On July 4 NATO Secretary General Anders Fogh Rasmussen delivered an address entitled “NATO – delivering security in the 21st century” at the Chatham House in London that should lay to rest forever any doubts…
Tag: global
A clutch of recent studies reinforces evidence that people are causing climate change and suggests debate should now move on to a more precise understanding of its impact on humans. The reports, published in…
Nation needs to mobilize its soft power resources to win more hearts Kung fu, pandas or Peking Opera are what one would commonly associate with China – but they are also vital cogs in a…
This year’s frenzy of oil and gas exploration in newly accessible Arctic waters could be the harbinger of even starker changes to come. If, as many scientists predict, currently inaccessible sea lanes across the top…
“The Bretton Woods times institutions are not the right tools to meet the 21 century challenges.” “An agreement to replace the US dollar by own currencies in mutual credit lines is a great achievement of…
(XINHUA) WASHINGTON – US President Barack Obama said on Friday that he believed there was sufficient global oil supply to fill in the gap by reducing exports from Iran, making it possible for more sanctions on Iran’s energy sector and countries buying oil from the Islamic republic. Obama said in a statement that his conclusion was made after carefully considering the current global economic conditions, increased production by some countries, the level of spare capacity, and the available strategic oil reserves, among other factors. He determined that there was a sufficient oil supply from other countries to permit a significant reduction in oil purchased from Iran, said the statement. “I will closely monitor this situation to assure that the market can continue to accommodate a reduction in purchases of petroleum and petroleum products from Iran,” Obama said. According to the National Defense Authorization Act, Obama is required to determine by Friday, and every six months after that, whether the United States can endure the impact of significant cut of oil output from Iran. The law, passed by the US congress and signed by Obama in December last year, is aimed at choking off Iran’s crucial oil revenue by targeting its central bank and financial sector, a move that allows…
The light goes out for 2012 Earth Hour AP reports on 2012 Earth Hour Lights out around the globe Landmarks across the world go dark as part of Earth Hour, a global campaign…
If only mankind can ignore Global Warming. If only Global Warming is really a MYTH. Ice caps are melting and strange weather patterns are ever increasing. The drastic decline of Arctic sea ice is another…
Combating Chinese Economic Encroachment in Central Africa Since the time of the British Empire and the manifesto of Cecil Rhodes, the pursuit of treasures on the ‘hopeless continent’ has demonstrated the expendability of human life….
Money is not a guarantee of happiness! But it can help solve many problems that affect our quality of life. These include the provision of job opportunities, adequate health care, public education at a cost…