Word: fuel
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...this week by the election of a president who has publicly vowed to make energy a top priority. "Barack Obama, says Hoagland, "is not beholden to a group of friends who see the world within a 'Drill, baby, drill' mindset." EnergyHeadhunter's Clark echoes excitement over alternative-energy jobs: "Fuel cell technology is a strong area for recruitment right now," he says. (See pictures of the Top 10 scared traders...
Eastern Europe avoided the first wave of banking problems caused by the sub-prime mess, but as the global economy slows and credit dries up, there's plenty to cry about. Many of the region's capitals borrowed heavily to fuel the boom, and those bills are coming due. On Oct. 26, the International Monetary Fund (IMF) announced a $16.5 billion bailout for Ukraine, to prevent a run on its banks and shore up its currency. Three days later, the IMF agreed with the World Bank and the European Union on a $25 billion rescue package to restore confidence...
...future of coal will dictate the future of the climate. Plants in the U.S. that burn this low-cost, high-carbon fuel account for about 40% of the country's greenhouse-gas emissions, not to mention other air pollutants. Right now there are about 600 coal power plants in the U.S., and an additional 110 are in various stages of development. Without ways to capture the carbon burned in coal and sequester it underground, new plants all but guarantee billions of tons of future carbon emissions and essentially negate efforts to reduce global warming. "Business as usual can't continue...
...prime minister warned that the Pentagon must end its missile strikes against militants on Pakistani soil along the Afghan border, or risk losing its war on terror. "No matter who the President of America will be," Yousuf Raza Gilani told the AP earlier this week, continued strikes will fuel "anti-American sentiments." Such ire could doom Washington's efforts to rid Pakistan's lawless frontier of the Taliban and al-Qaeda forces that regularly launch attacks on U.S. and NATO forces in nearby Afghanistan. Highlighting how Afghanistan has eclipsed Iraq as a strategic issue, Baghdad didn't demand anything more...
Those Unending Wacky Obama Conspiracies, 10:30 a.m. E.T. Near rural Shanksville, Pennsylvania, where Flight 93 was brought down on 9/11, the Rev. Ron McRae continues to fuel conspiracy theories, right up to Election Day. The self-styled Anabaptist bishop, who gained the support at least one Congressman when he complained that the proposed Flight 93 memorial "Crescent of Embrace" honored Islam and pointed toward Mecca, has now supposedly interviewed Barack Obama's Kenyan grandmother to prove that the Democratic nominee is not a natural-born citizen. The interview is allegedly attached as an affidavit to a U.S. Supreme Court...