Cleaning the COBRA pit


With the United States government deadlocked in talks with the opposition over raising the debt ceiling; it is time to take a look at the US debt issue. Like all governments, the United States borrows hard cash through treasury bonds. It issues government securities that other countries and institutions buy. The US national debt — [...]

According to the World Bank categories: Nations with per capita income (PCI) less than $935 are ‘low income;’ nations with PCI from $936 to $3,705 are ‘lower middle income;’ those with PCI from $3,706 to $11,455 are ‘upper middle income;’ and those with PCI from $11,456 or more are ‘high income.’ So which are the [...]

What’s on family dinner tables around the globe? Photographs by Peter Menzel from the book “Hungry Planet” Come see What The World Eats. A few years ago photographer Peter Menzel and his wife Faith D’Aluisio started to photograph what family’s around the globe eat and wrote down what their weekly expenditure is. In 2005 they [...]

If you think the phones currently on the shelf are hot, think again. A hotter crop of smartphones will hit the market later this year. Most cell phone manufacturers have unveiled their best models at Barcelona’s Mobile World Congress in last one week. When these hotties make a debut in the market, they may make [...]

China expert M Taylor Fravel believes the issue of the Dalai Lama’s visit to Tawang monastery in Arunachal Pradesh (India), in the long-term, will probably not worsen relations between the two countries. “I think it will probably be overblown. Obviously, China is going to protest. I don’t think it will have a long-term effect, but [...]

There are some surprises on the list. The list is based on a survey by condom maker Durex, so the accuracy is debatable, but it’s fun to peruse it nonetheless. ************************************************** No.10 – Mexico Want to take a sexy siesta? Meet people of the sun and fun in our No. 10 horniest country. Mexicans kick [...]

Nearly 25 lakh people have fled the Swat Valley after the Pakistan army stepped up its offensive against Taliban militants in the country’s troubled north-western parts. Many feel that a humanitarian crisis is imminent as Pakistan is facing its worst refugee crisis since the partition of the subcontinent in 1947. The army claims that over [...]

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