open | close
 
 
Sections
Series
Latest News
Events
Useful
Services
Budapest-Bamako
Galleries
Budapest Times Banner

Cheap hotels?






CommentOld wine in new wineskins?

article thumbnaiNew plan a chance to fix age-old problems. Proponents of the “not everything was bad under the Socialists” theory can feel confirmed in their views: the Wednesday before last the new government with its New Széchenyi Development Plan essentially advocated a continuation of the previous government’s New Hungary Development Plan which itself was a rehash of the original Széchenyi Plan that Fidesz undertook during its last term in power from 1998 to 2002.
more

RegionFormer Yugoslavia marks anniversary of Operation Storm; Croatia unapologetic

article thumbnaiThe former Yugoslavia last week marked the 15th anniversary of Operation Storm when the Croatian army expelled Serbian forces from occupied parts of Croatia.Croatia’s Prime Minister Jadranka Kosor said it was a “victory” over the policies of former Serb leader Slobodan Milosevic in a ceremony at Zagreb central cemetery.
more

BusinessCornerstone of 2nd SMR factory laid

Budapest newsWith blessings from above and approval from below. Before placing a time capsule in the cornerstone of what will be its new factory in Mosonmagyaróvár, Indian car-mirror producer SMR Automotive Mirror Technology marked the occasion with a colourful ceremony to ensure that the project will enjoy the favour of the gods. 
more

CultureJewish cultural celebration comes of age

Budapest newsInterview with Vera Vadas, director of the Jewish Summer Festival. The Jewish Summer Festival is celebrating its own Bar Mitzvah this year, and at 13 years old stands on the threshold between childhood and adulthood. The festival offers a diverse programme of events from 26 August to 6 September. The Budapest Times spoke to the director of these “days of joy”, Vera Vadas.
more

Eating OutFrench charm at Lake Balaton

Budapest newsReview: Kredenc Borbisztró, Balatonfüred. Strolling through the elegant quarter of Balatonfüred built during the Reform period (beginning of the 19th century), visitors will come across the Kredenc wine bistro right next to the Kedves confectioner’s in Blaha Lujza utca. For anyone who has been to France it will surely bring to mind the bistros there: small tables outside that invite one to linger, while the interior has a homely atmosphere with pleasant background music.
more

HistoryCommunists stole labour movement’s moment

Budapest newsBob Dent searches for some missing history. When I first came to Budapest in the 1980s there was a memorial plaque on the façade of the Műcsarnok or Hall of Arts in Heroes’ Square. The plaque commemorated a massive workers’ demonstration of 1 September 1930. The marchers had passed through Heroes’ Square on their way to City Park. In recent years it has struck me that the plaque is no longer there.
more

Material suitable for 'dirty bomb', say Slovaks
Written by Michael Logan   
Monday, 03 December 2007

Enriched uranium seized at border

Two Hungarians and a Ukrainian have been arrested for allegedly trying to sell half a kilogram of enriched uranium that could have been used in a ‘dirty bomb’, Slovak police said last Thursday.

“This uranium is all the more dangerous because it is powdered,” CTK news agency reported Slovak deputy police chief Michal Kopcik as saying. “According to the first findings, it could have been used for a production of a dirty bomb and terrorist attacks of various kinds.”

Sellers caught, buyers not

The Slovak organised crime unit, working in conjunction with Hungarian police, arrested the three men at the eastern Pribenik-Lácacséke border crossing between Hungary and Slovakia last Wednesday. The men allegedly planned to sell 481.4 grams of uranium, which Slovak police said originated in the former Soviet Union, for USD 3,500 dollars per gram. The prospective buyers of the radioactive material were not arrested, however. The seizure was made before the transaction took place. Police have not said who the buyers were.

The International Atomic Energy Agency (IAEA) in Vienna declined to officially comment on the case, saying it was still a domestic criminal investigation and that everything around the case was purely conjecture. According to IAEA officials, there are huge amounts of low-grade radioactive material floating around in the region.

The Slovak authorities have not yet disclosed how enriched the uranium was, but the kind of money allegedly being demanded for the material has raised suspicions that it is relatively high grade. Uranium must be enriched to contain at least 85% of the U235 isotope in order to be weapons grade.

There has long been concern about smuggling from the former Soviet Union, which saw security at nuclear facilities crumble following the end of the Soviet Union in 1991. This is not the first time such material has been seized in the region. Police arrested two men in the Czech Republic in 2003 for allegedly selling three kilograms of low-enriched uranium to undercover officers for almost one million dollars.


Add as favourites (68) | Views: 2487

Comment on this article

Powered by AkoComment Tweaked Special Edition v.1.4.6
AkoComment © Copyright 2004 by Arthur Konze - www.mamboportal.com
All right reserved

 
< Prev   Next >
Eurocenter
Onlyrooms
CEU Business SchoolCEU Business School Announces Scholarships for its Global Market-Leading International Executive MBA

Budapest news The International Master’s in Management (IMM) has been among the best executive MBA-s of the world for seven years. During this period according to The Financial Times it has been no.1 regarding International Course Content and has also been among the top twenty five on the overall scale.
more

Corporate Finance / M&A CornerManaging Risk to Build Corporate Value (Part II)

Budapest news My previous column (Part I of this series) dealt with risks in the valuation of companies, stressing in particular that the higher the risk associated with a company, the lower the value of that company.  This is not static: investors’ perceptions of risks constantly evolve as they assess a company and the valuation process is consequently also evolving in tandem.  In the context of privately-owned companies, few things are more crucial than the due diligence process, when an investor reviews — in detail — all of a company’s title documents, financial records, contracts, etc.   Because of this, it is in the interests of all owners to identify and manage risks well in advance of engaging in serious discussions with investors. 
more

What lies beneathLegal, again

Escaping the Hungarian heat two weekends ago had us driving into an approaching Austrian cold front with its accompanying downbursts, thunder, lightning, dark foreboding clouds and refreshingly cool air. That cold front was a reprieve and the kind we needed on more than one front.
more

Letters to the EditorRules not meant to be broken

Dear Editor,I’m an Englishman who is resident in Budapest and works in the film industry.I fell in love with the city when we filmed Eragon about five years ago and decided to buy an apartment on the Buda side with a river frontage in District I, which has a World Heritage Site designation.
more

Czechs mourn anti-communist

Hundreds of Czechs attended the funeral of Milan Paumer, who achieved fame as a member of a group...
more

Knut’s girlfriend just unbearable

Berlin’s famous polar bear Knut was alone again last week after his girlfriend returned to her zoo...
more

MT gets A+ on sustainability

Magyar Telekom got the highest rating of A+ by the Global Reporting Initiative organisation (GRI)...
more

Weather-hit harvest can still fill plates

The grain harvest fell 20% overall with the barley harvest declining 6% after unfavourable summer...
more

Galleries
National Summit Gallery
Tennis Classics
 
About us | ePaper | Contact us | Login | Galleries | Search | SiteMap | Subscribe

© 2010 The Budapest Times - Hungary‘s leading English Language source for daily news
powered by