Just when it looks like the Fed might be ready to lower interest rates in the U.S., the European Central Bank has indicated it may raise rates over inflation worries. And at least one EU member state says the ECB's got it wrong, Stephen Beard reports.

Taiwan and China have a long-standing disagreement, to put it diplomatically, over whether Taiwan is independent. And China's powerful economy has forced the tiny island to be resourceful in gaining recognition from other nations. Dan Grech explains.

The IOC has warned Beijing that it needs to do something about its pollution problem or risk losing some events during the 2008 Olympics. So the Chinese government forced some 1.3 million cars off the roads in a four-day experiment to clean up the air.

Globalization has reached grade school. Thanks to the Internet and a little entrepreneurial spirit, some students are getting help with their studies from tutors on the other side of the world. Francesca Segre reports.