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Generational Dynamics Web Log for 11-Aug-2011
11-Aug-11 World View -- Taiwan exhibits anti-Chinese ship missile

Web Log - August, 2011

11-Aug-11 World View -- Taiwan exhibits anti-Chinese ship missile

North and South Korea exchange fire near their maritime border

This morning's key headlines from GenerationalDynamics.com.

Taiwan exhibits anti-ship missile as China's aircraft carrier leaves port


Taiwan's new Hsiung Feng ('Brave Wind') anti-ship missile
Taiwan's new Hsiung Feng ('Brave Wind') anti-ship missile

In a blunt challenge to China, Taiwan's military displayed a model Hsiung Feng (“Brave Wind”) III (HF-3) anti-ship missile, using as a backdrop a large picture of a burning aircraft carrier. The burning ship bore a striking resemblence to China's new aircraft carrier, which began sea trials earlier in the day. Taiwan's military had displayed the missile previously, but this was the first time it was shown in a context that prominently displayed its intended target. Taipei Times

Britain's PM David Cameron under attack for London riots

In view of four days of violence and riots in London and other cities, Britain's Prime Minister David Cameron appeared to be increasingly isolated, even deserted by people in his own Conservative Party, because of his plans to make 20% cuts in police budgets. Some commentators are pointing out that American cities will be forced to undergo similar budget cuts, and that the results may be similar violent riots. Independent

The riots in Birmigham have taken on racial overtones, after suspected rioters driving a car killed three young men in the Asian community, two of them brothers. It's believed that the drivers of the hit-and-run car were black. There have been violent outbursts between black and Asian youths in the past, and this event has infuriated the Asian community. Police are trying to head off more violence by treating it as a triple murder investigation. Independent

BRICS countries block sanctions against Syria

The army of Syria's president Bashar al-Assad continues to massacre innocent civilians, and European countries, including Britain, France, Germany and Portugal, would like the United Nations Security Council to impose harsh sanctions on Syria. But the five BRICS nations -- Russia and China, backed by India, South Africa and Brazil -- are unalterably opposed to sanctions, fearing that trying to impose them will cause a slide into a large-scale military intervention, such as the one in Libya. Reuters

A week after Saudi Arabia's King Abdullah broke his silence and condemned the violence in Syria, a human rights organization is claiming that the Syrian regime has arrested dozens of Saudis in cities across the country for no reason apart from the fact that they are Saudi citizens. Arab News

Syria's crackdown continues to erode Hizbollah's credibility

At recent protests, Syrian protesters have been unleashing their anger at Hizbollah over its blunt support for the regime of Bashar al-Assad. Some protesters have set fire to the yellow flag of Hezbollah and pictures of the group's leader, Sheik Hassan Nasrallah. This is a startling change in a country that has prided itself in supporting Hizbollah in its resistance to U.S. and Israel. AP

North and South Korea exchange fire near their maritime border

A North Korean coastal artillery battery fired three shells into waters near the Northern Limit Line northeast of Yeonpyeong Island in the West Sea on Wednesday afternoon. The South Korean military fired three K-9 self-propelled howitzer shells back. Since only one of the North Korean shells fell in South Korean waters, the Marine Corps' Yeonpyeong unit fired three shells under new operational guidelines stipulating that return fire should be at least three times more powerful than the attack. Last year, the North Koreans fired on Yeonpyeong Island, killing four South Koreans. South Korea didn't respond, but later vowed that any additional attacks would be met with an appropriate military response. Chosun

Hong Kong Stock Exchange is attacked by hackers

Hong Kong Exchanges & Clearing Ltd., the world’s biggest stock market by market value, suspended trading in several stocks on Thursday, after a "malicious attack" by hackers on the exchange's web site for corporate filings. Bloomberg

Stock market volatility causes heart attacks

A study examined the relationship between daily changes in the Shanghai Stock Exchange index and coronary heart disease deaths in Shanghai, and found that high stock market volatility causes heart attacks. European Heart Journal

(Comments: For reader comments, questions and discussion, see the 11-Aug-11 News -- Stock panic resumes on concerns over Europe's solvency thread of the Generational Dynamics forum. Comments may be posted anonymously.) (11-Aug-2011) Permanent Link
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