Russian marines land on Syrian shores in massive Mediterranean drills (VIDEOS)
Sep10

Russian marines land on Syrian shores in massive Mediterranean drills (VIDEOS)

Russia has staged large-scale military exercises in the Mediterranean Sea near Syria, involving both its Navy and Air Force. The drills were held amid ongoing escalation around Idlib, and US threats to strike Syria. Footage released by Russia’s Defense Ministry shows Marine Special Forces equipped with state-of-the-art gear landing on the shores of Syria’s Latakia province. The Marines used helicopters, fast-attack craft and...

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Sweden Democrats break through in parliamentary election, socialists remain biggest party
Sep10

Sweden Democrats break through in parliamentary election, socialists remain biggest party

The Social Democrats achieved their worst result in a century, while the Sweden Democrats will have their biggest-ever faction in parliament following Sunday’s election, according to results, with 99 percent of the votes tallied. The center-left Social Democrats are in first place with 28.4 percent – 3 less than in 2014, the center-right Moderates follow them in second place with 19.8 – down 4 – and the...

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Artificial intelligence could spur global growth as much as steam engine did – report
Sep10

Artificial intelligence could spur global growth as much as steam engine did – report

A new study by McKinsey Global Institute suggested that artificial intelligence (AI) could boost annual GDP growth by 1.2 percent for at least the next decade. According to the institute’s simulation model, about 70 percent of the world’s companies will adopt at least one form of AI by 2030. Overall, AI could deliver $13 trillion in additional global economic activity within the next decade and its impact could be comparable to the...

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Hong Kong tops New York as home to world’s wealthiest individuals
Sep10

Hong Kong tops New York as home to world’s wealthiest individuals

A study by research firm Wealth-X has found that the number of ultra-rich people rose 13 percent worldwide in 2017, totaling about 256,000 individuals with combined assets of $31.5 trillion. According to the report, Asia saw the fastest growth, driven by mainland China and Hong Kong. The growth in the number of people worth $30 million or more (the so-called ultra-high-net-worth individuals) surged 19 percent in Asia, twice the growth...

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China could build world’s longest tunnel link to Taiwan
Aug13

China could build world’s longest tunnel link to Taiwan

While its opponents are investing in wars, Beijing is investing in infrastructure. China seeks to build a tunnel that would connect its mainland with Taiwan. If realized, shuttle trains would run through a 135km undersea section of the tunnel at up to 250kph by 2030 from China to Taiwan, which Beijing considers a renegade province rather than an independent state. The gigantic project would be dug under the ocean, at a depth of 200...

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