Barack Obama arrived in India on Saturday in the first stop on a four-country tour of Asia that will also take him to Indonesia, South Korea and Japan. More important, it will get him out of the US, where he has just suffered a mid-term humiliation.
On the face of it, President Obama might not seem too welcome in Asia either. He disembarked from Air Force One just a few hours after his central bank announced a second round of quantitative easing that will cause more pain for the region’s exporters and attract further flows of hot money. But this is a mere detail compared to the political boost attached to an American...
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