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Malaria in Widening Area Resists Drug, Study Finds

Malaria in Widening Area Resists Drug, Study Finds

Just last year, China added 102 gigawatts of generating capacity, as much as the entire capacity of France.

Beijing’s Bad Air Would Be Step Up for Smoggy Delhi

Trucks here burn diesel fuel contaminated with more than 130 times the pollution-causing sulfur that the United States allows in most diesel.

even if all of its past debts are forgiven.

But even if Greece’s debt had been completely wiped out, going from a primary deficit of 10% of GDP to a balanced budget requires massive belt tightening – and, inevitably, recession.

Nonetheless, Europe needs to be much more generous in permanently writing down debt and, even more urgently, in reducing short-term repayment flows.

In Push to Assert Rights, China Plans to Send 2nd Oil Rig to Waters Near Vietnam

though in fact many were owned by proprietors based in Taiwan

Officials say Johnson South Reef, which China seized in 1988 after killing about 70 Vietnamese soldiers or sailors in a skirmish, is the most developed of the islands so far.

“You get these occasional disconnects and start asking who’s right and who’s wrong,” said Daniel Morris, global investment strategist at TIAA-CREF.

“We think the equity market is right,” he said. “If that’s the case, bond yields are too low.”

“We’re constructive about the future and think all this intervention is going to work, but how much is priced in” to the stock market? So much, in his view, that “we’ve been selling into the strength,” he said.

Europe’s dangerous addiction to Russian gas needs radical cure

“It really boils down to this: no nation should use energy to stymie a people’s aspirations,” Mr Kerry said in Brussels, just as Russia’s Gazprom raised the price it charges Ukraine for gas.

Bernstein Research has calculated that to do so, Europe needs to eliminate 15 bcm of residential and industrial gas demand, invest $215bn and incur $37bn of annual costs in the form of higher-priced energy. That works out as $160 for every single person in Europe.

Death by Finance

First, emerging-market hype is just that. Economic miracles rarely occur, and for good reason. Governments that can intervene massively to restructure and diversify the economy, while preventing the state from becoming a mechanism of corruption and rent-seeking, are the exception.

the rapid industrialization that they engineered has eluded most of Latin America, the Middle East, Africa, and South Asia.

Africa’s Structural Transformation Challenge

As researchers at the African Center for Economic Transformation in Accra, Ghana, put it, the continent is “growing rapidly, transforming slowly.”

Fewer than 10% of African workers find jobs in manufacturing, and among those only a tiny fraction – as low as one-tenth – are employed in modern, formal firms with adequate technology. Distressingly, there has been very little improvement in this regard, despite high growth rates. In fact, Sub-Saharan Africa is less industrialized today than it was in the 1980’s. Private investment in modern industries, especially non-resource tradables, has not increased, and remains too low to sustain structural transformation.

The Triple-E is constructed in blocks that are sub-contracted, and at the shipyard they are assembled into the final vessel, which requires a great deal of precision and organization.

the Triple-E can travel 184 kilometres using 1 kWh of energy per tonne of cargo, whereas a jumbo jet travels half a kilometre using the same amount of energy per tonne of cargo. Compared to the average container ship on the Asia-Europe tradelane, where the ships will be deployed, the Triple-E is expected to emit 50% less CO2 per container moved.

Delhi Wakes Up to an Air Pollution Problem It Cannot Ignore