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Asia Pacific

China strengthens financial support for coal, electricity production | Source: People´s Daily Online

China’s top banking and insurance regulator has released a circular on strengthening financial support for coal and electricity production and maintaining order in the commodity market. Measures should also be taken to prevent speculation on high-end consumer goods using business and consumer loans; illegal inflows of bank and insurance funds into stock, bond and futures markets; and behaviors inducing consumers to borrow blindly and spend excessively.

Source: People´s Daily Online


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Global Energy Stategic Resources

Africa

AFRICA

  • ETHIOPIA: Egypt, Ethiopia and Sudan have once again failed to agree on a new negotiating approach to resolve their years-long dispute over the controversial dam that Ethiopia is building on the Blue Nile River (to become the world’s longest and a lifeline supplying water and electricity to the 10 countries it traverses).

SOURCE: ZBC NEWS

 

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