Word: nuclearization
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Dates: during 1980-1989
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WASHINGTON--Soviet Foreign Minister Eduard A. Shevardnadze will come here at the end of the week to discuss prospects for a superpower summit meeting and an agreement to ban intermediate-range nuclear missiles, a U.S. official said yesterday...
...utility has a 30-day grace period, which ends in mid-November, to correct its default. If it fails to do so, creditors could push Public Service into bankruptcy and reorganization. The company would then become the first U.S. utility to succumb financially to the nuclear-plant cost overruns and environmental battles that have plagued dozens of plants across the country. Even the $2.25 billion default of the Washington Public Power Supply System in 1983 failed to knock out any utilities, largely because WPPSS was a consortium in which the financial burden was shared by 16 companies. But the weight...
...operate by 1979, but Seabrook's cost has reached $5.5 billion, and the opening has been repeatedly postponed because of construction delays and environmental protests. Seabrook came within a few months of being started up last year, when it suffered another setback: Chernobyl. The meltdown at the Soviet nuclear plant in April 1986 prompted Democratic Governor Michael Dukakis of Massachusetts to block the opening by refusing to participate in an evacuation plan for the area within a ten-mile radius of the plant. Last week, however, the Nuclear Regulatory Commission's staff recommended a controversial change in federal rules that...
...York City Investor Martin Whitman is proposing to spin off Public Service's share in Seabrook into a separate company, thus leaving the utility less encumbered by debt. Losing Seabrook, however, is anathema to the utility, which still hopes to reap the hefty return that an operating nuclear plant can deliver. Public Service's Harrison proposes to restructure the debt, slash the utility's costs and raise electric rates by 15%. Rather than adopt the dissident plan as it stands now, Harrison claims, he would accept bankruptcy. Under court protection, he says, the utility might be able to carry...
What sort of day was May 15? In Moscow it began with an overcast sky that brightened briefly before being darkened by thunderclouds. In the Arctic Ocean, the nuclear-powered icebreaker Sibir was cruising toward the scientific station North Pole 27. In Central Asia scientists secretly tested the 170 million-h.p. Energia booster rocket, the world's most powerful. Through the day, photographers scoured areas once strictly off limits. Some places remained out-of-bounds: military academies were accessible; most military installations were...