Word: apec
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...wait a little longer to see U.S. President Barack Obama indulge in a bowl of bakso - a kind of Indonesian meatball soup - and visit the neighborhoods in Jakarta where he spent time as a young boy. Anticipation of visit from Obama after he attends an Asia Pacific Economic Cooperation (APEC) summit in Singapore in November was high until the Indonesian press got wind of his decision to reschedule the trip until sometime next year. "Many people will be disappointed but I think they understand that he has a lot on his plate back home," says Dennis Korompis, a local businessman...
...believe it, consider the fight Branch describes between Clinton and Al Gore in November 1995. Gore told Clinton the President needed to visit Japan to heal a rift caused when Clinton failed to attend an APEC economic summit. Looking over Clinton's calendar, Gore noticed three light days in January. No, Clinton said, he needed to be home for Chelsea, who'd be taking her junior-year midterms. Gore was dumbstruck. "Al," Clinton said, "I am not going to Japan and leave Chelsea by herself to take these exams." A new rift opened - between Clinton and Gore. Branch describes Clinton...
...much of an edge over foreign rivals. Some analysts also believe political and economic rivalries place high hurdles in the path of a true Asia trade bloc. "The notion that there is going to be a Fortress Asia is really not correct," says Vinod Aggarwal, director of the Berkeley APEC Study Center at the University of California, Berkeley...
...formation, by 2020, of a new Asia-Pacific Community that would bind the U.S. and Asia together in a regional security forum that would encourage stability in what Rudd says is still a "brittle part of the world." The bloc would build on the Asia-Pacific Economic Cooperation (APEC) birthed and nurtured by his Labor predecessors Bob Hawke and Paul Keating. In 2008, Rudd's proposal sounded like a pipe dream. Today, he argues, the need for such a grouping is all the more important because the global financial crisis underlines how individual countries, even supremely powerful ones, cannot rely...
...ground running. Well, time in opposition focuses the mind. Also, the international financial crisis is weighing not only on New Zealanders' minds but on the mind of every leader who's been calling me. It would have been unacceptable for New Zealand not to be represented at the APEC summit...