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
Tag Archives: china
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.
Report: One dead from quake in SW China
Report: China quake destroys 10,000 homes
Saudis say 330 convicted in terrorism trials
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
G-8 leaders have ambitious environmental goals
Reporter’s notebook: Boiling emotions in China
World leaders arrive for G-8 quake zone summit
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.