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...requirements or risk sanctions, a strong sign that Beijing is worrying over the possible fallout from its stimulus program. China also faces a tough choice on its currency regime. The government is under increased pressure from the U.S. and European Union to allow the yuan to appreciate, though policymakers remain nervous about the negative effect that could have on its struggling export sector. China "is like watching a duck swim," says Giles Chance, author of the recently published book China and the Credit Crisis. "On the surface it seems fine, but underneath it's quite chaotic." (Read "How Wall Street...
Feeling Swiss Andrew Marshall's article "Identity Crisis" was well written but shouldn't have ended on such an optimistic note [Nov. 9]. True, the writer's son and my sons (with Swiss and African backgrounds) will always remain half-and-half. But as I always tell my boys, excellence has no color. Only if they excel in their chosen fields, like Federer and Hingis, will they be seen as authentic Swiss. And that's when Switzerland would probably celebrate. Taiwo Danjuma, EGERKINGEN, SWITZERLAND
President Asif Ali Zardari, urging him to rally his compatriots to help the U.S. fight in Afghanistan. Obama's message may, however, have been sent to the wrong address, because it will likely take all of the the embattled Zardari's political energies - and then some - to simply remain in power. Already weighed down by the burdens of his deep unpopularity, the menace of burgeoning domestic extremism and a sour economy, Zardari faces a new crisis this Saturday with the expiration of an amnesty on corruption charges against...
TIME: What mistakes specifically? Zuma: Take the old ministry of minerals and energy. Mines are what [have] shaped the economy of South Africa, it will always remain an anchor of this country - and so it needs its own focus. Energy is also critical for the country. But they were in the same ministry. And as we were experiencing economic growth, and rolling out electricity to rural areas, suddenly there was an electricity shortage. That must indicate weakness. And if we did not see that, that energy was going to be a problem, that points to a shortcoming...
...despite the recent accusations, President of the Harvard Islamic Society Na’eel Cajee ’10 said he believes that it is important to step back from the issue and remain objective until more details are uncovered...