Launch date to be set for Iran's first nuclear plant
Tehran (AFP) Feb 24, 2009
Iran and Russia will announce on Wednesday a date for the Islamic republic's first nuclear power plant to go operational, the official IRNA news agency reported. "The exact date for the start of operations at Bushehr nuclear plant will be announced at the plant on Wednesday," the spokesman for Russia's federal nuclear agency, Sergei Novikov, told IRNA in Moscow. Iran plans to carry out ... read more
One-Fifth Of Fossil-Fuel Emissions Absorbed By Threatened Forests
Leeds, UK (SPX) Feb 25, 2009
Globally, tropical trees in undisturbed forest are absorbing nearly a fifth of the CO2 released by burning fossil fuels. The researchers show that remaining tropical forests remove a massive 4.8 billion tonnes of CO2 emissions from the atmosphere each year. This includes a previously unknown carbon sink in Africa, mopping up 1.2 billion tonnes of CO2 each year. Published in Nature ... more
Obama set for showpiece address to Congress
Washington (AFP) Feb 24, 2009
President Barack Obama was set Tuesday to use the grand political stage of his debut address to Congress to counsel a nation gripped by economic fear and to showcase his ambitious agenda. Five weeks into an administration born amid the worst financial tumult since the 1930s, Obama will grasp the unique political megaphone reserved for presidents to speak directly to Americans in the crucial ... more
One Of The Most Important Problems In Materials Science Solved
Uppsala, Sweden (SPX) Feb 25, 2009
Together with three colleagues Professor Peter Oppeneer of Uppsala University has explained the hitherto unsolved mystery in materials science known as 'the hidden order' - how a new phase arises and why. This discovery can be of great importance to our understanding of how new material properties occur, how they can be controlled and exploited in the future. The findings are now being ... more
Japan's Takashimaya to open Shanghai department store
Tokyo (AFP) Feb 24, 2009
Japan's third biggest department store operator Takashimaya Co. said Tuesday it plans to open a flagship store in Shanghai in 2012, hoping strong demand there will offset bleak sales at home. The company plans to invest four billion yen (42.56 million dollars) to build the 40,000 square-metre (430,400 square-feet) eight-storey store -- its first in China's commercial hub, a statement said. ... more
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solarcell:
Japan may force utilities to buy surplus domestic solar power
energy-news:
Green IT Not Helping Climate Change
wind:
Electricity Systems Can Cope With Large-Scale Wind Power
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China buying mission leaves for Europe spree: govt
Beijing (AFP) Feb 24, 2009
Chinese Commerce Minister Chen Deming left for crisis-hit Europe Tuesday at the head of a 300-strong team charged with spending billions of dollars on European products, the government said. The high-powered procurement team will visit Germany, Switzerland, Spain and Britain, according to a statement from the commerce ministry. The widely anticipated mission could end up spending 15 ... more
China Development Bank denies merger imminent
Shanghai (AFP) Feb 24, 2009
China Development Bank said it was not about to buy into Shenzhen Development Bank, part-owned by US private equity firm Newbridge Capital, amid reports the two lenders could merge. China Development Bank said in a statement late Monday that it "currently has no arrangements regarding buying stakes" in the mid-sized lender, located in the southern city of Shenzhen. But on Tuesday ... more
Asian markets dive on US bank rescue fears
Hong Kong (AFP) Feb 24, 2009
The global stock sell-off carried over into Asia Tuesday after an overnight rout on Wall Street, as the Obama administration's bank rescue plan failed to calm nervous markets. Tokyo shares closed down 1.46 percent Tuesday after Wall Street hit near 12-year lows as investors reacted with disappointment to Washington's strategy for rescuing ailing banks, stoking pessimism over the financial ... more
China metals company to buy into Australian miner: report
Shanghai (AFP) Feb 24, 2009
China's Hunan Valin Iron and Steel Group said Tuesday it would acquire a 16.5 percent stake in Australian miner Fortescue Metals Ltd. for 1.2 billion Australian dollars (776 million US dollars). State-owned Valin agreed to buy 225 million new Fortescue shares at 2.48 Australian dollars each, Dow Jones Newswires reported, citing a company statement. Officials at the two companies were not ... more
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economy:
China vows more moves to fight slowdown
nuclear-civil:
Italy takes first step to return to nuclear energy
trade:
Locke: Son of immigrants to pave path for US-Chinese trade
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