When China launches ambitious projects to conquer nature and astound the world, people always get in the way.
Sometimes it’s a few dozen people; often it’s thousands or even millions.
In the country’s headlong drive toward development, moving large numbers of people quickly and often painfully goes hand in hand with building the world’s biggest [...]
But more worrying is how the statistics are set to unfold in the future: China’s elderly demographic will surpass 200 million in just three years, and top 300 million by 2025. By 2042, more than 30% of China’s total population will be over 60.
The warning comes after Fitch revised its outlook on China’s local currency debt from “stable” to “negative” in April this year.
There have been growing concerns of bad loans in China after the nation’s banks lent record sums of money in the last two years.
Andrew Colquhoun, head of Asia-Pacific Sovereigns at Fitch Ratings was [...]
Why the global economic crash, the rise of the Tea Party, the Arab Spring, and China’s coming fall are all connected.
The clamor of economic and political events this year — including the Arab Spring, the intensification of the Western economic crisis, the rise of the Tea Party, and the growing ascendancy of China [...]
She is perhaps Hitler´s best known victim, but what was Anne Frank really like?
The consequences of such frenetic construction are already clear. First, China is in water disputes with almost all its neighbours, from Russia and India to weak client-states such as North Korea and Burma. Second, its new focus on water mega-projects in the homelands of ethnic minorities has triggered tensions over displacement and submergence at a [...]
This young family is trying to be completely off the grid by 2012, the year they believe the end of the world will come.
In an interview
with the Islamic Republic News Agency (IRNA) published August 30, head
of Iran’s Atomic Energy Organization (AEOI), Fereydoun Abbasi-Davani,
announced that Iran would never halt its domestic production of 20
percent enriched uranium. Agence France Presse
Currently, Russia is threatening an arms race with NATO (US) over a European missile defense system. Russia claims it is a threat to their nuclear arsenal. Experts agree that it is not a threat to the Russian nuclear arsenal, but it could be at some future date.
What if Russia does not have the capacity [...]
A plunge in recent economic data puts the probability of a double-dip recession [cnbc explains] above 80 percent, according to modeling by Bank of America Merrill Lynch released Wednesday, reflecting the toll the U.S. debt downgrade, Europe’s woes and stock market volatility has taken on economic activity.