 | Need to invest in clean energy research: PM
PRIME Minister and Minister of
Foreign Affairs HE Sheikh
Hamad bin Jassim bin Jabor al
Thani has called for adopting a
post-oil strategy, suggesting that
some of the returns on oil should
be invested in scientific research
for clean energy.
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| | GCC spending oil revenue
in right direction: Kamal |  THE total revenue of gulf oil
exporting nations reached
about $800 billion in 2011 due
to high oil prices, and this
money is being invested in
domestic spending to mitigate
the negative effects of economic
situation that gave rise to the
Arab uprising. This was said by
the Minister of Economy and
Finance HE Yousef Hussain
Kamal at the 14th Arab
Businessmen Forum, in Doha,
on Monday.
The businessmen forum,
organised by the Qatari
Businessmen Association, was
attended by about 400 businessmen
from the Arab world.
"It must be admitted that
most of the challenges facing the
region is arising from the internal
pressure caused by the lack
of budget... | | | Japan LNG imports up 28%
as nuclear use dwindles |  JAPAN´S imports of liquefied
natural gas (LNG) soared to a
record high in January mainly
to fuel electricity generation,
helping make up for
dwindling use of nuclear
power due to the Fukushima
radiation crisis.
But imports of comparatively
more expensive crude
oil by Japan, the world´s
biggest LNG importer and
the third-biggest oil user, fell
2.1 percent from a year earlier,
down for the third month
in a row, government data
showed on Monday.
The volume of customscleared
LNG imports rose
28.2 percent from a year earlier.
The LNG imports, mainly
from Qatar and Malaysia,
totalled 8.15 million tonnes
in January, exceeding the
previous record of 7.545... | | | Japan logs $18.5 billion trade
deficit for Jan on low exports |
 JAPAN posted a record
trade deficit in January, data
showed on Monday, as fuel
imports rose following last
year´s nuclear disaster while
exports were hit by a strong
yen and slumping demand
in Europe.
The January deficit came
in at 1.475 trillion yen ($18.5
billion), the highest since
records began in 1979, the
finance ministry said.
The record figure comes
after Japan registered its
first annual trade deficit in
31 years in 2011, and triggered
warnings that the
country was likely to see
more negative figures
throughout the year.
The January statistic was
more than triple the yearbefore
shortfall of 479.4 billion
yen and far exceeded
the previous monthly record
of 967.9... | |
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