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Energy: Erdogan announces oil production at the start of the climate conference
Turkey is almost completely dependent on energy imports. A new development is intended to provide a remedy. Critics, however, sharply criticize the country's poor climate record.
Before you trust consultants’ ‘research,’ look for these red flags
When Enron , which Fortune named “America’s Most Innovative Company” for six consecutive years, collapsed in 2001, there was no shortage of blame to go around. Many blamed corruption and greed, others hubris, and still others incompetence. But Nobel laureate Paul Krugman offered a different explanation.
California rejects billionaire wealth tax after major tech-backed campaign
Proposition 40 would have imposed a one-time 5pc levy on fortunes above $1bn, but the ‘no’ side, backed by the likes of Sergey Brin and Patrick Collison, raised roughly 10 times more than supporters. Read more: California rejects billionaire wealth tax after major tech-backed campaign
Election campaign: The radical who turns France's anger into votes
Every week hundreds of thousands protest against high prices and for better education. Jean-Luc Mélenchon knows how to harness this anger. This could even bring him to the presidency.
Sheikh Hamdan approves major Dubai Metro expansion plan
Dubai has approved a series of major strategic projects valued at more than $3 billion (AED 11 billion).
ECB Chief Economist prepares financial markets for further interest rate hike
High energy prices have driven inflation in the euro zone to its highest level in more than three years