China's economy is struggling. The currency and stock market are down. Growth continues to slow. Yet in Shanghai, people are scrambling to buy apartments even as prices soar. Why?
The Nobel Peace laureate released a letter Thursday explaining the situation and apologizing for "not fully fulfilling the people's desire" by becoming their president.
On Thursday, the National League for Democracy party, nominated two candidates to contest for the post of president. Nobel laureate and longtime democracy activist Aung San Suu Kyi was not nominated.
This year's war games between the U.S. and South Korea are the largest ever. In response, North Korea's Kim Jong Un threatened to unleash a "preemptive nuclear strike of justice."