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29d06/18⚠ war-conflict · 3/5

Australia’s Renewable Project Pipeline Is Booming

Following government tenders for nearly 10 gigawatts of new renewable energy capacity, Australia’s pipeline of probable clean energy projects jumped by about 30% to as much as 32.3 GW in the biggest surge on record. The total of accredited, committed, and probable projects have now soared to nearly 70 GW as Australia continues to award tenders for wind, solar, and battery energy storage projects, Bloomberg reported on Thursday, citing data compiled by Australia’s Clean Energy Regulator. Granted,

◇ unclassifiedmiddle-east · russia · usa
29d06/18

Cats rescued from slaughter in Vietnam spotlight enduring pet meat trade

A Vietnamese police operation rescued about 400 pet cats destined for the dinner plate, uncovering a nationwide racket fuelling the country’s rampant pet meat trade that uses a criminal corridor running from the south to the north. Hundreds of desperate cat owners rushed to a Ho Chi Minh police headquarters over the weekend to see if their lost pet was among the cats rescued from traffickers by police. In what is believed to be one of the largest busts of its kind, police said the cats were...

◇ unclassifiedchina · asia
29d06/18

China tests future of shipping on its next major trade corridor: a US$10 billion canal

Trials are under way in China to roll out autonomous navigation and other smart shipping solutions to slash logistics costs ahead of the opening of the landmark Pinglu Canal, which will link its landlocked southwestern regions to Southeast Asia to spur trade and connectivity. Intelligent barges and other vessels have been tested on the artificial waterway in the Guangxi Zhuang autonomous region since Wednesday, as part of preparations for the commissioning of the roughly US$10 billion...

◇ unclassifiedchina · asia
29d06/18

UK envoy to China visits Yanan, historic party site rarely seen by Western officials

The British ambassador to China has paid a rare visit to a Chinese communist heartland where President Xi Jinping performed hard labour as a young man. Ambassador Peter Wilson on Wednesday visited Yanan in the northwestern Chinese province of Shaanxi along with Lu Kang, vice-minister of the Communist Party’s International Department, the department said. State newspaper China Daily said Wilson made the trip at the invitation of the International Department. The two men toured the former...

◇ unclassifiedchina · asia · uk
29d06/18⚠ war-conflict · 1/5

Liquidate your current portfolio to get out of a loan more quickly?

I'm interested in how you would handle the following situation: When I moved into my new apartment two years ago, I was borrowed €7,500 from my aunt, among other things for the deposit, furnishings and start-up assistance after my studies. I repay the debt in monthly installments of €180 interest-free. There are currently around €3,500 still outstanding. I will promptly receive a bonus that, together with the current value of my portfolio (approx. €1,500, FTSE All-World), could resolve the loan. On

Social◇ unclassifiedgermany · usa · europe
29d06/18⚠ war-conflict · 3/5

Trump lashes out at ‘fools’ who criticise his new Iran peace accord

US President Donald Trump lashed out at critics of his agreement with Iran on Thursday, calling those who accused him of offering concessions to end the war “fools”, ahead of negotiations in Switzerland on implementing the deal. Oil prices tumbled after Trump and his Iranian counterpart separately signed their accord to end the Middle East war, with the Strait of Hormuz to reopen but two months of negotiations lying ahead. In a sudden development after uncertainty over when the deal agreed...

◇ unclassifiedchina · asia · middle-east
29d06/18⚠ shipping-routes · 3/5

Argus: U.S-Iran Deal Won’t Lead to One-Way Traffic to Plunging Oil Prices

The uncertain pace of supply recovery in the Middle East and the continued rapid drawdowns of global inventories make the case that oil price volatility would drag on during the 60-day U.S.-Iran negotiation window, David Fyfe, Chief Economist at Argus Media, told CNBC on Thursday. As the U.S. and Iran formally signed an agreement to reopen the Strait of Hormuz, oil prices continued their slide this week and Brent Crude was as trading at around $77 per barrel in Asian trade on Thursday, as the ma

◇ unclassifiedmiddle-east · russia · usa
29d06/18

UK court jails 2 Hongkongers tied to trade office for up to 10 years for spying

Two men linked to the Hong Kong Economic and Trade Office in London have been jailed for up to 10 years for spying on activists in a case that escalated into a diplomatic row between China and Britain. Bill Yuen Chung-biu, an office manager at the Hong Kong Economic and Trade Office, was sentenced to eight years in prison for assisting a foreign intelligence service on Thursday. Co-defendant Peter Wai Chi-leung, a security firm operator and former part-time UK Border Force officer, was...

◇ unclassifiedchina · asia · usa
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