Thursday, December 12, 2013
South Africans who jeered their president at freedom icon Nelson Mandela's memorial service spoke of their disillusion at the failure of 20 years of democracy to yield a better life for all.
Sudanese President Omar Hassan al-Bashir's appointment of an old military ally as his deputy may shield one of Africa's longest-serving rulers from risks at home and abroad.
Many of the world's leading tech companies call Ireland home, providing a boost for the cash-strapped nation but huge employment opportunities are being missed as Ireland marks the end of its bailout on Sunday.
“The measure of the restoration lies in the extent to which we apply social values more noble than mere monetary profit,” said U.S. President Franklin Roosevelt to his countrypeople as he assumed leadership amidst the depths of economic turmoil in the 1930s. These timeless words have equal value and meaning today in the wake of recent food safety scandals in Taiwan.
Wednesday, December 11, 2013
British Prime Minister David Cameron was feted by China's leaders during his three-day trip to the country but much of his diet consisted of humble pie, which he manfully swallowed, pointing to “a visit that has delivered almost 6 billion pounds worth of deals” (about US$9 billion), including one to export pig semen to raise the quality of Chinese pork.
The huge show of strength on Bangkok's streets Monday by anti-government demonstrators determined to eradicate the hated “Thaksin regime” is a stark sign that elections may not end Thailand's bitter political conflict, experts say.
Chinese speculators have seen Bitcoin values plunge, soar and plunge again within days, but say the virtual currency's extreme volatility is a profit opportunity despite the white-knuckle ride.
Joe Biden is not the first emissary American officials automatically think of dispatching to handle sensitive international missions: the United States Vice President is famous for his gaffes and slips of the tongue. Still, apart from a brief goofy moment when he referred to the Japanese prime minister as “Mr. President,” Biden acquitted himself well during his latest trip to Asia. He was careful not to indulge in China-bashing.
Tuesday, December 10, 2013
A minimalist U.S. budget deal that congressional negotiators hope to reach in coming days will do almost nothing to tame rising federal debt, but it could usher in a nearly two-year fiscal truce, minimizing the risk of future funding crises and government shutdowns.
Call it the Brussels Consensus. A system of beliefs rooted in European Union treaties helps explain the growing gulf between policy elites and ordinary citizens that may cause a political earthquake in European Parliament elections next May.