Word: vietnam
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...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 to look to China's success and roll back democracy or copy China's state capitalism. In fact, they are heading in just the opposite...
Those skills have made Gates perhaps the most powerful Defense Secretary since Robert McNamara ruled the roost in the Vietnam War era. But for the left, Gates is a disappointing compromise, a constant reminder of Obama's reluctance to fully repudiate Bush's conduct of the war on terrorism. "Gates is an agent of change within his own empire and not within the broader national-security construct. That is the risk Obama ran. He covered his flank but didn't get change," says a Defense policy adviser. White House staffers are no doubt uneasy about their dependency on this...
...against the wishes of his family. The AP argued that the public needed to know what was going on there. "If you apply the standard that [the Pentagon] decides what images the public will see, think of the civilian massacres we would not know about. The poor girl in Vietnam running naked down the street away from napalm," says Ben Wizner of the ACLU. "It's very important for us to have that documentary history. The backlash they are most concerned about is from the American public, not the world public." (See the top 10 news stories...
...seem passé. But the Detroit-born Hughes brothers have the bona fides to put dreadful war zones on the screen. When they were just 20, they made Menace II Society, a scalding view of gang-plagued Los Angeles. Their next film, Dead Presidents, depicted the scars of Vietnam on a returning vet. After the documentary American Pimp, they sent Johnny Depp in pursuit of Jack the Ripper in the 2001 From Hell, based on an Alan Moore graphic novel. Their films exude a tone of lawlessness and despair. The message: whether it's Victorian London or a saloon town...
...increase in cheaper foreign-sourced goods can lead to inferior quality and buying decisions being made in favor of price over quality," says Peter Wong, an executive director with HSBC in Hong Kong. Vietnam, too, could lose in this scenario, as many of its manufactured products compete directly against Chinese goods on the global marketplace on the basis of lower cost...