Geithner to discuss economy, investment in India

[OhioChick]

Source: Economic Times of India

1 Apr 2010, 0239 hrs IST,AGENCIES


WASHINGTON: Treasury Secretary Timothy Geithner will discuss economic stability, financial investment and building up infrastructure with Indian officials when he visits India next week, a U.S. official says.

Geithner will meet with Indian Prime Minister Manmohan Singh and take part in the first meeting of a new U.S.-Indian economic panel in the capital New Delhi and also will visit Mumbai, the financial center, a senior Treasury Department official said Wednesday.

The vice chairman of the Federal Reserve, Donald Kohn, also will be on the trip. The April 6-7 visit is part of a U.S. effort to deepen the relationship with India, the world's largest democracy and most stable U.S. ally in a hostile corner of the globe.


Read more: http://economictimes.indiatimes.com/articleshow/5748950.cms

---

Shouldn't Geithner be discussing economic stability, financial investment and building up infrastructure here in the US?

[Ian David]

1. But they have delicious mangoes. n/t

[DRoseDARs]

2. Torn about this: Obviously we have enough current problems, but have to look deeper into the century

India will be an economic powerhouse in the coming decades. Politically, getting in good with them now and helping them improve their underlying infrastructure helps us as well. It's good policy, but has unfortunate domestic economic timing.

[Demeter]

3. The Blind Leading the Tiger

Guess who gets eaten?

[Po_d Mainiac]

4. Should read....Turbo Timmy goes to India..Begs for bailout of US economy N/t

[dixiegrrrrl]

5. For a heartbreaking, yet lyrical report of the corporate rape of India

this article in the Guardian cannot be beat.
and if it introduces people, as it did me, to Arundhati Roy's writing, so much the better.

Poor people of India do not need Timmy anywhere near the continent.



Gandhi, but with guns

The Booker prize-winning author and activist gains rare access to the tribal people and Maoist guerrillas who - from their camps deep in the Dandakaranya forest - have taken up arms against the Indian state.


http://www.guardian.co.uk/books/2010/mar/27/arundhati-roy-india-tribal-maoists-1

[peacetalksforall]

6. We can be assured it includes military bases - it always does when we court

a country. Perhaps we'll duplicate the Embassy Castle in Baghdad in India - or move it there.

There's more to this than is covered in the article.

Makes me flash back to articles written around the time before the Berlin Wall going down - loaded with speculation about which country, Russia/USSR, China, or India would be the major power over there - that is when it was assumed that we would be a major power - meaning the people of the US, not just the corporations, lobbyists, and bankers of the US.