Pacific Tribune
Gathering Art and Lifestyle News about Issues for the Pacific Basin
Deepening US Financial Crisis: China Daily viewpoints
Thursday, October 9th, 2008
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China cuts rates to ward off slowdown
China, following other economies, cut the benchmark deposit and lending rates by 0.27 percentage point Wednesday to anchor its economy amid a worsening global financial crisis. Fed’s Emergency Rate Cut 
Japan Stocks Dive 9.4% Iceland on Brink of Bankruptcy World Economy to Slow Sharply Full Coverage
Japan Stocks Dive 9.4% Iceland on Brink of Bankruptcy World Economy to Slow Sharply Full Coverage
朝日新聞社：U.S. public funds key to recovery
Thursday, October 9th, 2008
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asahi.com（朝日新聞社）：U.S. public funds key to recovery - English
Share prices in Tokyo and elsewhere will not make a meaningful rebound until the United States decides to recapitalize ailing financial institutions with taxpayers’ money, economists say.
U.S. Ambassador to Nicaragua where his mandate is entirely different: to work in cooperation and support of the Sandinista government.
Wednesday, October 1st, 2008
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Nicaragua Newspaper, The Nica Times Online Edition,
U.S. Envoy Tackles Tricky Relationship–MANAGUA, Nicaragua – When Robert J. Callahan worked in the U.S. Embassy in Tegucigalpa in the early 1980s, he represented an aggressive U.S. administration that sought to undermine Nicaragua’s Sandinista government by arming and training counterrevolutionary insurgents based in Honduras. As the political gods would have it, 25 years later Callahan is back in the neighborhood, only this time as the U.S. Ambassador to Nicaragua where his mandate is entirely different: to work in cooperation and support of the Sandinista government.
Viet Nam News
Monday, June 30th, 2008
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Ha Noi — Viet Nam is expediting the process of international economic integration by creating favourable conditions for foreign investors, including those from the US.
State President Nguyen Minh Triet said this while receiving General Electric (GE) vice chairman John G Rice in Ha Noi last Friday. He congratulated Rice and GE for receiving the licence to build an electric generator and component factory in the northern port city of Hai Phong.
Girl killed in Highland Park shooting is identified: Los Angeles
Wednesday, May 28th, 2008
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This is an extremely sad story that speaks volumes about the level of crime in Los Angeles.
Full story here: Girl killed in Highland Park shooting is identified - Los Angeles Times
Perez was shot while riding in the back seat of her parent’s SUV in Highland Park on Monday. According to the Los Angeles Police Department, the assailant opened fire on another motorist, Fabian Aguirre, 33, of Highland Park, who had stopped his pickup alongside the SUV. Both vehicles were at York Boulevard and North Avenue 64, waiting for the light to change.
Yuan’s rise hits China-based exporters hard
Friday, May 2nd, 2008
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Yuan’s rise hits China-based exporters: US biz official
WASHINGTON — The rapid appreciation of the Chinese currency against the US dollar is taking a big toll on Asian companies using China as base for exports to the United States, according to a top US business official.
China’s yuan trades 7:1 against the dollar
Monday, April 7th, 2008
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China’s yuan trades 7:1 against the dollar
China’s currency, the yuan, has continued its strong ascent in value against the US dollar, as the central bank set the medium parity trading rate at 7:0015 against the greenback on Tuesday. There only exists a wafer thin distance to reach the benchmark of 7:1 yuan vs dollar ratio. The People’s Bank of China abolished a fixed rate targeting the US dollar in July 2005. Since then, the yuan’s value has been determined by the market performance of a basket of major foreign currencies, including the dollar, the euro, and the Japanese yen
News from the Saipan Tribune
Friday, April 4th, 2008
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Comprehensive article here: Saipan Tribune
Artillery training on Tinian eyedBy Mark Rabago
Assistant EditorThe U.S. Marines is looking at Tinian as a possible training ground for its artillery units once 8,000 of its troops relocate from Okinawa to Guam.
This was disclosed yesterday by Marine Corps Bases Pacific MCI MidPac Director Col. Clyde T. Burton in an e-mail to the Saipan Tribune.
Burton said he discussed the service’s plans for the region in Wednesday’s 2008 Pacific Aviation Directors Workshop held at the Fiesta Resort & Spa Saipan, but he did not delve into details because the Marines are still at the conceptual phase of developing its training plans.
“We are beginning to work on a master plan which will lead to more details in the future. However, because of the need for coordination of aviation with indirect fires, I did note at the FAA conference that we may have mortars and artillery positions as part of our training ranges on Tinian.”
US-China ties crucial for Pacific region - Australian PM
Tuesday, April 1st, 2008
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US-China ties crucial for Pacific region - Australian PM
WASHINGTON - Australian Prime Minister Kevin Rudd called Monday for careful management of US-China relations, saying it was critical for the success of the “Pacific Century.”
ANA to upgrade with Japan-made planes
Sunday, March 30th, 2008
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First the Europeans abandon the US airplane manufacturing industry now Japan? Boy as the world turns.
asahi.com : ANA to upgrade with Japan-made planes - ENGLISH
All Nippon Airways Co. will purchase 25 passenger aircraft manufactured by Mitsubishi Heavy Industries Ltd., the first domestically produced passenger planes in more than three decades.
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