President Obama said Friday that leaders of the industrialized nations have agreed to continue fueling economic growth while strengthening regulatory measures but they also realize that full recovery is "still a ways off." Obama listed some of the achievements of the Group of Eight summit this week in Italy as the conference neared the end, and he stressed the need for collective action. In addition, the G8 nations agreed to stop the spread of nuclear weapons, set goals for reducing carbon monoxide emissions and invest $20 billion in food security
Tag Archives: china
China cites ‘conclusive evidence’ in Rio Tinto case
China has "conclusive evidence" that four employees of the world’s second-largest mining company were stealing Chinese state secrets, the country’s foreign ministry said. Four employees of Rio Tinto — one Australian and three Chinese — have been arrested on suspicion of espionage and stealing state secrets. Australian Stern Hu is the general manager of Rio Tinto’s Shanghai office, where all the employees work.
Report: One dead from quake in SW China
China recorded its first death Friday from a moderate earthquake that struck the country’s southwest the night before, state-run media reported.
Report: China quake destroys 10,000 homes
More than 10,000 homes have been destroyed from an earthquake that struck southwest China, state media reported.
Saudis say 330 convicted in terrorism trials
Saudi Arabian authorities Wednesday announced the convictions of 330 people accused of taking part in terrorist plots, with an unspecified number receiving prison sentences.
China arrests Rio Tinto staff on spy charges
Four employees of the Shanghai office of Australia’s Rio Tinto, the world’s second-largest mining company, have been arrested over allegedly stealing China’s state secrets, the Shanghai state security authority said Thursday, according to Xinhua. An Australian, identified by the Australian government as Stern Hu, had been held along with three Chinese co-workers since Sunday, Foreign Minister Stephen Smith said
G-8 leaders have ambitious environmental goals
Leaders of the world’s most powerful economies pledged to seek huge cuts in their greenhouse gas emissions at a summit in Italy on Wednesday.
Reporter’s notebook: Boiling emotions in China
Han Chinese protesters were out in the streets, not far from our hotel near the People’s Square, on Tuesday. A lot of the Han Chinese own shops in the area and there are some hospitals in the vicinity. When we saw the protesters marching in the streets, we simply followed them.
World leaders arrive for G-8 quake zone summit
Leaders of the world’s most powerful economies were Wednesday gathering in the center of an Italian earthquake zone for a summit that, despite an agenda tackling the financial crisis, world poverty and climate change, is not expected to produce seismic results. U.S.
Study: A Fairer Way to Cut Global CO2 Emissions
At the end of the year, governments from around the world will meet in Copenhagen hopefully to hammer out a new treaty — the successor to the Kyoto Protocol, which expires in 2012 — to reduce global greenhouse-gas emissions. Their lack of time aside, diplomats face a very large, very immovable hurdle on the way to a new Kyoto. Developed countries like the U.S., which refused to ratify the original treaty, are responsible for most of the CO2 in the atmosphere — and more than a century of industrialization has helped make them rich — which would indicate that they should shoulder the lion’s share of future emissions reductions.