U.S. Asks Business Leaders to Boycott Russian Meeting

The White House is discouraging business leaders from attending an economic summit in Russia later this month. The St. Petersburg International Economic Forum runs from May 22-24, and U.S. government officials are hoping to further isolate the Kremlin for its aggressive actions in Ukraine by keeping investors and capital away from Russia. According to several reports, White […]

Russian Pressure Has Slovakia Hesitating to Help Ukraine

In late April, Slovakia signed an agreement with Ukraine to reverse the flow of natural gas, allowing Ukraine to receive gas shipments in the event that Russia decides to cut off supplies. The deal could eventually open up an annual 10 billion cubic meters of natural gas capacity. About 40 percent of Europe’s gas from Russia flows through Slovakia, […]

Chinese Premier Announces Clean Energy Push

Chinese Premier Li Keqiang has restated the government’s plans to aggressively build clean energycapacity throughout the country in an effort to reduce air pollution. Li’s announcement, which he made on the central government’s website, comes as major Chinese cities have been suffering from catastrophic levels of smog. Li’s statement laid out plans to build new solar, […]

Fukushima Plant Springs New Leak

The Tokyo Electric Power Company (TEPCO) announced that 100 metric tons of highly contaminated water leaked from the site of its crippled nuclear power plant at Fukushima. The water apparently came from a storage tank where a valve had been left open. TEPCO said that it had stopped the leak and was confident that the water had […]

SEC Lashes Out at Wolves of Wall Street

The US Securities and Exchange Commission (SEC) has suspended 255 shell companies from trading from 3 February through 14 February to prevent “pump and dump” fraud, and stocks will not be relisted if companies fail to prove they are operational. The suspension took hold at the start of trading on 3 February and will end […]

UK to Launch Fracking Bonanza

The British government is preparing to offer up fracking licenses across some two-thirds of the UK’s entire territory for shale oil and gas exploration by next summer as London eyes the drilling of over 2,800 new wells. The shale push would have the potential to supply about 25% of the UK’s annual gas needs and […]

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