The price of crude oil is recovering Wednesday after a sharp drop the day before, when it touched a 22-month low. This is after an HSBC report signaled that manufacturing activity was robust in China, the world’s second biggest oil consumer.
Hong Kong is witnessing one of the city's largest rallies in decades, with tens of thousands of people taking to the streets to join a protest movement, widely known as #OccupyCentral, demanding election reform.
As the Occupy Central movement cries foul over electoral regulations imposed by Beijing, few acknowledge that the proposed reforms are far more representative than any previous electoral mechanism in Hong Kong’s history.
Over swirls of teargas and blankets of pepper spray that covered Hong Kong, the humble umbrella has become a vital defense tool for Occupy Central protesters, rapidly growing into the rally’s new symbol and an inspiration for viral posts on the web.
Amid stalled talks with Iran over limiting its nuclear program, the US is reportedly considering a proposal that would let Tehran keep half of its centrifuges while reducing its stock of uranium gas so much that a weapon would take over a year to create.
Beijing is ready to meet fruit and vegetable demand in Russia after Moscow’s food embargo on the West, a Chinese commerce official said. Boosting agricultural trade, already worth $20 billion a year, would further cement Russia’s links with China.
Outgoing Afghan President Hamid Karzai punctuated on Tuesday his tumultuous 13-year relationship with the United States, alleging that America invaded Afghanistan in 2001 for “its own interests” and never really wanted peace in the region.
Chinese President Xi Jinping’s recent visit to India (September 17-19) yielded quite positive results, but, sadly, left much more in the “not achieved” bracket with both New Delhi and Beijing to blame for squandering away the opportunity.
While economics and pragmatic foreign policy are the triggers, results of the meeting between Chinese President Xi Jinping and Prime Minster Narendra Modi in India, are decided elsewhere - at the disputed Sino-Indian border.