BEIJING: For Westerners, China continues to remain a land of mystery. Transparency in government does not exist here. Nevertheless, more details are emerging about the nation's overall energy strategy.
ZeroHedge reports that, "China’s engagement, investment, and foreign construction related to energy continue to grow. China has constructed or invested in energy projects in more than 50 countries, spanning nearly every continent. This ambitious investment in energy assets is driven primarily by two factors. First, China is increasingly dependent upon imported energy to sustain its economy. A net oil exporter until 1993, China remains suspicious of international energy markets. Second, energy projects present a viable option for investing China’s vast foreign currency holdings."
Is Climate Change alarmism a fraud? The Philippines, which enjoys a sub-tropical climate year-round, is dealing with frigid weather blowing into the capital city of Manila.
The Manila Times reports that, "The northeast monsoon continues to bring in cold mornings in Metro Manila and Baguio City, the country’s summer capital, according to Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA)."
Criminal hackers have stolen the personal identifications of over 20 million South Korean banking and credit card customers.
According to Channel NewsAsia, "The personal data of at least 20 million bank and credit card users in South Korea has been leaked, state regulators said Sunday, one of the country's biggest ever breaches. Many major firms in the South have seen customers' data leaked in recent years, either by hacking attacks or their own employees."
President Barack Obama loves to tell Americans he's the Green President, by imposing stricter environmental laws in his country. But did you know that Obama is negotiating a free trade deal, called Trans Pacific Partnership (TPP), which would block Asian government from implementing eco-friendly protection laws for their citizens? The TPP would ignore the sovereignty rights of Asian governments to rule themselves.
Inter Press Service reports that, "An accord that would be the largest trade agreement ever negotiated appears to be rolling back environmental safeguards that have been a key part of U.S.-led trade deals for much of the past decade."
President Barack Obama, at the request of Sen. John McCain (R.-Az.), has publicly financed Al-Qaeda to train Syrian rebels to prepare for global jihad and target the United Kingdom for future deadly attacks.
According to the Daily Telegraph of London, "British people fighting in are being trained as “jihadists” and then encouraged to return to the UK to launch attacks on home soil, an al-Qaeda defector and western security sources have told the Telegraph."
The disgraced Italian Prime Minister Silvio Berlusconi was kicked out of office for engaging in numerours sex scandals with porn stars, prostitutes and party girls. At the time, he was laeader of a center-right party. But now, he's resurrecting himself as a so-called champion of Leftism idealism.
The BBC News reports that, "Italy's controversial ex-PM Silvio Berlusconi has returned to the centre of the political stage, striking a reform deal with a centre-left rival. Berlusconi was thrown out of parliament in 2013 after a tax fraud conviction."
Los Angeles County Superviser Mark Ridley-Thomas truly enjoys his perks as a local government official. However, he may have broken the law by turning his home repairs into a government-subsidized County project. He assigned unionized contractors and construction workers to repair his mansion, while he submitted the $10,000 bill to LA County taxpayers.
The Los Angeles Times reports that, "Government employees performed work on the garage of Los Angeles County Supervisor Mark Ridley-Thomas’ private home, installing drywall, an air conditioner, appliances and a security system, according to sources familiar with the job."
BEIJING: In recent years, China's domestic luxury goods market has transformed into the main driver of growth for the industry worldwide. Nonetheless, times are a changing and the Chinese are no longer flocking to shops to purchase designer handbags and top-line cosmetics and jewelry.
According to the People's Daily, "Growth in the luxury goods market in China's mainland has slowed from seven percent in 2012 to around two percent in 2013, with expectations of similarly slow growth in 2014."
When Stalin served as leader of the USSR, he was responsible for the deaths of tens of millions of Russians. Perhaps, it should come as no surprise that his childhood hometown, Gori, Georgia, has earned notoriety for numerous creepy incidents of poltergeist.
Pravda reports that, "No one is surprised by various anomalous phenomena any more. Yet, the events that took place near the town of Gori (Georgia) surprised even seasoned researchers. Here strange characters emerge on the walls, and some otherworldly creature terrorizes not only adults but also children. Home owners believe that it is a ghost of a young lady."
When you have to identify "champions" of the global "Climate Change" community, few would say that Russians are playing a leading role. Nevertheless, Jeffrey Sachs, director of Columbia University's Earth Institute, would say otherwise. He claims Russians are standing at the forefront of the "climate stabilization" movement.
According to the Moscow Times, As a major exporter of fossil fuels, Russia may seem an unlikely candidate for global environmental champion, but macro-economic experts believe the country can play a vital role in reducing carbon emissions and the impact of climate change."