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Entries for the ‘World News’ Category

What’s behind closure of Russia’s largest market?

Cherkizovsky of Moscow, Russia, Europe’s largest market and a cash cow that generated millions of dollars a year, was shut down couple weeks ago. According Moscow government, Cherkizovsky‘s closure was due to the fact that it’s a chaotic, filthy hub for knockoff and smuggled goods.
Apparently, it’s not that simple. Other factors appear to be at [...]

A toy from US triggered successful development of nuclear powered submarine in China

In early 60’s, a new but seemingly ordinary toy became kid’s favor as soon as it hit  the shelf of department stores. A diplomat from China who was ready to return to his country saw it and said to his wife: “It must be a good toy. Let’s buy one for our baby.”
It was this [...]

G8 Summit’s take on greenhouse gas emissions: a road to nowhere

We all heard of “bridge to nowhere” and “road to nowhere”. That’s not funny. What we see here is a real brand new road that leads to nowhere.
Gordon Brown has hailed an “historic” agreement between the world’s major industrialized nations to cut greenhouse gas emissions by 80% by 2050. He also said the deal paved [...]

World leaders’ expressions at G8 summit

Japan’s Prime Minister Taro Aso and France’s President Nicolas Sarkozy take their positions for a family photo during the G8 summit in L’Aquila, Italy July 8, 2009. Leaders from the Group of Eight major industrial nations and the main developing economies held talks from July 8-10.

From L-R: France’s President Nicolas Sarkozy, Russia’s President Dmitry Medvedev, [...]