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Keyword: china

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  • China to cut SOE executives' salaries

    08/29/2014 6:23:51 AM PDT · by Oldeconomybuyer · 6 replies
    Xinhua News ^ | August 29, 2014
    BEIJING -- The top leadership of the Communist Party of China (CPC) decided on Friday to cut salaries for executives of state-own enterprises (SOEs). During a meeting presided over by Chinese President and CPC General Secretary Xi Jinping, the Political Bureau of the CPC Central Committee approved plans to reform the system that determines centrally administered SOE executives' salaries and the size of their expense accounts and other privileges. In a statement released after the meeting, the Political Bureau said excessive salaries will be cut to reasonable levels. It urged SOEs to improve their corporate ethics, saying that income gaps...
  • Drilling Furiously: Chinese Energy Giants Turn Upbeat on Shale Gas

    08/29/2014 5:23:49 AM PDT · by thackney · 4 replies
    Reuters via Rig Zone ^ | August 29, 2014 | Charlie Zhu
    China's energy heavyweights Sinopec Corp and PetroChina have upgraded their outlook on the country's shale gas industry, citing steadily declining costs, but stopped short of predicting a near-term boom. China, estimated to hold the world's largest technically recoverable shale resources, is hoping to replicate the shale boom that has transformed the energy landscape of the United States. Industry experts caution that it would be much more difficult for China to monetise its shale gas reserves than the U.S. as it faces serious challenges from water shortages to complicated geological structure and a lack of infrastructure. But top executives at China's...
  • Petro-dollar era is officially over as Gazprom begins sales in Yuan and Rouble

    08/29/2014 12:43:49 AM PDT · by wetphoenix · 9 replies
    Exeminer ^ | August 27, 2014 | Kenneth Schortgen Jr
    Aug. 27 will officially go down as a red letter day in the history of reserve currencies and dollar hegemony in how oil and gas are purchased throughout the world. In a new announcement from the Russian business media source, Kommersant, Gazprom has conducted the first sale of oil in a currency other than the dollar, and will henceforth open their purchase window to accept both Roubles and Yuan for the exchange of oil and gas products. Beginning today with an 80000 ton oil shipment from their Arctic fields, Gazprom Neft agreed to new terms on the sale and transfer...
  • Toss routers with hardcoded passwords, expert says

    08/28/2014 3:30:05 AM PDT · by palmer · 24 replies
    Network World ^ | Aug 27, 2014 4:26 AM PT | Antone Gonsalves
    Sometimes it is best to toss security-challenged technology, and that's the recommendation experts are giving to small businesses using a flawed router from a China-based manufacturer. Trend Micro reported this week that routers sold under the brand name of Netcore in China and Netis outside of the country contained a "backdoor" that could be easily accessed by a hacker to monitor Internet traffic. ...
  • Russians, Chinese keen to buy EU passports from Malta

    08/27/2014 8:52:48 PM PDT · by Olog-hai · 3 replies
    EU Observer ^ | 26.08.14 @ 08:30 | Andrew Rettman
    Russians, Chinese, and people from the Middle East have shown the most interest in Malta’s sale of EU passports so far. A spokeswoman for Henley & Partners, the British firm handling the controversial passport scheme, told EUobserver that “over 200” people from 30 different nationalities have applied since it got up and running in early 2014. She added that: “The main geographic areas from which applicants originate are the MENA [Middle East and north Africa] region, Russia, China, and South East Asia”. She also said the well-heeled applicants will bring in more than €200 million in foreign investment to the...
  • Chinese-made U.S. military coins should be outlawed, Stilp says

    08/27/2014 3:18:52 PM PDT · by george76 · 17 replies
    PennLive ^ | August 26, 2014 | Jan Murphy
    Learning that U.S. Navy commissioning coins were made in China is more than Middle Paxton Twp. resident Gene Stilp can tolerate. The citizen activist doesn't like seeing the "Made in China" label on any product, knowing it signals the continued erosion of America's manufacturing base. But having the United States military buying Chinese-made commemorative coins is an insult to those who wear its uniforms, he said. On Monday, Stilp asked U.S. Sen. Bob Casey, D-Pa., to push for a federal law barring any branch of the military from buying collectible coins minted outside the nation's borders. The Democratic state House...
  • China Developing an Operating System to Take on Microsoft, Google and Apple

    08/27/2014 7:09:52 AM PDT · by SeekAndFind · 33 replies
    New York Times ^ | 08/26/2014
    SHANGHAI — China could have a new homegrown operating system by October to take on imported rivals such as Microsoft, Google and Apple, Xinhua, the government news agency, reported. Computer technology became an area of tension between China and the United States after a number of run-ins over cybersecurity. China is now looking to help its domestic industry catch up with imported systems such as Windows from Microsoft and the mobile operating system Android from Google. The operating system would first appear on desktop devices and later extend to smartphone and other mobile devices, Xinhua reported on Sunday, citing Ni...
  • Vladimir Putin's pointless conflict with Europe leaves it a vassal of China

    08/26/2014 4:07:59 PM PDT · by Tailgunner Joe · 13 replies
    telegraph.co.uk ^ | August 6, 2014 | Ambrose Evans-Pritchard
    The Kremlin is counting on acquiescence from the BRICS quintet as it confronts the West, and counting on capital from China to offset the loss of Western money. This is a pipedream. China's Xi Jinping drove a brutal bargain in May on a future Gazprom pipeline, securing a price near $350 per 1,000 cubic metres that is barely above Russia's production costs. Pieties aside, the two countries are rivals in central Asia, where China is systematically building pipelines that break Russia's stranglehold. China has large territorial claims on Far Eastern Russia, land seized from the Qing Dynasty in the 19th...
  • China Discovers Cross-Border Tunnels Leading to Xinjiang, North Korea

    08/26/2014 6:12:51 AM PDT · by TigerLikesRooster · 16 replies
    The Diplomat ^ | August 26, 2014 | Shannon Tiezzi
    China Discovers Cross-Border Tunnels Leading to Xinjiang, North Korea Images from a Chinese satellite show cross-border tunnels in sensitive regions. By Shannon Tiezzi August 26, 2014 In April 2013, China launched Gaofen-1, its first high-definition earth observation satellite (Gaofen-2 was launched just last week, on August 19). This week, China’s National Space Administration reported that Gaofen-1 had captured images showing “dozens of cross-border tunnels” in northwest Xinjiang and along the China-North Korea border. It’s unclear exactly what the tunnels are used for, but Chinese media tied their existence to previous reports on illegal China-North Korea border crossings, as well as...
  • China courts documentaries as it limits expression

    08/26/2014 2:11:53 AM PDT · by Olog-hai
    Associated Press ^ | Aug 26, 2014 2:31 AM EDT | Louise Watt
    China is wooing filmmakers at the same time as it’s cracking down on them. Authorities are handing more slots to documentaries, giving even independent filmmakers a chance to be shown on state television. But while China is avidly pursuing what it considers serious content to replace popular dating, reality and game shows, it is also stifling material with any whiff of challenging the Communist Party line. A weekend crackdown by authorities on an independent film festival in Beijing was the worst in its eight-year history, with police confiscating hundreds of films and briefly detaining two organizers. China’s broadcasting authority has...
  • China’s Eye in the Sky Zooms In on Illicit Activity

    08/25/2014 8:10:19 AM PDT · by mgist · 3 replies
    NY Times ^ | 8/25/14 | Geogh
    The biggest tracts of cannabis to have been detected in China since the founding of the People’s Republic in 1949 are in the northern provinces of Jilin and Inner Mongolia. Inner Mongolia is also home to extensive fields of illicit opium poppies, as are the provinces of Heilongjiang and Hebei. These and other discoveries were made possible by images transmitted from space by Gaofen-1, China’s first high-resolution imaging satellite, the official China News Service reported on Monday. Launched into space on the back of a Long March rocket in April 2013, the Gaofen-1 has been orbiting the Earth at an...
  • Pakistan Looks to Buy Weapons from Russia

    08/05/2014 12:06:52 PM PDT · by C19fan · 10 replies
    Via Meadia ^ | August 5, 2014 | Walter Russell Mead
    After recently ending its arms embargo against Pakistan, Moscow seems set to go through with a deal to sell MI-35 attack helicopters to the South Asian nation, ostensibly to assist it in its war against Islamist militants. This sale has little precedent; Pakistan and India’s Cold War alliances, with the U.S. and Russia respectively, have largely endured to this day. After 9/11 especially, Pakistan was a major recipient of American aid and military equipment, while India maintained its strategic relationship with Russia by continuing to be its biggest weapons buyer.
  • China targets ordinary Uighurs with beards, burkas (“religion of peace”)

    08/24/2014 10:53:11 AM PDT · by Olog-hai · 14 replies
    Associated Press ^ | Aug 24, 2014 11:53 AM EDT | Gillian Wong
    Outside a mosque in China’s restive west, a government-appointed Muslim cleric was dodging a foreign reporter’s question about why young men of the Uighur ethnic minority don’t have beards when one such youth interrupted. “Why don’t you just tell them the truth?” he shouted to the cleric…. “It’s because the government doesn’t allow beards.” A plainclothes Uighur policeman swiftly rebuked the young man. “Be careful what you say,” he warned. […] … Such a mood pervades Xinjiang’s south, a vast, mainly rural region that’s become a key battleground in the ruling Communist Party’s struggle to contain escalating ethnic violence that...
  • U.S. Sends Second Carrier to Asia Amid Tensions with China

    08/23/2014 5:53:35 PM PDT · by McGruff · 51 replies
    The Washington Free Beacon ^ | 8/23/2014 | Bill Gertz
    The Navy is sending a second aircraft carrier strike group to the Asia Pacific region amid new tensions with China over a dangerous aerial encounter between a Chinese interceptor and Navy P-8 surveillance craft. The strike group led by the USS Carl Vinson departed San Diego for the Pacific on Friday, the Navy said in an announcement of what it terms a “planned” deployment. China’s military on Saturday, meanwhile, demanded an end to all U.S. monitoring flights and called U.S. criticism of dangerous Chinese jet maneuvers false. Chinese Defense Ministry spokesman Yang Yujun said in a statement that a Chinese...
  • Red China and Qatar Forge a New Era of Relations around High Finance

    10/19/2012 10:09:35 PM PDT · by bruinbirdman
    Jamestown China Brief ^ | 10/19/2012 | Chris Zambelis
    The impetus underlying China’s manifold interests in the Middle East remains a topic of close scrutiny. The dramatic social and political changes that are taking root in the region portend a vastly different geopolitical cartography in contrast with previous arrangements. These circumstances yield important implications for the people of the Middle East and foreign powers, such as the United States with longstanding strategic interests in the region. Owing to its notable inroads into the Middle East in recent years, China also is watching regional events unfold with great interest. Due to its increasing demand for Middle Eastern oil and natural...
  • Shanghai to San Francisco in 100 minutes by Chinese supersonic submarine

    08/24/2014 6:00:06 AM PDT · by sukhoi-30mki · 70 replies
    South China Morning Post ^ | Sunday, 24 August, 2014 | Stephen Chen
    Chinese eye 'supercavitation' technology as future of underwater travel China has moved a step closer to creating a supersonic submarine that could travel from Shanghai to San Francisco in less than two hours. New technology developed by a team of scientists at Harbin Institute of Technology's Complex Flow and Heat Transfer Lab has made it easier for a submarine, or torpedo, to travel at extremely high speeds underwater. Li Fengchen, professor of fluid machinery and engineering, said the team's innovative approach meant they could now create the complicated air "bubble" required for rapid underwater travel. "We are very excited by...
  • Lungmen 1 passes pre-operational tests

    08/23/2014 11:44:10 PM PDT · by Rabin · 1 replies
    world-nuclear-news ^ | 01 August 2014 | Staff
    Pre-operational tests have been successfully completed at unit 1 of the Lungmen nuclear power plant in Taiwan. Start-up of the reactor has been delayed until a national referendum, not expected for up to another three years. Construction work began on the two 1350 MWe Advanced Boiling Water Reactors at Lungmen, in 1999, with the first scheduled to enter commercial operation in 2006 and the second in 2007. NT$300 billion ($10 billion) has already been spent building the plants both of which, will now mothball.
  • China seizes huge cache of illegal weapons including 10,500 guns and 120,000 knives and SWORDS

    08/22/2014 11:01:41 PM PDT · by skinkinthegrass · 19 replies
    Daily Mail.Co. UK ^ | 14 April 2014 (update:15 April 2014 ) | Matt Blake
    China seizes huge cache of illegal weapons including 10,500 guns and 120,000 knives and SWORDS Follows 4-month probe leading agents deep into China's criminal underworld Haul includes sniper rifles, machine guns, crossbows and samurai swords 15 people were arrested on suspicion of making and distributing arms Official says it was a family-run firm that 'gave business cards all over China'
  • Chinese Top Gun 'Barrel Rolled' Over US Plane

    08/22/2014 7:37:05 PM PDT · by Whenifhow · 50 replies
    http://news.sky.com/ ^ | August 22, 2014 | Sky News Team
    The US has lodged a formal protest with Beijing after a Chinese fighter jet conducted a barrel roll "very, very close" over an American Navy plane this week, the Pentagon has said. Rear Admiral John Kirby said the Chinese plane exposed its undercarriage to show that it was armed to the P-8 anti-submarine warfare aircraft during Monday's incident in international airspace near Japan. He said the Chinese aircraft came within 30ft (9 metres) of the American plane, while the wing tips of the two aircraft were just 20ft apart.
  • Footage of executed US journalist James Foley shown on giant TV in downtown Beijing on repeat loop

    08/22/2014 12:52:20 PM PDT · by Rusty0604 · 16 replies
    Atlas Shrugs ^ | 08/22/2014 | Pamela Geller
    In a strikingly different approach to the threat of jihad terror, the Chinese government wants it people to understand the horror and savagery of the jihadists that threaten that country. China has suffered some of the worst Islamic terror attacks in recent months. Mass machete attacks, bombings in Tiananmen Square etc. The Chinese government knows what they are up against and this crude exercise is their way of the educating their people to this grave threat (the actual beheading does not appear to be shown.) Is the American flag flying at the end of the video a shot at America?...
  • India Shows Off a New Warship as Its Maritime Rivalry With China Deepens

    08/22/2014 12:46:09 PM PDT · by sukhoi-30mki · 21 replies
    Time Magazine ^ | August 22, 2014 | David Stout
    New Delhi needs more firepower to protect its stake in the Indian Ocean, defense experts say The Indian navy will add another warship into its rapidly expanding fleet over the weekend as it seeks to counter China’s growing supremacy on the high seas of the Indo-Pacific. The INS Kamorta, which Indian officials are lauding as the nation’s first domestically built antisubmarine warship, will be unveiled to the public on Saturday during a ceremony at a naval dockyard in the eastern seaboard city of Visakhapatnam. Earlier this month, newly elected Prime Minister Narendra Modi christened the nation’s newest naval destroyer, the...
  • China's Chengdu J-20 fighter to compete with Russia's T-50

    08/22/2014 11:26:36 AM PDT · by sukhoi-30mki · 10 replies
    Business Insider ^ | 22 Aug, 2014 | Jeremy Bender
    China is in the process of developing its own native fifth-generation fighter to compete with the F-35 Joint Strike Fighter, and Russia's T-50. Although China has been secretive about the exact specifications of the aircraft, experts are warning that the plane could be a game-changer in East Asia's potentially fragile security environment. China's Chengdu J-20 is currently in its fourth round of prototypes. On July 26, the most recent version of the fighter flew for two hours before successfully landing. Information about the J-20 is limited, but an unnamed Asian government source told IHS Jane's that upwards of 20 J-20s...
  • China's second test of nuclear-armed hypersonic glider fails

    08/21/2014 10:15:45 PM PDT · by sukhoi-30mki · 11 replies
    South China Morning Post ^ | August 22, 2014 | Minnie Chan
    The People's Liberation Army has carried out a second, albeit unsuccessful test of a hypersonic vehicle, two sources close to the military said, as China attempts to find a way to deliver nuclear weapons at immense speed to evade defence systems. The test was carried out on August 7 at a missile and satellite launching centre in Shanxi province, about 300km from its capital Taiyuan, said the sources, who asked not be named. It was the second time the system had failed, the two sources said. The vehicle broke up soon after it was launched. It is designed to be...
  • China accused of ‘crime’ against Christianity

    08/21/2014 12:07:35 PM PDT · by SeekAndFind · 3 replies
    The Telegraph ^ | 08/21/2014 | By Tom Phillips, Shanghai
    An ongoing demolition campaign targeting churches in eastern China represents a “crime” against Christianity and threatens to foment social unrest, a group of Chinese lawyers has warned. Hundreds of churches in Zhejiang province have suffered partial or complete demolition this year as part of what activists describe as a major crackdown designed to slow the growth of Chinese congregations. The anti-church campaign resulted in bloodshed in late July when hundreds of security forces launched a pre-dawn raid on Salvation Church in Wenzhou, a city sometimes referred to as China’s Jerusalem, in an attempt to remove its cross. One Christian suffered...
  • China Conducts Second Test Of Game-Changing Missile

    08/21/2014 9:04:26 AM PDT · by raptor22 · 13 replies
    Investor's Business Daily ^ | August 21, 2014 | IBD EDITORIALS
    National Security: Beijing is moving fast on a maneuverable, hypersonic glide vehicle designed to evade America's defenses, including the Aegis ballistic missile system guarding our carrier battle groups. On Aug. 7, China conducted a second test of its hypersonic glide vehicle (HGV), known as the WU-14, yet another example of its relentless pursuit of high-tech weaponry as the United States abandons what the administration dismisses as Cold War weaponry. The first test, conducted in January, saw China's HGV reach speeds in the vicinity of Mach 10, about 10 times the speed of sound. In the latest test, according to Internet...
  • Rights before weapons for Vietnam

    08/21/2014 5:16:11 AM PDT · by ProgressiveAmerican · 10 replies
    Asia Times ^ | Aug 20, 2014 | D Hoang
    Earlier this month, Senator John McCain indicated that it was time for the United States to consider selling lethal weapons to Vietnam after a 30-year embargo. The recent maritime standoff between Beijing and Hanoi over Chinese oil exploration off the central coast of Vietnam exposed Hanoi’s many strategic weaknesses. Providing Vietnam with coast guard and maritime systems as a first step - and eventually radar, fighter aircraft and spare parts for leftover American military equipment - would bolster Hanoi’s strategic capabilities vis-a-vis China and give substance to the "comprehensive partnership" announced last year between Hanoi and Washington. But more than...
  • North Korea Just Moved Some Of Its Most Advanced Weaponry To The Chinese Border, Rising Tensions

    08/20/2014 9:53:20 AM PDT · by blam · 38 replies
    BI ^ | 8-20-2014 | Bobby Yip
    North Korea Just Moved Some Of Its Most Advanced Weaponry To The Chinese Border In A Sign Of Rising Tensions Jeremy BenderAugust 20, 2014 In a sign of the continuing decline in relations between North Korea and China, Pyongyang moved a number of tanks and armored vehicles away from South Korea to the Chinese border, according to The Chosun Ilbo, citing an anonymous source. North Korea has reportedly deployed 80 tanks to Ryanggang Province, directly across the border from China. The tanks were reinforced with armored infantry units, multiple rocket launchers, and a sharpshooter brigade. According to Chosun Ilbo, this...
  • Hackers are after more than just personal info

    08/20/2014 9:08:19 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | August 20, 2014 | Rachel Marsden
    A cyberattack on Community Health Systems Inc., a private hospital network, in April and June resulted in the theft of non-medical data of 4.5 million Americans, including names, addresses, birth dates, phone numbers and Social Security numbers, according to a new Securities and Exchange Commission filing. The attacks were attributed to Chinese hackers. There's justification for alarm, but not for the reasons you might think. The good news is that none of this information allegedly stolen by the Chinese is anything that hasn't long been publicly available through information broker websites, accessible by anyone on the planet for a modest...
  • China Secretly Conducts Second Flight Test Of New Ultra High-Speed Missile

    08/20/2014 6:21:45 AM PDT · by Cringing Negativism Network · 64 replies
    The Washington Free Beacon ^ | August 19, 2018 | Bill Gertz
    China recently conducted the second flight test of a new, ultra-high-speed missile that is part of what analysts say is Beijing’s global system of attack weapons capable of striking the United States with nuclear warheads. (please see article for full text)
  • Chinese drinks firm accused of adding VIAGRA to its spirits

    08/19/2014 10:38:14 PM PDT · by CorporateStepsister · 29 replies
    Daily Mail ^ | 19 August 2014 | Darren Boyle for MailOnline
    Chinese police have arrested a businessman who is alleged to have added the active ingredient from anti-impotence drug Viagra to bottles of alcohol. The businessman, known only as Mr Huang, was arrested in Jianshi County in China's Hubei Province on Sunday according to officials. The man is accused of adding one kilogram of sildenafil, the active ingredient in Viagra, to 750 litres of a clear Chinese spirit known as Baijiu.
  • China Eastern plane aborts landing as traffic controllers take a nap

    08/19/2014 9:23:45 PM PDT · by george76 · 6 replies
    Reuters ^ | 19 Aug 2014
    A China Eastern Airlines Corp passenger plane that had started its night-time descent into a Wuhan airport was forced to abort its landing after air traffic controllers had dozed off ... the China Eastern flight crew made repeated attempts to contact the duty flight controllers at Wuhan Tianhe Airport - twice in English and once in Chinese. Those calls went unanswered. ... China Eastern has suffered other mishaps in recent weeks
  • China: The Danger From Within

    08/19/2014 4:01:51 PM PDT · by nickcarraway · 1 replies
    Strategy Page ^ | August 16, 2014
    The government anti-corruption campaign has prosecuted more high-ranking thieves recently, and a lot more lower-ranking officials as well. This campaign has been going on longer, and taking down more people than any previous effort. The government also insists that this campaign will not, as in the past, simply diminish and fade away as past anti-corruption efforts have. This worries a lot of Chinese, even though most admit that the corruption is the greatest threat the current communist government faces. The potential problem is the growing risk that corrupt businessmen and officials who fear prosecution will get organized and fight back....
  • Hoping for its own shale gale, China seeks U.S. know-how

    08/19/2014 9:15:19 AM PDT · by thackney · 9 replies
    Fuel Fix ^ | August 17, 2014 | FuelFix.com
    Chinese oil companies are giving U.S. firms a bigger stake in exchange for the tools and technology of hydraulic fracturing, and many of those tools are made in Texas, or nearby. The Chinese hope hydraulic fracturing can launch a shale production gusher as it has in the United States–although China’s formations are deeper, and some are especially challenging because they’re in remote deserts or near densely populated cities. But the Chinese government is eager to reduce the country’s thick air pollution, and one step in that direction would be power plants that run on cleaner-burning natural gas instead of coal....
  • China promises to rein in executive pay

    08/18/2014 9:08:58 PM PDT · by Olog-hai
    Associated Press ^ | Aug 18, 2014 10:19 PM EDT
    China’s president has promised to rein in “unreasonably high” pay for executives at government-owned companies in an apparent effort to mollify public frustration at the wealth of state industry. President Xi Jinping’s announcement, carried by the official Xinhua News Agency, comes as the ruling Communist Party is pressing government officials to cut spending on limousines, banquets and other trappings of office. …
  • Aug 14 Lorem Ipsum: Of Good & Evil, Google & China

    08/18/2014 5:06:25 PM PDT · by OwenKellogg · 3 replies
    KrebsOnSecurity ^ | 10/18/2014 | Brian Krebs
    Imagine discovering a secret language spoken only online by a knowledgeable and learned few. Over a period of weeks, as you begin to tease out the meaning of this curious tongue and ponder its purpose, the language appears to shift in subtle but fantastic ways, remaking itself daily before your eyes. And just when you are poised to share your findings with the rest of the world, the entire thing vanishes.This fairly describes my roller coaster experience of curiosity, wonder and disappointment over the past few weeks, as I’ve worked alongside security researchers in an effort to understand how “lorem ipsum” — common placeholder...
  • Community Health Systems says personal data stolen in cyber attack

    08/18/2014 12:09:37 PM PDT · by detective · 15 replies
    Reuters ^ | August 18, 2014 | Reuters
    (Reuters) - Community Health Systems Inc , one of the biggest U.S. hospital groups, said on Monday it was the victim of a cyber attack from China, resulting in the theft of Social Security numbers and other personal data belonging to 4.5 million patients. That would make the attack the largest of its type involving patient information since a U.S. Department of Health and Human Services website started tracking such breaches in 2009. The previous record, an attack on a Montana Department of Public Health server, was disclosed in June and affected about 1 million people. The attackers appear to...
  • Chinese troops enter 25 km deep into Indian territory in Ladakh

    08/18/2014 9:19:28 AM PDT · by SeekAndFind · 13 replies
    DNA ^ | 08/18/2014
    Chinese troops are reported to have entered 25 to 30 km deep into Indian territory in Burtse area in Ladakh where they had pitched their tents last year that had led to a tense three-week standoff. Official sources said on Monday a patrol of Indian troops noticed the People's Liberation Army (PLA) personnel on Sunday while moving from their base towards the higher 'New Patrol base' post in Burtse area of North Ladakh in Jammu and Kashmir. The area is at an altitude of 17,000 feet. The sources said the troops after walking barely 1.5 km from their base spotted...
  • Rick Perry And The Democrats’ Pattern Of “Lawfare” Against Rising Republicans

    08/17/2014 2:10:27 PM PDT · by Hojczyk · 22 replies
    Powerline ^ | April 16, 2013 | PAUL MIRENGOFF
    John and Scott have commented on the indictment of Gov. Rick Perry. As they note, it fits a pattern of politically motivated indictments of prominent Texas Republicans. The Perry indictment also fits a pattern of harassment via the legal process of prominent Republican governors: Sarah Palin, Scott Walker, Chris Christie, and now Perry. What do these four have in common? Why, they all are (or were) potentially viable candidates for the national office. Invocation of the legal process against Christie may well be warranted. (So too with Bob McDonnell, whom I didn’t include in my list because, although once vaguely...
  • NYTimes Reporter: Obama ‘Greatest Enemy To Press Freedom In A Generation’

    08/17/2014 11:10:47 AM PDT · by lbryce · 40 replies
    Daily Caller ^ | August 17, 2014 | Jamie Weinstein
    President Barack Obama is no friend of press freedom, says a New York Times reporter who may be sent to jail for refusing to reveal a source. “A lot of people still think this is some kind of game or signal or spin,” reporter James Risen told his own paper in a profile about his plight published Saturday. “They don’t want to believe that Obama wants to crack down on the press and whistle-blowers. But he does. He’s the greatest enemy to press freedom in a generation.” Risen’s troubles stem from the 2006 publication of his book “State of War,”...
  • Pope Makes Biggest Gesture Yet To China, Eyes Ties

    08/17/2014 5:46:48 AM PDT · by Biggirl · 5 replies
    Associated Press ^ | August 17, 2014 | Nicole Winfield
    HAEMI, South Korea (AP) -- Pope Francis made his strongest gesture yet to reach out to China on Sunday, saying he wants to improve relations and insisting that the Catholic Church isn't coming in as a "conqueror" but is rather a partner in dialogue.
  • iran Sanction Revised?

    08/16/2014 2:11:32 PM PDT · by mgist · 11 replies
    US Treasury ^ | 7-19-2016 | Valerie Jarret?
    On July 19, 2014, the P5+1 (the United States, United Kingdom, Germany, France, Russia, and China, coordinated by EU High Representative Catherine Ashton) and Iran affirmed that they will continue to implement the commitments described in the Joint Plan of Action (JPOA) and the U.S. government has extended through November 24, 2014, the sanctions relief provided for in the JPOA. This extended relief comes into effect on July 21, 2014. The following documents are key components of the implementation of the JPOA as extended. Guidance Relating to the Provision Of Certain Temporary Sanctions Relief in Order to Implement the Joint...
  • Trampling on Coal Country Families

    08/16/2014 11:50:09 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | August 16, 2014 | Paul Driessen
    Between 1989 and 2010, Congress rejected nearly 700 cap-tax-and-trade and similar bills that their proponents claimed would control Earth’s perpetually fickle climate and weather. So even as real world crises erupt, President Obama is using executive fiats and regulations to impose his anti-hydrocarbon agenda, slash America’s fossil fuel use, bankrupt coal and utility companies, make electricity prices skyrocket, and “fundamentally transform” our economic, social, legal and constitutional system. Citing climate concerns, he has refused to permit construction of the Keystone XL pipeline, and blocked or delayed Alaskan, western state and offshore oil and gas leasing and drilling. He’s proud that...
  • China Faces Credit Crunch as Lending Falls 86%

    08/16/2014 3:24:36 PM PDT · by SeekAndFind · 17 replies
    American Thinker ^ | 08/16/2014 | By Chriss Street
    China's National Bureau of Statistics revealed data on August 13th that the nation’s credit plunged by a dramatic and wildly unexpected 86% plunge in July, down to the slowest pace since the 2008 bankruptcy of Lehman Brothers and the start of the global financial crisis. With a collapsing housing sector and falling exports, China now faces a brutal credit crunch.  The collapse in Chinese credit from $320 billion in June to $44.3 billion in July is causing panic across the nation as anecdotal stories from local officials indicate the credit contraction is being “policy-driven”. This would mean that the Chinese...
  • Does George Soros Know Something We Don’t About The S&P 500?

    08/16/2014 6:18:24 AM PDT · by blam · 20 replies
    Mrket Watch ^ | 8-16-2014 | Barbara Kollmeyer
    August 15, 2014 By Barbara Kollmeyer Oh, goody. It’s 13F time, when mere mortals like us get to see how the big boys rolled the dice in the last quarter. Among the highlights, Soros Fund Management increased a bear-call bet on the S&P 500 in a huge way. The fund lifted a put position — a bet the market will go lower — on the S&P 500 ETF SPY to its biggest size yet, in terms of value and portfolio percentage, making a 605% leap over the previous quarter. Bullion Baron, who has long kept a beady eye on Soros’s...
  • Sierra Leone News: Ebola: Bintumani reduce staff

    08/15/2014 9:16:55 AM PDT · by Covenantor · 6 replies
    Awoko ^ | Aug 15, 2014 | staff writers
    As a result of the present EBOLA crisis in the country, the front office staff at the Bintumani Hotel, Aberdeen in the west of Freetown has confirmed to Awoko, that the virus spread has negatively affected their business operations. According to them, the hotel usually receives over a hundred residential guests during peak periods, and several hundreds who visit on a daily basis. Presently they informed this medium that the hotel has less than twenty residential guests, including the Chinese Centre for Disease Control (CDC) team who are presently in town, to train medical personnel on the proper use of...
  • Top US Military Officer in Vietnam for Historic Talks

    08/14/2014 12:40:01 PM PDT · by Enlightened1 · 15 replies
    The United States’ top military officer is in Vietnam for historic talks with Communist Party officials, as part of the latest effort to expand defense ties between the two former foes. General Martin Dempsey, the chairman of the Joint Chiefs of Staff, meets Thursday in Hanoi with Prime Minister Nguyen Tan Dung and Defense Minister Phung Quang Thanh. Before entering a closed-door meeting, Dempsey told reporters the visit is “one of the highlights” of his career. It is the first time since 1971 a chairman of the Joint Chiefs of Staff has visited Vietnam. Vietnam’s defense ministry said the talks...
  • China To Send Orbiter To The Moon As U.S. Watches

    08/13/2014 9:59:33 AM PDT · by raptor22 · 34 replies
    Investor's Business Daily ^ | August 13, 2014 | IBD EDITORIALS
    Leadership: As our space program, once an example of American exceptionalism, now sits mainly in museums, Beijing's ambitious program takes another leap forward toward an eventual return of man to the moon. As the world unravels, efforts to leave it don't seem very newsworthy, and efforts by our strategic rivals to do what we did decades before seem redundant and almost irrelevant to more immediate concerns. Yet China's space program does matter, as it's part of that country's dream of world leadership and, yes, domination. It represents a commitment to world leadership that we have lost under this administration. Beijing...
  • China Appears Ready to Dump Its U.S. Treasury Bonds

    08/13/2014 2:31:29 AM PDT · by Sir Napsalot · 44 replies
    Breibart - Big Government ^ | 8-12-2014 | Chriss W. Street
    Although investors hang on every comment by Federal Reserve Chairwoman Janet Yellen to get insight on the direction of interest rates and what it means for the economy and asset prices, the real power to determine U.S. interest rates may be in the hands of China, according to Lombard Street Research. Facing an overvalued currency that is hurting corporate profits and slowing growth, China appears ready to dump its $1.3 trillion in U.S. Treasury bonds to drive U.S. interest rates up and strengthen the dollar... (snip) China tried to slow the fall of the dollar by increasing its holdings in...
  • The Z-18F, China's new anti-submarine weapon

    08/12/2014 9:58:43 PM PDT · by sukhoi-30mki · 9 replies
    Want China Times ^ | 2014-08-13
    To strengthen the anti-submarine capability of the People's Liberation Army Navy, Z-18F helicopters will likely serve on the Liaoning, the nation's first aircraft carrier and the Type 071 Yuzhao-class amphibious transport docks according to a report by Hangzhou-based Qianjiang Evening News published Aug. 12. The paper cited a Chinese military website which stated that the Z-18F is likely a modified version of the Z-8F helicopter designed based on the French-built SA 321 Super Frelon. By looking at photos posted online, Li Xiaojian, a Chinese military expert told the paper that the Z-18F is probably equipped with four eight-tube sonobuoy launchers,...
  • WTO Upholds ‘Rare Earth’ Ruling Against China

    08/12/2014 7:33:16 AM PDT · by Olog-hai · 26 replies
    Associated Press ^ | Aug. 8, 2014 12:50 AM EDT
    The World Trade Organization has upheld a ruling that China violated trade rules with restrictions on the export of “rare earths,” the minerals used in mobile phones, hybrid cars and other high-tech products. […] China has about one-third of global deposits of rare earths but accounts for more than 90 percent of production. In 2009, it alarmed foreign companies by limiting rare earth exports in an attempt to boost its domestic manufacturing base. …