In a symbolic blow to U.S.global financial hegemony, Russia and china took a small step towards undercutting the domination of the U.S. dollar as the international reserve currency, when Russia’s second biggest financial institution, VTB, signed a deal with the Bank of China to bypass the dollar and pay each other in domestic currencies. The BRICS countries – Brazil, Russia, India, China and South Africa, a block of the five major emerging economies, have long sought to diminish their dependence on the dollar as a means of reshaping the world financial and geopolitical order.
A deal worth more than $300 billion agreement for Russia to supply natural gas to China without using US dollars for payment is just one of the strategies by these two nations to destroy the US dollar. Continue reading
This is an old story, i brought it out from the archives, because I meet a couple of friends discussing about security on the Tech Industries. But it is still a reminder that there is a cold war in the tech world. Who knows if our system are been tracked and the information they have about us.
A former Intel engineer has been charged with stealing trade secrets worth $1 billion Continue reading
Lets Face it. We love gadgets, especially gadgets that make life easier, more accessible or just more enjoyable. In my previous post, i said Top gadget that can change your world.That depends on how you view it, this gadgets could be mobile, households, computer,security and so on. In this post, i have identified some of these gadgets that can be used to enhance, access or power your life style.
LG Electronics is working together with Google on LG Watch powered by Android Wear™, which extends the Android platform to wearable. LG Watch will be compatible with a wide range of Android™ smartphones and will present relevant information to users just when they need it or ask questions or get stuff done.
The Livescribe Echo Smart pen Continue reading