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Limelight on Political Changes, Risks in Major Asian Economies in 2012

Limelight on Political Changes, Risks in Major Asian Economies in 2012

The Asian political canvas looks challenging in 2012, with government changes in key countries likely to surprise investors and businesses. The highlights are a once-in-a-decade leadership change in China, chances of an early general election in India, worsening uncertainty in Pakistani politics and general elections in South Korea, Taiwan and Malaysia.
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Iranians Abandon Sinking Rial for Gold as Sanctions Bite

As the Iranian rial hits all-time lows against the United States dollar in the wake of imposed international sanctions, Iranians seek safer havens in more global currencies like gold, according to a leading economist at the National Commercial Bank in Saudi Arabia.
Yemen's outgoing President Ali Abdullah Saleh speaks during a news conference in Sanaa

Yemen's President Saleh Cancels U.S. Visit

Yemen's Ali Abdullah Saleh will not be traveling to the United States for medical treatment. The embattled leader will stay at home to help with the transition of power following his departure for office.

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