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Google Chairman Urges N.Korea on Internet Freedom

Posted January 10th, 2013 at 2:30 am (UTC-5)
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Google executive chairman Eric Schmidt, who wrapped up a private trip to North Korea on Thursday, is urging the reclusive communist state to allow more of its citizens to use the Internet. Speaking to reporters at the Beijing airport, Schmidt said he used the trip to warn North Korea that it risks staying behind economically […]

Tags: , , , , Posted in East Asia Pacific

11 Killed in Kenyan Reprisal Attack

Posted January 10th, 2013 at 2:15 am (UTC-5)
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At least 11 people have been killed in a fresh attack in Kenya’s Tana River region, where months of tribal unrest has resulted in intermittent fighting. Authorities say Thursday’s attack on the Pokomo community in Kibisu was a retaliatory act that also injured several people. It comes a day after Pokomo raiders attacked an Orma […]

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Google Chairman Urges N.Korea on Internet Freedom

Posted January 10th, 2013 at 2:00 am (UTC-5)
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Google executive chairman Eric Schmidt, who wrapped up a private trip to North Korea on Thursday, is urging the reclusive communist state to allow more of its citizens to use the Internet. Speaking to reporters at the Beijing airport, Schmidt said he used the trip to tell North Korean officials their country would have difficulty […]

Tags: , Posted in East Asia Pacific

China’s December Trade Figures Stronger Than Expected

Posted January 10th, 2013 at 1:10 am (UTC-5)
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China posted stronger than expected trade figures for December, in a further sign that the world’s second-largest economy continues to recover from its worst slowdown in years. Official data released Thursday showed export growth more than quadrupled from the previous month to 14.1 percent. December imports increased 6 percent after after failing to grow at […]

Tags: , Posted in East Asia Pacific

Following Strike over Censorship, China Newspaper Publishes Weekly Edition

Posted January 10th, 2013 at 12:05 am (UTC-5)
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A Chinese newspaper where journalists had gone on strike to protest government censorship has published its weekly issue as scheduled, but is urging Beijing to reform its media control policies. The Guangzhou-based Southern Weekly was available in several parts of the country Thursday, following reports that a tentative deal had been reached between Communist Party […]

US Weekly Oil Production Hits 7 Million Barrels a Day

Posted January 9th, 2013 at 6:35 pm (UTC-5)
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The U.S. Department of Energy says U.S. oil production for the week ending January 4 exceeded 7 million barrels a day for the first time in two decades. The report, released Wednesday, said the weekly average output is a 1.16 million barrel increase from the same week last year. The jump is attributed to improved […]

Tags: , , , Posted in Economy

US Weekly Oil Production Hits 7 Million Barrels a Day

Posted January 9th, 2013 at 6:00 pm (UTC-5)
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The U.S. Department of Energy says U.S. oil production for the week ending January 4 exceeded 7 million barrels a day for the first time in two decades. The report, released Wednesday, said the weekly average output is a 1.16 million barrel increase from the same week last year. The jump is attributed to improved […]

Tags: , , Posted in Economy

Dutch Group Searching for Human Settlers for Mars

Posted January 9th, 2013 at 5:35 pm (UTC-5)
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In the early years of manned space flight, having the “right stuff” meant being brave enough to fly the first rocket-propelled planes. Today, it means spending perhaps the rest of your life on the planet Mars. Dutch-based Mars One, which plans to set up the first human colony on Mars in 2023, has announced a […]

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Wall Street Bailout Beneficiary Rejects Suit Against Its Rescuer: US Taxpayers

Posted January 9th, 2013 at 3:40 pm (UTC-5)
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One of Wall Street’s biggest beneficiaries of a U.S. taxpayer bailout at the height of the country’s 2008 economic downturn says it will not take part in a lawsuit against the government that claimed terms of the rescue were too tough. The board of giant insurer American International Group decided Wednesday against joining a $25 […]

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For Boeing’s New Dreamliner, Glitches Aplenty

Posted January 9th, 2013 at 3:05 pm (UTC-5)
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For the third day in a row, there are new problems in the operation of the world’s latest long-range jet aircraft, Boeing’s 787 Dreamliner. Japan’s All Nippon Airways canceled a Dreamliner flight Wednesday from the western Yamaguchi prefecture to Tokyo because of a brake problem. The airline said an error message was displayed in the […]

Tags: , , , , , Posted in Economy