Word: alongism
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...recently in the town of Sendai, north of Tokyo. It snowed, which was a lovely treat, something I never see at home in Hong Kong. Japan is a respite from the rest of Asia in many other ways. While much of the region is still hurtling along the path of development - a blinding whirl of frenetic construction and perpetual change - Japan is a vision of stability, a nation that has everything others in Asia want, and has already had it all for decades. Money. Technology. Global brands. A seat at the table with the powerful countries of the industrialized world...
...pace of U.S. investment in Southeast Asia has slowed in recent years. "If we are closer to China now, it is only because the U.S. has neglected us," says Kavi Chongkittavorn, a columnist for the Nation, a Thai newspaper. The rivals for the region's affections are not getting along. In recent weeks, China has attacked Obama for approving arms sales to Taiwan and meeting with the Dalai Lama, leading to talk in Beijing of a "serious disruption" in U.S.-China ties...
Among the legal oddities I learned along the way: banks usually require business partners to agree to something called joint and several liability, which may sound nice and fair but in reality means the lender may pursue just one of the partners for the entire debt. I also found out I had to sign a spousal consent only once, no matter how many times the line of credit increased...
...first Yardfest in two years to feature three artists, Wale will be performing at the April 18 concert along with Kid Cudi and Patrick Park...
...Democrats say that they consider this bill along the lines of (and much cheaper than) President George W. Bush's emergency war supplemental bills, which totaled trillions of dollars and were mostly unpaid for. "We really believe that unemployment situation is an emergency economic situation," Senator Dick Durbin of Illinois, the No. 2 Senate Democrat, told reporters Thursday evening. "The Republicans do not accept that they want to cut off unemployment benefits or pay for it using stimulus funds which are being used to create jobs. It's a very shortsighted approach...