News Round Up - Shale, Sao Paolo and Sudan(s)

Posted by Andrew |

  • The UAE has placed an order for 750 all-terrain blast-resistant vehicles with the Oshkosh Corporation, the company said yesterday.

  • America's shale oil boom is great news for U.S. industry, jobs and consumers, but it could cost global refiners billions. Banking on rising demand for transport fuels, oil companies around the world have committed as much as $100 billion over the last decade on equipment to turn heavy oil into valuable refined products such as gasoline, jet fuel and petrochemicals.

  • An Egyptian train derailed in a Cairo suburb on Tuesday and 15 people were injured, security and medical officials said, denying early reports that passengers had died in the crash.

  • As a member of the ultra-rich, Romney probably wasn’t spared major losses. And it’s possible he suffered a large enough capital loss that, carried forward and coupled with his various offshore tax havens, he wound up paying no U.S. federal taxes at all in 2009. If true, this would be politically deadly for him.

  • Ikaria, a 250 square mile island, wants to leave Greece and join Austria which is 1242 miles away from the small Greek island, Italian daily "Libero" reported.

  • This blog has previously covered the U.S. Armed Forces’ efforts to advance medical technology to keep up with the needs of wounded vets - from mobile apps to address PTSD symptoms to innovations in prosthetics - but a new technology has caught my attention more than any prior: implantable muscle. No, we’re not talking supplemental biceps to build U.S. military Terminators. At least not yet. This lab-grown muscle is being assessed to treat severe head and facial injuries.

  • Truly changing America’s image in the Middle East would have required shifts in policy—both toward Israel and in America’s antiterror war—too dramatic for Obama to seriously contemplate. Instead, he has pursued a Middle East policy relatively similar to his predecessor’s, just with less hubris and greater subtlety. The benefits are evident today; the costs harder to discern. But the liberals who backed Obama in 2008 because they believed in the importance of changing America’s image among ordinary Muslims weren’t wrong. In fact, we may yet learn how right they were.

  • One person was killed and three others injured on Monday when a US Navy ship fired at an approaching fishing boat off the UAE, but officials did not immediately blame terrorism or cite an Iran-link to the still-murky incident.

  • More than a million Brazilian Christians have taken part in a "March for Jesus" in Sao Paulo. Huge crowds thronged through the city's main avenues, accompanied by floats blasting out gospel music. The evangelical groups who organised the march described it as the "largest Christian event in the world". Brazil has the largest Roman Catholic population in the world, but other Christian churches have grown enormously in recent decades.

  • A handshake between the presidents of Sudan and South Sudan signals the best hope in months that the former warring neighbours may reach a deal ahead of a UN Security Council deadline.

  • ** Good for the Obama campaign... bad for actual competitiveness and trade ** A majority of Americans say the US needs to toughen its trade policies with China and is concerned that too many jobs are being “shipped” overseas, according to a bipartisan poll that shows high levels of voter anxiety about globalisation in the final months of the presidential election campaign.

Posted from Diigo. The rest of my favorite links are here.