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Shining Bright by Manav Chopra

The new joke on Dalal street is that Gold prices are soaring, not because of increased demand in the US, India and China, but because Shilpa Shetty has bought half the Gold in India for her wedding dress! Jokes apart, the yellow metal has hit headlines recently because of its spectacular rise. Prices have spiked as investors now prefer Gold to the weakening US dollar. The US economy has lurched...

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Wind energy is attracting investors, and corruption by Doreen Carvajal

A rogue’s gallery of corrupt politicians and entrepreneurs trying to create money out of thin air.  It is impossible to quantify the level of fraud in public spending on wind energy The European wind association does not have a code of conduct for developers A big Danish firm revealed that it was the victim of a 12 million euro fraud The northern trade winds of the Canary Islands have long tempted daredevil windsurfers,...

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A chill in the boardroom

Business lobbyists complain that a regulatory tsunami is on its way. But some firms are embracing the proposed reforms “WHEN people hear the word regulation, they feel stifled, delayed, and many times they believe that government is being intrusive,” said Hilda Solis, America’s labour secretary, on December 7th as she unveiled plans for 90 new regulatory initiatives to improve the lot of workers. If you doubt her word, try mentioning regulation...

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A possible link between hydraulic fracturing and pollution of groundwater supplies causes concern.  Environmental groups contend that governments have been slow to react and are not looking hard for contamination Gas companies use at least 260 types of chemicals, many of them toxic, during the hydraulic fracturing process Victoria Switzer dreamed of a peaceful retirement. Instead, she is coping with a big hassle after a nearby natural gas well contaminated her family’s...

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