Obama joins Apec Singapore summit
At present my thoughts are on how these talks will effect the Philippines of whom is highly dependent on its exports to USA. It seems Obama is put in on the limbing man act. "Yep we maybe wounded in one leg but the other is strong as ever" "You know our ships, troops and of course WMD, are here for you" then "but hey guys you just got to help us out"
O' master of the Universe has got a problem selling the snake oil and as the recovery is recovering its now a case of stopping one more bigger one that only will see US go down the drain and some of the worlds weakest nations like the Philippines.
Meanwhile the chinese dragon is smiling.
US President Barack Obama has joined 20 other world leaders in Singapore at the second day of the Asia-Pacific Economic Co-operation (Apec) forum.
They have been discussing how to steer the global economy towards recovery.
The BBC's south-east Asia correspondent says other issues will now press their way onto the agenda, such as North Korea and climate change.
Our correspondent says the big issue is how to manage a shifting balance of power, with China in the ascendant.
Speaking in Japan on Saturday at the start of a week-long Asian tour, President Obama pledged Washington's "unshakeable" commitment to the security of the region.
He told the gathering in Tokyo that he wanted to pursue a policy of "pragmatic cooperation" with China, Asia's rising power.
Our correspondent says Asian leaders will welcome President Obama's message of renewed US engagement with Asia, but he will be under pressure to live up to his rhetoric, particularly on free trade