Singapore, Singapore | AFP | Oil prices fell in Asia Friday as the prospects of higher output from Libya and Nigeria further fuelled oversupply concerns, cutting short a nascent rebound. Both contracts rose Thursday on news that 6,000 barrels of gasoline had leaked from the Colonial pipeline that carries fuel …
Read More »July was Earth’s hottest month in modern times
Miami, United States | AFP | Soaring temperatures worldwide made July the Earth’s hottest month in modern times, setting a new high mark for global heat in 137 years of record-keeping, US government scientists said Wednesday. The report from the National Oceanic and Atmospheric Administration came just two days …
Read More »Oil continues decline on supply glut
Singapore, Singapore | AFP | Oil prices fell for a third day in Asia trade Thursday after figures showing high US crude stockpiles and increased Saudi production. Official US data on Wednesday showed a jump in crude inventories, taking by surprise investors who expected a drawdown in supply, pushing prices …
Read More »World oil prices sink further as glut worries return
Singapore, Singapore | AFP | Oil prices fell further towards the $40 mark in Asia Friday, extending losses to a seventh-straight day on renewed worries about a global supply glut, increased production. The commodity has slipped nearly 20 percent since its 2016 peak above $50 in early June as …
Read More »Brent oil falls below $50 as Nigeria ups production
Singapore, Singapore | AFP | Oil prices retreated in Asia Tuesday, with Brent easing below $50 on news of increased production from Nigeria following the repair of infrastructure damaged in militant attacks. Bloomberg News reported Tuesday that Nigeria, Africa’s biggest oil producer, pumped an average 1.53 million barrels a day …
Read More »Just 1% of world’s population holds almost half its wealth
Washington, United States | AFP | Just one percent of the world’s population can call themselves millionaires or richer. But together they hold almost half the world’s wealth, and their share is growing, according to a new study released Tuesday. Some 18.5 million households around the world have at least …
Read More »ICC urges LRA rebels to return home
The International Criminal Court (ICC) has urged members of the Lord’s Resistance Army to defect, as they will not be charged once they surrender. The ICC also clarified that only the cases of Joseph Kony or Dominic Ongwen are before the ICC. No other LRA member is subject to ICC …
Read More »Cypriot ex-wife recounts ‘black years’ with Egypt hijacking suspect
Nicosia, Cyprus | AFP | The Cypriot ex-wife of an Egyptian accused of hijacking a plane in a bid to see her has said their marriage was hell and he had shown no interest in her or their children since they separated. Marina Paraschou told the Phileleftheros newspaper that she …
Read More »Vatican set to approve Mother Teresa elevation to sainthood
Vatican City, Holy See | AFP | The Vatican committee that approves elevations to sainthood will meet Tuesday to consider a recommendation that Mother Teresa of Calcutta becomes Saint Teresa, the Holy See announced on Monday. With the long-awaited decision seen as a formality, Pope Francis is expected to sign …
Read More »Let’s save our world together
By Stéphane Gompertz France is set to host the most inclusive climate conferences ever organised We’re all under threat. Today we know that, because of our activities, the climate is out of kilter. The planet is warming, species are disappearing, sea levels are rising, and men and women are being …
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