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Is Europe's gas supply threatened by the Ukraine crisis?

more than a quarter of the EU's total gas needs were met by Russian gas, and some 80% of it came via Ukrainian pipelines. Austria, France, Germany, Hungary, Italy and Poland soon reported gas pressure in their own pipelines was down by as much as 30%.

While it was eventually resolved through a complex deal that saw Ukraine buying gas from Russia (at full price) and Turkmenistan (at cut price) via a Swiss-registered Gazprom subsidiary

Wind Industry’s New Technologies Are Helping It Compete on Price

The Dollar Value of an Extra Year of Life

There are successful plants harvesting heat from deep hot rock in Australia, Europe and Japan,

The generating capacity by 2050 could be 100 billion watts, about 10 percent of the country’s current generating capacity

The banks’ plight arises from mounting losses on their loans. Between the middle of 2012 and of 2013, the ratio of non-performing to total loans rose from 13.2% to 17.4%, which is the highest level in the euro zone after Greece and Ireland (see chart). The bad debts have been incurred predominantly through lending to businesses.

Only the state can provide the funds needed to recapitalise the banks. It wants them to transfer a big chunk of their bad loans to a state-run “bad bank”, for much less than their original value.

In this respect Slovenia is a textbook case of the problem that has plagued other parts of the euro zone: the link between weak banks, which governments end up recapitalising at great expense, and weak government finances.

Cross-border capital flows abruptly collapsed. Almost five years later, they remain 60% below their pre-crisis peak.

After expanding across national borders with the creation of the euro, eurozone banks have now reduced cross-border lending and other claims within the eurozone by $2.8 trillion since the end of 2007. Other types of cross-border investment in Europe have fallen by more than half. The rationale for the euro’s creation – the financial and economic integration of Europe – is now being undermined.

Current trends seem to be leading toward a more fragmented global financial system in which countries rely primarily on domestic capital formation. Sharper regional disparities in the availability and cost of capital could emerge, particularly for smaller businesses and consumers, constraining investment and growth in some countries. And, while a more balkanized financial system does reduce the likelihood of global shocks creating volatility in far-flung markets, it may also concentrate risks within local banking systems and increase the chance of domestic financial crises.

Working with five local high schools and a career center in Aiken County, S.C. — and a curriculum nearly identical to the one at the company’s headquarters in Friedrichshafen — Tognum now has nine juniors and seniors enrolled in its apprenticeship program.

Since 2008, the number of apprentices has fallen by nearly 40 percent, according to the Center for American Progress study.

Some 330 types of apprenticeships are accredited by the government in Berlin, including such jobs as hairdresser, roofer and automobile electronics specialist. About 60 percent of German high school students go through some kind of apprenticeship program, which leads to a formal certificate in the chosen skill and often a permanent job at the company where the young person trained.

That ‘Made in U.S.A.’ Premium

Lien Phat Ltd.'s factory,

Its supplies are imported. “I mainly take orders from international corporations, who give us materials and designs,” said Truong Thi Thuy Lien, the owner of Lien Phat. “Usually the clients will designate us to certain suppliers, most of them are in China.”

Global Coal Use Predicted to Keep Growing

Hewlett-Packard, which turns out over 50 million computers a year through its own plants and subcontractors, makes many of its larger desktop personal computers in such higher-cost areas as Indianapolis and Tokyo to save on fuel costs and to serve business buyers rapidly.