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Miesiąc: czerwiec 2010

BP fined $5.2 million for tribal lands inaccuracies

BP fined $5.2 million for tribal lands inaccuracies

BP America Inc. has been fined nearly $5.2 million for submitting „false, inaccurate and misleading” reports on energy production on Southern Ute Indian tribal lands in southwestern Colorado, the Department of Interior said Wednesday.

Taiwan-China trade agreement: A game changer

Taiwan-China trade agreement: A game changer

Taiwan finally gets to join the dynamic ring of fiery growth that has typified East Asia for the past decade. The island signed a trade agreement with China on Tuesday that ends its economic isolation and increases the chances for lasting peace in the Taiwan Strait.

Lighting up Africa

Lighting up Africa

In the Bugesera region of Rwanda — a land known for its sorghum farming and also its poverty — an experiment in capitalism is taking place. For lighting, most villagers here use kerosene lamps, which cause air pollution and lung disease and are a severe fire hazard. Annonciata Mukandekwe, a 50-year-old basket weaver, has a better idea. She spends an hour a day pedaling a small generator that charges LED lights. In her first two weeks in business, this widow…

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Deficit hawks score points at G-20

Deficit hawks score points at G-20

Leaders of the world’s most important economies agreed to ambitious targets for getting deficits under control, pledging to cut them in half by 2013, according to a statement made following the G-20 summit this weekend in Toronto.

Early signs of consensus at G-8 summit

Early signs of consensus at G-8 summit

The leaders of the Group of Eight world economic powers have taken the first steps toward a „broad consensus” on the need to balance growth with shrinking deficits, according to a senior White House official said Friday.

What the U.S. can learn from Canada at the G20

What the U.S. can learn from Canada at the G20

Toronto’s downtown core has already been locked down at a cost of nearly $1 billion for this weekend’s G8 and G20 summits, tightly scripted events that give face time to power brokers such as President Obama and Russian president Dmitry Medvedev. But while the streets resemble a northern version of Gitmo, the mood away from the chain link fences and security barriers has perhaps never been more ebullient.

After a year off, millionaires back in bloom

After a year off, millionaires back in bloom

The rich are rich again. After plummeting by a record amount in 2008, the number of millionaires in the world recovered last year despite ongoing weakness in the global economy, according to a new survey.