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 | DAVOS, Switzerland (UPI) -- Russia has work to do before President Dmitry Medvedev's dream of turning Moscow into a major financial center is realized, experts in Davos, Switzerland, said.
At the World Economic Forum, Moscow Mayor Sergei Sobyanin outlined plans for upgrading the city's infrastructure and said the country planned to remain friendly to businesses and keep taxes low.
However, experts said Moscow, which was recently ranked 68th in a listing of 75 financial ...
Continue Reading... Post a Comment | Share | Print SACRAMENTO (UPI) -- California Gov. Jerry Brown said the state cannot afford to buy new vehicles, nor maintain the size of its current fleet, during its budget crisis.
"There is a lot of wasteful spending on cars that aren't even driven," the governor said in a statement. "And we can't afford to spend taxpayer money on new cars while California faces such a massive deficit," the Los Angeles Times reported Saturday.
The state is dealing with a $25.4 billion budget deficit, ...
Continue Reading... Post a Comment | Share | Print SAN FRANCISCO (UPI) -- Twitter co-founder Biz Stone did not mention the Internet blackout in Egypt, but said "freedom of expression is essential" in a recent online posting.
"Our goal is to instantly connect people everywhere to what is most meaningful to them. For this to happen, freedom of expression is essential," Stone wrote in a posting titled "The Tweets Must Flow," the Los Angeles Times reported Saturday.
Egyptian President Hosni Mobarak ordered the Internet ...
Continue Reading... Post a Comment | Share | Print | | Advertisement | SEOUL (UPI) -- One-man businesses in South Korea increased by 15.7 percent in 2010, a symptom of the smartphone craze, the government said.
One-man companies swelled to 235,000 last year, mostly due to developers creating applications for mobile devices, the Small and Medium Business Administration said, The Korea Times reported Saturday.
"The number of people who want to develop applications has been on the increase," said an unnamed teacher of a technology course. With a...
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CLICK HERE RIGHT NOW | | | More Headlines • Experts: 4G not living up to hype
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