Unrest in Egypt continues

Note: This section contains information in English only.
Source: BBC
© Scanpix/FP

Thousands of people in Cairo Tahrir Square continue demonstration despite a promise from military to speed up the approval of laws on civil rights. Mohamed Hussein Tantawi, Field Marshall announced the next presidential elections in July 2012. However, protesters claimed that it is not enough and wanted Mohamed Hussein to resign. Demonstrations continued even after dark. More than 30 people were killed and hundreds injured since Saturday.

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Wed, 23 Nov 2011 13:23:27 GMT

China's businesses have to innovate to survive global turmoil

China's businesses survived in the global crisis in 2008 hoping that the things will get better. However, economic state has become even worse and now it is a high time for China's companies to restructure their operations and invest essentially in innovation in order to stay competitive in the world markets, said Zhou Haichang, president of Guangdong-based Guoguang Electric Co Ltd.

Wed, 23 Nov 2011 13:19:28 GMT

US: no cuts in defense spending

It was taken for granted that US planned deficit reduction by $1.2tn will result in drastic cuts of investment in defense. However, what is called "drastic cut" in Congress means only more moderate growth in security spending than predicted. Recently announced reduction in defense spending actually resulted in increase in investment into national security between 2012 and 2020 by 16%, from $695 billion to $818

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