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Cuba’s Unfinished Nuclear Power Station

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Re: Cuba’s Unfinished Nuclear Power Station

#2
Bataan Nuclear Power Plant in the Philippines was completed in 1984 but never turned on, but fingers crossed it still might get a chance -

https://en.wikipedia.org/wiki/Bataan_Nuclear_Power_Plant

Clean-energy push puts abandoned Philippine nuclear plant back in spotlight - https://www.bworldonline.com/bataan-nuclear-power-plant-the-...

"The latest offer to rehabilitate the BNPP stands at $1.19 billion, put forward in 2017 by South Korea. In January 2023, the U.S. also revealed that it is in talks to assist the Philippines in its transition to nuclear energy."

Re: Cuba’s Unfinished Nuclear Power Station

#3
Similar thing happened in Argentina: started to construct a nuclear power plant, stopped construction for 10 years. But it was eventually finished: https://en.wikipedia.org/wiki/Atucha_Nuclear_Power_Plant#Atu...

PS: Isn't it illegal for Americans to bribe people abroad? Why is this guy openly admitting to it?

Re: Cuba’s Unfinished Nuclear Power Station

#5

Similar thing happened in Argentina: started to construct a nuclear power plant, stopped construction for 10 years. But it was eventually finished: https://en.wikipedia.org/wiki/Atucha_Nuclear_Power_Plant#Atu... PS: Isn't it illegal for Americans to bribe people abroad? Why is this guy openly admitting to it?

I wonder if it’s only illegal for corporations to pay bribes but not individuals

Re: Cuba’s Unfinished Nuclear Power Station

#6
> > Minimum wage in Cuba runs at around $8 a month. Of course, the socialist nature of the country means that this isn’t quite as bad as it sounds – with free healthcare and education, along with state housing, and food rations [...]

What an awful propaganda piece.

Re: Cuba’s Unfinished Nuclear Power Station

#7

Similar thing happened in Argentina: started to construct a nuclear power plant, stopped construction for 10 years. But it was eventually finished: https://en.wikipedia.org/wiki/Atucha_Nuclear_Power_Plant#Atu... PS: Isn't it illegal for Americans to bribe people abroad? Why is this guy openly admitting to it?

I paid a bribe to get my cat out of quarantine in Nigeria when I lived in Lagos years ago. Nobody's coming after me for that.

The Foreign Corrupt Practices Act makes bribery a crime for business-related reasons.

>Specifically, the anti-bribery provisions of the FCPA prohibit the willful use of the mails or any means of instrumentality of interstate commerce corruptly in furtherance of any offer, payment, promise to pay, or authorization of the payment of money or anything of value to any person, while knowing that all or a portion of such money or thing of value will be offered, given or promised, directly or indirectly, to a foreign official to influence the foreign official in his or her official capacity, induce the foreign official to do or omit to do an act in violation of his or her lawful duty, or to secure any improper advantage in order to assist in obtaining or retaining business for or with, or directing business to, any person.

That's one sentence. Good job DoJ!

https://www.justice.gov/criminal-fraud/foreign-corrupt-pract...

Re: Cuba’s Unfinished Nuclear Power Station

#8

Similar thing happened in Argentina: started to construct a nuclear power plant, stopped construction for 10 years. But it was eventually finished: https://en.wikipedia.org/wiki/Atucha_Nuclear_Power_Plant#Atu... PS: Isn't it illegal for Americans to bribe people abroad? Why is this guy openly admitting to it?

> Criminal violations of the FCPA (Foreign Corrupt Practices Act) anti-bribery provisions must be enforced within five years of the last act required to complete the crime or violation. Criminal violations of the books and records and internal controls provisions have a six-year statute of limitations.

https://complianceconcourse.willkie.com/resources/anti-bribe...

Re: Cuba’s Unfinished Nuclear Power Station

#9
Cuba's unfinished power plant is the least of their problems. At this point, Cuba's problems are so big that they seem insurmountable.

To see what I mean, imagine that tomorrow the Communist Party is dissolved, a new democratic constitution is installed, and following that, the country elects a true parliament and a new executive. Is it hard to believe that all of that will ever happen? Yes, it is very unlikely. But that would be but the very beginning of what is needed.

The next step would be for US to lift sanctions against Cuba. Legislation needs to be passed for that, and said legislation would be against the interests of people who used to have properties in Cuba before 1959.

Nationalized properties are not the only litigation targets over anything Cuban, because the government from 1959 to the date took a lot of loans that didn't repay. The international legal system would find ways to ask for that money back to any future government, corporation, or individual living in the island, which in turn would make the cost of living or doing business in Cuba extremely high, even in the absence of the Communist Party.

Re: Cuba’s Unfinished Nuclear Power Station

#10

Similar thing happened in Argentina: started to construct a nuclear power plant, stopped construction for 10 years. But it was eventually finished: https://en.wikipedia.org/wiki/Atucha_Nuclear_Power_Plant#Atu... PS: Isn't it illegal for Americans to bribe people abroad? Why is this guy openly admitting to it?

I paid a bribe to get my cat out of quarantine in Nigeria when I lived in Lagos years ago. Nobody's coming after me for that. The Foreign Corrupt Practices Act makes bribery a crime for business-related reasons. >Specifically, the anti-bribery provisions of the FCPA prohibit the willful use of the mails or any means of instrumentality of interstate commerce corruptly in furtherance of any offer, payment, promise to p…

That's a mouthful of a sentence. Wikipedia's summary is a bit more direct.

> The Foreign Corrupt Practices Act of 1977 is a United States federal law that prohibits U.S. citizens and entities from bribing foreign government officials to benefit their business interests.

So if your cat is the star performer of your cat circus show business, you could have technically broken the law :p

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