China looks to master its control over the weather
China spent $140 million manipulating the weather in 2009
China spent $140 million manipulating the weather in 2009
Like Dubai at the beginning of last year, China is now reaching the peak of a bubble.
Let’s just say that the other 95 percent of the world is filled with disobedient ingrates who can only be stopped by stuffing the Pentagon’s maw with money we don’t have
“China has long been assisting Iraq to realize stability and development by offering aid, cutting debts and helping its economic restoration.”
Beijing has a far simpler plan for defeating its enemy. It simply turns off the lights.
“In an attempt to gain favor with China, the United States pressured Tibetan representatives to postpone a meeting between the Dalai Lama and President Obama until after Obama’s summit with his Chinese counterpart, Hu Jintao, scheduled for next month, according to diplomats, government officials and other sources familiar with the talks,” John Pomfret reports for the Washington Post.
China reduced its holdings of US government debt by the largest margin in nearly nine years in June, according to data from the US Treasury.
At least 200 people — mostly elderly women and women with children — staged a demonstration in Urumqi and faced off against police on Tuesday, claiming that their relatives had been arrested arbitrarily.
Violence in China’s restive western region of Xinjiang has left at least 140 people dead and more than 800 people injured, state media say.
Dozens of baby girls in southern China have reportedly been taken from parents who broke family-planning laws, and then sold for adoption overseas.
~AFP
Russia on Monday started its biggest military exercises in the Caucasus since its war with neighbouring Georgia last year, mobilising thousands of troops in a clear warning to its foes.
Georgia swiftly condemned as “dangerous” the week-long exercises, which are taking place just north of where Russia and Georgia fought over the pro-Moscow breakaway Georgian region [...]
~Washington’s Blog
Yesterday, after China called for a super-sovereign currency, the dollar slid as investors started seeing the writing on the wall. Specifically, the People’s Bank of China said the International Monetary Fund should manage part of members’ foreign-exchange reserves. See this.
“To prevent the deficiencies in the main reserve currency, there’s a need to create a [...]
“Long-term concern about the dollar is something globally we’re all worried about,†said Eric Teal, who oversees $5 billion as chief investment officer at First Citizens Bank in Raleigh, North Carolina.
~AFP
Struggling US auto giant General Motors said its joint venture in Shanghai sold its two millionth Buick in China, as sales have rapidly picked up in recent years with the country’s economic boom.
“It took eight years for Shanghai GM to sell its first one million Buicks, but only three years to sell its second one [...]
By Malcolm Moore~London Telegraph
It was a dramatic weekend in the relatively small city of Shishou in Hubei province.
Tens of thousands of rioters torched a hotel and overturned police cars, after the authorities allegedly tried to cover up the murder of a 24-year-old man as a suicide.
Witnesses said there was no blood on the scene and [...]
By Ralph Jennings~Reuters
A jobless Taiwan man released from prison stole a box of cotton swabs just to get arrested again because he “could not forget the police department boxed lunches,” officers and local media said Tuesday.
The homeless man in Taipei first stole a pair of shoes on Sunday, was detained and released, the Liberty Times [...]
By Chris Hedges~Truthdig
This week marks the end of the dollar’s reign as the world’s reserve currency. It marks the start of a terrible period of economic and political decline in the United States. And it signals the last gasp of the American imperium. That’s over. It is not coming back. And what is to [...]
By JAE-SOON CHANG and KWANG-TAE KIM, Associated Press
north Korea said Tuesday it would use nuclear weapons in a “merciless offensive” if provoked — its latest rhetoric apparently aimed at deterring any international punishment for its recent atomic test blast.
The tensions emanating from Pyongyang are beginning to hit nascent business ties with the South: a [...]
By Daniel Nasaw~London Guardian
Undercover inspectors manage to buy high-grade gear including nuclear triggers and evade export bans.
The US is a virtual supermarket for terrorists and foreign governments seeking high-end military technology, including components that can be used to build nuclear weapons and equip militants fighting US and British troops, the American government has found.
Over [...]
~Reuters
Russia and China should consider switching to domestic currencies in bilateral trade without going to the dollar, Russia’s president Dmitry Medvedev said in an interview with Kommersant daily published on Friday.
China has already entered similar agreements with Brazil and Belarus. The deal involves a currency swap agreement between the two countries. Trade turnover between Russia [...]
