The ILO's latest report says that 85 million young people around the globe are jobless. Hardest hit: Southeast Asia where youth unemployment has risen 85 percent over the past decade. Ruth Kirchner reports.
Condoleeza Rice goes all the way to China, has a bunch of meetings about North Korea, and says all the usual things. And what it all comes down to is what some key Chinese bankers decide? Ruth Kirchner reports.
In a clear sign that China is prepared to increase pressure on Kim Jong Il to halt North Korea's nuclear program, some Chinese banks have stopped financial transfers to the isolated country. Ruth Kirchner reports.
Secretary of State Condoleezza Rice is in Seoul today and Beijing tomorrow to try to bolster support for enforcing UN sanctions against North Korea, but she may be in for a lukewarm reception. Ruth Kirchner reports.
China's largest trading partner in the European Union is Germany, with bilateral trade reaching $63.2 billion last year. Ruth Kirchner reports on the cozy business relationship between the two countries.