India became the world’s largest importer of arms during 2006-2010, a report from the Stockholm International Peace Research Institute said. The share of India’s world arms shipments made up nine percent. China’s share was evaluated at six percent. The list of other active arms importers includes South Korea (6%) and Pakistan (5%). The largest exporters of arms in the world are the USA, Russia and Germany.
According to SIPRI experts, Russia remains the primary supplier of arms and military hardware to India. Russia’s share in arms transfers to India during the recent five years was evaluated at 82 percent. (more…)
Investment firm General Atlantic is going to purchase 0.1 percent of world’s largest social network Facebook. The deal may push the price of the network up to $65 billion, but the transaction requires approval from Facebook at first. The company has been showing an impressive growth during the recent years. In the middle of 2009, the deals with its shares were concluded on the base of the company cost of $10 billion.
General Atlantic announced an intention to purchase the shares from several former Facebook employees. The deal has not been closed yet. According to CNBC, the deal boosted the cost of the social network 30 percent up. At the end of January of 2011, the company was valued at $50, when Goldman Sachs placed Facebook shares worth $1 billion among its clients, the Vedomosti wrote. (more…)
The popular world view of Brazil may be triggered by thoughts of spectacular Carnivals and skilled footballers, yet the country is also determined to be regarded as a major global power.
The most comprehensive historical review of Brazilian relations with superpower USA has been written by a University of Exeter historian and identifies how the relationship has developed over the last 200 years.(more…)
In 2010, China mined the record amount of gold in the world. The production volume of nonferrous metals in China amounted to 340.88 tons, which is 8.57% higher than a year earlier, and continues to grow. In recent years, China has consistently increased the amount of its gold reserves. Nevertheless, experts believe that China has a long way to go to reach the level of the world leading economies.
According to the China Gold Association, in 2007 China ranked first in terms of gold mining. It outran South Africa and is holding this position to this day. Starting 2004, the volume of production of the precious metal in China has been steadily growing. In 2009 it amounted to 313.98 tons. The volume of the gold imported by China within ten months of 2010 amounted to 209.72 tons, which is six times more than the year before, Rosbalt reported. (more…)
*Research project completes drilling for the year, reaching two miles below West Antarctic Ice Sheet*
On Friday, Jan. 28 in Antarctica, a research team investigating the last 100,000 years of Earth’s climate history reached an important milestone completing the main ice core to a depth of 3,331 meters (10,928 feet) at West Antarctic Ice Sheet Divide (WAIS). The project will be completed over the next two years with some additional coring and borehole logging to obtain additional information and samples of the ice for the study of the climate record contained in the core.
As part of the project, begun six years ago, the team, funded by the National Science Foundation (NSF), has been drilling deep into the ice at the WAIS Divide site and recovering and analyzing ice cores for clues about how changes in the concentration of greenhouse gases in the atmosphere have influenced the Earth’s climate over time. (more…)
Russia’s computer security company Kaspersky Lab, the fourth-largest global antivirus vendor, sold a large shareholding to US-based private equity firm General Atlantic. GA will become the second-largest shareholder of the Russian company, giving Kaspersky Lab an opportunity to improve its positions on the US market. The financial details of the deal have not been exposed yet, although it reportedly goes about 15-17 percent of the shares of the Russian company evaluated at $200 million. (more…)
Russia has finally decided to purchase two Mistral helicopter carriers from France in the total amount of 1.37 billion euros. It is not the first time when Russia concludes defense deals with France. However, the Mistral deal is the largest one in Russia’s recent history when Russia purchased military hardware from a foreign state. (more…)
Russia is ready to build a nuclear power plant in Egypt at its own expense, to manage the plant, and even find markets for the electricity. Early next year Egypt is expected to announce a tender for the construction of nuclear power plant with the capacity of 1 GW 150 km from Alexandria. Russia’s Rosatom will participate in the tender.
A meeting of Russian-Egyptian intergovernmental commission on trade, economic and scientific-technical cooperation was held on Monday. From the Russian side it was chaired by the Minister of Industry and Trade Viktor Khristenko. (more…)
