of the U.S. dollar. In a recent statement on social media, Trump threatened to impose a 100% tariff on BRICS member countries if they pursued efforts to replace the dollar in international trade. Trump’s Warning to BRICS Nations On January 30, Trump reiterated his stance, making it clear that any country attempting to introduce a new BRICS currency or back an alternative to the U.S. dollar would face severe economic consequences. "We are going to require a commitment from these seemingly hostile countries that they will neither create a new BRICS Currency nor back any other currency to replace the mighty U.S. Dollar. If they do, they will face 100% tariffs and should expect to say goodbye to selling into the wonderful U.S. ec...