China cutting reliance on exports as domestic demand grows

China’s pattern of economic growth is changing. The country is depending more and more on domestic consumption than external demand. Previously, beginning from the 1980’s and 1990’s, when China’s economy first began rapid expansion, economic…

Turkey identifies new “enemies”

Turkey’s revised list of countries believed to be threats to its national security confirms Ankara’s strategic drift away from the West, according to the Heritage Foundation. Ankara removed Iran, Iraq, Syria, Bulgaria, Georgia and Armenia, Russia,…

Pakistan in need of huge humanitarian assistance

The people need food, drinking water, medical care and temporary emergency shelter if the death toll from the floods must fall. By Syedah Iram Zaidi BEIJING— (September 27—M4Relay)—Present estimates indicate that over two thousand people…

Russian President in China

Medvedev and Hu will attend a ceremony to launch the Chinese section of the Russian East Siberia – Pacific oil pipeline. By Anna Varfolomeeva BEIJING— (September 27—M4relay) — Russian President Dmitry Medvedev is in China…

Investors to sue HSBC for Lehman Scam

HONG KONG – Angry voices shouting “World’s Local Crook” echo beneath the iconic HSBC building designed by British architect Norman Foster. The protesters are mocking the corporate slogan “The World’s Local Bank”, a catch-phrase that…