Obama's Year of "Engagement" Saw Few Clear Successes
irnnews IRN | CNSNews.com
When the year began, the most pressing foreign policy issues facing the United States included the security threats in Afghanistan and Pakistan, Islamist terrorism, and the North Korean and Iranian nuclear standoffs. On the eve of 2010, and after almost a year of the Obama administration¡¦s policy of engagement, there are few signs of improvement in any of those areas. |
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Ethiopian Farms Lure Investor Funds as Workers Live in Poverty
irnnews IRN | Bloomberg
“My business is the third wave of outsourcing,” Sai Ramakrishna Karuturi, the 44-year-old managing director of Karuturi Global, said at the company’s dusty office in the western town of Gambella. “Everyone is investing in China for manufacturing; everyone is investing in India for services. Everybody needs to invest in Africa for food.” |
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China Property Bubble May Lead to U.S.-Style Real Estate Slump
irnnews IRN | Bloomberg
Millions of Chinese are pursuing property with a zeal once typical of house-happy Americans. Some Chinese are plunking down wads of cash for homes. Others are taking out mortgages at record levels. Developers are snapping up land for luxury high- rises and villas, and the banks are eagerly funding them. Some local officials are even building towns from scratch in the desert, certain that demand won’t flag. And if families can swing it, they buy two apartments: one to live in, one to flip when prices jump further. |
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Secret mobile phone code cracked
irnnews IRN | Financial Times
Computer hackers this week said they had cracked and published the secret code that protects 80 per cent of the world’s mobile phones. The move will leave more than 3bn people vulnerable to having their calls intercepted, and could force mobile phone operators into a costly upgrade of their networks. |
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Iranian Mullah: Kill the Protesters
irnnews IRN | Arutz Sheva
In a television appearance shocking in its candidness, a leading Iranian ayatollah says that it would be far better for the Islamic Republic to simply murder those protesting against the regime, rather than arrest and beat them. |
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