South Korea: We will retaliate with missile strikes if provoked further
Houses in South Korea's Yeonpyeong Island are ablaze after the attack South Korea says it will retaliate with missile strikes against the North if faced with "further provocations", after an exchange of fire in which two South Korean marines were killed. President Lee Myung-bak was responding to the shelling of an inhabited...
China’s GDP may overtake the US in 2012
China may overtake the US in 2012 in terms of the size of its economy, based on a comparison between the real purchasing power of the two countries' currencies, the Wall Street Journal said Wednesday, citing a report released by a New York-based research association. In its annual Global Economic Outlook report, the Conference...
Immigration Backlash Troubles Europe
From Sweden in the north to Italy in the south, far right politicians -- with anti immigration platforms -- have fared well in recent elections across Europe. Many of them campaigned against what they call the "Islamization" of Europe. As tensions rise across the continent, many analysts point to the economic crisis as the cause...
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