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Widen your perspective: take into account what's happening in Asia outside of China, and the message from the East looks starkly different. The problem with today's analysis of Asia is that it is far too focused on China. China is not Asia. In fact, in many ways, it is the exception (albeit a big one). Asia's other giant outperformer - India - is a quite fractious democracy. Only one significant economy - Vietnam - is following China's lead. Just about everywhere else, policymakers are rejecting the China model. The severity of the financial crisis hasn't caused political leaders...
...mainstream media today often has another agenda beside the real search for truth,” Ashong said...
...Today, America’s hottest protest movement begins its first national summit. Sarah Palin will headline the National Tea Party Convention at the illustrious Opryland hotel in Nashville, Tenn. Hundreds will demonstrate against elitism and reckless spending by enjoying steak-and-lobster dinners in their $500 seats...
...need not cater to individualistic temper tantrums, but we also should not dismiss out of hand the views of a large part of the citizenry. Whatever happens in Nashville today, it shouldn’t be taken as a representation of the tea party movement. Democrats must better respond to the concerns of disconcerted Americans. A movement of “leave-me-aloners” can only form so much solidarity and might diffuse rapidly, but only if a compelling response is offered. Democrats need to reaffirm a narrative and clearly outline how our common sacrifices will help American...
...Today, thanks to a grant funded by the American Recovery and Reinvestment Act—President Barack Obama’s $787 billion stimulus package, which allocated $21.5 billion for research and development—the two still have their jobs...