New York City’s Economic Development Corporation is hosting a weeklong program, trying to sell property to Chinese companies.
It’s another sign that the economy is not recovering. Real estate agents can’t sell enough property to U.S. companies, so they’re trying to get the rich Chinese to buy it.
Several Chinese businesses have already opened New York […] Continue Reading…
Several banking officials in China, have stated that they Chinese government needs to “reduce” and “diversify” their foreign currency holdings.
Tang Shuangning, chairman of China Everbright Group said China must reduce its excessive foreign exchange reserves and further diversify its holdings.
Zhou Xiaochuan, governor of China’s central bank, said that China’s foreign exchange reserves “exceed […] Continue Reading…
“…it is Easter morning. Here at the Lucky Friday Mine in Northern Idaho we have been hoping for a miracle for more than a week, but have now informed Larry Marek’s family that we believe hope for his survival is gone.”-Phil Baker, Hecla CEO
Officials say they are no longer trying […] Continue Reading…
Russian media reporting that a NATO helicopter was shot down in Kapisa Province, Afghanistan.
Zabiullah Mojahid, a Taliban representative, confirms that the helicopter was shot down with a guided missile. Mojahid claims he does not know how they got the missile.
Tokyo Electric Power Company says the spent fuel pool, located above reactor 4, is too weak to take any more water. Also, it is cause for concern with any more aftershocks. There are more than 1,000 fuel rods in the pool.
They will now try to reinforce the floor of the pool, by adding […] Continue Reading…
A volcano on Russia’s Kamchatka peninsula, north of Japan, has erupted. Russia has issued an orange warning, meaning hazardous to air traffic.
Witnesses say the ash cloud is at least 7.5km (4.6 miles) high. The Shiveluch volcano is one of the largest and most active volcanoes in the Kamchatka Region.
The United States, the Europeans, even the United Nations, ignored the African Union when they expressed concerns about military action being taken against one of their own; Libya. Now, the U.S. wants the AU’s help.
“In addition, we seek the African Union’s assistance in arriving at a political solution in Libya.”-Hillary Clinton, U.S. Secretary of […] Continue Reading…
“This outrageous use of violence to quell protests must come to an end now.”-President Barack Obama, referring to Syria, April 22, 2011
Compare that to what Obama said to Libya before attacking them.
“The suffering and bloodshed is outrageous and it is unacceptable. So are threats and orders to shoot peaceful protesters and further punish […] Continue Reading…
U.S. Secretary of State Hillary Clinton said the Obama administration is against efforts by the Palestinians to bring the issue of statehood to the United Nations for a vote.
Clinton demanded they return to negotiations with Israelis. But former U.S. secretary of state Henry Kissinger said it’s unlikely negotiations will work: “At the present […] Continue Reading…
On April 14, 2011, Turkey, a member of U.S. led NATO, confirmed they will allow an embassy for Afghan Taliban, with the approval of the government of Afghanistan. Afghan President Hamid Karzai gave approval last December: “If Turkey can be kind to provide for such a venue, we the government of Afghanistan will be […] Continue Reading…