Epstein Secrets

n the city-state of Singapore. Since 2011, former wartime opponent Vietnam has allowed the US Navy to use the port of Cam Ranh Bay. Meanwhile, the Philippines are likely to become America's most important partner in a separate, but similar, conflict over disputed islands in the South China Sea. Some 40 pe

vanced army, would prove to be a significant opponent for China in the event of an outright military conflict. What's more, Japanese Prime Minister Shinzo Abe has expressed a desire to water down his country's strictly pacifist constitution. US 'Pivots' to Asia In 2011, Obama announced a "pivot" to the A

ict. What's more, Japanese Prime Minister Shinzo Abe has expressed a desire to water down his country'

spread, relief agencies pla=ed increasingly large orders. About 100,000 of the lamps have been (or are being) used after emergencies in Japan, the Philippines, Thailand and Syria. Sunlite makes 15,000 lamp= a month at two plants in India, including one in a special economic zone =n Gujarat state. 34 EFTA

site more than two years after a powerful earthquake and tsuna=i set off meltdowns at three reactors. They come two weeks after=the prime minister, Shinzo Abe, promised that his government would take a =ore active role in the site's cleanup, raising questions over how seriously he has taken that pledge. Mr

promised that his government would take a =ore active role in the site's cleanup, raising questions over how seriously he has taken that pledge. Mr. Abe's government has co=tinued to push for a restart of the country's nuclear power program, and=he heads to the Middle East on Saturday to promote Jap

h=licopter. Quarrels have intensified between 8 EFTA_R1_01368268 EFTA02368878 South Korea and Japan, North K=rea and South Korea, China and the Philippines, India and China. Taiwan is=always a possible flashpoint. Any one of these could drag the United States in. The scariest develo=ment may be in Nort

ury, maybe it's because new leaders in every key countr= are second- or third- generation, bearing the burdens of their past. Japan=se Prime Minister Shinzo Abe is the grandson of a leader of imperial Japan—including in occupied China — who remade=himself as a pro-American prime minister after World War II.

ens of their past. Japan=se Prime Minister Shinzo Abe is the grandson of a leader of imperial Japan—in

Netherlands France Austria EFTA01464497 Hungary Portugal Italy Ireland Spain Greece China Indonesia Thailand Brazil Taiwan Malaysia Philippines Hong Kong India Singapore EFTA01464498 28 February 2013 Exchange Rate Perspectives Figure 17: BoJ Balance Sheet Yet To Grow As Fast As Fed Or

ency markets are no longer reacting as strongly to such measures. Instead, other central banks are catching up to Fed easing, such as the BoJ since Abe's election (or even earlier the SNB in 2011), are having a distinctly bigger a more negative impact on their currencies over the dollar. Finally,

2.2 3.01 1.1 02 15 2.51 4.0 4.5 4.5t 2.4 1.74 2.44 3.0 4 Malaysia 5.1 5.3 5.1 6.3 3.6 6,5 5.0 4.5 4.5 5.0 1.7 1.2 2.3 2.6 Philippines 3.8 6.4 4.8 5.0 52 43 t 4.5 4.9 t 5.3 t 5.3 t 2.9 2.3 2.3 2.9 Singapore 4.9 1.2 1 2.3 0.5 -5.9 1.8 1 6.1 t 1.6 4.1 6.1 5.3

llowed by EMU, with the new Washington compromise or Fed hawkishness more in the camp of shorter-term tactical games. • Starting in Japan, new PM Abe has strong convictions, incentives, and we believe the ability to push true fiscal stimulus financed by massive QE. Expectations of Japanese reflat

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a large number of jumbo jets over the Pacific. In a test, the perpetrators in 1994 blew up an unsuspecting Japanese businessman in his seat on a Philippines domestic flight by wiring a device using a watch and liquid explosive in a contact-lens case. This proved to the terror- ists that they could get

n from Lebanon have been a con- stant in Eli Ben-Abe's life for nearly four decades. As he waited ou