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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (58021)1/1/2005 11:07:08 AM
From: RealMuLan  Read Replies (1) of 74559
 
[The US now sees the opportunity]--"US denies rivalry with UN over leading tsunami relief work:"
[World News]: United Nations, Jan 1 : The US has firmly rejected suggestions that it was trying to sidetrack the United Nations in the relief efforts for the victims of the tsunami catastrophe by creating a four-nation "core group" which includes India, Japan and Australia.

The group was created as there was need for a coordination mechanism and it includes countries which have assets, experience and capacity, US Secretary of State Colin Powell told reporters yesterday after a meeting with UN Secretary General Kofi Annan.

The Indians, he said, had already dispatched military units to Sri Lanka.

He did not envisage any major expansion of the group, saying it might be expanded "slightly." But "in due course we hope the Core Group will work itself out of business because we will have brought all the international organisations into play under the overall supervision and leadership of the United Nations," he said.

Annan also underlined "the need for us to cooperate and coordinate our efforts as effectively as possible" and asserted that the immediate need was now for logistical support, including aircraft, to get supplies in as quickly as possible.

Asked whether China would join the Core Group, Powell said Beijing is playing an important role and "I think they can do that without necessarily being a member of the core group." PTI

newkerala.com
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