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Friday, July 25, 2008 13:51 GMT

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FINANCE: U.S. Accuses Trading Firm of Manipulating Oil Market
By Abid Aslam
WASHINGTON - U.S. regulators are pressing charges against a global trading firm they accuse of manipulating the oil market, in a move that dovetails with heightened political agitation over rising energy and food prices.
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POLITICS-BOLIVIA: It’s All about the Gas Revenues
By Franz Chávez
LA PAZ - Revenues from Bolivia’s sales of natural gas, which have ballooned in the last few years, are now at the centre of the tense political polarisation threatening to tear the country apart and are a main motivation in the opposition’s attempt to undermine the leftwing government of Evo Morales.
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ENERGY: Solar Thermal Power Coming to a Boil
Analysis by Jonathan G. Dorn*
WASHINGTON - After emerging in 2006 from 15 years of hibernation, the solar thermal power industry experienced a surge in 2007, with 100 megawatts of new capacity coming online worldwide.
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OIL-CARIBBEAN: Petrocaribe Building ‘Anti-Crisis, Anti-Hunger Shield’
By Humberto Márquez
CARACAS - Seventeen countries in Central America and the Caribbean are to make down payments of only 40 percent on Venezuelan oil, while cooperating to expand their food supply, and calling on the North to take measures to curb speculation on futures markets, which is resulting in surging crude prices.
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FINANCE: Lobbyists Enlist Public in Commodities Speculation Fight
By Abid Aslam
WASHINGTON - Energy traders and oil-consuming businesses are enlisting the public in a tug-of-war over proposals to tame fuel and other commodity prices.
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INDIA/US: Deceptions Surface in Nuclear Deal
Analysis by Praful Bidwai
NEW DELHI - The Indian government has taken a major step towards completing its controversial nuclear cooperation deal with the United States by moving the Board of Governors of the International Atomic Energy Agency for approving an inspections (safeguards) agreement it signed last year with the IAEA secretariat pertaining to civilian nuclear reactors.
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ENVIRONMENT-EUROPE: On Your Green Bike
By Claudia Ciobanu
Sofia - A group of young people from several European countries are taking a cycling tour from Bulgaria to Turkey to show the world that travelling and a good life are possible without much energy consumption.
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Q&A: ‘Speculation Is Causing An Oil and Food Price Bubble’
Interview with Syrian Deputy Prime Minister Abdullah al-Dardari
DAMASCUS - The soaring prices of oil and food are the result of a huge new global speculative bubble, created to recoup the financial markets’ losses when the technological and real estate bubbles burst, Syrian Deputy Prime Minister for Economic Affairs Abdullah al-Dardari told IPS.
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ENVIRONMENT: Indians Close Ranks Against Dams in the Amazon
By Bernarda Claure*
LA PAZ - Indigenous communities in Bolivia and Brazil have declared an emergency in response to the construction of the Madera River Hydroelectric Complex, which Brasilia is pursuing even as independent research efforts try to measure the impacts of what will be one of South America's largest energy projects.
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ENVIRONMENT: German Leaks Raise More Nuclear Fears
By Julio Godoy
BERLIN - Confirmation that radioactive brine has been leaking for two decades from a German underground deposit for nuclear waste is yet another blow to the idea that nuclear power can safely increase electricity generation and simultaneously reduce emissions.
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ENERGY: Don't Write Off Biofuels Yet, Advocates Say
By Catherine Makino
TOKYO - Japan wants countries to reconsider biofuels as an alternative technology to fight climate change by using fuel cell cars at the Group of Eight (G8) Summit on Jul. 7-9. The vehicles will transport the leaders of the world's major industrialised nations when they gather on the northern Japanese Island of Hokkaido.
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ECONOMY: Little Comfort in U.S. Manufacturing Spurt
By Abid Aslam
WASHINGTON - An unexpected spurt in manufacturing activity is doing little to dispel the gloom that envelopes the U.S. economy midway through the year.
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ENERGY: IEA Sees Oil Demand Moderating, Defends Speculators
By Abid Aslam
WASHINGTON - The International Energy Agency (IEA) has cut its five-year forecast for global oil demand, saying high prices are forcing consumers to leave gas-guzzling vehicles in the garage.
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INDIA/US: Singh Pushes For Nuclear Deal
By Praful Bidwai
NEW DELHI - India’s Prime Minister Manmohan Singh has plunged his Congress party and the country’s ruling United Progressive Alliance (UPA) government into a grave crisis by staking his personal reputation on pushing through a U.S.-India civilian nuclear cooperation deal.
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POLITICS: Does Iran Have Bush Over a Barrel?
Analysis by Jim Lobe*
WASHINGTON - If U.S. President George W. Bush wants to boost Republican chances of holding on to the White House and keeping Democratic gains in Congress to a minimum in the November elections, he might consider taking an attack on Iran before the end of his administration "off the table".
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OIL: Prices Won't Be Falling Anytime Soon
By Omid Memarian
UNITED NATIONS - Although some policy-makers have blamed producing countries for steadily rising oil prices, many experts say more fundamental factors are a growing demand-supply imbalance, a weak dollar, and market speculation.
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The war in Iraq, fear of one in Iran. Uncertainties in Europe over gas dependence on Russia. Greenhouse gases and the consequent fear of climate change. The battle over sources to power development in Asia, Africa and Latin America. The nuclear option, and its own dangers. One crisis after another round the world is at heart an energy crisis.