‘Doomsday’ Clock Remains At 3 Minutes To Midnight

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Bulletin of the Atomic Scientists, right, unveils the new “Doomsday Clock. (Associated Press Photo)

 

The clock serves as a metaphor for how close humanity is to destroying the planet, and was most recently moved closer to midnight in 2015.

“It remains the closest it has been over the past 20 years,” said Rachel Bronson, executive director of  the Bulletin of the Atomic Scientists, during a press conference in the US capital. Continue reading

China in $5 bn drive to develop disputed East China Sea gas

These Chinese ‘geologists’ could also very likely be understating the true significance and size of the deposits. The state-run oil companies do the bidding of the CCP. Today’s CCP is still rooted in ancient Chinese history and follows the philosophy of Sun Tzu, therefore appearing weak when strong, and applying this method to any given situation. The territory dispute is another story. However, in hindsight, the Chinese wouldn’t be trying so hard to acquire this field given the fact that the deposit size will only contribute a fraction of the gas output they need.

BEIJING: Chinese state-run oil companies hope to develop seven new gas fields in the East China Sea, possibly siphoning gas from the seabed beneath waters claimed by Japan, a move that could further inflame tensions with Tokyo over the disputed area.

Beijing had slowed exploration in the energy-rich East China Sea, one of Asia’s biggest security risks due to competing territorial claims, but is now rapidly expanding its hunt for gas, a cheaper and cleaner energy to coal and oil imports. Continue reading

Is the Cold War Heating Up?

Sasha Cekerevac writes: Having been relegated to the history books, the Cold War between the West and the East appears to be heating up again. On one side, we have increasing tensions with China; U.S. politicians claim that China is a currency-manipulator and China has massively increased its spending in defense, which is threatening the security in that part of the world. If we look to the Middle East, tensions are now rising with Russia. Continue reading