US to Fund New Nuclear Reactors Amid Energy Demand
U.S. Energy Secretary Jennifer Granholm announced that the first new planned nuclear reactors in the country are expected to receive government loans, a significant development for the nuclear energy sector. This initiative aligns with the Department of Energy's focus on enhancing energy security and supporting the deployment of reliable power sources amid rising electricity demand. The announcement comes as nuclear startups, including X-energy, seek to capitalize on renewed interest in fission power, with X-energy targeting an IPO that could raise approximately $814 million.
Democratic Senators Block Major Military Sale to Israel
Forty out of 47 Democratic senators voted to block the sale of $295 million in bulldozers and $151.8 million in bombs to Israel, reflecting a significant shift in the party's stance on military support for the country amid growing public discontent over the ongoing conflict in the Middle East. Senator Bernie Sanders, who led the resolutions, noted that this marks a notable change from previous votes, where only 15 senators supported similar measures last year. The resolutions faced unanimous opposition from Republicans, highlighting a deepening division within the party regarding its relationship with Israel.