China stocks dive in panic selling – MarketWatch

Been watching this all day. In the last 45 minutes the Shanghai Composite SHCOMP is down around ~5%. Chinese stocks plunged rapidly out of the Wednesday open, with the Shanghai Composite Index SHCOMP, -4.66% starting down 7% and extending the loss to 8.2%, before recovering slightly to 4.8%. via China stocks dive in panic sellingContinue reading “China stocks dive in panic selling – MarketWatch”

World Bank Deletes Critical Passage on China – WSJ

  When I read this last Friday, it concerned me more than anything else I read that day. And Friday is the day I get both the Wall Street Journal and the New York Times. The “World Bank” is the popular name for the International Bank of Reconstruction and Development, an institution originally founded to helpContinue reading “World Bank Deletes Critical Passage on China – WSJ”

Ex-state senator pleads guilty to racketeering in California

Holy shit! I never even heard about this guy getting arrested in the first place! An ex-California state senator pleaded guilty Wednesday to a racketeering charge in an organized crime and public corruption case centered in San Francisco’s Chinatown. via Ex-state senator pleads guilty to racketeering in California.

Burundi vice president flees, students break into US embassy – France 24

Maybe the US is not as universally hated as it is sometimes led to believe. Ignoring armed US Marines watching from the roof of the US mission, around 200 students climbed under the gate and over the wall before sitting inside the compound with their hands raised. via Flash – Burundi vice president flees, students break intoContinue reading “Burundi vice president flees, students break into US embassy – France 24”