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economic damage News

Canada prepares for its own shale oil and gas revolution

Toronto - Canada's oil industry was brought to its knees with the U.S. shale boom — ending twenty years of rapid expansion and job creation in the country's vast oil sands. However, Canada is now looking to its own shale formations to repair the economic damage.

Cyclone Yasi aftermath

Brisbane - Cyclone Yasi is going to leave a mark on the psyche of Queensland for a while. People who have lived through several cyclones described Yasi as "terrifying". The real terror may be yet to come, as people assess the damage, which is colossal.

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