Ben Quinn, correspondent for The Christian Science Monitor, reports that Virgin owner and megawealthy Richard Branson supports the alarmist ‘warning of an impending peak oil crisis.’ Branson and some fellow British business leaders funded a recent study whose report supports the claim that peak oil will be real by 2015. The impending scenario where oil [...]

The first Grand Slam (Australian Open) men’s title of the year goes to none other than the undisputed champ himself, Roger Federer. With this win, Federer picked up his 16th grand slam trophy, which is two more than the record held by Pete Sampras. At 28, Federer is still conspicuously showing the signs that he [...]

Yemen has been evaluated by some authorities as a failing state, on its way to following the footsteps of dismally-governed Somalia that has become a failed state. Yemen is currently wracked by the al-Qaeda threat. There is also a war in the northern part of the country with Shi’ite rebels. In the south, a separatist [...]

Debt and the institutional accumulation of it are wracking the world. Dubai’s case might just be a harbinger of a series of blowups that is soon to follow. Fact is, there are similar financial trouble spots across the globe right now. The ‘one-time wonderland in the desert’ that is now struggling to pay its bills, [...]

Tony Blair and Gordon Brown have presided over more than a decade of almost continuous war. It started with air strikes on Iraq in 1998. Kosovo, Sierra Leone, Afghanistan, Iraq proper, and ‘a much bigger Afghan commitment’ followed.
Much of the sentiment regarding the largely Western-waged war on terror has made Britain regard the war in [...]

The developing countries will now play a more significant role in the economic policies of the world. The ultra-elite club of the richest industrial nations known as G7 will relinquish its top level global economic forum to the much broader G20 that includes the emerging economies and developing countries such as China, Brazil, and India.
The [...]

His speech was long and rambling about nothing much more than his aversion to the powers of the Security Council. His first translator got very tired. At the end of his speech, the hall was half-empty.
Some of his rantings were: Israel having had a hand in the JFK assassination, swine flu might be a military [...]

In the countdown to the much-awaited and carefully-prepared for climate summit to be held in Copenhagen towards the end of 2009, ‘the United Nations is planning a form of diplomatic shock therapy for world leaders this week in the hope of injecting badly needed urgency into negotiations for a climate change treaty that, it is [...]

The experts at the British Chambers of Commerce are out with the opinion that the worst phase of the global recession that hit the Britain shore is over. The signs of the recovery are already on its way with the growth in the GDP after a sharp fall before the month of March.
The British [...]

Central banks across the world have issued a warning that the British economy is headed towards a relapse into another recession. The indicators are palpably threatening and will most likely endanger a sustained recovery. Bank lending is still in dry spell. The Bank of England confirms that the country’s banks and other financial institutions still [...]