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A giant stellar void in the Milky Way

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A major revision is required in our understanding of our Milky Way Galaxy according to an international team led by Prof. Noriyuki Matsunaga of the University of Tokyo.

The Japanese, South African and Italian astronomers found that there is a huge region around the center of our own Galaxy, which is devoid of young stars, phys.org wrote.

The team published their work in a paper in Monthly Notices of the Royal Astronomical Society.

The Milky Way is a spiral galaxy containing many billions of stars with our Sun about 26,000 light years from its center. Measuring the distribution of these stars is crucial to our understanding of how our Galaxy formed and evolved.

Pulsating stars — called Cepheids — are ideal for this. They are much younger (between 10 and 300 million years old) than our Sun (4.6 billion years old) and they pulsate in brightness in a regular cycle. The length of this cycle is related to the luminosity of the Cepheid, so if astronomers monitor them they can establish how bright the star really is, compare it with what we see from Earth, and work out its distance.

Despite this, finding Cepheids in the inner Milky Way is difficult, as the Galaxy is full of interstellar dust which blocks out light and hides many stars from view. Matsunaga's team compensated for this, with an analysis of near-infrared observations made with a Japanese-South African telescope located at Sutherland, South Africa.

To their surprise they found hardly any Cepheids in a huge region stretching for thousands of light years from the core of the Galaxy.

Noriyuki Matsunaga explains: “We already found some while ago that there are Cepheids in the central heart of our Milky Way (in a region about 150 light years in radius). Now we find that outside this there is a huge Cepheid desert extending out to 8000 light years from the center.”

This suggests that a large part of our Galaxy, called the Extreme Inner Disk, has no young stars. Coauthor Michael Feast noted: “Our conclusions are contrary to other recent work, but in line with the work of radio astronomers who see no new stars being born in this desert.”

Another author, Giuseppe Bono, pointed out: “The current results indicate that there has been no significant star formation in this large region over hundreds of millions years.

“The movement and the chemical composition of the new Cepheids are helping us to better understand the formation and evolution of the Milky Way.”

Cepheids have more typically been used to measure the distances of objects in the distant Universe, and the new work is an example instead of the same technique revealing the structure of our own Milky Way.

 

 

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South Korea gearing for Iran trade in euro

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outh Korea is in the final stages of preparation to trade with Iran in the euro, which it aims to do 'as soon as possible', its finance minister said on Wednesday.

"It's probably going to happen by yearend," Yoo Il-ho told reporters, referring to efforts to finalize talks with Iranian counterparts, banks and possibly the United States as sanctions against the Middle Eastern country are being lifted, Reuters reported.

Yoo said he expects South Korean companies to conduct business with Iran in euros within this year.

Asia's fourth-largest economy has been trying to revive trade with Iran after a historic lifting of Western sanctions.

As a major buyer of Iranian oil, South Korea is bolstering efforts to facilitate trade between the two nations currently settled in the won.

Turning to the issue of trade protectionism, Yoo said it is time to consolidate international coordination to make sure countries don't impose more protectionist trade policies.

 

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Iran approves new oil contract model

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Iran approved an outline for a new oil contract model, taking the OPEC member a step closer to welcoming foreign investment in its energy industry and boosting production even more into an oversupplied market.

The outline was approved at a cabinet meeting Wednesday, reported Bloomberg citing IRNA.

Priority will be given to boosting production from jointly owned oil and gas fields, according to state radio quoting Oil Minister Bijan Namdar Zanganeh.

 The government wants to lure international oil companies that can make long-term investments worth billions of dollars and bring cutting-edge technology into the country after sanctions that restricted its crude supplies were eased in January.

Big oil companies such as Italy's Eni SpA and France's Total SA have expressed an interest in developing Iran's oil and gas fields. Iran has been working on the oil contract model for the past two years.

The country hopes companies will invest as much as $50 billion a year. It's already succeeding in meeting its pledge to regain market share it lost due to the illegal sanctions.

Production was 3.55 million barrels a day in July — 27 percent higher for this year and the most since December 2011 — according to data compiled by Bloomberg.

"Any process is going to take time and a lot of steps before any investment goes into the ground," Edward Bell, commodities analyst at Emirates NBD in Dubai, said by phone. "This isn't going to be a step change in the way markets are going now."

Brent crude prices fell 15 percent in July amid a growing recognition the global surplus of crude will take time to clear. Iran seeks to reach an eight-year high for daily output of four million barrels by the end of 2016, with foreign investment helping it regain the position as OPEC's second-largest producer. It was third-largest in July, according to data compiled by Bloomberg.

The new contract model was approved in a cabinet session presided by President Hassan Rouhani. The Oil Ministry will review each contract to be signed with potential new investors, including details on price, duration and other terms of the project, according to state radio.

 

 

 

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