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Wall Street Journal
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Feb 27, 08 8:37 AM CST
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A revised Microsoft bid for Yahoo may be heavily influenced by Yahoo’s Asian interests, reports the Wall Street Journal. Microsoft execs toured Asia in December and concluded that they needed a local partner there. Yahoo holds large stakes in a Korean auction site, a major Chinese search engine, and Yahoo Japan. These footholds, while passive investments now, may be the key to success in Asia, which an analyst calls "an underdeveloped but massive market."
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Washington Post
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Feb 26, 08 6:07 PM CST
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China said today it is ready to restart a discussion on human rights with the US that has been suspended since 2004, the Washington Post reports. The move, announced by Foreign Minister Yang Jiechi after a meeting with Condoleezza Rice, comes as China looks to improve its image before the summer Olympics. A growing number of Western rights groups have criticized Beijing's record in recent weeks.
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ABC News
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Feb 23, 08 7:52 AM CST
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North Korea opened its controversial Yongbyon nuclear reactor to the foreign media yesterday, the first time the 5-megawatt plant at the core of North Korea’s nuclear weapons program and the target of international disarmament talks has been seen by journalists, ABC News reports. The visit seemed to be a sign the Communist government wants a disarmament-for-aid deal to proceed.
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Wall Street Journal
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Feb 22, 08 5:12 PM CST
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China’s state-run news service has apologized for running—and honoring—a doctored photo that aided the government’s argument about a new train line's environmental impact. The 2006 image showed antelopes frolicking under Tibetan tracks, purportedly demonstrating that the beloved beasts weren’t affected by them. It worked, until sleuths noticed the telltale signs of Photoshop, the Wall Street Journal reports.
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New York Times
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Feb 22, 08 11:59 AM CST
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The US Navy's destruction of a spy satellite on Wednesday continues to stir doubts both domestically and internationally, reports the New York Times. China issued an explicit warning yesterday, and Russia has raised questions. “The geopolitical fallout of this intercept could be far greater than any chemical fallout that would have resulted from the wayward satellite,” said House Homeland Security Committee member Edward Markey.
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Washington Post
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Feb 22, 08 8:36 AM CST
(Newser) -
China says it's a "pity" that US athletes won't be joining their international counterparts at dinner tables during the Olympics this summer over worries about the safety of food and water. American athletes will ship in their own meat and eat at their own training center, and China is none too happy about the snub, says the Washington Post. Reports of meat stuffed with chemical additives and bacteria-filled water have scared the US off.
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Christian Science Monitor
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Feb 21, 08 12:47 PM CST
(Newser) -
Oil prices have jumped 16% in two weeks, and analysts tell the Christian Science Monitor the run-up couldn't come at a worse time. As the US economy flirts with recession, beleaguered consumers could end up spending their economic stimulus checks to cover even higher gas prices. The $101.32 per barrel oil gushed to yesterday is attributed to cuts in production and fears that OPEC may trim output further at its meeting next month
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BusinessWeek
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Feb 20, 08 1:19 PM CST
(Newser) -
Activists are preparing to plaster college campuses with posters with charges like “McDonald’s: Proud Sponsor of the Genocide Olympics,” hoping to pressure multinational corporations sponsoring the Beijing Games into doing more about Darfur, BusinessWeek reports. Buying oil from Sudan makes China a sponsor of the region's genocide, the thinking goes, and Olympics backers like McDonald's are sponsoring the sponsors of the killing.
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AFP
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Feb 19, 08 7:22 PM CST
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Halfway through his African tour, President Bush stopped in Rwanda today and honored the 800,000 killed in the country's 1994 genocide, the AFP reports. He also vowed $100 million to help curb Darfur fighting and urged other nations to do the same, but he defended his choice not to send troops there. "I'm comfortable with the decision I made," he said.
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Washington Post
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Feb 19, 08 6:26 AM CST
(Newser) -
The Chinese facility that supplied the active ingredient of the blood-thinner heparin, linked to hundreds of adverse reactions and four US deaths, was never inspected by the FDA because the agency confused it with another plant of the same name, the Washington Post reports. The company was given approval based on an earlier FDA inspection of the other factory. "The wrong firm was put into the database," said the FDA's deputy director.
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Xinhua (China)
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Feb 18, 08 7:12 PM CST
(Newser) -
Twenty-four people died and five were wounded in a blast at an illegal iron mine in China yesterday, Xinhua reports. Mine owners, who fled the scene, had masked the site as a boar farm to dupe authorities. "The owner has violated the law by illegally exploring the state-owned resources," an official said. Rescue crews unearthed miners today, including trapped survivors, but found no cause for the blast.
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New York Times
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Feb 18, 08 3:50 PM CST
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Even as Apple toils to build exclusive deals with local phone companies and gradually release iPhones abroad, smugglers aren’t holding their breath, and the device is already taking China by storm. As many as one in three iPhones sold last year was unlocked and reprogrammed, the New York Times reports—a blow that could cost Apple $1 billion over the next 3 years.
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BBC
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Feb 17, 08 5:23 AM CST
(Newser) -
Russia's not buying the US military's story that it must shoot down an errant spy satellite before it crashes to Earth with its load of toxic fuel, the BBC reports. The Kremlin says America is using the incident as an excuse to test a new generation of space weaponry and its "capability to destroy other countries' satellites."
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BBC
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Feb 15, 08 3:35 AM CST
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President Bush has defended his decision not to send US troops to Darfur to stop the genocide taking place in the troubled African region. The choice was partly due to a desire not to intervene in another Muslim country, he told the BBC. Bush is scheduled to leave today for a visit to five African countries, but may be delayed if the controversial eavesdropping bill he backs continues to be held up in Congress.
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Associated Press
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Feb 14, 08 12:03 PM CST
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The Pentagon is planning to shoot down a malfunctioning spy satellite in orbit, the AP reports, rather than run the risk of it crashing to Earth—and possibly into unfriendly hands. The powerless satellite is currently expected to hit somewhere on Earth the first week of March; the US would fire modified missiles at it from ships off Hawaii before then.
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Wall Street Journal
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Feb 14, 08 4:46 AM CST
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