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Dates: during 2000-2009
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After weeks of calls by the Japanese government to do something about deflation and the fast appreciating yen, the Bank of Japan held an emergency meeting Tuesday - and decided what the world's second largest economy needs is more money. Central bank governor Masaaki Shirakawa announced steps to step up monetary easing by injecting 10 trillion yen (about $115 billion) into Japan's financial system. Shirakawa told reporters that these steps could be considered "quantitative easing in a broad sense." The eight-member policy board also unanimously voted to maintain the Bank of Japan's key short-term interest rate...
...Since then, we have made progress on some important objectives. High-ranking al-Qaeda and Taliban leaders have been killed, and we have stepped up the pressure on al-Qaeda worldwide. In Pakistan, that nation's army has gone on its largest offensive in years. In Afghanistan, we and our allies prevented the Taliban from stopping a presidential election, and - although it was marred by fraud - that election produced a government that is consistent with Afghanistan's laws and constitution...
...constitutional ban on presidential re-election so he can run again in 2011, even though most Nicaraguans oppose the change. In Panama, members of the powerful Arias family have so far been able to block the will of a relative who left some $50 million to poor children - the largest private gift in the nation's history. Even Costa Rica, once Central America's hopeful exception, has been rocked in recent years by corruption scandals involving Presidents. (Read: "Costa Rica's President: It's Not Easy Staying Green...
...Asia-Pacific Economic Cooperation summit that it will aim to build political consensus, paving the way for concrete steps. The biggest challenge will be aligning the interests of developing and industrialized nations: the U.S., among others, argues that because emerging powers like China and India are among the largest emitters, any deal that excludes them--as did the Kyoto Protocol, which expires in 2012--will be inadequate...
...early November, she urged the international community to support a U.N. General Assembly resolution condemning Iran for human-rights abuses. Though the U.N. has passed similar resolutions each year for more than two decades, November's resolution showcased the brutal government repression of election protests and passed by the largest margin for such a resolution on Iran ever. (See 10 Questions for Ebadi...