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Tag: China

Taxpayers Take Hit On GM Buyback

Taxpayers Take Hit On GM Buyback

Barack Obama saved General Motors with his words–and you paid for it with your money. The Obama administration said the government will sell 40% of its ownership, amounting to 200 million shares, back to GM, and will exit ownership by

Chinese State Media Demands US Citizens Be Disarmed

Chinese State Media Demands US Citizens Be Disarmed

The official Chinese government news agency, Xinhua, has demanded the US immediately adopt stricter gun control measures to reduce the number of firearms the US populace is permitted to possess. The Chinese state-controlled media’s statement, titled “Innocent Blood Demands No

Coal Use Set to Surpass Oil in a Decade: IEA

Coal Use Set to Surpass Oil in a Decade: IEA

Coal is set to surpass oil as the world’s top fuel within a decade, driven by growth in emerging market giants China and India, with even Europe finding it hard to cut use despite pollution concerns, according to a report

China Resists Moves to Sanction N. Korea: Diplomats

China Resists Moves to Sanction N. Korea: Diplomats

China is resisting US-led efforts to order new sanctions against North Korea over its rocket launch and the UN Security Council could take weeks to decide a formal move, diplomats said. Gary Locke, US ambassador to Beijing, said Monday that

Ben Bernanke Is Out of Tools to Stem Slowdown

Ben Bernanke Is Out of Tools to Stem Slowdown

Over the last two years, Federal Reserve Chairman Ben Bernanke has begun violating conservative monetary policies by funding a third of the Obama Administration’s $5.4 trillion deficit-spend-a-thon through multiple rounds of money printing, called Quantitative Easing.  After thirty years of

Man Stabs 22 Children at China Primary School

Man Stabs 22 Children at China Primary School

A man stabbed 22 primary school students in a knife attack in China on Friday, officials said, the latest in a series of assaults. The attacker “has been detained”, said a spokesman for the Guangshan county government in the central

Politifact Calls Factually Accurate Romney Jeep Ad  'Lie of the Year'

Politifact Calls Factually Accurate Romney Jeep Ad 'Lie of the Year'

On Wednesday, self-described “objective” fact-checking organization Politifact announced that its 2012 “Lie of the Year” was a factually accurate Romney campaign commercial that accused President Barack Obama of taking Chrysler into bankruptcy and selling it to Italians “who are going to build

Iran Congratulates North Korea on Rocket Launch

Iran Congratulates North Korea on Rocket Launch

Iran congratulated North Korea on Wednesday for its “successful” launch of a long-range rocket, an incident which provoked global condemnation, and denied having a role in preparing the launch. Tehran “congratulates the people and the government” of North Korea on

Chinese Buy Stimulus-backed Battery Maker A123

Chinese Buy Stimulus-backed Battery Maker A123

(AP) Chinese company wins bid for battery maker A123NEW YORKBankrupt battery maker A123 Systems Inc. on Sunday said it will sell most of its assets to the U.S. arm of Chinese auto parts conglomerate Wanxiang Group Corp. for $256.6 million.

UN Conference Adopts Extension of Kyoto Accord

UN Conference Adopts Extension of Kyoto Accord

(AP) DOHA, QatarA U.N. climate conference with nearly 200 countries has adopted an extension of the Kyoto Protocol through 2020. The 1997 pact, which controls the greenhouse gas emissions of rich countries, expires this year. Negotiators haggled through the night in

Apple to produce line of Macs in the US next year

Apple to produce line of Macs in the US next year

(AP) Apple to produce line of Macs in the US next yearBy BREE FOWLER and PETER SVENSSONAssociated PressNEW YORKApple CEO Tim Cook says the company will move production of one of its existing lines of Mac computers from China to

U.S. Navy Re-Focuses on Pacific

U.S. Navy Re-Focuses on Pacific

With U.S. troops out of Iraq and soon to leave Afghanistan, plans for re-focusing our military are already shifting to other areas — specifically, the Pacific. Admiral Samuel J. Locklear III, head of U.S. Pacific Command, said the new focus

World View–Analysts: Tables Turned on Assad in Syria War

World View–Analysts: Tables Turned on Assad in Syria War

This morning’s key headlines from GenerationalDynamics.com: Syria’s war turns against Bashar al-Assad United States prepares for military action in Syria against chemical weapons Nato approves Turkey’s request for Patriot missiles on Syrian border Vietnam lodges a new protest with China