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David Cameron vows to double UK trade to China

Prime minister headed to country predicting that business leaders accompanying him would sign deals worth billionsDavid Cameron arrived in China early this morning vowing to double UK trade to the country to $100bn (£62bn) a year by 2015, and predicting that the army of British business leaders accompanying him on his two-day visit would [...]

[ More ] November 9th, 2010 | Comments Off | Posted in Business, China, Finance, Politics |

UK’s £10tn debt timebomb could harm economy for decades, study says

PricewaterhouseCoopers warns that ‘alarming’ level of debt may prove hard to deal with if interest rates increaseBritain’s economy is sitting on a timebomb of debt on course to break through the £10tn barrier within the next five years, according to a report out today charting the country’s two-decade long addiction to borrowing.The study by consultancy [...]

[ More ] November 9th, 2010 | Comments Off | Posted in Business, Economics, Europe, Finance, Politics, UK, World |
 

George Bush’s memoirs reveal he considered attacks on Iran and Syria

• Bush admits: Tony Blair was my closest foreign ally• Waterboarding ‘helped to break up terror plots in UK’• Iraq was the right thing to do, says former presidentGeorge Bush ordered the Pentagon to plan an attack on Iran’s nuclear facilities and considered a covert attack on Syria, the former president reveals in his memoirs.Bush, [...]

[ More ] November 9th, 2010 | Comments Off | Posted in Middle East, Politics, World, World News Headlines |

Black Caucus Gives Clyburn Nod In Dem Race

The chairwoman of the Congressional Black Caucus said Monday that Rep. James Clyburn, the highest ranking African-American in the House Democratic leadership, should be the vanquished party’s second in command in the next Congress.

[ More ] November 9th, 2010 | Comments Off | Posted in Politics, USA, World |
 

BP did not put cost over safety, says investigator

Today’s public hearing by the National Oil Spill Commission has been a good education for anyone who has read bits and pieces about the various investigations into the explosion of BP’s Macondo well, but still felt they did not have a complete understa…

[ More ] November 9th, 2010 | Comments Off | Posted in Energy, Industry, Politics |

Palin tells Bernanke “cease and desist”: report

WASHINGTON (Reuters) – Tea Party favorite Sarah Palin on Monday weighed in on the global debate over the Federal Reserve’s $600 billion plan to buy up government debt, suggesting Fed Chairman Ben Bernanke should “cease and desist.”

[ More ] November 9th, 2010 | Comments Off | Posted in Politics, World |

Gas CCS comes one step closer

Here’s some news that will cheer both environmentalists and hydrocarbon producers.
The UK government is going to open up its CCS trials to gas plants as well as coal ones. After the first demonstration, the next batch of three will be open to applicati…

[ More ] November 9th, 2010 | Comments Off | Posted in Energy, Industry, Politics |

Key Republican vows to challenge Obama on security

WASHINGTON (Reuters) – The congressman in line to chair the homeland security committee in the new Republican-led House of Representatives said on Monday that he plans to challenge President Barack Obama on the issue of terrorism.

[ More ] November 8th, 2010 | Comments Off | Posted in Politics, World |

GOP taps Scott, Kinzinger for transition to power

House Republicans are tapping two newly elected congressman who drew tea party backing in their campaigns to help lead the party’s transition to power.

[ More ] November 8th, 2010 | Comments Off | Posted in Politics, USA, World |

Video: George Osborne arrives in China for trade visit

Speaking in Beijing, the chancellor explains why improving business ties to the world’s second largest economy is a priority for the UK government

[ More ] November 8th, 2010 | Comments Off | Posted in Asia, Business, China, Politics, World |

David Cameron goes to China with eye on mutual benefits

Beijing sees trip as chance to woo European leader while prime minister hopes to boost trade balanceDespite Britain’s less than glorious historical relations with China (remember the Opium wars? They certainly do) ties have been relatively stable in recent years.The US midterms showed that China-bashing remains a potent weapon in American campaigning, but it does [...]

[ More ] November 8th, 2010 | Comments Off | Posted in Asia, Business, China, Politics, World |

Victorious GOP aims to repair image ahead of 2012

Republicans cast themselves as the anti-Obama and scored a blowout at the polls. Now their real work — repairing the party’s still-tattered image and earning voters’ trust — begins.
 

[ More ] November 8th, 2010 | Comments Off | Posted in Politics, World |

First Thoughts: Obama in defeat

The president admitted defeat on ‘60 minutes’ when he said he and his administration didn’t compromise and work with Republicans.
 

[ More ] November 8th, 2010 | Comments Off | Posted in Politics, World |

MSNBC brings back suspended anchor Keith Olbermann

LOS ANGELES (Reuters) – Suspended liberal anchor Keith Olbermann will return to the MSNBC lineup on Tuesday, four days after the cable news network suspended him for giving money to three Democratic politicians.

[ More ] November 8th, 2010 | Comments Off | Posted in Americas, Politics, USA, World |

Clinton back on US soil after marathon Asia tour

Secretary of State Hillary Rodham Clinton returned to American soil on Monday after a marathon two-week trip to the Asia-Pacific during which the domestic U.S. political landscape dramatically changed amid growing international concerns about China …

[ More ] November 8th, 2010 | Comments Off | Posted in Politics, USA, World |
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