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Indonesia is ASEAN's largest economy. It is also where Obama spent part of his childhood, snacking on his favorite bakso meatballs and learning the local language. (In Singapore, the U.S. President is slated to hold a bilateral meeting with his Indonesian counterpart Susilo Bambang Yudhoyono.) But the U.S. President's scheduled joint appearance with ASEAN leaders is about more than childhood sentimentality. For decades, the U.S. held a comfortable position as ASEAN's third-largest trading partner. No more. China displaced America last year. Even with persuasion from the popular U.S. President, it will be hard to convince Southeast...

Author: /time Magazine | Title: Obama in Southeast Asia: Mending Fences in a Key Region | 11/14/2009 | See Source »

...merger, slated for completion late next year, is simple. BA and Iberia - combined annual revenues: $22 billion - are chasing their rivals' tails. Germany's Lufthansa, Europe's second-largest airline, has picked up smaller carriers from Austria to Switzerland in recent months. Thanks to the 2004 merger of the French and Dutch airlines, Air France-KLM is even further out in front. Troubled Iberia and BA, which both announced ugly losses over the past week, reckon eliminating duplicate services from fleet maintenance to business class lounges will save the airlines $600 million a year. That'll mean "a strong European...

Author: /time Magazine | Title: Will the British Airways and Iberia Merger Lift Off? | 11/14/2009 | See Source »

...clenched hands tell only part of the story, beyond which new tensions add pressure to the relationship between the world's two largest national economies. Hatoyama's "change" campaign, for example, which shifted party control in Japan for the first time in a half-century, was marked in part by a more aggressive posture toward the United States. As he appealed for votes, Hatoyama spoke of seeking a more equal relationship" with America, a phrase that implied a continuation of the postwar subjugation of Japan...

Author: /time Magazine | Title: Obama in Japan: Public Solidarity Masks Tension | 11/14/2009 | See Source »

...BA/Iberia will still be carrying serious weight - the combined firm should fly some 60 million passengers each year. But that calls for slick organization, something BA hasn't always enjoyed. (Remember the opening of Heathrow Airport's Terminal 5?) "When United [Airlines] went into Chapter 11, they were the largest airline in the world," says Pilarski. "Airlines that went under didn't go under because they were so puny they just needed to be bigger. If BA at their size is not efficient, something is major league wrong...

Author: /time Magazine | Title: Will the British Airways and Iberia Merger Lift Off? | 11/14/2009 | See Source »

...Watching this campaign grow from a tiny operation in a small office with a half-dozen people to the largest, most organized political organization in history, and now being on the cusp of seeing Barack Obama take the oath of office, is surreal to say the least." - Reflecting on the Obama campaign during the transition. (The Georgetown Hoya...

Author: /time Magazine | Title: Dan Pfeiffer: The Next White House Communications Boss | 11/13/2009 | See Source »

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