Word: asianization
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...independence and refocused its efforts on bombmaking. In 2004 the group took responsibility for the most deadly terrorist attack in the history of the Philippines: the 2004 bombing of a ferry in Manila Bay that killed 116 people. By mid-2005, the Philippine government says Jemaah Islamiyah, the Southeast Asian terrorist group responsible for the 2002 Bali bombings that killed 202 people, had trained some 60 members of Abu Sayyaf to make bigger, better explosives. Two Jemaah Islamiyah bombmakers connected with the Bali bombings are still believed to be working with Abu Sayyaf...
Sooner or later, the citizens of Padang feared, they would be next. Sitting on the same earthquake fault line that triggered the deadly 2004 Asian tsunami, the Indonesian city of 900,000 on the island of Sumatra is one of the world's most vulnerable to seismic activity. Just after 5 p.m. local time on Sept. 30, disaster finally struck when a 7.6-magnitude earthquake jolted Padang, killing at least 529 people, according to the nation's Social Affairs Ministry...
...will likely be the key markets for auto sales growth over the next several years. In the first six months of 2009, the carmaker's U.S. sales fell 33% and European revenues shrank 39%. While Western economies look set to remain in the doldrums for the foreseeable future, most Asian countries are registering surprising growth and auto sales are bouncing back. India and China are particularly bright spots; the latter has surpassed the U.S. to become the world's largest car market. Sadly for Ford, Asia accounts for a mere 5% of the company's total global revenues. In China...
...Ford clearly wants to improve its standing. On Sept. 23, CEO Alan Mulally was in New Delhi to unveil a new four-door hatchback called the Figo that is aimed squarely at India and neighboring South Asian countries. Designed by Indian engineers on the Fiesta platform, the new small car "is going to be a game changer," predicts Michael Boneham, president and managing director of Ford India. When it debuts next year, the Figo (the name means "cool" in Italian) will be made in India and powered by either a 1.2-liter gas or 1.5-liter diesel engine. Ford also...
...wily politician, who has led Iraq since April 2006, to come up with a political bloc of his own. On Thursday, Maliki took the stage in the ballroom of Baghdad's upper-crusty Al-Rasheed hotel, before a crowd of more than 500 guests - including American, European and Asian diplomants - and, one by one, 55 leaders of his new "State of Law" coalition came up to join him. It appeared to be a veritable national unity slate, composed of Sunnis who turned on al-Qaeda, independent politicians, tribal leaders, religious minorities and, of course, fellow members of Maliki...