Stories for May 8th 2015

Friday, May 8th 2015 - 18:34 UTC
David vs. Goliath: small-cap tech to save giant coal

The United States Environmental Protection Agency's (EPA) new mercury pollution regulations that took effect last month opened the flood gates for a new multi-billion-dollar energy industry that has investors scrambling to get in on second-generation technology poised for massive revenue gains.
Friday, May 8th 2015 - 10:54 UTC
China superpower? It relies on imports for energy, iron and...water (for food)

Among the mountain of statistics produced by China every year, there is one impossible to ignore: according to the Ministry of Land and Resources 61.5% of China's ground water is too dangerous even to touch, which means that along with being unsuitable for agriculture or drinking this water is unfit for any human contact.
Friday, May 8th 2015 - 08:21 UTC
IAATO agrees to ban recreational use of UAVs in Antarctica’s coastal areas

International Association of Antarctica Tour Operators (IAATO) members have agreed that, for the 2015-16 season, they will not allow the recreational use of Unmanned Aerial Vehicles (UAVs) in the unique, and often wildlife rich, coastal areas of Antarctica.
Friday, May 8th 2015 - 08:13 UTC
Fed warns stock market levels present 'potential dangers', but sees “no bubbles forming”

The chair of the US Federal Reserve, Janet Yellen, has warned stock market levels present “potential dangers”, insisting current valuations, which have seen key US and UK indicators reach record levels, were “quite high”. However she did not see 'any bubbles forming'.
Friday, May 8th 2015 - 07:57 UTC
Argentine government denies 'persecution' of Supreme Court Judges but insists in pouncing on Justice Fayt

The Argentine government denied on Thursday it was 'persecuting' Supreme Court Justices but kept the pressure on by insisting the process to re-elect Chief Justice Ricardo Lorenzetti was full of irregularities and members could have committed 'ideological falseness'.
Friday, May 8th 2015 - 07:48 UTC
Brazil's central bank to continue increasing rate, with inflation on target at the end of 2016

Brazil's central bank expects inflation to run above the official target this year and next, despite months of monetary tightening, signaling policymakers could maintain an aggressive pace of interest-rate hikes to lower stubborn prices. In the minutes of its April 29 rate-setting meeting, the bank said it would remain vigilant to ease persistently high inflation.
Friday, May 8th 2015 - 07:37 UTC
Argentina denies as 'inexact' any embargo on embassy bank funds in Belgium

The Argentine government in a late release on Thursday strongly denied an 'inexact information' related to alleged embargos by speculative funds (or vulture funds) on bank accounts from the Argentine embassy and its staff, in Belgium, and said that the attempts to freeze 'embassy funds' are but a new extortion attempt and a clear procedure abuse which could be sanctioned by Belgian tribunals.
Friday, May 8th 2015 - 06:59 UTC
Conservatives on course to a major victory, as SNP wipes out Labor in Scotland

The Conservatives are on course to be the largest party with David Cameron hopeful of gaining a majority in the UK general election. Labor faces being wiped out by the SNP in Scotland and is failing to make the gains it needs in England to stand a chance of forming a government.