After Downgrade, Chinese Press Blasts U.S. Borrowing

Official Chinese media have lashed out at American debt following rating agency Standard & Poor’s decision to downgrade the U.S. credit rating. “The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,” Xinhua, the …

London Riots: A Blast From The Past Or A Glimpse Of The Future?

At first glance there’s little to separate the riots that swept through Tottenham overnight and the street battles in the same part of North London a quarter of a century ago that reached a peak of violence with the murder of a policeman called Keith Blakelock. Both riots were sparked by fury at police after the deaths of black …

China Food Safety: Big Crackdown, but Big Concerns Remain

Chinese authorities have arrested 2,000 suspects and closed 4,900 businesses in the latest crackdown on food safety violations. Government investigators have inspected nearly 6 million food and additive producers since concerns about the use of harmful ingredients spiked this spring, the Food Safety Commission of China’s State …

Five Lessons the World Will Take From U.S. Economic Policy Gridlock

Washington may have cut an unlovable deal to avert a default on its debts, but U.S. and global stock markets are tanking anyway. That’s because the measures agreed Tuesday can’t reverse the slide of the U.S. economy — its fundamentals, to use a phrase beloved by politicians, are less than sound. So, what the world sees in America’s …

Piers Morgan Tomorrow? The Hacking Scandal Laps At The British Star

If News International holds a soirée at the Conservative Party conference this October, it’s likely to be a subdued affair. At the zenith of Rupert Murdoch’s influence over British public life, invitations to such shindigs were as sought after as Willy Wonka’s golden tickets. Would-be gatecrashers who evaded fire-breathing, …

Hama: One City, Two Massacres


The ancient city of Hama, in northern Syria, has a long history of violence: it has weathered the marches of Romans and Byzantines, the ravages of Turks and Mongols and the brutality of the Crusades. But none of these invaders had the tanks, heavy artillery and air power deployed by the Assad family on their own people.

Hama is …

Jail, Arrests and Resignations in Britain’s Hacking Scandal


Britain’s long-running hacking saga has finally seen one of its protagonists jailed, the first such penalty since the News of the World‘s royal editor Clive Goodman and the private investigator Glenn Mulcaire were imprisoned in 2007 for intercepting voicemails intended for Princes William and Harry and their aides and friends. On Aug. 2 …

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