In 2013, business travellers could see increased costs in Latin America, Asia and Eastern Europe as executives look for new opportunities in these emerging markets.

BBC: Prices predicted to rise in emerging markets

Gay's rivalry with Bolt over the 100m and 200m looks set to continue in the Diamond league next summer - the new-look Golden League which will cover Europe, the Middle East, Asia and the United States.

BBC: Gay set to be fit for new season

The U.S.-Japan alliance serves as the cornerstone of peace and prosperity in the Asia Pacific, and we look forward to working closely with the new Japanese Prime Minister, cabinet, and the people of Japan on a range of important bilateral, regional and global issues.

WHITEHOUSE: Press Briefing by Press Secretary Jay Carney,