Russia is building its own fifth-generation fighter jet — a plane that might even have some advantages over the U.S.’s troubled F-35. The PAK-FA, also known as the T-50, is still in prototype, and is built to emulate and improve upon many of the successes of the American F-22 — the only effective fifth-generation airplane […]
World News
China’s Fifth Generation Fighter Aircraft J 20 | A Game Changer
China is in the process of developing its own native fifth-generation fighter to compete with the F-35 Joint Strike Fighter, and Russia’s T-50. Although China has been secretive about the exact specifications of the aircraft, experts are warning that the plane could be a game-changer in East Asia’s potentially fragile security environment. China’s Chengdu J-20 is currently […]
Sudan and South Sudan are on Brink of Another War
Sudanese President Omar al-Bashir threatened on Wednesday to overthrow the `insect` government of South Sudan, amid global efforts to pull the rivals from the brink of all-out war after the South seized a key oilfield. “Our main target from today is to liberate South Sudan`s citizens from the SPLM (Sudan People`s Liberation Movement), and this […]
Drought in Afghanistan will effect 2.6 million people
Zara, an Afghan mother of seven, doesn’t know what to tell her children when they ask about dinner. ”I simply tell them that we must wait until their father gets home to see if he’s going to bring anything,” she said, speaking from under a dusty blue burqa covering her from head to toe. Zara, […]
European Economies 2011, European Economic Review 2011
EUROSTAT, the EU statistical agency, has reported a sharp slowdown in economic growth during the second quarter. Gross domestic product for the European Union as a whole grew at a quarterly rate of 0.2 per cent according to preliminary estimates from Eurostat. It was the weakest growth rate in two years and came after a […]
East European Economies 2011, Growth & Economic Review
THE heavily export dependent economies in the region would almost inevitably be dragged down by the rapid slowdown in Europe’s principal economic motor, the German economy. The Czech Republic, Hungary, Slovakia, Bulgaria and Romania all reported slower GDP growth in the second quarter, due in large measure to the disappointing performance of their German neighbour, […]
Russian Economic Review 2011 | Economy of Russia in 2011
THE World Bank has cut its forecast for Russian economic growth this year to 4% from a previously estimated 4.4% as a result of an expected slowdown in the U.S. and the European Union, a decline in oil prices and the euro-zone debt crisis. The bank expects Russia’s GDP to grow 3.8% in 2012. Its […]
North Korea-Iran Nuclear Cooperation and Alliance
It is one of the West’s biggest nuclear proliferation nightmares — that increasingly isolated Iran and North Korea might covertly trade know-how, material or technology that could be put to developing atomic bombs. “Such a relationship would be logical and beneficial to both North Korea and Iran,” said Mark Hibbs, an expert of the Carnegie […]
Pine Gap top secret US Military Base in Australia
Deep in the silence of Australia’s Outback desert an imposing American spy post set up at the height of the Cold War is now turning its attention to Asia’s growing armies and arsenals. Officially designated United States territory and manned by agents from some of America’s most sensitive intelligence agencies, the Pine Gap satellite station […]
Chinese Solar Power Industry is the Largest in the World
China’s solar power firms are emerging as the industry’s dominant force after the collapse of foreign competitors, but the new market leaders are already struggling with low prices and overcapacity. As the workshop of the world, China has used cheap labour and state support to build a solar industry from scratch in just over a […]