Independence day marred by economic gloom
Independence day marred by economic gloom
Is Brazil’s booming economy starting to overheat?
A 26 minute film showing the UAE from above. Includes stunning footage of the largest continuous sand desert on earth, the Empty Quarter, the rugged peaks of the Northern Emirates, exquisite offshore islands, and every major city in the country. This is a view of the Emirates that few have enjoyed and one that you will be sure to want to share with friends and colleagues.
A knowledge economy operating at the frontiers of technology is incompatible with a one-party state
‘If nobody can be safe, do we want this speed? Can we live in
apartments that do not fall down? Can the roads we drive on in our
cities not collapse? Can we travel in safe trains? And if there is a major accident can we not be in a hurry to bury the trains? Can we afford the people a basic sense of security?”
When a news anchor on China‘s
state TV feels he can say that on a broadcaster which has become the
world gold standard for censorship and propaganda, you know that
something profound is afoot. But it is not just the crash last weekend
outside Wenzhou, involving two high speed trains that cost 39 lives and some 190 injured, that
has appalled the country. It has been the Communist party’s attempt
once again to try to close down the whole affair that has aroused
More evidence, as if we needed it, that the U.S. economy is in sad shape. America’s gross domestic product grew just 1.3 percent in the second quarter, according to the Commerce Department. And first-quarter growth was revised down to just 0.4 percent. This is now the weakest two-year recovery since World War II.
More importantly, it means we’re in the danger zone for another recession. Research from the Federal Reserve finds that that since 1947, when two-quarter annualized real GDP growth falls below 2 percent, recession follows within a year 48 percent of the time. (And when year-over-year real GDP growth falls below 2 percent, recession follows within a year 70 percent of the time.
The representative, a former fighter pilot named Rick Womick, said he had been studying the Koran. He declared that Shariah, the Islamic code that guides Muslim beliefs and actions, is not just an expression of faith but a political and legal system that seeks world domination. “Folks,” Mr. Womick, 53, said with a sudden pause, “this is not what I call ‘Do unto others what you’d have them do unto you.’ ”
Similar warnings are being issued across the country as Republican presidential candidates, elected officials and activists mobilize against what they describe as the menace of Islamic law in the United States.
According to the information I just obtained, a nuclear submarine of the Chinese Navy had an accident in the port of Dalian on July 29, and there is a leak of radiation. The area is strictly closed off by the Chinese military, and the situation is said to be very dangerous.
Currently this accident has not been confirmed. Let’s watch the news for a few days to see if we can get additional information.
In particular, the fact of deepening economic ties is no strong guarantee of peaceful relations in the future. As Wolfowitz alluded to in the interview with the Global Perspectives Office, trade between the major European powers before World War II was far more extensive as a proportion of GDP than contemporary trade between China, other Asian states and the US. By 1913, Britain had become the leading market for German exports. The mingling of cultures and people-to-people links between these European countries was more mature than that between China and the region today.
Then there are the suspected flaws in any enterprise to shape and tame Chinese ambitions from the outside. After all, such an enterprise assumes an inherent passivity about a government ruling over a civilisation that has been the dominant power in Asia for all but 200 of the past 2000 years — something the Chinese Communist Party is continually repeating to its people and the world. As an authoritarian outsider in a US-led order with democratic community as one of its pillars, it is questionable whether Beijing’s forbearance of American (and allied) strategic and military dominance in the region will be permanent. Indeed, there is a strong case to be made that China already views the US as a strategic competitor.
… At this point the nuclear ambitions of Iran’s dictatorial regime have become clear: they want a bomb. The regime continues to enrich large amounts of uranium to 20%, far beyond the amount needed for nuclear power and about 90% of the way to nuclear-grade fuel. Just recently Iran began to move nuclear enrichment facilities to deep underground bunkers to avoid the possibility of outside intervention. Finally, it has been often reported that Iran is conducting research on a neutron initiator using uranium deuteride (UD3), the only purpose of which is to trigger a nuclear reaction in a warhead. With Iran’s president — and I use that term loosely — being described by American diplomats as “unbalanced” and “crazy,” this threat can no longer be ignored.
Watchdog Finds Evidence That Iran Worked on Nuclear Triggers
The world’s global nuclear inspection agency, frustrated by Iran’s refusal to answer questions, revealed for the first time on Tuesday that it possesses evidence that Tehran has conducted work on a highly sophisticated nuclear triggering technology that experts said could be used for only one purpose: setting off a nuclear weapon.
Iran ‘conducting secret nuclear tests’
IRAN has carried out secret tests of nuclear-capable missiles, British foreign secretary William Hague says.
Iran is conducting 10 days of war games, which included the public testing of a new, medium-range missile which a Revolutionary Guards commander warned was capable of hitting US bases in Afghanistan and other military assets in the Middle East.