Obama at G-8: Full recovery ‘still a ways off’

President Obama said Friday that leaders of the industrialized nations have agreed to continue fueling economic growth while strengthening regulatory measures but they also realize that full recovery is "still a ways off." Obama listed some of the achievements of the Group of Eight summit this week in Italy as the conference neared the end, and he stressed the need for collective action. In addition, the G8 nations agreed to stop the spread of nuclear weapons, set goals for reducing carbon monoxide emissions and invest $20 billion in food security

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China cites ‘conclusive evidence’ in Rio Tinto case

China has "conclusive evidence" that four employees of the world’s second-largest mining company were stealing Chinese state secrets, the country’s foreign ministry said. Four employees of Rio Tinto — one Australian and three Chinese — have been arrested on suspicion of espionage and stealing state secrets. Australian Stern Hu is the general manager of Rio Tinto’s Shanghai office, where all the employees work.

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China arrests Rio Tinto staff on spy charges

Four employees of the Shanghai office of Australia’s Rio Tinto, the world’s second-largest mining company, have been arrested over allegedly stealing China’s state secrets, the Shanghai state security authority said Thursday, according to Xinhua. An Australian, identified by the Australian government as Stern Hu, had been held along with three Chinese co-workers since Sunday, Foreign Minister Stephen Smith said

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Reporter’s notebook: Boiling emotions in China

Han Chinese protesters were out in the streets, not far from our hotel near the People’s Square, on Tuesday. A lot of the Han Chinese own shops in the area and there are some hospitals in the vicinity. When we saw the protesters marching in the streets, we simply followed them.

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Study: A Fairer Way to Cut Global CO2 Emissions

At the end of the year, governments from around the world will meet in Copenhagen hopefully to hammer out a new treaty — the successor to the Kyoto Protocol, which expires in 2012 — to reduce global greenhouse-gas emissions. Their lack of time aside, diplomats face a very large, very immovable hurdle on the way to a new Kyoto. Developed countries like the U.S., which refused to ratify the original treaty, are responsible for most of the CO2 in the atmosphere — and more than a century of industrialization has helped make them rich — which would indicate that they should shoulder the lion’s share of future emissions reductions.

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