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Electric stoves, heaters key for Japan’s N-utility

  Bloomberg The first Japanese utility to restart a nuclear reactor under post-Fukushima rules has restarted a campaign urging users to increase power consumption discontinued after the unprecedented triple meltdown in March 2011. Kyushu Electric Power Co., which expects at least two nuclear reactors to be online next year, aims to start a television advertising campaign to promote the adoption ...

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IMF warns of slow growth in Central Asia, Caucasus

  AP The International Monetary Fund has warned of weak growth prospects in Central Asia and the Caucasus and called for active reforms to energize the post-Soviet economies. In a report, the 189-nation IMF forecast economic growth in the region in 2016 at just 1.3 percent, the lowest estimate since 1998. The slowdown is mostly due to low commodity prices ...

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Data breach may hinder India’s quest to go cashless

  Bloomberg India’s quest to become a cashless economy has been dealt a blow by a data breach that compromised as many as 3.2 million debit cards. Prime Minister Narendra Modi urged Indians in a radio address in May to use cashless payments to discourage corruption and keep track of money. Convincing them may get harder after India’s national card ...

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