Buffett donates $50m in fight against nuclear weapons

Four years ago Buffett and the Nuclear Threat Initiative offered the money if the UN's International Atomic Energy Agency could raise another $100m from countries all over the world. The nuclear fuel bank aims to serve as a source of reactor fuel for power plants, meaning countries will not have to make the fuel themselves. Uranium used for power plants can also be enriched to higher weapons-grade levels. "The IAEA fuel bank is an investment in a safer world and an essential tool in reducing nuclear dangers," Buffett, the Berkshire Hathaway CEO, says. "I believe that the fuel bank ...