Posted on 26 April 2012. Tags: Aristocracy, Asia, Bo Guagua, Bo Xilai, Bo Yibo, China, Chongqing, Cultural Revolution, Gu Kailai, Mao Ze Dong, Neil Haywood, People's Republic of China, Politburo, Politburo Standing Committee, PRC, Princelings, Privileged Class, Red Songs, Scandal, Wealthy
The voice of the Communist Party of China has come through loud and clear in the Bo Xilai case: Bo is stripped of all titles and factional battles are alive and well within the Chinese Politburo. PRC internet sources are alive with rumors regarding the most public downfall of a powerful Chinese politician in recent [...]
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Posted in World Politics
Posted on 26 April 2012. Tags: Asia, Biological Weapons, Biological Weapons Convention, Chemical Weapons, Democratic People's Republic of Korea, DPRK, Kim Dynasty, Kim Il-sung, Kim Jong-il, Media, North Korea Kim Jong-un, North Korean Nuclear Weapons, Propaganda, South Korea, Weapons Development Programs
Supreme Leader Kim Jong-un’s first speech to the public has drawn the hermit kingdom back into the spotlight with a focus on his youth and deadly nuclear arsenal. Propaganda in North Korea has raised the youngest Kim to the heights of supreme status shared only by his father, the late Kim Jong-il, and grandfather, the [...]
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Posted in World
Posted on 26 April 2012. Tags: Argentina, Brazil, Business & Finance, Cristina Fernández de Kirchner, Economics, Hugo Chavez, Leftist, Nationalization, Natural Resources, Oil, Paris Club, Privatization, Repsol, Socialism, Sovereign Debt, State Owned Enterprises, Venezuela, YPF
The move is widely considered an economic catastrophe for Argentina but the nationalization of former state oil enterprise YPF, a hallowed mark in Argentina, will not only address energy and cash shortages but may also shore up the president’s popularity. Yet, many find this most recent move by Cristina Fernández disturbing because, like Venezuelan President Hugo Chávez, [...]
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Posted in Global Economy