| March 18, 2009 |  |
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Analysis: Salazar ramps up oil, renewables Washington DC (UPI) Mar 17, 2009 
The U.S. Interior Department is expediting energy development across the country, from renewable resources to oil and gas drilling, Secretary Ken Salazar told senators Tuesday. Conventional resources like oil will play a major role in the White House's energy policy, Salazar said, despite some recent reports that drilling for fossil fuels will decrease under the new administration. ... read moreAnalysis: Syria's water and energy needs 
Istanbul, Turkey (UPI) Mar 17, 2009 Syria, like many of its Middle Eastern Muslim neighbors, faces increasing demands from its booming population for the necessities of life, from food to power. While water is essential to producing both, in the latter category, attempts to boost its electrical power generation through increasing the number and capacity of its hydro-electrical stations by necessity involves diplomacy, as the cou ... more
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Obama soothes China on multi-billion-dollar US debt
Washington (AFP) March 14, 2009President Barack Obama said Saturday that China could have "absolute confidence" in the American economy, after Beijing pointedly questioned the safety of its huge haul of US government debt. Obama took up comments by China's Premier Wen Jiabao on Friday, which represented a rare assessment by Beijing on the health of the US economy and the prospects for China's hundreds of billions of dolla ... more Japan mulls high-tech economic stimulus 
Tokyo (AFP) March 17, 2009Japan may invest two billion dollars or more in new information and communication systems under an economic stimulus package with the aim of creating 400,000 jobs by 2011, an official said Tuesday. Under the blueprint, the government would build vast fibreoptic networks to supply broadband to entire communities, and subsidise new technologies such as wireless communication networks for cars, ... more Hong Kong moves to send plastic bags packing 
Hong Kong (AFP) March 17, 2009Brian Pemberton is trying to help Hong Kong beat its looming waste crisis - one rice sack at a time. The entrepreneur takes used sacks from China and refashions the hardy material into reusable and unique grocery bags, then sells them to eco-friendly shoppers to use instead of free plastic bags. Pemberton is a green entrepreneur, one of a growing number trying to take advantage of a new ... more  |
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China cements place as top creditor to US: Treasury
Washington (AFP) March 17, 2009China consolidated its position as the top creditor to the United States, wiht 739.6 billion dollars in US Treasury bond holdings as of late January, US government data showed. The US Treasury Department released the monthly figure at a sensitive time, less than a week after Chinese Premier Wen Jiabao expressed concern about the fate of Chinese investments in the United States. It marked ... more Analysis: Turkey and hydroelectricity 
Istanbul, Turkey (UPI) Mar 16, 2009 Turkey, hosting the fifth World Water Forum this week in the former Ottoman imperial capital Istanbul, is an anomaly among Middle Eastern nations, among the world's most parched regions, in that it has a surplus of water relative to its neighbors. Istanbul epitomizes this natural bounty, sitting as it does astride the Bosporus, a waterway connecting the Black Sea with the Mediterranean. ... more Youth Corps to help keep California green 
Los Angeles (AFP) March 16, 2009Governor Arnold Schwarzenegger on Monday announced the creation of a youth environmental corps tasked with protecting California's verdant ecology, while training for future employment in the emerging "green economy." At least 1,000 young Californians in the program, aged 16 to 24, will be paid with funds from President Barack Obama's recently-approved federal stimulus plan, Schwarzenegger ... more US government bonds will retain top rating: Summers 
Washington (AFP) March 15, 2009There is no chance of US government bonds losing their gilt-edged rating, President Barack Obama's top economic aide said Sunday after China expressed unease over its enormous holdings of US debt. Lawrence Summers, director of the White House's National Economic Council, said "no" when asked if Treasury bonds might lose their "AAA" rating from credit agencies because of the US economic crisi ... more |
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