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Article Archive | Page 1796

Crude Oil Plunges as Turbulence Rocks Financial Markets

May 07, 2010 at 16:35

Oil Market Summary for: 03/05/2010 to 07/05/2010 In a week of market turmoil resulting from Greece’s fiscal crisis, oil went from an intraday high above $87 on Monday – its…

Somali Pirates Continue to Plague the Horn of Africa

May 07, 2010 at 14:02

The Horn of Africa has become a hotbed of piracy due to outdated maritime laws, the lack of a Somali government and gut-wrenching poverty. Where there is a sea, there…

Follow the Platinum-Brick Road

May 07, 2010 at 12:07

Exciting couple of days on the market. With the Dow having its worst intra-day drop ever yesterday, most of the commodities got trashed. Over May 4 and 5, outstanding silver…

Vanishing Uranium Resources

May 07, 2010 at 08:37

There was a mysterious disappearance of uranium in South Australia last week. Uranium mining hopeful PepinNini Minerals reported a new resource estimate on its Crocker Well project. And something was…

Leaked EC paper reveals €81bn cost of Reducing Emissions by 30%

May 07, 2010 at 08:23

Increasing the EU’s 2020 emissions reduction target to 30% below 1990 levels would add an extra €33 billion ($42.5 billion), or 0.2% of GDP, to the final bill, according to…

An Environmental Activist's Take on the Markets

May 06, 2010 at 18:39

I spent an evening with Lester Brown, president of the Earth Policy Institute and a winner of the coveted MacArthur Prize, for some long term thinking about the environment and…

The Cover-up: BP's Crude Politics and the Looming Environmental Mega-Disaster

May 06, 2010 at 11:43

WMR has been informed by sources in the US Army Corps of Engineers, Federal Emergency Management Agency (FEMA), and Florida Department of Environmental Protection that the Obama White House and…

India’s Hunger for Coal Sending it on a Worldwide Search

May 06, 2010 at 11:12

India is hungry for coal and domestically there is neither the quantity nor the quality to feed the country’s needs. The situation is exacerbated because coal consumption has soared in…

Greenland Proceeds with Plans for Offshore Drilling in Arctic Waters

May 06, 2010 at 09:11

While the oil spill from a sunken drilling rig in the Gulf of Mexico threatens to become an environmental disaster, plans are proceeding for opening up new drilling territories in…

Climate Change: Money, Politics & Scandals

May 06, 2010 at 08:10

“With all the hysteria, all the fear, all the phony science, could it be that manmade global warming is the greatest hoax ever perpetrated on the American people? I believe…

Israel Irked by Turkey-Syria Military Exercises

May 06, 2010 at 07:52

Turkish and Syrian militaries conducted joint drills last week aimed at improving security cooperation on their shared border. The three-day exercises, which began on 28 April, were similar to those…

The Green Side of War

May 05, 2010 at 17:35

The US military has embarked on an elaborate program to use alternative fuels in the name of environmental responsibility and national security. To make it work, private industry must respond…

Some Perspective on the Gulf of Mexico Oil Spill

May 05, 2010 at 17:23

Panic time, folks. News stories about impending environmental disasters. A couple of senators calling for hearings. The media calling it "Obama's Katrina". Time for that rarest of things, perspective. 1. Chance that a US…

Turning Biomass into Crude Oil

May 05, 2010 at 14:30

University of Michigan professors are heating and squishing algae in a pressure-cooker that fast-forwards the crude oil making process from millennia to just minutes.  It doesn’t have to be…

Gulf Oil Spill Highlights Flaws in Obama’s Government

May 05, 2010 at 13:55

Ever since he became President, Barack Obama has displayed a disturbingly consistent pattern of behavior: Ignoring the desires of the base that elected him in favor of consistently failed attempts…

Kyrgyzstan Today: The New Administration’s Pressing Problems

May 05, 2010 at 11:09

KYRGYZSTAN TODAY Kyrgyzstan’s interim government, having toppled the corrupt regime of former President Kurmanbek Bakiyev in Bishkek on April 7-8, faces many daunting challenges, from the economy gutted by Bakiyev’s…

ADB Launches $9 Billion Plan for Solar Energy in Asia

May 05, 2010 at 08:59

The Asian Development Bank launched a $9 billion solar power initiative to develop projects generating 3,000 megawatts by 2012. The announcement, which came at the regional lending agency’s annual meeting…

Bank Lending and Other Key Stats Take a Turn for the worse

May 04, 2010 at 13:37

I wrote last month that several economic indicators seemed to be turning positive. I may have spoken too soon. The last two weeks a number of key stats have…

Gulf Oil Spill Threatens Halt to White House Offshore Drilling Plans

May 04, 2010 at 09:54

The oil spill in the Gulf of Mexico from a collapsed offshore drilling rig could affect White House plans to extend offshore drilling, press secretary Robert Gibbs acknowledged as the…

Nigeria "Back in Business" as Jonathan's US Visit Highlights Renewed Control of the Government

May 04, 2010 at 09:17

The visit to Washington, DC, in April 2010 by Acting Nigerian Pres. Goodluck Jonathan, ostensibly as part of US President Barack Obama's Nuclear Security Summit (NSS) gave Nigeria the opportunity…

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