Clouds gather over Spain's renewables sector as aid cut
Spain's push to become a world leader in renewable energy risks collapsing after the government slammed the brakes on generous subsidies as part of an austerity drive.
Spain's push to become a world leader in renewable energy risks collapsing after the government slammed the brakes on generous subsidies as part of an austerity drive.
Energy & Green Tech
Feb 2, 2012
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The overuse of financial contracts known as derivatives – which were designed to help companies hedge against risk – was widely blamed for triggering the economic crisis of 2008. None other than Warren Buffet has attacked ...
Economics & Business
Jan 31, 2014
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The German IT sector headed into the world's biggest high-tech fair in bullish mood, seeing record sales in 2012 ahead of the event's inauguration Monday by the leaders of Germany and Brazil.
Business
Mar 5, 2012
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(AP) -- Airlines will be seeking a cleaner, cheaper way to fly and planemakers will be angling for billions in new contracts Monday at the Paris Air Show, which stars a solar plane, biofuel jet engines and the Boeing-Airbus ...
Engineering
Jun 20, 2011
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Financial innovation is supposed to reduce risk—in theory, at least. Yes, new financial instruments based on the housing market helped cause the financial crisis of 2008. But in the abstract, those same instruments have ...
Economics & Business
Aug 26, 2013
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With social network sites and smartphone apps making rapid inroads into the fashion world, observers say Italy risks falling behind even as its luxury brands feel the pain from the economic crisis.
Internet
Feb 23, 2012
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(AP) -- Microsoft Corp. said Thursday its profit in the last quarter plunged 29 percent because of weak computer sales, ending a fiscal year in which the software maker's revenue fell for the first time since the company ...
Business
Jul 23, 2009
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On February 24, 2022, the Russian invasion of Ukraine escalated a dramatic conflict, with devastating effects both in human costs on the ground and international impact. Beyond the immediate reaction of world stock markets, ...
Economics & Business
Feb 24, 2023
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(PhysOrg.com) -- A bailout by neighboring emirate Abu Dhabi has apparently stabilized Dubai’s financial crisis. But the longer-term economic impact—on Dubai and other nations—could grow more serious.
Economics & Business
Dec 21, 2009
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When a 7.0 earthquake reduced Haiti to rubble, sparking one of the biggest international aid efforts in history, some experts predicted it would take the country a decade to get back to its feet.
Social Sciences
Jan 14, 2020
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