Stay true to the dreams of thy youth

• India and US retreat from battle over food security - FT.com

  "India and the US are backing away from a fight over food security and a new Indian food distribution programme for the poor that had been seen as a big stumbling block to reaching a global trade deal this year. "

  tags: foodsecurity india unitedstates food trade

• Germany’s renewable energy experiment comes at a cost - FT.com

  "Following Chancellor Angela Merkel’s decision to phase out nuclear power in 2011, Germany’s goal of raising the percentage of renewables in the electricity mix to 35 per cent by 2020 and 80 per cent by 2050 – from 23 per cent last year – has become a national obsession. Despite the urgency and scale of the challenge, the issue has been peripheral in the election campaign. The public continues to support the expansion of renewable energy and none of the major parties therefore has an interest in advocating a significant reversal of the Energiewende. "

  tags: renewableenergy germany alternativeenergy europe innovation

• Hedge funds turn to psychology software to revolutionise trading - FT.com

  "The technology, to be launched this week, has been developed by Essentia Analytics with the help of psychology and human behaviour experts as well as computer and software specialists. It aims to align performance with skill and as far as possible eradicate luck and chance by working out the circumstances surrounding the best and worst trades. This, in theory, should help fund managers repeat successes and avoid failures. "

  tags: stocks investment psychology technology bigdata

• Obama stands firm on refusal to negotiate over US debt ceiling - FT.com

  "“There’s no serious economist out there that would suggest that, if you took the Republican agenda of slashing education further, slashing Medicare further, slashing research and development further, slashing investments in infrastructure further, that would reverse some of these trends of inequality.” "

  tags: republicans teabaggers useconomy unitedstates politics obama

• Where telecoms meet energy: Orange’s man in oil and gas | The National

  "Martin Denari was made Orange Business Services global director of the company’s industry sector focused on oil, gas and mining last month. In this job, he oversees the supply of IT infrastructure and communication services to exploration and production companies. He is based between Paris and Houston."

  tags: oil oilandgas energy orange middleeast

• Emal expansion ahead of schedule as aluminium production is boosted | The National

  "Emirates Aluminium, known as Emal, took another step towards becoming the world’s biggest single site aluminium smelter yesterday as its third production line made its first hot metal. Completed three months ahead of schedule, the line is part of Emal’s Phase II expansion project, which will boost production to 1.3 million tonnes of aluminium per year from 800,000 tonnes per year at present. The plant will reach full capacity next May."

  tags: uae abudhabi aluminum metals industry industrialization middleeast

• Brazil food giant inks $145m deal for UAE factory - Construction - ArabianBusiness.com

  "The Khalifa Industrial Zone Abu Dhabi, also known as Kizad, on Sunday announced the signing of a new agreement with Brasil Foods, South America's largest food processing company. The agreement with Federal Foods Company, the local arm of Brasil Foods, will see a AED533m ($145.1m) investment in a land plot of 1,743,00 sq ft in the free zone area's food manufacturing cluster of Kizad Area A."

  tags: foodsecurity middleeast abudhabi uae brazil

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