| December 07, 2007 |  |
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Political power and economic wealth go together in China: researcher
Beijing (AFP) Dec 6, 2007Economic wealth and political power are increasingly going together in modern China, the compiler of one of the most frequently used lists of Chinese richest people said Thursday. Rupert Hoogewerf, the author of the annual Hurun China Rich List, said about a third of the 800 immensely wealthy people on his compilation this year were members of the ruling Communist Party. Ten percent are ... more North Korean nuclear declaration must be credible: US envoy 
Beijing (AFP) Dec 6, 2007US envoy Christopher Hill said Thursday that North Korea must make credible declarations about all its nuclear programmes, as doubts emerged over whether a year-end deadline would be met. Speaking ahead of talks with Chinese and Russian officials to brief them on his visit this week to North Korea to observe the dismantling of the Yongbyon nuclear facility, Hill told reporters that Pyongyang ... more Israel tried to persuade North Korea on weapons: report 
Tokyo (AFP) Dec 6, 2007Israel held secret but unsuccessful talks with North Korea in the 1990s in a bid to persuade the communist state to stop exporting missiles to Arab countries, a Japanese newspaper reported Thursday. Israel in September this year launched an air strike in Syria which Western media reports said targeted a nuclear facility developed with North Korea. But a decade and a half ago, Israel quie ... more Kuwait - PAC-3 Missiles, PAC-2 Missiles To GEM-T And PATRIOT System Upgrade 
Washington DC (SPX) Dec 07, 2007The Defense Security Cooperation Agency notified Congress of a possible Foreign Military Sale to Kuwait of PAC-3 missiles, PAC-2 missile upgrades to GEM-T, and PATRIOT ground support equipment upgrades as well as associated equipment and services. The total value, if all options are exercised, could be as high as $1.363 billion. The Government of Kuwait has requested a possible sale of 80 ... more United Arab Emirates - PATRIOT Advanced Capability-3 Missile System 
Washington DC (SPX) Dec 07, 2007The Defense Security Cooperation Agency notified Congress of a possible Foreign Military Sale to the United Arab Emirates of the PATRIOT Advanced Capability-3 Missile System as well as associated equipment and services. The total value, if all options are exercised, could be as high as $9 billion. The Government of United Arab Emirates has requested a possible sale of the PATRIOT Air Defen ... more |
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Washington (AFP) Dec 5, 2007The threat of war with Iran has ebbed and with new UN sanctions now an even harder sell, the United States has scant options even if it were to reverse course and engage Tehran, experts say. President George W. Bush insists that Iran remains a threat despite Monday's appraisal by US intelligence that Iran halted its nuclear weapons program in 2003, a change of heart that has sent shockwaves ... more FLIR Systems To Boost US Airport Security 
Portland OR (SPX) Dec 07, 2007FLIR Systems announced that it has received multiple awards totaling $2 million during 2007 to supply thermal security cameras to airports around the U.S. FLIR's thermal and multi-sensor security cameras were selected for installation at major airports throughout the country, including Dallas-Ft. Worth, Cincinnati, Indianapolis, and the New York area's four major airports -- Kennedy, LaGuardia, ... more OECD warns of inflation risk in China 
Paris (AFP) Dec 6, 2007China's economy faces serious inflation risks which, if unchecked, could fuel yet more speculation in stocks and property, the Organisation of Economic Cooperation and Development said Thursday. Economic growth is likely to reach 10.7 percent in 2008 and 10.1 percent in 2009, the OECD said in its twice-yearly "Economic Outlook" report, meaning China would see seven consecutive years of doubl ... more Flood damage in northwest US may run into billions: governor 
Seattle, Washington (AFP) Dec 5, 2007The bill from devastating storms that pounded the northwestern US states of Washington and Oregon could run into billions of dollars, local reports said Wednesday. The full extent of damage from the storms, which have left three people dead and submerged vast swathes of coastal residential areas, was still being assessed on Wednesday as mopping up operations continued. However Washington ... more Dam The Red Sea And Release Gigawatts 
Utrecht, Netherlands (SPX) Dec 07, 2007Damming the Red Sea could solve the growing energy demands of millions of people in the Middle East and alleviate some of the region's tensions pertaining to oil supplies through hydroelectric power. Equally, such a massive engineering project may cause untold ecological harm and displace countless people from their homes. In the Inderscience publication International Journal of Global Env ... more |
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Washington (UPI) Dec 6, 2007 Big Oil's big dreams are close to coming true as Iraq's Oil Ministry prepares deals for the country's largest oil fields with terms that aren't necessarily what companies were hoping for but considered a foot in the door of the world's most promising oil sector. Iraq's proven oil reserves are only smaller than those in Saudi Arabia and Iran -- and the country is only about 30 percent ex ... more Iridium To Provide Mobile Satellite Systems And Services For State Of Idaho 
Bethesda MD (SPX) Dec 06, 2007The State of Idaho recently awarded a contract to World Communications Center (WCC) to provide Iridium satellite voice and data products and services for government agencies throughout the state. "Over the past 12 months, Iridium has experienced a dramatic upsurge in subscriptions and traffic from federal, state, regional and local government agencies as well as non-governmental public-saf ... more Outside View: Russia's new sats -- Part 2 
Moscow (UPI) Dec 5, 2007 Space-based Earth observation is important for monitoring oil and gas facilities. Combined with geological surveys and production data, satellite images provide reliable information that oil and gas companies can use to organize and speed up production. This makes it advisable to shift some of the financial burden to commercial firms interested in the use of such systems. One is Gascom, ... more Teal Predicts UAV Market Will Reach Nearly 55 Billion Dollars Over Next Decade 
Washington DC (SPX) Dec 06, 2007Unmanned Aerial Vehicles (UAVs) are the most dynamic growth sector of the world aerospace industry, report Teal analysts in their latest integrated market analysis. Teal Group's 2008 market study estimates that UAV spending will more than double over the next decade from current worldwide UAV expenditures of $3.4 billion annually to $7.3 billion within a decade, totaling close to $55 billion in ... more Flying Fish Unmanned Aircraft Takes Off And Lands On Water 
Ann Arbor MI (SPX) Dec 06, 2007Flying fish were the inspiration for an unmanned seaplane with a 7-foot wingspan developed at the University of Michigan. The autonomous craft is believed to be the first seaplane that can initiate and perform its own takeoffs and landings on water. Funded by the Department of Defense's Defense Advanced Research Projects Agency (DARPA), it is designed to advance the agency's "persistent ocean su ... more
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