Global Economic Crisis USA, China Economy 2013

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Thursday, 28 November 2013

60 Million Dollar Views Space hotel makes E.T. tourism reality

Forget the Maldives, the Seychelles - or anywhere else. If you are looking for a really exclusive holiday, you should be looking beyond our planet. A Russian company is building a new hotel in space which is scheduled to open in five years' time. ­And as RT found out, with an astronomical $60-million price tag, a good view is guaranteed. ...

Chee Keng Koon on Singapore insurance QBE Insurance World Finance Videos

Over the next seven years, the health insurance market in Singapore is set to quadruple, due to higher levels of disposable income. One of the key players in the region is QBE Insurance Group, and its Singapore CEO, Chee Keng Koon, talks to us about the recent changes in the Singapore insurance sector, the challenges that insurers are facing, and QBE’s plans for expansion in the rest of Asia. World Finance: Mr Chee, how has the insurance market...

Financial World Energy Economy Opec News Opec Oil

Senior policy makers played down the weakness of the ruble on Thursday, arguing that its weakness was natural and the result of external factors rather than the result of any deeper economic malaise. The currency steadied in morning trade after hitting a four-year low to the dollar a day earlier, underperforming other emerging market currencies that have been hurt by anticipation of a reduction in monetary stimulus by the U.S. Federal Reserve. The...

Missile system aimed at Russia? 'US can't guarantee it's not'

Iran is another story. There, sanctions seem to be working. In place, in essence, since the fall of the Shah in the 1979 Iranian revolution, they have been progressively tightened to the point the country is vying with Greece for economic dog of the decade. In the past year, Iran’s gross domestic product has declined by more than 5 per cent, annual inflation is running at no less than 40 per cent and youth unemployment is almost 30 per cent. Oil...

Revolution here to stayImmortal Technique full OWS interview

Revolution here to stay! Immortal Technique full OWS interview The young revolutionary movement Occupy Wall Street needs to be pushed forward to evolve into a working force that can influence US domestic affairs, believes Immortal Technique, a hip-hop star who has backed the group from the start. As the demonstrations against the Wall Street corporations enter their fourth week in New York, elsewhere they have grown into a nationwide protest with...

Generation Drain Mass exodus spawns ghost towns in rural Russia

As europe slides toward something like an economic meltdown, the crisis has created a new lost generation, a massive percent of young people unable to get work despite education... the christian broadcasting network cbn - Europes Bleak Economy Spawns Lost Generation -&nb...

No to Napoleon 'PC gone mad' as French textbooks purge past

No to Napoleon: 'PC gone mad' as French textbooks purge past Parents and teachers across France are up in arms over new textbooks which carry accounts of French history revised to avoid insulting ethnic minority pupils. They say common sense has been sacrificed to political correctness in French schools. Natives of France now fear their identity will soon disappear along with their history. ...

Post-9/11 Crusade How to win enemies and terrorize people

Security is being stepped up across the US following a terror threat on the eve of the 10th anniversary of the September 11 attacks. American intelligence intercepted communications from an Al-Qaeda operative in Pakistan indicating plans for a vehicle bomb plot against New York City or Washington. As RT's Marina Portnaya reports, a decade on many U.S. citizens still feel vulnerable in their own country....

Max Keiser WW3 is on as Wall St. banks plunder economy

The loss of America's AAA credit score has sparked panicked sell-offs on global markets. After several days of concern over whether France would retain its highest status, ratings giants reaffirmed its top billing on Wednesday. But investors remain unconvinced the country's finances are solid enough. Problems in the Eurozone will be up for discussion by the French and German leaders next week. ...

Damage Done US debt deal saga over as budget hole deepens

U.s. lawmakers have finally reached an emergency deal to avoid a debt default, after weeks of political bickering and stalemate. if passed by congress, the two-step compromise will permit american borrowing to continue after tuesday's deadline, in exchange for more than $2 trillion in federal cuts over the next decade. the deal was struck after barack obama held last-ditch intensive talks with dem - Damage Done: Us Debt Deal Saga Over As Budget...

Last shuttle Atlantis launch End to NASA 'space jobs'?

NASA Administrator Charles Bolden flanked by Space Exploration Technologies President and Chief Operating Officer (COO) Gwynne Shotwell and Orbital Sciences Corporation’s Executive Vice-President and General Manager Frank Culbertson along with several other NASA officials hosted a news conference on Wednesday Nov. 13 to discuss the closing of the space agency’s Commercial Orbital Transportation Services (COTS) program. With opening comments starting...

'Enough is Enough' Anti-war protest calls for Afghan pullout

Protestors hang anti-war banners from the scaffolding infront of parliament ahead of a debate on the Afghan conflict. Photograph: Carl Court/AFP/Getty Images Military families will deliver a letter to parliament tomorrow calling for troops to be pulled out of the "unwinnable" war in Afghanistan. More than 30 people who have either lost loved ones there or have sons and daughters serving have written to MPs ahead of tomorrow's parliamentary...

Red Alert Market plummet sparks panic avalanche

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$46 million for asphalt price fixing

Finland's Lemminkainen to pay $46 million for asphalt price fixing By Jussi Rosendahl HELSINKI (Reuters) - Finnish construction firm Lemminkainen (HEX:LEM1S) must pay damages of up to 34 million euros ($46 million) plus interest to local authorities in the country for fixing asphalt prices with competitors, a Helsinki district court ruled on Thursday. The company had faced claims for as much as 129 million euros but the...

Stronger U.S. data spurs world shares, yen falls

Stronger U.S. data spurs world shares, yen falls  Pedestrians are reflected on a stock quotation board at a brokerage in Tokyo November  (Reuters) - World shares rose toward six-year highs on Thursday and the yen languished at fresh lows against the euro and dollar after sentiment was boosted by a batch of strong U.S. economic data. The signs of an improving U.S. jobs market and...