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Plans for giant Antarctic marine reserve falter for fourth time

2014-10-30 10:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A plan to protect a vast swath of ocean off Antarctica by creating the worlds largest marine reserve appeared headed for failure for the fourth time. The countries that make decisions about Antarctic fishing finish a 10-day meeting on Friday in Hobart, Australia. Most favor a US-New Zealand proposal to ban most fishing in a sanctuary sprawling across 1.34m sq km (517,000 square miles) in the Ross Sea. But all countries must agree, which they have failed to do at three previous meetings....

Tags: time plans fourth reserve

Oil falls below $87 on expectations that Federal Reserve may lift interest rates

2014-10-30 01:00:00| Offshore Technology

The price of Brent crude oil dropped below $87 a barrel on Thursday amid expectations that the Federal Reserve may lift interest rates, putting pressure on the US dollar.

Tags: interest rates federal oil

National Grid says power reserve cut

2014-10-28 10:40:56| BBC News | Business | UK Edition

National Grid warns that its capacity to supply electricity this winter will be lower than last due to generator closures and breakdowns.

Tags: power national cut reserve

Luxury apartment's $195k reserve

2014-10-26 01:21:58| Real Estate - Topix.net

Million-dollar views on a slim budget have sparked a flood of interest in a luxury apartment on Auckland's waterfront. The two-bedroom leasehold flat at the Viaduct Harbour has bucked the trend for soaring city property prices.

Tags: apartments reserve luxury