Word: regionality
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...With history books replete with tales of V-shaped recoveries following steep downturns, financial markets have become giddy, hoping that signs of bottoming beget the long-awaited rebound. Nowhere is that more evident than in Asia, an increasingly China-centric region convinced it will lead the world out of its long nightmare...
...would it have been waived through much more quickly - before commodity prices recovered? Now, far from gaining access to a giant iron ore reserves, Chinalco has to watch the two biggest producers in the world - BHP and Rio - do a joint venture with their reserves in the famed Pilbara region of western Australia. It's no wonder that the executive director of China's iron and steel institute was warning about a possible "monopoly...
...even as he spoke, it's clear the world has not learned the lesson. Genocidal killings continue in the Darfur region of Sudan, and a long-running civil war in Sri Lanka recently concluded with the extended shelling of civilian refugee camps. "The world hasn't learned," said Wiesel in a public address before the gates of Buchenwald...
...right to access peaceful nuclear power if it complies with its responsibilities under the nuclear Non-Proliferation Treaty. That commitment is at the core of the Treaty, and it must be kept for all who fully abide by it. And I am hopeful that all countries in the region can share in this goal...
...swayed by Obama's balanced oratory. Even among moderate Israelis, there is a doubt about Obama's intentions. "His middle name, Hussein, keeps coming back to me. We're suspicious of him," says Yossi Danon, a high-tech expert. "Obama's entitled to change U.S. policy in the region - this is too much for Israel." (See Cairo getting ready for Obama...