(Euronews: 1056 PST, March 10, 2011) The Dalai Lama has announced he will hand over his political duties as Tibet's political leader and delegate his responsibilities to an elected member of the Tibetan government in exile.

The 76-year old made the announcement in a speech on the anniversary of the failed 1959 Tibetan uprising against Chinese rule. He said Tibetans need a leader chosen by the people, adding the time had come for him to devolve power. China claims sovereignty over the Himalayan region and labels the Dalai Lama a separatist.

(Al Jazeera English Headlines: 0635 PST, February 14, 2011) The opening of Egypt's stock exchange has been delayed until the economy stabilizes. The new military rulers are trying to assert their control over the country, and have warned they will act against chaos and disorder. Meanwhile transportation workers are striking in the capital, demanding better pay and an end to corruption.

In other news, the Taliban says it was behind an attack on a hotel in the Afghan capital Kabul that killed at least two people. Anti-government protests in Yemen enter their fourth straight day. The entire Palestinian cabinet has resigned and President Mahmoud Abbas has asked Prime Minister Salam Fayyad to form a new government. And, in Indonesia, cleric Abu Bakar Bashir has gone on trial over weapons terror charges.

Link TV has been honored to have Karen Armstrong, one of the world's most respected thinkers on religion, as a guest on our Global Spirit program "The Spiritual Quest". So when we heard about Armstrong's inspiring new project -- the Charter for Compassion -- we knew that Link had to get involved somehow.

Armstrong's wish for her TED Prize was for help to create this Charter, which officially launched on November 12, 2009. Billed as "a call to bring the world together," Armstrong's Charter aims to unite all religious and spiritual traditions under the principle of compassion, based in the ethical code of the Golden Rule: "…Treat all others as we wish to be treated ourselves."

The names of all signatories to the Charter will be sent to world leaders on December 31, 2009, so your time is running out to add your name to a list of distinguished individuals -- including His Holiness the Dalai Lama, Archbishop Desmond Tutu and author Isabel Allende -- who affirm peace and compassion as the core principle of our divided world. As our friends at YouthNoise have pointed out, the "coolest parts of this Charter is that we can all join in its message by signing, and the signature isn't only a personal pledge, but a pledge that will be sent to world leaders who have countries in conflict."

You can learn more about the Charter for Compassion by watching this video below. We also encourage you to watch Karen Armstrong on Link's "The Spiritual Quest" episode of Global Spirit here, where she gives background on the Charter at the 45:10 mark of the video.

In the latest episode of Global Pulse, host Erin Coker asks whether China's 60th anniversary festivities were a display of power for the world or just for Chinese citizens. Watch the episode and leave your comments below!

Media worldwide covered China's celebration of 60 years of communist rule, acknowledging China's rise over the past six decades, while also pointing out its spotty human rights record and the barring of its own citizens from attending the festivities.

Such general wariness of the Communist Party of China's (CPC) celebration may be indicative of a greater global anxiety concerning China's new place on the world stage. In marrying the tenets of communism with explosive economic growth, the country has, perhaps, come to embody the worst of communism and capitalism -- reckless urbanization within the rigid framework of a repressive authoritarian system. The result? A growing power whose rapid industrial expansion and repression of personal freedoms is both a detriment to its people and a possible threat to western interests.

Some experts question the durability of the so-called "authoritarian capitalism" model. "The more open and competitive an economy becomes, the greater the pressure to liberalize political institutions and democratize civil society," notes Tim Dunne in a Guardian editorial. "China wants the former while resisting the latter."

For state-run Chinese media however, capitalism remains an opposing ideology that is distinct from both the country's government and its burgeoning economy. A recent opinion piece in the state-run People's Daily extols socialism as the country’s historical choice, while an article on the CCTV website attributes China's private sector expansion to the country's larger socialist market economy.

In Yasheng Huang's 2008 book, Capitalism with Chinese Characteristics, the MIT professor points to reforms of governance, not market reforms, as crucial for China’s brand of capitalism to thrive. "Many of the endemic problems in the Chinese economy today—massive pollution, corruption, inefficient capital deployment, land grabs, and so forth—cannot be tackled without…reforms of Chinese political governance," a Reuters article notes in an analysis of Huang's book.
 
In the end, whether seen as a pure success story, a threat to the west, or the worst of two economic systems, China's continuing rise assures that it will not be ignored.