Leaders in both Washington and Beijing have been fretting openly about the mutual dependence ”” some would say codependence ”” created by China’s vast holdings of United States bonds. But beyond the talk, the relationship is already changing with surprising speed.

China is growing more picky about which American debt it is willing to finance, and is changing laws to make it easier for Chinese companies to invest abroad the billions of dollars they take in each year by exporting to America. For its part, the United States is becoming relatively less dependent on Chinese financing.

China has actually bought Treasury bonds at an accelerating pace over the last year ”” notwithstanding Chinese officials’ complaints about American profligacy. But the borrowing needs of the United States government have grown even faster. So China represents a rapidly shrinking share of overall purchases of Treasury securities. “China’s demand for Treasuries has increased over the past year, but it hasn’t increased at anything like the pace of the Treasury’s sale of new Treasury bonds,” said Brad W. Setser, a specialist in Chinese financial flows at the Council on Foreign Relations.

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An unreleased Pentagon report concludes that about one in seven of the 534 prisoners already transferred abroad from the detention center in Guantánamo Bay, Cuba, has returned to terrorism or militant activity, according to administration officials.

The conclusion could strengthen the arguments of critics who have warned against the transfer or release of any more detainees as part of President Obama’s plan to shut down the prison by January. Past Pentagon reports on Guantánamo recidivism have been met with skepticism from civil liberties groups and criticized for their lack of detail.

The Pentagon promised in January that the latest report would be released soon, but Bryan Whitman, a Pentagon spokesman, said this week that the findings were still “under review.”

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God may provide, but the state may not when it comes to unemployment benefits for employees laid off by churches, synagogues and other religious groups.

Carol Bronson discovered that a few months ago after she lost her secretarial job at Temple Emanuel synagogue in Virginia Beach. Bronson assumed she could draw unemployment benefits, but when she filed a claim, she was denied.

It was a hard way to learn that under Virginia law, as in many states, tax exemptions for religious organizations include freedom from paying unemployment taxes, though the IRS requires they pay Social Security and withholding taxes.

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The Federal Reserve’s latest forecasts for the U.S. economy are gloomier than the ones released three months earlier, with an expectation for higher unemployment and a steeper drop in economic activity.

The Fed’s forecasts, released as part of the minutes from its April meeting, show that its staff now expects the unemployment rate to rise to between 9.2% and 9.6% this year. The central bank had forecast in January that the jobless rate would be in a range of 8.5% to 8.8%, but the unemployment rate topped that in April, hitting 8.9%.

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Four New York City men were arrested Wednesday in connection with an alleged plot to blow up New York City synagogues and other city locations, WNBC’s Jonathan Dienst has learned.

Raids by the FBI-NYPD Joint Terrorist Task Force in the Bronx captured the suspected ringleader and three followers in what law enforcement sources are calling a homegrown terrorist plot.

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Poitier’s memoir, Life Beyond Measure, now in paperback, is a series of letters to his great-granddaughter Ayele, taking her back to the moments that shaped him. His chapter on people of courage ends with his own father, Reginald Poitier.

“He was honest,” Poitier tells NPR’s Renee Montagne. “My father was the quintessential husband and dad.”

When Poitier was a teenager he left his native Bahamas for better opportunities in Miami. His father took him to the dock, gave him a lecture and then put $3 in his hand. “He said, ‘take care of yourself, son.’ And he turned me around to face the boat,” Poitier says.

Caught this one on the midday run and loved it. He has a wonderful voice. Listen to it all.

Christians in Britain are mobilizing support after the Government moved to restrict freedom of speech provisions that could affect churches.

The Coroners and Justice Bill saw its Second Reading Debate in the House of Lords on Monday, May 18. At the centre of concerns are protections for religious workers who might oppose homosexuality. The Government has moved to restrict those who would be protected, and church groups, including the Church of England, have expressed concern at the lack of consultation.

Critics say that the Government is attempting to use the Coroners and Justice Bill to remove the free speech provision from the Criminal Justice and Immigration Act 2008. If the provision is removed, they say, doubt would be cast upon the legality of discussing or criticising homosexual practice.

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Iranian President Mahmoud Ahmadinejad announced Wednesday that his country had successfully launched a medium-range missile, just two days after President Obama and Israeli Prime Minister Binyamin Netanyahu discussed the importance of halting Iran’s nuclear ambitions.

The missile was test-fired in Semnan province, east of Tehran. Ahmadinejad visited the province Wednesday as part of a campaign tour in advance of national elections June 12.

The hard-line Iranian leader told a crowd of several thousand that the missile — which according to previous descriptions by Iranian officials would be capable of striking Israel or U.S. bases in the Persian Gulf region — was an important scientific achievement. But he also described the launch in belligerent terms as a blow to those trying to thwart Iran’s nuclear program.

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The Vatican’s official newspaper called President Obama’s commencement speech at the University of Notre Dame on Sunday (May 17) part of his “search for common ground” with opponents of legalized abortion.

“The search for common ground: this seems to be the path chosen by the president of the United States, Barack Obama, to face the delicate question of abortion,” said an unsigned article in the Monday (May 18) edition of L’Osservatore Romano.

The paper said that Obama’s Notre Dame speech “confirmed what he expressed at the press conference marking his first 100 days in the White House,” when he said that the Freedom of Choice Act, which would remove restrictions on abortion, was “not my highest legislative priority.”

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Unfortunately, the Episcopal Church in America (TEC) and a few other churches were strongly opposing the idea of the Covenant especially section 4[2]. Their excuse was that this section is new and has not been studied enough by the Provinces as the other sections have been. They have forgotten that this particular section of the Covenant is in fact the outcome of many deliberations and responses that came from dioceses as well as bishops who attended the Lambeth Conference in 2008. In addition to this, section 4 was already present in the commentary of the St. Andrews draft of the Covenant that was sent to the provinces after the Lambeth Conference. I personal believe that we will never have a perfect Covenant that could be accepted by all, even if we spend another 10 years working in it. TEC also described section 4 as “punitive.” In response to this, it was clarified that the Covenant gives guidance to the Provinces which are responsible for making their own decisions. The Covenant also does not require any changes in the constitutions of the Provinces. In addition to this, section 4 allows Provinces to make amendments to the Covenant after it is accepted. In fact, it is because that section 4 is not strong enough many conservatives described the Covenant as very weak and useless.

My own impression is that the fear behind accepting the text of the Covenant, especially section 4, originates from the desire to avoid anything binding which would affirm the interdependence of the Anglican churches. Denying the interdependence of churches is contrary to the very meaning of the word “Communion.” For this reason without this section, the “Covenant” would not be a Covenant and the word “Communion” would lose its meaning.

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What mattered [in making the most effective C.E.O.’s], it turned out, were execution and organizational skills. The traits that correlated most powerfully with success were attention to detail, persistence, efficiency, analytic thoroughness and the ability to work long hours.

In other words, warm, flexible, team-oriented and empathetic people are less likely to thrive as C.E.O.’s. Organized, dogged, anal-retentive and slightly boring people are more likely to thrive.

These results are consistent with a lot of work that’s been done over the past few decades. In 2001, Jim Collins published a best-selling study called “Good to Great.” He found that the best C.E.O.’s were not the flamboyant visionaries. They were humble, self-effacing, diligent and resolute souls who found one thing they were really good at and did it over and over again.

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Q: “Angels and Demons” presupposes a natural hostility between the Christian faith and modern science. What do you think about this?

Father Wauck: It’s relatively easy for people to see that a lot of the great art of the Western World — music, painting, sculpture, literature, architecture — is the product of a Christian culture, often inspired by the faith or even funded by the Church. That seems obvious. But what people don’t realize is that something similar is true of the sciences.

Think about it. Universities are an invention of the Church. Copernicus was a Roman Catholic cleric, and he dedicated his book on the heliocentric universe to the Pope. The calendar we use today is the Gregorian Calendar, because it was promulgated by Pope Gregory XIII, who was working with the best astronomers and mathematicians of his time. Galileo himself always remained a Catholic, and his two daughters were nuns. One of the greatest Italian astronomers of the 19th century was a Jesuit priest, Angelo Secchi. The father of modern genetics, Gregor Mendel, was a Catholic monk. The creator of the “Big Bang” theory was a Belgian priest, Georges Lemaitre.

In short, the idea that there is some natural tension between science and the Church, between reason and faith, is utter nonsense.

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Richard Holloway says the worldwide Anglican Church has made room for “happy clapping” evangelicals, bells-and-smells Catholics, women priests and, in the United States, openly gay clergy and even practitioners of other faiths. So surely, he argues, it can find room for people like him – Christians who don’t believe in God.

Holloway, contrary to popular belief, has not left the Episcopal Church, as Scottish Anglicanism is known. He may have taken early retirement as Bishop of Edinburgh but the writer remains an ordained priest and consecrated bishop, who still preaches from the pulpit, performs baptisms and weddings and even presides at communion.

“I had a crisis in 1998 and I was in a kind of internal exile for a bit,” he told the Herald yesterday, while en route to Sydney, where he is a speaker at the Sydney Writers’ Festival.

“I am in a slightly mellower place with the church right now. I’ve still got my pilot’s licence, so to speak. They didn’t take it away from me.”

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Most mainline Protestant clergy do not support legalizing gay marriage, even if they’re not required to officiate at same-sex ceremonies.

It was the only point on which the majority did not support gay rights, according to a survey of clergy from the seven historic mainline Protestant denominations to which 18% of Americans belong.

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I have great respect for Kevin, and great regard for the Diocese of Northern Michigan. It saddens me greatly, therefore, to tell you that I am unable to consent to this election. As I have said, many issues have been raised; I will name only one: Kevin’s revision of our liturgy of Holy Baptism.

It is of course true that ours is a living tradition, and that as the Church’s context changes, its liturgy will also change. The Church must have zones of innovation for the responsible exploration of such change. But these must be established within canonically acceptable boundaries, and they must be conducted in a way which is accountable to the whole church. I have concluded that the changes Kevin made, and the manner in which he made them, however much designed and intended to be responsible and accountable, quite simply exceeded the authority of any bishop and diocese, let alone rector and parish. It is not that the liturgy of Baptism cannot be changed, and indeed might not one day be changed; my concern is that this liturgy is so very essential to our identity and to our understanding of our mission that any revision can only be undertaken after very careful consideration by all of us, authorized only by the whole of our church through legitimate processes. Not only has that not been done in this instance; I am not confident that, for all his very immense talents and deep commitment to serve this church, Kevin will refrain from future unauthorized experimentation. In my judgment, that lack of assurance is critical.

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…it is quite astounding that the mainstream liberal media ”” NY Times, Washington Post, NPR, PBS, Time, Newsweek, etc. ”” has simply offered no substantive criticism of Obama’s flips on renditions, military tribunals, wiretaps, intercepts, Iraq, or ”” given their past fury over the Bush deficits ”” the Obama plan to run up more red ink in a year than Bush did in eight.

Bush was constantly criticized by mainstream conservatives for his comprehensive immigration proposals, for deficit spending, for failure to veto any bills in the first term, for No Child Left Behind, for the prescription drug benefit, for the Harriet Miers nomination, for the first pullback from Fallujah, for appointments like Scott McClellan and “Brownie,” etc.

The result, I think, will prove fatal for the media. For the last eight years, rendition (hey, they even made a hit-piece movie about the supposedly awful practice), intercepts, military tribunals, and Iraq were sort of the refrains of the liberal-media choruses. Looking back, in light of the Obama media, was such hysteria simply politics, pure and simple? Bush did it: bad; Obama did it: fine?

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Earlier this month, the Chinese government announced it was setting up a body to regulate the stem cell therapy sector, to stop unlicensed bodies setting up to cash in on what is a major growth market.

However, the regulations are still in an early form, and Beike is strongly supported by local government agencies, and is unlikely to fall foul of new rules.

Stories of patients travelling to China for costly stem cell therapies depress Dr Stephen Sullivan, visiting research fellow at Trinity College Dublin.

“It’s not because of the loss of money, but rather that stem cell research has yet to give patients and their loved ones a legitimate option,” he says.

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Believers are certainly going to take issue with [the idea that God is an illusion]. And so do many scientists. I put the question to New York University’s [Orrin] Devinsky. Does the fact that we can track spiritual feelings in our temporal lobe mean that there’s nothing spiritual going on?

“No,” he says simply.

Think about a man and woman who are in love, Devinsky says. They look at each other, and in all likelihood, something fires in their temporal lobes.

“However, does that negate the presence of true love between them?” he asks. “Of course not. When you get to spirituality, as a scientist I think it really becomes extremely difficult to say anything other than, ‘It’s possible.’

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At first glance, the sweeping credit card legislation that passed the Senate on Tuesday looks like a huge victory for consumers. The bill, after all, contains relief from penalty fees and certain interest rate spikes.

But for people who pay off their bills each month, and milk the card rewards programs for everything they’re worth, there is some cause for concern.

For months now, the card companies have been threatening to cut rewards programs sharply to make up for revenue lost because of the new restrictions.

My guess, however, is that this talk is just so much saber-rattling.

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Still, opposition to abortion is hard and real, the signpost at the intersection of Catholicism and American public life. And those who””by inclination, or politics, or class distinction””fail to grasp this fact will all eventually find themselves in the situation that Fr. Jenkins has now created for himself. Culturally out of touch, they rail that antagonism must derive from politics or the class envy of their lesser-educated social inferiors. But it doesn’t. It derives from the sense of the faithful that abortion is important. It derives from the feeling of Catholics that, however far they themselves may have wandered, the Church ought to stand for something in public life””and that something is opposition to abortion.

“There is a political game going on here, and part of that is that you demonize the people who disagree with you, you question their integrity, you challenge their character, and you brand these people as moral poison,” Fr. Kenneth Himes, chairman of the theology department at Boston College, told the Boston Globe about the controversy at Notre Dame. As James Taranto of the Wall Street Journal noted, this was the same Fr. Himes who in 2006 wrote the faculty letter objecting to an honorary degree for Condoleezza Rice””a letter that read, “On the levels of both moral principle and practical moral judgment, Secretary Rice’s approach to international affairs is in fundamental conflict with Boston College’s commitment to the values of the Catholic and Jesuit traditions and is inconsistent with the humanistic values that inspire the university’s work.”

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Some soccer moms will have to give up hulking SUVs. Carpenters will still haul materials around in pickup trucks, but they will cost more. Nearly everybody else will drive smaller cars, and more of them will run on electricity. The higher mileage and emissions standards set by the Obama administration on Tuesday, which begin to take effect in 2012 and are to be achieved by 2016, will transform the American car and truck fleet.

The new rules would bring new cars and trucks sold in the United States to an average of 35.5 miles per gallon, about 10 mpg more than today’s standards. Passenger cars will be required to get 39 mpg, light trucks 30 mpg.

That means cars and trucks on American roads will have to become smaller, lighter and more efficient.

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For Yoel Benyowitz, setting aside work at sundown on Friday, lighting the shabbos candles and spending the next 24 hours in prayer and fellowship with family and friends “recharges our batteries, both physically and spiritually.”

It’s an experience that he wishes more Jews enjoyed. The 47-year-old father of four, a computer information specialist with the state Department of Transportation, joined thousands of fellow Orthodox Jews in Park Heights on Sunday for a rally to promote observance of the Jewish Sabbath.

The event, the first of its kind in a dozen years, came as local Jewish leaders consider a plan to open a community center in Owings Mills on Saturdays.

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As an undergraduate student 25 years ago, I found myself behind bars””not as an inmate but as a correctional officer. One of the youngest members of a large metropolitan sheriff’s department on the west coast of Florida, I worked full-time at the maximum-security jail in order to pay for college. Those four years working in the slammer schooled me, and they raised a number of questions for me as a Christian, especially about the death penalty and the use of force. I am continuing to unlearn certain attitudes and assumptions I held then, including some about punishment itself.

By vividly putting into words much of what I have personally pondered about prisons and punishment, these two books should help American readers””Christian or not, possessing firsthand experience with incarceration or not””to step back and take an honest look at what is happening in our current practice of large-scale imprisonment. Each book also asks why we insist on continuing down this punitive path.

Why is it, for example, that the U.S., which has 6 percent of the world’s population, incarcerates 25 percent of the world’s prisoners? We currently have some 2.3 million persons in federal, state and local jails and prisons””an estimated half-million more than are locked up in China, whose population is more than triple that of the U.S. We spend more money building and maintaining prisons than public schools””to the tune of $50 billion a year. Some 644,000 persons are incarcerated per year and about 625,000 are released, but then 50 to 75 percent of those who are released end up returning to prison within a few years. No other democratic nation today imprisons people on such a scale or for as long as the U.S. Yet what are we accomplishing?

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London–Europe’s economic crisis has subordinated its other epochal problem — shaping a future life with Muslim immigrants and Islam — into a place where there’s a temptation to pretend it’s vanished.

There are no headlines around Europe these days like the front-page one in New York last weekend, reporting that minorities are hardest hit by real estate foreclosures in the city.

Here, instead, it’s low-level, reflexively standard stuff: a story or two, depending on a newspaper’s basic political take, pointing to encroachments on traditional national habit by Muslim immigrants, or suggesting the state may be over-responding (giving in, according to what you read) to demands for what’s often cast as their separate but equal status parallel to the mainstream.

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General Motors Corp’s (GM.N) plan for a bankruptcy filing involves a quick sale of the company’s healthy assets to a new company initially owned by the U.S. government, a source familiar with the situation said on Tuesday.

The source, who would not be named because he was not cleared to speak with the media, did not specify a purchase price. The new company is expected to honor the claims of secured lenders, possibly in full, according to the source.

The remaining assets of GM would stay in bankruptcy protection to satisfy other outstanding claims.

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Piggybacking on the fascination with lost gospels and alternative Christianities, he serves up a Jesus who’s a thoroughly modern sort of messiah ”” sexy, worldly, and Goddess-worshiping, with a wife and kids, a house in the Galilean suburbs, and no delusions about his own divinity.

But the success of this message ”” which also shows up in the work of Brown’s many thriller-writing imitators ”” can’t be separated from its dishonesty. The “secret” history of Christendom that unspools in “The Da Vinci Code” is false from start to finish. The lost gospels are real enough, but they neither confirm the portrait of Christ that Brown is peddling ”” they’re far, far weirder than that ”” nor provide a persuasive alternative to the New Testament account. The Jesus of Matthew, Mark, Luke and John ”” jealous, demanding, apocalyptic ”” may not be congenial to contemporary sensibilities, but he’s the only historically-plausible Jesus there is.

For millions of readers, Brown’s novels have helped smooth over the tension between ancient Christianity and modern American faith. But the tension endures. You can have Jesus or Dan Brown. But you can’t have both.

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My problem with atheists is their tiresome — and way old — insistence that they are being oppressed and their fixation with the fine points of Christianity. What — did their Sunday school teachers flog their behinds with a Bible when they were kids?

Read Dawkins, or Hitchens, or the works of fellow atheists Sam Harris (“The End of Faith”) and Daniel Dennett (“Breaking the Spell”), or visit an atheist website or blog (there are zillions of them, bearing such titles as “God Is for Suckers,” “God Is Imaginary” and “God Is Pretend”), and your eyes will glaze over as you peruse — again and again — the obsessively tiny range of topics around which atheists circle like water in a drain.

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Rodney Ringler is an unemployed blue collar male without a college degree. He’s hardly alone. Men like him have been the main victims of the current recession in the United States.

“I haven’t worked since December of 2007, around the time this recession started,” Ringler, a 49-year-old computer technician, said as he walked his dog in a Dallas suburb.

He sees little light at the end of the tunnel.

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It now seems a different age, but in fact it is less than two years since Gordon Brown became Prime Minister. When he did so, he declared: “Now let the work of change begin.” Luckily, perhaps, the work of change was quickly snarled up. Today, Mr Brown barely has the authority to change a light bulb (an action, this newspaper has recently revealed, that MPs can charge to the taxpayer).

But one obscure, sudden change that the Prime Minister did institute was to remove his own role in appointing bishops in the Church of England.

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