World Bank chief backs BRICS bank idea
Proposed by leaders of emerging countries:
BRAZIL: Outgoing World Bank president Robert
Zoellick on Tuesday gave his backing to a new development bank
proposed by the leaders of the BRICS emerging countries. Zoellick
said the World Bank would be prepared to work with the new financial
Myanmar, N Korea in focus as ASEAN summit starts
Cambodia: Southeast Asian leaders met yesterday
for an annual summit set to be dominated by Myanmar's historic
reforms, North Korea's planned rocket launch and strategic maritime
disputes with China.
Combative Obama warns Supreme Court on health law
US: US President Barack Obama on Monday
challenged the “unelected” Supreme Court not to take the
“extraordinary” and “unprecedented” step of overturning his landmark
health reform law.