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World Bank sees 'signs of bubbles' in Chinese economyWashington (AFP) Jan 20, 2010 The lead author of a World Bank report on the global economy published Wednesday said the bank sees "signs of bubbles" in the Chinese economy, a problem he said the Chinese government acknowledges. "We can already see some signs of bubbles and signs of tensions in the Chinese economy, in particular in the housing sector," said Andrew Burns, head of the bank's macroeconomic forecasting, at a news briefing Tuesday under embargo until the report was released late Wednesday in Washington. ... read more |
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Iraq seeks to cash in on its gasBaghdad (UPI) Jan 21, 2009 Iraq is seeking to exploit its vast natural gas reserves, a resource that has had to play second fiddle to the country's oil wealth, and has signed a strategic energy agreement with the European Union to develop the gas fields. But just as Iraq's drive to develop its major oil fields and quadruple production through a chain of multibillion-dollar contracts with international oil compani ... read more |
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Moscow (AFP) Jan 21, 2010A nuclear power plant in Iran being built by Russia will go into service by the end of this year, Russian atomic energy chief Sergei Kiriyenko said Thursday. "All the work is going as scheduled. The tests are a success. This year will be the year of the launch of Bushehr," Kiriyenko was quoted as saying by the Interfax news agency. In 1995 Iran handed over the unfinished project, launche ... more  
Abu Dhabi (AFP) Jan 21, 2010Bertrand Piccard is no conventional environmental activist -- he hopes to raise awareness about the potential of renewable energy by flying a solar-powered aircraft around the world. "What we want to do is to fly day and night to show that, with renewable energies, you can have unlimited duration of flight, no restriction," Piccard told AFP at the World Future Energy Summit in Abu Dhabi, whe ... more 
Seoul (UPI) Jan 21, 2009 After closing 2009 with a $20 billion order from the United Arab Emirates to build nuclear power plants, South Korea aims to ink more deals. "We're in serious talks with Turkey, Jordan and Malaysia and we've attracted China and India's interest," Chung Kun Mo, a nuclear adviser to state-run utility Korea Electric Power Corp., told Bloomberg Wednesday. "There are many countries k ... more |
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  Seattle to increase 'garbage power'   Spacecraft Dockings Improve Car Assembly   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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