China became the world’s largest trading nation in 2013, overtaking the US in what Beijing described as “a landmark milestone” for the country. China’s annual trade in goods passed the $4tn (£2.4tn) mark for the first time last year according to official data, after exports from the world’s second largest economy rose 7.9% to $2.21tn and […]
India will purchase 15 unmanned aerial vehicles (UAVs) from Israel, news outlets reported Monday. Prime Minister Manmohan Singh approved the purchase at a Cabinet meeting, according to Defense Update. The goal: to boost India’s line of surveillance against northern border countries and regional rivals Pakistan and China. The purchase will cost about 1,200 crores / 120 million […]
Yao Dawei/ZUMA Press/Newscom In 1962, the Beatles auditioned for Decca Records. Pope John XXIII excommunicated Fidel Castro. And China invaded India. More than 2,000 died in the harsh mountain combat. A self-declared “non-aligned” power, India never expected to be attacked by a Cold War protagonist. Unprepared, New Delhi threw ground troops into the fight, but […]
The Chinese have made trillions of dollars flooding our shores with super cheap products, and now they are using some of that money to buy land and property all over America. For example, there is now a proposal to construct a multibillion dollar “China City” that would span approximately 600 acres in a remote area […]
A week after North Korea reportedly restarted its Yongbyon nuclear reactor, retired NBA star Dennis Rodman announced he would make his third visit to the isolated regime on December 18. “The Worm,” as Rodman was nicknamed, will spend several days training the North Korean basketball team, and then bring other former NBA players for an […]
, the noted economist who correctly predicted the U.S. housing bubble and its collapse, now sees an impending housing market train wreck of global proportions, with housing markets in 18 countries vulnerable to a meltdown. In a column for Project Syndicate, Roubini, an economics professor at New York University, wrote that “signs of frothiness, if […]
JPMorgan Chase & Co. (JPM) has agreed to sell 1 Chase Manhattan Plaza, the tower built by David Rockefeller, to Fosun International Ltd., the investment arm of China’s biggest closely held industrial group, for $725 million. China’s developers and companies are expanding in overseas property markets as the government maintains curbs on housing at home to cool […]
Newscom Reactions to President Obama’s absence from this year’s Asia–Pacific Economic Cooperation (APEC) forum highlighted the stakes of American leadership in Southeast Asia and shined a spotlight on China’s rising challenge to U.S. influence in the region. Amidst the ongoing government shutdown, President Obama abruptly canceled his highly anticipated trip to the APEC forum held […]
China’s official news agency has called for the creation of a “de-Americanised world”, saying the destinies of people should not be left in the hands of a hypocritical nation with a dysfunctional government. Heaping criticism and caustic ridicule on Washington, the Xinhua news agency called the US a civilian slayer, prisoner torturer and meddler in […]
Israeli tax authorities were surprised to discover a staggering 700,000 fake Viagra pills during an inspection this week at the Ashdod Port. According to Walla, the pills were found in a shipment of furniture from China intended for delivery to a Palestinian Authority resident importer. The pills would have sold for roughly NIS 20 million. […]
