Current Events Summery 6

Foreign Relations South Asia

In recent news Japan's Prime minister decided to use its rarely invoked override power to go around a previous law that had stopped Japanese war ships from helping fuel American ones in the Indian Ocean. These American warships are ones that are stationed near Afghanistan and the Prime Minister hopes to gain favor by showing some support for the war on terror. Though the prime minister hopes this will improve Japans international image, there has been much opposition with others stating that this decision to override the registration "lacks a UN mandate and violates the country's pacifist constitution". India's economy and trade market has been facing some great turmoil recently due directly to problems in the US trade market, which is a huge market for Indian exports and outsourcing contracts. Though there was a step fall of 5 percent and then another 7 percent, there has been some recent recovery. This also was a direct effect of the us trade market where the US federal reserve has decide to make biggest cuts to interest rates that they have seen in 25 years. Though this cut has given hope for some positive growth in Indian and general Asian and Europe markets, analyst are still strongly recommending people to watch the market with caution regarding the market for the next upcoming months. In more upcoming news many predict that countries, especially ones in Asia, that have in recent years become extremely active and powerful in the markets to face problems that have been plaguing the US to spread over to them. Trouble in the US could now decently mean a slower growth in Asia which has been sharing a strong and benifical trade with the US market. Sri LanKan has been facing recent tragedy in respect to its upcoming celebrations. Sri Lanka was in a state of celebrating its 60th anniversary of independence from Britain when a least 50 people died in a bus bombing. This bombing is suspected to most likely to have been set of by The Tigers. The Tigers are fighting rebels that have been fighting to make north and east Sri Lanka a independent state. Though these rebels originated in 1983, there has been an intense surge in the civil war in Sri Lanka recently as there has been much tension between the government and the rebles as well as other deadly bus attacks. An illegal organ trading "mastermind" from India has just be arrested in Nepal. Amit Kumar was found in a hotel in southern Nepal. India has asked Nepal to hand over the culprit so that he can face questioning on how he bribed hundreds of poor labors into illegally selling there kidneys and then reselling them to the wealthy in desperate need of a transplant. This sort of human organ trade is illegal and banned in India.

New Blog

I will be using a new blog for my history project. The link is http://charlottehistoryproject.blogspot.com/

I will continue to post any current events summeries or homeworks on this blog.