China ranks second in the world in terms of spending on the armed forces (the first is the United States). Last year, Beijing spent 188 billion dollars on the needs of the army. China's defense budget is increasing every year. Let's try to understand why this is so and should we wait for a slowdown...

China has signed a Memorandum of Understanding (MoU) with Hungary, to develop trade relations and infrastructure projects. Hungary has become the first European nation, to sign the deal with China. China now hopes that Hungary’s approval of the Silk Road plans, to be an example, to encourage other...

An appeal by broadband providers to temporarily ban the implementation of Net Neurality rules was turned down by the US court. The US Federal Communications Commission's net neutrality rules will take effect on Friday as planned after a federal court rejected requests by wireless and broadband...

Nestle India's much-loved instant noodles brand Maggi has been under the fire in the country and now the FDA is also testing samples in the US. Nestle’s instant noodles brand Maggi, which has been under the scanner in India over the past one month, is now being tested by the US Food and Drug...

The consumption of gas, oil and coal in the world has slowed sharply. Developed economies have learned to grow without additional volumes of energy. There is storm in the energy market – say BP analysts. The world energy market has changed over the last year with unprecedented speed - analysts of...

Many questions, concerning the whereabouts of the $10 million payment to the Caribbean Football Union, have recently surfaced. This has now led to other different doubts being voiced. Following these incidents, actions are being taken accordingly, to remove corruption. A question has been around...

US has proved to have more enemies than it would like to think as personally identifiable information of about four million current and former federal workers were compromised in a record-breaking cyber attack. This is one of the many recent attacks with source in foreign lands that were aimed at...

The money laundering scandal at HSBC's Swiss arm has forced the British bank to pay a record fine to the Geneva authorities to escape a criminal inquiry in the country even while it is being prosecuted in other countries simultaneously. British multi-national banking firm HSBC has been mandated by...

Beau Biden’s sad demise brought into forefront the prolonged debates and discussions of the complexity that is brain cancer. Even though much progress has been made with cancer research, brain cancer still remains an enigma basically. This year’s meeting of the American Society of Clinical Oncology...