Saudi Government’s Anxious On Congress Decision
Related With 9/11 Attacks
Saudi
Arabia has asked Obama administration to stop Congress passing the law related
with 9/11 attacks. The White House reportedly to release decision on Saudi government
involvement in 9/11 attacks followed by Saudi reaction to sell billions of
dollars in U.S. financial assets. Adel al-Jubeir, Saudi Foreign Minister according
to New York Times, has sent message to Congress that his country to consider selling
as much as US$750 billions if Washington legally passed the law. Saudi connection in terror attacks included in
28 pages documents will be sent to Congress for approval to declassify in 60
days. The deadly terror attacks allegedly conducted by al Qaeda killed almost
3,000 people on Sep. 11 2001. The 9/11 commission initially found no evidence
on Saudi involvement, however they suggest to include either institution or senior
officials get involved in the attacks. (PE01/FO/16/Apr/16)
Electric Cars To
Replace Gasoline Cars In The Next Decade
Electric car
associated with costly battery that makes gasoline car still on top of demand. According
to Bloomberg analysis, battery prices fell significantly 35 percent last year could
drive producer start of mass production for electric cars. With low cost battery,
industry will sets up more affordable price such as for long-range car less
than US$22,000. Some companies like Tesla and Ford Model T Cruise forecast their
sales rise 60 percent by 2020, the number that Electric Vehicle worldwide sales
grew last year. In the next few years, Tesla, Chevy and Nissan plan to release
new model with tag price around US$30.000. Battery essentially is not an issue because
after 2030, the costs predicted to be lower as materials used in the battery
chemistries less than 1 percent of lithium, nickel, manganese and copper reserves.
Moreover, the next technology revolution expected to make the units becoming more
sophisticated, cheaper and smaller. (PE02/CB/17/Apr/16)