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Breaking News Thu, 7 Aug 2008
 Pedestrians walk past a branch office of Industrial & Commercial Bank of China (ICBC) Wednesday Oct. 25, 2006 in Shanghai, China. Chinese stocks held steady Wednesday after briefly touching a five-year peak early in the day, as investors awaited the mark
(photo: AP /Eugene Hoshiko)
Fed allows China's ICBC to open first US branch
The Times of India
|                 WASHINGTON: The Federal Reserve said on Tuesday it will allow China's largest lender, the Industrial and Commercial Bank of China, to open its first US branch in New York. | The Fed said in a statement approving the application that the ...
   MERALCO - ELECTRICITY - PHILIPPINES
(photo: WN / Renzelle Mae Abasolo)
1,000MW power import agreement signed
The News International
Tuesday, August 05, 2008 | ISLAMABAD: Pakistan and Afghanistan on Monday signed CASA (Central Asia-South Asia) 1,000MW power transmission agreement with Central Asian States for the import of electricity from Kyrgyz Republic and Tajikistan. | According to the agreement, a total of 1,300MW of electri...
Pipeline fire disrupts oil flow across Turkey
The Times
| Oil flows on the Baku-Tbilisi-Ceyhan pipeline in eastern Turkey, which carries one million barrels a day, have been halted by an explosion and fire. | BP, a shareholder in the pipeline, said that exports from the Ceyhan terminal continued from stor...
Vegas-style wedding halls a sign of changing times in war-ravaged Kabul
Canoe
By Tobi Cohen, THE CANADIAN PRESS | KABUL - If not for the men in traditional clothing pushing food carts through the traffic or the odd melon truck rolling past with someone sitting in the trailer atop the produce, you just might think you're on the...
Fed allows China's ICBC to open first US branch
The Times of India
|                 WASHINGTON: The Federal Reserve said on Tuesday it will allow China's largest lender, the Industrial and Commercial Bank of China, to open its first US branch in New York. | The Fed said ...
1,000MW power import agreement signed
The News International
Tuesday, August 05, 2008 | ISLAMABAD: Pakistan and Afghanistan on Monday signed CASA (Central Asia-South Asia) 1,000MW power transmission agreement with Central Asian States for the import of electricity from Kyrgyz Republic and Tajikistan. | Accordi...
 KLdy1 - Jan07 - CHNdy1 - China´s National Petroleum company. (dy1)
WN
Chinese oil group prepares to trump Indian bid
The Times
| Sinopec, the Chinese state-owned oil company, is understood to have approached Imperial Energy about making a bid that could trump an existing £1.3 billion offer for the London-l...
opium Drugs
Public Domain
UN: Afghan Drug Lords Being Helped
Time Magazine
| (KABUL, Afghanistan) — Afghan drug lords are increasingly converting opium into heroin at home with outside technical help and chemicals smuggled from abroad, the U.N. said ...
Robert Gates
AP / Kevin Wolf
Gates stresses ‘soft power’ to prevent extremism
Dawn
| By Josh White | WASHINGTON: Defence Secretary Robert Gates says that even winning the conflicts in Iraq and Afghanistan will not end the “Long War” against violent extremism and ...
Chinese oil group prepares to trump Indian bid
The Times
| Sinopec, the Chinese state-owned oil company, is understood to have approached Imperial Energy about making a bid that could trump an existing £1.3 billion offer for the London-listed energy group. | The oil refiner, also known as China Petroleum &...
Alternative Energy Trends and Implications for GCC Countries Alternative Energy Trends and Implications for GCC Countries
Daily Star Lebanon
| Monday, August 04, 2008 | GRC Report July 2008 | Alternative energy describes energy sources used as an alternative to fossil fuels. Generally, it indicates energies that are nontraditional and have low environmental impact. The term "alternative" ...
Iran blames weakening dollar for 30% increase in oil prices
Gulf News
| Colombo: The falling value of the dollar is to blame for around a third of the rise in the price of oil, Iran's Foreign Minister Manouchehr Mottaki said. | "Thirty per cent of the increase [in the price] of oil is because of the decrease in the val...
Mining
 india - tata - industry - hires - am1
(photo: WN / aruna1)
Tata Steel eyes mines buy in US, Africa and Australia
The Times of India
|                 MUMBAI: India's largest steel maker, Tata Steel, has identified raw material resources in America, Africa and Australia for acquisition to ensure that around 50 per cent of the requirement of Corus is met through captive sources. | "Tata Steel Group has identified the potential geograph...
Shipping
Gasoline Station
(photo: WN / Rubielyn Bunag )
The world's top car-owning countries
Canada Dot Com
| Despite its aggressive renewable energy policies, Europe's economy is getting more dependent on oil. The reason: cars. | And Europe is hardly alone. Although industrialized nations have less than 20% of the world's population, they also have over 80% of the world's motor vehicles -- cars and trucks. | Solar energy and wind power might be able to ...
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