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The four nations that make up the BRIC bloc - Brazil, Russia, India and China - will be responsible for 40 percent of global economic growth over the next decade, according to an Ernst & Young report, For Richer, For Poorer, Global Patterns of Wealth. The report, released Dec. 23, said that the United States?contribution, in comparison, would be 14 pe...
The incoming administration is eyeing an economic stimulus plan on the order of $670 million to $750 million as the condition of the U.S. economy appears to be worsening, Obama advisor David Axelrod said Sunday on CBS?Face the Nation. The figure is greater than previous estimates of the amount expected to be spent on infrastructure projects to cre...
China plans to spend more than 150 billion yuan ($21.8 billion) over the next six years to add some 2,000 km of railway track in the coal-rich region of northern Shanxi province, the Xinhua news agency reported on Sunday. The construction projects are expected to help boost domestic demand and counter the impact of the global financial crisis, sa...
Russia and China will set up two working groups for integrated water management and the monitoring of the quality of transboundary waters and their protection, the Russian Natural Resources and Ecology Ministry's press office reported today according to RBC. A joint Russian-Chinese commission for the rational use and protection of transboundary water...
Gazprom and the Turkmen government have agreed on the technical requirements for the Caspian gas pipeline's Turkmen stretch, as well as a gas transit facility to be built at the South Iolotan field, the Russian gas monopoly's press office reported today according to RBC. The decisions were made during today's meeting between Gazprom CEO Alexei Miller and ...
RIA Novosti) - Ukrainian President Viktor Yushchenko gave on Friday a special governmental working group two months to prepare proposals for the civilian use of the Sevastopol naval base after 2017. "Prepare a list of proposals for the civilian use of the infrastructure in Sevastopol Harbor after 2017," the decree issued by the president said. ...
FedEx has postponed delivery of more than a dozen Boeing 777 freighter aircraft, according to its more detailed quarterly earnings report filed with the Securities and Exchange Commission last week. The move is among several cost-cutting measures the world抯 largest express courier is undertaking in the face of a steep decline in business during th...
Russian air carrier AirBridgeCargo Airlines said has seen its revenue grow 55 percent in the first 11 months of 2008, to $423 million. The airline did not release details of its profits, but said growth in October and November Despite the challenging global economic conditions??meant the company made money for the year. ABC carried more th...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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