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Recycling Carbon Dioxide With Hopes of Reducing Oil Dependence

Recycling Carbon Dioxide With Hopes of Reducing Oil Dependence

Carbon dioxide gets a bad rap. Out of all the waste gases produced by human activity — manufacturing, agriculture, electricity production, transportation — carbon dioxide is the biggest byproduct and is fingered as the leading culprit behind global warming. In fact, it accounts for 76% of all annual global greenhouse gas emissions, according to the […]

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How Much Longer Can Google Escape The UK Tax System?

How Much Longer Can Google Escape The UK Tax System?

Google pays a paltry amount of tax in the UK. How long can it get away with doing so? Every year when Google files its documents with Companies House, a fresh wave of outrage follows at the small size of its tax bill. The UK is Google’s second largest market, with $4bn in sales coming […]

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Davos 2016: CEO’s Very Gloomy on Economic Growth

Davos 2016: CEO’s Very Gloomy on Economic Growth

Global chief executives are more pessimistic about growth than this time last year, according to a survey. Only 27% of interviewees thought growth would improve, against 37% in 2015, the report by consultants PwC showed. Business leaders are increasingly worried about geopolitical risks, as well as China’s economic slowdown and the falling oil price. The […]

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US Stocks Dive As Oil Price Falls Back Below $30 A Barrel

US Stocks Dive As Oil Price Falls Back Below $30 A Barrel

The losses wiped out the gains recorded on Thursday, when a small rebound in the oil price had sparked a recovery. The Dow Jones Industrial Average was down 356.86 points, or 2.2%, at 16,022.19. The S&P 500 index dropped 39.04 points, or 2%, to 1,882.80, while the Nasdaq index shed 100.82 points, or 2.2%, to […]

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Violence Hurts Bethlehem’s Christmas Tourism Business

Violence Hurts Bethlehem’s Christmas Tourism Business

Hotel owners are struggling to fill beds, as violence continues in Israel and the occupied Palestinian territories. Tourism to Bethlehem is down this Christmas, the mayor of the city revered by Christians as the birthplace of Jesus said, as violence continued to grip Israel and the occupied Palestinian territories. Bethlehem’s hotel owners are struggling to […]

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The Biggest Loser From A Stronger Dollar May Be China, Not The U.S.

The Biggest Loser From A Stronger Dollar May Be China, Not The U.S.

The biggest loser from a stronger dollar may be China, not the U.S. And that’s why some economists predict the Asian nation will loosen its currency’s link to the greenback and allow the yuan to depreciate. The People’s Bank of China took what may be a small step in that direction on Wednesday when it […]

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Terror Attack That Brought Paris Economy To A Halt

Terror Attack That Brought Paris Economy To A Halt

Again, horror in Paris. Bodies are counted, lying on streets. Friends and families make frantic calls, panic spreads. A nation is in trauma. A year that started with the Charlie Hebdo tragedy ends with a new, even more dramatic onslaught. As events continued to unfold, with dozens dead in shootings and explosions, it was already […]

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TPP deal: US and 11 Other Countries Reach Landmark Pacific Trade Pact

TPP deal: US and 11 Other Countries Reach Landmark Pacific Trade Pact

Trans-Pacific Partnership – the biggest trade deal in a generation – would affect 40% of world economy, but still requires ratification from US Congress and other world lawmakers Analysis From cars to cough medicine: why the Trans-Pacific Partnership matters to you After five years of talks, a wide-ranging trade deal is close between Pacific rim […]

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So, Is Catalonia Really About To Break Away From Spain?

So, Is Catalonia Really About To Break Away From Spain?

Catalans head to polls on Sunday for one of the more unusual and important regional elections of recent times. For many Catalans, the Sept. 27 ballot is the definitive vote on independence from Spain that they were denied last year by the Constitutional Court. For the central government in Madrid, it’s a flight of fancy […]

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Bears Miss Gold’s Best Rally Since June as Analysts See Declines

Bears Miss Gold’s Best Rally Since June as Analysts See Declines

Investors stayed bearish on gold before its biggest rally since June, missing out on what some analysts predict could be the last of the good times for bulls. Bullion jumped last week after China unexpectedly devalued its currency, roiling global markets and boosting the appeal of haven assets. Still, some of the metal’s best forecasters […]

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