Far from being lauded as a virtue, China's high savings rate has been blamed for the economic imbalances underlying the global financial crisis. The criticism being that the Chinese spend too little and rely too much on exporting to Western consumers.
Global News Journal
In a country like Spain, where a large majority still identify themselves as at least more-or-less Catholic, you'd think the government would shy away from taking on the Roman Catholic Church. In fact, there are probably few things Spanish Prime Minister Jose Luis Rodriguez Zapatero likes better than a brawl with the bishops.
The U.S. Democratic Party has gained a larger following over the past two decades but America's ideological landscape has remained largely unchanged over the past two decades, according to a new report by the Pew Research Center for the People & the Press. You can see the analysis here.
Each side accuses the other of trying to scare voters ahead of Ireland’s referendum on the EU treaty on Thursday.
“No” groups have campaigned on issues ranging from abortion and euthanasia to taxation and Ireland’s military neutrality. They also say new decision-making mechanisms mean small states will lose influence and get trampled by the EU’s heavyweights.