Wednesday, February 10, 2010   01:15 GMT    
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News in RSSLarge reserves of oil, gas and minerals in poor countries generate opulent revenues. They could be used to stimulate economic growth and reduce poverty, but often result in environmental destruction and conflict, benefiting large companies and corrupt governments. IPS covers news about major oil, gas and mining projects, their effects on the environment and local communities, and the ideas and actions of the interest groups involved.

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Environment
Biodiversity - One Planet - 1.4 million species
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News in RSS
PERU: CIA, Military Trade Blame Over Missionary Plane Shootdown
ZIMBABWE: How Do You Solve a Problem Like Arrears?
Q&A: Creating Momentum for Women's Participation
ENERGY-MEXICO: Big and Small Firms Harness Sun's Rays
FINANCE: Fighting Off Looters in the Ruins
BIODIVERSITY: India Bans Farming of GM Aubergine
CANADA: Khadr Case Raises Broad Questions on Child Combatants
CHILE: Stop Treating Community Broadcasters as Criminals, Say Activists
CANADA: Foundation for "Political Warfare" Takes Cue from U.S. Strategy
POLITICS: Malaysia Faces Severe Test as Anwar Stands Trial
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PERU-CHINA: Social Responsibility Missing in Growing Trade Ties
By Milagros Salazar
LIMA - China has become Peru's second largest trade partner, with interests basically in mining and oil. However, it is viewed with caution by this Andean nation, because the Asian giant has a reputation for flouting environmental standards and labour rights.
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PERU: Mining Co's Making a Mint, Tax Free
By Milagros Salazar
LIMA - Experts and activists in Peru complain that while mining corporations are cashing in on soaring metals prices, they continue to enjoy exemption from royalties and corporate taxes, if they reinvest their profits.
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NIGERIA: No Oil Company Will Know Peace in the Creeks
By Sam Olukoya
YENAGOA, Nigeria - Three flow stations in the oil-rich Niger Delta have had to be closed after a pipeline was sabotaged, according to Royal Dutch Shell.
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CUBA: Zeolite, Mineral of a Thousand Uses
By Patricia Grogg*
HAVANA - Cuba, which has major reserves of zeolite, aims to boost exploitation of the mineral, whose properties and uses in products and technologies contribute to protecting the environment.
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U.S.: Obama Losing Control of Iran Policy
By Ali Gharib
WASHINGTON - In a surprisingly swift move on Thursday night that could have wide-ranging implications, the U.S. Senate passed a bill containing broad unilateral sanctions to punish foreign companies that export gasoline to Iran or help expand its domestic refinery capabilities.
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POLITICS: U.N. Faulted for Toothless Sanctions in Civil Wars
By Thalif Deen
UNITED NATIONS - The United Nations estimates that at least 40 percent of civil wars during the last 60 years have been fought either over natural resources - including diamonds, gold, timber, oil, gas, and cocoa - or sustained by revenues from rich minerals and commodities.
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EL SALVADOR: Activists Link Mining Co. to Murders
By Edgardo Ayala
SAN SALVADOR - Environmental activists in El Salvador allege that managers of a gold mine owned by a Canadian corporation are implicated in the murders of three anti-mining activists.
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CANADA: Hunt for Oil Patch Bomber Takes New Twist
By Chris Arsenault
VANCOUVER - Looking increasingly desperate after a 15-month-long hunt for a saboteur who has blown up six natural gas installations in northern Canada, police arrested an outspoken oil industry critic and then set him free a day later without pressing charges.
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SOUTH SUDAN: Tension Builds as Peace Agreement Marks Anniversary
Analysis by Moyiga Nduru
JUBA, South Sudan - Sudan is at a crossroads. Its future looks grim. "Only a miracle can save it from disintegrating. The signs are already on the wall," says Khamis Lako, a petty trader in Juba, the capital of South Sudan.
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ANGOLA: Togo Footballers Attacked
Reproduced by agreement with Al Jazeera *
LUANDA - Armed men have opened fire on a bus carrying Togo's national football squad to the Africa Cup of Nations tournament in Angola, killing the driver and wounding at least two players, officials have said.
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POLITICS: Backlash against Rogue Chinese Investors Alarms Beijing
By Antoaneta Bezlova
BEIJING - As China moves up in the world and the need for investment in its own infrastructure declines, Chinese investors and financiers are eyeing lucrative contracts in less developed countries, winning bids to build dams, power plants and highways from Burma to Uzbekistan and Angola.
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TANZANIA: Community Still Worried By Mine Contamination
By Jessie Boylan
TARIME DISTRICT, Tanzania - Susanna Solomon is still tending her shamba, but she won't eat the harvest from her farm when it's ready.
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IRAN: Revolutionary Guards Tighten Economic Hold
By Omid Memarian
BERKELEY, California - News that Iran's Revolutionary Guard Corps is withdrawing a billion dollars from the country's Foreign Reserve Fund in order to complete Phases 15 and 16 of the gigantic South Pars gas project has generated concern among Iranian analysts, who believe the move reveals the military organisation's excessive power over Iran's economy.
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CLIMATE CHANGE: History Was Not Made
By Stephen Leahy*
COPENHAGEN - There is no Copenhagen climate treaty. History was not made here and no deal was sealed.
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/CORRECTED REPEAT*/U.S.: Aging Coal Plants Still a Fixture in South
By Jonathan Springston*
ATLANTA, Georgia - As governments negotiate future greenhouse gas emissions in Copenhagen, a recent report from Environment America has highlighted the problem of the United States' older coal-fired power plants, which generated nearly three-quarters of U.S. carbon dioxide emissions from power plants in 2007.
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