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...Riots over power shortages, usually a standard summer feature when demand is at its highest, are rocking Pakistan's major cities. In the industrial town of Multan, a recent protest over power outages saw 58 gravely injured and hundreds of thousands of dollars in damage to government buildings, factories, utilities and vehicles. If the problems continue it could lead to political instability. "The economy is more urgent than extremism," says an American diplomat in Islamabad...
...region reached nearly 7%, led by spikes in oil and food prices. That was sharply higher than the 2.5% rate in May 2007 - and that's just the regional average. In India, inflation jumped to an 11.6% annual rate in June, according to the latest government figures, the highest in 13 years. In Vietnam, one of Asia's fastest-growing economies, inflation has reached as high as 27% in the past few months...
...Marut Sengupta, head of policy at the Confederation of Indian Industry. That problem has left some officials uncertain how to proceed, especially in countries such as Vietnam, which joined the World Trade Organization last year and has been opening up its economy to market forces. Vietnam suffers from the highest inflation in Asia; the country's Prime Minister, Nguyen Tan Dung, recently acknowledged during an interview with TIME that "promptly responding to adverse impacts of the global economy is a relatively new matter...
...There haven't been any interesting new Hong Kong movies. What's going on? Kerstin Reiher, Lucerne, Switzerland Hong Kong people aren't excited about Hong Kong films. People think Hollywood movies are the best because they have the highest budgets. But there are some great filmmakers trying their best to make better Hong Kong movies. Just wait...
...Quitting is leading too In 1993, Mandela asked me if I knew of any countries where the minimum voting age was under 18. I did some research and presented him with a rather undistinguished list: Indonesia, Cuba, Nicaragua, North Korea and Iran. He nodded and uttered his highest praise: "Very good, very good." Two weeks later, Mandela went on South African television and proposed that the voting age be lowered to 14. "He tried to sell us the idea," recalls Ramaphosa, "but he was the only [supporter]. And he had to face the reality that it would...