(PTI): World Bank President Robert Zoellick warns that the worsening global economic meltdown and rising unemployment could lead to a ‘social crisis’. “If we don’t take measures there is a risk of a great human and social crisis, with major political implications,” Robert Zoellick
Worsening global economic meltdown and rising unemployment could lead to a social crisis: World Bank
Published in May 26th, 2009
Posted by The Business Time in Business
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UNSC to sanction North Korea for its nuclear and ballistic missile tests
Published in May 26th, 2009
Posted by The Business Time in World
(PTI): The UN Security Council says it needs “some time” to finalize a resolution sanctioning North Korea for its latest nuclear and ballistic missile tests. The Security Council is meeting in the wake of the recent provactive actions by Pyongyang. North Korea fired off another missile on Wednesday, one day after reportedly
Israeli military signaling its intentions for a possible attack on Iran
Published in May 26th, 2009
(PTI): The Israeli military holds its most extensive nationwide drill, signaling its intentions for a possible attack on Iran which they admit can ignite an all-out war in the region. The nationwide exercise “Turning Point 3″ will begin on May 31 and will last five
India receives AWACS plane from Israel
Published in May 26th, 2009
Posted by The Business Time in National
(PTI): New Delhi receives a delivery of its first Airborne Warning and Control System (AWACS) plane from Israel amid growing military ties with the Zionist state. The AWACS was escorted by fighter jets and landed Monday at an airbase in western India. The delivery is the first of three units that Israel Aerospace Industries agreed
UN Security Council condemns North Korea for conducting a new nuclear weapons test
Published in May 26th, 2009
(PTI): The UN Security Council condemns North Korea in a nonbinding statement for conducting a new nuclear weapons test. According to a statement issued by council members after an emergency meeting that lasted less than an hour on Monday, the test was in violation of a 2006 resolution passed
British lawmakers on hunger strike over stopping humanitarian aid to Gaza
Published in May 24th, 2009
Posted by The Business Time in World
(PTI): A group of British lawmakers en-route to the Gaza Strip have gone on a hunger strike after Egypt prevented their aid convoy from entering the besieged sliver. The Convoy of Hope was expected to cross the Rafah border-crossing on Saturday, but reports say that Egyptian authorities
