Section: Business Insider (USA)
Miners are down, but they’re nowhere near out
TORONTO – “This is the worst I’ve seen in 30 years.” The scene was the recent Sprott-Stansberry Natural Resource Symposium in Vancouver. The subject was mining equities. And the opinion was becoming familiar… The price of gold is down by about 8% over the last five years. Precious metals miners, as measured by the Market Vectors Gold...
Boeing is not making any definitive statements about MH370 debris (BA)
This week, debris believed to belong to Malaysia Airlines Flight 370 washed up on the shores of Reunion Island in the Indian Ocean. According to CNN, investigators from Boeing — the plane’s manufacturer — conducted a photo assessment of the wreckage and were able confirm an indentification number that corresponds with a Boeing 777 part. As...
France and Russia reached a compensation deal for the $1.3 billion Mistral warships
MOSCOW/PARIS (Reuters) – France and Russia have reached a compensation deal for the cancellation of the delivery of two French-made Mistral helicopter carriers, according to Russian media reports. “The talks are already over, everything is already decided – both the timeframe and the sums,” Vladimir Kozhin, an adviser to...
Russia says it’s getting a refund for the warships France won’t hand over to them
Russia’s order of two Mistral helicopter carrier ships has been a constant headache for the French government. The sale of the ships was agreed in 2010, then put on hold in 2014 when Russian military forces annexed Crimea, which had until then been a part of Ukraine. In November last year President Francois Hollande confirmed that the sale...
Final 2022 Games showdown for Beijing, Almaty
Kuala Lumpur (AFP) – Beijing and Almaty went head-to-head on Friday, wheeling out sporting and political leaders in a final showdown to secure the right to host the 2022 Winter Olympics.China’s President Xi Jinping promised a “fantastic” Games if Beijing was chosen. The former Kazakhstan capital sought to exploit...
Island nations seek UN help combatting climate change
United Nations (United States) (AFP) – More than a dozen small island nations made an urgent appeal to the UN Security Council for help in combatting climate change, which they said poses a threat to their very existence.The Council — more typically a forum for heated debates on the plight of refugees in Syria or efforts to stem the...
Putin just signed a decree ordering the ‘destruction’ of all Western imported food
Russian President Vladimir Putin signed a decree Wednesday ordering the “destruction” of all food brought into the country against import bans on Western products. The import bans were part of sanctions instituted in 2014 in response to Western sanctions on Russia over the Ukraine crisis, and they have greatly disrupted the daily...
Google is going to be able to tell you which roads are the most polluted using Street View cars
Google Earth has given us tours of deserts, shipwrecks, fictional lands like Middle Earth, and even revealed to us lies about gunned down passenger planes. In its latest move, Google joined forces with Aclima, a startup that creates environmental sensors, to monitor air quality in urban environments using Google’s Street View vehicles on...
Beijing, Almaty make final pitch for Winter Olympics 2022 votes
Kuala Lumpur (AFP) – Beijing and Almaty made their final bids for the 2022 Winter Olympics with China’s basketball legend Yao Ming countering Kazakhstan’s prime minister in the battle to sway decision-makers ahead of Friday’s vote.China, because of its political and economic clout, is the strong favourite in the smallest...
Russia opens trial against Ukrainian aviator
Donetsk (Russia) (AFP) – Jailed Ukrainian pilot Nadiya Savchenko went on trial in Russia Thursday in a politically charged case that could send ties between Moscow and Kiev to a new low.The 34-year-old helicopter navigator faces up to 25 years in prison for her alleged involvement in the killing of two Russian journalists in eastern Ukraine...
