The relentless rise of U.S. shale growth could soon spark another dramatic change of policy from leading oil producers, according to the latest monthly report from the International Energy Agency (IEA). “U.S. producers are enjoying a second wave of growth so extraordinary that in 2018 their increase in liquids production […]
FAN Editor
Erdogan warns Greece, Cyprus over gas search, Aegean islets
ANKARA, Turkey – Turkish President Recep Tayyip Erdogan has issued a warning to Greece, Cyprus and international companies exploring for gas in the Mediterranean not to “step out of line” and encroach on Turkey’s rights. Continue Reading Below Erdogan made the warning on Tuesday in an address to legislators of […]
MGM Resorts opens $3.4 billion casino in Macau as revenues boom
MGM Resorts opened its $3.4 billion casino resort in the Chinese-controlled territory of Macau on Tuesday, just days ahead of the Lunar New Year holiday, hoping to ride a boom in business in the world’s biggest gaming hub. Continue Reading Below MGM Cotai, which will more than triple the number […]
Sessions draws fire for ‘Anglo-American heritage’ remark at sheriff’s conference
Attorney General Jeff Sessions sparked controversy Monday after making reference to the “Anglo-American heritage of law enforcement,” a comment interpreted by critics as racially insensitive. The remark was made in a speech to the National Sheriff’s Association’s winter conference in Washington, D.C., as he thanked those in attendance and outlined […]
Russian cargo ship heads for space station
A Russian Progress cargo ship carrying three tons of supplies and equipment blasted off from Kazakhstan early Tuesday and set off after the International Space Station. The Soyuz 2-1a booster carrying the Progress MS-08/69P cargo craft took off from the Baikonur Cosmodrome in Kazakhstan at 3:13 a.m. EST (GMT-5; 2:13 […]
Southwest Airlines plane evacuated just before takeoff
SANTA ANA, Calif. — A fire on a Southwest Airlines plane forced it to be evacuated just before takeoff at a Southern California airport Monday night. Officials from John Wayne Airport say the crew of the Boeing 737 decided the plane should be evacuated using the aircraft’s front emergency slides […]
Friend of ex-SKorean president, Lotte chairman get prison
SEOUL, South Korea – A former confidante accused of manipulating South Korea’s former president for personal gain was sentenced Tuesday to 20 years in prison for bribery and other crimes in the political scandal that triggered the country’s first presidential impeachment and the conviction of an heir to the Samsung […]
China to select theaters nationwide to show propaganda films
China plans to select 5,000 movie theaters to screen propaganda films and will boost their box office with group sales, discounted tickets and other financial backing. The notice from the nation’s film regulator said the policy is intended to promote specific movies at special times to create a “people’s theater […]
Bitcoin buyers should be aware of the risks and look after themselves, top exchange CEO says
Traders tempted to invest in cryptocurrencies such as bitcoin must carry the burden of responsibility, according to the CEO of a leading cryptocurrency exchange. “I think ultimately consumers need to look out for themselves, look into the fundamentals of any coin and not rely on any particular exchange to protect […]
Tillerson says the enduring defeat of ISIS has not yet been achieved
The end of major combat operations against Islamic State does not mean the United States and its allies have achieved an enduring defeat of the militant group, U.S. Secretary of State Rex Tillerson said on Tuesday. Tillerson, speaking at a meeting in Kuwait of the global coalition against Islamic State, […]