BBC Business Headlines

S&P index set for record winning streak
The index tracking the 500 biggest public companies in the US has risen almost 325% since 2009.


Can Venezuela halt hyperinflation?
Experts doubt that lopping five zeroes off the currency will solve its economic woes anytime soon.


Ex-UBS trader avoids deportation - for now
Kweku Adoboli, who was convicted of a huge fraud in 2012, is trying to avoid being sent back to Ghana.


Microsoft claims win over 'Russian political hackers'
Cyber-attacks on US political groups are stopped after Microsoft grabs key net domains, the company says.


Nike removes balaclava accused of 'targeting gun culture'
The company says it was "in no way condoning the serious issues of criminal and gang culture".



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Paul Krugman

Partisanship, Parasites, and Polarization
Are direct-marketing scams destroying the republic? A serious question. read more...




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The Myth of the Oil Crisis: Overcoming the Challenges of Depletion, Geopolitics, and Global Warming

by Robin M. Mills

Published by Praeger Publishers


Listen to podcast interview:

With oil around $100 a barrel, drivers wince whenever they pull into the gas station and businesses watch their bottom lines shrink. "Watch out," say doomsayers, "it will only get worse as oil dries up." It's a plausible argument, especially considering the rate at which countries like China and India are now sucking up oil. Even more troubling, the world's largest oil fields sit in geopolitical hotspots like Iran and Iraq. Some believe their nations need to secure remaining supplies using military force, while others consider dwindling supplies a blessing that will help solve the problem of global warming. But wait--is it really the "end of oil"? Absolutely not, says geologist, economist, and industry-insider Robin Mills. According to Mills, many ideas about petroleum depletion and its consequences are not just grossly overstated but plain wrong.


pub date: 2008-08-30 | hardcover | 9780313354793