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Ensuring Food Security As Important to Britain’s Future As Energy Supply
Ensuring food security is just as important to Britain’s future as energy supply, Secretary of State for Environment, Food and Rural Affairs Hilary Benn told delegates at the Oxford Farming Conference today as he unveiled the Government’s food strategy,...
European Parliament Adopts Budget for 2010
The European Parliament has adopted the final EU budget for 2010, which will be €141.4 billion in commitments and €122.9 billion in payments. The main challenge for this year’s budget was to find the funding for the already agreed but not yet...
African Development Bank Loans South Africa €1.8 Billion to Tackle Energy Crisis
The African Development Bank (AfDB) has approved a €1.86 billion loan for South Africa’s energy utility company, Eskom Holdings Limited, to finance Medupi power project that will significantly boost the energy capacity of the country and the southern...
African Development Bank Group Approve €153m Loan to the Government of Botswana
The Board of Directors of the African Development Bank (AfDB) Group has approved a loan of €153 million to the Government of Botswana, to finance specific components of the Morupule B power station and associated transmission infrastructure, a release...
Nigerian Government Signs Wind Farm Agreement with French Company, VERGNET
The Nigerian government has signed an 18.5million euro agreement with a French company, VERGNET, to build a 10-megawatts wind farm in Katsina in northern Nigeria. According to a statement by the chief press secretary in Nigeria’s Ministry of Power,...
Italian Foreign Minister Says the E.U. Should Enhance Its Relations with Russia
Italian Foreign Minister Franco Frattini said on Saturday that the European Union (EU) should enhance the strategic nature of its relations with Russia. “Italy has been always stating and will always be that it is necessary to enhance strategic...
Sell Oil From the Strategic Petroleum Reserve to Lower Prices – Political Opinion
Like an endless rising tide, oil prices continue to climb. Beginning on January 2, when oil sold for $100 per barrel for the first time, price records have been shattered on almost a weekly basis. Some analysts predict that oil will sell for $150 per...Medvedev Blames U.S. For Economic Crisis, Offers Moscow’s Help
Russian President Dmitry Medvedev, in his first major speech on economics since taking office, has blamed the United States for the global economic downturn and offered Moscow’s help. Medvedev gave the keynote speech at the St. Petersburg Economic...
