Paul's Feed
Apr 30, 2012

U.S. eyes testy China talks, Chen backer expects Chinese decision

WASHINGTON (Reuters) – The United States faces a tense week in China as high-level talks on trade and global hot spots like Iran and North Korea open in the shadow of a blind Chinese activist’s bold escape from house arrest to seek U.S. protection in Beijing.

The trip to Beijing would have been challenging for Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner even without a human rights dispute over Chen Guangcheng, who a U.S.-based group says is hiding in the U.S. Embassy in Beijing.

Apr 27, 2012

U.S., Japan unveil revised plan for Okinawa

WASHINGTON, April 26 (Reuters) – The United States and Japan
announced on Thursday a revised agreement on streamlining the
U.S. military presence on Okinawa that will shift 9,000 Marines
from that southern Japanese island to Guam and other
Asia-Pacific sites.

The new plan, unveiled days before Japanese Prime Minister
Yoshihiko Noda visits President Barack Obama, helps the allies
work around the still unresolved, core dispute over moving the
Futenma air base from a crowded part of Okinawa to a new site
that had vexed relations for years.

Apr 26, 2012

World Bank looks anew at Myanmar, debt and data key

WASHINGTON (Reuters) – The pace and scope of the World Bank’s re-engagement with Myanmar’s reform-minded government will depend on settling the country’s unpaid debts and getting accurate economic data, a senior bank official said on Thursday.

Pamela Cox, the World Bank’s East Asia and Pacific regional vice president, said the global development lender was “heartened by the government’s steps in Myanmar” and would respond step-by-step in line with member countries and other agencies.

Apr 25, 2012

U.S. concerns over Okinawa base plans prompt Japan to delay announcement

WASHINGTON (Reuters) – Three influential U.S. senators on Tuesday questioned an expected new U.S.-Japan agreement on relocating American military bases from Okinawa, raising concerns about costs and strategy of the latest effort to resolve a festering dispute.

Japan said it would postpone the announcement of the plan, after the lawmakers’ objections, but that the deal would be ready before Japanese and U.S. leaders meet in Washington next week.

Apr 24, 2012

U.S. senators question Okinawa base plans

WASHINGTON (Reuters) – Three influential Senators on Tuesday questioned an expected new U.S.-Japan agreement on relocating American military bases from Okinawa, raising concerns about costs and strategy of the latest effort to resolve a festering bilateral dispute.

Senators Carl Levin, John McCain and Jim Webb – all members of the Senate Armed Services Committee – told Defense Secretary Leon Panetta that “no new basing proposal can be considered final until it has the support of Congress.”

Apr 17, 2012

IMF sees India growth at 6.9 pct in 2012

WASHINGTON (Reuters) – China and fellow Asian emerging economies face slower economic growth in 2012-13 on weak external demand, but strong Chinese domestic demand and policy easing by other Asian countries should help ensure a soft-landing, the International Monetary Fund said on Tuesday.

The IMF’s World Economic Outlook projected that China wouldgrow 8.2 percent this year and 8.8 percent in 2013, unchangedfrom a January report, which had trimmed forecasts issued in theSeptember.

Apr 11, 2012

Clinton warns of “additional provocations” from North Korea

ANNAPOLIS, Maryland (Reuters) – U.S. Secretary of State Hillary Clinton warned on Tuesday that history points to “additional provocations” from North Korea after its expected rocket launch this week, suggesting isolated Pyongyang feared closer relations with the outside world.

In a wide-ranging speech on U.S. policy toward the Asia-Pacific region, Clinton also called on China to embrace and participate more in regional security efforts and to address the problem of cyber theft of intellectual property.

Apr 5, 2012

U.S. moves to ease Myanmar sanctions after reforms

WASHINGTON (Reuters) – The United States said on Wednesday it was ready to relax some sanctions on Myanmar to recognize its fledgling democratic transition, including a ban on U.S. companies investing in or offering financial services to the country.

However, U.S. Secretary of State Hillary Clinton stressed the Obama administration wanted to move cautiously, saying that the resource-rich Southeast Asian country has a long way to go to shake off decades of military rule.

Apr 4, 2012

U.S. to relax Myanmar sanctions

WASHINGTON (Reuters) – The United States said on Wednesday it was ready to relax some sanctions on Myanmar to recognize its fledgling democratic transition, including a ban on U.S. companies investing in or offering financial services to the country.

However, U.S. Secretary of State Hillary Clinton stressed the Obama administration wanted to move cautiously, saying that the resource-rich Southeast Asian country has a long way to go to shake off decades of military rule.

Apr 4, 2012

US to relax Myanmar sanctions amid ‘dramatic’ progress

WASHINGTON, April 4 (Reuters) – The United States said on
Wednesday it was ready to relax some sanctions on Myanmar to
recognize its fledgling democratic transition, including a ban
on U.S. companies investing in or offering financial services to
the country.

However, U.S. Secretary of State Hillary Clinton stressed
the Obama administration wanted to move cautiously, saying that
the resource-rich Southeast Asian country has a long way to go
to shake off decades of military rule.