China has triggered an « excited buzz » at a global warming conference in South Africa by setting out the conditions under which it might limit its pollution, the United Nations diplomat leading the talks said. >>> Read more
Over at National Defence Headquarters, there’s considerable interest in some real estate that a Chinese tycoon tried to buy in Iceland. Senior figures in Canada’s military believe this is why Canada needs more ice breakers, ships and submarines....
China’s stocks rose the most in five weeks, the yuan gained and interest-rate swaps fell as lenders’ reserve-ratio requirement was cut for the first time since 2008 and six central banks took action on Europe’s debt crisis. >>> Read...
The Bank of Canada joined the world’s major central banks Wednesday in a serious show of force against the snowballing credit crisis, slashing the cost of borrowing in U.S. dollars for European banks buckling under a mountain of sovereign debt. >>>...
China’s leaders are reversing their two-year effort to cool the economy, seeking to counter slowdowns in manufacturing and property that are dragging growth lower and threatening to spur unrest. >>> Read more
