India wheels out new long-range missile in annual parade
India wheeled out a new long-range nuclear
missile as it celebrated its Republic Day with a big parade
Saturday.
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US not exempt from laws- Aquino
Philippine President Benigno Aquino haswelcomed
the US Navy's apology for a minesweeper that went aground on a World
Heritage-listed coral reef, but said they would not be exempt from
penalties.
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Japan launches new satellite to boost surveillance
Japan Sunday launched another satellite to
strengthen its surveillance capabilities, including keeping a closer
eye on North Korea as the North vows to stage another nuclear test.
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Davos warns on global economic crisis
The world's political and business elite headed
home Sunday from this year's Davos forum with warnings that while
the worst of the financial crisis seems over there is still much to
be done. International Monetary Fund chief Christine Lagarde said in
the closing moments of the annual gathering in the snowy Swiss ski
resort on Saturday that she recommended the “do not relax principle”
for the coming year.
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