| March 27, 2009 | ![]() |
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Vote on IAEA chief inconclusive after first three rounds Vienna (AFP) March 26, 2009
The race for the top job at the UN atomic agency remained open after the first three rounds of voting Thursday, with neither of the two candidates able to secure a convincing lead. Japanese candidate, Yukiya Amano, 61, had previously been seen as the front-runner to take over from Mohamed ElBaradei, who has headed the International Atomic Energy Agency for the past 12 years. But Amano fa ... read moreUS plans sweeping financial regulatory reforms
Washington (AFP) March 26, 2009US Treasury Secretary Timothy Geithner proposed to Congress Thursday sweeping financial regulatory reforms, including a single entity to oversee all key financial institutions and payment systems. "We need to strengthen our system of prudential supervision across the financial sector," he told lawmakers as he unveiled the broad reforms covering banks and other financial firms as well as hed ... more
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Analysis: Nigeria oil strike called off
Washington DC (UPI) Mar 26, 2009Nigerian oil workers have called off a proposed strike following two days of talks between the government and union leaders, with both sides agreeing to create a joint panel to discuss the workers' complaints about violence in the petroleum-rich Niger Delta. Officials from Nigeria's two leading oil workers' unions -- the Petroleum and Natural Gas Senior Staff Association of Nigeria, kn ... more Berlusconi opens Naples incinerator
Naples, Italy (AFP) March 26, 2009Italian Prime Minister Silvio Berlusconi Thursday opened a waste incinerator near the southern city of Naples, where thousands of tonnes of rotting rubbish regularly piled up. Berlusconi had pledged last year that the incinerator at Acerra, the building of which had been suspended for eight years, would enter service to deal with the mountains of waste invading Naples and the surrounding Cam ... more Software Fits Flexible Components
Bonn, Germany (SPX) Mar 27, 2009Car component designers not only have to ensure that their designs are visually appealing, they also have to think about the assembly process: Can the designed dashboard be easily installed in the new car model? What assembly paths need to be taken so that the component does not hit and scratch the car body? Thanks to a new software program, components that only exist in the form of CAD da ... more |
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Rio Tinto exec says Chinalco deal is 'favourable'
Singapore (AFP) March 26, 2009Rio Tinto's long-term future is better served if China's Chinalco can double its stake in the Anglo-Australian mining giant to 18 percent, a senior company executive said Thursday. "As a value proposition, this is absolutely favourable," Rio Tinto's chief financial officer, Guy Elliot, said at a mining conference in Singapore. A deal with Chinalco would give Rio Tinto better understandin ... more People of Athens fight for green space amid sea of concrete
Athens (AFP) March 26, 2009It is one of the most built up cities in Europe. Now fed-up residents of Athens -- enraged by the pro-development attitude of their politicians and emboldened by recent anti-government riots -- are taking matters into their own hands. Residents of the bohemian district of Exarcheia have scored a rare victory by turning a carpark into a small but much-needed park almost overnight. In the ... more Outside View: Obama courting disaster
College Park, Md. (UPI) Mar 26, 2009 President Obama's strategy to combat the recession courts disaster. He proposes huge federal deficits from 2009 to 2011 to prop up domestic demand and break the negative feedback cycle of rising unemployment, falling incomes and sinking consumer spending while recapitalizing the banks to get credit flowing again. This would require nearly $4 trillion in federal borrowing. Such ... more New Material Could Lead To Faster Chips
Cambridge MA (SPX) Mar 27, 2009New research findings at MIT could lead to microchips that operate at much higher speeds than is possible with today's standard silicon chips, leading to cell phones and other communications systems that can transmit data much faster. The key to the superfast chips is the use of a material called graphene, a form of pure carbon that was first identified in 2004. Researchers at other instit ... more |
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