POLITICS & POLICY

Detention of Greenpeace Ship: Russia, Netherlands in Diplomatic Standoff

Russia and Netherlands seem set on a diplomatic collision course on the recent detention of a ship used by Greenpeace International and its 30 crew members of various nationalities who attempted to stage a protest against the offshore ice-resistant fixed platform ‘Prirazlomnaya’ in the Barents Sea. Netherlands has approached the United Nations-backed International Tribunal for the Law of the Sea, requesting provisional measures - for the Greenpeace International ship, ‘”Arctic Sunrise” which fi...

NSW Fire: Aggressive Firefighting Yielding ‘Positive Result”

Aggressive firefighting strategy seems to be yielding “positive results” in the raging inferno that have enveloped Blue Mountains of New South Wales (NSW). The NSW Rural Fire Service (RFS) had started backburning in an effort to contain the spread of the fire front.

India, Russia Agree to Sort Issues on 2 Units at Kudankulam Nuclear Power Plant

India and Russia, on Monday, reaffirmed their strong bilateral relations and pledged to “resolve all outstanding issues” related to the Kudankulam Nuclear Power Plant in Tamil Nadu. Russia has been opposing the liability clauses which India is seeking to apply to nuclear power plants under its new Civil Liability for Nuclear Damage Act.
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Gas Distributors To Benefit From China Reduced Coal Usage

China's desire to curb the country's production of air pollution and clean the environment will be beneficial to many of its gas distributors. China Gas Holdings Ltd, the country's biggest distributor by a number of networks, said China's reduced coal consumption plan will help boost earnings by 2020 to about five-fold over the current figures.

The US Government’s Great Ponzi Scheme

Hyman Minsky was an economist who pioneered analysis of debt bubbles. Charles Ponzi was an Italian businessman turned con-artist in the US. Barack Obama is a 'community organiser', also turned con artist in the US. The US debt ceiling debacle is the story of what you get when all three go into the opium business together...

JPMorgan May Pay Record $13 Billion Fine For Role In Subprime Mortgage Crisis

U.S. banking giant JP Morgan Chase will reportedly pay $13 billion to end federal and state investigations into mortgage-backed securities it sold before the financial crisis, marking the largest civil penalty ever levied onto a U.S. company and wiping out more than half of the bank's 2012 profits.

Will China’s Yuan Currency Be Ready for the Big Time?

If you thought Fortescue Metals Twiggy Forrest's bank account could fill up fast, check out the People's Bank of China. Data revealed this week that China's foreign exchange reserves increased $US160 billion to hit US$3.7 trillion. That's some serious money.

Canada Figures in Another Train Derailment Accident in Just 3 Months, Alberta Residents Forced to Evacuate, Two Rail Cars Still on Fire

More than 100 people residing in Edmonton in Canada's rural area of Alberta have been forced to evacuate after 13 cars owned by the Canadian National Railway Co (CNR) derailed on early Saturday morning. No injuries were reported. Two cars, which form part of a trainload carrying crude and liquefied petroleum gas, remain on fire.

UN Security Council Gets Five New Members for Two-Year Term

Chad, Chile, Lithuania, Nigeria and Saudi Arabia have been elected to serve on the United Nations Security Council for a two year term beginning Jan 1, 2014. The UN General Assembly, elected the five countries as as non-permanent members to the Security Council on Thursday. These countries will replace Azerbaijan, Guatemala, Morocco, Pakistan and Togo, whose terms will conclude by the end of the year.

Len Brown’s Mistress Bevan Chuang ‘Pressured’ To Reveal Affair With Auckland Mayor

She had nothing to gain and a lot to lose, so why did Bevan Chuang go public with her illicit affair with married with children Auckland mayor Len Brown? The 32-year-old woman at the centre of the incumbent mayor's sex scandal has revealed that she was pressured to expose the affair by his rival John Palino's election campaign team.

2013 Comet ISON: 'Comet of the Century' to Shine Brightly by End of October, Amateur Astronomers Share Captured Images of Comet ISON [PHOTOS]

Scientists and amateur astronomers expect the fast approaching 2013 Comet ISON to shine brightly and become visible through telescopes by the end of October which refutes initial reports regarding the fizzling out of the “Comet of the Century.” The amateur astronomers were able to spot and capture images of the approaching comet with the use of professional telescope lens.

Blackberry Gets Slapped with 2nd Lawsuit, Asks Shareholders to Hold On

For the second time in the past week, embattled Canadian telco firm Blackberry has received another round of lawsuit. On Tuesday, Blackberry shareholders in Quebec filed a class-action lawsuit against the company, alleging the company has been taking them for a ride by issuing statements that only allude to false hopes.

Is Trudeau the Next Prime Minister of Canada?

Is 2015 going to be a lucky year for Justin Trudeau? Will he able to grab the keys of 24 Sussex Drive? Will he be the next prime minister of Canada? The assumptions are going strong.

Auckland Mayor Len Brown Admits To Affair, Refuses To Step Down

Auckland Mayor Len Brown is adamant that he will not step down from power. The controversial New Zealand politician has admitted that he had an affair with former council advisory board member Bevan Chuang, but refuses to give up his position.

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