President Barack Obama shocked crowds in Myanmar after he mispronounced the name of Aung San Suu Kyi, a Nobel Peace Prize winner, on numerous occasions.
The Daily Telegraph of London reports that, "it is only two weeks since his re-election, and his second term remains two months away, but Barack Obama is already blundering again on the world stage, with the kind of gaffes that would have been plastered on the front page of The New York Times if they had been committed by George W. Bush when he was in the White House. Obama's first term was littered with foreign policy gaffes, and there is every chance the second term will be more of the same."
On Monday, Moody's Investors Service downgraded France, slashing its AAA credit rating amidst concerns over its prospects of economic growth and its exposure to the EU financial crisis.
US energy workers who have been Obamasized (laid off after President Barack Obama’s re-election on Nov. 6) can head north of the border for lucrative jobs.
The Houston Chronicle reports that, "here in the western province of Alberta, energy companies are racing to tap the region's vast deposits of oil sands. Canada is looking to double production by the end of the decade. To do so it will have to lure more workers – tens of thousands of them – to this cold and sparsely populated place. The weak U.S. recovery is giving them a big assist."
Singapore holds a remarkable reputation as a stable, peaceful and affluent city-state. Its business-friendly government policies have sparked rapid economic growth for the past few decades that has attracted foreign investors from all over the globe.
The city-state has enjoyed much success as a trading port city, good market for exporting companies, strong banking sector and a bustling Singapore Stock Exchange. Accordingly, many Chinese business people seek to diversify their overseas investments by pouring more cash into Singapore.
The aviation giants - US-based Boeing and French-based Airbus - have held dominant positions as aircraft manufacturers worldwide. Their supremacy seems indestructible and smaller rivals face insurmountable odds to grab a larger market share. Nevertheless, Chinese companies have raised their stakes to compete in the sector.
Gov. Chris Christie of New Jersey assigned an appointee to select four radical Islamists for an advisory panel intended to upgrade relations between the government an the state's small but rising Muslim community, as disclosed by RadicalIslam.org.
BEIJING: Chinese gold consumers have become key players for global demand of the precious metal. Buying gold has risen dramatically in China and India. Nevertheless, major trading floors for gold contracts are located in New York and London, but not in Shanghai. China's financial capital city hopes to upgrade its gold exchange for higher trading volumes and welcome more foreign investors.
An Israeli air strike in Gaza killed the Hamas military chief. Hamas claims that the Israeli air strike, which killed Ahmed Jabari, the chief of its military wing, "has opened the gates of hell."
As President Barack Obama is showing more signs that he’s turning into a Nixon-style President, Asian stock markets are trading significantly lower. Meanwhile massive Obamasizing (layoffs) continues to spread across the US.
U.S. Ambassador to the United Nations Susan Rice is facing opposition from Senate Republicans in her potential bid to replace Secretary of State Hillary Clinton. Perhaps it's because Ms. Rice hopes to enforce strict population control measures on a global scale.