Iran sits on what are thought to be the world’s largest gas reserves, yet can barely supply its own domestic demand. Since the United Nations-backed deal over Tehran’s nuclear program spurred the lifting of international sanctions, the country has strived to attract foreign investment in developing oil fields and upgrading …
your ad hereEnergy Giants Say Iran Needs $100 Billion for Gas Upgrade
Iran sits on what are thought to be the world’s largest gas reserves, yet can barely supply its own domestic demand. Since the nuclear deal lifted sanctions, the country has sought foreign investment in exploration and infrastructure. But will the hawkish stance of U.S. President Donald Trump put them off? …
your ad hereImagine a Day Without Immigrants in a Country Full of Immigrants
Immigrants in the United States have had a bad rap through a divisive presidential election. Now, with a new administration in the White House, there seems to be real consequences, ranging from travel bans to deportations. But immigrants are fighting back, and on Thursday in Washington, some businesses gladly suffered …
your ad hereTrump Visits Boeing Plant Where Workers Rejected Union
President Donald Trump is visiting a Boeing aircraft factory in South Carolina on Friday, just days after workers there rejected a bid to join the International Association of Machinists and Aerospace Workers. Trump will see the rollout of a new version of a wide-body jetliner, the Boeing 787-10 Dreamliner. Boeing …
your ad hereTrump to Visit Boeing Plant Where Workers Rejected Union
President Donald Trump is scheduled to visit a Boeing aircraft factory in South Carolina on Friday, just days after workers there rejected a bid to join the International Association of Machinists and Aerospace Workers. Trump is scheduled to see the rollout of a new version of a wide-body jetliner, the …
your ad hereEgypt’s Agricultural Exports Ripe for World Markets After Currency Float
Egypt’s agricultural exporters are seeing a surge in demand and finding new foreign markets only months after the currency was floated, with many rushing to expand capacity to keep up. Egypt’s pound has roughly halved in value since the central bank abandoned its peg of 8.8 to the dollar on …
your ad hereLockheed F-35 Jet Cost Could Drop 16 Percent, Pentagon Official Says
The cost of Lockheed Martin Corp’s F-35 stealth fighter jet could fall 16 percent to around $80 million in future purchases, according to the Department of Defense’s head of the program. In February, the Pentagon agreed to a deal for the tenth batch of the fighter aircraft at below $95 …
your ad hereTransCanada Files Keystone XL Route Application in Nebraska
TransCanada Corp, Canada’s No. 2 pipeline operator, filed an application with Nebraska authorities to route its Keystone XL pipeline through the state, after U.S. President Donald Trump cleared the way for the project last month. In November 2015, the pipeline company withdrew the route application it had made to the …
your ad hereTrump Chooses Acosta as Next Labor Secretary
President Donald Trump on Thursday nominated former National Labor Relations Board member R. Alexander Acosta to serve as U.S. secretary of labor, one day after Trump’s original choice withdrew. Acosta is dean of the Florida International University College of Law in Miami and is Trump’s first Hispanic nominee. Acosta has …
your ad hereSenate Confirms Mulvaney as Trump’s Budget Chief
The Senate Thursday confirmed President Donald Trump’s pick to run the White House budget office, giving the Republicans’ tea party wing a voice in Trump’s Cabinet. South Carolina Rep. Mick Mulvaney squeaked through the Senate on a 51-49 vote. Armed Services Committee Chairman John McCain, who’s emerging as perhaps the …
your ad hereUS Housing Starts Drop; Permits Rise to One-year High
U.S. homebuilding fell in January as the construction of multi-family housing projects dropped, but upward revisions to the prior month’s data and a jump in permits to a one-year high suggested the housing recovery remained on track. Other data on Thursday showed only a modest increase in the number of …
your ad here‘It Would Be Huge’ – US Border Town Confronts Possible Import Tax
For up to 16 hours a day, tomatoes, peppers, cucumbers and mangoes grown in Mexico flow north through a border checkpoint into Nogales, Arizona, helping to ensure a year-round supply of fresh produce across the United States. This is a city built on cross-border trade. Each year, some 330,000 trucks …
your ad hereSmall US Company Bucks a Trend, Adds Manufacturing Jobs
A rising tide of automation, trade problems and lagging growth in productivity have slashed millions of jobs from the U.S. manufacturing sector. At the same time, a small factory in Massachusetts has been hiring, expanding and exporting. Riverdale Mills hopes to grow further by making unusual products and building a …
your ad hereBrazil Hopes to Lure Back Billions in Foreign Assets With Amnesty
Brazil’s Lower House of Congress on Wednesday approved a bill that reopens a program providing an amnesty against criminal prosecution to Brazilians holding undeclared assets abroad if they pay tax and a fine. In a 303 to 124 vote, lawmakers approved legislation that is expected to yield 13.2 billion reais …
your ad hereImmigrants to Show Their Presence in US by Being Absent
Organizers in cities across the U.S. are telling immigrants to miss class, miss work and not shop Thursday as a way to show the country how important they are to America’s economy and way of life. “A Day Without Immigrants” actions are planned in cities including Philadelphia, Washington, Boston and …
your ad hereOutraged Brazilian Farmers in No Mood for Carnival Samba
The peace and love that generally abound during Rio de Janeiro’s Carnival festivities is threatened this year by a spat pitting a well-known parade troupe against Brazil’s powerful farmers because of development in the Amazon rainforest. Imperatriz Leopoldinense, one of the samba schools that march in the glitzy Carnival processions …
your ad hereUN Agriculture Official Links Aid to Farmers, Drop in Poverty, Migration
Training young farmers to turn agriculture into a business is key to eradicating poverty and curbing economic migration, the new president of the U.N. agricultural development agency said Wednesday. Three-quarters of the world’s poorest people live in rural areas, predominantly in Asia and sub-Saharan Africa, and many rely on farming …
your ad hereUS Lawmakers Grill Yellen on Interest Rates, Regulatory Policy
Republican lawmakers on Wednesday criticized Federal Reserve Chair Janet Yellen’s stewardship of the U.S. economy and urged her to halt work on financial regulation until President Donald Trump names new policymakers to the central bank. In a tense hearing before the House of Representatives’ Financial Services Committee, Republicans made clear …
your ad herePipeline Executive Compares Dakota Protesters to Terrorists
A top executive at the company building the controversial Dakota Access pipeline is comparing pipeline opponents to terrorists. Joey Mahmoud, executive vice president of Texas-based Energy Transfer Partners, says protesters have “assaulted numerous pipeline personnel,” destroyed millions of dollars’ worth of construction equipment and even fired a pistol at law …
your ad hereIran: Trump Stance Won’t Derail Foreign Investment in Oil, Gas
Iran’s deputy minister for petroleum says the hawkish stance taken by U.S. President Donald Trump on the Iranian nuclear deal is a “passing hiccup” that should not affect foreign investment in the country’s energy sector. Amir Hossein Zamaninia made the remarks Wednesday at the CWC Iran LNG and Gas Partnerships …
your ad hereNew Labor Laws in Chile Embolden Striking Miners
Workers at the world’s largest copper mine in Chile are digging in for a long strike, emboldened by new labor laws that are likely to result in tough wage negotiations in the industry in 2017 in one of Latin America’s most free-market economies. The 2,500-member union at BHP Billiton’s Escondida …
your ad hereWorkers Reject Union at Boeing Plant in South Carolina
Three-quarters of the nearly 3,000 workers at a Boeing aircraft factory in South Carolina voted to reject union representation on Wednesday. Boeing said in a statement that 74 percent of the 2,828 votes cast were against joining the International Association of Machinists and Aerospace Workers. The factory builds some of …
your ad hereChina Moves Into Cuba as Venezuela Fades, Trump Looms
From buses and trucks to a $500 million golf resort, China is deepening its business footprint in Cuba, helping the fellow Communist-run state survive a crisis in oil-benefactor Venezuela and insulate against a possible rollback of U.S. detente. Cuban imports from China reached a record $1.9 billion in 2015, nearly …
your ad hereVenezuela Prosecutors Raid Odebrecht Offices in Bribe Probe
Venezuelan authorities raided the Caracas offices of Odebrecht on Tuesday, as prosecutors deepened a probe into the Brazilian construction firm that has admitted paying some $98 million in bribes to obtain government contracts in Venezuela. “The investigation is aimed at clarifying the situation and determining if the projects for which …
your ad hereCould Restoring Latin America’s Cloud Forests Boost Hydropower?
The mist-enshrouded cloud forest canopies dotting the mountains of Latin America have been degraded by encroaching cities and farms, but convincing hydropower operators to pay for their restoration could increase water flows and boost energy security, analysts say. Research done for the Cloud Forest Blue Energy Mechanism, an early-stage project …
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