Wednesday,  Nov. 27, 2013 • Vol. 16--No. 134 • 31 of 36

(Continued from page 30)

US makes some diplomatic headway in Mideast, but problems pile up in East Asia

• WASHINGTON (AP) -- While the Obama administration is making diplomatic progress on some of the Mideast's thorniest security issues, problems are piling up in Asia, a region that President Barack Obama had wanted to play a bigger part in American foreign policy.
• Despite efforts to forge deeper ties with China to make East Asia more stable, Beijing's declaration of a maritime air defense zone has escalated its territorial dispute with U.S. ally Japan. The U.S. responded by flying B-52 bombers through the zone on a training mission Tuesday without informing Beijing.
• Analysts say the risk of a military clash between the Asian powers has gone up a notch -- a serious concern for the U.S. because its treaty obligations mean it could be drawn in to help Japan.
• Meantime, relations between America's core allies in the region, Japan and South Korea, have deteriorated. South Korea is bitter over Japan's attitude toward its colonial past and wants more contrition from Tokyo for Japan's use of Korean sex slaves in World War II.
• That complicates the strategic picture for the Obama administration as it looks to advance its so-called pivot to Asia and strengthen not just its own alliances, but get its partners in the region to collaborate more.
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Gas is nearing lowest prices since 2010, but robust holiday sales may hinge on sharper drop

• WASHINGTON (AP) -- No one begs Santa Claus for cheaper gasoline. Yet falling gas prices are shaping up as an unexpected gift for drivers -- and for people on their holiday shopping lists.
• The average price of gasoline has tumbled 49 cents from its peak this year to $3.29 a gallon, putting it on track for the lowest average since 2010, according to AAA. Because many Americans have had no pay raises, whatever money they're saving on gas has freed up a bit more for other purchases.
• And history shows that when gas prices drop, consumers become more likely to splurge on dinners out. Impulse buys at the mall seem like less of a stretch. More people buy a gas-station gift card after fueling up.

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