assets backfired.On Sunday, paper SonntagsZeitung reported the results of a poll that showed 75 percent of participants would vote in favor of government-imposed restrictions on management pay in Switzerland. Only 9 percent said they would vote against.The poll of over 1,000 Swiss voters was carried out for Thomas Minder, a businessman heading a campaign against excessive management pay.The campaign has already handed in a petition to the Federal government to force a national vote on the issue, which could take place in around a year's time but might have to wait until 2012.(Reporting by Jason Rhodes) France. The relationship between South Asia's nuclear powers is dogged by mutual suspicion and the fate of Kashmir.* India wants Pakistan to do more to crack down on militants operating on its soil, who have in the past crossed the border and launched attacks on Indian cities. New Delhi accuses its neighbor of egging on militants to destabilize India.* India may face pressure from the United States to resume a stalled peace process and start talks about Kashmir, as President Barack Obama needs Pakistan's focus to be on fighting a powerful insurgency in Pakistan and Afghanistan.DOHA TRADE TALKS* India must somehow negotiate a favorable deal at the Doha world trade talks. But there is little fiscal space for the new government to cut tax rates this year.PAKISTAN* Remains New Delhi's biggest foreign policy challenge after the Mumbai attacks.
NEW DELHI (Reuters) - These are the main challenges facing India's ruling Congress-led coalition after its election victory on Saturday. WorldECONOMY* The new government must lift growth in Asia's third-largest economy amid a global slump and contracting domestic demand. Growth could be as low as 6 percent this year compared with nearly double digits in earlier years.* A stimulus through higher government spending will increase already heavy borrowing, which is also crowding out private investment needed to expand factory capacities.* India's consolidated fiscal deficit is estimated at 9 percent of gross domestic product for 2009/10, and fresh stimulus measures would mean widening the deficit and higher borrowing.* Another key challenge for the new government and the central bank would be to urge commercial banks to reduce their lending and deposit rates.* Industry bodies are demanding cuts in corporate and individual income tax rates, and extension of tax breaks for infrastructure sectors. Rising numbers can indicate that a backlog of cases is being processed, as well as the spread of the disease.The number of cases of H1N1 flu virus in Japan climbed to 17 on Sunday, a health ministry official said, against seven listed in the WHO figures.Counterparts in China said the country's capital, Beijing, had its first case.(Reporting by Jason Rhodes) China Japan Mexico Turkey Swine Flu. The spread of the disease has led the WHO to declare a pandemic is imminent. On April 29 it raised its pandemic alert to 5 on a 6-level scale.The virus is behaving much like a seasonal influenza strain, which kills 500,000 annually, by spreading rapidly and causing mainly mild disease, but severe illness in some people.The WHO said Mexico has reported 2,895 confirmed cases including 66 deaths. The United States has reported 4,714 confirmed cases including four deaths.
Canada has 496 confirmed cases and Costa Rica nine cases, both with one death.The WHO's tally lags national reports but is considered more secure. (Reporting by Peter Dinkloh and Eva Kuehnen, editing by WillWaterman). ZURICH (Reuters) - The number of confirmed cases of the new Influenza A (H1N1) flu has climbed to 8,480 and the death toll has remained static at 72, the World Health Organization said in its latest update on Sunday. China | Japan | Mexico | Turkey | Swine FluThe confirmation of cases in India, Malaysia and Turkey brought the number of countries with confirmed cases of H1N1, commonly known as swine flu, to 39, the WHO said.The vast majority of cases have been in Mexico and the United States. Another roughly 50 percent could be held by the owners ofthe warehouse buildings and the remainder by banks, Bild amSonntag said. Metro Chief Executive Eckhard Cordes had said at Metro'sshareholder meeting on May 13 that Metro told Berlin it wantedto be involved in any talks about a bailout as debt-ladenArcandor prepares to seek German government assistance to helpcounter a severe downturn in demand. The paper said, without saying where it obtained theinformation, that Metro planned to hold about 50 percent in acombination of the two department store chains.
