Dilemma X

Wealth-X and UBS Billionaire Census 2014 Agence France-Presse SINGAPORE – Asia’s billionaires led by Chinese tycoons enjoyed the fastest increase in their wealth this year compared to their peers in the rest of the world, a report said Wednesday. The combined wealth of Asia’s billionaires grew 18.7 percent from last year to $1.41 trillion, said […]

U.S. DOT Announces 72 TIGER ’14 Awards in 46 States and DC U.S. Transportation Secretary Foxx Announces 72 TIGER 2014 Recipients: Demand Demonstrates Need for Greater Transportation Investment through GROW AMERICA ACT U.S. Department of Transporatation WASHINGTON – U.S. Transportation Secretary Anthony Foxx, on September 12, 2014, announced that the Department of Transportation would provide […]

England: Chinese investors back £65 million (US$104.5 million) ‘Little China’ scheme in Yorkshire A big ‘multi-cultural’ residential and business development is being lined up with the aim of building on the success of the vibrant and cosmopolitan London Road area. Xinhua SHEFFIELD, ENGLAND- Investors from Chinese mainland are funding a 65-million-pound showpiece development scheme in […]

The European Union has signed development programs with 21 African, Caribbean and Pacific countries Xinhua BRUSSELS- The European Union has signed development programs with 21 African, Caribbean and Pacific countries for a total amount of 339 million euros (445 million U.S. dollars), an EU statement said on September 2, 2014. Andris Piebalgs, European Commissioner for […]

OPAL card rollout for train commuters a big success Sydney officially switches to smart card for public transit Jacob Saulwick The Sydney Morning Herald SYDNEY- Just before 9am on Monday, Fergus Gammie, the point man at Transport for NSW for the Opal card project, was wearing a wry smile as he stood next to the […]

Beijing rejects full Hong Kong democracy Hong Kong’s pro-democracy movement has suffered a major setback following Beijing’s decision to rule out open nominations for the city’s 2017 elections. Activists now pledge to “launch a wave of protest actions.” Deutsche Welle Chinese authorities said on August 31 they will tightly control the nomination of candidates for […]

Oil-dollar era is officially over- Russia has conducted the first sale of oil in a currency other than U.S. dollar On August 27, 2014 a major changed occurred on how oil and gas are purchased throughout the world. Russia is now accepting both Roubles and Yuan for the exchange of oil and gas products. RIA […]

Canada: Highrise in downtown Edmonton arena district will be city’s tallest building By Dave Lazzarino Edmonton Sun Three years from now, Edmonton’s skyline is going to look mighty different. Stantec, one of the city’s largest design and consulting firms, announced Tuesday it will be moving its offices in 2018 to what will be the city’s […]

China pours $2.5 billion (U.S.) into Tanzania East African Business Week DAR ES SALAAM — China said that its current investments in Tanzania have reached $2.5 billion. This makes them the second largest investor in the country. The Economic and Commercial Representation of China in Tanzania said the two countries bilateral trade volume topped $3.7 […]

NCAA Division I board approves 5 biggest conferences’ autonomy By MICHAEL MAROT AP Sports Writer INDIANAPOLIS (AP)- The NCAA Board of Directors overwhelmingly approved a package of historic reforms Thursday that will give the nation’s five biggest conferences the ability to unilaterally change some of the basic rules governing college sports. If the 16-2 decision […]