Wednesday, 23 May 2012 | Posted By:
| Source: CNBC.com
Egypt made history on Wednesday as it kicked off its first free presidential election and put its fragile democratic transition to the test. Just over 50 million eligible citizens are expected to cast their votes over the course of two days.
China has been quietly and gently pressuring North Korea to scrap plans for a third nuclear test, said two sources with knowledge of closed-door discussions between the countries, but there is no indication how the North will react.
Thousands of American and Philippine troops waded ashore on Wednesday in a mock assault to retake a small island in the South China Sea as tensions bubbled over rival claims to disputed areas rich in oil and gas.
China's top military newspaper warned the United States on Saturday that U.S.-Philippine military exercises have fanned risks of armed confrontation over the disputed South China Sea.
Formula One drivers will race in Bahrain on Sunday while rage boils on the streets outside, among protesters who denounce the Grand Prix as a gaudy spectacle by a ruling family that crushed Arab Spring demonstrations last year.
China has provided some assistance to North Korea's missile program, U.S. Defense Secretary Leon Panetta said on Thursday, a week after the hermit state's failed missile launch triggered broad international condemnation
India test-fired a long range missile capable of reaching deep into China and Europe on Thursday, thrusting the emerging Asian power into an elite club of nations with intercontinental nuclear weapons capabilities.
A bristling North Korea said it was ready to retaliate in the face of international condemnation over its failed rocket launch, increasing the likelihood the hermit state will push ahead with a third nuclear test.
North Korea's new leader delivered his first major public speech on Sunday as the impoverished state celebrated the centenary of its founder's birth, calling for a push to "final victory" despite a failed rocket launch two days earlier.
Although there are no shortages of veteran hiring initiatives on Wall Street, very few banks have hiring programs specifically for combat veterans. Despite all the hype, vets still have to apply online like everyone else and compete against other civilian job seekers, who typically have more relevant industry experience than they do.
The failure of North Korea's long-range rocket launch may have brought relief to the international community and got muted reaction from markets, but political analysts are now warning of a “much bigger confrontation” in the form of a nuclear test next month.
North Korea said its much hyped long-range rocket launch failed on Friday, in a very rare and embarrassing public admission of failure by the hermit state and a blow for its new young leader who faces international outrage over the attempt.
Isolated and impoverished North Korea said on Tuesday it was ready to go ahead with its proposed long-range rocket launch in a move that sparked immediate condemnation from South Korea and Russia and a plea from China, its main ally, for calm.
The United States urged North Korea on Monday not conduct a nuclear test or launch a satellite and called on China to exert its influence over its neighbor to try to ward off such "provocative actions."
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