President Obama's trip to China yielded precious little Chinese cooperation on the Administration's key concerns, ranging from currency issues to Iran. That's a sign of the shifting balance of power between two countries that have been locked in an uneasy embrace for more than three decades. "I underlined to President Obama that given our differences in national conditions, it is only normal that our two sides may disagree on some issues," said China's President Hu Jintao. "What is important is to respect and accommodate each ...

President Obama's trip to China yielded precious little Chinese cooperation on the Administration's key concerns, ranging from currency issues to Iran. That's a sign of the shifting balance of power between two countries that have been locked in an uneasy embrace for more than three decades. "I underlined to President Obama that given our differences in national conditions, it is only normal that our two sides may disagree on some issues," said China's President Hu Jintao. "What is important is to respect and accommodate each ...

Among the many hands that Barack Obama will likely shake on his inaugural trip to Asia as U.S. President will be that of a soft-spoken general who happens to represent one of the world's most repressive regimes. Obama's planned joint appearance on Nov. 15 with Burmese Prime Minister Thein Sein, at an Association of Southeast Asian Nations' confab on the sidelines of the Asia-Pacific Economic Cooperation forum in Singapore, will mark the first time since the era of Lyndon ...

After Wall Street stabilized last spring, it didn't take long for the economy to become a political afterthought to the major battle of the year in Washington: health-care reform. But last Tuesday's off-year election broke D.C.'s political trance like a brick through plate glass. Republicans triumphed in two major gubernatorial races thanks largely to independents fleeing Democrats over economic worries. Suddenly every politician in town cares about the economy more than anything else. So Friday's jobless number from the Labor Department will quickly become ...

The economic recession may be ending but the independent film industry's shakeout continues to roll, as we were recently reminded by Disney's October decision to gut its Miramax division, cutting staff by more than 70%. It won't be the last to fall under the knife, industry insiders predict, pointing to Universal's Focus Features as the next likely victim. "Very few people think Focus is going to survive," says one industry executive who asked not to be named. It's ...

On Oct. 20, China announced, almost casually, that it was canceling 150 items of maturing government debt owed to it by 32 African countries. The announcement came a few days before a meeting between China's top legislator Wu Bangguo and Kenneth Marende, the Speaker of Kenya's National Assembly, to discuss cooperation between the two countries. Further, on Nov. 8, Chinese Premier Wen Jiabao was to attend the opening ceremony of the 4th Ministerial Conference of the Forum on China-Africa ...

Joe Marshall was cruising across the San Francisco-Oakland Bay Bridge when a piece of steel and a giant cable crashed down.He's worried about what he calls "fracture-critical" bridges: roughly 460 bridges across the country that are in dire need of repairs. "Following the Minnesota bridge collapse, there was a lot of discussion because of emotions," he said. "I didn't really see a sustained effort that says, 'We are going to replace these fracture-critical bridges.' " Federal regulators said support ...

Iceland is losing its only three McDonald's restaurants as a result of the poor economic situation in the country.

The largest growing economic force in the world isn't the China or India -- it's women.The economic story of burgeoning economies such as China is also the story of "factory girls," young women who have found new spending power as a result of new economic opportunities. Despite the financial crisis, domestic spending in the first nine months of this year was up 15 percent, driven in large part by women under the age of 35, said Shaun Rein, managing director ...

Authorities on Sunday released the name of a woman who turned up in New York this month saying she had no memory of her name or family.The economic story of burgeoning economies such as China is also the story of "factory girls," young women who have found new spending power as a result of new economic opportunities. Despite the financial crisis, domestic spending in the first nine months of this year was up 15 percent, driven in large part by ...