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Lacklustre sale signals cooling Hong Kong property marketHong Kong (AFP) May 12, 2010 Hong Kong said Wednesday that its efforts to cool the property market in the crowded former British colony showed signs of working after its latest land sale met a lacklustre response. A site for non-industrial use near the city's international airport went under the hammer for 3.42 billion Hong Kong dollars (439.5 million US) on Tuesday, far below a 4.63 billion dollar average forecast of analysts polled by Dow Jones Newswires. The 282,017-square foot (26,200 square-metre) plot was sold to un ... read more |
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Outside View: Trade deficit
College Park, Md. (UPI) May 12, 2010 The U.S. Commerce Department reported the March deficit on international trade in goods and services increased to $40.4 billion from $39.4 billion in February. The trade deficit, along with the credit and housing bubbles, were the principal causes of the Great Recession. Now, a rising trade deficit and continued weakness among regional banks threatens to stifle the emerging recovery and ... more 'Triple Frontier' plans upset 3 nations
Rio De Janeiro (UPI) May 12, 2010 It isn't yet on a screen near you but California director Kathryn Bigelow's plans for a film on the notorious frontier region linking Argentina, Brazil and Paraguay have upset governments, culture vultures and, perhaps most dangerously of all, the crime gangs that hold sway over the area. Aglow from her Oscar honors for "The Hurt Locker," Bigelow began preparations for a film that would ... more BP must help bring tourists back to Florida: governor
Miami (AFP) May 12, 2010Florida Governor Charlie Crist wants oil giant BP to pay 34 million dollars for a advertising campaign designed to bring back tourists who are canceling trips after news of a Gulf of Mexico oil spill. Authorities say the southwestern state is suffering high visitor cancellation rates because tourists mistakenly believe that a giant oil slick is washing up on Florida beaches. Crist said h ... more |
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Untangling the Quantum Entanglement Behind PhotosynthesisBerkeley CA (SPX) May 11, 2010 The future of clean green solar power may well hinge on scientists being able to unravel the mysteries of photosynthesis, the process by which green plants convert sunlight into electrochemical energy. To this end, researchers with the U.S. Department of Energy (DOE)'s Lawrence Berkeley National Laboratory (Berkeley Lab) and the University of California (UC), Berkeley have recorded the first observation and characterization of a critical physical phenomenon behind photosynthesis known as quantum e ... read more |
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