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China Unveils Nuclear-Powered Floating Hub For Green Shipping
China Unveils Nuclear-Powered Floating Hub For Green Shipping
China has proposed a large offshore logistics platform powered by nuclear energy that would function as both a cargo transfer hub and a refuelling/charging centre for ships, according to the South China Morning Post.
The concept, unveiled by Jiangnan Shipyard, combines port infrastructure, energy generation, and cargo handling into a single floating facility aimed at reducing emissions in maritime transport.
The project was presented at the Posidonia International Shipping Exhibition in Greece.
The SCMP writes that the platform would rely on a molten salt reactor...
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Jun 16, 2026 / Tyler Durden
China's DRAM Giant CXMT Gets Final Nod For Largest Mainland IPO Since 2022
China's DRAM Giant CXMT Gets Final Nod For Largest Mainland IPO Since 2022
Chengxin Memory Technology, China’s leading maker of DRAM (dynamic random-access memory) chips, has had its initial public offering approved by the country’s securities watchdog, clearing the way for the Chinese mainland’s biggest stock market listing since 2022.
CXMT’s registration to go public on Shanghai’s Nasdaq-style Star Market became effective on June 12. The Hefei-based company is planning to raise CNY29.5 billion (USD4.4 billion) by issuing 10.6 billion shares, which would also make it the Star Market’s second-largest IPO.
As...
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May 21, 2026 / Tyler Durden
Is The Bond Market About To Break Washington
Is The Bond Market About To Break Washington
Submitted by QTR's Fringe Finance
The bond market is beginning to force reality onto Washington, and it may ultimately force an end to the Iran war long before politicians or diplomats are willing to admit it.
For months, investors have focused on missiles, retaliation headlines, oil chokepoints, and the possibility of a broader regional escalation from the Iran War. During the geopolitical noise, I urged readers not to overlook stress in financial markets that was happening before the war even started, namely in places like...
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Apr 21, 2026 / Tyler Durden
The US Demanded That Europeans Accelerate Their Transition To 'NATO 3.0'
The US Demanded That Europeans Accelerate Their Transition To 'NATO 3.0'
Authored by Andrew Korybko,
This might be the US’ final warning before it takes drastic action to punish those who continue to reject Trump’s demands.
Under Secretary of War for Policy Elbridge Colby gave an important speech at mid-April’s Ukraine Defense Contact Group in which he urged the Europeans to step up their transition to something that he described earlier this year as “NATO 3.0”.
As was explained here, “The idea is that NATO should return to focusing on defending itself instead of overextending...
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