Shell to sell international coal assets

Article Abstract:

Royal Dutch/Shell Group is planning to sell off its coal assets all over the world by way of a tender offer. Analysts believe that such a tender offer would raise over $1 billion (956.4 million euros) for the company. Australian, British, South African, and German mining houses are expected to bid for coking and thermal coal mines located in Australia, as well as for the Paso Diablo mine in Venezuela.

Comment:

Planning to sell off coal assets all over the world by way of tender offer

Netherlands, Coal, Coal Mining, Coal industry, Royal Dutch-Shell PLC

Cyprus, Malta change to the euro

Article Abstract:

Malta and Cyprus, members of the European Union since 2004, have adopted the euro as their national currency. The Cyprus pound will end as legal tender for cash transactions at end of January 2008; businesses are already required to use euros. The change has expanded the euro zone to 15 nations.

Malta, Monetary policy, European monetary union

International Mediators Should Forget Cyprus

Article Abstract:

Without the interference of the global community the Greek and Turkish Cypriots could resolve their differences in a European Union framework.

Greece, Turkey, Brief Article, Peace