03/30/2015ASIA Australia and Denmark join Beijing’s "Super Bank", the US increasingly isolated Decisions soon expected in Holland and Hong Kong. The Member States of the Asian Infrastructure Investment Bank approaching 40 units. Moscow seems to want to stay out, but more for economic and geopolitical reasons. March 31 is the deadline for submitting applications. Beijing (AsiaNews) - Australia and Denmark have announced plans to join the Asian "Super Bank" led by China, leaving the United States and Japan increasingly isolated in what appears to be a complete redefinition of international finance. The two...
03/29/2015VATICAN Pope: Holy Week, God’s way is humility, it is Jesus’ way, and “we will take this path” During Palm Sunday Mass, which begins Holy Week, Pope Francis cited the example of people “who, in silence and hiddenness, sacrifice themselves daily to serve others: a sick relative, an elderly person living alone, a disabled person . . .” He also cited today’s martyrs, persecuted because of their faith, a “cloud of witnesses”. Palm Sunday also marks the celebration of the 30th World Youth Day. Deacons of the Pontifical Institute for Foreign Missions provided the service to the pope and the altar. The pope called on young people to come in pilgrimage to Krakow in 2016. He also mentioned the victims of the plane crash in the French Alps.
03/27/2015SOUTH KOREA – ASIA As South Korea joins Asian "Super Bank", Washington wavers Proposed by Beijing, the Asian Infrastructure Investment Bank is designed to limit US influence in Asia and reduce Asia’s dependence on the International Monetary Fund. As South Korea accepts China’s predominance, the United States has to rethink what to do. Italy, Germany, France and Great Britain have already decided to join.
03/27/2015CHINA Who has confidence in the future of the Chinese Communist Party? No one by Bao Tong One of the country’s foremost political dissident looks at Chinese society and politics at a time when the endgame for the ruling regime seems to be fast approaching. No one believes that China’s pyramid model can last. As the rich escape and government oppression continues, faith in the one party system is collapsing. Courtesy of Radio Free Asia.
03/27/2015LAOS - CHINA Laos, workers march against a Chinese company that does not pay wages Dozens of workers of a chemical factory took to the streets to demand payment. A rare event in a country that strongly punishes public dissent. According to a worker, Chinese employees are paid on a regular basis, but not the Laotians. Local residents protest environmental pollution.
03/26/2015PHILIPPINES - CHINA Manila accuses Beijing of wanting to control the entire South China Sea Philippine Foreign Minister speaks of " China’s expansionist agenda" dominated by "massive" reclamation projects. Beijing’s "growing" activities aimed to affect the work of the UN international tribunal, convoked by Manila to resolve the dispute. China continues to claim sovereignty of the area.
03/25/2015CHINA Beijing's last coal plant will close in 2016 The Chinese capital has a pollution level twice the national average. Four mega coal based power plants have operated for decades. Coal still provides about 70% of the country’s energy needs, but the damage to the environment is incalculable.
03/25/2015VATICAN Pope: we must all pray for the Synod on the family, "the womb of human life." "The bond between the Church and the family is sacred and inviolable. The Church, as a mother, never abandons the family, even when it is disheartened, wounded, and mortified in so many ways. Not even when it falls into sin or grows distant". Twenty years since Evangelium Vitae. "When you do not earn a wage you lose your dignity! This is the drama of our time. "
03/25/2015IRAN – ASIA As the prospects for a nuclear deal improve, Asians line up for Iranian oil Some of Asia’s biggest refiners are betting on a positive outcome to negotiations. Once international sanctions are lifted, Tehran could boost crude oil production by one million barrels per day to pre-sanctions levels and more. China, South Korea, India and Japan are vying for a slice of the pie.