U.S. President Barack Obama announced what he called an historic climate change agreement with Chinese President Xi Jinping that would cut both countries' greenhouse gas emissions by close to a third during the next two decades.
The 2014 World Cup is going to be bigger than ever -- it's shaping up to be the most watched, most lucrative and expensive tournament in soccer history -- it's also going to be one of the biggest energy-consuming, greenhouse gas-spewing World Cups in history.
Critics of the Keystone XL pipeline say they’re still optimistic President Barack Obama will block TransCanada Corp.’s planned $5.3 billion link between the oil sands in Alberta and refineries along the U.S. Gulf Coast.
China's imports have surged in recent years from OPEC nations such as Saudi Arabia, Iraq and the United Arab Emirates, according to Chinese customs data. The U.S. is still No. 1 in crude imports from the entire world.
The most likely outcome in today's meeting is that the Fed will taper bond and MBS purchases by about a quarter. The market at first will freak out and we should see sharp drops in metals and a selloff in stocks and petroleum.
A decision on whether to approve the Keystone XL oil pipeline may slip into next year, giving opponents time to marshal efforts against it while offering President Barack Obama a chance to wring concessions from Canada.