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Down the yellow brick road: China buying gold & dumping dollar assets as trade war with US escalates

36 mins ago DieselGasoil Comments Off on Down the yellow brick road: China buying gold & dumping dollar assets as trade war with US escalates
Gold prices rallied to six-year highs last week and continued posting gains on Monday at $1,403 per ounce. China boosting its gold stockpile, to shift away from the US dollar, has added to the precious metal’s resurgence. The People’s Bank of China has purchased more than 70 tons of gold since December, according to the Read More

Indian builders woo buyers with cleaner, greener, ‘smart’ homes

36 mins ago DieselGasoil Comments Off on Indian builders woo buyers with cleaner, greener, ‘smart’ homes
BENGALURU (Reuters) – When Arkesh Mishra, 33, and his wife Anasuya scouted for a new home in India’s tech hub of Bengaluru this year it was not the old real estate adage of “location, location, location” that was their main consideration – it was “peace of mind”. FILE PHOTO: High-rise residential buildings are seen in Read More

Wind park extension becomes Vestas’ first merchant project in Italy

2 hours ago DieselGasoil Comments Off on Wind park extension becomes Vestas’ first merchant project in Italy
News release fromVestas MediterraneanMadrid, 24 June 2019 Vestas has signed an 18 MW contract with VRG Wind 060 for the extension of the Mazara del Vallo wind park in Sicily, Italy. Utilising Vestas’ industry-leading technology and the operation data from the site’s existing wind turbines to boost energy production and mitigate production uncertainties, Vestas and Read More

Explainer: What’s behind Japan’s support of whaling?

10 hours ago DieselGasoil Comments Off on Explainer: What’s behind Japan’s support of whaling?
TOKYO (Reuters) – Japan has for decades been steadfastly defiant about hunting whales despite widespread anger, including from key allies like the United States. FILE PHOTO : Captured short-finned pilot whales are seen on the deck of a whaling ship at Taiji Port in Japan’s oldest whaling village of Taiji, 420 km (260 miles) southwest Read More

Raw, fried or on a bun: the many ways Japan eats whale

10 hours ago DieselGasoil Comments Off on Raw, fried or on a bun: the many ways Japan eats whale
MINAMIBOSO, Japan (Reuters) – Whale cutlets, sliced raw whale, deep-fried whale nuggets, whale bacon and whale jerky feature on the menu at the restaurant Yoko Ichihara runs – and that’s just a small sample of the ways Japan eats whale. A set menu of deep-fried whale nuggets are prepared at the restaurant P-man in Minamiboso, Read More

Outlook uncertain for Japan’s whaling industry despite commercial restart

10 hours ago DieselGasoil Comments Off on Outlook uncertain for Japan’s whaling industry despite commercial restart
MINAMIBOSO, Japan (Reuters) – When Yachiyo Ichihara was a child in Wada, one of Japan’s oldest whaling villages, she’d go down to the harbor with a bucket and carry it home full of freshly butchered whale meat. Canned whale meat is displayed at a roadside store named WA-O! in Minamiboso, east of Tokyo, Japan June Read More

Opposition candidate beats Erdogan’s ally Yildirim in rerun of Istanbul mayoral election

14 hours ago DieselGasoil Comments Off on Opposition candidate beats Erdogan’s ally Yildirim in rerun of Istanbul mayoral election
Turkey’s ruling AK party runner-up Binali Yildirim has congratulated his rival, Ekrem Imamoglu, on his victory in the rerun of Istanbul’s mayoral election. The results of the initial vote in March were annulled over violations. The former Turkish Prime Minister, who had received full backing from President Recep Tayyip Erdogan during the campaign, expressed hope Read More

Opposition candidate beats Erdogan’s ally Yildirim in re-run of Istanbul mayoral election

16 hours ago DieselGasoil Comments Off on Opposition candidate beats Erdogan’s ally Yildirim in re-run of Istanbul mayoral election
Turkey’s ruling AK party runner-up Binali Yildirim has congratulated his rival, Ekrem Imamoglu, on his victory in the re-run of Istanbul’s mayoral election. The results of the initial vote in March were annulled over violations. The former Turkish Prime Minister, who had received full backing from President Recep Tayyip Erdogan during the campaign, expressed hope Read More

Extra tariffs on Chinese imports will cost Americans $18 billion-a-year, retail group warns

20 hours ago DieselGasoil Comments Off on Extra tariffs on Chinese imports will cost Americans $18 billion-a-year, retail group warns
The world’s largest retail trade association has urged the Trump administration not to impose additional tariffs on China as it would make Americans pay another $18 billion-a-year for various products, from footwear to furniture. The world’s largest retail trade association has urged the Trump administration not to impose additional tariffs on China as it would Read More

Oil could skyrocket to over $100-per-barrel if Iran-US war breaks out, analysts predict

23 hours ago DieselGasoil Comments Off on Oil could skyrocket to over $100-per-barrel if Iran-US war breaks out, analysts predict
A full-fledged war between the US and Iran would immediately affect global crude prices, as the recent escalation of tensions in the Middle East has already shown. The only question now is how high could crude go. Earlier in June, an adviser to Iran’s Supreme Leader Ali Khamenei warned that oil prices will spike to Read More