Report: China, India to Overtake U.S. Economy


Our children and grandchildren will live in a vastly different global economy China and India have ramped up investment in public education, increasing high school attendance and graduation rates. Someday, U.S. economic dominance will be a distant memory. A new report is showing just how soon that might be. The paper, from the Organization for Economic Cooperation and Development, a European-based think tank, shows that over the next 50 years, the size of China and then India’s economies will surpass that of the U.S. [READ: An Extremely Simple Explanation of the ‘Fiscal Cliff’] According to the report, the global economy is expected to undergo seismic shifts over the next 50 years. China…

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Bradley Manning 'offers guilty plea' in Wikileaks case

The alleged source of the Wikileaks revelations has offered to plead guilty to lesser offences than those with which he is charged, says his lawyer. US Army Private Bradley Manning faces a life sentence if found guilty at his Maryland court martial of aiding the enemy – one of 22 […]