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The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation.
Two officials at leading Communist Party bodies have given interviews in recent days warning - for the first time - that Beijing may use its $1.33 trillion (£658bn) of foreign reserves as a political weapon to counter pressure from the US Congress. Shifts in Chinese policy are often announced through key think tanks and academies.
Source: Telegraph UKIs it not time to recognise that climate change is yet another symptom of our unsustainable lifestyles, which must now become the focus our efforts?
Yet governments, and those organisations who have now assumed the role of combating climate change, subscribe to the notion that climate change is our central problem and carbon dioxide (CO2) emissions is the cause of this problem.
See Sex sells, but at what cost? also.
Source: BBCAmerica’s super-rich have returned to the days of the Roaring Twenties. As the rest of the country struggles to get by, a huge bubble of multi-millionaires lives almost in a parallel world. The rich now live in their own world of private education, private health care and gated mansions. They have their own schools and their own banks. They even travel apart - creating a booming industry of private jets and yachts. Their world now has a name, thanks to a new book by Wall Street Journal reporter Robert Frank which has dubbed it ‘Richistan’.
Source: The GuardianSeveral lawmakers say multinationals that aid violent groups in return for protection are not being prosecuted.
“We will take a good, hard look at how American multinationals operate around the world, using Colombia as a model,” said Delahunt, chairman of the House Foreign Affairs Subcommittee on International Organizations, Human Rights and Oversight. “It really deserves an exhaustive effort to examine where we need legislation and if there are gaps in our criminal code that allow U.S. corporations to aid or abet violence in other countries that erode our credibility and our moral standing in the world.”
Source: LA Times