The United States said on Wednesday it would “reserve judgment” on Pakistan’s peace deal with pro-Taliban militants, and would monitor how effective it is in stopping attacks. “We’ll see. We’ll reserve judgment on these things,” State Department spokesman Sean McCormack told reporters when asked about the deal for Swat valley. Success in fighting militancy involves […]
China Snoops for Huge Oil Reserves in Spratlys
If there is anything that the Filipino citizenry should be happy about, it is the latest announcement by the government to cancel its tripartite agreement with China and Vietnam for the joint seismic geographical survey on the portion of the Spratly Group of Islands for energy exploration. Why not? After all these shenanigans in government, nobody is certain […]
Current Oil Prices and Alternative Fuel Research Not an Indication of World Oil Reserves
Pull up to any gas station anywhere in America and you are likely to experience some degree of sticker shock. At a glance, prices can be explained away by geo-political factors – crisis in the Middle East and America’s deteriorating relationships with oil-exporting nations, such as Russia, Venezuela, Iran, and Sudan. These delicacies are certainly […]
Huge reserves boost PRC’s trade surplus
With bilateral trade surpluses reaching US$194 billion last year, China’s trade with the rest of the Asia has slackened owing to the increase in supply chains, which sought manufacturing inputs from its neighbors. The largest conributor to the trade surplus was the assembly and export of imported intermediate items, whose inputs were exempted from tariffs, […]
Coronavirus: Wealthy investors look to diversify portfolios amid virus chaos
The coronavirus pandemic has wreaked havoc on the global economy, and as more and more countries go into lockdown, the financial markets have taken their biggest hit since the 2008 Recession, if not ever. The uncertainty caused by COVID-19 has resulted in hordes of fearful investors simultaneously selling off their holdings, and either diversifying their […]
International Green Scene: First Wetland Nature Reserve & “Green” Building Launched in Sheikh Saud Bin Saqr’s RAK Emirate
The United Arab Emirates has a long and well-deserved reputation as a hotbed of technological innovation. Nowhere is this more true than in the country’s northwesternmost emirate, the beautiful enclave of Ras Al Khaimah. Flanked by the Persian Gulf on one side, the Indian Ocean on the other, and riven by a stunning mountain range […]
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