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us Archive
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China Pledges Yuan Flexibility
On Sunday, China stated that any appreciation in its currency value would be gradual, a day after announcing that it would allow a more flexible currency. This move is a clear attempt to reassure the Chinese people that there would not be a disruptive change, many of whom view the appreciation as a sign of [...] -
Japan’s Hatoyama Steps Down over Base Row
According to national broadcaster NHK, Japanese Prime Minister Yukio Hatoyama will announce his resignation at an emergency plenary meeting of ruling party lawmakers later today. Hatoyama’s broken campaign promise to move a US Marine base off Okinawa caused protests to erupt and approval ratings for the Democratic Party of Japan to drop severely. This announcement comes [...] -
Iranian nuclear program received with mixed reactions
On Wednesday, 3rd of February, Iran launched a rocket into space, violating international law. Iran now faces the threat of new sanctions from the US and others. The incident has also increased diplomatic tensions between countries that disagree how to engage Iran, especially the US and China. The domestically-produced Kavoshgar-3 rocket was equipped with a satellite [...] -
India: India, US sign clean tech deal
The US and India have signed a deal in Washington, DC aimed at promoting the development of green technology. The deal comes in the runup to the UN conference on climate change scheduled for Copenhagen for December 7-18. The details of the entire proposal have yet to be released. Clinton said only that India and the [...]
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