Move over Wall Street, Moscow looking to become financial powerhouse

With powerful aftershocks of the 2008 financial crisis still rattling global markets, Russia plans to be a safe haven for investors, President Dmitry Medvedev tells economic and political leaders at the St. Petersburg International Economic Forum.

If President Medvedev’s ambitious plan succeeds, “bear markets” may turn out to be a positive thing in the wild world of finance and investment.

Al-Qaeda so weak that US Afghanistan withdrawal would be justified

Senior officials who appeared to support a faster exit plan told the New York Times that 20 of al-Qaeda’s 30 prominent leaders in the region had been killed in the past 18 months.

Somalia: PM Mohamed Abdullahi Farmajo resigns

Mohamed Abdullahi Farmajo had initially refused to step down, but will now go “in the interest of the Somali people”.  His removal was part of a UN-backed deal that extends the mandates of the president, the speaker and deputies to August 2012.

Congress Probes Radicalization of Muslims in US Prisons

The House Homeland Security Committee has held a hearing on the radicalization of American Muslims in U.S. prisons.  Several state and local law enforcement officials told the panel that radical Islamic groups abroad are targeting the U.S. prison population for recruits to carry out terrorist attacks against Americans.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

"This is one of the best wordpress business themes I've ever worked with! Highly recommended!" - Johnathan Reed, Interactive Works CEO