Why Gordhan’s silence on South Africa’s nuclear option is a good sign

President Jacob Zuma and Finance Minister Pravin Gordhan. Gordhan is standing firm against any political pressure. Flickr/GovernmentZA

Hartmut Winkler (TC) : South Africa’s Minister of Finance, Pravin Gordhan said very little about the energy sector in his recent budget speech. The word “energy” came up only once compared with 2016, when it was used five times. Even more notable is that he didn’t mention nuclear energy – a source of major contention – at all. President More...

by nsnbc | Published 4 days ago
Monthly state food tickets will be increased to 108,000 Bolivars as of March 1. (GacetaOficial)
By nsnbc On Thursday, February 23rd, 2017
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Venezuela Increases Food Vouchers by 70% Effective March 1

Lucas Koerner (VA) : Venezuelan President Nicolas Maduro announced Sunday a 70 percent hike in the value of state food vouchers in a bid to safeguard workers’ salaries against rising inflation.  Monthly state More...

Venezuelan President Nicolas Maduro with Chinese National Reform Commission Vice-President Ning Jizhe. (@PartidoPSUV)
By nsnbc On Wednesday, February 15th, 2017
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Venezuela and China Sign New $2.7 Billion Development Deal

Lucas Koerner (VA) : Venezuela and China ratified 22 new agreements totaling US $2.7 billion Monday in a bid to strengthen cooperation between the two nations. Venezuelan President Nicolas Maduro with Chinese More...

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By nsnbc On Monday, February 6th, 2017
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South Korea Tightens Battery Safety Contols After Fiery Galaxy Note 7 Fiasco – But..

nsnbc : The South Korean Ministry of Trade, Industry and Energy, on Monday, reported that safety requirements for lithium-ion batteries will be tightened and there will be conducted regular inspections to avoid More...

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By nsnbc On Thursday, February 2nd, 2017
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Japan’s Sumitomo Mitsui Bank Pulled the Plug on Colombia’s Magdalena River Project

nsnbc : Japan’s Sumitomo Mitsui bank has pulled the plug on financing Colombia’s Magdalena River navigability project with $250 million. The bank’s decision came after the Colombian government, on More...

Istanbul's Atatürk International Airport.
By nsnbc On Tuesday, January 31st, 2017
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Turkey’s Tourism Revenue Dropped 29.9 Percent in 2016

nsnbc : Turkey’s Statistics Institute (TÜIK) reports that the country’s tourism revenue has dropped to $22.1 billion in 2016; a 29.7 percent decrease compared to 2015. Foreign arrivals have seen a More...

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By Ellen H. Brown On Friday, January 27th, 2017
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How to Cut Infrastructure Costs in Half

Ellen H. Brown (nsnbc) : Americans could save $1 trillion over 10 years by financing infrastructure through publicly-owned banks like the one that has long been operating in North Dakota. President Donald Trump More...

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By nsnbc On Monday, January 23rd, 2017
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Egypt’s PM Grants Military License to Start Pharma Company

nsnbc : Egypt’s Prime Minister Sherif Ismail granted a license to the Egyptian military to launch a pharmaceutical company and to enter the pharma market, reports Egypt’s official gazette. Prime Minister More...

Khodorkovsky at his release from prison. Photo, courtesy of ITAR TASS
By nsnbc On Thursday, January 19th, 2017
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Russia’s Constitutional Court Dismissed ECHR Ruling on Compensation for YUKOS Shareholders

nsnbc : The Constitutional Court of the Russian Federation dismissed a ruling by the European Court of Human Rights (ECHR) to pay 1.8 billion euros in compensation to the former shareholders of the now defunct Russian More...

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By nsnbc On Wednesday, January 18th, 2017
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Vietnam’s Deputy PM Welcomed Asia Infrastructure Investment Bank VP in Hanoi

nsnbc : Vietnam’s Deputy Prime Minister and Foreign Minister Pham Binh Minh held a reception for D.J Pandian, the Vice President and Chief Investment Officer of the Asia Infrastructure Investment Bank (AIIB) More...