Much to the expectation of eurozone pundits, Riga’s April 24 gathering of euro finance ministers made little progress in terms of reaching an agreement for Greece’s comprehensive list of reforms.
“It is not in the stars to hold our destiny but in ourselves.” Several developments related to India call to mind William Shakespeare’s famous line in Julius Caesar. The first are the tours of the United States undertaken last week by Finance Minister Palaniappan Chidambaram and Commerce & Industry Minister Anand Sharma, aimed at drumming up […]
Secretary of State Hillary Clinton and US Treasury Secretary Tim Geithner play host this week to the third round of a newly formed bi-lateral talks between the US and China. This is the first time the so-called US-China Strategic and Economic Dialogue (SE&D) is being held in the US. The purpose of the talks, Geithner said in his opening comments on Monday, is to look for opportunities to build closer economic ties between the World’s two leading economic powers.
China has made significant sacrifices in trying to help African countries lift themselves out of poverty, including the deaths of more than 700 Chinese workers in aid projects, Vice Commerce Minister Fu Ziying told reporters. He said accusations that Beijing’s foreign aid to Africa was targeted at securing resources were “nonsense.” Fu was briefing the press on a report on China’s foreign aid released last week by the State Council Information Office. The report, the first of its kind, said China’s budgeted foreign aid swelled nearly 30% a year since 2004 and totaled 256.2 billion Yuan ($39.2 Bn USD) from 1950 through 2009.
– U.S. Senator Jim Webb (Dem. VA) recently met with the Burmese Junta and Aung San Suu Kyi and successfully secured the relief of the John Yettah, the Americans whose odd actions initiated the latest Aung San Suu Kyi trial and conviction. If the Obama Administration really wants to take take proactive and pragmatic steps […]
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