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...German government's aid agency GTZ to build a road in Kunduz, in Afghanistan, and that Jan handed some cash to a Taliban middleman [Sept. 7]. We would like to point out that the project mentioned is not a GTZ project, and no one of that name has ever worked as a subcontractor for us. Neither we nor our partners make any payments to antigovernment groups. All of our projects are monitored very strictly. Anja Katharina Tomic, Deputy Head, Corporate Communications, Deutsche Gesellschaft für Technische Zusammenarbeit GmbH (GTZ), Eschborn, Germany
...with respect to deposit-gathering and lending policies. Such a fragmented banking system has long been a major complication for China's central bank and its execution of a coherent monetary policy. Asia's rural-urban dichotomy also creates a natural fragmentation to its social and economic fabric - underscoring ever widening income and educational disparities that remain a major source of instability in the region. Widespread corruption further complicates the macro implementation of Asia's development imperatives. The more the region matures and makes further progress on the road to economic development, the greater the need for improved macro coordination...
...economic and financial structure that had become overly reliant on exports. By raising concerns over instability, he was also cautioning of the perils of overreliance on energy, industrial materials and base metals. In an era of booming global growth, the threat of the so-called commodity supercycle and its ever higher price structure was a crushing burden on resource-intensive developing nations. The Premier urged China to focus more on what he called a "scientific development" strategy that would be based on improved efficiencies of resource consumption. Similarly, by warning of a lack of coordination, Wen was highlighting the fragmentation...
...hard on Germany. If North and South Korea were ever to reunite then Germany would be the benchmark of how to do it. Just contrast America 100 years after the end of the Civil War with German progress of the last two decades. Growing up in Pennsylvania in the 1950s, I knew of those North vs. South prejudices and the status of African Americans and other minorities. It was dangerous to travel in certain southern states - just ask any civil rights activist. While Germany has its own racial and immigration problems with sporadic outbreaks of violence, they are nowhere near...
...German government?aid agency GTZ to build a road in Kunduz, in Afghanistan, and that Jan handed some cash to a Taliban middleman [Sept. 7]. We would like to point out that the project mentioned is not a GTZ project, and no one of that name has ever worked as a subcontractor for us. Neither we nor our partners make any payments to antigovernment groups. All of our projects are monitored very strictly. Anja Katharina Tomic, Deputy Head, Corporate Communications, Deutsche Gesellschaft für Technische Zusammenarbeit GmbH (GTZ), ESCHBORN, GERMANY...