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Deadbeat Diplomats Rack Up $17 Million in New York Parking Fines
Foreign diplomats visiting or residing in New York City owe the city’s administration nearly US$17.2 million in unpaid parking tickets and fines, a sum that may have grown last...
China Feeds Gold Rush With Gold Dispensing Vending Machines
China has become the latest nation to introduce a gold dispensing vending machine, which was installed within the busy Wangfujing Street shopping district in Beijing on Saturday. The machine...
United Nations Walkout On Iran’s Ahmadinejad Speech
U.S. diplomats led a walkout from the United Nations General Assembly as Iranian Mohammed Ahmadinejad began his sweeping attacks at the "arrogant powers" of the West, and suggesting that...
WikiLeaks: China Buying Gold To Devalue USD
According to a recent WikiLeaks cable, China is allegedly buying into gold, away from the U.S. dollar, in a bid to undermine the dollars' role as a world reserve...
Patent Wars: Oracle Looking For Android Damages Worth US$1.16 Billion
Oracle Corp has estimated that it suffered US$1.2 billion in damages from Google Inc.’s alleged patent and copyright infringement through Android software, according to a federal court filing in...
China’s “Heavenly Palace” Gets Ready to Head Into Space
China will embark on its first ever unmanned space program at the end of this month, with the launch of the Tiangong-1 (the “Heavenly Palace-1”) space module from the...
Venezuela Offers Exxon-Mobil US$1 Billion As Settlement (But, It’s Not Enough)
The Venezuelan government is only proposing a US$1 billion settlement to Exxon Mobil Corp for the nationalization of its assets in 2007, said Energy Minister Rafael Ramirez in an...
US Justice Department Audit Discovers $16 Muffins, $10 Cookies, $8 Coffee
The Obama administration has ordered federal agencies to do a complete expense review for conferences after an internal audit by the US Justice Department discovered "extravagant and wasteful" spending...
Social Network Battle Has Begun: Google+ Opens To Public
Google's answer to Facebook has officially gone live, meaning that anyone can now join the web giant's social networking platform, Google+. Until now, Google+ had only been available to...
Google Pleads Innocence Over Suspected Fixed Search Ranking Results
Google Inc.'s executive chairman Eric Schmidt has rejected charges made against the search engine giant of “cooking” its search engine results to favour its own subsidiary services online.Speaking before...


