A costly plan by the central government of India to create unique biometric identification numbers for every Indian is meeting stiff resistance from civil-liberties groups as the regime prepares to send swarms of officials across the nation this month to kick off the program.
There’s a new arms race heating up, one that involves not nuclear weapons or satellite-guided bombs but communications. In May of this year, Chinese engineers achieved a significant technological breakthrough, broadcasting an encrypted signal 10 miles using a new technique called “quantum teleportation.”
The bank run at Afghanistan’s largest bank, Kabul Bank, was precipitated by the takeover of the bank by Da Afghanistan Bank, the country’s central bank, last week. By Friday nearly all of its currency reserves and most of its capital had been withdrawn by nervous customers, with no end in sight.
Japanese Financial Services Minister Shozaburo Jimi confirmed that China's central bank governor Zhou Xiaochuan had not defected to the United States, something rumored from Chinese-based sources for several days over the weekend. But the question now being asked is why the rumor started in the first place.