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Recession Threatens Europe

Recession Threatens Europe

(26 Apr) - No company symbolizes German industrial might like Daimler, the giant maker of Mercedes-Benz autos and trucks. So when the company said this week that it, too, had finally been caught in the downdraft of the European economic crisis, it was an ominous sign for all of the Continent, if not the whole world. German... 

Changing times force Taiwan to raise welfare spending

Changing times force Taiwan to raise welfare spending

(24 Apr) - Working six days a week at a Taipei noodle stall, Hsu Ching-ni earns only US$500 a month, not nearly enough to support her family of seven including three children, or even pay rent. Instead, they have to survive on welfare. "I'm the only one in my family working. My husband suffered a stroke and can't work. My... 

S’pore may sign deal for total 71 F-35s worth US$9 billion

S’pore may sign deal for total 71 F-35s worth US$9 billion

Minister Ng Eng Hen in Parliament: "The F-35 will be the vanguard of next-generation fighter aircraft in operation" (24 Apr) - Top Pentagon officials on Wednesday cited both progress and continuing risks on the $396 billion Lockheed Martin Corp F-35 fighter program, and said Singapore had shown "tremendous interest"... 



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