The Chinese government has expanded the use of the yuan in international trade deals.
Originally China restricted the use of the yuan to just five cities, for trade with Southeast Asian nations. Later it was expanded so 20 provinces could use the yuan in all their international payments. Now, the People’s Bank of China gave […] Continue Reading…
The Non-Life Insurance Rating Organization of Japan said insurance companies gained more than 2.51 million new earthquake contracts, since the 11 March 2011 megadisaster.
Not surprisingly the biggest gains were in the areas hardest hit: Fukushima Prefecture saw a 49.6% increase. Iwate Prefecture 26.4% increase. Miyagi Prefecture up 22.3%.
The Japanese government is about to vote on a standardized decontamination plan.
Here’s a list of suggested decontamination procedures for cities and towns:
High pressure washing of homes and buildings, including rain gutters.
Trimming of outer leaves and branches on bushes and trees.
Pulling up smaller plants and removal of top soil.
Washing roads, including flushing joints on asphalt […] Continue Reading…
The British Prime minister’s office is holding an emergency National Security Council meeting on Libya. The meeting is being chaired by Foreign Secretary William Hague.
Rebels claim they’ve found tunnels under the Bab al-Azizia compound. Sounds like fighting is taking place, rebels say they’re trying to “clear” the tunnels.
Despite many earlier reports from foreign reporters […] Continue Reading…
Muammar Muhammad al-Gaddafi has taken a brief tour of Tripoli, just to prove he is still alive, and still in Tripoli. He’s made a TV address asking loyal Libyans to “cleanse the city”.
NATO responded with two air strikes. Witnesses say the explosions were huge.
The Philippine Department of Foreign Affairs reports that one of their […] Continue Reading…
President Obama is giving Libyan rebels $1.5 million in frozen Libyan funds. At the same time Germany is demanding that the United Nations give the rebels funds that were frozen under the UN sanctions.
Germany is also going to issue rebels a huge $140 million loan, within days.
What this means is the fragile Libyan rebel […] Continue Reading…
Moody’s downgraded Japan, from double A2, to double A3. Moody’s cited continuing government budget problems, huge government debt, and government incompetence.
One of the signs of government incompetence is what has become a revolving door of government agencies and leaders. The latest change is that Prime Minister Naoto Kan has resigned, effective by the beginning […] Continue Reading…
California State Fish and Game reports that 1,000 prize game trout were stolen from a fish farm.
It happened at the San Joaquin State Fish Hatchery. Each fish weighed at least three pounds.
Game wardens are searching fish markets. The trout sells for as much as $7.00 per pound. The thieves would have needed a large […] Continue Reading…
China’s Foreign Minister says the United Nations, not U.S. led NATO, should lead post-war efforts in Libya. He added that China will help rebuild the country, but only if the UN is in charge.
Rumors of poisoned water in Tripoli, has rebels confused. A BBC reporter said he overheard rebels arguing about whether the water […] Continue Reading…
“Given the volatile security situation, the Canadian Embassy in Tripoli has suspended operations until further notice.”-Canadian government statement
A man from Ottawa, Canada, says Libyan rebels are threatening to kill him. Mahdi Nazemroaya, an independent journalist working for Russian and Arab media, is holded up in the Rixos Hotel.
His mother has been begging Canadian officials […] Continue Reading…