December 19, 2008

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POLITICAL ECONOMY Chinese steelmaker takes stake in Australian iron ore project Sydney (AFP) Dec 18, 2008 Australia's Centrex Metals said Thursday that Chinese steelmaker Wuhan had agreed to pay up to 180 million dollars (126 million US dollars) for a half share in its iron ore projects. "This is a landmark, high integrity agreement with a top three steel group in China and is a company-maker for us in every sense," Centrex chairman David Lindh said in a statement. Wuhan will also pay an ... read more POLITICAL ECONOMY World Bank head sees worldwide problem in 2009 Singapore (AFP) Dec 18, 2008 The president of the World Bank warned Thursday of a worldwide struggle in the first half of 2009 as a deepening global economic crisis hits Asian countries. Robert Zoellick also cautioned against a return to trade protectionism that could worsen the crisis. "I am afraid that the first six months of 2009 are going to be a problem worldwide, including in Asia and including in Southeast ... more Previous Issues Dec 18 Dec 17 Dec 16 Dec 15 Dec 12 CIVIL NUCLEAR Slovakia picks Czech CEZ as partner for nuke project Bratislava (AFP) Dec 17, 2008 The Slovak government said Wednesday it had chosen Czech energy giant CEZ as a strategic partner to build a new unit at the Jaslovske Bohunice nuclear plant. "We were considering ten potential investors and CEZ was chosen as the most suitable firm," Economy Minister Lubomir Jahnatek said after a cabinet meeting. He added the construction of the unit, about 50 kilometres (31 miles) ... more ENERGY TECH Obesity increases gasoline consumption Champaign, Ill. (UPI) Dec 17, 2008 U.S. scientists have come up with another reason for obese people to lose weight -- excess driver and passenger weight results in excess fuel consumption. In a 2006 study, University of Illinois Professor Sheldon Jacobson and doctoral student Laura McLay estimated the amount of vehicle fuel consumed as a result of overweight and obese passengers. Now Jacobson and doctoral student ... more POLITICAL ECONOMY Nothing Ventured Nothing Gained San Francisco (AFP) Dec 17, 2008 The coming year threatens to challenge the survival skills of startups and venture capital firms alike, but superstars may rise in 2010 from the world's scorched economic landscape. Such was the sentiment reflected on Wednesday in the results of an annual "predictions survey" of members of the National Venture Capital Association. A survey of some 400 US venture capitalists (VCs) between ... more   gas: Analysis: Nigerian oil reserves drying up? solarcell: Swiss engineer completes first world tour in solar-powered car car-tech: US firms join forces to build lithium ion batteries for cars POLITICAL ECONOMY US regulators ignored blunt Madoff warnings New York (AFP) Dec 18, 2008 Multiple warnings about Bernard Madoff's activities came across the desk of US regulators over the years, but only the collapse of his alleged Ponzi scheme led anyone to take them seriously. Anger at the US Securities and Exchange Commission (SEC) has been outdone only by anger against Madoff himself since his arrest last week and the spectacular discovery of an allegedly a 50-billion-dollar ... more POLITICAL ECONOMY MacWorld Snub Slices Apple Stocks New York (AFP) Dec 17, 2008 Apple's share price was pummeled on Wall Street on Wednesday after the company said its iconic chief executive Steve Jobs will not appear at the Macworld Expo next month. The surprise announcement late Tuesday by the maker of the iPod, iPhone and Macintosh computers sparked speculation that Jobs may be ailing or that Apple does not have any new products to present at the annual event in San ... more CIVIL NUCLEAR French nuclear firm Areva says it will deliver uranium to India Paris (AFP) Dec 18, 2008 French nuclear power engineering company Areva will deliver 300 tonnes of uranium to India under an agreement signed in September, the French company said in a statement on Thursday. The uranium will go to Nuclear Power Corporation of India Ltd (NPCIL) and is the first such shipment since a 34-year international embargo on international nuclear trade with India was lifted in September. ... more CIVIL NUCLEAR France's EDF to buy Constellation nuclear assets for 4.5 bln New York (AFP) Dec 17, 2008 US-based Constellation Energy Group accepted a 4.5-billion-dollar (3.15-billion-euro) offer from France's EDF for a 49.99 percent stake in its nuclear power business, the companies said Wednesday. Constellation backed out a deal with renowned US investment manager Warren Buffett, whose energy group MidAmerican Energy Holdings Company had offered 4.7 billion dollars for the whole company. ... more     trade: China's Christmas-related exports take heavy hit: state media gas: China to cut fuel prices from Friday: government physics: Researchers Interpret Asymmetry In Early Universe European Industry Prepares Leading-Edge Semiconductor For Space Analysis: Obama picks receive high marks EU parliament approves climate change package Obama names agriculture, interior picks Crackdown hampers earthquake relief in Pakistan Simple Soybean Anything But - Genetically Research The Key To Long-Term Gains For A Smarter Economy Real Christmas trees 'greener' than fakes Purdue Study Suggests Warmer Temperatures Could Lead To A Boom In Corn Pests Stanford Researchers Predict Heat Waves And Crop Losses In California Salt Water Irrigation: Study Shows It Works Agriculture Out Of The CPRS But Not Out Of The Woods Obama rounds out cabinet, games out global crises Norway's central bank wants to delay vote on Buffet's bid for Constellation Honda sets up hybrid battery venture despite slump Signet Solar To Build Production Facility In New Mexico France's EDF agrees 4.5-bln-dlr deal to buy US nuclear assets KYOCERA Donates Solar Power Generating Systems To Schools In Nepal Timing is perfect, but money woes plague electric car maker Think Troubled automaker GM opens new plant in China Walker's World: Could U.S. go bankrupt? Sunrise Solar Completes Successful Asian Mission Steve Jobs leaving Macworld stage as Apple bows out SAS Solar Farm Goes Live Previous Issues Dec 18 Dec 17 Dec 16 Dec 15 Dec 12 The contents herein, unless otherwise known to be public domain, are Copyright 1995-2008 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by SpaceDaily on any web page published or hosted by SpaceDaily. Privacy statement