Daniel Clark

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Samsung Supplier Shut Down Amid Child Labor Probe in China

Business News<p>Production has been indefinitely halted at a Chinese supplier to Samsung Electronics Co Ltd after the factory was suspected of using child workers. Samsung, the world's biggest smartphone maker, said last week it had stopped doing business with the Dongguan Shinyang Electronics …

Samsung

China's Total Debt Surges To 251% Of GDP

By comparison, the US had a 260% total-debt-to-GDP ratio in 2013 and Japan has 415%, according to the FT.<p>On the face of it this doesn't look as bad. And the argument typically goes that because a lot of this is domestic, not external debt, China has no reason to worry.<p>But the concern with China has …

Russia vastly outgunned in economic showdown with West

Combined sanctions by the US, Europe, Japan and the OECD bloc pit a $35 trillion colossus against a $2 trillion midget<p>The economic showdown unfolding between Russia and the West is almost entirely one-sided.<p>The US has the power to bring Russia to its knees through hegemonic control over the world’s …

The Netherlands can choose to squeeze Russia’s economy over MH17

Netherlands prime minister Mark Rutte, whose citizens make up the bulk of the victims of the MH-17 disaster, didn’t mince words this week when telling Russian president Vladimir Putin about his responsibility to improve the situation there: “I told him that the window of opportunity to show the …

China food scandal spreads, drags in Starbucks, Burger King and McNuggets in Japan

SHANGHAI (Reuters) - The latest food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks, Burger King Worldwide Inc and others, as well as McDonald’s products as far away as Japan.<p>McDonald’s Corp and KFC’s parent Yum Brands Inc apologised to Chinese customers on Monday after …