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Global News Headlines

Wednesday, August 27, 2008

Recession

Signs of a recession are growing louder

A growing number of economists say the nation is already in recession and The Federal Reserve is acting as if a recession is imminent. David R. Francis of The Christian Science Monitor examines this issue in greater detail. (link to www.csmonitor.com)

Greece

Is Latin America beginning an arms race?

Some observers view the increased defense spending by Venezuela, Brazil, and Ecuador, coupled with significant arms purchases by Chile and Colombia, as the start of an arms race in South America. Andrew Downie of The Christian Science Monitor takes a closer look at this issue. (link to www.csmonitor.com)

China

Internet opens world for young Chinese

Young people in China are excited and emboldened by the wealth of information they are finding on the internet. "The internet has given Chinese children wings," says Sun Yun Xiao, vice president of the China Youth and Children Research Center. "As students learn from foreign cultures they will definitely feel more global and more international," says teacher Wang Zhangmin. How far this globalized generation will change the face of China is a matter of debate. (link to www.csmonitor.com)

FEMA

FEMA now appears better prepared

The Federal Emergency Management Agency (FEMA) now appears better prepared to tackle hurricanes and storm disasters. Zoe Tillman of The Christian Science Monitor takes a closer look at this issue. (link to www.csmonitor.com)

Web

Small business embraces the web

Small business owners are increasingly turning to web marketing. (link to www.usatoday.com)

Oil and Censorship

Oil powers increasing their censorship

Three world oil powers, Venezuela, Iran, and Russia, are seen as increasing their use of censorship on their own citizens. Sara Miller Llana of the Christian Science Monitor takes a closer look at recent events in these three oil-rich countries. (link to www.csmonitor.com)



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