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Obama Wimps out on Egypt

The revolution in Egypt is not Islamic

Alarming China Factoid of the Day

Beijing’s R&D budget: 5 trillion yuan (US$758.4 billion)

Sean Darby, Asia strategist for Nomura international (HK) Ltd., estimated the amount of spending over the next five years in a report this week at 5 trillion yuan (US$758.4 billion), an even bigger amount than the mammoth – and successful – 4 trillion yuan stimulus package announced by the central government in 2008 as an attempt to minimize the impact of the global financial crisis.

Hugh Peyman, the managing director of Research-Works, the leading independent equities research firm based in China, told Asia Sentinel that “It will be larger than people think. We are 60 percent of the way through a 25-year program to get R&D up to 2 percent of GDP, yet 75 percent of the spending lies ahead in the last decade to 2020.”

(…)


The Who – Substitute

Music video by The Who performing Substitute. (C) 1988 Polydor Ltd.


A Random Succession of Times

Red Links, 9-25-10

The EconomistIt’s the “China Lurking” edition. Whether it’s in Juba, Tokyo, or Pyongyang, or in the wallet and in the White House, Chinese actions in its backyard and farther abroad are stirring trouble. And, for Indians, comparisons with China are in the foreground because of the hash New Delhi is making of the Commonwealth Games. I’ve never thought highly of white elephant sporting events as economic engines, so I hope the Indians can end the fad altogether.

As for the Sino-Japanese row over goat-infested islands, I see no reason to change my opinion here.


The Night Lights of Busan




Busan Port

Originally uploaded by flowing river

Sukjin Kim snapped this dazzling port-view photograph of South Korea’s second-largest city, Busan.


Blue Crabs Oozing Oil


Nobody Else’s Doing It! (Video)

My wife has no sense of humor – hates any talk of those embarrassing northerners or their southern paleo-conservative cousins – but this is just hilarious! (via Nukes of Hazard et al)



Red Links, 8-26-10

Teaching English?The topic of resource wars has become a continuing fascination for me in my grad studies. The topic combines war and three of my favorite things, food, water, and cheap electricity. So, KNOC looking for oil gets my attention. But, so does Brazil and America’s ebbing power. The Economist has taken a principled stance, that neither Democrat nor Republican knows much about the state of the world economy. Finally, how much military force do advanced states need?


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