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Bill Gates, Warren Buffett, Amancio Ortega are world’s richest men

Bill Gates remains richest man in world in 2016 list of billionaires followed by Zara’s Amancio Ortega, Warren Buffet, Mexico’s Carlos Slim, Amazon's Jeff Bezos and Facebook's Mark Zuckerberg

Bill Gates remains richest man in world in 2016 list of billionaires for the third year in a row Microsoft co-founder Bill Gates is still ranked the world’s richest person with an estimated net worth of $75 billion, $4.2 billion less than last year, according to Forbes magazine’s 2016 list of the world’s richest people. Bill Gates is the wealthiest person ... Read More »

Knowledge sharing and collaboration key to address Climate Change

Hafiz Hafeez ur Rehman, Chief Minister of Gilgit-Baltistan, Pakistan addresses at the inaugural session of the international conference on Climate and Environmental Change Impacts on the Indus Basin Waters. Photo: CIMOD

Experts at an international conference call for better coordination and cooperation between scientists, government authorities, and development partners to address emerging challenges in the Indus River basin KATHMANDU (Nepal) – Greater collaboration is needed between various stakeholders to understand and mitigate the impacts of climate change in the Indus Basin which is the most glacier and snowmelt-dependent basin in the ... Read More »

Beijing now has more billionaires than New York

Beijing now has more billionaires than New York

China edged out America on several fronts in a new report profiling the world’s wealthiest people. Beijing pushed New York into second place – 100 to 95 – when it took over this year’s “Billionaire Capital of the World” title. Shanghai-based firm Hurun conducts the yearly research and rankings of the world’s wealthiest people and their spending lifestyle. China now has the ... Read More »

India world’s largest arms importer; US, Russia dominate arms sales

Saudi Arabia announces military alliance to fight any terrorist group

India emerged as the world’s largest arms importer, accounting for 14% of the global imports in the 2011-2015 timeframe. The latest data on international arms transfers released by a global think-tank, SIPRI, also shows India’s arms imports remain three times greater than those of its rivals China and Pakistan. Its biggest suppliers are Russia, the US, Israel and France. India’s imports ... Read More »

Pakistan’s Parliament first in the world to go 100% solar

Pakistan’s Parliament first in the world to go 100% Solar

Pakistan’s parliament is now the first parliament in the world to be completely powered by solar energy Pakistan’s parliament has become the first national assembly in the world to be powered entirely by solar energy. Speaker Ayaz Sadiq announced that the solar panels in the house generate 80 MW of electricity, 62 MW of which are consumed by the National Assembly ... Read More »

Photos: World celebrates Chinese New Year 2016

A flash mob featuring a hundred performers in monkey costumes makes an appearance to celebrate the arrival of the Chinese New Year in Times Square on Manhattan, New York, the United States, Feb. 6, 2016. (Xinhua/Wang Lei)

The Lunar New Year is China’s biggest holiday. Around the world, families are coming together to celebrate. BEIJING (China) — Millions of people around the world are celebrating the start of the Lunar New Year.The spring festival is typically spent feasting and visiting temples with friends and family, and not unlike the western New Year’s celebration that takes place on January ... Read More »

Asian Infrastructure Investment Bank launches with $100bn in capital

Jin Liqun, president of the Asian Infrastructure Investment Bank (AIIB), speaks at a press conference in Beijing, capital of China, Jan. 17, 2016. (Xinhua/Li Xin)

The Asian Infrastructure Investment Bank is designed to revamp aging infrastructure in emerging Asian economies. The Chinese-led bank starts with 57 member states and a capital stock of $100 billion. BEIJING (China) — The Asian Infrastructure Investment Bank (AIIB) opens with $100bn in capital contributed by its 57 member nations and is expected to lend $10-$15bn annually over the first ... Read More »

Chinese company unveils self-driving flying vehicle

The Ehang 184, created by Guangzhou-based company Ehang, essentially looks like a larger version of a quadcopter drone

A Chinese company has unveiled the world’s first commercially available passenger drone at the Consumer Electronics Show (CES) in Las Vegas. The Ehang 184, created by Guangzhou-based company Ehang, essentially looks like a larger version of a quadcopter drone – except with a small cockpit in the middle capable of carrying a single passenger. The all-electric drone has four arms, eight ... Read More »

China’s Harbin Ice Festival is world’s most stunning winter festival

The Harbin Ice and Snow Festival features spectacular ice sculptures that are bathed in ethereal lights (AFP Photo/Wang Zhao)

More than one million visitors are expected to attend the spectacular Harbin Ice Festival, where buildings of ice are bathed in ethereal lights and international ice sculptors compete for honors The legendary Harbin International Snow and Ice Festival, famous for its spectacular sculptures and giant replicas, is now officially underway in northern China. The annual event, now in its 32nd ... Read More »

Miss World 2015 crown goes to Spain

Spain's Mireia Lalaguna Royo Takes Miss World 2015 Crown

Sanya (CHINA) – The finale of the 2015 Miss World contest came to a conclusion with Miss Spain Mireia Lalaguna Royo claiming the crown in Sanya, a coastal resort city in south China’s Hainan Province. The pharmacy student from Barcelona claimed the illustrious crown after winning over the contest’s judges during the 65th edition of the world famous pageant in ... Read More »

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