Friday, November 30, 2012

U.S. Is Denied Entry Into Asia's Newest Economic Bloc

Asian, European and US exports

Post-US World Born In Phnom Penh -- Spengler, Asia Times

It is symptomatic of the national condition of the United States that the worst humiliation ever suffered by it as a nation, and by a US president personally, passed almost without comment last week. I refer to the November 20 announcement at a summit meeting in Phnom Penh that 15 Asian nations, comprising half the world's population, would form a Regional Comprehensive Economic Partnership excluding the United States.

President Barack Obama attended the summit to sell a US-based Trans-Pacific Partnership excluding China. He didn't. The American led-partnership became a party to which no-one came.

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My Comment:
I concur .... there was no U.S. coverage on this news story, instead .... the U.S. media's focus instead was on Asia's territorial disputes and America's "Asia-pivot".

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