“Under such circumstances, both private U.S. companies and governments in different levels are not capable of investing significantly in China. Somehow they are looking for the investment from China to help them boost their own economies and low-employment rate.”-Zhang Qizuo, economist Chengdu University
The Chinese Ministry of Commerce says investments coming from […] Continue Reading…
While attention has been focused on the damaged Fukushima Daiichi nuclear plant, there is another nuclear plant in trouble. The Ohi plant in Fukui Prefecture.
Kansai Electric Power Company runs the Ohi plant, and Reactor 1 has been on emergency cooling, and now it has failed.
KEPCo says they were able to shut down the reactor. […] Continue Reading…
“I have taken this decision as a consequence of the ongoing speculation and accusations relating to the Met’s links with News International at a senior level.”-Paul Stephenson, Metropolitan Police Commissioner
The boss of the Met Police, aka Scotland Yard, announced he’s quitting. A few days ago he acted like this thing with […] Continue Reading…
On June 17, Idaho Falls police officers tried to apprehend a man wanted for failing to pay fines, and probation violation. It ended after the man shot one cop, who lived thanks to his bullet proof vest, then the other police returned fire, shooting the suspect at least six times.
The official investigation said the […] Continue Reading…
“You’d better prepare to pay 40% of your home price as down payment, because commercial banks are going to ask more for a property loan.”-Gong Hang, bank official
First the Chinese government created a new income tax schedule that meant more people were excused from paying taxes, but left them potentially unable to […] Continue Reading…
One reason why the mainstream media is so into reporting the stock market; Rupert Murdoch owns the stock reporting company Dow Jones. Tonight, July 15 U.S. time, the CEO of the Dow Jones quit.
Les Hinton, the boss of Murdoch’s Dow Jones & Co stepped down, as the British phone hacking scandal surrounding Murdoch’s News […] Continue Reading…
For the third time this year, a volcano is erupting in Indonesia. This time it’s the Mount Lokon volcano, on the same island as two other volcanoes; Sulawesi island.
This time at least 4,600 people were forced to evacuate. In March, Mount Karangetang erupted, then on July 3 Mount Soputan erupted. Mount Lokon, Soputan and […] Continue Reading…
“It does highlight the fact that the Palace was trying to pull the wool over people’s eyes last week.”-Graham Smith, anti-monarchy organization know as ‘Republic’.
Despite the belief, in the U.S., that the Royal Family in the United Kingdom are just figure heads, the Royal Family commands true Royal Power, and it’s the British […] Continue Reading…
14 July 2011, officials from Fukushima Prefecture discovered that a second farm, in Asakawa Town, shipped off as many as 42 internally contaminated cows.
The discovery was made as local officials expanded their testing of locally grown feed for cows.
On top of the discovery that more contaminated cows, from other farms, were shipped off to […] Continue Reading…
On July 13, the International Monetary Fund issued a report in which they said Greece needed to cut even more public spending, and that it needs a third bailout. European officials are still hammering out the details of the second bailout.
The IMF says Greece needs a third bailout, consisting of at least 71 billion […] Continue Reading…