Daily News Channel
A British court Wednesday told a business financier he would still have to pay a $13.6 million divorce settlement despite losing a fortune in the credit crunch. It’s April Fools’ Day — when media outlets around the world take a break from the serious business of delivering news and play fast and furious with the facts
North Korea, formally called the Democratic People’s Republic of Korea, is also known as the Hermit Kingdom for a good reason. For decades, it has been shrouded by a veil of secrecy that has prevented us from better understanding this important nation. As journalists we seek out the realities of life there, beyond the myths and hype, but that is difficult because the DPRK is generally inaccessible to journalists
Cloaked in a traditional flowing red and saffron Tibetan robe the Dalai Lama took a deep breath as he began to express his gratitude to the country that took him in as a refugee 50 years ago. “I think in this country (there are) many other refugees,” the Dalai Lama reflected, sitting cross legged
Analysts in China are dismissing claims that nearly 1,300 computers in more than 100 countries have been attacked, and have become part of a cyber-espionage network apparently based in China. “This is purely another political issue that the West is trying to exaggerate,” Song Xiaojun, a Beijing-based strategy and military analyst, told the state-run news agency, Xinhua.
China’s military is developing longer-range ballistic and anti-ship missiles that are "shifting the balance of power in the region" and could help Beijing secure resources or settle territorial disputes, a report released by the Pentagon said Wednesday. China also continues to build up short-range missiles and increase its “coercive capabilities” against Taiwan.
Strontium sulfide, a material that can emit corrosive gases in moist air, was found at trace levels in testing of Chinese-made drywall, the Florida Department of Health said. The drywall samples gave off a sulfurous odor when heated, and in at least one case, sulfide gases corroded copper coils in an air conditioner of a Florida home containing Chinese drywall, said the department, which commissioned the study.
China has blocked the popular video-sharing Web site YouTube but did not offer a reason for the ban. Google, which owns YouTube, said it began noticing a decline in traffic from China about noon Monday.
Nobody ought to have been surprised that South Africa chose to heed China’s concerns and deny a visa to the Dalai Lama — not because of the South African government’s poor record of responding to human-rights crises in its own neighborhood, but because of China’s growing diplomatic influence and assertiveness thanks to its status as the great hope of an ailing world economy.
An international peace conference in Johannesburg has been postponed after South Africa refused the Dalai Lama a visa to attend the event. Announcing the postponement at a news conference Tuesday, Irvin Khosa, chairman of the South African football league, did not offer an explanation for the delay.
China, holder of nearly $1 trillion in U.S. debt, will keep buying Treasuries, but will keep a close eye on their value just the same, a Chinese government official said