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German officials said to have manipulated documents for nuclear phase out
Sponsored by ATHA Energy
German officials said to have manipulated documents for nuclear phase out
A bombshell report in Germany released this morning by Cicero, a German media outlet, has uncovered that government officials manipulated documents to enable Germany’s phase out of nuclear power plants.
Top officials of Germany’s Green party, as per Cicero, manipulated expert reports to enable the shutdown to occur. Top officials from both the economics and environment ministries are said to have falsified the reports, leading to information being withheld from Economics Minister Robert Habeck.
You can read more on the matter here.
ATHA Energy is focused on developing Canada’s uranium assets in pursuit of a clean energy future. ATHA holds the largest cumulative exploration package in the Athabasca Basin, the world's most prominent basin for uranium discoveries, a 10% carried interest portfolio of claims operated by NexGen Energy and IsoEnergy Ltd. The company as a whole holds 8.1 million acres of claims across three major uranium jurisdictions in Canada.
What’s going on?
Rental Relief in Toronto as Rates Decline for Third Consecutive Month (theDeepDive)
U.S. growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates (BNN)
Milei Claims First Argentinian Budget Surplus Since 2008 as Validation of Austerity Policies (theDeepDive)
Turkey Pauses Rate Hikes Ahead of Inflation Peak Near 70% (Bloomberg)
Russia vetos space nuke ban at United Nations (FOX)
Hydrogen Highway: Air Products Plans Edmonton-Calgary Refueling Stations (theDeepDive)
Honda to build $11 billion electric vehicle hub in Canada (CNBC)
Freeland Says Canada And Allies To Challenge China And Indonesia’s Nickel Hegemony (theDeepDive)
U.S. Supreme Court hears landmark presidential immunity case launched by Trump (CBC)
Why Are Nations Suddenly Interested In This Chilean Port? (theDeepDive)
What’s the latest?
Honda Investment: Honda is planning a $15-billion investment in Ontario, which includes constructing four new manufacturing facilities, establishing a comprehensive EV supply chain in Canada. This includes an EV assembly plant and a battery plant at Honda’s Alliston facility, which are projected to be fully operational by 2028. The assembly plant is expected to produce up to 240,000 vehicles annually and will create over 1,000 manufacturing jobs
US Growth: The U.S. economy expanded at a 1.6% annual rate in the first quarter of 2024, marking a sharp deceleration from the 3.4% growth in the previous quarter. This slowdown was influenced by a significant increase in imports and reductions in business inventories.
Rogers Asset Sales: Rogers Communications is planning to raise $1 billion through asset sales, primarily from its data centers and real estate, as it seeks to pay off debt from its Shaw Communications merger. CFO Glenn Brandt confirmed the sale of enterprise data centers during the company's first-quarter earnings call, noting that this would not affect wireless services.
Red Lobster: Red Lobster is currently seeking a buyer to avoid bankruptcy, as it deals with significant financial challenges. The company is exploring different strategies, including a potential sale or Chapter 11 bankruptcy, to manage its debt and exit costly leases.
Weinstein Conviction: The overturning of Harvey Weinstein's 2020 rape conviction by the New York Court of Appeals has prompted a call for a new trial. The court's decision was based on finding that the trial judge had allowed prejudicial testimony regarding uncharged sexual acts and other misconduct by Weinstein, which did not directly pertain to the crimes for which he was being tried.
Major copper discovery with Terry Lynch
The stock market and stuff
Russian Court Orders Seizure of JP Morgan’s Assets (theDeepDive)
Production Surge Puts BHP on Track to Become World’s Top Copper Miner (theDeepDive)
Meta sparks tech selloff as AI splurge spooks Wall Street (Reuters)
Dorsey’s Block Finishes Design of 3nm Bitcoin Mining Chip, Eyes Full Systems (theDeepDive)
In the juniors
DiagnaMed Sees Brain Age AI Platform Validated In Peer-Reviewed Paper (theDeepDive)
Cosa Resources Announces Completion of Inaugural Diamond Drilling Program at 100% Owned Ursa Uranium Project (JMN)
Snowline Gold Pays $6.6 Million In Cash And Shares To Consolidate Einarson Ownership (theDeepDive)
FULL DISCLOSURE: ATHA Energy is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of ATHA Energy. The author has been compensated to cover ATHA Energy on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.