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 Beijing (AFP) Sept 18, 2009 
Sales of new cars in Beijing have spiked to about 2,000 a day, a trend that will put up to four million vehicles on the streets of China's capital by year's end, state media said Friday. About 60,100 cars were sold in the month of August in Beijing -- the largest number of auto purchases this year and nearly double the amount of vehicles sold in the same month in 2008, the China Daily said. ... read more 
Baghdad (UPI) Sep 18, 2009 U.S. Vice President Joe Biden's visit to Baghdad earlier this week -- his third this year -- came hot on the heels of a lightning visit by Russia's energy minister as the scramble for Iraq's oil riches heats up. Just as Sergei Shmatko sought favorable terms for Russian companies in an upcoming oil contract auction, Biden was hustling on behalf of the U.S. oil giants who have long ... more
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Beijing (AFP) Sept 20, 2009China's hydropower capacity is expected to nearly double to 300,000 megawatts by 2020, state media said, as the nation powers ahead with the development of renewable energy sources. Water resources minister Chen Lei, who was quoted by the official Xinhua news agency as giving the target, also said hydropower would play a more important role in China's strategy for energy security in the ... more  
Brasilia (AFP) Sept 17, 2009The Brazilian government presented new legislation Thursday intended to protect the Amazon from deforestation by banning any new planting of sugar cane, widely cultivated for ethanol production. "Now we can say that our ethanol is 100 percent green," said Environment Minister Carlos Minc announcing the proposed rules. The legislation would ban new clearing or planting of the crop in more ... more  
Beijing (AFP) Sept 19, 2009China's bank regulator has called on the nation's banking sector to step up risk management and strengthen compliance as explosive credit growth is leading to greater risks. "With bank loans growing rapidly, all kinds of risks are rising in the banking industry," Liu Mingkang, chairman of China Banking Regulatory Commission, said in the statement posted on the commission's website Friday. ... more |
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Tokyo (AFP) Sept 20, 2009Japan's new government led by Prime Minister Yukio Hatoyama plans to introduce a mandatory cap-and-trade greenhouse gas emissions system as early as 2011, a report said Sunday. A cabinet committee is likely to discuss the issue Sunday in an effort to reach Hatoyama's stated goal of reducing emissions by 25 percent from 1990 levels by 2020, the business daily Nikkei reported, without naming ... more  
Bonn, Germany (SPX) Sep 21, 2009Processes and policies governing the reuse and recycling of electronic products need to be standardized worldwide to stem and reverse the growing problem of illegal and harmful e-waste processing practices in developing countries, according to experts behind the world's first international e-waste academy. Making appropriate recycling technologies available worldwide and standardizing ... more  
Washington (AFP) Sept 19, 2009The US Justice Department has advised a court to reject a legal settlement between Google and authors and publishers that would allow the Internet giant to scan and sell millions of books online. The Justice Department, in a filing late Friday with a US District Court in New York, said the class action settlement raises copyright and anti-trust issues but it encouraged the parties to ... more |
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