Germany’s Austerity Plans Will Beggar Europe

Has the eurozone crisis ended? Many politicians in Europe, including France’s president François Hollande, seem to think so. Well, not so fast. Far from ending, the crisis is yet to reach its most difficult phase. It is easy to see why politicians claim the crisis is over. Greece has just been promised another €50bn, provided it accepts […]

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East Asia’s Defining Moment: New York Times

The overlapping power transitions in East Asia’s three main economies promise to mark a defining moment in the region’s tense geopolitics. After the ascension in China of Xi Jinping, regarded by the People’s Liberation Army as its own man, Japan’s swing to the right in its parliamentary election seems set to fuel nationalist passion on both sides […]

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What Obama Wants From Myanmar

Not too long ago it would have been unthinkable: the sight of a U.S. president standing next to Aung San Suu Kyi, the woman many believe should be — and might yet become — the president of her long-suffering country, Myanmar (also known as Burma). When Barack Obama was first elected to the White House […]

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Burma to Myanmar and Back?

In ways big and small, Asia is still living with the tainted legacy of imperialism. Consider the debate now underway in Myanmar – or Burma to some. Because the imperial tongue found it difficult to pronounce “Myanmar,” the country’s no-nonsense British masters renamed it Burma (redrawing its borders as well for good measure). The new […]

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The Family-Owned Chaebol Are In Everyone’s Sights In An Election That Could Change South Korea

SINCE the days of Park Chung-hee’s often brutal dictatorship (he seized power in 1961 and was assassinated in 1979), South Korea has transformed itself as a democratic nation. Its politics, enlivened by occasional fisticuffs in the National Assembly, are among the most vibrant in Asia. The bid by the late strongman’s daughter, Park Geun-hye, to […]

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What Will Asia’s Ascendance Bring?

In 1889, two years after an eccentric American millionaire established the European edition of The New York Herald, the precursor of the International Herald Tribune, Rudyard Kipling dined with some British businessmen in Hong Kong. The imperial rulers of China, most recently humiliated by France, had reluctantly started to modernize their vast domain; and British […]

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