Links

1'Antibiotics' efficiency wanes due to global spread of drug-resistant bacteria' - UK Guardian; Boseley
If there is no profit incentive for the private sector to research new antibiotics it needs to be done by the public sector or the U.N.
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2'Hungary Sees No Problems in Refinancing Its Debt Through 2012' - Bloomberg; Balazs
3'Hungary Defies IMF and European Authorities ' - Counterpunch; Weisbrot

The IMF is not nearly as powerful as it was even ten years ago.
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4' Top thinker says China may 'push the US out of Asia' - The Australian; Kelly

There seems to be a contradiction in the article. On one hand Professor Mearsheimer is quoted as saying: "I think that China cannot rise peacefully and that this is largely pre-determined" while on the other: 'The presence of nuclear weapons, he (Mearsheimer) argued, meant there would be "no shooting war" between the US and China.'
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5Pictures from the Hong Kong.