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...During the Bush years, senior officials paid about as much attention to Southeast Asia as to New Orleans' levee system. Policymakers would jet into Singapore to take in a couple of days of private meetings with local officials, then return to Washington never having set foot in regional giants like Indonesia. And when the White House did attend to Indonesia or Malaysia or Thailand, it usually focused only on talking to the élite, or about counterterrorism. Now, with Indonesia, which is proving to be Southeast Asia's most vibrant democracy, the Obama Administration sees an opportunity to build...
...undertake wholesale reforms in order to win loans? In the past the IMF has imposed tough conditions on borrowers, requiring them to prioritize economic and financial reforms ahead of political and social considerations. It's an issue that must be addressed anew, says Boutros-Ghali. "You want a minimum set of policies to make sure things don't get worse," he says. "[But] do we tell them to adjust right now, when it's most difficult? Or do we just give them the money...
...says. What's worse, he then discovered that the company may have sold his property twice. "I thought Dubai looked like the safest place to invest in the Middle East," he says. "They appeared to have laws that would protect investors." But Dubai's real estate regulatory body was set up just two years ago. And Dubai's legal system gives no right to bring class-action suits, leaving Knight and his group drawing names out of a hat to see which of them gets to go first...
Swiss food giant Nestlé is a pioneer in the field. It set up its halal committee way back in the 1980s, and has long had facilities to keep its halal and non-halal products separated. Turnover in halal products was $3.6 billion last year, and 75 of the company's 456 factories are geared for halal production...
...runner-up Grand Jury Prize went to Un prophéte (A Prophet), a complex, absorbing, fairly conventional prison drama directed by Jacques Audiard. In the manner of last year's Palme d'Or winner The Class, set in a Paris junior high school, this is a documentary-style study of French minorities in an enclosed environment that sets its own rules. The main tension - and there's plenty in the schemings of rival ethnic gangs - comes from the relationship of a young Arab (Tahar Rahim) and his aged Corsican mentor (Niels Arestrup). When asked at the post-show press...