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Jeff Immelt's Plan To Save The Economy: More Solyndras Please - 0 views

  • They propose establishing the "Clean Energy Deployment Administration" as proposed by Senate Democrats, saying that if properly funded, it could create more than 100,000 jobs.
  • ncluding the creation of a new government "financing institution" funding by up to $8 billion from the Treasury to "boost and maintain annual energy investments" to $30 billion or $40 billion annually.
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    Jeff Immelt - Jobs Council -
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Brazil Outshines Other BRIC Economies : NPR - 0 views

  • December 21, 2011 One of the most powerful forces of change has been the dramatic economic growth in Brazil, Russia, India and China. Chairman of Goldman Sachs Asset Management Jim O'Neill coined the term BRIC, an acronym for those four countries, ten years ago when he began to zero in on their economies. O'Neill talks to Renee Montagne about his book The Growth Map.
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Jim O'Neill (economist) - Wikipedia, the free encyclopedia - 0 views

  • Jim O'Neill is presently the Chairman of Goldman Sachs Asset Management. He was previously head of global economic research and commodities and strategy research at Goldman Sachs.[1] He is best known for his prominent economic thesis regarding the economically related nations referred to as BRICs (Brazil, Russia, India and China). He coined the phrase in a 2001 paper entitled "The World Needs Better Economic BRICs." [2]. He also has coined the term MIKT that stands for Mexico, Indonesia, Korea (South) and Turkey.[3]
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TTC News Archives-Trans Texas Corridor: "Virtually unregulated foreign ownership of Ame... - 0 views

  • demands immediate congressional attention to examine any national security implications and to clarify present and future control issues before the deal receives regulatory approval.
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When Foreign Countries Want to Buy into U.S. Nuclear Power Plants - What Then... - 0 views

  • For example, U.S. national policy makers have worked to make sure sensitive military and defense technology and production remain with American companies.
  • After 9/11, concerns grew that foreign ownership of U.S. infrastructure could increase our vulnerability to terrorist attacks. One example is the heated debate triggered by the 2006 purchase of a company that ran U.S. ports by the United Arab Emirates-owned company Dubai Ports World. (Dubai Ports eventually sold its interests to a U.S. company.) More recently, globalization of the nuclear industry and the weak U.S. economy have attracted significant levels of foreign investment in the U.S. nuclear industry
  • The Atomic Energy Act prohibits the NRC from issuing a license to any entity that the Commission believes is “owned, controlled or dominated by an alien, a foreign corporation or foreign government.” Broadly speaking, the foreign ownership prohibition protects the “common defense and security” of the United States, even though this may prevent some nations from participating in U.S. nuclear joint ventures.
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  • mitigate foreign control issues
  • Len Skoblar March 1, 2011 at 6:53 am Actually, I think the time has come to end this dance. Energy is a strategic commodity…period. Our country’s very survival depends upon it. So let us dispense with the distraction (and risk) that “foreign investment” brings to the dance. The US government should subsidize indigenous energy production in all its manifestations and forms to eliminate the need for foreign investment. That would be tax dollars well spent. And NRC could then bring even more focus and resources to its primary mission….nuclear safety.
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http://americanmanufacturing.org/files/AAM%20plan_2.pdf - 0 views

  • while the U.S. economy will expand by perhaps 40% in constant dollar terms, net foreign ownership of U.S. assets – stocks, bonds and property in the hands mostly of China and other emerging Asian countries -- will expand fivefold. This is the ownership society, though with others doing the owning.
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Foreign investment in U.S. infrastructure causes security concerns | Homeland Security ... - 0 views

  • the interest of foreign companies in buying U.S. critical infrastructure assets; that interest is now growing again, and the Obama administration is grappling with how to balance the promotion of commerce with the bolstering of security
  • The issue is coming back to the fore as foreign investors once again try to buy American industrial assets. The Obama administration has thus been forced to grapple with how to protect national security while promoting economic recovery.
  • The New York Times’s Eric Lipton wrote last month that in early December, the administration had threatened to block the proposed takeover by the Chinese government of a tiny Nevada gold mining company, according to executives for the company,
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  • Foreign investments in the U.S. are critical to economic growth and job creation here at home, but we have an obligation to prioritize national security,” the deputy Treasury secretary, Neal Wolin, said in a statement released in mid-December, in response to questions about the scrutiny of proposed deals.
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Foreign Ownership of American Roads - A Mistake and a Backlash - 0 views

  • A couple of years ago Indiana Governor Mitch Daniels signed a 75-year lease for 157 miles of the Indiana Toll Road for $3.8 billion, thus supposedly funding the State’s transportation needs for ten years
  • They saw Daniels’ move as giving away the State’s birthright
  • When the leases are to foreign organizations the backlash is particularly harsh. For example, in Texas Governor Rick Perry, who has privatized some Texas highways, was presented with a two-year moratorium upon new projects by the relatively conservative State Legislature. That throws a wrench in Perry’s plans for the Trans-Texas Highway, which is supposed to be a multi-lane facility, with high-speed trains in the middle, to carry especially trucks from Mexico all the way to Kansas City. The public is angry. They see Perry as giving away Texas sovereignty.
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  • Foreign investment ought to be prohibited.
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Office of Investment Security - 0 views

  • Office of Investment Security   Page ContentCommittee on Foreign Investment in the United States (CFIUS) The Committee on Foreign Investment in the United States (CFIUS) CFIUS is an inter-agency committee authorized to review transactions that could result in control of a U.S. business by a foreign person (“covered transactions”), in order to determine the effect of such transactions on the national security of the United States.  CFIUS operates pursuant to section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment and National Security Act of 2007 (FINSA) (section 721) and as implemented by Executive Order 11858, as amended, and regulations at 31 C.F.R. Part 800.  The CFIUS process has been the subject of significant reforms over the past several years.  These include numerous improvements in internal CFIUS procedures, enactment of FINSA in July 2007, amendment of Executive Order 11858 in January 2008, revision of the CFIUS regulations in November 2008, and publication of guidance on CFIUS’s national security considerations in December 2008. Further information about each of these reforms is available via the links to the right.
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    Prior to any FERC re-license of the Yadkin. FERC policy needs to include CFIUS review in light of rapid globalization and existing known multi-national partnerships to any FERC licenseholder
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News Update: Aluminum Corp. of China Ltd. to Invest in Coal & Power Producers - YouTube - 0 views

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    Chinalco to invest in Coal and Power Producers
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Alcoa Q3 Results Out: CEO Kleinfeld Reacts - 0 views

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    given the fact that the economics are weaker than we expected just six months ago. i've said it confidence is the oxygen of the economy, and certainly the debt crisis and the whole discussion is casting a big shadow that's already made a big impact.
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Alcoa Needs a New Game Plan: - 0 views

  • Alcoa Needs a New Game Plan: Strategist Tue 11 Oct 11 | 06:40 PM ET John Licata, Chief Commodity Strategist at Blue Phoenix says Alcoa can't keep counting on past ways to succeed, and needs to start entering new product markets.
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    Alcoa Needs a New Game Plant Strategist John Licata, Chief Commodity Strategist at Blue Phoenix says Alcoa can't keep counting on past ways to succeed, and needs to start entering new product markets.
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Alcoa, CPI Announce Letter Of Intent To Develop Joint Venture Producing High End Alumin... - 0 views

  • CPI President Lu Qizhou added, “I am excited to see our partnership taking a further step. Deeper cooperation in high-end aluminum fabrication will definitely broaden the space for both companies' development and accelerate our
  • common endeavor to move forward.”
  • About CPI China Power Investment Corporation (CPI) is one of the five Gencos in China and a comprehensive energy group integrating industries of power, coal, aluminum, railway and port. It is the only enterprise in China possessing assets in hydropower, thermal power, nuclear power and new energies at the same time, and is one of the three companies in China that are authorized to develop, build and operate nuclear power plants. By the end of 2010, CPI had installed capacity of 70.72GW, of which 17.74GW was hydropower, which ranked first among the five Gencos. Clean energy accounted for 30% of the total portfolio, the highest among the five Gencos. Meanwhile, CPI had coal production capacity of 72.75 million tons and aluminum production capacity of 2.08 million tons.
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