The ruling LDP lead by Aso has faced a crushing defeat in the local Tokyo elections where people voted squarely against LDP and also its coalition partners.
This has lead to the LDP lead government planning to call for a countrywide general elections on or before 30th August 2009. The continuing economic turmoil has pushed [...]
The country of Iran , which is part of the rich OPEC belt, has been always at the center of regional news for over three decades. Three decades back , Iranian people showed a major uprising against a powerful dictator, who was thrown out and Ayatollah Khameneni took charge.
Since then Khamaneni is the supreme [...]
The North Korean government has termed US President Obama as a hypocrite, and said that nuclear program is not the prerogative of US alone. It criticized US for piling up thousands of nuclear weapons, and asking other countries to avoid making nuclear weapons.
North Korea also said that it will retaliate one hundred to one thousand [...]
The Obama administration started its governance of the US in a tough situation, and in the first six months of its tenure it saw the economic indicators crashing to new lows and then slowly recovering from the bottom levels.
And with the near collapse of all the big banks and lending institutions and also AIG, the [...]
The Iranian polling authorities have declared that the present President Ahmedinejad has won the Presidential polls comfortably with a 63% vote share, while his competitor Moulavi got only 34% of the votes.
Immediately after the results were announced, there were cases of violent protest by Moulavi supporters, who were fired upon with plastic bullets by [...]
North Korea has conducted two underground nuclear tests despite repeated warnings from US and Japan. The North Korean regime has been taking aggressive posture in the last two months. First it tested a long range missile under the guise of a satellite launch.
Later on it sent out the UN nuclear inspectors out of its country [...]
All the commodity prices, including crude oil / aluminum / copper / coal etc., crashed in the last six months across the globe. But Gold prices were remaining firm, and in fact in the last two months they have moved further due to a single customer.
China has been buying Gold in tons every months, ever [...]
North Korea has moved out of the peace talks group few weeks back, and now it has gone into confrontation mode. It has sent out the UN nuclear inspectors out of the country and it also fired long range nuclear capable missiles as part of its strategy to upset US / Japan / South Korea [...]
