The board of the IMF expressed its confidence in Managing Director Christine Lagarde after the launch of a French inquiry into alleged abuses of power. Ms. Lagarde took over the IMF in 2011 and her office denies any wrongdoing. In 2007, Lagarde was involved in a dispute with French businessman Bernard Tapie and the bank […]
Read MoreIn a change of tone, official state media outlets in the PRC are criticizing North Korea’s latest round of bellicose posturing, threatening aid cuts if the DPRK proceeds with yet another nuclear test. The Democratic People’s Republic of Korea’s main ally, China, has criticized the regime through official media outlets after North Korea threatened the United […]
Read MoreIn Pyongyang’s most challenging declaration yet, the world’s most isolated state announced that it would continue its provocative nuclear tests and missile tests with its target being the DPRK’s avowed enemy, the United States. Ever since the death of Dear Leader Kim Jong–il in 2011, the regime in Pyongyang was consumed with establishing his […]
Read MoreIn order to fulfill a long-held national dream of reaching the moon, the head of Roskosmos (Russian Federal Space Agency), Vladimir Popovkin, announced yesterday, January 15. The luna-glob, or ‘moon-globe,’ will be the first thing to be blasted into space from Russia’s new space facility in the Amur region which was built to lessen the […]
Read MoreSteve Jobs, Apple’s cofounder and visionary leader, has died at the age of 56 after a long bout with pancreatic cancer that has afflicted him for years. Founding his computer company at the age of 21 in Cupertino California, 1976, along with Steve Wozniak, Steve Jobs really had little idea of what Apple would eventually […]
Read MoreTwo million people in California, Arizona and Mexico are without power according to the BBC. Though no reason is given for the outage, there is a lot of description of the general chaos that would accompany a blackout as massive. Reminds me of the Northeast Blackout of 2003, although to me it is remembered for […]
Read More