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Monday, April 24, 2006 Investors are rushing to fund new ventures in renewable energy as Americans continue to see rising gasoline prices at the pump. The price for crude oil continues to rise to new record highs ($75 per barrel of crude oil on NYMEX as of Friday’s close). According to the results of a survey reported by the San Francisco Gate, in the 1st Quarter of 2006 investments in the clean technology sector has increased by 13% to $3.36 Billion in the US. In addition to attracting venture capital, clean technology companies are receiving a buzz from high profile investors. Bill Gates, Founder of Microsoft, announced last week that…

Tuesday, May 15, 2007 The online payment service PayPal has received a banking licence in Luxembourg, promoting it to the status of a bank. As a consequence PayPal will move their headquarters to Luxembourg. Since 2004 PayPal had the status of an Electronic Money Issuer supervised by the U.K. Financial Services Authority. Having an official bank status opens new prospects for the company: “This will allow us to actively scout retailers in different European countries. With our British licence, we could only do that in the U.K. itself, and in other countries we could only react to requests of the retailers themselves,” Christopher Coonen, General Manager of PayPal Southern Europe…

Sunday, June 17, 2007 The National Transportation Safety Board (NTSB), the agency responsible for investigating transportation accidents in the United States, released updates on three major investigations on June 14. The NTSB, well known publicly for its involvement in the investigation of aviation incidents which involve harm or loss of human life, is also an agency that oversees the transportation of refined petroleum and gas products, chemicals and minerals. The agency determined the cause of a natural gas pipeline explosion that killed six. It also detailed the cause of an accidental release of 204,000 gallons of anhydrous ammonia from a pipeline in an environmentally sensitive area, and released preliminary information…

Wednesday, March 9, 2011 Alberto Granado Jiménez, the Argentinian biochemist who was Che Guevara’s companion on his transformative motorcycle trip through South America, died in Havana on Saturday, reported Cuban state television. He was 88 and died of natural causes. The politically active Jiménez met Ernesto “Che” Guevara, then a medical student, in Hernando, Argentina where Guevara had gone to play rugby. Both were intellectually curious and interested in exploration. In 1951 they set out on an eight-month motorcycle trip through South American that exposed them to the poverty in which most South Americans lived. The pair worked in a leprosy colony and met wtih destitute miners and indigenous people.…

Thursday, February 14, 2008 The German noble family of Waldburg-Wolfegg has sold the manuscript known as the The Housebook to an unknown buyer. There is speculation in the German press that it was purchased by Baron August von Finck who currently resides in Switzerland, and that the price paid was €20 million. It is unclear whether the purchase is in fact legally valid because the manuscript was sold without the permission of the government of Tübingen required by the law of fideikommiss dissolution (similar to the common law institution Fee tail). German law forbids the export of such a precious manuscript, which is registered in the list of national cultural…

Thursday, January 28, 2010 The International Air Transport Association (IATA) said on Wednesday that 2009 was the “worst year” that the airline industry has ever seen since 1945. “In terms of demand, 2009 goes into the history books as the worst year the industry has ever seen,” said IATA boss Giovanni Bisignani. “We have permanently lost 2.5 years of growth in passenger markets and 3.5 years of growth in the freight business.” According to the group, passenger traffic was down by 3.5% compared to a year earlier, and freight by 10.1%. The group estimated that the airline industry lost a total of US$11 billion in 2009 last year, and will…

Friday, March 3, 2006 The possibility of large-scale protests in the face of the 3,000 journalists covering the Melbourne 2006 Commonwealth Games, has event organisers and the Government worried. The group “Black GST” – which represents Indigenous Genocide, Sovereignty and Treaty – are planning demonstrations at prominent Games events unless the Government agrees to a range of demands including an end to Aboriginal genocide, Aboriginal Sovereignty and the signing of a treaty. The Black GST say they hope the focus of the world’s media will draw attention to the plight of indigenous Australians during the Games. Organisers say supporters are converging from across Australia and from overseas. Organisers say up…

Tuesday, August 31, 2010 Every September, the Apple iPod is redesigned. Last year saw the release of the iPod Nano 5th generation, bringing a video camera and a large range of colours to the Nano for the first time. But as Apple again prepares to unveil a redesigned product, the company has released their quarterly sales figures—and revealed that they have sold only 9m iPods for the quarter to June—the lowest number of sales since 2006, leading industry anylists to ponder whether the world’s most successful music device is in decline. Such a drop in sales is not a problem for Apple, since the iPhone 4 and the iPad are…

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Sunday, November 19, 2006 Nintendo has released its newest video game console in North America. Known as the Wii, the system and games have an MSRP of US$249.99 and US$49.99 respectively. The North American release is to be followed by the December 2nd launch in Japan and the December 8th launch in Europe. Launched officially at midnight, more than a thousand people gathered in New York’s Time Square to be among the first to buy one of the Wii. In contrast to the crowds that have challenged crowd control officials over the last two days in connection with the launch of Sony’s Playstation 3, the Wii crowds have been much…