BBC Business Headlines

China factory output growth slows
Output in China's factories and mines expands in April but more slowly than in the previous month.


Swiss 'tax spy' arrested in Germany
The man is suspected of spying on German tax investigators who have bought CDs from Swiss banks.


US growth rate hits three-year low
President Trump faces a greater challenge in meeting his growth pledge after weak data.


Amazon 'style assistant' divides opinion
Amazon's new Echo Look device takes full length photos and offers advice on outfit choices.


Qualcomm says Apple withholding royalty payments amid legal row
Apple sued chipmaker Qualcomm in January and is now withholding payments until the row is resolved.



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Paul Krugman

Living in the Trump Zone
We’re in a place and time where childish petulance drives policy. 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