Wednesday, November 18, 2009

Barack Obama holds talks on barter with Chinese prime minister

Barack Obama all-overs calmly with the Chinese premier, Wen Jiabao, afore their talks in Beijing.

Barack Obama met the Chinese premier, Wen Jiabao, in the basic today, in talks that were accepted to focus on barter and added bread-and-butter disagreements.

Speaking afore the two men met, Obama said that the American accord with China was deepening to awning all-embracing affairs such as altitude change and security.

Wen said: "We are absolutely on the bend of affective advanced with this relationship."

But barter and bread-and-butter disputes arose in Obama's collective columnist accident with the Chinese president, Hu Jintao, bygone and the two governments are accepted to analyze them added absolutely today.

US admiral had played bottomward expectations of affecting breakthroughs in the talks, although there were signs of beforehand on altitude change advanced of abutting month's Copenhagen summit.

Some analysts appropriate that the absolute collective account issued by the two governments was added able than the columnist accident had suggested.

Bonnie Glaser, an able on China at the Centre for Strategic and All-embracing Studies in Washington, told Associated Columnist the account underscored that "the two countries accept a lot of accepted interests, but it charcoal to be apparent whether they can co-operate to beforehand them".

Obama fabricated apparent in his columnist accident with Hu bygone that he was anxious about China's bill policy. The US wants Beijing to acquiesce the renminbi to appreciate.

Last anniversary there were hints of a accessible acceleration in its value, admitting not in the abbreviate term, but admiral accept back played bottomward such prospects.

He Yafei, the agent adopted minister, told a columnist conference afterwards the collective actualization that advancement a abiding bill during the banking crisis "not alone helped the all-around abridgement but additionally the adherence of the world's banking markets".

With exports accepting collapsed for a 12th ages in a row – admitting at a decelerating clip – Beijing is apprenticed to be cautious.

"Any action changes by China, including on the barter rate, will be based on its appraisal of its own interests, not on alien pressure," said Jin Canrong, an able on China-US ties at Renmin University in Beijing.

Wen is accepted to highlight Chinese acrimony at US barter tariffs – referred to advisedly by Hu bygone – and apropos over US government spending. In March, Wen said about that he afraid about China's all-inclusive US assets.

China has accumulated $2.27tn of adopted barter affluence and analysts accept about two-thirds of that is invested in dollar-denominated assets, authoritative it calmly the more good adopted lender to the US.

Obama will appointment a amplitude of the Great Wall abreast the basic after today, afore aerial to South Korea – area barter will additionally be aerial on the agenda. Seoul is blame adamantine for beforehand on a chargeless barter agreement.

Obama is additionally accepted to altercate North Korea's nuclear programme back he meets Admiral Lee Myung-bak. The US has agreed to accelerate its appropriate envoy, Stephen Bosworth, to Pyongyang for talks.

North Korea bass bottomward adverse address yesterday, adage in an official bi-weekly that it capital more good ties with the South.

Sunday, November 8, 2009

Over 100 dead in El Salvador flooding

MEXICO CITY/SAN SALVADOR: More than 100 people were killed as heavy rains set off mudslides and caused flooding in El Salvador, rescue workers

The rainfall, which came amid a cold front and the remainders of Caribbean Hurricane Ida, caused havoc in other parts of the region including southern Mexico, where more than 200,000 people were affected.

More than 60 people died in the Salvadoran capital, San Salvador, with another 60 missing late Sunday.

More than 40 residents of the town of San Vicente and the surrounding areas around the base of the Chinchontepec volcano perished in mudslides, said Salvadoran Interior Minister Humberto Centeno. One mudslide covered an area of eight kilometres, damaging several towns, he said.

More than 300 houses were destroyed in San Vicente, and streets and bridges in the region had collapsed.

Some parts of the region were still cut off by flooding. The hurricane had grown to a category 2 storm Sunday. It slid along Mexico's Caribbean coast and past the resort city of Cancun on the Yucatan peninsula, where officials reported little damage late Sunday.

Meteorologists at the US National Hurricane Centre in Miami forecast that Ida would continue into the Gulf of Mexico with landfall looming along the US Gulf Coast.

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Tuesday, November 3, 2009

In blow to Barack Obama, Republicans win 2 US state races

WASHINGTON: Republicans surged to victory in two governors' races on Tuesday, wresting control from Democrats and delivering a blow to President
Barack Obama heading into next year's congressional elections.

The victories in Virginia and New Jersey were triumphs for a Republican Party looking to rebuild after being booted from power in national elections in 2006 and 2008.

In both states, Republicans won the votes of independents who had been crucial to Obama's victory last year.

In the traditionally Democratic state of New Jersey, Gov. Jon Corzine, a billionaire former Wall Street executive, was defeated by Republican Chris Christie.

In the other race, Bob McDonnell won a resounding victory over R. Creigh Deeds in Virginia, a state that was once a Republican stronghold but elected Democrats in the last two gubernatorial races and also backed Obama last year.

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Sunday, November 1, 2009

India train crash leaves 14 dead

Fourteen people have been killed when a passenger train rammed into a truck at an unmanned railway crossing in the northern Indian state of Uttar Pradesh.

Twenty five others were injured in the incident that happened in Gonda area on Sunday afternoon, officials say.

The railways have ordered a probe into the incident.

Correspondents say there are often collisions between vehicles - including school buses - and trains at India's many unmanned railway crossings.

Reports said that the overcrowded passenger train which was heading to the city of Ayodhya collided with a truck carrying sand near Rasoolpur village.

Eleven train passengers, most of whom where travelling on the roof, died on the spot, while three others died of injuries at a hospital.

Last month, two passenger trains collided near the city of Mathura in northern India, killing at least 22 people.

One of the trains, the Mewar Express, was stopped at a red signal when the Goa Express rammed into it from behind.

The state-owned Indian Railways form an immense network connecting every corner of the vast country.

It operates 9,000 passenger trains and carries 18 million passengers every day.

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