Nearly three decades after Britain waged a war in the Falklands, a British exploration company has discovered oil there. Argentina is not happy.
Since 2006 when President Felipe Calerdon took office in Mexico, more than 30,000 people have been murdered or killed in the deadly drug war that wages just across America's southern border. That figure is staggering, but it’s not news. The “big surprise” could actually come next year says, Chris Edmonds, managing partner at Enerecap Partners, an energy-focused boutique research and banking firm. “U.S. troops [might be] committed to Mexico to try to help” quell the raging violence.
Over the next 15 years China is expected to build the equivalent of New York City -- 10 times over. That's a lot of concrete and steel, and it goes a long way to explaining why the country is using so much energy.
The International Energy Agency warned Tuesday that governments aren't doing enough to prepare for the next spike in energy prices. The Paris-based IEA said more must be done to increase energy efficiency and boost green technologies in order to meet what it predicts will be a 36 per cent jump in energy demand — increasingly driven by China — between 2008 and 2035.