| January 13, 2009 |  |
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Slovakia tests EU's patience with nuclear plant relaunch plan Bratislava (AFP) Jan 12, 2009 
Slovakia is keeping the European Union on tenterhooks with its plan to reactivate an outdated nuclear reactor in a bid to avert an energy crisis after gas pipelines from Russia dried up. The plan provoked angry reactions from the EU and environmentalists even though Slovak Prime Minister Robert Fico said Monday the final decision would wait another day, as Russia promised to open the gas tap ... read moreWalker's World: Depression looms 
Vienna (UPI) Jan 11, 2009 This time last year, many economists were still debating whether the United States was entering or already experiencing a recession. That debate is over. The question now is whether we are entering a depression and how great or modest it will be. There is no formal definition for a depression. Like pornography, we know it when we see it. But some economists suggest that a 10 percent dro ... more
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Recession got you down? Buy a hybrid
Detroit, Michigan (AFP) Jan 12, 2009Auto makers are pegging their hopes for a recovery on electric and hybrid vehicles, with a large number of prototypes unveiled at the North American International Auto Show this week. Daimler, Toyota and General Motors, as well as industry newcomer BYD of China showcased new electric vehicles, while several others announced plans for battery-powered cars and trucks by 2012. ... more Protesters buy land earmarked for Heathrow expansion 
London (AFP) Jan 13, 2009Campaigners fighting the expansion of London's Heathrow airport opened a new front on Tuesday when they announced they had bought land earmarked for the construction of a third runway. Oscar-winning actress Emma Thompson is among those involved in the purchase, which environmental group Greenpeace said threw a "massive spanner" into the nine-billion-pound (13-billion-dollar, 10-billion-euro) ... more No flying cars at this year's Detroit auto show 
Detroit, Michigan (AFP) Jan 12, 2009There were no flying cars or other awesome technologies at this year's Detroit auto show, as manufacturers facing a steep drop off in sales focused on fuel efficiency and fewer frills. Most auto makers showcased their new lineups of long-awaiting electric and hybrid cars, expected to hit showrooms as early as mid-2009 through to 2012. Some rehashed seen-before technologies such as cars ... more  |
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China's BYD to bring plug-in hybrid, electric cars to US in 2011
Detroit, Michigan (AFP) Jan 12, 2009China's BYD Auto announced plans Monday to enter the US market in 2011 with a range of electric and plug-in hybrid vehicles. It would likely be the first Chinese automaker to enter the highly-competitive US market and beat many established automakers in offering an extended-range electric vehicle to US consumers. General Motors, Chrysler and Nissan are expected to be the first to introd ... more China 2008 auto sales growth slows to eight percent: state media 
Shanghai (AFP) Jan 12, 2009Sales of vehicles in China rose about eight percent to 9.4 million units in 2008, less than half the growth rate for the previous year, state media reported Monday, citing an industry group. Demand for vehicles has been hit by the global economic slowdown, and the outlook for 2009 remains gloomy, the People's Daily reported, citing Hu Maoyuan, chairman of the China Association of Automobile ... more Analysis: The Gazprom-Ukraine dispute 
Washington (UPI) Jan 12, 2009 As Europeans shiver amid the Gazprom-Ukrainian natural gas dispute, pundits bloviating on the nefarious designs of the Kremlin are overlooking one simple truth about the altercation - the world's largest gas company is simply behaving the way that hordes of American advisory teams have urged the Kremlin to do since 1991: as free market capitalists, albeit nearly two decades late. ... more Northrop Grumman Downgrades Space Division In Corporate Shakeup 
Los Angeles, CA (SPX) Jan 12, 2009Northrop Grumman Corporation has announced several structural actions to strengthen alignment with its customers, improve the company's program performance and growth potential, and enhance its cost competitiveness. These actions, effective immediately, include streamlining its organizational structure, reducing the number of sectors from seven to five. The five sectors will be Aerospace Systems ... more |
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