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posted on 27 December 2015

Early Headlines: Billion Dollar Star Wars, December Killer Tornadoes, Oil Wells In Reserve, EU Cities Warned, Japan Embraces India And More

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Early Bird Headlines 27 December 2015

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.

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Global

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U.S.

  • Tornadoes sweep through Dallas area; significant damage (Associated Press) Tornadoes swept through the Dallas area after dark on Saturday evening causing significant damage while a blizzard was blanketing parts of New Mexico and West Texas with snow, the latest in the nation's freakish winter weather pattern that sent temperatures plunging to near zero wind chill in the western Plains even as numerous record highs are forecast for the eastern U.S. See next two articles.

  • Severe Weather Death Toll Reaches 25 As New Tornadoes Hit Texas (The Huffington Post) Seven more dead in the Dallas area so far may be the most damaging tornado outbreak in December in history. Dozens of twisters have touched down in at least four states. And the death toll keeps risng: Reuters now report 26 fatalities. See also next article.

  • Historical Records and Trends (NOAA) December is the least likely month for tornadoes.

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  • Chicago police officer shoots, kills two, one by mistake (Reuters) In a city troubled by allegations of police misuse of force, a Chicago officer early on Saturday shot and killed a male college student and a mother of five, both black, and the police department later said the woman's death was both accidental and tragic. The Chicago police statement:

"Officers were confronted by a combative subject resulting in the discharging of the officer's weapon which fatally wounded two individuals. [ A woman, 55,] was accidentally struck and tragically killed ... the department extends its deepest condolences to the victim's family and friends."

  • Hoping for a Price Surge, Oil Companies Keep Wells in Reserve (The New York Times) The price of oil keeps dropping. But that didn't stop a work crew from drilling a well recently on what was once a cornfield, carefully guiding the last sections of 13,000 feet of pipe spiraling into the hard Niobrara shale with a diamond-tipped bit. Their well, one of hundreds drilled by Anadarko Petroleum in eastern Colorado's Wattenberg field this year, could someday gush as many as 800 barrels of crude oil a day. But Anadarko is not planning to produce a drop of crude from the well for at least another year because the price of oil is now so pitifully low.

  • Where Will Oil Prices Go in 2016? (CNBC)

EU

Japan

  • Japan embraces India as China looms (Al Jazeera) Last week Japan's Prime Minister Shinzo Abe concluded a visit to India with an armful of key agreements and a solidification of Tokyo's rapidly maturing relationship with New Delhi. During the summit, Abe and his Indian counterpart, Narendra Modi, agreed to a "special strategic and global partnership" premised on closer cooperation, economically and through stronger bonds on defense and security.

China

  • Chinese mine owner kills himself as 17 miners remain trapped (BBC News) The owner of a gypsum mine in China's eastern Shandong province has killed himself, as rescuers try to reach 17 miners who have been trapped for two days, state media report. One person died and four miners escaped when the mine collapsed on Friday. Since then, rescue workers have managed to pull a number of miners to safety.

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