The Chinese government is contemplating the practice of ‘cloud seeding’ to disperse the county’s notorious smog, as schools have been forced to close or suspend outdoor activities in two eastern Chinese cities over hostile breathing conditions.
Revelations about the British Army's collusion with Loyalist terrorists during the Northern Ireland 'troubles' went one step further this week with TV testimony from former soldiers that they had been part of a secret unit.
Having run out of traditional tools to boost economic growth and push inflation towards the 2 percent target, the European Central Bank is considering to introduce a negative interest rate or purchase assets from the banks.
Many of the people who were forced to evacuate after the 2011 triple meltdown at the Fukushima nuclear power plant may never return, Japanese lawmakers admitted, overturning initial optimistic government pledges.
Japan’s government is allegedly finalizing plans to borrow some $30 billion for the cumbersome cleanup of the Fukushima nuclear power plant and the surrounding region, as well as compensating evacuees, Reuters reports citing sources.
Patrolling the streets of bankrupt Detroit, Michigan is no easy feat for the local police department, and budget woes are about to make things ever for difficult for law enforcement officers in the Motor City.
While German policymakers are boasting of an improving economy, the number of households needing government support is on the rise. Official figures show those requiring welfare in the country went up 3.3 percent to 343,000 at the end of 2012.
In the very days when a deep split in the US Congress threatened a US government debt default, the gold price should normally jump through the roof, yet the opposite was the case. It is worth a closer look why.