The US Department of Energy yesterday unveiled the IBM Roadrunner, the world's fastest computer. The computer, which is designed to conduct virtual tests for nuclear weapons, is able to carry out 1,000 trillion (or 1 quadrillion) calculations in one second.
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During the uranium bull markets of the 1950s and the 1970s, it was the United States Government's policies which stimulated uranium production. Both actions were followed by multi-year rallies and brought about then-historical uranium price peaks. Each of the previous two bull markets ended when the federal government changed the existing policy.
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The General Electric Company today announced it is accelerating its solar energy research program with the help of an $8.1 million grant from the U.S. Department of Energy as part of President Bush's Solar America Initiative.
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