A fire has started at a 1400mm pipeline in Russia. The Urengoy is the largest gas extraction facility in the country, and the second-largest natural gas field in the world, after South Pars/North Dome Gas-Condensate field in the Persian Gulf which is shared between Iran and Qatar.
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When the U.S. housing bubble burst more than a decade ago, it brought the global economy to its knees. It turned out that the multiyear housing boom through the early 2000s was hiding skeletons. Homebuyers, driven by a fear of missing out on home price gains, were stretching themselves well beyond their financial means. And zealous lenders were…Read More

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