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The battle for Angola's oilLuanda, Angola (UPI) Jan 15, 2009 The recent killing of two members of Togo's national soccer squad in Angola during an African tournament by separatist rebels from oil-rich Cabinda province marked an escalation in their long-simmering war over the West African state's energy wealth. The high-profile killings on Jan. 8 in Cabinda, the center of Angola's burgeoning oil industry and the core of its economy, can be expected to trigger a government crackdown against the separatists that will intensify the violence. Cabinda, a 2,800-square-mile territory on the Atlantic coast, is separated from the rest of Angola by a 37-mile sliver of territory belonging to the Democratic Republic of the Congo and by the mighty Congo River. ... read more |
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Japan to take 'action' if China violates gas field promise
Tokyo (AFP) Jan 17, 2010Japanese Foreign Minister Katsuya Okada told his Chinese counterpart Sunday that Tokyo would take "action" if China violates a 2008 agreement over disputed gas exploration projects. In his talks with Yang Jiechi, Okada also urged China to start discussing details about jointly developing the gas projects in the East China Sea, said a Japanese diplomat, who declined to be named. "If China ... more China found five billion tonnes of iron last year: govt
Beijing (AFP) Jan 16, 2010China discovered five billion tonnes of iron ore deposits last year, the government said. More than three billion tonnes were located in the northeastern province of Liaoning, with the rest found in Hebei, Shandong, Anhui and Sichuan, said Zhang Hongtao, chief engineer of the Ministry of Land and Resources. One billion tonnes of reserves in Hebei would be easy to mine because of their sh ... more China says Google row will not affect trade ties with US
Beijing (AFP) Jan 15, 2010China said Friday that Google's threat to stop operating in the country would not affect Sino-US trade ties, after Washington pressed for an explanation of China-based cyberattacks on the Internet giant. However, China insisted that Google must obey its laws, after the company said it would no longer bow to the communist country's army of Internet censors by filtering search results availabl ... more |
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![]() German nuclear storage site deemed unsafe ![]() Micronesia upset over CO2 emission plans at Czech plant ![]() Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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Commodities shaken as China reins in economy
London (AFP) Jan 15, 2010Commodity markets were rattled this week as China tightened money supply in a bid to tame economic growth and prevent a looming asset bubble, analysts said. China, one of the biggest consumers of raw materials, moved Tuesday to rein in a surge of aggressive lending by banks that had raised fears of inflation and an unhealthy concentration of assets. The nation's central bank hiked the mi ... more Asia's IT parts makers struggle with demand boom
Taipei (AFP) Jan 17, 2010Wrong-footed by rocketing consumer demand, Asian technology suppliers are scrambling to expand capacity before inventories run dry of everything from semiconductors to flat-panel screens. Asian components makers, betting on a much longer economic downturn, last year ran down their stockpiles to "very unhealthy levels", according to Nancy Liu, an analyst at Taiwan's Industrial Technology Rese ... more Taiwan looks to China for nip and tuck boom
Taipei (AFP) Jan 17, 2010Beijing entrepreneur Li Jinxun's first trip to Taiwan was a life-changing experience, but not because of the sightseeing. The 46-year-old took advantage of a short trip to the island last month to undergo minor cosmetic surgery at a clinic in Kaohsiung city, something he said had made him feel younger and better looking. "I'm very satisfied. I feel better already," he told AFP. Li, w ... more |
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![]() Report: no finger pointing at oil sands ![]() Argentina Central Bank crisis hits new low ![]() US troops spark anger at Haiti airport |
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