Global Natural Gas Markets In A Period Of Transition
Just a decade ago, the oil and gas industry was preparing for a structurally transformative change in which the United States would become a major importer of liquefied natural gas (LNG) supplies from the Middle East, Africa, Russia, and other distant locations. This hailed a dramatic shift in how disparate regional markets would become increasingly linked through trade, with the US becoming a major consumer of global natural gas. However, recent upstream developments in North America have shaken the Magic 8-Ball that is the global energy market, and everyone is scrambling for a view of what will come next. The US is now considered a possible exporter of LNG, and perhaps even crude oil, which was an unthinkable notion just a decade ago.
Next-Gen Solar Panels Are Nearly Invisible To The Naked Eye
It’s hard to see the latest solar panel technology — which is kind of the point. Researchers at Michigan State University have developed a new type of solar panel that is almost completely transparent. It harnesses solar energy using organic molecules, which glow when exposed to sunlight.The panels utilize infrared light with tiny photo-voltaic strips around the edges of the pane. Richard Lunt, a member of MSU's research group, says they are looking to improve the experience. Currently, the new panels convert about 1% of the light that passes through them to energy.
Funds Could Face Market Curbs After Lobbying Backfires
Industry sources and G20 officials said fund managers may face tougher scrutiny by global regulators than planned, after their intense lobbying against a first proposal backfired. The sources told Reuters that a global G20 task force is rethinking its initial approach, which involved targeting the biggest funds, and could opt for a more intrusive method that would affect more funds by limiting their market activities during periods of turbulence. The plans are part of an international effort to prevent financial crises. A European asset management industry source said, "The industry fears it may have shot itself in the foot as FSB--the regulatory task force--is coming back with an even more radical proposal."
Jackie Chan "very Ashamed" Of Son After Weed Bust In China
Jackie Chan says he's "very ashamed" of his son Jaycee -- claiming his 31-year-old son humiliated his family after getting busted for pot in China. Now, his famous father has penned a bizarre letter to the public -- blasting his kid and essentially saying he failed as a father. Chan wrote, "As a public figure, I feel very ashamed; as his dad, I'm very sad and disappointed.
Madonna's VMA, 'Evita' Items Are Up For Auction
Get ready to dance in Madonna's old clothes. Julien's Auctions announced Tuesday that items from the pop icon's personal and professional life will be auctioned Nov. 7-8. Pieces from her "Material Girl," ''Music" and "American Pie" music videos will be offered during the Icons & Idols: Rock n' Roll auction in Beverly Hills, California. More than 30 items from the 1996 film Evita will also be available.
David Letterman Remembers Robin Williams
David Letterman talked at length on Monday night in a loving tribute to his friend Robin Williams, sharing stories and photos and thoughts of the comedian he said he had known for 38 years. “It was like nothing we had seen before. … We’re like morning dew and he comes in like a hurricane. Honest to God, you thought holy crap here goes my chance at show business… “ But Letterman really got to know him when he would come on his show. “It was just a pleasure to know the guy.”
Apple Stock Hits New All-Time High
Apple is back on top — at least on Wall Street. Apple's stock topped its previous split-adjusted all-time intraday trading high of $100.72 in early trading Wednesday. The stock went as high as $100.77, pushing its market cap back above $600 billion, before the stock price dipped back down slightly. In recent months the stock has been on the rise thanks to the stock split, increased buybacks, positive earnings results and, of course, a wealth of new rumors about its product pipeline. Apple is widely expected to introduce new, larger iPhones at a launch event next month as well as to enter its first new product market in four years with the launch of a smartwatch, commonly referred to as the iWatch. These upcoming launches, combined with some notable recent hires like Angela Ahrendts to head retail and Jimmy Iovine from Beats, has helped renew optimism on Wall Street.
AP Analysis: Steep Obstacles To Any Gaza Deal
Renewed Israel-Hamas fighting after the collapse of truce talks in Cairo highlights the steep obstacles to ending the fighting in Gaza. With negotiations going nowhere, Gaza militants resumed rocket fire Tuesday, about eight hours before the end of a six-day truce. Since then, Hamas and other groups have fired dozens of rockets, some deep into Israel, while Israel launched scores of airstrikes at Gaza, killing at least 16 Palestinians. One of the strikes killed a wife and infant son of Mohammed Deif, the shadowy Hamas military leader who escaped several Israeli assassination attempts in recent years.
Rita Ora DOES NOT Want To Talk About Calvin Harris Anymore!
DO NOT ask Rita Ora about Calvin Harris ! The pop wild child has been VERY open about the backlash of recording I Will Never Let You Down with her ex BF, but now she's totally over the discussion. In fact, Rita's SO over it that when The Associated Press asked about how Calvin barred Rita was performing the smash hit , she smiled and walked away!
Argentina Says Proposed Debt Swap Aims To Protect Investors
Cabinet chief Jorge Capitanich said on Wednesday, Argentina's plan for making payments on its sovereign bonds via a local bank aims to protect the vast majority of creditors who participated in two debt restructurings. The government is sending a bill to Congress replacing its New York intermediary bank with state-run Banco Nacion, the latest move in a years-old legal chess game between Argentina and holders of defaulted bonds who have sued for full repayment. The deadlock has kept the economically ailing country from being able to issue international bonds at a time of falling central bank reserves.