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Some U.S. intelligence officials believe North Korea has resumed a serious effort to build nuclear weapons. Evidence from multiple sources has persuaded them that leader KIM JONG IL is pushing the construction of a new reactor--underground to confound U.S. spy satellites--and trying to design usable atom bombs, possibly including missile warheads. Other analysts disagree; some Clinton Administration officials think hard-liners are leaking these reports to choke off congressional support for oil shipments to North Korea, which the U.S. pledged to fund in 1994 as part of a deal that shut down Pyongyang's known nuclear program. Even...

Author: /time Magazine | Title: More Nukes | 8/10/1998 | See Source »

...More persuasive than Kuchma's warning of impending social explosion, however, will be Gore's visit to the decaying sarcophagus around the damaged Chernobyl nuclear reactor. "Kuchma will show that Chernobyl threatens all of Europe and the world," says Zarakhovich. "And then he'll say, 'Sorry, there's nothing Ukraine can do about it without money...

Author: /time Magazine | Title: Ukraine in 'Alms' Talks With Gore | 7/22/1998 | See Source »

STATUS Discovered in 1991 to be building a reactor able to produce weapons-grade material. Placed reactor under International Atomic Energy Agency safeguards and now party...

Author: /time Magazine | Title: Tracking India's Nuclear Weapons | 5/25/1998 | See Source »

...next-generation finance. "What they have found lucrative is designing derivatives. But if you're using derivatives and you don't understand the technology or you don't know what you're doing, there is a real danger here. It's like letting a child play with a nuclear reactor...

Author: /time Magazine | Title: The Big Bank Theory | 4/27/1998 | See Source »

...dead of the night, the hulks of four 372-ft. cooling towers and two high-domed nuclear reactor container buildings were scarcely discernible above the gentle waters of the Susquehanna River. Inside the brightly lit control room of Metropolitan Edison's Unit 2, technicians on the lobster shift one night last week faced a tranquil, even boring watch. Suddenly, at 4 a.m., alarm lights blinked red on their instrument panels. A siren whooped a warning. In the understated jargon of the nuclear power industry, an "event" had occurred. In plain English, it was the beginning of the worst accident...

Author: /time Magazine | Title: 1973-1980 Limits | 3/9/1998 | See Source »

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