US Tightens Off-shore Regulations
This is actually pretty obvious with the grand scheme of BP oil spill and all. What's important to know is to acknowledge the dangers of off-shore drilling, and understand that we really should be going away from using oil as our primary source of fuel.
China is now the second largest economy in the world
Yup. That was coming. This quarter has shown that China has now surpassed Japan as the second largest economy in the world (at something like 1.33 trillion). So the rising powers of those "Cruddy Chinese Communist Spies" are totally going to catch up to the almighty superpower of the US and cause the world to become like totally havoc. Or nobody cares because China is only communist in name and capitalistic in nature. Figures.
(source NY Times...when I was reading it this morning in lecture)
Pakistan not looking too hot
That flood there is leaving many homeless and stranded. The irony is that in general most of us are unaware of the millions being affected each year due to floods (China pretty much gets a couple every year...), while there was an increcible about of public outcry for New Orleans after Katrina. Again, I guess this has a lot to do with how close this is to home. Direct impact is one of the things that actually kills apathy.