Dilemma X

Sydney’s most expensive hotel room could be at the Star at Pyrmont Lucy Carroll The Sydney Morning Herald SYDNEY- Personal butlers, an infinity pool, a private sauna and massage room – that’s what $25,000 ($23,007 US) A a night will buy you in the Star casino’s proposed luxury villas for high rollers. Five of the […]

Top U.S universities for federal R&D grants  By Monica Vendituoli OpenSecrets.org Federal research and development funds benefit a disproportionately small number of universities which in turn spend disproportionately on lobbying and campaign contributions. A study by the National Science Foundation found that about 20 percent of the more than $40 billion in federal funds given […]

Tall buildings in the news update  Dubai inaugurates world’s tallest ‘twisted’ tower Agence-France Presse Dubai has inaugurated the world’s tallest twisted tower built at a cost of $272 million, setting a yet another record for skyscrapers and other engineering marvels. The 310-meter (1,017-foot), 75-floor residential Cayan Tower is twisted at 90 degrees from top to […]

World’s rich and powerful met in UK for the secretive Bilderberg conclave By Jill Lawless, The Associated Press | The Canadian Press More than 100 of the world’s most powerful people met at a former manor house near London for a secretive annual gathering known as the Bilderberg meeting. It has attained legendary status in […]

Vietnam eyes foreign investors to expand stock market By Bloomberg News Vietnamese regulators will submit a proposal next month to ease restrictions on foreign ownership in companies as they lure more international investors to a stock market that’s 14 times smaller than Singapore’s. The proposal would raise the foreign ownership limit for publicly-traded companies from […]

Funding OKd for light-rail station in Leimert Park Metro approves $80 million for an underground station on the planned Crenshaw Line. Supporters hope it will help revitalize the African American business corridor. By Laura J. Nelson Los Angeles Times After years spent fighting for a light-rail station in Leimert Park, South Los Angeles community members […]

President Obama has only completed just 4 years and nearly 5 months in office and may have already accomplished more for Wall Street than any other President did in their completed 2 terms Barack Obama is the 5th President to see the S&P 500 double while in office Floyd Norris The New York Times In […]

Brazil to cancel $900 million (R9 billion) worth of debt in 12 African countries BBC News Brazil has announced that it will cancel or restructure almost $900m (£600m) worth of debt with Africa. Oil- and gas-rich Congo-Brazzaville, Tanzania and Zambia are among the 12 African countries to benefit. The move is seen as an effort […]

Brazil to sell the right to explore and develop its largest-ever oil discovery   By Jeb Blount Reuters RIO DE JANEIRO – Brazil plans to sell the right to explore and develop its largest-ever oil discovery in October, auctioning an offshore petroleum prospect that is expected to produce about 12 billion barrels of oil over […]

China, India: World’s 2 largest nations to boost economic cooperation Xinhua NEW DELHI-China and India are both willing and able to foster new highlights in cooperation among Asian countries and make new engine of the world economy, Chinese Premier Li Keqiang said on Sunday. “The two countries have the will, wisdom and capability to jointly […]