1. TURNAROUND

    U.S. Eases Burma Restrictions

    FOR USE IN YEAREND EDITIONS - FILE -In this Dec. 2, 2011 file photo, Myanmar's pro-democracy opposition leader Aung San Suu Kyi, right, and U.S. Secretary of State Hillary Rodham Clinton react after speaking to the press at Suu Kyi's residence in Yangon, Myanmar. (AP Photo/Saul Loeb, Pool, File)

    Saul Loeb / AP Photo

    The White House will ease the ban on trading and other investments with Burma, as well as name the first U.S. ambassador in 20 years. These steps mark the first significant trading between the U.S. and Burma in decades, and it comes just a few weeks after dissident Aung San Suu Kyi took office—signaling a major step forward in the country’s harsh military rule. Administration officials said Obama’s order would allow the legal authority to impose sanctions but will allow American corporations to make broader investments in Burma.

    Read it at The New York Times