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| Squabble At Sea |
IN tropical waters off the coast of the
Philippines, a standoff between half a
dozen Chinese fishing boats, two
Chinese law enforcement vessels and
an aging Philippine navy ship recently
attracted a lot of attention in
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| WHY RESCUE BANKS,
NOT THE JOBLESS |
OH, wow - another bank
bailout, this time in Spain.
Who could have predicted
that? The answer, of
course, is everybody. In
fact, the whole story is starting to
feel like a comedy routine: Yet
again ... |
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India will restore investor confidence, Krishna tells US
PTI WASHINGTON ALLAYING doubts about India’s success story, External Affairs Minister S M Krishna has assured American business that India will restore investor confidence and regain economic momentum and growth.
“In an era of global interdependence, not everything is within the powers of national governments,” he said in a keynote address Tuesday at 37th US-India Business Council (USIBC) Leadership Summit on the theme ‘Securing the 21st Century Partnership’ “But we are confident that we will restore investor confidence and regain economic momentum and growth,” Krishna said at the event on the eve of the third India-US strategic dialogue that he cochairs with Secretary of State Hillary Clinton.
“Questions have been raised about economic policy and commitment to implement reforms. Doubts have been expressed whether the story of Incredible India will remain credible!” he said.
India’s confidence, Krishna said, “stems not just from the strong fundamentals of our economy, but, also from the fact that virtually every political party in India has been at some point part of the reform process.”
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