Tag Archives: After

Greek crisis eases after government reshuffle

ATHENS, Greece (AP) — Greek Prime Minister George Papandreou met the demands of his restive party by replacing his finance minister Friday in a broad cabinet reshuffle that won strong support from markets, optimistic that crucial austerity measures will now be passed.After two days of political chaos that threatened to bring down the government, Germany … Continue reading

Cannes bans Lars von Trier after Hitler remarks

CANNES, France (AP) — Danish filmmaker Lars von Trier was booted out of the Cannes Film Festival on Thursday for a bizarre, rambling news conference in which he said he sympathizes with Adolf Hitler.The comments had ignited shock from the moment they spilled out of the director’s mouth, causing Kirsten Dunst, an actress in his … Continue reading

Asian stocks up after Wall Street rally

BANGKOK (AP) — Asian stocks headed upward Wednesday after strong corporate earnings and rising consumer confidence sent Wall Street stocks to their highest levels in nearly three years.Japan’s Nikkei 225 rose 1.3 percent to 9,681.11, as stocks in the country’s behemoth export sector powered upward amid signs the yen was ceding to the dollar.Toyota Motor … Continue reading

Judicial review sought by solar firms after FIT review

A group of solar panel firms has come together to seek a judicial review after the government brought forward its review into feed-in tariffs (FITs).They argue that as the funding from FITs for solar arrays of more than 50kW has been reduced, hundreds of solar project will now have to be shelved as they will … Continue reading

Schwartzel wins the Masters after a wild day

AUGUSTA, Ga. (AP) — Charl Schwartzel should’ve known it was going to be a very good day at the very first hole.After spraying his second shot far right of the green, he pulled out a 6–iron, chipped the ball off a patch of trampled–down grass, and watched it roll and roll and roll — right … Continue reading

Editor’s Letter: After Japan

Tulsa, Oklahoma, USA — In the first moments after the earthquake, it appears that reactors across Japan successfully saw control rods inserted into their cores. Here the technology worked well. It was after the reactors came offline that systems began to fail. The primary culprits seem to be electromechanical in nature: the pumps, valves and … Continue reading

Shropshire eco village shelved after zero carbon ‘U-turn’

Plans to create a £2.8 million eco village have been shelved after the government made its U-turn on zero carbon homes. A target had been set to make all new homes zero carbon by 2016, but this goal was amended in March’s Budget to only apply to emissions from energy use in fixed heating and … Continue reading

Month after quake, Japan homeless move into houses

RIKUZENTAKATA, Japan (AP) — One month after a devastating tsunami flattened their homes, some families took a step toward normalcy and moved into temporary housing, while Japan’s prime minister promised Sunday to help fishermen along the devastated coast get back to their boats.Rows of 36 boxy, gray houses line a junior high school parking lot … Continue reading

Asian shares rise after strong US jobs report

TOKYO (AP) — Stocks lifted in Asia in early trading Thursday, after upbeat jobs figures in the U.S. buoyed shares on Wall Street overnight.Japan’s benchmark Nikkei 225 stock average rose 0.4 percent to 10,538.6, while South Korea’s Kospi jumped 1.3 percent to 1,953.8. Shares in Singapore and New Zealand were also higher.Australia’s S&P/ASX 200 index … Continue reading

Greece to hold T-Bill auction after rating cut

ATHENS, Greece (AP) — Greece is planning to hold a euro1.25 billion ($1.75its debt grade further below junk status billion) treasury bill auction, a day after its debt rating was downgraded once again.The auction of 26–week treasury bills is to due take place later Tuesday.On Monday, Moody’s slashed Greece’s junk rating by three notches to … Continue reading