The U.S. House of Representatives has overwhelmingly approved $9.7 billion in flood insurance aid for victims of superstorm Sandy that wreaked havoc along the East Coast. The 435-member lower chamber of Congress passed the legislation Friday 354-67 after receiving harsh criticism from lawmakers in storm-ravaged states for ending a previous session with no vote on […]
US Lawmakers Approve Aid for Storm Victims
Posted January 5th, 2013 at 2:50 am (UTC-5)
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China Unveils New Leaders, With Xi at Head
Posted November 15th, 2012 at 12:00 am (UTC-5)
China unveiled a new senior leadership lineup on Thursday, with Vice President Xi Jinping emerging as head of the country’s Communist Party for the next decade. The Politburo Standing Committee, China’s most powerful decision-making body, walked onto a stage at Beijing’s Great Hall of the People on Thursday. Besides Mr. Xi, the leaders include Vice […]
China to Reveal New Senior Leaders to Assist Next President
Posted November 14th, 2012 at 1:50 pm (UTC-5)
China is preparing to reveal the identities of new senior leaders who will help the country’s next president and premier to deal with major challenges such as slowing economic growth and widening public anger at government corruption. The new leaders will walk onto a platform at Beijing’s Great Hall of the People on Thursday as […]
Hu Steps Down, as China’s Leadership Transition Begins
Posted November 14th, 2012 at 7:35 am (UTC-5)
Chinese President Hu Jintao formally stepped down as head of the Communist Party on Wednesday, setting the stage for Vice President Xi Jinping to take the country’s top leadership post. Addressing the final day of the party’s week-long congress, President Hu told delegates at Beijing’s Great Hall of the People they should be unified as […]
Hu Steps Down, as China’s Leadership Transition Begins
Posted November 14th, 2012 at 3:25 am (UTC-5)
Chinese President Hu Jintao formally stepped down as head of the Communist Party on Wednesday, setting the stage for Vice President Xi Jinping to take the country’s top leadership post. Addressing the final day of the party’s week-long congress, President Hu told delegates at Beijing’s Great Hall of the People they should be unified as […]
Xi, Li Named to Top Spots as China’s 18th Party Congress Ends
Posted November 14th, 2012 at 1:05 am (UTC-5)
China’s Communist Party wrapped up a pivotal week-long meeting in Beijing on Wednesday, one day before unveiling the country’s top leaders for the next decade. Gathering in Beijing’s Great Hall of the People for the closing ceremony of the 18th Party Congress, over 2,000 hand-picked delegates selected the few hundred members of the party’s Central […]
US Congress Reconvenes Facing Budget Challenge
Posted November 13th, 2012 at 10:20 am (UTC-5)
U.S. lawmakers resume their work Tuesday facing the major task of finding an agreement on how to deal with $600 billion in automatic tax increases and spending cuts set to take effect January 1. Congress and President Barack Obama have seven weeks to either delay the mandated package of tax hikes and cuts to defense […]
China Promises New Approach on Industrial Development
Posted November 12th, 2012 at 1:15 pm (UTC-5)
The days of pursuing profits and growth no matter what the cost may be coming to an end in China. China’s minister for environmental protection said Monday all future industry projects will be required to include assessments of the risk they pose to social stability. Zhou Shengxian told reporters the change was motivated by growing […]
Chinese President Urges Communists to Address Party Woes
Posted November 8th, 2012 at 6:30 pm (UTC-5)
China’s President Hu Jintao has called on the ruling Communist Party to combat corruption and strengthen governance to prevent disintegration as the country continues on the path of economic development. Mr. Hu delivered a keynote report in Beijing Thursday at a Party Congress that will inaugurate a new slate of leaders. Addressing more than 2,000 […]
Chinese President: Corruption Could be Fatal to Communist Party
Posted November 8th, 2012 at 4:50 am (UTC-5)
China’s outgoing President Hu Jintao warned that corruption could prove fatal to the Communist Party’s grip on power, as he addressed the opening of a pivotal congress that will usher in a new generation of Chinese leaders. “Opposing corruption, and building an honest and clean government is a clear stance the party has been adhering […]
