Keyword: china

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  • Shinzo Abe sets sights on Japan’s pacifist constitution after election win

    12/19/2014 10:13:43 PM PST · by Olog-hai · 8 replies
    Manchester Guardian ^ | Tuesday 16 December 2014 00.22 EST | Justin McCurry
    Japan’s re-elected prime minister, Shinzo Abe, has said he is determined to rewrite the country’s pacifist constitution—drawing an immediate sour response from China. A day after securing another four years in office with Sunday’s landslide election victory, Abe signaled he would pursue his long-cherished goal of changing the US-authored constitution. Abe, a conservative, has made no secret of his desire to remove what he regards as unfair constraints on Japan’s military, seven decades after its surrender at the end of a war that saw it occupy neighbors, including China, and attack countries further afield in the Pacific. …
  • Checkmate: Is Russia Selling Oil For Gold?

    12/19/2014 10:05:33 AM PST · by Strategy · 43 replies
    SilverDoctors ^ | December 19, 2014
    Very few people understand what Putin is doing at the moment. And almost no one understands what he will do in the future. No matter how strange it may seem, but right now, Putin is selling Russian oil and gas ONLY for physical gold. How long will the West be able to buy oil and gas from Russia in exchange for physical gold? And what will happen to the US petrodollar after the West runs out of physical gold to pay for Russian oil, gas and uranium, as well as to pay for Chinese goods?
  • China Tests DF-41 Missile Using U.S. Technology

    12/19/2014 3:45:43 PM PST · by raptor22 · 19 replies
    Investor's Business Daily ^ | December 19, 2014 | IBD EDITORIALS
    Defense: China has just tested a new intercontinental ballistic missile that can deliver up to 10 independently targeted nuclear warheads, using technology given to them on President Clinton's watch to launch communications satellites. The Dec. 13 test of the DF-41 was the third for the new weapon. But it marked the first test of a multiple independently targetable re-entry vehicle, or MIRV, technology and raises by an order of magnitude the nuclear threat to the U.S. as China continues its massive arms buildup. And disturbingly, the threat is in large part of our own making. "The DF-4, which could be...
  • Distancing the Dalai Lama: Is Vatican playing into Beijing's hands?

    12/19/2014 1:10:41 PM PST · by ebb tide · 4 replies
    Nerve.in ^ | Friday, 19 December 2014 | Amit Dasgupta
    " It was his efforts at peace that brought him the Nobel Peace Prize. Despite the huge popularity and respect he enjoys, he is not unaware of his increasing isolation by global leaders since being in Beijing's good books appears to be the global fascination. It remains to be seen how India reacts. It would be a sad day, indeed, if New Delhi also lacks the moral fibre and toes Beijing's line." Nobel laureates gathered in Rome last week were dismayed that Pope Francis had surprisingly refused to grant an audience to the Dalai Lama so as to not incur...
  • Fed and Congress Signal Trouble, Putin Defends Russia, ISIS War

    12/19/2014 12:38:05 PM PST · by GilGil · 7 replies
    USAWatchdog ^ | 12/19/2014 | Greg Hunter
    My top story is the economy, and I think the Fed and Congress just signaled that something is seriously wrong, and it’s going to get worse. First off, the Federal Reserve just came out and said that it was going to be “patient” when normalizing the monetary policy. I know Wall Street is jubilant and the stock market spiked on the news, but I think this is really ominous, and it is nothing to be celebrated. To me, that means don’t expect the Fed to raise interest rates anytime soon because the economy is much worse than what they are...
  • George Clooney: Kim Jong-un can’t tell me what to watch

    12/19/2014 10:11:46 AM PST · by GrandJediMasterYoda · 29 replies
    pagesix.com ^ | 12/19/14 | By Derrick Bryson Taylor
    George Clooney: Kim Jong-un can’t tell me what to watch By Derrick Bryson Taylor George Clooney won’t be told what to watch, especially by North Korean leader Kim Jong-un. “Sony didn’t pull [The Interview] because they were scared,” the 53-year-old actor told Deadline. “They pulled the movie because of all the theaters said they were not going to run it. And they said they were not going to run it because they talked to their lawyers and those lawyers said, if somebody dies in one of these, then you’re going to be responsible.” Clooney also shared that he had been...
  • Sony hack latest: Female roles are easier in Hollywood, says Aaron Sorkin

    12/19/2014 10:08:10 AM PST · by SoFloFreeper · 21 replies
    telegraph.uk ^ | 12/16/14
    Cate Blanchett's Oscar-winning role in Blue Jasmine "nothing close to the degree of difficulty" of any of the male nominees, says "The Social Network" screenwriter Female leading Hollywood film roles are "nothing close to the degree of difficulty" of male roles, one of America's leading screenwriters has said, in the latest set of leaked emails published by the "Guardians of Peace" hacker group. Aaron Sorkin, writer of The Social Network and Moneyball, singled out Cate Blanchett's 2014 Best Actress Oscar-winning performance in Blue Jasmine as significantly easier than the performances by the five male nominees that same year. “Year in...
  • George Clooney: No one in Hollywood would sign my letter of support for Sony Pictures

    12/19/2014 10:03:47 AM PST · by SeekAndFind · 9 replies
    Hotair ^ | 12/19 | AllahPundit
    I’m glad he spoke up, not only because he’s right, not only because a little public shaming from an A-lister might get others to rethink, but because that tribute to Hollywood’s bravery that he gave a few years ago at the Oscars would have looked even more embarrassing in hindsight if he’d kept quiet about this.Nothing fancy about the logic of his petition: “We know that to give in to these criminals now will open the door for any group that would threaten freedom of expression, privacy and personal liberty. We hope these hackers are brought to justice but...
  • New message from Hackers to Sony: We'll stand down if you never release the movie

    12/19/2014 9:56:56 AM PST · by SeekAndFind · 46 replies
    CNN Money ^ | 12/19/2014 | Brian Stelter
    The hackers behind a devastating cyberattack at Sony Pictures have sent a new message to executives at the company, crediting them for a "very wise" decision to cancel the Christmas day release of "The Interview," a source close to the company told CNN. The email message was received by Sony's top executives on Thursday night and was obtained by CNN. The source said that the company believes the email was from the hackers because it followed a pattern of previous messages, sent to a list of particular executives and formatted in a particular way. A Sony spokesman declined to comment.
  • Sony's Pascal to work w/Sharpton against 'cultural blindness' after racially insensitive emails

    12/19/2014 9:32:20 AM PST · by 2ndDivisionVet · 35 replies
    The Guardian & Observer ^ | December 19, 2014 | Ben Beaumont-Thomas
    Sony executive at the heart of the leaked emails met with the civil rights activist to discuss battling an ‘exclusionary, almost all-white hierarchy’ in Hollywood.Amy Pascal, the embattled executive whose personal emails were exposed by the hack on Sony Pictures, has met with civil rights advocate Al Sharpton to discuss white bias in Hollywood. The meeting was prompted by leaked emails from Pascal to producer Scott Rudin, in which the pair joke about Barack Obama’s likely taste in films. “Would he like to finance some movies?” Rudin asked, ahead of Pascal meeting the president. “I doubt it. Should I ask...
  • FBI formally blames North Korea in Sony hack

    The FBI said Friday that North Korea is responsible for the cyberattack on Sony Pictures that led the studio to cancel the release of a movie. Confirming what government officials were saying privately for days, the FBI announced that is months-long investigation concluded that North Korea was behind the attack, based on technical similarities to previous attacks. A statement from the FBI said investigators found “significant overlap in the infrastructure” used in the Sony hacking and in previous attacks. The agency said there were also similarities in technological tools used in this attack and an a cyberattack in March 2013...
  • Update on Sony Investigation (New FBI Statement Says North Korea Responsible)

    12/19/2014 9:04:38 AM PST · by kristinn · 20 replies
    The Federl Bureau of Investigations ^ | Friday, December 19, 2014
    Today, the FBI would like to provide an update on the status of our investigation into the cyber attack targeting Sony Pictures Entertainment (SPE). In late November, SPE confirmed that it was the victim of a cyber attack that destroyed systems and stole large quantities of personal and commercial data. A group calling itself the “Guardians of Peace” claimed responsibility for the attack and subsequently issued threats against SPE, its employees, and theaters that distribute its movies. The FBI has determined that the intrusion into SPE’s network consisted of the deployment of destructive malware and the theft of proprietary information...
  • Breaking: FBI Officially Says North Korea behind Sony Hack

    12/19/2014 9:01:49 AM PST · by TangledUpInBlue · 33 replies
    CNN ^ | 12/19 | Headline Only
    Headline Only.
  • Exclusive: Sony Emails Say State Department Blessed Kim Jong-Un Assassination in ‘The Interview’

    12/19/2014 8:43:21 AM PST · by Dave346 · 23 replies
    The Daily Beast ^ | 12.17.14 | William Boot
    The Daily Beast has unearthed several emails that reveal at least two U.S. government officials screened a rough cut of the Kim Jong-Un assassination comedy The Interview in late June and gave the film—including a final scene that sees the dictator’s head explode—their blessing. The claim that the State Department played an active role in the decision to include the film’s gruesome death scene is likely to cause fury in Pyongyang. Emails between the Sony Entertainment CEO and a security consultant even appear to suggest the U.S. government may support the notion that The Interview would be useful propaganda against...
  • #BREAKING New message to @Sony top execs from hackers:

    12/19/2014 8:17:01 AM PST · by C19fan · 59 replies
    CNN Twitter ^ | December 19, 2014 | Carol Costello
    #BREAKING New message to @Sony top execs from hackers: "very wise" decision to scrap movie from theaters via @CNN @brianstelter #SonyHack
  • Columbus Trying to Recruit the Chinese Emperor to Liberate Jerusalem and Stumbled on America

    07/08/2009 5:44:29 AM PDT · by SJackson · 16 replies · 585+ views
    MEMRI ^ | 7-8-09
    Egyptian Writer Muhammad Ibrahim Mabrouk: Columbus Was Trying to Recruit the Chinese Emperor to the Liberation of Jerusalem When He Stumbled Upon America Following are excerpts from an interview with Egyptian writer Muhammad Ibrahim Mabrouk, which aired on Al-Majd TV on April 27, 2009.To view this clip on MEMRI TV, visit http://www.memritv.org/clip/en/2167.htm. "Columbus Wanted to Liberate Jerusalem From the Muslims"Interviewer: "American society was not born and did not grow in the United States. It is a mixed society - a society of immigrants, of different nationalities. How can it be claimed that this society in its entirety was melted down...
  • Of Course The Chinese Didn't Discover America. But Then Nor Did Columbus

    01/20/2006 8:18:53 AM PST · by blam · 69 replies · 1,521+ views
    The Guardian (UK) ^ | 1-20-2006 | Simon Jenkins
    Of course the Chinese didn't discover America. But then nor did Columbus A map supporting claims that the admiral Zheng He reached the New World in the early 15th century is plainly a hoax Simon Jenkins Friday January 20, 2006 The Guardian (UK) We all know that a lie goes halfway round the world while truth is putting on its boots. But what if the lie goes the whole way? What if it claims to circumnavigate the globe? Last week came purported evidence that the Chinese admiral Zheng He sailed his great fleet of junks round the world a century...
  • Newt Gingrich -- Sony Hacking Is An Act of War ... We Need to Hunt Them Down

    12/17/2014 4:44:13 PM PST · by s_vengali · 42 replies
    TMZ ^ | 12/17/14 | TMZ
    Newt Gingrich Interview: Sony Hack Is An Act Of War
  • Remarkable: Republicans standing strong for liberal Democrat Hollywood; Obama wimpy response

    12/18/2014 8:17:42 AM PST · by SoFloFreeper · 25 replies
    12/18/14 | soflofreeper
    National Review's editorial board, Mitt Romney, and other Republicans seem to be MORE willing to stand for freedom of speech than the Obama administration. Getting pushed around by third world tin pot dictators is modus operandi for Demon Rats.
  • Romney urges Sony Pictures: Fight back and release “The Interview” for free online

    12/18/2014 10:13:05 AM PST · by Kaslin · 62 replies
    Hot Air.com ^ | December 18, 2014 | ALLAHPUNDIT
    By gum, he sounds like presidential material to me. Your move, Jeb. .@SonyPictures don’t cave, fight: release @TheInterview free online globally. Ask viewers for voluntary $5 contribution to fight #Ebola.— Mitt Romney (@MittRomney) December 18, 2014 More than 13,000 retweets as I write this. Clearly there’s a demand for countermeasures among an American public that doesn’t like the idea of foreigners, especially savages like the Kim cabal, holding veto power over their culture. (Too bad China, Kim’s chief patron, already sort of does.) Am I right, though, in thinking that no major Republican pol aside from Romney has said anything...
  • Snapchat CEO lashes out after Sony leaks

    12/17/2014 5:28:46 PM PST · by TigerLikesRooster · 22 replies
    The Hill ^ | 12/17/14 | Cory Bennett
    Snapchat CEO lashes out after Sony leaks By Cory Bennett - 12/17/14 05:25 PM EST Snapchat CEO Evan Spiegel said Wednesday that he was “angry” and “devastated” at the information leaked about his disappearing messaging app as a result of the Sony hack. Good chunks of Snapchat’s business plans were revealed Tuesday when the cyberattackers that hit Sony dumped Sony Pictures CEO Michael Lynton's email catalogue. Lynton sits on Snapchat’s board of directors and had numerous candid email exchanges with Spiegel about hiring practices, possible acquisitions and potential future products. “I felt like I was going to cry all morning,”...
  • Someone Is Lying: North Korea Almost Certainly Did Not Hack Sony

    12/18/2014 7:54:02 AM PST · by SeekAndFind · 67 replies
    Zero Hedge ^ | 12/18/2014 | Tyler Durden
    Yesterday, moments before the North Korea "hacking" tragicomedy escalated into full retard mode with Sony pulling The Interview, or a movie that absent the attention would certainly be a flop, Wired released an article titled: "North Korea Almost Certainly Did Not Hack Sony" (title subsequently changed to the one below as can be seen in the URL alias "http://www.wired.com/2014/12/north-korea-did-not-hack-sony-probs"), which however, and for the better, retains its content as it is quite critical in debunking the latest government "certainty."
  • Shakedown? Al Sharpton meets with Sony’s Amy Pascal to discuss race in Hollywood

    12/18/2014 11:24:38 AM PST · by C19fan · 17 replies
    Twitchy ^ | December 18, 2014 | Staff
    Sony Pictures co-chair Amy Pascal, who last week apologized over racially insensitive comments she made in leaked emails posted online, just finished a 90-minute meeting with Rev. Al Sharpton in NYC where the two discussed diversity in Hollywood. Here is Sharpton’s take:
  • George Clooney reveals top Hollywood names refused to sign petition supporting Kim Jong-un

    12/19/2014 6:23:29 AM PST · by C19fan · 37 replies
    UK Daily Mail ^ | December 19, 2014 | Darren Boyle
    Hollywood star George Clooney said fellow celebrities and industry figures did not want to sign a petition supporting 'The Interview' film featuring the assassination of Kim Jong-un as they were afraid of the consequences. Clooney said he wanted to see the film released on-line to undermine the threats of the hacking gang, who are believed to be supported by North Korean agents. Sony's computer systems were breached following a major hacking attack last month, which saw highly confidential material released as well as a string of embarrassing emails.
  • The Sony Hack Was An Act of War, Not A ´Crime´

    12/19/2014 5:02:07 AM PST · by IBD editorial writer · 19 replies
    Investor's Business Daily ^ | 12/18/2014 | IBD Staff
    Cyberwar: Like a bomb detonating in slow motion, the scale and destructiveness of the Sony hack has only now become fully apparent. Telling Americans to go to the movies doesn't cut it as a government response. At first, it seemed as if Sony was the latest victim of hackers who delight in stealing confidential information and sending it along to WikiLeaks. The hackers called themselves "Guardians of Peace" and claimed, "We want equality. Sony doesn't." Sony initially labeled the event as "an IT matter." For a while, the hack seemed to threaten only the reputations of some Hollywood big shots,...
  • Sony “stuck in 1992″ after hacks – except for Macs, iPads and iPhones

    12/18/2014 7:38:04 AM PST · by Star Traveler · 64 replies
    9-to-5 Mac ^ | Thursday, December 18, 2014 | Staff
    A Sony employee has described the company as being “stuck in 1992″ following the massive hacks, with employees desperately trying to avoid using any technology that could be compromised, reports TechCrunch. There has, though, been one exception to the ban on modern technology: Apple kit. “People using Macs were fine,” she said. She said most work is done on iPads and iPhones. Sony may need to buy a few extra Macs, with some departments having only one or two computers for the entire office. It is, she said, like “living in an office from ten years ago.”
  • DIA: North Korea Planned Attacks on US Nuclear Plants

    12/18/2014 8:11:16 PM PST · by Jet Jaguar · 49 replies
    Free Beacon ^ | Dec 18, 2014 | Bill Gertz
    Five commando units trained for strikes, sabotage North Korea dispatched covert commando teams to the United States in the 1990s to attack nuclear power plants and major cities in a conflict, according to a declassified Defense Intelligence Agency report. The DIA report, dated Sept. 13, 2004, reveals that five units of covert commandos were trained for the attacks inside the country. According to the report, the “Reconnaissance Bureau, North Korea, had agents in place to attack American nuclear power plants.” The document states that the North Korean Ministry of People’s Armed Forces, the ministry in charge of the military, “established...
  • Obama's Bumbling, Stumbling America Loses its First Cyber War to a Hotel Room Full of Nork Kids

    12/18/2014 3:33:23 AM PST · by Reaganite Republican · 20 replies
    Reaganite Republican ^ | 18 December 2014 | Reaganite Republican
    As Newt Gingrich noted yesterday, the surrender by Sony Pictures to a shadowy group of North Korean hackers has set a chilling precedent... just wait 'til they grab hold of one of our nuclear plants(like the Israelis already did  to Iran)... BIG defeat for the US and Japan here, and a terrifying incident, to be sure (that's why they call it 'terrorism')- so now this little tinpot-nothing-of-a-country has substantial unchecked power/influence right inside the United States of America? Can you imagine Ronald Reagan/Cap Weinberger letting this go down without KJU being made to seriously regret it? Of course, Obama...
  • Secret video of 'exhausted workforce' in Chinese factory making Apple products

    12/18/2014 2:25:06 PM PST · by WhiskeyX · 33 replies
    BBC ^ | 18 December 2014 Last updated at 19:02 GMT | Richard Bilton, BBC
    A BBC investigation for Panorama has exposed poor working conditions in factories making Apple products in China. The undercover team secretly filmed the iPhone production line and found Apple's promises to protect workers were routinely broken. One undercover reporter - making parts for Apple computers - had to work 18 days without a day off. Other workers were filmed falling asleep. Apple say they will investigate any concerns brought to them. The BBC's Richard Bilton reports from Shanghai. [VIDEO]
  • Secret video of 'exhausted workforce' in Chinese factory making Apple products

    12/18/2014 2:18:16 PM PST · by WhiskeyX · 23 replies
    BBC ^ | 18 December 2014 Last updated at 19:02 GMT | Richard Bilton, BBC
    A BBC investigation for Panorama has exposed poor working conditions in factories making Apple products in China. The undercover team secretly filmed the iPhone production line and found Apple's promises to protect workers were routinely broken. One undercover reporter - making parts for Apple computers - had to work 18 days without a day off. Other workers were filmed falling asleep. Apple say they will investigate any concerns brought to them. The BBC's Richard Bilton reports from Shanghai. [VIDEO]
  • RUSSIA'S SINKING ECONOMY BECOMING A GLOBAL THREAT

    12/16/2014 3:14:47 PM PST · by Star Traveler · 87 replies
    Associated Press ^ | Tuesday, December 16, 2014 | Josh Boak
    WASHINGTON (AP) -- Russia's suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. With economies in Europe, Japan, China and Latin America already ailing, fresh threats have emerged from Russia's shriveled currency, its move to dramatically boost interest rates, the damage from plummeting oil prices and Western sanctions over Russia's action in Ukraine. The alarming 10 percent drop in the ruble over the past two days has amplified the economic turmoil in Russia. Investors fear that Russia may default on its foreign debt obligations - a move that would inflict hundreds of billions...
  • China Wants ‘Made in China’ Nuclear Reactors

    12/17/2014 5:23:52 AM PST · by thackney · 24 replies
    Wall Street Journal ^ | Dec 15, 2014 | BRIAN SPEGELE
    When a unit of North Carolina’s Curtiss-Wright Corp. won a roughly $300 million deal in 2007 to supply components for new reactors in China, industry officials trumpeted China’s nuclear boom as good for U.S. business. Today, Chinese companies are competing for that business—and foreign companies risk getting left out. Meanwhile, Curtiss-Wright’s contract is caught up in a legal dispute, while Chinese authorities blame the company in part for the delay of a landmark nuclear project. U.S. and other foreign companies are now struggling to keep their hold in China, the industry’s biggest growth market and a rare bright spot more...
  • Your First Prerequisite is to Acquire My(Jesus) Presence

    12/16/2014 10:53:52 AM PST · by Jedediah · 10 replies
    Your prerequisite in all things is to first acquire My Presence for in My courts there are libraries of scrolls providing the wisdom and knowledge in first acquiring the understanding to decipher and illuminate My Word in Spirit and Truth and it is in the interpretation of your heavenly languages, "that exist even now in the alcoves of your wellspring" but these can only rise up into reality and understanding as you manifest and operate totally in the Menorah of light " The Manifold Wisdom of God " My very fullness indwelling you as "an eternal light of My Kingdom...
  • Is China’s air force catching up to the U.S. Air Force?

    12/15/2014 9:31:37 AM PST · by SleeperCatcher
    Absolute Rights ^ | 12/15/2014 | Jon E Dougherty
    I am deeply disappointed that Greenpeace engaged in an action at the sacred Nazca Lines in Peru. We have been hearing from many of you and I share your frustration and anger about this situation. The decision to engage in this activity shows a complete disregard for the culture of Peru and the importance of protecting sacred sites everywhere. There is no apology sufficient enough to make up for this serious lack of judgment. I know my international colleagues who engaged in this activity did not do so with malice, but that doesn’t mitigate the result. It is a shame...
  • U.S. West Coast Ports Face New Crisis as Dockworkers Cease Contract Negotiations

    12/15/2014 7:12:42 AM PST · by Vigilanteman · 20 replies
    Supplychain 24/7 ^ | November 21, 2014 | Patrick Burnson
    Just when shippers thought things could not get any worse with the West Coast port labor “slowdown,” dockworkers proved them wrong. The latest tactic employed by the International Longshore and Warehouse Union (ILWU) has been to cease contract negotiations for next 12 days. “We have made it abundantly clear that we believe these negotiations are of the utmost importance and should continue at full strength until the Thanksgiving holiday,” said Pacific Maritime Association (PMA) spokesman Wade Gates. “We are disappointed the Union is not showing the same urgency to resolve the issues between us.” Three weeks after initiating a coordinated...
  • China: Power plant burns banknotes instead of coal

    12/15/2014 6:27:35 AM PST · by C19fan · 8 replies
    BBC ^ | December 10, 2014 | Staff
    The power plant in Luoyang, central Henan Province, is burning old and damaged banknotes instead of coal - the first time this has been done in China, the official Xinhua news agency reports. The plant says one tonne of notes can generate more than 600 kWh of electricity, and is better for the environment than burning coal. The country's central bank, the People's Bank of China, has given permission for the notes to be burned, and says it's an efficient way to make electricity. With the province's unused paper money the company "can help generate 1.32 million kWh of electricity...
  • Turkey could scrap controversial Chinese missile purchase

    11/12/2014 5:52:36 AM PST · by DeaconBenjamin · 1 replies
    Hürriyet ^ | November/12/2014
    Turkey could scrap a controversial plan to buy missile defense systems from China that alarmed the United States and its Western allies, Turkish and European sources said on Nov. 12. Key NATO member Turkey said in September last year that it was entering negotiations with the China Precision Machinery Export-Import Corporation (CPMIEC) to acquire its first long-range anti-missile systems. However, the plan has deeply concerned the United States, which has already imposed sanctions on the Chinese company for supplying arms to Iran and Syria in defiance of an embargo. "Several options are on the table, including a cancellation of the...
  • US Trade with China. Headed for another (record) bad year in 2014.

    Just thought it was worth posting, since it now appears we are about to break the bad record we had established: The US / China trade balance appears to be heading for setting, another (bad) record this year. Go into any store. Pick up anything. Anywhere. Odds are it is imported, from China. Just saying.
  • OPEC isn't scared of $40 oil

    12/14/2014 1:42:51 PM PST · by Signalman · 15 replies
    CNNMoney ^ | 12/14/2014 | Gregory Wallace
    OPEC won't rush to cut oil production even if prices fall as low as $40 per barrel, one of the cartel's members said Sunday. The energy minister for the United Arab Emirates told Bloomberg at a Dubai conference that the middle eastern oil producers believe "the market will stabilize itself." "We are not going to change our minds because the prices went to $60 or to $40," Suhail Al-Mazrouei said. Even as it has watched prices dip, OPEC declined to cut back on production at its November meeting. Some observers had expected a production cut to boost the price of...
  • Saudi Arabia’s oil war against Iran and Russia

    12/14/2014 2:08:05 PM PST · by elhombrelibre · 55 replies
    NYP ^ | 14 Dec 14 | Ralph Peters
    This week, oil fell through the price floor of $60 a barrel and gas at my local filling station was $2.26 a gallon. That’s great news for commuters and almost every business, but wonderfully bad news for our ugliest enemies. If oil prices remain low through next year, the effect on rogue governments, from the Russian Federation to Venezuela, will go from damaging to devastating. But Western economies (and China’s) stand to benefit, with cheap oil possibly tickling Europe’s snoozing markets awake. Even most underdeveloped states will get a welcome break.
  • We’re Number Two

    12/14/2014 10:51:14 AM PST · by Sean_Anthony · 6 replies
    Canada Free Press ^ | 12/14/14 | Alan Caruba
    The fact remains that Main Street is in trouble. The nation requires an economy in which new businesses are created and existing ones can afford to expand. That is not happening The U.S. was the world’s number one economy prior to World War II, but it took off bigtime after the war and there has not been a day of my long life in which we were not number one—until now. The International Monetary Fund recently released its calculations regarding the world’s economy and concluded that China is the number one economy, producing $17.6 trillion in terms of goods and...
  • President Xi Attends China's First State Memorial Ceremony For Nanjing Massacre Victims

    12/12/2014 11:06:15 PM PST · by goldstategop · 6 replies
    Xinhua News Agency ^ | 12/13/2014 | Xinhua News Agency
    NANJING, Dec. 13 (Xinhua) -- Chinese President Xi Jinping said Saturday that denial of the Nanjing Massacre will not be allowed by the Chinese people or peace-loving people anywhere in the world. The Nanjing Massacre, committed by Japanese aggressors, was one of three major massacres during WWII. It was an atrocious anti-human crime and a dark page in the history of humanity, Xi said while addressing a state ceremony for China's first National Memorial Day for Nanjing Massacre Victims. "Anyone who tries to deny the massacre will not be allowed by history, the souls of the 300,000 deceased victims, the...
  • When the UN Apes Al Sharpton

    12/12/2014 4:10:55 AM PST · by Cincinatus' Wife · 9 replies
    The American Spectator ^ | December 12, 2014 | Horace Cooper
    Among the familiar hucksters who sought to capitalize on the troubles in Ferguson, Missouri, came a new face: Prince Zeid Ra’ad Al Hussein, the UN’s High Commissioner for Human Rights and self-styled heir to the non-existent royal houses of Iraq and Syria. “I am deeply concerned,” Prince Zeid said in a press release, about “institutionalized discrimination” in America, and “I urge the U.S. authorities” to conduct “in-depth examinations” of racial justice. Notwithstanding the overwhelming evidence that Michael Brown’s death resulted from the criminal acts he engaged in before and during his encounter with officer Darren Wilson, Zeid’s Human Rights Council...
  • PLA's new Type 1130 CIWS can intercept Mach 4 missiles

    12/11/2014 7:29:51 PM PST · by sukhoi-30mki · 15 replies
    Want China Times ^ | 2014-12-11
    Russian media has reported that China's latest indigenous Type 1130 close-in weapon system can fire 10,000 rounds per minute and destroy 90% of hypersonic missiles traveling at a speed four times the speed of sound, reports our Chinese-language sister paper Want Daily. The system, which is the third-generation of the close-in weapon system developed by China, was recently spotted being installed on a PLA Type 054A frigate. Compared to its seven-barreled Type 730 predecessor, the Type 1130's Gatling-type gun has the same 30 mm caliber but the number of barrels increased to 11. While the Type 730 has only one...
  • China tells US to 'correct its ways' after torture report

    12/10/2014 9:15:11 AM PST · by SeekAndFind · 39 replies
    BEIJING (AFP) - China on Wednesday urged the United States to "correct its ways" after a damning US Senate report detailed use of torture by the CIA. "China has consistently opposed torture," Chinese foreign ministry spokesman Hong Lei told a regular briefing. "We believe the US side should reflect upon itself, correct its ways and earnestly respect and abide by the rules of international conventions." Rights groups say China's own justice system is riddled with abuses and that it is not uncommon for confessions to be extracted through torture. Beijing says it attaches great importance to human rights and that...
  • Man charged with trying to take U.S. military documents to China

    12/09/2014 3:51:39 PM PST · by Oldeconomybuyer · 27 replies
    Reuters ^ | December 9, 2014 | by Aruna Viswanatha
    A former Connecticut resident and Chinese citizen who allegedly worked on the F135 engine was charged with trying to take sensitive documents about military technology to China, according to a criminal complaint unsealed on Tuesday. Yu Long was en route to China in November via Newark Liberty International Airport in New Jersey where customs officers found proprietary documents in his luggage that included equations and test results used to develop titanium for U.S. military aircraft, prosecutors said. Between 2008 and earlier this year, Yu Long worked as a senior engineer for a Connecticut defense contractor. He had said he worked...
  • Reaching for the Sky

    12/09/2014 9:42:46 AM PST · by Kaslin · 3 replies
    Townhall.com ^ | December 9, 2014 | Charles Payne
    “China has surpassed America” is a headline that didn't make the front page of many US newspapers, but the IMF made it official that an economic output in China this year will be $17.6 trillion and $17.4 trillion for us.Even if we stick to old-fashioned GDP measures, China is only a few years away from the top spot.By 2020, they will have erected so many amazing skyscrapers, many which will surpass the new Freedom Tower, knocking it off the top-ten list.I realize China posted some ugly economic data overnight, and recently launched into a money printing scheme to pump up...
  • China Conducts Third Test Of Game-Changing Missile

    12/09/2014 9:38:20 AM PST · by raptor22 · 16 replies
    Investor's Business Daily ^ | December 9, 2014 | IBD EDITORIALS
    Defense Threat: China conducts its third test in a year of a hypersonic glide vehicle designed to evade our missile and other defense systems, including the Aegis defense system guarding our carrier battle groups. As we downsize our military, scale back weapons procurement and development, China proceeds at top speed towards weapons designed to counter our once-huge technical advantage and qualitative superiority. Case in point is the third flight test of a hypersonic glide vehicle (HGV), dubbed the WU-14 by the Pentagon, following earlier tests on Jan. 9 and Aug. 7 of this year. The U.S. Navy is particularly concerned,...
  • China boasts new J-31 stealth fighter could 'take down' US F-35

    12/09/2014 7:33:50 AM PST · by sukhoi-30mki · 33 replies
    Reuters ^ | DECEMBER 9, 2014 | Megha Rajagopalan
    BEIJING — China's new stealth fighter could certainly "take down" its opponent in the sky, the president of China's top aircraft maker said on Tuesday, referring to its U.S.-made counterpart. Lin Zuoming, president of Aviation Industry Corp of China (Avic), which developed the J-31 stealth fighter, made the remarks in an interview on state broadcaster China Central Television (CCTV). "When it takes to the sky, it can definitely take it down," he said, in a reference to the U.S.-made F-35. "That's a certainty." Lin also emphasized the company's desire to compete with the United States in new markets, particularly countries...
  • A WORD OF LOVE AND DIRECTION

    12/09/2014 7:03:33 AM PST · by Jedediah
    My children of light you have arrived for you abide in My presence in Zion yet many remain earthbound in distractions. Therefore throw off these hindrances "yeah" fast the earth for though I am coming I have already arrived in "you" My Zion on earth. You see as you strip your wellspring of earthly desires Heaven arises in you in all the fullness of The Godhead and it is then My will "is" done. Let there be freedom for My Spirit to "speak" to you of new things and allow Me to bless you through your obedience to My Voice...