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China: Pentagon Report Distorted Facts

BEIJING, Aug. 26 (UPI) — The U.S. Pentagon’s annual report on China’s military capabilities “severely distorted the facts,” Chinese Defense Ministry spokesman Yang Yujun said Friday. Yang voiced “strong dissatisfaction” and “firm opposition to the report, the Xinhua news agency reported. “The report does not hold water as it severely distorted the facts,” Yang said. […]

Perry Gains Support, Questions Remain

A Gallup poll released on Wednesday puts Texas Governor Rick Perry at the head of the pack for the GOP’s 2012 Presidential nomination with 29 percent of Republicans saying they support the candidate. Following Perry are Mitt Romney, at second with 17 percent, and Ron Paul, at third with 13 percent.

Obama Administration May Seek Fannie, Freddie Takeover

President Barack Obama may seek to take over Fannie Mae and Freddie Mac as part of his new jobs plan. Administration officials have hinted at some big ideas, including the move to have the government hold and lease foreclosed homes and potentially completely take over the mortgage buyers Fannie Mae and Freddie Mac.

Bloomberg Thumbs Nose At Rescue Workers, Clergy; Champions Mosque

New York Mayor Michael Bloomberg, a fierce proponent of the mosque project near Ground Zero, has denied clergy members any right to involvement in the 9/11 ceremonies.

Gold Prices Plummet Due To Possible Stabilization Of Markets

The price of gold dropped significantly as the precious metal extended its biggest slump in 18 months following decreased demand from investors due to increased margins and news of a slight economic recovery.

China Closes 1,289 Illegal Coal Mines

BEIJING, Aug. 26 (UPI) — China, cracking down on illegal coal mines blamed for a large number of deadly disasters, shut down 1,289 of them during the past year, authorities said. The nationwide effort is designed to end the illegal production of coal, Zhao Tiechui, deputy head of the State Administration of Work Safety, told […]

Irene Targets N.C Coast

MIAMI, Aug. 26 (UPI) — Hurricane conditions were subsiding over the Bahamas but forecasters in Miami said Friday Hurricane Irene was set to bear down on the North Carolina coast. In its 2 a.m. EDT update, the National Hurricane Center said the storm, a Category 3 hurricane, was about 460 miles south-southwest of Cape Hatteras, […]

Japanese PM Naoto Kan Resigns

TOKYO, Aug. 26 (UPI) — Japanese Prime Minister Naoto Kan, in office only since June 2010, resigned Friday, a move that had been widely anticipated. Kan resigned as president of the ruling Democratic Party of Japan, which in effect meant leaving the office of prime minister. Kan, who had been under intense pressure since the […]

Gunmen Set Deadly Fire At Mexican Casino

MONTERREY, Mexico, Aug. 26 (UPI) — At least 50 people died in a Mexican casino Thursday when armed men used gasoline to set a fire that gutted the building, officials in Monterrey said. The death toll, already the highest from any single incident in Monterrey, was expected to rise, The Wall Street Journal reported. Investigators […]

China Says It Will Improve Human Rights

BEIJING, Aug. 26 (UPI) — China plans a three-year national program beginning next year for human rights development, a top Cabinet official said. The national human rights action plan is designed to improve people’s basic rights, China Daily reported, quoting Wang Chen, minister of the State Council Information Office. Wang said the program will set […]


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