The government’s plan to introduce a pledging scheme to tackle the problem of falling rubber prices will result in huge losses, academics warned recently. SEE MORE 12:00 AM @ 01/01/1900
VietNamNet Bridge – “Sit and wait to see the inflation going down in 2012,
even if we do nothing to force the inflation down,” said Deputy Chair of the
National Finance Supervision Council Le Xuan Nghia.SEE MOREChemical engineers at the University of Massachusetts
Amherst, using a catalytic fast pyrolysis process that transforms
renewable non-food biomass into petrochemicals, have developed a new
catalyst that boosts the yield for five key “building blocks
of the chemical industry” by 40 percent compared to previous methods.
This sustainable production process, which holds the promise of being
competitive and compatible with
the current petroleum refinery infrastructure, has been tested and
proven in a laboratory reactor, using wood as the feedstock, the research team says. SEE MORE Flaws in China's growth model are becoming obvious. Falling property
prices are starting a chain reaction that will have a negative effect on
developers, investment, and government revenue. SEE MORE The year 2011 will be remembered as the year with the highest catastrophe-related economic losses in history. Natural and man-made catastrophes cost the world economy a whooping US$350 bln. Preliminary estimates peg total insured losses for the global insurance industry from disasters at US$108 bln in 2011. SEE MORE