December 22, 2008

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CAR TECH Analysis: Auto bailout plan reached Washington DC (UPI) Dec 20, 2008 The White House unveiled a $17.4 billion bailout plan for U.S. automakers Friday, eliciting sighs of relief from the companies, which are currently teetering on the brink of bankruptcy. "We appreciate the president extending a financial bridge at this most critical time for the U.S. auto industry and our nation's economy," said Greg Martin, General Motors spokesman. "This action helps ... read more ENERGY NEWS Analysis: Georgia's energy woes Washington (UPI) Dec 19, 2008 The reverberations of Georgian President Mikheil Saakashvili's rash military thrust into South Ossetia over the summer continue to resonate throughout the Caucasus, NATO and Caspian energy exports. Now Saakashvili is advising his populace that the country's energy network is prepared for possible winter "sabotage" by unnamed miscreants. Many Georgians doubtless will see the dark hand of the ... more Previous Issues Dec 21 Dec 19 Dec 18 Dec 17 Dec 16 POLITICAL ECONOMY China To Help Redundant Migrant Workers Offers Economic Aid To Taiwan Hong Kong (AFP) Dec 21, 2008 China on Sunday urged local authorities to help find jobs for hundreds of thousands of migrant workers reported to be flooding home after being forced out of work by the global financial crisis. The government warned provincial authorities that the plight of migrant workers was a "pressing" issue as domestic companies are suffering from the crisis, said a statement published on the cabinet's ... more ENERGY NEWS China slashes fuel surcharges on domestic flights Beijing (AFP) Dec 19, 2008 China said Friday it will cut fuel surcharges on domestic flights by up to 75 percent from December 25, in its latest move to adjust fuel costs in line with world oil price corrections. The charge on flights of more than 800 kilometres (500 miles) will come down to 40 yuan (5.8 dollars) from 150 yuan per ticket, the National Development and Reform Commission, China's top economic planning ... more POLITICAL ECONOMY Global economy seen sinking into 'severe' 2009 recession: report Tokyo (AFP) Dec 19, 2008 A major banking group warned the global economy will sink into "severe" recession next year as Japan's battle to stave off a prolonged contraction was Friday hit by predictions of zero growth into 2010. The Japanese cabinet approved the country's first zero growth forecast in real terms in seven years, which came as the central bank continued a two-day meeting to consider slashing interest ... more   solarcell: Liberty Media's QVC Unveils Large Solar Project solarcell: Solar Power International Moves To Larger Digs biofuel: London's red buses to go green in 2011 BIO FUEL Analysis: Central Asian biofuel potential Washington (UPI) Dec 18, 2008 Of the former Soviet Caucasian and Central Asian republics, those clustered around the shores of the Caspian, particularly Azerbaijan and Kazakhstan, have seen their economies boom because of record-high energy prices. Turkmenistan is waiting in the wings as a rising producer of natural gas, but the story changes as one moves farther east to Uzbekistan, Kyrgyzstan and Tajikistan, where ... more TRADE WARS US drags China to WTO over 'protectionist' policy Washington (AFP) Dec 19, 2008 The United States said Friday it had hauled China to the WTO over Beijing's programs to market Chinese-branded goods which Washington charged were based on "protectionist" policy. "We are going to the WTO today because we are determined to use all resources available to fight industrial policies that aim to unfairly promote Chinese-branded products at the expense of" American interests, said ... more CIVIL NUCLEAR RWE signs deal to co-run Bulgarian nuclear plant Sofia (AFP) Dec 19, 2008 German power giant RWE signed a deal on Friday with Bulgaria's state-owned National Electricity Company to help finance and run a new four-billion-euro nuclear power plant on the Danube. RWE was picked in October to become a strategic partner in the project by acquiring a 49-percent stake in the Belene Power Company, which will finance and run the plant near the northern town of Belene. ... more CIVIL NUCLEAR New cost overrun for Finnish nuclear plant: Areva Paris (AFP) Dec 19, 2008 French nuclear technology group Areva announced Friday a new cost overrun for a major project in Finland to build a nuclear power plant amid deteriorating relations with Finnish partner TVO. Areva did not reveal the size of the provision it was taking for the unbudgeted costs of the already delayed plant, which will include a new generation reactor that is the first of its kind to be built. ... more     solarcell: Hydro Aluminum North America Forms New Unit For Solar Industry economy: Japan cuts rates to near-zero amid dire world economic outlook solarcell: Japan launches first solar cargo ship Areva, Mitsubishi Heavy to tie-up in nuclear fuel: report Disasters killed more than 238,000 people in 2008: Swiss Re New version of mad cow suspected Recovery nearly complete in Indonesia's tsunami-hit Aceh: donors EU ministers meet to start annual haggle over fishing quotas Worldwide Governments Spend 62 Billion Dollars On Space Programs Dark Energy Found Stifling Growth In The Universe NATO, Russia to resume high-level talks Friday: official Hu Jintao pledges open China amid 30-year celebration Chinese steelmaker takes stake in Australian iron ore project World Bank head sees worldwide problem in 2009 Slovakia picks Czech CEZ as partner for nuke project Obesity increases gasoline consumption Nothing Ventured Nothing Gained Analysis: Nigerian oil reserves drying up? Swiss engineer completes first world tour in solar-powered car US firms join forces to build lithium ion batteries for cars US regulators ignored blunt Madoff warnings MacWorld Snub Slices Apple Stocks French nuclear firm Areva says it will deliver uranium to India France's EDF to buy Constellation nuclear assets for 4.5 bln China's Christmas-related exports take heavy hit: state media China to cut fuel prices from Friday: government Researchers Interpret Asymmetry In Early Universe Previous Issues Dec 21 Dec 19 Dec 18 Dec 17 Dec 16 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. 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