November, 2018

• 27 November

  DWTC leads with energy diversification initiatives

  

  Dubai / WAM Dubai World Trade Centre (DWTC), continues its commitment to support Dubai’s vision for leadership in energy security and efficiency through its energy diversification initiatives. In line with the Dubai Clean Energy Strategy’s aim of generating 75 percent of its energy consumption from clean sources by 2050, the DWTC is championing a range of resource and energy optimisation ...

  Read More »
• 27 November

  Ramaphosa holds aces in countdown to S African vote

  

  Bloomberg As South Africa’s ruling party battles to bounce back from a succession of scandals and extend its quarter-century monopoly on power in next year’s elections, it has a key advantage: a wounded opposition. By forcing the unpopular Jacob Zuma to stand down as president in February, the African National Congress deprived the Democratic Alliance (DA) and Economic Freedom Fighters ...

  Read More »
• 27 November

  Mueller ‘ruining lives’ as Manafort accused of lies, claims Trump

  

  Bloomberg President Donald Trump said Robert Mueller is behaving “viciously,” a day after the special counsel accused Trump’s former campaign chairman of lying in breach of an agreement to cooperate with authorities. In one of his most sustained and rambling attacks yet, Trump said on Twitter that Mueller is “ruining lives” as punishment against witnesses who he said refuse to ...

  Read More »
• 27 November

  Ukraine partially imposes martial law after Russia flare-up

  

  Bloomberg Ukraine imposed martial law in some regions a day after its navy was fired on by Russia in a major re-escalation of hostilities that drew condemnations of the Kremlin from the US and the European Union. President Petro Poroshenko said martial law was needed to ready Ukraine for potential further Russian aggression amid fears Sunday’s incident near Crimea would ...

  Read More »
• 27 November

  No takers for May ‘Brexit’ in Belfast

  

  Bloomberg As Theresa May flies into Northern Ireland to sell her Brexit plan, the Democratic Unionist Party is uniting behind leader Arlene Foster’s opposition to the deal. May was in Belfast to drum up support for her accord, which the DUP say imperils Northern Ireland’s place in the UK by potentially tying the region to European Union rules indefinitely. “The ...

  Read More »
• 27 November

  Thailand ousted party is voters’ first choice

  Bloomberg The party linked to ousted former premier Thaksin Shinawatra remains a “dominant force” in Thailand and leads in polling by an opposition party ahead of a general election expected next year. About 17 percent of 9,000 people surveyed across Thailand last month said they would vote for the Thaksin-linked Pheu Thai party that was overthrown in a military coup ...

  Read More »
• 27 November

  Africa LNG set to surge as floating projects cut time to reach market

  

  Bloomberg Africa is on the cusp of a liquefied natural gas (LNG) boom. That’s in part due to accelerating global demand. It’s also down to a fast-track method of getting the fuel to market. Kosmos Energy Ltd’s project in Mauritania and Senegal, set to get the go-ahead next month, will use a floating vessel to convert gas from the offshore ...

  Read More »
• 27 November

  LNG is becoming more like oil market

  Bloomberg Some liquefied natural gas (LNG) sellers aren’t in a rush to deliver their multimillion-dollar cargoes. With uncertain demand and no signs yet of bitter cold, some traders are preferring to keep their fuel inside vessels in the hope prices will rise. While the sight of stationary cargoes might not be unusual in the more-established oil market, technology has only ...

  Read More »
• 27 November

  Clean power wins in emerging markets

  Bloomberg Developing countries have added more clean power capacity than fossil fuel generation for the first time ever, charging ahead of wealthier nations in the global green energy push, according to Bloomberg NEF. Wind and solar generation accounted for just over half of the 186 gigawatts of new power capacity in developing nations last year, according to BNEF’s annual Climatescope ...

  Read More »
• 27 November

  US likely to go ahead with China tariff increase: Trump

  

  Bloomberg President Donald Trump said he’ll likely push forward with plans to increase tariffs on $200 billion of Chinese goods, indicating he would also slap duties on all remaining imports from the Asian nation if negotiations with China’s leader Xi Jinping fail to produce a trade deal. Trump, in an interview with the Wall Street Journal published on Monday, said ...

  Read More »