Burma’s Suu Kyi tells followers not to give up hope

Burmese pro-democracy leader Aung San Suu Kyi has urged thousands of her supporters not to give up hope, a day after her release from house arrest.

The BBC  14 November 2010

“There is no reason to lose heart,” she told a crowd outside the headquarters of her NLD party in Rangoon.

Ms Suu Kyi was released by the military when her sentence ended on Saturday.

World leaders and human rights groups have welcomed her release. She has spent 15 of the last 21 years either under house arrest or in prison.

On Sunday, Ms Suu Kyi’s car was surrounded by a large crowd of supporters as it approached the NLD’s headquarters.

People chanted “We love Suu”, amid thunderous applause..

WIMPS “R” US

It was reported that hammocks are becoming trendy among Tokyoites, in part because lying in one “feels similar to being in the mother’s womb.”

The number of “citizens’ farms” rented out by local governments has increased threefold during the past 15 years.

Declaring that “the Democratic Party of Japan is in bad shape,” 63-year-old former PM Yukio Hatoyama put off retirement from the House of Representatives.

The environment ministry said it is launching a “no-holds-barred campaign” to eradicate the Java mongoose in Okinawa. The creature has been deemed an invasive alien species that threatens local wildlife.

Pacific leaders pledge to pursue free trade

U.S., China, Japan put aside differences as Obama wraps 10-day trip

Associated Press  

YOKOHAMA, Japan – Leaders of the world’s three biggest economies – the U.S., China and Japan – all pledged Saturday to stick to free trade, apparently putting aside acrimony over currencies that has threatened to revive pressures for protectionism.

The vows against backsliding toward retaliatory trade moves came at an annual summit of Pacific Rim leaders, just a day after a fractious summit of the Group of 20 major economies in South Korea.

G-20 leaders not inclined to compromise

At the Group of 20 summit in Seoul, Obama’s effort to win consensus on a unified approach to boost the world economy appears doomed, raising the specter of countries pursuing their own interests.

By Christi Parsons, John M. Glionna and Don Lee, Los Angeles Times

November 12, 2010

Reporting from Seoul – President Obama appeared to fall short in his attempt to forge a unified approach to boosting the global economy as a frequently rancorous meeting of world leaders seemed set to conclude in Seoul on Friday without agreement on specific steps to avert damaging currency and trade wars.

Leaders of the world’s biggest economies showed that they were in no mood to compromise during the two-day summit. Instead, they were headed toward broad, general pledges that did little to mask their inability to find common ground for immediate action.

Sources: Pentagon group finds there is minimal risk to lifting gay ban during war



By Ed O’Keefe and Greg Jaffe

Washington Post Staff Writers  

A Pentagon study group has concluded that the military can lift the ban on gays serving openly in uniform with only minimal and isolated incidents of risk to the current war efforts, according to two people familiar with a draft of the report, which is due to President Obama on Dec. 1 More than 70 percent of respondents to a survey sent to active-duty and reserve troops over the summer said the effect of repealing the “don’t ask, don’t tell” policy would be positive, mixed or nonexistent, said two sources familiar with the document. The survey results led the report’s authors to conclude that objections to openly gay colleagues would drop once troops were able to live and serve alongside them.

More Americans opt for high-deductible health insurance plans

Rising costs lead to a nearly threefold increase in the number of workers covered by the policies since 2006. Health experts worry about consumers who forgo preventive care.

By Duke Helfand, Los Angeles Times

November 9, 2010

Looking to save money in a weak economy, Americans increasingly are turning to health insurance plans with low premiums and high deductibles – prompting doctors and health experts to worry that consumers may be skipping routine care that could head off serious ailments.

Nationally, the number of workers with individual deductibles of at least $1,000 has nearly tripled over the last four years, reaching about 20 million, according to a recent survey of employers.

Some have pushed their deductibles as high as $10,000, and, to keep medical bills low, are forgoing colonoscopies, blood tests and other preventive procedures.

A fresh slate at the Pentagon for Obama

President’s choices could have lasting consequences for national security agenda

By THOM SHANKER

WASHINGTON – With critical decisions ahead on the war in Afghanistan, President Obama is about to receive an unusual opportunity to reshape the Pentagon’s leadership, naming a new defense secretary as well as several top generals and admirals in the next several months.

It is a rare confluence of tenure calendars and personal calculations, coming midway through Mr. Obama’s first term and on the heels of an election that challenged his domestic policies. His choices could have lasting consequences for his national security agenda, perhaps strengthening his hand over a military with which he has often clashed, and are likely to have an effect beyond the next election, whetherhe wins or loses.

Barack Obama’s India trip set to seal £6bn worth of deals for US

Barack Obama’s India trip all about business for US with 20 deals worth £6bn ready to be finalised

Jason Burke in Delhi

The Observer, Sunday 7 November 2010

President Barack Obama and his wife, Michelle, arrived yesterday in the Indian commercial capital of Mumbai on the first leg of a 10-day four-nation tour of Asia to drum up business for American companies and to consolidate relations with key allies in the region.

The couple will also hope to find some relief from the domestic political fallout of the Democratic party’s resounding defeat in midterm elections last week.

The president made his first statement of the trip, the longest he has taken in office, at Mumbai’s Taj Mahal Hotel, one of the targets attacked by Islamic militants in the city just under two years ago.

MILESTONES

For the first time ever in Japan, a woman who received a kidney transplant has given birth. The new mom, who is in her 40s, delivered a baby boy at Osaka University Hospital.

Ahead of next week’s APEC summit in Yokohama, a police bomb unit conducted Japan’s first-ever antiterrorism drill on a shinkansen. The exercise took place at Shin-Osaka station.

Sign of the times: a mass electronics retailer will operate a shop in Ginza for the first time when Laox opens a branch inside Matsuzakaya department store.

Mitsubishi Heavy Industries has unveiled a massive container ship that cuts CO2 emissions by 35 percent. The vessel uses an “air lubrication system” to reduce the “frictional resistance between the hull and seawater by running air bubbles along the bottom.”

JAXA announced that it will shift the focus of its astronaut training programs to Russia ahead of NASA’s planned retiring of its space shuttle fleet next year.

Pace of U.S. bank failures not seen in 2 decades

Total of 143 financial institutions shut in 2010 surpasses last year’s high

By MARCY GORDON

WASHINGTON – Regulators shut down four more banks Friday, bringing the 2010 total to 143, topping the 140 shuttered last year and the most in a year since the savings-and-loan crisis two decades ago.

The Federal Deposit Insurance Corp. took over K Bank, based in Randallstown, Maryland, with $538.3 million in assets, and Pierce Commercial Bank, based in Tacoma, Washington, with $221.1 million in assets. The FDIC also seized two California banks: Western Commercial Bank in Woodland Hills, with $98.6 million in assets, and First Vietnamese American Bank in Westminster, with assets of $48 million.