There has been a lot of transformation in the relations of US and Myna-mar as the two countries have been a long way to establish their relationship. The two countries have been establishing diplomatic relationship as Washington has taken up steps in terms of small one towards the relationship of Yangon. The recent visit of Hillary Clinton to Myanmar over a half a century as there is a several economic restrictions reduced by US to Myanmar.
Over decades US has imposed many of economic restrictions and these were pressurizing the military junta which has been reduced by US secretary. US will further not blocking the Myanmar access to the funds given through the International Monetary fund and World Bank stated US. The new government of Myanmar has started to engage so Washington has moved from the Long policies and isolating from the Myanmar issues. Even though there has been a lot of steps taken up towards democratization the new government of Myanmar has taken up while US has shifted the Myanmar strategy.
The quasi civilian government of Myanmar by the US has released that the sanctions have been a total failure and has raised the concerns. There has been a raised concerns in US over the strong presence of China in Myanmar that has motivated to change the US approach. There has been signs of trouble in Myanmar relations along with China and that would have pushed Washington release over the available opportunity. The concerns over the Burgeoning cooperation along with North Korea has pressurized US to gave a close relationship with Myanmar. The gestures of Washington and the recent engagement with Yangon can be seen during the visit of Hillary Clinton in the field of nuclear and Missile field.
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Due to the 100% foreign direct Investment(FDI)in retail there has been major controversy faced by most of the developing countries. There has been a positive story behind the FDI from the Chinese experience after two decades of retail and is about 26% till now. There has been a rapid growth and has been in the backdrop in the increase in the market consolidation and has increased production. The FDI has shown in the market consolidation,production raise and rising investment in rural market and rise in the exports.
These changes having a refreshingly positive tale says some of the analysts and some foreign retail have come out with management business.The local retailers have been able to dominating their Foreign competitors in their Chinese procurement of logistics says analysts. In-spite of all the fears present in the FDI the local companies have learned to out compete their rivals and ultimately reached their level. The Chinese foreign biggest retail includes The Shanghai Bailian group,Sunning,Gome,Walmart and Dashang shows some of the research studies.
There has been a sigh of relief of president Barack Obama which has moved the hovering just above 9% for the year 2011. The unemployment rate has dropped by about 8.6% for the month of November showing a plus point for the suffering economy. According to the monthly report as given by the Bureau of Labour Statistics(BLS) there has been raise in the payroll employment. The payroll employment has risen by about 120,000 and continued trend up in the retail trade,leisure,professional,business services and health care.
The news has received with pleasure bu the Obama administration and the media has been swamped with some of the bad news over the economic front. The news from some of the reports shows the downgrade of the major US banks credit rating by the Standard &Poor and some bankruptcy filed by American Airlines. The positive employment trend has been seen in many of the Private sector and partially seen in the government employment stated BLS stated. The chairman of the council of economic advisories Alan Krueger has given a note over the cautious optimism over the employment reports.
The employment report gives further evidence over the economic healing from the downturn since the depression and showing a pace of development. Last 2007 the growth has began just. Since march 2009 there was a lowest unemployment rate and there has been a drop in unemployment by about 315,000 pointed out Krueger. The household survey has been seen due to the decline showed by the labour force and about half of them due to the unemployment rate.
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The attack by an helicopter on Pakistan Army border posts in Mohmad tribal agency have created tense relationship. The tense relationship between Islamabad and Kabul has been in a rough weather during September after the assassination. The assassination of the High Peace Council chairman Burhanuddin Rabbani has stirred up the relationship between the troops. On Sunday Afghan government protested by Islamabad over the use of soil by the north Atlantic Treaty Organization(NATO).
As reports say that attacking Pakistan Afghanistan had deployed helicopters in the Easter Kunar province. There is still not yet a clear picture whether the firing was from the Pakistani side terrorists or the security. According to the contention of Pakistan the border posts were actually unprovoked and a unclear picture can be seen. The border demarcation present in the ground has been used the terrorists for the advantage causing problems for officials.
The attack has wake for many of the cross border incursion into Pakistan from Afghanistan through the summer. The heavy coalition forces which have been present in the west of the Durand line has stirred the anger and directed against US. Various parts of country protests march were being held near the US consulate in Karachi and funeral prayers were offered.
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