Word: regionalize
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...page devoted to the Indian elections [June 1]. And it was a page that belittled India's achievement in holding the world's largest ever election, with minimal disruption and violence, and no controversies (à la hanging or pregnant chads). This election is a beacon of hope in a region that only seems to produce bad news from Nepal to Sri Lanka, Afghanistan to Burma. No wonder India is so disillusioned with the attitudes of the West. Like most people, Indians have long memories. One day, the West will come to rue this indifference toward a country that...
...Although the bank's emerging-markets exposure in the past may have been something of a liability, it's turning out to be a strength today. StanChart derives 80% of its operating profits from Asia. While growth has plunged in some of the bank's most important regional markets, like Singapore, others have remained relatively buoyant, especially India, where StanChart has the largest branch network of any foreign bank. Its breadth across some of the region's fastest-growing economies gives it an enviable profile. StanChart "is one of the best-placed banks in the world," says Alex Potter, banking...
...blemish the horizon. Yet, even at this special refuge within the Amazon, Ecuador’s approaching crossroads looms, a shadow over its mostly optimistic outlook. On the motored canoe ride from Coca to the lodge, several major worksites reveal the presence of oil operations in the region; barges laden with trucks drift by. Oil has been instrumental in Ecuador’s expanding economy, but pursuit of petroleum increasingly puts at risk the country’s most vast and irreplaceable resource—the rainforest...
...great at scaring its neighbors. The isolated dictatorship carries a real nuclear threat, and tested its latest device this May in an underground bunker. Tensions in East Asia heightened this week after Pyongyang threatened "a fire shower of nuclear retaliation" if the U.S. or its allies in the region attempted any provocative action when trying to curb North Korea's missile program. Even those with historically warmer ties to the pariah state, such as Russia and China, have bristled at Pyongyang's latest moves. Still, North Korea may not be without friends...
...that Israel is ready to start talks "without preconditions" with Arab leaders, despite an earlier remark he made before taking over as Foreign Minister that Egyptian President Hosni Mubarak could "go to hell." He told TIME, "Even today, I'm ready to start talks with any country in our region. We agree with President Obama's approach to a regional settlement of historical disputes. I'm ready to take a jet to Damascus to meet President Bashir al-Assad." (Read "When Bibi Met Barack: Tough Talk on Middle East Peace...