Tag Archives: Nbsp

“The consequences of China’s collapse will be even worse than the Soviet Union’s”

So proclaims the provocative headline of commentary from the official Xinhua news agency that spread widely on major Chinese news sites on Thursday (in Chinese) and has since become the subject of much teeth-gnashing on Chinese social media sites.

The essay, which warns that China faces poverty and misery because of the destabilizing activity of its growing population of microbloggers, hits at the heart of the ideological divide in China and suggests conservatives are growing increasingly anxious about the direction Chinese president Xi Jinping might take as he looks to reform the Communist Party.

Commentary: Dire Predictions Betray Desperation of China’s Conservatives – China Real Time Report – WSJ

It Is Happening Again: 18 Similarities Between The Last Financial Crisis And Today

If our leaders could have recognized the signs ahead of time, do you think that they could have prevented the financial crisis of 2008?  That is a very timely question, because so many of the warning signs that we saw just before and during the last financial crisis are popping up again.  Many of the things that are happening right now in the stock market, the bond market, the real estate market and in the overall economic data are eerily similar to what we witnessed back in 2008 and 2009.  It is almost as if we are being forced to watch some kind of a perverse replay of previous events, only this time our economy and our financial system are much weaker than they were the last time around.  So will we be able to handle a financial crash as bad as we experienced back in 2008?  What if it is even worse this time?  Considering the fact that we have been through this kind of thing before, you would think that our leaders would be feverishly trying to keep it from happening again and the American people would be rapidly preparing to weather the coming storm.  Sadly, none of that is happening.  It is almost as if they cannot even see the disaster that is staring them right in the face.  But without a doubt, disaster is coming. The following are 18 similarities between the last financial crisis and today…

It Is Happening Again: 18 Similarities Between The Last Financial Crisis And Today

Is Saudi Arabia Targeting Hezbollah? – Al-Monitor: the Pulse of the Middle East

Hezbollah and Lebanese security officials’ fears have become reality during the past two weeks. The explosion that targeted the heart of Hezbollah’s most secure neighborhood and the bomb ambush of one of the party’s convoys along Chatoura Road leading to the Syrian border on July 16 embodied what had until recently been mere conjecture: the start of an open war against Hezbollah in Lebanon, with the aim of punishing the party for its involvement in the battle against the Syrian opposition in Qusair. Behind the scenes, it seems Hezbollah is hinting at Saudi Arabian involvement in these attacks, specifically accusing the director-general of Saudi intelligence, Bandar bin Sultan, who Hezbollah considers responsible for funding and conducting these attacks.

Is Saudi Arabia Targeting Hezbollah? – Al-Monitor: the Pulse of the Middle East

Dark days for China and the Philippines | Saipan Tribune

As far as dark days go, July 24, 2012, is akin historically to Feb. 18, 1932, when Japan proclaimed the state of Manchukuo as the governing body for the region of Manchuria, which Japan had invaded and detached from China. 

This July 24 marks the first anniversary of China’s creation of the “Sansha City” prefecture to “oversee and administer” the one million square mile South China Sea, vesting it with the power, effective Jan. 1, 2013, “to board, seize and expel foreign ships” within its jurisdiction.

Beijing’s creation of Sansha City was preceded by a series of provocative Chinese moves against the Philippines, including the 2012 occupation of the Scarborough Shoal by 90 Chinese ships, an increased Chinese military presence at Ayungin Reef, and a Chinese general’s boastful exposition of China’s “cabbage strategy.”

Dark days for China and the Philippines | Saipan Tribune

Russian Military on Alert After Suspected Israeli Airstrike Destroys Russian Missiles in Syria | StratRisks

Tens of thousands of Russian troops have been placed on alert after a suspected Israeli airstrike destroyed advanced, Russian missiles recently delivered to Syria.

In a July 13 report from the official Russian news agency, ITAR-TASS, The Russian Defense Ministry has announced what is being described as  “the most ambitious [check alert] in the history of post-Soviet test readiness.” A check alert, according to the Defense Ministry is a mobilization for exercises designed “to test the readiness of units to perform assigned tasks, and assessment of the level of training of personnel, staffing and technical readiness units and formations with arms and military equipment.” The alert, according to the ITAR-TASS report, involves more than 80,000 troops, around a thousand tanks and armored personnel carriers, some 130 aircraft and 70 naval vessels.

This massive military alert is seen as a response to the disclosure Friday to CNN, by unnamed US officials, that the destruction of the Russian missiles in Syria was a result of Israeli airstrikes.

Russian Military on Alert After Suspected Israeli Airstrike Destroys Russian Missiles in Syria | StratRisks

Putin’s Decay | Opinion | The Moscow Times

As Internet access and Russia’s development gap grow, public opposition is likely to grow into a critical mass in the coming decade. This will force Putin into a corner from which there will be only two possible outcomes: his political demise or an ever harsher campaign of political repression. Putin had his chance to leave power with some honor and a successor who might have given him a positive legacy, but that chance may now be irrevocably lost.

Putin’s Decay | Opinion | The Moscow Times

X-47B Drone Lands On Aircraft Carrier – Business Insider

Today, off the coast of Virginia on the USS George H.W. Bush, the U.S. Navy successfully landed an X-47B drone aboard an aircraft carrier for the first time.

“It isn’t very often you get a glimpse of the future,” Secretary of the Navy Ray Mabus said in an official Navy release.

The landing of the fighter jet-sized drone, which is larger than the Predator drones common in Afghanistan, Pakistan, and Yemen, represents a watershed moment in the wielding of unmanned aerial vehicles. 

“The operational unmanned aircraft soon to be developed have the opportunity to radically change the way presence and combat power are delivered from our aircraft carriers,” Mabus added.

X-47B Drone Lands On Aircraft Carrier – Business Insider

No Good News From Russia – NYTimes.com

MOSCOW  — “So tell me some good news,” Nadya kept demanding.

Nadya is Nadezhda Tolokonnikova, the informal leader of the punk group Pussy Riot, who is serving two years in a penal colony for the crime of felony hooliganism — for a 40-second performance in Moscow’s Cathedral of Christ the Savior. Nadya is allowed one four-hour visit every two months and one three-day conjugal visit every three months, and this time I was able to tag along with her husband and daughter on one of those visits because I am working on a book about Pussy Riot.

No Good News From Russia – NYTimes.com

Rude welcome for Antony, Chinese general warns India – Hindustan Times

Making strong comments before Antony’s arrival, Major General Luo Yuan warned India that it should be careful with words and deeds. “India should be very cautious in what it does…in what it says,” Lou said, adding that India was the only country in the world that was enhancing its military prowess citing China as a threat perception.

Lou repeatedly indicated that the onus was on India to maintain peace along the border between the two neighbours.

“Particularly, the Indian side should not provoke new problems and increase military deployment at the border areas and stir up new problems,” Lou said.

Rude welcome for Antony, Chinese general warns India – Hindustan Times

Why the Ruble Is Sinking | Opinion | The Moscow Times

Here are a few reasons why leaders have decided to weaken the ruble.

During a flight some time ago, I met a small businessman from Perm who had owned a hosiery factory. He ended up closing it down, renting it out as a warehouse and moving to Europe. He said that too many visits by government inspectors ready to fine him for any little infraction — real or imagined — had made running the business unprofitable.

I also recently visited a factory with a production facility that was built using the world’s most advanced technology. As soon as construction was completed, Rostekhnadzor slapped it with 90 citations for noncompliance, including violations of regulations that were first adopted in the 1950s, along with their corresponding fines. Even state-controlled Gazpromneft has stated that the ridiculous and outdated Rostekhnadzor requirements make investments in Russian industry 30 percent more expensive than corresponding projects elsewhere. One Russian billionaire in the metallurgy business has explained that a plant costing $100 million to build in Europe would cost him $180 million in Russia.

Why the Ruble Is Sinking | Opinion | The Moscow Times