Why OPEC will hold out even if oil falls to $40 December 14, 2014 OPEC will not cut production even if oil falls to $40 per barrel as it believes the market will eventually stabilise. The energy minister for the United Arab Emirates told Bloomberg News that the group would wait "at least a quarter" before it considered an urgent session. Suhail Al-Mazrouei said "we are not going to [...]
Japan general elections: Abenomics given boost by comfortable win for Prime Minister Shinzo Abe December 14, 2014 Japanese Prime Minister Shinzo Abe swept to a comfortable win in a ‘snap’ general election called to secure a tighter grip on power and gain a green light to push ahead with his ‘Abenomics’ policies. Abe’s ruling Liberal Democratic Party (LDP) and its junior partner Komeito swept to a big win of 333 of [...]
How low can you go: OPEC won’t cut production even if oil falls to $40 December 14, 2014 Opec will not cut production even if oil drops to $40, "We are not going to change our minds because the price went to $60 or $40", Suhail Al-Mazrouei told Bloomberg News. Opec's 12 member In November OPEC announced it was leaving oil production levels unchanged at
Spectre: New James bond film script stolen in Sony attack December 14, 2014 The hackers who attacked Sony's computer network in November made off with the new James Bond film script. The film's producer, Eon Productions, said an early version of the script was taken, according to a statement on its website. They're worried the hackers will publish the script online, potentially spilling Spectre's secrets to millions of [...]
Sir Malcolm Rifkind to ask for details of UK references in CIA torture report December 14, 2014 Sir Malcolm Rifkind has vowed to investigate allegations of UK complicity in the CIA’s post-9/11 interrogation programme. The House of Commons Intelligence and Security Committee said the group will ask the US to hand over material from the US Senate report which detailed “brutal” treatment of al-Qaeda suspects in the wake of 9/11. [...]
UN members reach climate change deal after last-minute compromise December 14, 2014 United Nations member have come to an agreement on how to tackle climate change, after slow negotiations at the Lima Call for Climate Action ran almost two days over time. For the first time every country will be committed to drawing up a national pledge to cut greenhouse gas emissions, yet the deal has [...]
William and Kate meet Jay-Z and Beyonce: How Brand Royal has finally entered the 21st century December 14, 2014 This week New Yorkers went mad for Will and Kate as they took a trip to the Big Apple for the first time. Crowds were out in force, media coverage blanketed the channels, hoards of people desperate to catch a glimpse. It was almost as if The Beatles had arrived once again. It’s incredible [...]
Smartphones compared: How much storage do they really have? December 13, 2014 Most smartphones do not have as much free storage available as the companies that produce them claim, according to a new study by reviewing service Which? By looking at eight of the most popular smartphones, they found that a phone with an advertised 16 gigabytes of storage could have as little as 10 gigabytes [...]
From Vibease to Elon Musk’s underwhelming big reveal, here are nine of the worst inventions of 2014 December 13, 2014 If you're looking for Christmas present ideas, you've come to the wrong listicle. This is all about the worst inventions of 2014, and there have been some real crackers. If you end up with one of these under the tree, you know your family hate you. 1. Pizza Hut's mind-reading menu app We're pretty certain [...]
David Miliband hints at return to politics but still supports his brother as leader of the Labour party December 13, 2014 David Miliband, brother of Labour leader Ed Miliband, has indicated that he may return to a career in politics. In 2013, the former Labour foreign secretary stepped down as MP when he was defeated by his brother in an election battle for party leadership. He moved to New York instead, where he worked as [...]