According to Israeli newspaper Yedioth Ahronoth, Israeli company Global CST owned by major general Israel Ziv, supplied 50 thousand soldiers to Libya for 5 billion USD and oil trade rights.
- 17th largest country in the world by area
- desert country – 90% of the land area is covered in desert
- country with the longest coastline of any African country bordering the Mediterranean (1770 km)
- former Italian colony – Italian North Africa from 1912 to 1927
- signed agreement with Italian prime minister to pay 5 billion USD to Libya as compensation for its former military occupation
- one quarter of GDP comes from oil sector
- imports 3/4 of food
- unemployment above 20%
Even though basketball is one of the most popular sports in China the all star game last weekend was not so crowded. I expected much more people and better atmosphere. I was a bit angry when I found out that it is possible to buy tickets in front of the arena from resellers for about 20% of the original price. Yeah, and the North won CBA all star game in Beijing.
Thanks to great marketing basketball became extremely popular in China 100 years after it arrived in 1890s. The first professional team was established in Shenyang and The Chinese Basketball Association (CBA) was formed in 1995. The most famous Chinese basketball player Yao Ming joined the NBA as a player of the Houston Rockets in 2002. About 300 million Chinese play basketball.
557 thousand cars produced in Slovakia in 2010 represent 1% of worldwide car production only but it is 102 cars per 1000 people which is highest rate worldwide. Models produced in Slovakia include Volkswagen Touareg, Audi Q7, bodywork of Porsche Cayenne, Peugeot 207, Citroën C3 Picasso, Kia cee’d, Kia Sportage and Hyundai ix35.
Countries with highest population have the smallest penis size. Paradox?
Chinese officials announced to spend about 1.3 trillion yuan ($197 billion) to build 10 million units of government subsidized housing this year.
Investment in real estate is very popular among Chinese as there are not many opportunities to invest for them. Therefore prices are booming despite estimates say there are 200 million housing units uninhabited.
According to statistics from China Index Academy, a Beijing-based property research institute, 10 big Chinese cities saw a year-on-year increase in property prices of at least 15 percent in February.
One of the largest developers in Beijing, Pan Shiyi – chairman of SOHO China, wrote at his blog: “The 36 million units of government-subsidized housing in the next few years will take half of the country’s real estate market, posing a great challenge to developers”.
Photo: Sanlitun SOHO, Beijing
Chinese Property: The Most Important Sector in the World
The number of Chinese mainland billionaires almost doubled from 64 to 115. The number of Asian billionaires (332) surpassed Europeans for the first time. The richest Chinese is Baidu founder & CEO Robin Li, who replaced Zong Qinghou (founder of soft drink firm Wahaha Group) on the list.
China plans to decrease import tariffs to boost the domestic consumption. Overseas consumption facilitated by China UnionPay’s network (the country’s only credit card network) hit 180 billion yuan ($27.4 billion) in 2010. Estimated consumption by Chinese residents is $100 billion. Harrods London accepts China UnionPay cards since February 2011.
According to the Forestry Ministry’s statistics China produces 57 billion pairs of chopsticks every year, which require the felling of around 3.8 million trees.