Asia

Asia likes McCain's free trade, Obama's diplomacy

Asia likes McCain's free trade, Obama's diplomacyBangkok ­ One thing is for sure: the next US president will come to the White House with some first-hand experiences in Asia.

Republican John McCain, 72, a decorated war hero, was shot down on a bombing mission in 1967 over North Vietnam, captured and tortured in the notorious "Hanoi Hilton," where he was kept as a prisoner of war until 1973.

Democrat Barack Obama, 47, spent part of his peripatetic youth in Indonesia, where he attended a public Muslim school - not a Madrassah as some of his critics have alleged - in Jakarta between 1969-71.

ASEM endorses India’s call to solve global financial crisis

ASEM endorses India’s call to solve global financial crisisBeijing, Oct 25 : The Asia-Europe Summit has concluded here with a call to the Asian and European nations to safeguard international financial stability and promote world economic growth.

The two-day Summit of the 45 members Group, made a fervent appeal for a joint global action to respond to the financial crisis.

Development has to be inclusive: Prime Minister at ASEM

Manmohan SinghBeijing, Oct 25 : Prime Minister Dr. Manmohan Singh said that development has to be inclusive, at his maiden speech at the 7th Asia Europe Meeting (ASEM), in Beijing on Saturday.

Describing sustainable development as one of the biggest challenges of present times, Dr. Singh said a lot of cooperative work is needed to transform it from a mere buzz word to an operational strategy for development.

He said, Asia is home to the largest concentration of the world''s poor and poverty eradication at this scale requires a collaborative global effort to promote development and in particular to create job opportunities.

Asian, European leaders target new climate change goals

Global WarmingBeijing - Asian and European Union leaders on Saturday committed their 43 nations to agreeing new goals on climate change by the end of next year.

The 16 Asian and 27 EU leaders issued a joint statement saying they planned to finalize a post-Kyoto Protocol deal on climate change goals to 2012 at talks in Copenhagen scheduled for December 2009.

New targets for reducing greenhouse gas emissions would build on the December 2007 climate change conference in Bali, Indonesia, they said, calling on developed nations to show "strong leadership".

Asia, EU call for decisive action on financial crisis

ChinaBeijing  - Asian and European Union leaders on Saturday called for the international community to act quickly and decisively at a conference on responses to the global financial crisis next month in Washington.

"We have all understood that it would not be possible simply to meet and have a conversation," French President Nicolas Sarkozy said of the planned summit on the crisis on November 15.

Asia, EU call for quick, firm response to financial crisis

Beijing - Asian and European Union leaders on Saturday called for the international community to act quickly and decisively at a conference on responses to the global financial crisis next month in Washington.

"Lessons should be learned from the financial crisis, the responsibilities should be clarified for governments, companies and supervision respectively," Chinese Premier Wen Jiabao told reporters at the close of the biannual Asia-Europe Meeting (ASEM).

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