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Relevance of ADB under threat?

Published on December 22, 2014China has spearheaded a move to launch a multilateral bank - Asian Infrastructure Investment Bank (AIIB) - amidst much US-led Western opposition. The President of the Asian Development Bank (ADB) legitimately concerned that AIIB may compromise the relevance of the institution he heads stated that the AIIB would duplicate ADB's work given that ADB's major investment is in the infrastructure sector. The critical question is if duplication of ADB's work is the only concern of the ADB President?Read full story

New leadership seeks to rebuild EU self - confidence

Published on December 22, 2014Short, snappy and focused on two priorities - reviving sagging investment in Europe and standing firm towards Russia, the first European Union summit under new leadership was a demonstrative break with the past. Donald Tusk, the former Polish prime minister who took over the chairmanship of the 28-nation European Council this month, put his briskly opinionated stamp on the meeting of EU leaders, sending them home a day early after a show of unity and purpose.Read full story

Myanmar migrants haunted by memory of tsunami missing in Thailand

Published on December 22, 2014A decade after towering waves wrenched her newborn baby from her arms, Mi Htay remains haunted by memories of the children she lost in the tsunami whose bodies, like hundreds of other Myanmar migrants in Thailand, were never identified. No one knows exactly how many foreign labourers died when the tsunami cut into south-western Thailand as most lacked official work permits and their relatives did not come forward in the days and weeks after the December 26, 2004, disaster fearing arrest or deportation.Read full story