Archive for the ‘Asia’ Category

8
Nov

Obama Backs India for Seat on Security Council

President Obama delivered a speech to India’s parliament on the third and final day of his visit to the country on Monday.

President Obama announced here on Monday that the United States would back India’s bid for a permanent seat on an expanded United Nations Security Council, a major policy shift that could aggravate China, which opposes such a move. Mr. Obama made the announcement — a priority for Prime Minister Manmohan Singh — during a late afternoon speech to Parliament.

“The just and sustainable international order that America seeks includes a United Nations that is efficient, effective, credible and legitimate,” the president said. “That is why I can say today, in the years ahead, I look forward to a reformed U.N. Security Council that includes India as a permanent member.” Read more…

As published in www.nytimes.com

5
Nov

VIDEO: India’s Next Generation

Written on November 5, 2010 by Ángeles Figueroa-Alcorta in Americas, Asia, International Development, News

Ahead of President Obama’s visit, a diverse group of young Indians share thoughts on relations between the two countries.

As published in www.nytimes.com

4
Nov

The World’s Most Powerful People According to Forbes

Written on November 4, 2010 by Ángeles Figueroa-Alcorta in Asia, Foreign Policy, News, Political Economy

There are 6.8 billion people on the planet. Here are the 68 who matter.

Chinese President Hu Jintao made it to the top this year ahead of US President Barack Obama. According to Forbes, Hu Jintao is a “Paramount political leader of more people than anyone else on the planet; exercises near dictatorial control over 1.3 billion people, one-fifth of world’s population. Unlike Western counterparts, Hu can divert rivers, build cities, jail dissidents and censor Internet without meddling from pesky bureaucrats, courts, and refuses to kowtow to U.S. pressure to change its exchange-rate regime. Heads world’s largest army (in size). His handpicked successor, Xi Jinping, set to assume the presidency in 2012.”

China has recently surpassed Japan to become the world’s second-largest economy both in absolute and purchasing power terms. Credible estimates have China poised to overtake U.S. as world’s largest economy in 25 years–although, crucially, not on a per-capita basis. Creditor nation oversees world’s largest reserves at $2.65 trillion–$1.5 trillion of which is in U.S. dollar holdings. 

Continue to Gallery…

As published in www.forbes.com

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