Amazon dam opposed by tribes fails to get environmental license BRASILIA (Reuters) – Brazil’s environmental regulator Ibama decided on Thursday to shelve the environmental license request for a hydroelectric dam on the Tapajos River in the Amazon, a project that had been opposed by indigenous tribes and conservation groups.
Oil down over 1 percent as dollar jumps on U.S. jobs data NEW YORK (Reuters) – Oil prices fell 1 percent on Friday as the dollar surged on robust U.S. jobs data, reasserting its influence over commodities as two days of short-covering and bargain-hunting in crude fizzled, bringing attention back to oversupplies.
European money market reforms to have global impact: Morgan Stanley NEW YORK (Reuters) – Proposed money market reforms in Europe could raise short-term borrowing costs for banks around the world if some funds shun bank debt in favor of owning only government…
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