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Strauss-Kahn keeps France guessing on presidency

Strauss-Kahn keeps France guessing on presidency

If Dominique Strauss-Kahn is tempted to make an early exit from the International Monetary Fund to run for president of France, he will have found plenty of encouraging signs during a stay in Paris this week. The next election is not until 2012 and Strauss-Kahn would have many hurdles to overcome before even getting his […]
Uganda poised to become top-50 oil producer

Uganda poised to become top-50 oil producer

A deal last week has brought Uganda a step closer to becoming a significant oil producer, offering billions of dollars of fresh investment to develop newly discovered oilfields. Italian energy giant Eni said on Monday it had agreed to buy a stake in two large oil exploration blocks in Uganda for up to $1.5bn. For […]
Honduras coup tensions take toll on economy

Honduras coup tensions take toll on economy

Business was bad in Honduras even before the president was ousted in a June coup, unleashing months of political turmoil that have deepened the impoverished country’s economic woes. Honduras was already suffering from the recession in the US, its top trade partner, due to slack demand for its key clothing exports and a plunge in […]
US coal industry stakes survival on carbon capture

US coal industry stakes survival on carbon capture

A looming government clampdown on CO2 emissions is about to confront an already embattled US coal power industry with two stark options: capture carbon or die. Legislation from Congress or tough new regulatory demands could make it costly to spew greenhouse gases, posing a serious threat to the nation’s coal-fired power plants. With coal the […]