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News -
Europe
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Written by News Desk
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Monday, 16 June 2008 11:16 |
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A senior intelligence official in the United Kingdom has been suspended from his job pending an investigation into top secret documents that were left on a commuter train on Tuesday. The Cabinet Office confirmed that the documents, including reports on Al-Qaeda and Iraqi security forces, had been found on the train and handed in to the offices of the British Broadcasting Corporation (BBC), who turned the files in to police. According to the BBC, one of the documents, a seven-page report entitled "Al-Qaeda Vulnerabilities", was classified "UK Top Secret" and had every page numbered and labelled "for UK/US/Canadian and Australian eyes only". The other document, "Iraqi Security Forces: More or Less Challenged?", had been commissioned by the Ministry of Defence, which the BBC's security correspondent, Frank Gardner, described as being "damning" in parts. Both were produced by the Joint Intelligence Committee, a government organisation designed to present information from several British intelligence services to ministers and senior officials. The person believed to be responsible for the breach works for the Cabinet Office's intelligence and security unit, which contributes to the Joint Intelligence Committee. He had authority to take classified documents out of the Cabinet Office, under strict security procedures. The Metropolitan Police are investigating the incident, which the Conservative Party's security spokeswoman, Dame Pauline Neville-Jones called "the latest in a long line of serious breaches of security involving either the loss of data, documents or Government laptops". The Cabinet Office's admission of the breach came on the same day the UK government voted on a resolution allowing authorities to detain terror suspects for up to 42 days without charge. 
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Last Updated on Wednesday, 25 June 2008 06:59 |
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News -
Latest News
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Written by News Desk
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Monday, 16 June 2008 11:11 |
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Over 50 people have been confirmed dead and at least one million people have fled from their homes as a result of heavy flooding across much of southern China. In the Guangdong and Jiangxi provinces alone, at least 6,000 homes have been submerged and destroyed by the flood. Further rainfall is expected to occur throughout the next ten days. The China Meteorological Association (CMA) has issued a warning on the situation. "Faced with the increasingly severe rain and flood situation, at 16 o’clock of June 12, Flood Control and Drought Relief Headquarters of Guangxi urgently started level 2 flood control emergency response and required the relevant departments and places to prepare immediately so as to ensure the work of flood control and drought relief," the CMA said in a statement released on Friday.
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Last Updated on Wednesday, 25 June 2008 07:11 |
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Economics -
Economic Guide
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Written by News Desk
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Saturday, 14 June 2008 11:34 |
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Economics is the branch of social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek for oikos (house) and nomos (custom or law), hence "rules of the house(hold)." Modern economics developed out of the broader field of political economy in the late 19th century, owing to a desire to use an empirical approach more akin to the physical sciences. A definition that captures much of modern economics is that of Lionel Robbins in a 1932 essay: "the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses." Scarcity means that available resources are insufficient to satisfy all wants and needs. Absent scarcity and alternative uses of available resources, there is no economic problem. The subject thus defined involves the study of choices as they are affected by incentives and resources. Areas of economics may be divided or classified into various types, including: - microeconomics and macroeconomics
- positive economics ("what is") and normative economics ("what ought to be")
- mainstream economics and heterodox economics
- fields and broader categories within economics.
One of the uses of economics is to explain how economies, as economic systems, work and what the relations are between economic players (agents) in the larger society. Methods of economic analysis have been increasingly applied to fields that involve people (officials included) making choices in a social context, such as crime, education, the family, health, law, politics, religion, social institutions, and war.
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Last Updated on Sunday, 22 June 2008 15:23 |
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