China, NKorea Reaffirm Ties After Rocket Test

April 25, 2012 by ·

Chinese President Hu Jintao met with a top North Korean envoy in a reaffirmation of traditional ties following Chinese pique over Pyongyang’s recent attempted rocket launch.

State broadcaster CCTV made no mention of the failed April 13 launch in its report on Hu’s meeting Monday with Workers’ Party international relations chief Kim Yong Il at the Great Hall of the People in the heart of Beijing.

Hu sent his congratulations to North Korea’s young new leader Kim Jong Un on his assuming the title of Workers’ Party first secretary and said strengthening ties with North Korea was a key priority for China’s ruling communists. [Read more...]

Filed Under: Foreign Affairs, Foreign News ·

Asian Stocks Fall As European Problems Simmer

April 24, 2012 by ·

Asian stocks fell Monday after budget talks in the Netherlands collapsed over the weekend and a Socialist who wants to put France’s austerity plans in reverse won the first round of the country’s presidential election.

Japan’s Nikkei 225 index fell 0.3 percent to 9,533.48, as a strengthening yen hurt high-tech exporters. Hong Kong’s Hang Seng lost 0.7 percent to 20,871.23 and South Korea’s Kospi fell 0.3 percent to 1,969.69. Australia’s S&P/ASX 200 dropped 0.2 percent to 4,357.70.

Over the weekend, Dutch lawmakers failed to resolve differences over budget cuts needed to bring the Dutch deficit back within the European Union limit of 3 percent of gross domestic product. [Read more...]

Filed Under: Business, Economy, Stock Market ·

Now, A Crisis Boom

April 23, 2012 by ·

There’s more to women’s liberation in conservative Riyadh than the world’s largest only-woman university.

Riyadh, Saudi Arabia’s capital city, is experiencing a construction boom, and swanky new towers to house people and accommodate trendy offices are sprouting out of the desert sands. The skyline is dotted with yellow clusters of cranes, worked by expatriate blue collar workers to ensure that in the future Riyadh is not short of shopping malls restaurants and expensive glass and steel showrooms. The Ritz Carlton Hotel where a visiting Indian delegation, out on a track-II odyssey, was put up is a massive structure, built lavishly on an area large enough to accommodate a large football stadium. The hotel’s gigantic dimensions demonstrate the scale of Saudi Arabia’s soaring ambitions, as well as the cornucopia of wealth the country’s unending oil reserves have provided to its citizens, especially the ranks of its growing elite. [Read more...]

Filed Under: Business, Economy ·

Philippines Says New China Ship Aggravates Sea Row

April 22, 2012 by ·

The Philippines on Friday accused China of escalating the countries’ 10-day standoff in the disputed South China Sea by sending a third patrol vessel to a shoal where both sides claim sovereignty.

The standoff at the Scarborough Shoal, sparked April 10 when the Philippines accused Chinese fishermen of poaching in its territory, is being closely watched to see how far Beijing will go in its increasingly assertive stance on territorial claims in the region. The South China Sea is home to a myriad of competing claims, also involving Vietnam, Brunei, Malaysia and Taiwan.

The latest Chinese patrol vessel was dispatched after the Philippines refused to withdraw its coast guard ship from Scarborough Shoal, China’s state-run Xinhua news agency said. [Read more...]

Filed Under: Foreign Affairs, News ·

China Top Military Paper Warns Of Armed Confrontation Over Seas

April 21, 2012 by ·

China’s top military newspaper warned the United States on Saturday that U.S.-Philippine military exercises have fanned risks of armed confrontation over the disputed South China Sea.

The commentary in China’s Liberation Army Daily falls short of a formal government statement, but marks the harshest high-level warning yet from Beijing about tensions with the Philippines over disputed seas where both countries have recently sent ships to assert their claims.

This week American and Filipino troops launched a fortnight of annual naval drills amid the stand-off between Beijing and Manila, who have accused each other of encroaching on sovereign seas near the Scarborough Shoal, west of a former U.S. navy base at Subic Bay. [Read more...]

Filed Under: Foreign News, Foreign Policy ·

Lawmakers File Motion Condemning China’s Claim

April 20, 2012 by ·

Call for inquiry into why armed forces did not assert nation’s sovereignty

Manila Congressmen Teodoro Casiño and Neri Colmenares filed a resolution in the House of Representatives condemning China’s claim to Scarborough Shoal, which lies 230km west of Subuc Bay in central Luzon.

“We do not want to go to war, but we must assert our sovereignty, through whatever means we can,” Casiño said.

The two also called for a congressional inquiry on the inability of the Armed Forces, the Philippine Navy, the Philippine Coast Guard to assert the country’s sovereignty over the shoal. [Read more...]

Filed Under: Diplomatic Ties, International News ·

Targeting Your Audience

April 19, 2012 by ·

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Filed Under: Art, Humanities ·