Jiang Shixue is describing to me one of the most exciting moments of his life: The moment earlier this month when one of the most important people in Europe — German Chancellor Angela Merkel — came to visit his workplace.
"She said that the EU would be happy to see if China can offer a kind of helping hand," says Jiang, an academic at the Chinese Academy of Social Sciences.
In Athens on Tuesday, Greek pensioners marched in protest against new austerity cuts. The eurozone insists Greece must stick to hugely unpopular austerity measures agreed to in return for a 130 billion euro debt bailout.
Originally published on Tue February 14, 2012 6:12 am
This January 19, 2012 image provided by the US Navy, shows the Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) transiting the Arabian Sea.
Credit AFP/Getty Images
For the second time in recent weeks, the USS Abraham Lincoln has passed through the Strait of Hormuz. If you remember the strait has been central in the diplomatic rift between Iran and the United States.
Reacting to sanctions imposed by the United States and approved by the European Union, Iran has threatened to close the narrow strait through which about 20 perent of the world's oil exports passes through.
European Central Bank President Mario Draghi says he's been told by GreekPrime Minister Lucas Papademos that a deal has been reached on new austerity measures that Eurozone finance ministers have been seeking from Greece before it gets a crucial $173 billion bailout, The Financial Times is reporting.