(By Malcolm Moore, Shanghai) Next month, four enormous steel skeletons, the last of the 12 segments of the bridge, will be shipped 6,500 miles from Shanghai to San Francisco before being assembled on site. The bridge, which will connect San Francisco to Oakland on the other side of the bay, is a sign of how […]
(Associated Press) A Chinese ratings house has accused the United States of defaulting on its massive debt, state media said Friday, a day after Beijing urged Washington to put its fiscal house in order. “In our opinion, the United States has already been defaulting,” Guan Jianzhong, president of Dagong Global Credit Rating Co. Ltd., the […]
(Reuters) The U.S. is “playing with fire” over its debt ceiling debate and, “there is a risk a U.S. debt default may happen,” according to Chinese central bank advisor Li Daokui. Speaking at a conference in Beijing, Daokui said, according to Reuters: “If a default happens, the Chinese government should have a consultation with the […]
There may no longer be a Soviet Union, but there are still regional political and economic realities. Russia, as the successor to the Soviet Union, has a strong interest in developments in the Ukraine and in Belarus. Even without reunification, Moscow would like Kiev and Minsk tied to its umbilical cord rather than drifting towards the European […]
A battle continues to rage in Washington over the 2011 federal budget, and a long-term war on how to cut the $14.3 trillion dollar deficit is about to begin. But as political opponents spar over spending, the United States military is waging a real war in Afghanistan, helping to stabilize Iraq, conducting operations across the […]
Turkey informed a UN Security Council panel it seized a cache of weapons Iran was exporting in violations of a UN arms embargo, Reuters reported on Thursday. The report to the council’s Iran sanctions committee, said a March 21 inspection turned up the weapons, which were listed as “auto spare parts” on the plane’s cargo […]
by Daniel Pipes Fox News March 29, 2011 After decades of stasis, the Middle East is in uproar. With too much going on to focus on a single place, here’s a review of developments in four key countries. Libya: With most Americans not quite realizing it, their government haphazardly went to war on Mar. 19 […]
Britain is about to change its libel laws. This development rates as world news for a few reasons: Britain will no longer be the favored site for “libel tourism,” which will have an impact on publications covering topical issues such as terrorism and those who fund it. Secondly, it demonstrates that when the United States changes […]
It appears that whenever a major world leader, such as David Cameron, Nicholas Sarkozy or Barack Obama visits one of the BRIC (Brazil, Russia, India and China) countries, he attempts to peddle commercial or military airplanes. Barack Obama’s attempt to combine his visit to Brazil with the sale of Boeing F-18 jets showed how the position […]
Philippine Institute of Volcanology and Seismology (Phivolcs) Director Renato Solidum says, according to ABSCBN News: A text message has been circulating around, warning Filipinos to stay indoors since radiation coming from a leak in a devastated Fukushima nuclear plant may hit local winds starting 4 p.m. today. In an interview with ANC’s Dateline Philippines, however, […]
