High food prices contribute to MidEast unrest

We saw that oil prices are now back above $100 a barrel. Most unfortunately, food prices are also increasing, and this is a problem for the poorest populations of the globe, and this includes Egypt, the world biggest wheat importer. As the leading blog Climate Progress noted recently : ” Leading experts, reported in the… Continue reading High food prices contribute to MidEast unrest

Oil prices back above $100

To the AFP news agency : ” Brent crude rose on Tuesday, holding above $101 on fears that worsening turmoil in Egypt could disrupt supply flows through the strategic Suez Canal, analysts said. “ It had been more than two years than oil didn’t reach such levels. This happens as I read yesterday an interesting… Continue reading Oil prices back above $100

Climate change unites Mediterranean nations

Will fighting climate change become the ultimate fight ? If the Palestinian Authority and Israel can sit at the same table to fight climate change I guess we can save ourselves from warming temperatures. To the AFP: ” Some 15 Mediterranean countries, including Israel and the Palestinian Authority, agreed Friday to work together to combat… Continue reading Climate change unites Mediterranean nations

Egypt to build its first nuclear reactor

To the AFP : ” Egypt announced on Wednesday it would build its planned nuclear powerplant on the Mediterranean coast of el-Dabaa which it hopes will start production in 2019, the state news agency MENA reported. “ ” Egypt has already used several foreign companies as consultants, including Areva and Westinghouse Electric Co. (this) plant… Continue reading Egypt to build its first nuclear reactor

World Bank funds solar projects in North Africa

The World Bank via its Clean Technology Fund is investing $750 million (522 million euros) in eleven concentrating solar plants in the Middle East and North Africa region. This is due to spur additional investments worth $4.85 billion. These projects are due to add nearly a gigawatt of capacity to local grids within three to… Continue reading World Bank funds solar projects in North Africa