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"United We Stand"

 

Asian American Business Roundtable (AABR)
 
Rawlein G. Soberano. Ph.D., President
 
20224 Thunderhead Way Suite B
Germantown, MD 20874
 
Phone: (301) 601-9038
Toll Free: 1-866-215-4365 (PIN# 4766)
Fax: (301) 601-9430
Email: aabr89@aol.com
 
 
 

AABR Business Bulletin

      Electronic Newsletter

     Vol. 96 No. 191                                                    July 1, 2008

General    Private Sector    Federal Government    International    Miscellaneous

 I. General                    Member Login

(this section available to paid members only) - TO SUBSCRIBE, CLICK HERE

II. Private Sect           Member Login

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 III. Federal Government       Member Login

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IV. International

 

               

 

IV. International (07-01-08)

 

. Worldwide protests over the rising price of fuel escalated with RP presidential palace besieged by trucks and minibuses which blocked roads in Manila leading to the president’s residence They were demanding the government to lift the 12% sales tax on fuel, which has risen 24% this year. Traffic ground to a halt.

     . Opposition groups in Malaysia vowed to push on with mass protests against a 41% hike in gas prices, despite pledge from P.M. to fixed prices for the rest of the year. Malaysia is Asia’s largest net oil exporter.  Protesters demanded to know why rising profits for oil exports were not being used as subsidies for the poor.  A million people are expected for another demonstration this month.

     . Malaysia followed India, Indonesia, Taiwan and Sri Lanka by raising pump prices last month. Truck drivers voted to strike like the rest of Asia, ignoring a $1-billion government aid package designed to cushion the impact of fuel price increases. Nepal was the last Asian nation to raise fuel prices to stem the loses of a state firm.

 

. What is the future of the Spratly Islands, suspected of containing large deposits of oil and gas, but also claimed by Taiwan, Brunei, Malaysia and the Philippines? Presently, China and Vietnam have come to an agreement on where to draw the demarcation line—splitting the area under their sphere of influence and backing it up militarily if it has to go that route.

     . The ranks of the wealthy are growing the fastest in the developing economies of India, China & Brazil. The number of millionaires in India grew by about 23%. The millionaire club has grown to more than 10 million and the rich are getting richer. One in every 3 million millionaires lives in America. Combined, Africa, the Middle East and Latin America account for just 1 in every 10!

 

. Among China’s dozens of minorities, few get along as badly as Tibetans and Muslims. Animosities have played a major, and largely unreported, role in the clashes that have taken place since mid-March

     . During the March 14 riots in Lhasa, the Tibetan region’s capital, many of the restaurants and shops attacked were Muslim-owned. A mob tried to storm the city’s main mosque and succeeded in setting fire to the front gate. Shops and restaurants in the Muslim quarter were destroyed.

     . Over the last 5 years, there have been dozens of clashes between Tibetans and Muslims in Sichuan, Gansu and Quighai provinces as well as in the Tibet Autonomous Region. Most of the incidents go unreported. The state-controlled media are not eager to publicize anything that belies CCP claims that the minorities “live together in a harmonious society.”

 

. China arrested a retired school teacher (Zeng Hongling) who criticized the construction of schools that collapsed in the earthquake, on charges of inciting state subversion,” said the Information Center for Human Rights and Democracy.

     . China and Taiwan agreed to give each party the right to open airline and travel offices on each other’s territory. Taiwan’s president (Ma Ying-jeon) and China’s president Hu Jintao agreed to drop the dispute over Taiwan’s status and work instead to improve ties.

     . Hong Kong authorities announced plans to kill poultry in retail markets because of fears of a dangerous bird flu outbreak. The order does not affect sales of pre-slaughtered poultry sold packaged in supermarkets, as is common in much of the world.

 

. Top Bush adm. officials are delaying a long promised $11 billion arms package for Taiwan, raising the possibility that the issue will be left for the next US president, according to sources inside & outside the WH.

     . As part of the process of approving military sales to foreign countries, the adm. must send a formal notification to Congress which has 30 days to raise questions. Taiwan requested to hold off on notification as it completes negotiation with China on launching charter flights and expanding tourism between 2 countries

     . Top US officials were irritated by Taiwan’s protracted domestic wrangling over the sales, and appear wary of irritating China during negotiations on North Korea’s nuclear weapons.

 

. A powerful earthquake of 7.0 magnitude rocked a rural area of N. Japan triggering landslides and reportedly knocking down a bridge, killing 2 people and injuring dozens.

     . The number of elderly Japanese killing themselves surged 9% to a record high in 2007 (33,093), an increase of 8.9% in 2006, fueled by mounting health and economic worries among seniors in a rapidly aging society, the government said.

 

. North Korea dynamited the dirty gray cooling tower at its deactivated Yongbyon nuclear facility to show the US and the world that it is serious about abandoning its nuclear weapons program.

     . North Korea has promised to reinvestigate its abduction of Japanese citizens in the 1970s and 1980s, a surprise concession that prompted Japan to respond with a pledge to lift some of its economic sanctions against the closed Communist country.

 

. Where is the Philippines heading with a few retired generals appointed as cabinet secretaries in the administration of Pres GMA which is in trouble with the Congress and people? The appointees include Jun Esperon, presidential advisor on the peace process; Eduardo Ermita, executive secretary; Angelo Reyes, secretary of energy; Leandro Mendoza, secretary of transportation & communications; and Homogenes Ebdane, secretary of public highways.

     . In a country where diplomas are shown off as a symbol of success of the 2,000 colleges & universities, only 4 made it in global rankings: University of the Philippines (state) and 3 private-Catholic universities—Ateneo de Manila, La Salle University and University of Santo Tomas.

 

. Thai and US security officials are probing Bangkok-linked international gangs after police in recent months seized thousands of US & foreign passports. The raid uncovered hundreds of real US passports, legally issued to Americans by the State Department, hidden among boxes of fake passports.

     . In Bangkok, tens of thousands of trucks threatened to cause havoc while farmers demonstrated and fishermen burned their boats in nationwide protests against soaring price of fuel and other essentials. The Finance Minister waived plans to help reduce transportation costs. Thai Airways International raised its fuel surcharge by 100% due to rising costs of fuel.

 

. All-India Congress committee member Brij Mohan Bhama has organized a 1-day religious ceremony at Karol Bagh to invoke the blessings of Lord Hanuman for Barack Obama’s success in the US elections.

     . There is s subtle resurgence of introducing the study of Sanskrit, the language of the gods. Critics warn not to promote the supremacy of Hindu thought in a country that is also home to a large Muslim population and other religious minorities.

     . The Gujjar community and 2 other tribal groups (Banjaras & Rewadis) were reserved 5% spots in government jobs & educational institutions, announced the Chief Minister in the state of Rajastan.

     . An Indian woman, accused of witchcraft, was beaten, gagged and burnt to death in a remote eastern village. She was dragged out of her home, her hands and legs tied, and taken to a crematorium where she was set on fire in front of the village which ignored her screams.

    

. Pakistan’s main ruling party said it would reinstate judges ousted by Pres Musharraf only after it has overcome legal obstacles, following a massive rally calling for their reinstatement.

     . Pres Karzai of Afghanistan has threatened to send Afghan soldiers across the border into Pakistan to fight militant groups operating n the border areas of Afghanistan.

     . A.Q. Khan, the father of Pakistan’s nuclear weapons program, is a criminal fink who “genuinely shocked” his own countrymen that he may have transferred his country’s most secret and dangerous information to foreign smugglers so they could sell it for a profit.

     . Islamabad International Airport has been renamed Benazir Bhutto International by Pakistan’s new government, as Pakistanis commemorated the birthday of the slain former prime minister.

 

 

 

 

V. Miscellaneous   

(this section available to paid members only)  TO SUBSCRIBE, CLICK HERE                                      

Copyright 2006 By:
Rawlein G. Soberano, Ph.D.
President
Asian American Business Roundtable
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