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Risky business: N. Korea making capitalist accommodations to win foreign currency

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Special to WorldTribune.com By Lee Jong-Heon, East-Asia-Intel.com North Korea’s youthful leader Kim Jong-Un is taking another risky step to win much-needed foreign currency by allowing certain capitalist practices in the world’s last Stalinist nation. Workers at state-run shops in the capital city of Pyongyang have begun wearing name cards instead of badges displaying Kim’s grandfather [...]

May 17th, 2012 | Posted in Exclusives,Intel Brief,Life,North Korea,Top Stories | Read More »

Chinese media mounts all out propaganda offensive against the Philippines

Two Chinese surveillance ships near the Scarborough Shoal, a small group of rocky formations whose sovereignty is contested by the Philippines and China, in the South China Sea.  /Reuters/Philippines Army

Special to WorldTribune.com By Willy Lam, East-Asia-Intel.com Judging by the rhetoric of the official Chinese media and military commentators, the Chinese Communist Party authorities seem to be readying a small-scale naval skirmish to “teach the Philippines a lesson.” Yet at the same time, Beijing is brandishing non-military solutions, such as joint development of oil and [...]

May 16th, 2012 | Posted in China,Exclusives,Intel Brief,NE Asia,Philippines,Top Stories,World Links | Read More »

As West falters, Asia Pacific region emerging as new global economic engine

The Korean stock index is reflected on glass at the Korea Exchange in Seoul.  /AFP

John J. Metzler UNITED NATIONS — Despite the persistent economic headwinds which are expected to slow economic expansion this year, “growth in the Asia and the Pacific area remains better than in any other region; continuing as an anchor of stability and a new growth pole for the world economy.” That’s the guardedly optimistic prognosis [...]

May 16th, 2012 | Posted in Africa / Europe,China,Columnists,COMMENTARY,Exclusives,Japan,John Metzler,Life,NE Asia,Stateside,Top Stories,U.S. Economy,United Nations | Read More »

Report: Rising demand in China to keep oil prices high

oil prices high despite a dramatic improvement in world supply and a big build in stocks, the International Energy Agency (IEA) said.  /AFP/Getty Images

Special to WorldTribune.com LONDON — Despite reduced tension with Iran, global oil prices were expected to remain high throughout 2012. The International Energy Agency (IEA) said oil prices would remain high amid rising demand. The Paris-based agency said demand would increase in China and Japan with a decline reported in Europe and the United States. [...]

May 14th, 2012 | Posted in China,Exclusives,Iran,Japan,Mideast,NE Asia,Saudi Arabia,Stateside,Top Stories,U.S. Economy | Read More »

Australia’s pro-Obama Gillard government clings to power, reduces defense spending

Australian Prime Minister Julia Gillard greets President Barack Obama after his arrival in Canberra.  /Stuart McEvoy

Special to WorldTribune.com By Gregory Copley, Global Information System Prime Minister Julia Gillard’s Labor Party (ALP)-dominated coalition Government of Australia has clung to power without an express public mandate since the August 21, 2010, House of Representatives elections. This has been largely because its parliamentary majority has been guaranteed by four independent parliamentarians and one [...]

May 14th, 2012 | Posted in Australia,Exclusives,Life,NE Asia,Stateside,Top Stories,U.S. Politics | Read More »

China completes pipeline that bypasses Strait of Hormuz

Special to WorldTribune.com ABU DHABI — The United Arab Emirates has completed an oil pipeline that bypasses the Iranian-dominated Strait of Hormuz. Officials said the pipeline that links the Habshan oil fields to the UAE port of Fujairah was completed in April. They said the facility would allow the UAE and other Gulf Cooperation Council [...]

May 11th, 2012 | Posted in China,Exclusives,Iraq,Mideast,NE Asia,Top Stories,UAE | Read More »

Kim Jong-Un exports workers to import cash after spending half annual budget on celebration

Kim Jong-Un attending the fifth session of the 12th Supreme People's Assembly of the Democratic People's Republic of Korea (DPRK) in Pyongyang on April 14.  /Xinhua/KCN

Special to WorldTribune.com By Lee Jong-Heon, East-Asia-Intel.com North Korea’s young ruler Kim Jong-Un, who poured scarce hard currency into political events to celebrate his formal rise to power, has issued an order to send as many workers as possible abroad to earn much-needed cash, even at the risk of defections, sources in Seoul say. The [...]

May 10th, 2012 | Posted in Exclusives,NE Asia,North Korea,Top Stories | Read More »

The Iranian people are the overlooked victims as Russia and China back a toxic regime

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Special to WorldTribune.com By Fariborz Saremi The Iranian revolutionary regime has succeeded in alienating other Muslim states in the region by attempting to export its own version of Islam to countries within the Middle East. Ever since its first day of coming to power in 1979, the Islamic Republic of Iran has meddled in the [...]

May 9th, 2012 | Posted in Africa / Europe,China,Exclusives,Iran,Mideast,NE Asia,Russia,Top Stories | Read More »

Russian admiral pours cold water on idea of China ‘military alliance’

A Xinhua photo of the Russia-China joint naval exercise in the Yellow Sea of the Pacific Ocean, April 26.  /Xinhua/Zha Chunming

Special to WorldTribune.com Compiled by Miles Yu, Geostrategy-Direct.com Week-long Chinese-Russian naval exercises in the Yellow Sea ended April 27 with much official hype but little convincing enthusiasm. That’s because throughout the exercises China desperately tried to convince the world that a solid Sino-Russian military alliance was in the works. The Chinese Defense Ministry called the [...]

May 8th, 2012 | Posted in Africa / Europe,China,Exclusives,Intel Brief,Life,NE Asia,Russia,Top Stories | Read More »

Communism muddles along in the Middle Kingdom

China's President Hu Jintao speaks with U.S. Secretary of State Hillary Clinton in Beijing, May 4. Clinton told Hu on Friday that relations between their two countries were the strongest they had ever been.  /Shannon Stapleton/Reuters

Sol W. Sanders   [See Archive] Chen Guangcheng and Bo Xilai represent the two poles of the Chinese political spectrum. Chen is a blind, self-taught lawyer and provincial activist for human rights, in a life and death struggle to reinterpret the system. Bo is a pampered scion of a famous Communist family, until recently a [...]

May 7th, 2012 | Posted in China,Columnists,COMMENTARY,Exclusives,NE Asia,Sol Sanders,Stateside,Top Stories,U.S. Politics | Read More »