Thailand expresses interest in Indian Defense Industry

With Thailand expressing its interest in India‘s defence industry and the Indian defence minister scheduled to visit Thailand next month, defence ties between both the countries are likely to get stronger. A joint statement by Prime Minister Manmohan Singh and his Thai counterpart Yingluck Shinawatra after their bilateral meeting here Thursday, said: “Thailand expressed interest…

Family of killed in Thailand, Italian Journalist, Fabio Polenghi: “My country didn’t help me much”

Elizabetta Polenghi, family of the killed in Thai crack-down Italian journalist, Fabio Polenghi, said at the Foreign Correspondent Club of Thailand, quote:  “My country didn’t help me much which proves Fabio’s death was a political issue.” The silence of the Italisn government is a stark contrask to the death of the Japanese Reuters journalist, also in…

By 2018, China’s Homeland Security budget to hit US$200 billion, larger than defense budget

Police modernization, expenditure on securing borders, and investment in security infrastructure propel the homeland security budget to surpass the country’s defense budget, and is expected to cross US$200 billion mark by 2018. This report is the result of SDI’s extensive market and company research covering the Chinese defense industry, and provides detailed analysis of both…

Seven men charged in Liberty Reserve global money-laundering operation

By Washington Post; Federal prosecutors charged seven men in connection with a massive online money-laundering operation that for years offered a way for drug traffickers, child pornographers and others in the criminal underworld to move cash around the world quickly, officials said Tuesday. The network, run by a Costa Rican company called Liberty Reserve, processed…