News Update

Russia warship heads to Africa after pirate attack

MOSCOW (AP) — A Russian warship on Friday rushed to intercept a Ukrainian vessel carrying 33 battle tanks and a hoard of ammunition that was seized by pirates off the Horn of Africa — MORE>>>

The start of US fall from world power: Part Two

Last week, the world awoke to a financial crisis that started in the United States and had been unseen in more than 70 years. The question is what is the cause of this crisis? The United States is, after all, the world’s largest economy as well as one of the wealthiest in per capital income terms (above $43,000). MORE>>>

Ericsson to launch mobile Innovation Center in Africa

Ericsson (NASDAQ:ERIC) today announced it will establish an Innovation Center in sub-Saharan Africa to develop mobile applications that will benefit society as a whole, but with a special focus on meeting the needs of poor and rural populations. MORE>>>

Anti-malaria funds availed

World Bank President Robert Zoellick said in a statement that the extra money would help "sharply reduce the numbers of malaria-related deaths and illness" in the next three years. MORE>>>