China is planning to build the world’s highest dam on the Yarlung Zangbo River in Tibet, near the border with India. The Chinese will generate large quantities of electricity at the dam, which they will use for their own growing domestic demand as well as to sell to neighboring countries. India, however, is concerned that the flow of the river — which is called the Brahmaputra when it enters India — will be reduced, and that the dam will damage the delicate ecosystem in the Himalayas.
In other news, with the fiscal crisis in Greece not yet fully resolved, the IMF warns that Portugal is on the same course towards possible bankruptcy and sovereign default. Spain is also not in very good shape, yet it is planning to lend €3.67 billion to Greece.
Meanwhile, in France a woman was fined for driving while wearing a niqab.
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