North Korea has the ability to “weaponize” its nuclear technology and put a warhead on a missile, the South Korean Defense Ministry said, contradicting the U.S. position that the country is years away from gaining the technology.
Friday, September 6, 2013
Thursday, September 5, 2013
India's economic growth slowest since 2009
India's economy just can't seem to catch a break.
The nation's gross domestic product -- the broadest measure of economic growth -- came in at 4.4% annual rate for the April to June quarter.
Wednesday, September 4, 2013
Japan unveils $470 million plan to stem Fukushima water leaks
The Japanese government on Tuesday unveiled a $470 million plan to stem radioactive water leaks at Fukushima, including freezing the ground underneath the stricken nuclear plant, as it pledged to lead from the front.
Tuesday, September 3, 2013
Sovereign Debt and Beyond: Toward a New Magna Carta?
Source: The Globalist
Alexander Mirtchev
and Norman Bailey
The global debt burden
appears to have gathered an unstoppable momentum, prompting divergent
reactions. The world economy cannot count on growth to solve the global debt
problem — and stimulus measures are not a sustainable solution. In the second
installment in the series “The Search for a New Global Equilibrium,” Dr.
Alexander Mirtchev and Dr. Norman Bailey explain why the solutions currently
being offered are wholly inadequate to the scale of the problem, and argue the
time is ripe for a “new Magna Carta” — a redefinition of the social contract
among the government, Main Street and Wall Street.
Asia Pacific on Track For Another Record Year in International Visitor Arrivals
International visitor arrivals into Asia Pacific destinations have expanded at better than eight per cent over the first part of the year according to preliminary estimates released by the Pacific Asia Travel Association (PATA) today.
Monday, September 2, 2013
China's manufacturing sees hefty rebound in August
BEIJING: China's manufacturing sector posted a strong recovery in August, offering further signs that the world's second largest economy is walking out of the shadows of protracted slowdown, official figures showed today.
Sunday, September 1, 2013
Gold Output in Australia Increases in Second Quarter on Grades
Gold output in Australia, the world’s second-biggest producer, advanced in the second quarter on an increase in the amount of metal mined and higher ore grades, according to mining consultant Surbiton Associates Pty.
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