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China 'buying out' Africa: Top 5 destinations of Chinese money

On a quest to secure raw materials and energy resources to support the exponential growth of its economy, China has become the fastest-growing investor in Africa. Here are the top five destinations of Chinese capital, in order of estimated Chinese investment.
Uganda election: Four reasons donor nations won't turn their backs on President Museveni

As recent events in Egypt have shown, international support for aging despots can wane quickly once crowds hit the street and violence kicks off. Here are some reasons why the international community might not want to push Uganda's President Yoweri Museveni too hard.
In Pictures: Oil rigs

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China's standoff with the Philippines heats up with travel warnings, oil drilling

Analysts say the oil-rich waters around Scarborough Shoal and the Paracels are but one factor in the increasingly prickly relations between China and the Philippines.
China 'buying out' Africa: Top 5 destinations of Chinese money

On a quest to secure raw materials and energy resources to support the exponential growth of its economy, China has become the fastest-growing investor in Africa. Here are the top five destinations of Chinese capital, in order of estimated Chinese investment.
Terrorism & Security
Race for oil heats up territorial disputes in the South China Sea

The expansion of oil exploration and drilling in the South China Sea has raised the stakes in the various territorial disputes between China and its neighbors, particularly the Philippines.
Commodity trading: Plunge in US hits Asian stocks

Commodity trading reversals in US cause Japan and Korean markets to fall. Asian mining, energy companies drop with negative cast to commodity trading.
China grabs Latin America, well ahead of Obama's outreach

In the past year, China has secured some $65 billion in regional deals. President Obama's current visit to Latin America is seen as a counteracting move.
Stock prices rise globally as Japan threat fades

Stock prices are up in Asia and Europe. Futures point to a rise in US stock prices at the open.
Uganda election: Four reasons donor nations won't turn their backs on President Museveni

As recent events in Egypt have shown, international support for aging despots can wane quickly once crowds hit the street and violence kicks off. Here are some reasons why the international community might not want to push Uganda's President Yoweri Museveni too hard.
What does China want with south Texas? Hint: cleaner energy know-how

Drilling shale to capture oil and gas is a technology that China, which burns a lot of coal, is eager to learn. That's why it's a partner in a south Texas 'fracking' project.
Africa Monitor
China gains ground in battle over Ghana's offshore oil

The Aug. 18 announcement that Exxon Mobil will not purchase a stake in Ghana's offshore oil fields opens the door for China, which is setting a new standard for how to woo Africa's petrol powers.
Africa Monitor
Will China oil company CNOOC outbid Exxon Mobil for Ghana's oil?

Ghana will soon announce whether China oil company CNOOC or oil giant Exxon Mobil won the bidding war for rights to tap its offshore oil. The answer will show how great a player China has become in Africa.
In Pictures: Oil rigs
The Daily Reckoning
American Military: Trust in the last vestige of US dominance

If there's one area where the US maintains a decisive lead over other countries, it's in its military.
The New Economy
Money Daily Brief: US home prices rise for third straight month

American home prices rise for the third straight month and consumer prices fall in Japan.
Terrorism & Security
Did 'Israel lobby' block Obama's pick for intelligence czar?

Charles Freeman, nominee for chair of the National Intelligence Council, blames pro-Israeli lobbyists for scuttling his nomination.
China's buying spree in global fire sale

This month China bought stakes in French, Canadian, and Australian firms.
China, taking advantage of global recession, goes on a buying spree

China's government is bargain-hunting internationally as the financial crisis pushes down prices of energy resources and assets.