Word: enough
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...forces emerges as a result of China's success and not always because of what we do or don't do. It's an instinct that won't disappear in the face of U.S. concessions or growing Chinese wealth. If the U.S. keeps waiting for China to get rich enough or developed enough to buy easily into the American model of the world, then it will wait forever...
...Both politically and economically speaking, this gets it about right. The reason it's in China's economic interest to allow the RMB to rise a bit is plain enough: At a moment when much of the world is still trying to climb out of a disinflationary hole, China's got a burgeoning inflation problem. Prices are rising at about 3% annually now, and it's now got its own real estate bubble to deal with. Cooling things off a bit is clearly the government's priority this year, and a rising currency helps. It makes imports more affordable...
...deputy administrator for the U.S. National Nuclear Security Administration (NNSA), had arrived in Santiago, Chile, to join a group of scientists and nuclear engineers on a top-secret mission to remove a potential nuclear bomb from the country. Around 40 lb. (18 kg) of highly enriched uranium (HEU) - with enough latent energy to destroy a portion of a city - had already been inventoried, secured and made ready for transport to a highly secure facility in the U.S. Running ahead of schedule, Bieniawski had taken his team out for dinner with Chilean nuclear agency officials before heading to bed. Then...
...told, over several decades, the five permanent members of the U.N. Security Council distributed some 44,000 lbs. (20,000 kg) of HEU - enough for 800 nuclear weapons - to around 50 countries as diverse as Australia, Jamaica and Vietnam. Although that figure is a drop in the bucket compared with the estimated 4.4 million lbs. (2 million kg) of HEU in weapons and storage in the U.S. and Russia, the Atoms for Peace HEU is of particular concern because it is used in civilian reactors that are often poorly guarded and vulnerable to theft. As William Potter, director...
...When the convoy carrying the HEU arrived at Valparaiso, two NNSA ships were anchored a short distance from the coast; the agency had decided to split up the material so that neither ship would carry enough HEU for an atom bomb. But as long as the HEU remained on land, it was vulnerable. About a dozen dockworkers moved freely among the containers. Two of the three bottles of Champagne Bieniawski had taken along for postshipment celebrations were stolen. By 9:45 a.m., the final shipping container was ready to load onto the first ship. As it hoisted the container into...