Dec 16, 2014

Denmark claims North Pole via Greenland ridge link

Scientific data show Greenland’s continental shelf is connected to a ridge beneath the Arctic Ocean, giving Danes a claim to the North Pole and any potential energy resources beneath it, Denmark’s foreign minister said. Foreign Minister Martin Lidegaard said Denmark will deliver a claim ...

Dec 12, 2014

'Catastrophic' Bangladesh oil spill threatens rare dolphins

An oil spill from a sunken tanker in Bangladesh is threatening endangered dolphins in the vast Sundarbans delta, officials warned Thursday, calling it an ecological “catastrophe.” The tanker was carrying an estimated 357,000 liters (77,000 gallons) of oil when it sank in the Sundarbans’ ...

Dec 7, 2014

Britain to boost military presence in Persian Gulf

Britain has signed a deal with Bahrain that will bolster the United Kingdom’s military presence in the island nation and give it permanent naval base in the oil-rich Persian Gulf region, officials announced Saturday. The agreement marks a strategic shift for Britain, which formally ...

October trade deficit narrows on 10% surge in exports

Nov 20, 2014

October trade deficit narrows on 10% surge in exports

The trade deficit narrowed sharply in October, data showed Thursday, as a weaker yen boosted exports while lower oil prices brought down Japan’s massive energy bill. The figures marked a bright spot among otherwise gloomy recent data, including GDP figures earlier this week that ...

Nov 18, 2014

Japan's recessionary slide hits stocks, oil worldwide

Data showing Japan slipped into recession in the third quarter raised concerns Monday about global economic health, hitting stocks and the price of oil. Before recovering slightly, European shares fell, and Wall Street looked set to open lower, according to index futures . The ...