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...concept of linking some of the world's fastest-growing economies isn't new. Various versions of an Asian free-trade zone have been mooted in the past. But with Asian economies leading the world out of recession while America languishes, the topic is coming up with increasing frequency. At a meeting of regional leaders hosted by the Association of Southeast Asian Nations in Thailand last month, Japan's Prime Minister Yukio Hatoyama proposed an "East Asian community" that would bind together Japan, China, South Korea and the 10 countries of Southeast Asia, plus India, Australia and New Zealand. Hatoyama...
...President Barack Obama during his scheduled appearance at APEC in Singapore. But some American businessmen support the idea - as long as the U.S. is included. Creating a common set of trade rules would simplify the bewildering spaghetti bowl of bilateral trade agreements that have been signed between various Asian countries in recent years, executives say. Others, worried about their prospects in a China-led free-trade zone, are eager to see APEC take the lead. Says Kevin Thieneman, the Southeast Asia and India country manager for industrial-equipment giant Caterpillar: "There must be a realization by the Obama Administration that...
...world every year and kills nearly a million. The mosquito-borne parasite is the third deadliest infectious disease in the world, after HIV/AIDS and tuberculosis, and most of its victims are children. With the help of tens of millions of dollars from the Bill and Melinda Gates Foundation and various governments, the global health community - from biochemical engineers in Berkeley, Calif., to village volunteers in Battambang, Cambodia - is racing to eliminate the increasingly resistant parasite before it's too late. This week, the Global Fund signed off on a $220 million-plus project called the Affordable Medicines Facility for malaria...
...official message on the President's travels through Asia is that the U.S. cares about the region. "America understands the importance of Asia in the 21st century," White House aides repeat, in various iterations, with some frequency. On Friday night in Tokyo, Deputy National Security Adviser Ben Rhodes went so far as to call Obama, "the first Pacific President that the U.S. has had" - a reference to Obama's childhood years in Hawaii and Indonesia. (See pictures of the first eight months of Obama's diplomacy...
...decades, the Alavi Foundation's affairs have been directed by various Iranian officials, including Iranian ambassadors to the United Nations, in violation of a series of American laws, Bharara said in a statement. There are also pending federal criminal charges against the foundations former president for obstruction of justice. Bharara's office later clarified that there was no allegation of wrongdoing on the part of the tenants or occupants of the properties...