Three Key Lessons from Obama’s China Tour

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.

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Documents: ‘Balloon boy’ dad had hoax in mind, wife says

The wife of a Colorado father at the center of the “balloon boy” saga told authorities that the giant helium balloon was specifically created for a hoax to draw media attention, according to court documents released Friday. Mayumi Heene told Larimer County investigators that she and her husband, Richard Heene, knew that their 6-year-old son Falcon was hiding at their Fort Collins home the entire time, even as police and military scrambled to search for the boy, according to the documents.

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Venezuela to export gasoline to Iran

Venezuela will begin exporting 20,000 gallons of gasoline to Iran next month as the nations strengthen bilateral cooperation, Iranian state media reported. Iranian President Mahmoud Ahmadinejad and his Venezuelan counterpart Hugo Chavez announced the agreement on Sunday

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Clinton warns of Iranian, Chinese gains in Latin America

U.S. Secretary of State Hillary Clinton said Friday that Iran and China are making "quite disturbing" gains in Central and South America. In wide-ranging comments on the region, she also said the Obama administration will work to improve relations among even its harshest critics in the Western Hemisphere, including Venezuelan President Hugo Chavez, and is looking to the Castro brothers in Cuba for some reciprocal action in response to the president’s easing of travel and other restrictions

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