Barack Obama became the first American president to visit Myanmar on Monday, using a six-hour trip to balance U.S. praise for the government’s progress in shaking off military rule with pressure to complete the process of democratic reform. Obama, greeted by enthusiastic crowds in the former capital, Yangon, met President Thein Sein, a former junta […]
China’s central bank governor said convertibility will be the next step in the overhaul of the exchange-rate system as calls grow for the nation’s new leadership to deepen changes in the economy to sustain growth. “For the central bank, I think the next movement related to the yuan is going to be reform of convertibility,” Zhou Xiaochuan said at […]
From foreign hotel towers sprouting on Colombo‘s seafront to the new motorbikes and mobile phones buzzing in war-ravaged Jaffna, at first glance, Sri Lanka seems to be living up to its claim as Asia’s latest frontier market. But private businesses are not investing enough, threatening the boom that has swept the island since the end […]
A CLUTCH of archaeologists sits in a freshly upholstered auditorium near the Roman amphitheatre in Leptis Magna to learn how to use a global positioning system, something restricted to the security forces under Colonel Muammar Qaddafi. “Take a picture, then note the co-ordinates,” says an instructor, showing slides of the ruins (pictured above). The country […]
Many commentators, both in the US and India, do not believe that President Barack Obama’s victory and his second-term foreign policy will lead to any surprises to US-India relations. They see more of the same. They should be proven wrong. Yes, the last four years have been a period of consolidation in India-US relations. They […]
Touring the luxurious campus of the American University of Sharjah last week, I was yet again struck by what money, especially petrodollars, can buy. Sharjah is an emirate of the United Arab Emirates, located adjacent to Abu Dhabi. Designed by the ruler of Sharjah, Sultan Bin Mohammad Al Qassimi, one of the more enlightened of […]
Southeast Asian leaders sought to ease tensions with China over maritime disputes before a regional summit tomorrow involving U.S. President Barack Obama as concerns persist over weaker demand in the global economy. The Association of Southeast Asian Nations will confine discussions on a set of rules for operating in the South China Sea to the bloc’s meetings with China, […]
Japan ruling party lawmaker Mieko Nakabayashi isn’t just worried that her Democratic Party will lose power in next month’s election; she fears a comeback by rival conservative Liberal Democrats will spell a return to the prolonged one-party rule that critics blame for many of the country’s past policy ills. Three years after the Democratic Party of […]
When Pakistan’s President Asif Ali Zardari ventured out in the past week to personally visit two localities across the populous Punjab province, his journey was immediately surrounded by unanswered questions. Since his unexpected political rise to becoming Pakistan’s head of state in 2008, following the assassination of his wife, Benazir Bhutto, Zardari has adopted an […]
Over the next decade, the U.S. military will need to undertake the most dramatic shift in its strategy since the introduction of nuclear weapons more than 60 years ago. Just as defense budgets are declining, the price of projecting and sustaining military power is increasing and the range of interests requiring protection is expanding. This […]
