On the same day the Obama Administration put the kibosh on the Keystone XL pipeline, two engineering contracts totaling $12.2 billion were awarded to two U.S. companies for work in the Alberta oil sands. One included a $750 million contract to a Chicago-based company for work on Exxon’s huge Kearl Oil Sands project, one of [...]
If it’s true that the economies of the EU and US are headed for a double dip, what will put them into a second recession is exactly what got them out of the last one. Only a year ago, G8 leaders were congratulating themselves as their coordinated stimulus packages jointly lifted their economies out of [...]