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Gold Beats Treasuries – Because Trust Is the Real Reserve

A Turning Point in Global Reserve Management

For the first time since 1996, foreign central banks now hold a larger share of their international reserves in gold than in U.S. Treasuries.

 

Rights group says 20 missing after deadly Indonesia protests

JAKARTA 3 Sept (AFP) - At least 20 people are missing after violent protests, sparked by lavish perks for Indonesian lawmakers that have widened to include anger against police, a rights group said on Tuesday.

 

Xi says China 'unstoppable' in parade opening speech

BEIJING 3 Sept (AFP) - President Xi Jinping said China was "unstoppable" in a speech on Wednesday to kick off a massive parade in Beijing marking 80 years since the end of World War II.

 

US ends tariff exemption for small packages shipped globally

WASHINGTON 29 Aug (AFP) - The United States on Friday ended tariff exemptions on small packages entering the country from abroad, in a move that has sparked concern among small businesses and warnings of consumer price hikes.

 

Journalists rally in London to support colleagues in Gaza

LONDON Aug 28 (AFP) - Journalists in the UK rallied Wednesday in central London in solidarity with colleagues in Gaza, in the wake of two Israeli military strikes earlier this week that killed five journalists.

 

Can a giant seawall save Indonesia's disappearing coast?

PEKALONGAN, Indonesia Aug 28 (AFP) - The encroaching ocean laps against a road in Karminah's village, threatening her home on Indonesia's Java island, where the government says it has a plan to hold back the tide.

 

China Evergrande Group delisted from Hong Kong stock exchange

HONG KONG Aug 25 (AFP) - Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for the once-booming property developer.

 

China coal power surges even as renewables hit record high

BEIJING Aug 25 (AFP) - China saw a surge in new coal power in the first half of the year even as the country added record levels of clean energy capacity, according to a report published Monday.

 

Cambodia MPs pass law allowing stripping of citizenship

PHNOM PENH Augt 25 (AFP) - Cambodian parliamentarians passed legislation on Monday allowing people who "collude" with foreign countries to be stripped of citizenship, a law rights groups fear will be used to banish dissent.

 

Documents show New Zealand unease over Chinese warships in South Pacific

SYDNEY Aug 22 (AFP) - China set off alarm bells in New Zealand when it dispatched powerful warships on unprecedented missions in the South Pacific without explanation, according to military documents obtained by AFP.

 

The turbulent history of Thailand's Shinawatras

BANGKOK Aug 22 (AFP) - Thailand's billionaire Shinawatra dynasty has dominated the kingdom's politics for 25 years, despite coups and court cases including Friday's lese-majeste acquittal of its patriarch.

 

German firm gives 'second life' to used EV batteries

AACHEN, Germany Aug 21 (AFP) - A German company is putting used electric vehicle batteries to new use by stacking them into fridge-size units that homes and businesses can use to store their excess solar and wind energy.

 

Israel approves plan to conquer Gaza City, calls up reservists

TEL AVIV Aug 21 (AFP) - Israel's defence minister on Wednesday approved a military plan for the conquest of Gaza City, authorising the call-up of about 60,000 reservists, piling pressure on Hamas as mediators push for a ceasefire.

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