Staff / TruthdigJan 21, 2010
Even in the face of the global economic crisis, China's economy still managed to grow by a surprising 8.7 percent last year, according to the bean-counters in Beijing, putting the country on track to overtake Japan as the world's second-biggest economy. Dig deeper ( 1 Min. Read )
Staff / TruthdigOct 22, 2009
There's a capitalist mantra that says if one person doesn't do something well enough, someone else will always come along to do it better. Well, it turns out that "one person" is us in this scenario, the "someone else" is Chinese carmaker BYD, and "it" is an electric car that can travel 250 miles on one charge. Dig deeper ( 1 Min. Read )
Staff / TruthdigOct 22, 2009
As the U.S. struggles to recover its footing due to the economic crisis, China is expecting yet another stellar year as it reports that the country's economy is on track to reach its target of 8 percent GDP growth this year. Dig deeper ( 1 Min. Read )
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Staff / TruthdigJan 3, 2009
Following in the footsteps of 2008's dismal economic news, global manufacturing has fallen to low levels unseen for decades. In the U.S., factory activity has dropped to a 28-year low, marking a slump that further adds to the bad economic trends as we enter 2009. Dig deeper ( 1 Min. Read )
Staff / TruthdigJul 4, 2008
While environmentalists and opponents of foreign oil may have found common cause in the use of biofuels, a new, confidential World Bank report estimates that the recent increase in plant-based fuel production has actually contributed to a 75 percent rise in global food prices, sparking riots across the world and pushing millions beneath the poverty line. Dig deeper ( 1 Min. Read )
Staff / TruthdigSep 2, 2006
Opium production in Afghanistan is at the highest level ever recorded and shows an increase of 50 percent from last year. The increase in opium cultivation is a result of the resurgence of Taliban rebels. The head of the United Nations Office on Drugs and Crime, Antonio Maria Costa, said in a statement: ?The southern part of Afghanistan was displaying the ominous hallmarks of incipient collapse, with large-scale drug cultivation and trafficking, insurgency and terrorism, crime and corruption.? Dig deeper ( 1 Min. Read )
Staff / TruthdigAug 19, 2006
Ford announced its largest production cuts in 20 years, blaming high gas prices for customers shifting away from its pickups and SUVs and toward higher-mileage models
We were wondering how long it would take Americans to wean themselves from their SUV addiction
Now, if we could just get a few more of these next-generation electric cars on the road. Dig deeper ( 1 Min. Read )
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