| September 17, 2008 |  |
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General Motors unveils electric car Washington (AFP) Sept 16, 2008 
General Motors Tuesday unveiled its electric car, the Volt, from its Detroit headquarters on the company's 100th anniversary. The Volt has a battery-powered electric motor that runs the car for up to 40 miles (65 kilometers). A gasoline-powered engine generates electricity to replenish the battery, giving the car hundreds of additional miles, GM said in a statement. "Revealing the ... read more
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Commentary: Bandit capitalism?
Washington (UPI) Sep 16, 2008 Six years ago the $40 billion Enron debacle was seen as the tsunami of modern corruption scandals. But that was just a ripple in a sordid line of sleights of hand, insider trading, disinformation, financial losses disguised as profits and predatory lending, all leading to a steady decline into bandit capitalism. On the heels of Enron came Tyco International, Adelphia, Peregrine Systems ... more Nokia most ecofriendly electronics maker: Greenpeace 
Helsinki (AFP) Sept 16, 2008The world's leading mobile phone maker Nokia earned the top spot in Greenpeace's ranking of big electronics manufacturers' eco-friendliness, the environmental organisation said Tuesday. Nokia scored seven points out of 10 in a report ranking companies on their policies regarding chemicals, waste and energy. Japanese game maker Nintendo came in last with a score of 0.8. Greenpeace praised ... more Marking 100 years, GM says China crucial to its future 
Shanghai (AFP) Sept 16, 2008General Motors marked its 100th anniversary Tuesday, saying its future lay in China as it broke ground on a research facility that will develop hybrid and electric cars for the Chinese market. The 250-million-dollar complex, expected to open by the end of next year, will be home to a research centre for developing alternative fuels and cleaner cars, GM Asia Pacific President Nick Reilly said ... more Bangladesh permits dismantling of 'toxic' ship 
Dhaka, Bangladesh (AFP) Sept 16, 2008Bangladesh will allow a ship with allegedly hazardous substances to be dismantled on its shores, an official said Tuesday, a month after it was blacklisted. The government last month banned the New Atlantia after a Bangladeshi ship breaker imported it under the name of MT Enterprise. The New Atlantia was described by Greenpeace as hazardous in its global list of toxic ships. Shipping ... more Platform in China's largest offshore oil field starts operation: company 
Beijing (AFP) Sept 16, 2008A third platform in China's largest offshore oil field has come on stream, a leading Chinese oil producer said on Tuesday. Platform B is one of the five platforms in phase II of the Peng Lai 19-3 oil field, located in Bohai Bay in the north, said the China National Offshore Oil Company (CNOOC) in a statement on its website. Apart from the five platforms, the project also includes a centre ... more |
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New York NY (SPX) Sep 17, 200821Ventures and the Quercus Trust have announced that they have awarded a $200,000 grant to support the solar energy research of Professor David Cahen of the Weizmann Institute of Science in Rehovot, Israel. The grant will be used to further the exploratory research of novel approaches to harness solar energy in less expensive and more efficient new ways and to explore approaches for making ... more Intel rolls out computer chip with six brains 
San Francisco (AFP) Sept 15, 2008Intel on Monday rolled out its first chip with six brains, unveiling a "multi-core" microprocessor that boosts computing muscle while cutting back on electricity use. The world's leading computer chip maker's new Xeon 7400 series microprocessor is tailored for businesses that want to boost server performance while conserving on space and energy. Intel executives say the Xeon 7400 is ... more Iran boasts its forces can control the Gulf 
Tehran (AFP) Sept 16, 2008Iran has the power to control the Gulf as no vessel can cross the vital seaway without coming in range of its sophisticated weaponry, a top aide to supreme leader Ayatollah Ali Khamenei said on Tuesday. The sabre-rattling comments from General Rahim Yahya Safavi came a day after the International Atomic Energy Agency accused Iran of stalling its investigation into the country's nuclear drive ... more XcelPlus Global Holdings Acquires Rights To Alternative Energy Tech 
Topping VA (SPX) Sep 17, 2008XcelPlus Global Holdings has announced that it has recently signed a Letter of Intent with Total-Fuels of Las Vegas, Nevada and two developing partners for worldwide marketing rights to their patented technology. The technology allows normal cars to use both E85 and gasoline with the same ease as a new car manufacturer does. The automatic unit already has worldwide sales with exponential ... more US, China hold trade talks amid heated auto parts dispute 
Yorba Linda, California (AFP) Sept 16, 2008The United States and China were to hold cabinet-level trade talks in California Tuesday amid tensions over China's massive export surplus and an escalating WTO auto parts dispute. US Secretary of Commerce Carlos Gutierrez and US Trade Representative Susan Schwab were hosting Chinese Vice Premier Wang Qishan for the one-day meeting at the Richard Nixon presidential library in Yorba Linda. ... more |
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Moscow (UPI) Sep 15, 2008 The five-day conflict between the Russian army and Georgia last month exposed serious Russian weaknesses in the field of radio-electronic warfare. It turns out that Russian electronic countermeasures systems are unable to jam and suppress enemy surface-to-air missiles and reconnaissance systems, radars and UHV communications and troop-control networks. This is rather disturbing ... more Hungary agrees to NATO accession of Albania, Croatia 
Budapest (AFP) Sept 15, 2008The Hungarian parliament voted unanimously in favour of the ratification of the NATO accession protocols of Albania and Croatia in Budapest on Monday. "It is of primary interest that the Balkan countries integrate into NATO and the European Union," Foreign Minister Kinga Goncz said after Hungary became the first NATO member to ratify the accession documents. Goncz underlined Hungary's ... more Permafrost Carbon Content Double The Old Estimates 
Canberra, Australia (SPX) Sep 16, 2008In a paper published in the latest edition of Bioscience, an international team of scientists says whereas some of the CO2 produced as a result of decomposition of previously frozen vegetation would be absorbed by increased, global warming-induced plant growth, it is likely the net effect would be a significant net increase in atmospheric CO2. Involving collaboration between scientists ... more China evacuates a half million for tropical storm: report 
Shanghai (AFP) Sept 15, 2008China evacuated nearly half a million people from coastal areas as tropical storm Sinlaku bore down, but officials said the mainland was expected to escape the worst, state media reported Monday. Authorities also ordered 30,000 fishing boats to return to harbour in the eastern province of Zhejiang as heavy rains hit, indicating Sinlaku was moving closer, Xinhua news agency said. ... more Millions without power as Ike death toll climbs in US 
Galveston, Texas (AFP) Sept 15, 2008Millions of people remained without power and water Monday as deadly Hurricane Ike barreled up from the Gulf Coast into the Midwest, reportedly leaving more than 15 dead across nine states. Massive search and recovery operations were ongoing in storm-battered Texas, with nearly 4,000 people rescued across the state. Texas Governor Rick Perry said Monday it could be "weeks" before residents ... more
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