London’s real estate prices keep soaring and foreign cash keeps pouring in, yet the ‘world’s most influential city’ has become one of the least appealing places to live in Europe, according to new figures.
Russia’s military-industrial complex should produce all components and materials domestically to alleviate contract and political risks, the Russian president said. Current ‘hard times’ will be beneficial for the industry at large, said Vladimir Putin.
The United Arab Emirates announced plans to get ahead of other Arab nations and enter cosmic exploration with a space agency of its own. By 2021, the first unmanned UAE spaceship is supposed to blast off from the Arabian Peninsula on a mission to Mars.
No, it’s not an alien colony, a time machine, or even a Russian version of America’s ionospheric HAARP program. But in a forest near Moscow, this Soviet-era “lightning machine” has a capacity arguably equal to Russia’s entire electricity output.
Two Russian physicists are fundraising to realize their project for wireless energy transmission once proposed by brilliant 20th-century scientist Nikola Tesla. Solar panels and an upgraded Tesla Tower could solve global energy hunger, they say.
China is moving forward with a plan to create its own version of the World Bank, which will rival institutions that are under the sway of the US and the West. The bank will start with $100 billion in capital.
Prime Minister Tony Abbott has suggested scrapping legislation that controls one of the most pressing issues for Australia - climate change. Abbott says cutting the "carbon tax" means more money for households. Opponents say it’s bowing to big business.
The US military has finally closed its transit center at Bishkek’s Manas airport, Kyrgyzstan. During the 12 1/2 years of the Afghan military campaign the facility remained the primary air supply hub for the ISAF’s contingent in the war zone.
Some $1.9 billion is to be spent on clearing abandoned or unusable properties in Detroit. Around 70,000 unusable properties across the city will need to be cleared in the next five years – at a cost of $1.9 billion to the taxpayer.
Russia has secured more than 40 business contracts with China during President Putin’s visit to Shanghai. Top is the $400 billion gas contract, there are also deals in finance, investment, aircraft, and automobiles. Here is RT’s list of key agreements.