Mark Mobius, executive chairman of Templeton Asset Management’s emerging markets group, said another financial crisis is inevitable because the causes of the previous one haven’t been resolved.
“There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis,” Mobius said at [...]
“There are basically two business models: manipulating girls through violence—that’s called ‘gorilla’ pimping—and controlling them with drugs,” says Patel, who prosecuted the case of New York–based trafficker Corey Davis, a.k.a. “Magnificent.” A high-living, highly educated pimp who kept the slave master’s manifesto The Willie Lynch Letter and the Making of a Slave in his Mercedes, [...]
The 22-member Arab states will seek membership for a Palestinian state — with East Jerusalem as its capital — during the next United Nations session in September, according to a statement released through QNA Saturday by the Ministerial Committee on the Arab Peace Initiative.
Throughout China’s dynastic history, keeping mistresses was not only tolerated, but actually had the official seal of approval from the men at the top. The country’s emperors maintained legendary harems of concubines, as did noblemen, wealthy merchants and anyone seeking to enhance their social status. Indeed, the country’s most famous classic novel, Dream of the [...]
As the crisis in Syria continues, many observers are beginning to say that if the protesters cannot overthrow the regime, the economy will. With political uncertainty at a suffocating level, the Syrian pound has fallen against the U.S. dollar. As a result, Syrians are feverishly hauling their money out of banks — about 8% of [...]
A senior Israeli military official says the army is bracing for the possibility of renewed violent protests along the country’s borders in the coming days. The official could not be identified under military police
Facebook-organized demonstrators are promising unrest on the 44th anniversary of the 1967 Mideast war this weekend.
Furthermore, just as the Pakistanis want to use China as a bulwark against India, China — while not shying away from strategic competition with India — must at the same time be careful not to unduly antagonize India. For China is building or upgrading ports not only in Pakistan and Burma, but in Bangladesh and [...]
Congress gave him until the end of 2011 to report on the USPS’s woes. But Herr and his team concluded that the postal service’s business model was so badly broken that collapse was imminent. Abandoning a long tradition of overdue reports, they felt they had to deliver theirs 18 months early in April 2010 to [...]
It wasn’t merely that Medvedev had chosen a date almost comically far into the future to suggest when the two nations might come to terms; the particular date he chose carried special meaning. 2020 is the year when the State Department has estimated the U.S. will deploy the SM-3 Block IIB, a missile still on [...]
Vietnam protested to China over an incident yesterday in which it says three Chinese vessels cut the survey cables of a ship belonging to Vietnam Oil & Gas Group, more commonly known as PetroVietnam. The confrontation occurred inside lot 148, 120 nautical miles off the coast of Phu Yen province, the Ministry of Foreign Affairs [...]