United States and China Pledge to spur the World Economic Growth in Rebalance

On July 28, 2009-- U.S.A and Chinese economic leaders pledged to make up their mind to make efforts to rein in trade and investment imbalances, contributed to the global crisis.
Let us take a back look at the trade between the USA and China in the post few years.
U.S. citizen relied on borrowing to finance their purchases, contributing to an export boom from Asia, which seems to be good news to Asia.

On the other hand, as China and other Asian countries like Japan accumulated dollars from trade surpluses. In fact Lower borrowing costs helped stoke the housing and credit booms that turned to bust in 2007.
The aim of the dialogue between China and the U.S. is to bring about more balanced and sustainable global economic growth after a global recovery is firmly established. Both two sides have confidence to achieve this mission.
Will it take action to win the praise from the world?
TBD
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Nuclear meetings between Iron and US

Latest news on the Iran nuclear affairs
US Wants Iran Answer on Nuclear Talks by September
U.S. Defense Secretary Robert Gates says the Obama administration hopes Iran will respond to an offer for talks on its nuclear program soon.
Gates spoke in Israel, where he is discussing Iran's nuclear ambitions with top officials. He said Washington hopes Iran will answer the diplomatic overture in time for the opening of the U.N. General Assembly in September.
While in Israel, Gates is meeting with Prime Minister Benjamin Netanyahu and Defense Minister Ehud Barak. U.S. envoy George Mitchell held talks with Barak on Sunday and meets Mr. Netanyahu on Tuesday.
Gates and Mitchell are on separate trips in the Middle East as part of a U.S. push for peace in the region.
After talks in Syria Sunday, Mitchell said U.S. President Barack Obama is determined to facilitate a comprehensive peace between Israel and all its Arab neighbors.
The American diplomat said resuming peace negotiations between Syria and Israel is a "near-term goal."

Syria suspended peace talks with Israel after Israel launched a military offensive against the Palestinian militant group Hamas last December.
The U.S. special envoy to the Middle East is now in Egypt to discuss the stalled Middle East peace process with President Hosni Mubarak. He will then travel to the West Bank for talks with Palestinian Authority President Mahmoud Abbas.
Mitchell's agenda includes pressing Israel to halt Jewish settlement expansion in the West Bank and disputed East Jerusalem.
Israel has rejected U.S. demands for a total freeze on settlement construction, souring relations with Washington. But Prime Minister Netanyahu has downplayed the disagreement.
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HP Pavilion dv6000 review

Any idea of buying the HP pavilion dv6000?
Take a glance:
1. Intel T7400 Core 2 Duo Processor running at 2.16GHz
2. 15.4 inch widescreen display with 1280 x 800 resolution
3. 802.11 a/b/g support
4. 5 in 1 media card
5. 1.3 megapixel digital camera
6. 1GB RAM
7. 100GB HDD
It is known to us that while there’s a new chip on the inside, HP didn’t alter the design of the slick HP Pavilion dv6000. The glossy piano-black finish and gray pinstriping outside (with that color scheme reversed inside) looks stunning. Even better, the Pavilion dv6000 has the features and performance to complement its good looks like dell inspiron 1300, Dell Latitude D820 and other Laptops.
This six-pound notebook features a 15.4-inch widescreen LCD with a comfortable 1280 x 800-pixel native resolution. DVDs looked great on this display, and we like HP’s QuickPlay feature for launching and controlling multimedia files without booting up Windows. Viewing-angle performance was typical for this class of panel: good from side to side, but images looked washed-out when it was viewed from above.
The real draw, of course, is the performance. The Core 2 Duo processor helped the Pavilion dv6000 deliver the best MobileMark 2005 score we’ve ever seen from a mainstream portable (279)--a full 50 points better than the identical machine configured with the older Core Duo CPU. HP Pavilion dv6000 Battery life was almost 4 hours.
Was it worthy of being bought?
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