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Auto Outlook: Toyota bullish on U.S. comeback
BEIJING, Jan. 19 (UPI) -- Online games players are helping China overtake the United States as the world's largest nation of Web users.
An estimated 210 million Chinese used the Internet last year, just 5 million fewer users than in the United States, The Daily Telegraph reported Saturday.
More than 70 million Chinese started using the Internet last year, suggesting China will take a strong lead in Internet use in the coming months, the Telegraph said.
Nearly 40 million Chinese subscribe to Internet gaming services, the Telegraph reported, noting the government plans to more closely regulate the gaming industry because of fears it is addictive and encourages juvenile crime.
While the explosion in Internet use in China has weakened the government's tight grip on the release of information, the government also has an army of Internet police to ensure the most sensitive topics, such as opposition politics, are avoided, the Daily Telegraph reported.
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BAGHDAD, Feb. 14 (UPI) --
U.S. supermajor Exxon Mobil won't be able to take part in an oil and natural gas licensing auction scheduled for May in Iraq, a spokesman said.
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WASGHINGTON, D.C., Feb. 13 (UPI) --
Defense industries are weighing the potential impact of proposed defense cuts running into tens of billions of dollars over the next 10 years.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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President Barack Obama has revealed a budget that, once again, will give the Republican party a chance to show that vitriol is more fun than compromise.
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