NEW YORK, Aug. 11 (Xinhua)-- Oil prices climbed on Thursday as investors were digesting the latest remarks from the Saudi energy minister.
Saudi Energy Minister Khalid al-Falih said on Thursday that members of the Organization of Petroleum Exporting Countries (OPEC) as well as non-members would discuss the market situation, including any action that may be required to stabilize prices, during an informal meeting on Sept. 26-28 in Algeria.
Earlier this week, OPEC said in a statement that members of the group are "in constant deliberations on ways and means to help restore stability and order to the oil market."
"The recent decline observed in oil prices and the current market volatility is only temporary," said Mohammed bin Saleh Al-Sada, Qatar's energy and industry minister and the group's current president, in the statement.
"The economies of major oil consuming countries are expected to improve which in turn would augment oil demand in the coming quarters... oil price would increase during later part of 2016," he said.
The West Texas Intermediate for September delivery added 1.78 U.S. dollars to settle at 43.49 dollars a barrel on the New York Mercantile Exchange, while Brent crude for October delivery increased 1.99 dollars to close at 46.04 dollars a barrel on the London ICE Futures Exchange.
SAN JOSE, July 16 (Xinhua) -- Some 96 percent of Costa Rica's electricity came from renewable sources in the first half of 2016, the President's Office said Friday.
The largest part of Costa Rica's electricity mix is hydraulic power, which accounted for 70 percent of the total generation, said the office, citing preliminary data from the state electricity agency.
During the six months, the country produced 13.4 percent of its electricity through geothermal sources, 12 percent from wind and 1.4 percent from biomass, according to the Costa Rican Electricity Institute (ICE).
ICE chief executive Carlos Manuel Obregon said that the high production of clean energy is mainly due to the fact that in June, almost all electricity was generated from renewable sources thanks to the favorable hydrological patterns.
Costa Rica is very close to realizing its ambition of creating only clean electricity. In 2015, some 99 percent of its electricity was from renewable sources, according to ICE.
THE HAGUE Cheap Nike Air Foamposite One , Dec. 19 (Xinhua) -- The Dutch ruling parties VVD (Liberals) and PvdA (Labor) reached a deal Thursday on an adjusted new health care law and hope to have avoided a continuation of the political crisis.
The unexpected government crisis arose on Tuesday after three PvdA members of the senate voted against health insurance reforms by VVD current Minister of Health, Welfare and Sport, Edith Schippers.
Contrary to the situation in the Tweede Kamer, the house of representatives Cheap Nike Hyperadapt 1.0 , the current VVDPvdA coalition government does not have a majority in the Eerste Kamer, the senate, with 30 of the 75 seats.
Minister Schippers had reached a deal with the democrats (D66) and two Christian parties (CU, SGP) to support the new law. This would mean a majority of 38 of the 75 seats in the senate.
But with three PvdA senators voting against the law Cheap Nike Air More Money , the narrow majority turned into a minority.
To make new or adjusted rules and laws, the Dutch government needs a majority not only in the house of representatives, but also in the senate.
"Appointments in a coalition should be fulfilled and in this case obviously something went very wrong," PM Rutte (VVD) said afterward.
The law is crucial for VVD Minister Schippers and a cancellation would probably lead to her departure.
According to several Dutch media Cheap Nike Zoom VaporFly , this could mean an early end to second cabinet of Prime Minister Mark Rutte, which started on Nov. 5, 2012.
For Schippers the new health law was aimed at saving 1 billion euros (1.25 billion U.S. dollars). She hoped competition between the health care insurers would improve the quality of care and also make it cheaper.
Under the new law, from 2016 Cheap Nike Odyssey React Mens , people who can afford it would be able to choose their own doctors and healthcare providers, but people who choose a cheaper insurance will have to go to the choice of the insurers, who made agreements with doctors and healthcare providers.
According to opponents of the law, that would give too much power to the insurers.
After the failure of the law in the senate on Tuesday Cheap Nike Odyssey React Womens , the crisis talks started and continued on Wednesday and Thursday.
Late on Thursday, Rutte sent a letter to the parliament in which he explained a new deal between the two ruling parties.
In the letter Rutte said he is willing to adjust the law, based on two key points: to better ensure the existing freedom of choice among patients for doctors and healthcare providers and by achieving a better balance of power between the insured and health insurers.
Rutte said he hopes the adjustments will be enough for the three PvdA "dissidents" in the senate to vote in favor this time. The government will now resubmit the bill for approval by the house of representatives and the senate.
A majority in the house of representatives will not be a problem once again for this adjusted health care law. However, the leaders of the opposition parties D66 (Democrats) www.odysseyreactshoes.com , CU and SGP (Christian Parties) already stated after negotiations Thursday that they do not yet agree with the new deal.
This could mean the law would not get a majority again in the senate, even if the three PvdA senators vote in favor this time.
Soon after Rutte's letter was sent, a debate started late Thursday in the parliament, on the situation Cheap Nike Odyssey React Sale , the letter, and the adjusted health care law. The Dutch politicians may work night shifts just before the Christmas break.