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Nov 14, 2009

Obama seeks rebalancing, Asia warns of protectionism

SINGAPORE (Reuters) – U.S. President Barack Obama called on Saturday for a new strategy to rebalance global growth, but leaders around the Pacific rim, gathering for a weekend summit, took aim at signs of U.S. trade protectionism.

Obama, who arrived in Singapore late on Saturday for the Asia Pacific Economic Cooperation (APEC) summit, reiterated his call to redress the economic imbalances blamed by many for the global financial crisis.

Nov 12, 2009
Nov 11, 2009
Nov 6, 2009
May 26, 2009
via FaithWorld

Recession-hit Asians pray for jobs, luck, recovery

Photo

As companies shed jobs and governments inject funds to stimulate economies, recession-hit believers in once-booming Southeast Asia are flocking to temples, churches and mosques to seek solace in religion — and pray for a quick economic recovery.

Meditation centres have also seen an upswing in attendance and people seek peace and calm amid the economic downturn.

    • About Bill

      "I am the Reuters Enterprise Editor for Asia, which means I oversee investigative, narrative, and other types of "long-form" journalism projects. I've been a correspondent, bureau chief and editor for Reuters in Asia for the past 24 years. I am the author of "Reporting Indonesia", a book published in 2008 about modern Indonesian history."
      Joined Reuters:
      1986
      Languages:
      Bahasa Indonesa, Melayu, Hindi
      Awards:
      Award of excellence, new book on media in asia, Asia publishers convention 2009
    • More from Bill

      Publications:
      Reporting Indonesia: The Jakarta Post Story
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