POST

Ford will receive government support for the development of environmentally friendly technologies

American auto concern Ford, the only one of the Detroit three which was able to avoid bankruptcy, will still receive almost 6 billion U.S. dollars from the government. That, however, is not for the purpose of saving the company from bankruptcy: Ford will receive funding for the development of «green» technology. Analysts, however, note that Read more

POST

Obama to invite Forum on Energy and Climate

U.S. President Barack Obama is launching a “Major Economies Forum on Energy and Climate” to help facilitate a U.N. agreement on global warming, the White House said on Saturday. Leaders from 16 major economies have been invited to a “preparatory session” on April 27-28 in Washington to “help generate the political leadership necessary” to achieve Read more