Look to India, China For Next Internet Innovation
The United States invented the internet and has driven the majority of its development and innovation over the past 20 years, but India and China are likely candidates to drive the next generation of innovation given their rising internet user base. The world’s most popular internet sites have a decidedly American slant to them – sites like Google, Yahoo, YouTube, Facebook and Wikipedia all began in the States.
Why Developing a Strong Islamic Finance Market is an Important Step For Hong KongIslamic Finance is a big new area of interest for banks and financial services. Despite the global economic slowdown, analysts estimate that the market for Islamic assets will grow by 10 to 15 percent in 2009. This area is an important opportunity for banks, particularly in Hong Kong, which has made a point of being an attractive destination for Islamic Finance.
Conflict Diamonds and American PolicyThe Clean Diamond Trade Act, as the bill in question is called, concerns rough diamonds being sold in African nations such as Sierra Leone, Angola, and the Democratic Republic of the Congo. This traffic in gems has unforeseen consequences lying beneath the surface of the rough diamonds.
UK Financial Regulators Become Pawns on Political BattlegroundOn Monday (June 20,2009), Shadow Chancellor George Osborne laid out Conservative proposals for the abolition of the FSA and an “end to the failed tri-partite system of regulation”. With a General Election being held by 2010 at the latest (and reports Prime Minister Brown is still considering calling an early election in 2009), the political landscape can alter completely, leaving existing regulators without their current political patrons.
World Population Day – The Key is Women EmpowermentThe world is bursting at it seams thanks to the burgeoning global population. According to the present estimates, the world population is approximately around 6.5 billion. And India’s population alone is approximately 1.17 billion, which is one-sixth of the world population. The focus of this year’s World Population Day on July 11 is investing in women and girls, in empowering them to help us get out of this global turmoil.
Global Vote For “New 7 Wonders of Nature”The New 7 Wonders Foundation announced 28 spectacular natural landscapes entered into the final phase, for the global vote to choose the “New 7 Wonders of Nature”. To seek more support for their prefer landscapes, some participants are propagating in multiple ways.
Pakistan – China Relationship and Infrastructure DevelopmentPakistan China relationship and infrastructure development in Pakistan with the help of China. This article also tells about the future projects and estimated amounts for them.
News of Private Property Raids From the UK – Coming to America?In the latest raid, the government seized over 7,000 safety deposit boxes owned by private citizens and have declared that 90% of them were being used in crimes. In fact, each box itself is treated as a separate crime scene by the UK police.
Why What’s Happening On Wall Street, in Iran, and the Rest of the World Should Concern You!There seems to be the notion that if you don’t have a lot of money, or if you don’t have investments in the stock market, or if you don’t own a home or a car and you just feel like ~ a plain old regular everyday person – this stuff just does not apply to you and it does not affect you ~ WRONG!! Regardless of where you are on the economic level you are still a consumer and everything going on in this country and the world affects you either directly or indirectly.
EU Issues Bank Rescue Guidance and CommunicationRestructuring and rescuing failing banks has become de rigeur over the last year for governments around the world. The European Commission has issued a “Guidance” on bank rescues which is to be followed until December 31st, 2010 – in that respect it is temporary (and gives an insight into how long such adverse economic conditions are thought to going to be lasting by the EU Commission).