By STAFF Writer
INDIA NEWS, Sunday, April 10 - Asia’s one of the most fast developing nations India has coughed up more than $460bn since Independence on illegal capital flow, funneling corrupt riches money to overseas banks widened the gap between rich and poor. According to a new report, illegal money through various sleaze exercises like tax evasion, crime and others have founded strong base of inequalities irrespective of rapid growth of its economy. [
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JAPAN NEWS, Thursday, April 07 - Atomic explosions, radiation disaster and thousands of gallons of nuclear water contamination in the sea; these are the bad news in addition to Japan’s aftershock. Japan will probably take years to stabilize the reactors and spend billions in last month’s earthquake and tsunami at the Fukushima Daiichi plant.
ASIA NEWS, Wednesday, April 06 - In a recent report published by Asian Development Bank (ADB), Asia economy has forecast to grow strongly though inflation would a big problem to tackle with. According to the report economy is expected to grow by just under 8% in 2011. The annual report says Asia will expand more in next two years. [
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AUSTRALIA NEWS, Tuesday, April 05 - Twin natural disasters have paralyzed Australian export and subsequently for the first time in 11 months the country has seen an alarming trade deficit. A recent report shows the trade deficit posted in February at A$205m ($212m; £131m). It is far less expected figure than analysts who were contemplating gain a surplus of close to A$950m. [
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SAUDI ARABIA NEWS, Monday, April 04 - Indonesia has strongly condemned the acquittal of a Saudi woman trial, who was guilty of ruthlessly torturing her 23 year-old young Indonesian maid. Talking to reporters, an Indonesian diplomat in Saudi Arabia has strongly criticized the decision, saying the sentence didn’t recognize the torture and it meant all tortures were free. [
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