US, China exchange warnings on South China Sea
Which has vital shipping lanes sitting atop vast
oil reserves:
Indonesia: The United States and China appeared
headed Wednesday for a confrontation over the South China Sea at
this week’s East Asia Summit, as they traded warnings over the
territorial dispute..
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US is a Pacific power, and we are here to stay - Obama
AUSTRALIA: President Barack Obama
signalled a pivotal US shift to Asia on Thursday, pledging not to
let Washington’s budget crunch compromise his expansive vision and
military presence in the region
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‘Free market champion’ takes over as Italy PM
Italy: Italy’s Mario Monti, who took over as
prime minister and finance minister on Wednesday, is a free-market
advocate who has tempered his message of “sacrifices” for Italians
with a call for civil unity.
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