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@tanseaway | 13,972 Articles | 26 Magazines | 25,163 Followers | Hungry and thirsty all the time. News junkie.

An economist explains why the key to a free world lies with China

Freedom is a rarity in human history, and still too much of a rarity in the world today. This should be no surprise. Would-be tyrants abound, and it is not easy to establish a system that keeps them all in check. The wonder is that we can celebrate the better part of a quarter of a millennium of …


Empathy: Overrated?

Be kind, show understanding, do good—but, some scientists say, don’t try to feel others’ pain.

In 2006, then-senator Barack Obama gave a commencement speech offering what seemed like very sensible advice. “There’s a lot of talk in this country about the federal deficit,” he told Northwestern’s …


China’s college students embrace stock trading, thanks to money from mom and dad

While many of his peers get their sense of achievement from online video games, Li Shengyao, a 21-year-old sophomore at the Shanghai University of Finance and Economics, gets it from playing the stock market. He describes himself as a short-term trader who “can’t stop my fingers from making orders.”


The IMF has made an obvious point about Greece’s huge debt. Here’s why it still matters

Are you sitting down? The International Monetary Fund has dropped a bombshell: Greece has too much debt.

Pretty obvious, right? After all, Greece missed a loan payment to the IMF itself earlier this week. But this is a pretty big deal, if you can believe it.

The fund published a draft of its latest …


Bloody hell: Shaanxi man busted for making toxic food products from fake duck blood

Oh yes, even duck blood can be faked. A man in Ankan, Shaanxi province was caught concocting food products from the blood of cows and sheep with the …


Casa Cacao @ Telawi, Bangsar

Chocolate forms the cornerstone of Casa Cacao, a destination dedicated to devotees of treats marked 'milk, dark or white.'

Casa Cacao is all about …


North Korean defector flees to Finland 'with evidence of chemical testing on humans'

A North Korean biochemical weapons scientist has defected to Finland, taking with him gigabytes of information on human experiments that he plans to …


China Tells Investors: Go Ahead, Bet the House on Stocks

In China, you can now literally bet the house on the nation’s tumultuous stock market.

Under new rules announced Wednesday by the country’s securities …


In China, hostile foreign forces blamed for bursting stock market bubble - The Washington Post

There are now officially more stock market investors in China than there are Communist Party members, Bloomberg reported this week. But if capitalists now definitively rule China, they have had a very rough few days.

China’s stock market slumped again Thursday, despite fresh moves by regulators to …


Chinese Stocks Plummet Despite Government Threats To Shorts, Europe Lower, US Closed

The Greece impasse set to culminate on Sunday continues to have a massive impact on at least one stock market, unfortunately it is the wrong one, …

Public Finance

The secret life of magnets

I have a confession: I’m obsessed with magnets.

We rely on magnets every day, but seldom give them a second thought. There are magnets in your credit card, your cellphone, your car, microwave oven and computer—and perhaps also pasted all over your refrigerator.

Probably the last time you thought …

Space Science

Malaysia’s prime minister is accused of pocketing nearly $700 million from a government investment fund

In 2009, Malaysian prime minister Najib Razak explained why the government was taking over the investment fund 1Malaysia Development Berhad (1MDB). “By doing this, the country’s wealth can be distributed evenly among the people irrespective of race,” he wrote in a letter to a parliament member who …


UK officials discussed resettling 5.5m Hong Kong Chinese in Northern Ireland

Government officials raised the idea of resettling the entire five and a half million residents of Hong Kong in Northern Ireland at the height of the Troubles, it has emerged in government documents that have just been released.

The extraordinary proposal was more a political in-joke than a genuine …

Hong Kong

PayPal no longer works in Greece—and why that matters

Adding to their list of woes, Greeks can no longer use their PayPal accounts.

Limits on how much money Greeks can take out of banks put in place by their debt-stricken government as it negotiates with lenders have effectively crippled the online payment service, which relies on traditional banks and …


A Chinese company wants its employees to ask for permission to get pregnant

Beijing (AFP) - A Chinese company plans to demand its employees seek approval to get pregnant and fine those who conceive a child without permission, reports said, provoking a media firestorm Friday.

"Only married female workers who have worked for the company for more than one year can apply for a …


Xi Jinping has run into the one thing in China he can’t control

Updated July 3 at 5:00pm in Hong Kong.

Chinese president Xi Jinping’s signature governing style has been to consolidate power and then wield it aggressively and independently.

He’s destroyed political opposition within his own party by locking up Bo Xilai and Zhou Yongkang, once rumored to be against …


French Economy In "Dire Straits", "Worse Than Anyone Can Imagine", Leaked NSA Cable Reveals

Earlier today Wikileaks released a new batch of NSA intercepts among which one in particular stands out: an intercepted communication which reveals …


The South China Sea is now a 'core interest' of Beijing — and that's a problem for its neighbors

China’s aggressive posture toward the South China Sea has been stirring tensions in the region, and a new national security law suggests that Beijing is just getting started.

The new law calls for security to be maintained in all fields, including culture, education, and cyberspace.

Moreover, as …


NSA Leak Reveals Both Merkel And Schauble Saw Greek Debt As Unsustainable Even After Haircut

Several days ago, we posted a NSA cable leaked by Wikileaks, in which then French finance minister Moscovici (currently a European commissioner) was …


Holocaust 'hero' Sir Nicholas Winton dies aged 106

Sir Nicholas Winton, who organised the rescue of 669 children destined for Nazi concentration camps, has died aged 106.

Sir Nicholas, then a …


Conversation: The Islamic State and the Market State

Islamic State (ISIS)

Conversation: The Consequences of Greece's Referendum


Think Greece is better off ditching the euro? Read this first

On paper, Greece’s referendum on Sunday (July 5) is narrowly focused on accepting or rejecting a proposal made by creditors to extend the country’s bailout deal last week. But leaders from the rest of the euro zone are pitching the vote in much starker terms: Greeks are effectively voting on …


This astronaut is sacrificing his body to go to space for 1,000 days

Russian cosmonaut Gennady Padalka, the commander of the current crew on board the International Space Station, has broken the record for the longest time spent in space with 803 days. Padalka, who is to return to Earth in September, has previously said he would like to try for 1,000 days on a …


Roger Federer tweener lob against Querrey at Wimbledon 2015

ATP World Tour

Dustin Brown has knocked Rafael Nadal out of Wimbledon

It was an ace, in the end that called Nadal to the net for a shake of hands

It had started with a bang but ended a whimper drawn out so long it became …

Dustin Brown

Bubble Wrap's New Design Is Unpoppable And It's All Our Fault

Our ruthless new era of super-efficient global shipping has made it irrelevant.Read more...

Bubble Wrap

Jim Jefferies US Gun Control Live Stand Up Comedy Best comedian ever 2015

Stand-up Comedy

Japan's huge sex problem is setting up a 'demographic time bomb' for the country

The Japanese press has taken to calling it sekkusu shinai shokogun: celibacy syndrome.

Basically, the country just isn't that interested in sex — and it could have huge effects beyond its borders.

The most recent evidence comes in a survey by the Japan Family Planning Association, reported on in the …


Xiaomi’s smartphone sales growth has ground to a halt

If there was ever time for Xiaomi to prove it’s more than just a smartphone company making generic slabs of hardware, it is now.

From January to June the company sold 34.7 million devices—registering no growth from the previous six month period.

Yes, sales were up 33% year-on-year. But the lack of …