In order to increase airline travel efficiency while at the same time making travel a more peaceful process, a number of American companies are uniting to test a type of “stealth bomber” model as the next generation of passenger planes. Allegedly, by 2020 this new model is predicted to consume up to 40 percent less [Read more]
Recently, the U.S. dollar has continued to depreciate. The U.S. dollar index reflecting the U.S dollar price ratio to other major international reserve currencies is at a fourteen month low. In the international foreign exchange market, on 21 October, the Euro to the U.S. dollar price ratio broke through 1:1.50, a [Read more]
According to South Korean media reporting on November 5th, Jack Pritchard, President of the Korea Economics Institute (KEI) will go on a four-day visit in the Democratic People's Republic of Korea (DPRK) starting November 21st.
One of South Korea's Foreign Ministry's ranking officials indicated that they learned that [Read more]
Many Americans have realized that Obama is no longer last year’s knight in shining armor, able to charm people with his cries of “yes, we can!” and cause the media to sigh in adoration ... whether he forges ahead or retreats, either way he will fall into an abyss.
China and the U.S. can transcend strategic differences concerning energy, environmental and territorial development and cooperate.
The U.S. dollar is still the leading reserve currency, and one cannot deny this fact.