Frank Jack's Feed
Jun 20, 2013

Insight: Pakistan influence on Taliban commanders helped Afghan breakthrough

ISLAMABAD (Reuters) – Pakistan’s powerful military has played a central role in convincing Afghanistan’s Taliban rebels to hold talks with the United States, U.S. and Pakistani officials said, a shift from widely held views in Washington that it was obstructing peace in the region.

U.S. and Taliban officials were due to meet in Doha, the capital of Qatar, in the next few days, raising hopes for negotiated peace after 12 years of war between American-led forces and the Islamist insurgents.

Jun 16, 2013

Bangladesh disaster crushes owner’s ideal of clothes with a conscience

SAVAR, Bangladesh/MADRID, June 17 (Reuters) – When Spanish
garment maker David Mayor arrived in Bangladesh a decade ago the
fashion label he set up had the motto “clothing with a heart”.

In an industry notorious for harsh working conditions he
said he wanted to show it was possible to run an ethical
business in which workers were trained well and treated with
respect.

Jun 11, 2013

India’s stubborn retail inflation may spoil rate cut hopes

NEW DELHI (Reuters) – India’s consumer inflation likely eased for the third straight month in May but remained high enough to be a headache for the central bank, which is under pressure to cut rates again next week after headline wholesale inflation cooled.

India’s consumer inflation likely eased to 9.05 percent in May from 9.39 percent in April, a Reuters’ poll of economists showed.

Jun 11, 2013

Stubborn retail inflation may spoil rate cut hopes

NEW DELHI (Reuters) – India’s consumer inflation likely eased for the third straight month in May but remained high enough to be a headache for the RBI, which is under pressure to cut rates again next week after headline wholesale inflation cooled.

Consumer inflation likely eased to 9.05 percent in May from 9.39 percent in April, a Reuters’ poll of economists showed.

Jun 6, 2013

Bangladesh spurns garment industry in budget

DHAKA, June 6 (Reuters) – Bangladesh’s finance minister
promised on Thursday to improve working conditions in the
garment industry after a deadly factory collapse, but he spurned
calls for new public money to construct safer buildings.

Abul Maal Abdul Muhith’s 2013/14 budget aims to bolster
faltering economic growth to 7.2 percent after political unrest
and strikes for better pay and conditions in the clothing
industry hit output this year.

Jun 6, 2013

No new cash for garment industry safety in Bangladesh budget

DHAKA (Reuters) – Bangladesh’s finance minister pledged on Thursday to improve safety in the garment industry after a factory collapse killed more than 1,100 people, but he unveiled no new money in his annual budget to relocate dangerous buildings.

Finance Minister Abul Maal Abdul Muhith’s 2013/14 budget aims to bolster faltering economic growth to 7.2 percent after political unrest and strikes for better pay and conditions in the key garment industry dragged this year.

May 21, 2013

With wary eye on the U.S., China courts India

NEW DELHI (Reuters) – Chinese Premier Li Keqiang, smiling and effusive, was out to smooth ruffled feathers in India this week, promising to ease tensions and increase trade between Asia’s fastest growing economies in his first trip overseas since taking office.

“China will make your dream come true,” Li told a banquet hall filled with Chinese and Indian business executives in the financial capital of Mumbai as he wound up his visit on Tuesday.

May 20, 2013

China offers India a “handshake across the Himalayas”

NEW DELHI, May 20 (Reuters) – India and China will study new
ways to ease tensions along their ill-defined border, Chinese
Premier Li Keqiang said on Monday in his first foreign trip
since taking office, which comes just weeks after a military
stand-off between the Asian giants in the Himalayas.

The number two in the Chinese leadership offered New Delhi a
“handshake across the Himalayas” and said the world’s most
populous nations could become a new engine for the global
economy if they could avoid such irritants.

May 20, 2013

Chinese Premier Li seeks trust in India, border issue irks

NEW DELHI, May 20 (Reuters) – Chinese Premier Li Keqiang is
seeking to build trust with India on his first foreign trip
since taking office, which comes just a few weeks after a
military standoff between the Asian giants on their ill-defined
border in the Himalayan mountains.

The number two in the Chinese leadership offered India a
“handshake across the Himalayas” in an editorial published on
Monday in The Hindu newspaper and said that together the
emerging economic giants could become a new engine of the world
economy.

May 19, 2013

India gripes over border, trade woes on Li’s first foreign trip

NEW DELHI (Reuters) – India’s Prime Minister Manmohan Singh told visiting Chinese President Li Keqiang on Sunday a recent military standoff in the Himalayas could affect relations between the two countries as they looked to boost bilateral trade.

At a meeting shortly after Li arrived in India on his first foreign trip, Singh said relations were affected when “peace and tranquility” on the border was impacted, a senior government official with knowledge of the discussions told Reuters.