The global economy in 2013 saw a number of crisis-hit countries and regions make progress on their recovery path. Slowly, the world economy is turning a corner, but challenges still remain.
Construction to expand the Panama Canal could be halted in 3 weeks after the building consortium demanded $1.6 billion more from the Panamanian government to continue.
Construction to expand the Panama Canal could be halted in 3 weeks after the building consortium demanded $1.6 billion more from the Panamanian government to continue.
Bill Gates is now the world's richest man, while the top 300 added $524 billion to their collective in 2013.
Mikhail Kalashnikov died on December 23rd, aged 94. But his 66-year-old invention, the Avtomat Kalashnikova, has plenty more shots left to fire. Developed in 1947 and first used by Soviet forces in 1949, the AK-47 assault rifle and its many derivatives are now used by the armed forces of more than 80 countries.
Mikhail Kalashnikov died on December 23rd, aged 94. But his 66-year-old invention, the Avtomat Kalashnikova, has plenty more shots left to fire. Developed in 1947 and first used by Soviet forces in 1949, the AK-47 assault rifle and its many derivatives are now used by the armed forces of more than 80 countries.
