(Reuters) – Vietnam and China traded accusations on Tuesday over the sinking of a Vietnamese fishing boat not far from where China has placed an oil rig in the disputed South China Sea, as tensions fester between the two countries over the giant drilling
To head off a tough bout with stagflation–slow growth and high inflation–the Federal Reserve should start raising interest rates soon. Most economists expected 2014 to be a breakout year. A surge in new home construction was anticipated to instigate growth
The Chinese State Council has announced that it is limiting the number of cars allowed on the streets of Beijing, and over the next several years, it plans to discard more than five million vehicles nationwide that fail environmental standards.
(Reuters) – China described Vietnam’s claim to disputed South China Sea islands as “ridiculous” on Monday, as tension rises over competing claims of sovereignty in waters believed to be rich in oil and natural gas. China claims almost the entire
Silicon Valley Venture Capitalists funded 321 deals in the first quarter of 2014, up 9% from last year and the highest rate since the peak of 347 in 2007. Despite terrible investment returns in the past, the fastest growing area
Last week’s announcement that China and Russia had signed a 30-year, $400 billion gas deal posed a striking contrast to the Obama administration’s dithering on the Keystone XL pipeline. If two rival, backward powers are able to agree to share
A replica of Egypt’s iconic Sphinx built in northern China will be dismantled after an Egyptian ministry complained about the structure, state media said Sunday. A massive replica of the ancient statue was built in Hebei province, the official Xinhua
Going Green? Check. Cutting middle-class entitlements? Check. Submerging democracy under a layer of technocracy? Check. Subordinating American patriotism by imagining a new kind of crisis that only international institutions can manage? Check. And all this on Memorial Day! That’s The New
As citizens of a free country it is necessary that we acknowledge the sacrifices of the men and women in uniform that died to defend it. Civil society only survives in a world of violence and tyranny if there are
This week’s historic $400 billion agreement for Russia to provide China with a guaranteed 30-year supply of safe, reliable, affordably priced Russian natural gas comes as the most dramatic illustration yet of just how rapidly the geopolitical landscape of the
China agreed to fund a $2 billion multi-lateral investment fund in cooperation with the African Development Bank. The move is a departure from China’s former “cheque book” policy of investing directly in individual countries. Beijing appears to be forming the “Africa
BEIJING, May 23 (UPI) —China initiated an assault on terrorism Friday after explosions in the western Chinese region of Xinjiang killed at least 39 people. The state news agency Xinhua announced a “one-year crackdown on violent terrorist activities” in the
This morning’s key headlines from GenerationalDynamics.com Thailand’s army seizes power in major victory for ‘yellow shirt’ elites A history of coups in Thailand China shocked by major terrorist attack in Xinjiang province Thailand’s army seizes power in major victory for
Former Chinese mining magnate Liu Han and his brother have been sentenced to death in China for allegedly running a corrupt “mafia-style” organization that “carried out a vast number of criminal activities,” including murder. Liu has denied all such charges.
URUMQI, China (AP) — A blast that killed 31 people in China’s restive Muslim northwest left ethnic Chinese residents on edge Friday about sporadic violence from which they no longer felt safe. “The danger is right here with us and
This week at the Council on Foreign Relations, former Secretary of Defense Robert Gates said Russia and China’s recent aggression are directly related to President Barack Obama’s failure to follow through with his threat that a “red line” would be
On May 20 China’s President Xi Jinping called for “the creation of a new Asian structure for security cooperation…that includes Russia and Iran and excludes the United States.” Xi was speaking “to a meeting in Shanghai of the Conference of
HANOI (Reuters) – A Vietnamese woman carrying banners denouncing China’s claim to most of the South China Sea died on Friday after setting herself on fire in front of a landmark in the country’s largest city, local government officials said.
A lavish Italianate estate on the Black Sea, popularly known as “Putin’s Palace” and previously suspected to have been built using illicit funding, was built with money from a major healthcare project on the taxpayers’ dime, according to a report
Yesterday Ezra Klein wrote a short response to a column by David Brooks which deserves a mention. As usual with Klein it’s not what he says so much as what he omits that requires comment. Daydreaming about the virtues of
This morning’s key headlines from GenerationalDynamics.com Russia and China sign ‘historic’ energy deal As reality sets in, east Ukraine public turns against Russian separatists Boko Haram strikes again, this time in northern Nigeria President invokes War Powers Act, sends troops
With jobs, wages, and the economy picking up steam, the Federal Reserve warned financial institutions in their April 29-30 Open Market Committee meeting minutes that they are planning to raise interest rates as inflation picks up. “Participants generally agreed that
On May 21, Vietnamese Prime Minister Nguyen Tan Dung said Vietnam and the Philippines will stand together against “illegal” Chinese activities in the South China Sea. According to the AP, Dung and President Benigno Aquino III of the Philippines stood together
‘X-Men: Days of Future Past’ Eyes $100 Million Debut The Hollywood Reporter puts it exactly right: Memorial Day weekend is Hollywood’s Super Bowl weekend, the official launch of summer that offers three leisurely days for teens eager to get out
The attempt by members of the European Parliament to force the European Council – that is, the heads of state and government of the EU member states – to choose their candidate to be the next president of the European
