Word: labor
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...Minister John Howard and Hu had just witnessed a $35 billion contract for Australia to supply natural gas to China. But it wasn't the historic deal that set news wires abuzz - it was the image of Rudd upstaging Howard and impressing his guest. Next day, Hu invited the Labor Party leader and his family to Beijing for the 2008 Olympics...
...Iraq. But not all of them, and not right now. Instead, Rudd has said he will "begin negotiations with the Americans and Iraqis" on the withdrawal, in mid-2008, of one-third of the Australian troops in Iraq and the Gulf. A thousand will remain, to the dismay of Labor's antiwar left wing, and more may be sent to train Iraqi soldiers in Jordan or Oman. Rudd will consider sending more troops to join the 1,000 in Afghanistan...
...Australia's second largest trading partner after China. Australian bases are key nodes in the U.S. satellite security system, and the two nations' defense forces are closely intertwined. "Australia will remain a close and reliable ally of the U.S.," says the Lowy Institute's Fullilove. "But Labor will explain the alliance in a different way" from the Howard government. "They won't so much emphasize loyalty. They'll emphasize Australian ideas, the advocacy of Australian interests. They'll sell that story to Australians, that the value of the alliance is, 'We have the ear of the world's most powerful...
...lived in China for a few years; his son-in-law is Chinese-Australian, and his two sons are studying Chinese. "I don't think there are too many more people in the Parliament of Australia who know more about China than I do," Rudd said soon after becoming Labor leader. His longest on-camera interview during the campaign was with China's CCTV network. "I look forward to taking the relationship between China and Australia to a whole new level," he said. Rudd wants Australia to be "the most China-literate and Asia-literate economy" in the West. Colin...
...last part is crucial. If India wants to keep the suitors coming, it will have to do more to reform its business climate and address foreign companies' concerns on everything from corruption to its tangled bureaucracy to widespread environmental, child labor and health issues. Earlier this month, a Norwegian sovereign fund withdrew investments from Indian-owned mining firm Vedanta Resources over its environmental practices in India. And big-box European chains like Carrefour are frustrated over the slow pace of reform in India's retail sector, where complete foreign ownership of multi-brand retail outlets is still not allowed. Partly...