Yemen facing economic tests amid falling output

Yemen’s economy could survive without policy adjustments in the short term but falling oil production means the government would have to make economic corrections further down the road, the International Monetary Fund said yesterday.

The Dawn of a New Oil Era?

The interesting question about the advent of $50-a-barrel oil is whether it signals a new era in the economics and politics of energy. To sharpen the question: have we entered a period when, owing to consistently strong demand and chronically scarce supplies, prices have moved permanently higher?

Global resource wars: The Rosetta Stone

What is the nature of the connection between an ill-planned war in Iraq; the steadily increasing pressure on dissent in the United States; the ongoing estrangement between the United States and its traditional allies; the increasing strains with the country’s Canadian neighbor; and the forbearance shown to China as opposed to the increasing distrust of Russia?

Cracks may force shutdown of UK reactors

Reactors in many UK nuclear power stations are in danger of developing cracks in their graphite cores. This could force some plants to close down earlier than expected, dealing a blow to the idea that nuclear power can become a “green” option in the fight against global warming.