China is the world’s biggest creditor, with foreign exchange reserves of around $3.2 trillion. Europe would like Beijing to use some of that money to lend a hand and help bail out the eurozone. China has stressed it will not be a savior to Europe, and there are a reasons it won't. However, there are a few reasons China could change course and come to the rescue. Here are three:
So says President Obama's State Department, arguing that conditions should not be put on aid to Egypt.
American hipster culture is gaining popularity in Jakarta, most evident in the flood of bespectacled bikers on 'fixies' on the city's clogged streets.
Italian Prime Minister Silvio Berlusconi has survived more than 50 no-confidence votes in his political career, surviving yet another at least implicit one on Tuesday. But he is still headed out the door, he says. Over the years, charges of corruption, accusations of soliciting underage prostitutes, and alleged involvement with the mafia were not enough to sink the indomitable Mr. Berlusconi – but charges of mishandling the economic crisis seem to have done it. Here’s a look at the many things that would have taken down many other world leaders.
The Korean War is long over, but the very American food staples of hot dogs and Spam were left behind, and have become the base for one of South Korea's most popular dishes.
French President Nicholas Sarkozy called Israeli Prime Minister Benjamin Netanyahu a 'liar' that he 'can't stand' and President Obama didn't rush to Netanyahu's defense. This is neither surprising nor meaningful.
A top monk in exile has appealed to Tibetans inside China-controlled Tibet for a different approach to fighting for independence than taking their own lives.
Both Guatemalan President-elect Otto Perez Molina, a former general, and Nicaragua's President Daniel Ortega, a former leftist rebel leader, are apt to rely on military power to fight crime.
Today's papers focus on an IAEA report on Iran's nuclear program that is sparking calls for tougher sanctions. And Foreign Policy looks back to American spy and silk merchant Jim Thompson.
Italy and Greece are working to cobble together interim governments to avoid bankruptcy as Europe's debt crisis rolls on.
Pakistan Foreign Minister Khar said Wednesday that the 'trust deficit' between India and Pakistan is shrinking, yet another step forward in a fledgling reconciliation process.