World & Politics
Greece: New Elections or a Referendum? - 03/11/2015
The Eurogroup extended duration of Greece Financial aid program. However, the chance of salvation suddenly turned to the increase of internal government contradictions, argues Deutsche Welle. Intra-party disputes in the ruling coalition government in Greece are not only around the country's membership in the euro zone, but also on relations of Athens and creditors. In late February, the EU...
Sharp Turn of Economic Growth in Developing Countries - 03/10/2015
American economist, Professor at the Institute for Advanced Study in Princeton, Dani Rodrik, noted in his column on the website Project Syndicate that recent discussion about economic growth in developing countries made a sharp turn. Inspiring, which was observed in recent years around the prospects of developing countries, has evaporated. According to him, there are only a few serious economists...
The Russians are Buzzing the skies all over Europe - 03/10/2015
There have been numerous citing of Russian military aircrafts flying with their transponders witched off, and coming close to civilian passenger planes. What should be NATO’s response to such threats? The Russians are back, flexing their muscles. Their warplanes are increasingly flying dangerously close to civilian aircrafts. And that too with their flight transponders off. Typically aircrafts...
World Bank projects 6 to 7% growth for Kenya - 03/09/2015
Thanks to the global oil price slump, Kenya is projected to be one of the speediest growing economies of Sub-Saharan Africa by a latest report published by the World Bank. According to the latest Kenya Economic Update (KEU) by the World Bank, Kenya’s growth is estimated to go up from last year’s 5.4% to 6-7% over the next three years. The report noted that external and internal balances...
Eight Million Tons Plastic Dumped In Oceans - Damaging Marine Ecosystem - 03/09/2015
Plastic trashed into the oceans is harmful for marine ecosystem as well as marine life. Every year, nearly 8 million tons of plastic wastes are tossed in the oceans worldwide. It is equivalent to 5 bags full of plastic trash that is sufficient to cover every inch of coastlines across the globe. Science journal published that such huge amount of plastics dumped into the ocean is coming from 192...
How ISIS recruits and helps its foreign fighters reach Syria & Iraq - 03/09/2015
A peek into how ISIS, or more correctly Daesh, recruits its fighters and sex slaves “brides of Jihadists” The Bard had once said “What’s in a name?” Well going by France’s Foreign Minister Laurent Fabius, quite a bit actually. ISIS, or the ‘Islamic State of Iraq and Syria’ has been splattering itself all over the news lately with its shocking brutalities which only goes to highlight its...
China to launch a new international payment system - 03/09/2015
China's international payment system (CIPS) can be launched in September or October, reports Reuters, citing sources familiar with the situation. China's international payment system (CIPS) may be launched in September or October, reports Reuters, citing sources familiar with the situation. The system, which will make payments in RMB worldwide, would replace a number of existing systems and...
