Thousands of workers were part of a strike in an important north Indian industrial hub Tuesday, underscoring touchy labor relations in Asia’s third-largest economy.
Thousands strike in India’s industrial hub
Tag Archives: asia
N. Korea seen as using bargaining chips
North Korea’s announcement last week that it has begun reprocessing nuclear fuel rods at the Yongbyon nuclear facility about 60 miles (nearly 100 kilometers) north of the capitol, Pyongyang, raises questions about the secretive nation’s agenda. CNN talked to two top North Korea experts to gain insights into what North Korea may be signaling, what it is realistically capable of accomplishing, and what the developments mean for its relations with the U.S
IMF: World economy won’t recover until 2010
World economy — better luck next year. That’s the message the International Monetary Fund gave this week, further downgrading its projection of 2009 global economic growth to -1.3 percent — nearly 2 percent less than originally forecast. The IMF called it “the most severe recession since World War II.” A modest recovery is predicted for 2010, but at 1.9 percent would be “sluggish relative to past recoveries.” “These projections are based on an assessment that financial market stabilization will take longer than previously thought, even with strong efforts by policymakers,” Oliver Blanchard, IMF chief economist and Jose Vinals, head of the IMF’s monetary and capital markets department, said in a joint statement.
South Korea edges past North in World Cup qualifier
South Korea scored a late goal Wednesday to defeat North Korea 1-0 in a World Cup qualifying match set amid the backdrop of heightened political tensions in the region. Substitute Kim Chi-Woo scored in the 88th minute when his left-footed free kick went past defenders and into the back of the net. Replays showed that a North Korean defender may have deflected the ball just enough to prevent goalkeeper Lee Woon-Jae from the save.
Clinton: Chinese ‘human rights can’t interfere’ with other crises
U.S. Secretary of State Hillary Clinton broached the issue of human rights with Chinese leaders Saturday, but emphasized that the world economic and other crises are more pressing and immediate priorities. “Human rights cannot interfere with the global economic crisis, the global climate change crisis and the security crises,” Clinton said in talks with China’s foreign minister
Clinton: China and U.S. must have a positive relationship
U.S. Secretary of State Hillary Clinton met with China’s top leaders Saturday, the last and most crucial stop-over in her Asia trip, signaling the new U.S.
Pakistan and China: A Fraying Friendship?
There is an old Chinese proverb that says to attract good fortune, spend a new penny on an old friend. On Friday, an old friend is due to come calling in China