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Chinese media attack US over debt battleBeijing (AFP) July 29, 2011 Chinese media attacked the United States over its debt wrangling Friday, warning that lawmakers could depress the value of the dollar, fuel global inflation and plunge the world into another recession. The United States must raise the $14.3 trillion debt ceiling by August 2 or risk defaulting on its repayment obligations, a move that would send seismic shocks through the global economy. A default could hurt the US dollar and trigger a "torrential flood" of liquidity into the global economy, fuel ... read more |
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  Japan denies censorship over nuclear crisis Japan on Friday denied that a government project to monitor online news reports and Twitter posts about the Fukushima nuclear crisis was an attempt to censor negative information and views. ... more | .. |
  Philippines wants SE Asian unity on sea row The Philippines said Friday it would seek regional backing for a plan on pursuing joint development of disputed areas in the South China Sea amid China's increasingly robust assertions of its claims. ... more | .. |
 South Sudan and 'exorbitant' pipeline fees Less than a month after gaining independence, South Sudan is contesting oil export pipeline fees imposed by its northern neighbor Sudan. ... more | .. |
 Hong Kong to restrict foreign homebuyers from 2013 US judge OKs partial settlement in e-book case Nordic-Baltic states seek more cooperation Outside View: Jobs outlook grim Empire-style computers? Frenchman takes PCs to lap of luxury Google-Microsoft field smartphones to take on iPhone 5 EU businesses urge China's new leaders to speed reforms |
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  S. Korean firm joins Chinese solar project South Korea's SK Group, country's top oil refiner, has had its SK Innovation Co. sign an agreement with both Chinese and Taiwanese energy firms to cooperate in the development of a solar energy storage system. ... more | .. |
 Japan's quake-hit electronics firms slide into red Japan's electronic giants plunged into the red in April-June after the March earthquake and tsunami hit production, as weaker sales and a strong yen pushed down profit forecasts, they said Thursday. ... more | .. |
  Argentine-U.S. ties reach new low Argentina's relations with the United States risk reaching a new low after the South American country received angry criticism from U.S. lawmakers over its style of government. ... more | .. |
Outside View: Debt-ceiling morass Cognitive dissonance - a refusal to accept objective facts that define rational behavior - is at the root of impending disaster in Washington. ... more |
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Cosmic dust particles reveal snapshot of Earth's ancient air
Spire to Provide ESA with Satellite Weather Data for European Research
Gaza seen from above: debris and darkness | .. |
 Japan's industrial output rises for third month Japan's industrial production rose for the third straight month in June as companies led by automakers continued to revive output amid an ongoing recovery of supply chains after the March 11 tsunami. ... more | .. |
  Rolls-Royce flies into profit Rolls-Royce, the British maker of aircraft engines, rebounded into profit during the first half of 2011, aided by a record order book despite defence spending cutbacks in Britain, it said on Thursday. ... more | .. |
 End of nuclear in Germany pushes Vattenfall into red Swedish power group Vatenfall on Thursday announced a 154-percent net loss in the second quarter, blaming it on Germany's decision to abandon nuclear power in the wake of the Fukushima disaster. ... more | .. |
  Pinera under fire over coal mine project Chilean President Sebastian Pinera has been spared a politically damaging campaign to discredit him, at least for now, because he owns shares in a Patagonian coal mine in southern Chile. ... more |
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 Arctic vulnerable to worst-case oil spills As more of the Arctic Ocean becomes open for shipping, the United States isn't prepared for potential disasters such as the Deepwater Horizon spill in the Gulf of Mexico, top U.S. Coast Guard and U.S. State Department officials told a Senate subcommittee Wednesday. ... more | .. |
  China's Sinohydro plans IPO China's Sinohydro Corp. intends to issue a $2.7 billion initial public offering this year. ... more | .. |
Mongolian miner signs coal deal with China firms Mongolia's state-owned mining firm Erdenes Tavan Tolgoi (ETT) said Wednesday it had agreed to supply coal to a consortium of firms from energy-hungry China for $250 million. ... more | .. |
SE Asian navies seek closer ties amid sea spat Southeast Asian naval chiefs pledged closer cooperation on Wednesday as they held their first formal talks amid regional concern over China's activities in the South China Sea. ... more |
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NASA picks Firefly Aerospace for ambitious 2029 lunar rover and instrument delivery
Team led by MDA Space to define future of Canadian lunar vehicle program
Lunar soil machine developed to build bricks using sunlight | .. |
Iraq calls on Kuwait to suspend work on megaport Baghdad called on Kuwait Wednesday to suspend work on a controversial megaport until Iraq is assured its shipping lanes will not be squeezed by the project but Kuwait said work on the project will continue. ... more | .. |
  EU adopts automaker eco-innovation credit The European Commission has officially adopted a policy of allowing auto manufacturers to gain carbon dioxide emission credits through the use of "eco-innovations." ... more | .. |
Nissan sees quarterly profit slide 20.3% after quake Japanese automaker Nissan on Wednesday said net profit in April-June fell by a better-than-expected 20.3 percent on-year due to the impact of the March disaster on production and a strong yen. ... more | .. |
Guards commander nominated for Iran oil ministry Iranian President Mahmoud Ahmadinejad on Wednesday nominated a Revolutionary Guards commander targeted by international sanctions, Rostam Qasemi, to head the strategic oil ministry, reports said. ... more |
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  Graphene's 'quantum leap' takes electronics a step closer Writing in the journal Nature Physics, the academics, who discovered the world's thinnest material at The University of Manchester in 2004, have revealed more about its electronic properties. ... more | .. |
Chinese retail giant surges 41% on debut China's top hypermarket operator Sun Art Retail group soared as much as 41 percent on its Hong Kong trading debut Wednesday, after raising $1.06 billion from its initial public offering. ... more | .. |
Embraer plans military transport jet Brazilian aircraft manufacturer Embraer plans to have its first major military cargo aircraft airborne by 2015, competing in markets currently dominated by U.S., European and Russian manufacturers. ... more | .. |
 Scientists invent 'see-through' batteries U.S. researchers say they've invented a transparent, flexible lithium-ion battery with great potential for applications in cutting-edge consumer electronics. ... more |
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Boeing X37B Spaceplane Prepares for Eighth Orbital Test Mission
Israel military intercepts Huthi missile fired from Yemen; Gaza civil defence says Israel strikes kill 30
BlackSky secures next stage of Navy contract for optical satellite link upgrades | .. |
 California dreaming: LA imagines life without cars Los Angeles is famous for its addiction to cars - whether cruising in their convertibles, or (more often) sitting in monster traffic jams on the freeway, the car is definitely king for Angelenos. ... more | .. |
 The future of Greece remains uncertain Despite a second bailout deal, the Greek debt crisis is far from over. ... more | .. |
 HK firm invests in China nuclear plant Despite the fallout from Japan's March disaster at its Fukushima nuclear power complex, China seems determined to advance its agenda to develop civilian nuclear energy. ... more | .. |
 Outside View: Heading off securities panic As congressional negotiators and U.S. President Barack Obama struggle to obtain a deal to raise the federal debt ceiling, securities markets may soon panic at the prospect of those negotiations failing. ... more |
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 BP rebounds into profit on high oil prices British energy giant BP bounced back into profit in the second quarter thanks to high oil prices and after a huge loss last year caused by costs linked to the Gulf of Mexico oil spill disaster, it said Tuesday. ... more | .. |
Agencies unite against transnational crime The Obama administration's new strategy to combat transnational organized crime gives the U.S. Treasury Department new sanctioning authority but it also stresses more joint efforts among federal agencies in dealing with the growing threat. ... more | .. |
 Nissan and China partner Dongfeng to invest $8 bln Nissan and its Chinese partner Dongfeng Motor Co. will invest 50 billion yuan ($8 billion) and launch around 30 models in China over the next five years, the Japanese auto giant said Tuesday. ... more | .. |
 Oregon critical of nuclear cleanup plan Oregon says plans to clean up the Hanford Nuclear Reservation in neighboring Washington leave too much radioactive waste at the former nuclear weapons site. ... more |
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