Latest news update of the world

The leaders of China, Japan and South Korea agreed Sunday to start talks this year on a free-trade area, saying it would boost the economies of the entire region. Chinese Premier Wen Jiabao said closer regional economic integration in response to a slow global recovery and an overall rise in trade protectionism would help unlock new growth potential. "Northeast Asia is the most economically vibrant region in the world. So there is huge potential for our three countries to have closer trade and investment cooperation," Wen told reporters in Beijing. "The establishment of a free-trade area will unleash the economic vitality of our region and give a strong boost to economic integration in East Asia." China, Japan and South Korea combined have the world's largest economy, ahead of the European Union, when measured by purchasing power parity. Wen made the remarks after meeting in the Chinese capital with South Korean President Lee Myung-Bak and Japanes...

This is the surprise video. Really it is awesome.This video has surfaced that some claim shows a saucer-shaped UFO zooming past the window of a passenger airplane flying over Seoul, South Korea. In the video, the unidentified passenger is filming the otherwise uneventful view from the plane's window. Suddenly he makes a startled sound as the white saucer-like image comes into view. Later in the video, the purported UFO image is magnified. Ultimately, it looks more like an ivory colored bowler hat than a piece of futuristic flying technology. Is this just bad computer-generated imagery (CGI) and a cheap hoax from a prankster or a genuine unidentified object caught on film? The same writer who speculates on the origin of this object also recently wrote about video taken from one of NASA's live video feeds. In that video, three objects in a triangle formation appear on screen about five minutes into the video. Someone from NASA chimes in to say the object is actually a ...

U.S. President Barack Obama is on his way to South Korea for next week's Nuclear Security Summit.  He flew out of the Washington area on Air Force One in the early Saturday morning darkness.Obama will join more than 50 world leaders for the high profile summit in South Korea's capital, Seoul.  The meeting comes as North Korea threatens to stop the progress made toward nuclear disarmament, with plans to launch a long-range rocket next month. The United States said last week the rocket launch would cancel an earlier agreement with North Korea for food aid in exchange for halting its nuclear and long-range missile programs. The White House says Obama will hold various bilateral meetings, including talks with Chinese President Hu Jintao.  Obama also plans to meet with the leaders of Kazakhstan, Russia, South Korea and Turkey on the sidelines of the summit. A White House statement Friday said President Obama will meet with Pakistani Prime Minister Yousuf Raza Gilani to re...