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Wednesday, June 22, 2011

NEWS AROUND THE WORLD..

Canadian Cash to do away with paper:

The new Polymer Canadian $100 bill has security features that make it hard to counterfeit but easy to verify



"Paper or plastic?" That question isn't asked frequently at grocery stores anymore, but it may be poised for a comeback – at Canadian banks.
The Bank of Canada will start issuing high-tech currency made of polymers instead of the traditional cotton paper and featuring transparent windows (one shaped like a maple leaf) to frustrate counterfeiters.
Security and verification features include raised ink in the numerals and the featured portrait, color-shifting images embedded in the large window, and a number hidden in the maple-leaf window.
For more on this story, visit 
http://news.blogs.cnn.com/2011/06/21/canadian-cash-to-do-away-with-paper/



Blackberry firm shares fall sharply on poor results


Shares in Blackberry manufacturer Research in Motion (RIM) have fallen by more than a fifth since it announced disappointing results on Thursday.
The company said that it had missed even its lowered expectations and reduced its profit forecasts.

RIM's net profit was $695m (£430m) in the three months to 28 May, down from $769m in the same period last year.

It warned in April that its profits would be low because of lower shipments of its Blackberry phones.
For the full story visit:
http://www.bbc.co.uk/news/business-13812316




China official says no cyber warfare between U.S., China



There is no cyber warfare taking place between China and the United States, a senior Chinese official said, after weeks of friction over accusations that China may have launched a string of Internet hacking attacks.......
For the full article visit......



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