Russia and China Spearhead BRICS Development Bank

A BRICS Development Bank will be launched this coming week, and expected to become operational in 2016. The new global banking organization will largely be bankrolled by Russia, China and India, three of the five BRICS nations, the other two being Brazil and South Africa. The organization is being developed largely as an alternative to…

113 Sentenced in Xinjiang

Chinese authorities bent on dispelling separatist sentiments from its troubled Western province of Xinjiang have announced sentences for an additional 113 ethnic Uighurs on charges ranging from inciting terrorism to possessing “terrorist” materials. The sentences handed out are of no less than ten years, and include 69 life sentences. The charges brought fourth against the…

200 casualties in attack by Xinjiang Separtists in Kunming

Knife-wielding assailants stormed the Kunming railway station in southeastern China on Saturday, resulting in almost 200 casualties. According to Chinese state media, there were more than ten assailants who were dressed in black and were both men and women. The attack is said to be the most sophisticated yet that has ever occurred outside of…

Violent Clashes in Kiev Leave Hundreds of Casualties

Ongoing violence in Independence Square, or Maidan, in Kiev, Ukraine, has claimed the lives of more than 50 Ukrainian protestors and seen hundreds more injured. The rapid escalation in aggression impetuously put an end to a short-lived truce brokered between the Ukrainian government and opposition party leaders. Though the principal catalyzing factor remains unknown, both…

The Great Gas Game, Part I

The global shale gas boom has barely begun. It is already old news in North America, but emerging markets in Asia have found that demand consistently outstrips supply, due not only to scarcity, but also to underdevelopment of existing resources. One of the largest sources of undeveloped energy and mineral wealth lies in the Caspian…