Worldcrunch
BEIJING – A new study published by the National Academy of Economic Strategy (NAES) finds a global energy market that is in the midst of major changes. China, in this context, is facing both opportunities and challenges; in particular, there are concerns about China’s energy security brought on by shifts in the sector in North […]
CHITTAGONG – In the port of Chittagong, containers pile up like colorful cubes of sugar. Dozens of ships scurry down the estuary of the Karnaphuli, the river that winds around the economic capital of Bangladesh to finally stream down into the Bay of Bengal. The port is bustling. The newly built mooring container terminal (NCT) […]
NAPLES – Great news for all connoisseurs of French fries – that is, practically everyone: if it’s done correctly, frying is not bad for your health. Researchers at the Federico II University of Naples and from the nearby “Dolce & Salato” professional cooking school, have conducted a study that shows that frying isn’t bad, if […]
LANZAROTE – The photograph looks like something out of a glossy tourist campaign: a surfer, board under his arms, coming out of the turquoise waters that lap against the fine, white sand. Nothing out of the ordinary, seeing as the shot was taken on the island of Fuerteventura, famous around Europe for its natural beauty […]
LE MONDE (France), ANSA, MISNA (Italy) Worldcrunch TRIPOLI – Some 100 armed men stormed Libya’s parliament late Tuesday, preventing the confirmation of 30 cabinet members for the new government of prime minister Ali Zeidan, Italian news agency ANSA reported. Fighters have invaded parliament several times before, each time bringing proceedings to a halt. “This has […]
ATHENS – Everyone knows that Greece’s debt is spiraling out of control, but few know that the country is an oil producer, though its production is minimal: 2,000 barrels a day – 0.5% of just its own needs. During the 1980’s, however, Greece produced 30,000 barrels a day – 12% of its consumption – through […]
-Analysis- PARIS – A specter is looming over France. That specter is called Qatar. Qatar’s announcement that it would invest 50 million euros in the impoverished suburbs outside Paris, an investment that will be matched by a fund partly financed by the French government and partly by the private sector, has sparked growing controversy. Some […]
ALMATY – The sharp rise in tensions between the European Commission and Russian oil giant Gazprom is worrying the central Asian nations of Kazakhstan, Turkmenistan and Uzbekistan, which are highly dependent on their gas and oil exports to the EU. “The relationship between Europe and Russia, in regards to energy, is similar to that of […]
KOMMERSANT (Russia) BBC Worldcrunch MOSCOW – Russian President Vladimir Putin is back in the middle of the oil business. Putin met this week with the head of Rosneft, a partially state-owned oil company, as well as the president of BP and a representative from the British multinational’s board of directors to see if a partnership […]
NEW DELHI – As Texan oil companies move in, Rajasthan’s cows are starting to feel the pressure. The oil companies have started buying up the cows’ favorite food: guar, a long, green bean grown in the desert regions of India. Guar, which means “cow food” in Hindi, was also used in the food industry as […]
-Analysis- MOSCOW – The Russia Arctic Coast is one of the dirtiest places on earth. According to the most conservative estimates, the shores of the Arctic Ocean are littered with 4 million tons of industrial and construction waste, part of which is toxic. More than 20,000 pieces of electronics are strewn across the Russian Arctic […]
Big oil companies don’t think much of Iraq’s threats. They are lining up for oil prospection in Kurdistan, despite Baghdad’s ban on signing contracts with Kurdish authorities. Last week, Total announced it was purchasing 35% of two blocks located in Iraqi Kurdistan, while the Russian oil giant Gazprom Neft bought stakes in two blocks that […]
AL JAZEERA (Qatar) Worldcrunch MOSCOW – Vladimir Putin, the newly re-elected president of Russia, presents himself as a humble, down to earth man of average means. But rumors about his wealth, and the secrecy surrounding it, have been circulating for years, as far back as his time as deputy mayor of St. Petersburg in the […]
In Iran, the shortage of poultry has become the symbol of the economic “war” imposed on the Iranian regime by the West to pressure the country into abandoning its nuclear program. Since a new round of European and American-led economic sanctions were enforced on July 1, the price of chicken has soared in Iran, rising […]