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World's first green bank loans $1bn in first 5 monthsBritain's Green Investment Bank (GIB), the world's first bank solely focused on lending to clean energy projects, said it allocated 635 million pounds ($988 million) in funding over its first five months of operation. The More… |
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Shale boom 'boosts US clout in world affairs'The boom in domestic oil and gas production has strengthened the hand of the US in global affairs and is having a profound impact on the country's security and foreign policy, President Barack Obama's national security advisor said. More… |
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World spare oil capacity up, stocks dropThe world's spare oil production capacity outside of Iran rose slightly in the last two months, but a seasonal jump in winter heating consumption led to drawdowns from global stocks, the US government said on Thursday in a More… |
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Dec 21: Making money on Maya mysticismA few words by an American scholar, a crumbling Mexican monument and the love of a good yarn were all it took to spawn the belief that the world could end this week. December 21 marks the end of More… |
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World economy to improve only slightly in 2013Next year offers only a slight improvement for a global economy hit by recession in Europe and slowing or moribund growth in Asia and the US, according to Reuters polls of hundreds economists worldwide. More… |
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European crisis hits world factories in JuneEurope's debt crisis slammed into the world's factories last month, with US manufacturing contracting for the first time in nearly three years and Asian countries hit hard by crumbling orders from abroad. Some of the most grim data More… |
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Annan urges world to unite over SyriaUN mediator Kofi Annan warned on Saturday that the conflict in Syria would enflame the Middle East and beyond unless world powers agreed on a peace plan but the US said foreign ministers meeting in Geneva might fail in that task. Internati More… |
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Despite Syria, world more peaceful this yearDespite an escalating conflict in Syria and mounting civil unrest in Europe, the world became a more peaceful place in the last year, a study showed on Tuesday, highlighting particular improvement in Africa. The Global Peace Index, produce More… |
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Global gas glut may hurt Middle EastA boom in unconventional natural gas over the next 20 years could see the US and others benefit from cheaper energy while the importance of the Middle East declines, the International Energy Agency (IEA) said on Tuesday. &n More… |
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Unrest fears as world food prices rise furtherGlobal food prices rose in March for a third straight month with more hikes to come, the UN's food agency said on Thursday, adding to fears of hunger and a new wave of social unrest in poor countries. Record high prices for staple foods la More… |
