China sounds alarm on global economy at APEC summit

China sounds alarm on global economy at APEC summit


China sounds alarm on global economy at APEC summit

Posted: 07 Sep 2012 10:47 PM PDT

VLADIVOSTOK, Russia (Reuters) - China sounded the alarm about the state of the global economy on Saturday and urged countries gathering at an Asia-Pacific summit to protect themselves by forging deeper regional economic ties.


VIDEO: Woman 'hits Renoir jackpot'

Posted: 07 Sep 2012 09:48 PM PDT

A woman in Virginia, US, may have hit the jackpot after discovering what is thought to be an original Renoir painting at a flea market for $50 (£31).


Clinton sees Congress moving on Russia trade measure

Posted: 07 Sep 2012 09:33 PM PDT

U.S. Secretary of State Clinton speaks during the Asian-Pacific Economic Cooperation CEO Summit in VladivostokVLADIVOSTOK, Russia (Reuters) - The U.S. Congress may move this month to upgrade trade relations with Russia, a key part of the Obama administration's effort to bolster sometimes strained ties with Moscow and open the Russian market to more U.S. companies, Secretary of State Hillary Clinton said on Saturday. Clinton, addressing the Asia Pacific Economic Forum (APEC) meeting in Vladivostok, said the Obama administration was working closely with Congress on lifting the 1974 Jackson-Vanik amendment, Cold War-era legislation which has blocked normal trade privileges for Russia. ...



VIDEO: Woman 'hits Renoir jackpot'

Posted: 07 Sep 2012 09:48 PM PDT

A woman in Virginia, US, may have hit the jackpot after discovering what is thought to be an original Renoir painting at a flea market for $50 (£31).


VIDEO: Obama Romney clash over US economy

Posted: 07 Sep 2012 08:33 PM PDT

President Obama and his Republican rival Mitt Romney have clashed over the US economy after the release of disappointing employment figures.


Clinton sees Congress moving on Russia trade measure

Posted: 07 Sep 2012 09:39 PM PDT

VLADIVOSTOK, Russia (Reuters) - The U.S. Congress may move this month to upgrade trade relations with Russia, a key part of the Obama administration's effort to bolster sometimes strained ties with Moscow and open the Russian market to more U.S. companies, Secretary of State Hillary Clinton said on Saturday.


Landslides, floods kill 29 in Vietnam: media

Posted: 07 Sep 2012 08:42 PM PDT

HANOI (Reuters) - Landslides and floods in Vietnam have killed at least 29 people in recent days as heavy rain soaks northern and central areas, state media and the government said on Saturday. More rain was forecast to strike the flood-hit Nghe An province and authorities were getting people out of dangerous areas, the government said. In one incident, 16 people were killed in landslides while they were going to tin mine on Friday in the mountainous northern province of Yen Bai. Another person died in hospital, the Defence Ministry-run People's Army newspaper said. ...


Landslides, floods kill 29 in Vietnam: media

Posted: 07 Sep 2012 08:42 PM PDT

HANOI (Reuters) - Landslides and floods in Vietnam have killed at least 29 people in recent days as heavy rain soaks northern and central areas, state media and the government said on Saturday.


China Push Haunts Hong Kong Vote

Posted: 07 Sep 2012 08:56 PM PDT

Tensions are flaring in the Chinese territory over a government push to introduce pro-China patriotism classes in the city's schools, just as Hong Kong is preparing to take its next step toward full democracy.


Myanmar Passes Foreign-Investment Law

Posted: 07 Sep 2012 08:19 PM PDT

Myanmar's Parliament passed a long-anticipated law that lays the ground rules for global companies planning to move into the country's long-restricted market—legislation that dropped several provision that would have deterred foreign investment but still fell short of what many businesses had hoped to see.


Beijing Plans Infrastructure Binge

Posted: 07 Sep 2012 08:18 PM PDT

China has approved an estimated $156 billion in new infrastructure projects in recent days, giving markets a boost, even as economists are fretting that the country is behind the curve in responding to the economic slowdown.


Petrobras Seeks Partner for Deep-Water Gulf Drilling

Posted: 07 Sep 2012 08:29 PM PDT

Petrobras is seeking a joint-venture partner to invest as much as $4 billion into the company's deep-water drilling operations in the U.S. Gulf of Mexico.


Rescuers focus on remote areas as China quake toll at 80

Posted: 07 Sep 2012 08:24 PM PDT

SHANGHAI (Reuters) - Rescuers in southwestern China tried on Saturday to reach remote communities rocked by back-to-back earthquakes that killed at least 80 people and damaged tens of thousands of buildings, the official Xinhua news agency said. Friday's shallow 5.6 magnitude quakes struck an impoverished, mountainous part of the country with poor infrastructure and telecommunications and the death toll could rise as news trickles out of cut-off areas, it said. Most of the victims were from Yiliang county in Yunnan province, near the epicenter. ...


Rescuers focus on remote areas as China quake toll at 80

Posted: 07 Sep 2012 08:24 PM PDT

SHANGHAI (Reuters) - Rescuers in southwestern China tried on Saturday to reach remote communities rocked by back-to-back earthquakes that killed at least 80 people and damaged tens of thousands of buildings, the official Xinhua news agency said.


EU leaders back plan to lower eurozone debt

Posted: 07 Sep 2012 08:35 PM PDT

European Central Bank to allow unlimited bond-buying to help member countries hit by crippling borrowing costs.


A Woman's 'Untreatable' TB Echoes Globally

Posted: 07 Sep 2012 09:38 PM PDT

This year, Rahima Sheikh became one of India's first documented cases of "untreatable" tuberculosis. Her journey exposes a blind spot in an Indian medical bureaucracy that neglected to implement widespread treatment.


Massive Mining Deal on Rocks

Posted: 07 Sep 2012 05:10 PM PDT

The biggest corporate deal of the year turned into a power play after Glencore sweetened its offer for Xstrata to salvage the tie-up.


Geography Strikes Back

Posted: 07 Sep 2012 08:28 PM PDT

To understand today's global conflicts, forget economics and technology and take a hard look at a map, writes Robert D. Kaplan.


Chaos in Indian parliament; PM bemoans state of democracy

Posted: 07 Sep 2012 06:06 PM PDT

(Reuters) - India's parliament passed just four bills in a month-long session that ended on Friday, prompting Prime Minister Manmohan Singh to question the state of democracy in the Asian power struggling with an economic crisis. Parliament in the country often dubbed the world's largest democracy had been due to debate 30 bills in the sitting known as the monsoon session. ...


Mexico detains man accused in "Fast and Furious" gun-running killing

Posted: 07 Sep 2012 08:30 PM PDT

MEXICO CITY (Reuters) - Mexican police detained a man accused of fatally shooting a U.S. Border Patrol agent almost two years ago in Arizona in a botched U.S. operation to track guns smuggled across the border, the government said Friday. Federal police detained Jesus Leonel Sanchez Meza on Thursday in Sonora state, which borders Arizona, where agent Brian Terry was shot dead in December 2010, the Public Security Ministry said. The Mexican Attorney General's Office plans to extradite Sanchez Meza to the United States, the ministry said in a statement. ...