And the award for most liberal newspaper in Texas, goes too ...? The Houston Chronicle has endorsed US Rep. Sheila Jackson Lee's re-election bid to Congress.
According to the Houston Chronicle, "Sheila Jackson Lee's reputation for verbosity precedes her, but she has won respect through sheer force of effort because nobody works harder or cares more about helping Houston than she does. The congresswoman, seeking an 11th term representing District 18, is a stout defender of President Obama and has the attention of his staff, which she puts to good use."
The racial agitators of violence group, Black Panther Party, hosted a convention in Houston over the weekend.
The Houston Chronicle reports that, "One of the most notable, sometimes controversial, activist groups in the history of the United States will gather in Houston on Saturday during an event for the national alumni association of the Black Panther Party. Houston Chronicle reporter Cindy George took a stemming from its creation in the late 1960s. Bobby Seale, the co-founder and chairman of the group will address its history at the 48th reunion of the alumni association."
An alarming trend of a severe slump of money circulation in South Korea is pointing to signs of a deep recessionary economy in the nation.
The Chosun ilbo reports that, "The circulation of money has slowed considerably despite the Bank of Korea frantically printing more, raising fears of a deep recession. The Chosun Ilbo analyzed data in conjunction with the Financial Supervisory Service and LG Economic Research Institute on Tuesday and found that the Korean economy is in worse shape than the Japanese when it entered a prolonged slump in the early 1990s."
BEIJING: Boeing and a Chinese aviation corporation intend to collaborate on airplanes fueled by 'gutter oil.'
According to MarketWatch, "Boeing [NYSE: BA] and Commercial Aircraft Corp. of China (COMAC) today opened a demonstration facility that will turn waste cooking oil, commonly referred to as "gutter oil" in China, into sustainable aviation biofuel. The two companies estimate that 500 million gallons (1.8 billion liters) of biofuel could be made annually in China from used cooking oil."
CEO Rex Tillerson of Exxon Mobil has no plans to move his corporate headquarters to Houston.
The Houston Chronicle reports that, "Exxon Mobil’s CEO on Thursday dashed any hopes that the multinational oil and gas giant would relocate its headquarters to Houston, saying he plans to continue to honor the company’s “foundational” principles to keep separate its executive suites from its operations."
BEIJING: Chinese scientists are testing a new cancer-killing virus drug on monkeys.
China Radio International reports that, "A potential cancer-killing virus discovered by a group of Chinese scientists is scheduled to be tested on monkeys next week. A team led by Professor Yan Guangmei from Sun Yat-Sen University has managed to extract the virus, known as M1, from a certain kind of mosquito."