Archive for July, 2011

Analysis: Gas engines at center of fuel efficiency drive

Sunday, July 31st, 2011

WASHINGTON/DETROIT (Reuters) – Automakers have agreed to produce by the quarter-century mark the most fuel- efficient cars and trucks ever that will leverage new designs and technology, but still…

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U.S. nuclear fund for waste, not deficit: panel

Sunday, July 31st, 2011

WASHINGTON (Reuters) – The U.S. government should start using the $25 billion it has collected for dealing with nuclear waste for its intended use rather than hoarding it to reduce the deficit, a…

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After dismal second-quarter, solar outlook brightens

Sunday, July 31st, 2011

LOS ANGELES/FRANKFURT (Reuters) – Solar investors should brace themselves for some downright dreadful second-quarter earnings reports in the coming weeks, though the rest of the year may provide some…

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Construction begins on Sentinel natgas plant in California

Sunday, July 31st, 2011

(Reuters) – Competitive Power Ventures Inc (CPV), GE Energy Financial Services and Diamond Generating Corp (DGC) began construction at their co-owned, 800-megawatt gas-fired CPV Sentinel Energy…

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Japan vows to skirt nuclear shutdown, watchdog embarassed

Sunday, July 31st, 2011

TOKYO (Reuters) – Japan will strive to avoid a complete shutdown of its 54 nuclear reactors and avert crippling power shortages in the near term while charting plans to reduce the nation’s dependence…

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Masses for Late Great Bulgarian Dimi Panitza to be Served in Sofia, Paris

Sunday, July 31st, 2011

Solemn masses will be served simultaneously in Sofia and Paris on Tuesday to commemorate the memory of John-Dimitry Panitza, a prominent Bulgarian journalist, philanthropist, patriot and public figure, who passed away Friday at the age of 80.

In the Bulgarian capital Sofia the mass will be served in August 2 at 3.30 pm at Saint Sofia church.

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Petrobras to boost ethanol production

Sunday, July 31st, 2011

Brazilian company to spend $1.9bn by 2015 to increase its participation of the domestic market to 12 per cent from 5 per cent currently

Wikileaks: Lukoil Funds Bulgaria’s Socialist Party

Sunday, July 31st, 2011

The Bulgarian subsidiary of LukOil, which pays some 20% of all the taxes collected in Bulgaria, has been revealed to be a sponsor of the Socialist Party here in a diplomatic cable of the US embassy in Sofia, sent right before the general elections in 2005.

“Critics of the BSP assert that the current moderate leadership of the party is simply a front for hard-liners and former members of the Communist-era security services,” writes the then US Ambassador James Pardew.

Former Ambassador Pardew cites polls, according to which the Socialist party is likely to win the general elections in the summer of 2005 – which is exactly what happened – and warns that Russia’s influence in the Bulgarian economy is is likely to grow.

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Wikileaks: Bulgaria’s Socialist Party – Social Democrats or Closet Communists?

Sunday, July 31st, 2011

Diplomatic cables of the US embassy in Sofia, dated 04/29/2005, has been revealed on WikiLeaks and provided to the project for investigative journalism www.bivol.bg, bringing out new details about the country’s Socialist Party and its sponsors.

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Tough-Lucked Bulgaria in Same Group as Italy in World Cup Draw

Sunday, July 31st, 2011

Bulgaria has been handed a tricky test in the World Cup draw as it will face four-time champions Italy, Denmark, the Czech Republic, Armenia and Malta.

“It’s an extremely difficult group,” former German international star and current Bulgarian team coach Lothar Matthaeus commented a day after the draw for the 2014 World Cup was made in Rio de Janeiro on Saturday.

“I am glad that we will play against strong teams like that of Italy, which is obvious the favorite in the group, “said Matthaeus.

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