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Showing posts from November 21, 2021

Only 7% of urban Indian women have paid jobs

Only 7% of urban Indian women have paid jobs The government could do much more to help women find work Feb 20th 2021 I ndia will  soon end China’s long run as the world’s most populous country. But by some projections its workforce will not exceed China’s until mid-century, even though Indians are much younger. One reason is that so few women in India are in paid work (see  article ). The International Labour Organisation says that only a fifth of adult women had a job or sought one in 2019, compared with three-fifths in China. The Centre for Monitoring Indian Economy, a local research firm, put the share of urban women in or looking for work at just 7% in November. Listen to this story Enjoy more audio and podcasts on  iOS  or  Android . During the pandemic, women have typically been the first in India to lose their jobs and the last to regain them. School shutdowns have forced some to drop out of the labour force to look after children who would normally be in class. Young women who

China’s debt-reduction campaign is making progress, but at a cost

By   Hung Tran “Unstable, unbalanced, uncoordinated and unsustainable.” That’s how former Chinese Premier  Wen Jiabao once described  China’s economic growth, revealing the shaky truth that lies behind impressive headline growth figures: China’s dependence on increases in debt, in particular corporate debt, which has soared to  record highs  in recent years. The Chinese government has been trying to slow and even reverse the growth of debt, consistent with advice from the International Monetary Fund and the World Bank, among others. Such efforts have not been successful—until recently. Chinese President Xi Jinping’s latest effort to cut down on debt, or deleverage, seems to be making progress, but at the steep cost of slower growth. Global economies must prepare accordingly for the coming Chinese slowdown. China’s non-financial-sector debt—incurred by the government, corporate, and household sectors—reached a  record level of 272 percent  of China’s gross domestic product (GDP) in 2020

What’s Russia doing in Ukraine? Its latest military drills provide critical clues.

By   John R. Deni Russia’s recent military build-up near Ukraine has sparked fears of another invasion—with tens of thousands of regular troops, armored forces, and elite ground units taking up positions  within 140 miles of the Ukrainian border , sometimes at night to conceal their movements. US officials have warned allies that an incursion may be imminent, and that  time is running out  to thwart those alleged plans. As Western intelligence officials scramble to assess Moscow’s next moves, anyone who watched September’s Zapad-2021 joint military exercise between Russia and Belarus was treated to a variety of important insights that could be particularly telling. While there was plenty to glean at the operational and tactical levels about Russian capabilities, doctrine, and techniques, some of the most significant implications for the West were at the strategic level—including Moscow’s partnership with China, its designs on the Arctic, and its perception of international arms-control

Towards a data-centric great game

Publication release: Towards a data-centric great game Publication release 25 November 2021 Data brings about new challenges for small states in power politics - Technology is taking centre stage Technology is shaping the dynamic of global governance. As the world is gravitating towards the US and China and their hubs of redefined data, the divergence of states into the haves and have-nots of information seems to result in a realignment of partnerships. Technology is changing fast, and regulatory and policy changes struggle to keep up, possibly leading to friction and disruption. In the latest FIIA Briefing Paper, FIIA director Mika Aaltola and Valtteri Vuorisalo, professor of practice at Tampere University, observe the technology-induced changes in global distribution of power and their implications. As an example, the writers take a look at two reports on Finland's national security and its future and their approach to data-centricity. Many questions arise from the collision poin

Protests intensify in Pakistan's Gwadar against China's CPEC projects

ANI |   Published: 24th November 2021 02:51 PM BALOCHISTAN: Protests have intensified in Pakistan's Gwadar district against China's multi-billion belt and road project, with people fearing threats to their livelihoods from illegal fishing, according to local media reports. Scores of people have staged a sit-in protest against various issues including needless check posts and fishing trawlers in Balochistan province. Maulana Hidayat-ur-Rehman, the Provincial General Secretary of Jamaat-e-Islami (JI) Balochistan is spearheading several demonstrations in the region against the China-Pakistan Economic Corridor (CPEC). CPEC has been marred with controversy since the announcement of the USD 46 billion project in 2015. Locals are opposing China's increasing involvement in Balochistan. They are protesting as the CPEC project has not benefited the people of Balochistan while people of other provinces are enjoying the fruits of the mega project. This has led to widespread protests as

The Belt and Road Initiative: A true win-win situation or a double win for China?

24 November 2021 RENITA D’SOUZA As the  second  largest global economy, the most  populous  nation with a population exceeding 1.4 billion, the largest carbon  emitter , and one of the fastest growing global economies, China’s climate action will have a decisive influence on bending the temperature curve to 1.5°C as required by the Paris Agreement. China  emitted  more than a quarter of the global greenhouse gas (GHG) emissions in 2019. The nation’s CO2 emissions hit a new record high of around  12 GtCO2  in the 12 months to March 2021. Nevertheless, the  updated  Nationally Determined Contributions (NDCs) lack the ambition required to be demonstrated by China in the global fight against climate change. It appears that China has failed to put its best foot forward in marching against the biggest ever challenge facing the global collective. Amongst the highlights, China has committed to peaking its carbon emissions before 2030 and to attaining carbon neutrality by 2060. the effectivenes

Crony Capitalism in America

  01/11/2016 Hunter Lewis FREE DOWNLOADS: Crony Capitalism in America_Lewis.pdf   Crony Capitalism in America_Lewis.pdf When private interests need a political favor, they know whom to call. When politicians need money, they also know whom to call. The people involved try to keep most of it concealed behind closed doors. This is the system that prevailed in Russia after the fall of Communism. But increasingly it is America's system as well. Many people regard Wall Street as the epicenter of American capitalism. In reality it is the epicenter of American crony capitalism. Where Wall Street stops and Washington begins is impossible to say. This situation was not caused, as many suppose, by the Crash of 2008. Rather the Crash was caused by the longstanding Wall Street–Washington partnership. But the problem extends far beyond Wall Street to every corner of America. If we are going to do anything about our present economic problems, and also give the poor a chance at a better life, we

BOOK: The Blue Wound

01/01/1921 Garet Garrett FREE DOWNLOADS: The Blue Wound_2.pdf   The Blue Wound_2.pdf Who and What Really Started World War One Who started World War One? That is the all-encompassing question that Garet Garrett asks in this classic book from 1921. The amazing thing about this book — apart from its insightfulness into what or who really started World War One, and Garrett's knowledge of World history — are the astonishingly prescient predictions he makes about the impending rise of Japan and the resurgence of Germany — leading to even further conflicts. Author: Garet Garrett Garet Garrett (1878–1954) was an American journalist and author who was noted for his critiques of the New Deal and US involvement in the Second World War.

Acting Man and Economics

06/19/2018 Ludwig von Mises People generally believe that economics is of interest only to businessmen, bankers, and the like and that there is a separate economics for every group, segment of society, or country. As economics is the latest science to have been developed, it is no wonder that there are many erroneous ideas about the meaning and content of this branch of knowledge. It would take hours to point out how common misunderstandings developed, which writers were responsible, and how political conditions contributed. it is more important to enumerate the misunderstandings and discuss the consequences of their acceptance by the public. This first misunderstanding is the belief that economics does not deal with the way men really live and act, but with a specter created by economics, a phantom that has no counterpart in real life. The criticism is made that real man is different from the specter of the “economic man.” once this first misunderstanding is removed, a second misunder

With Low Vaccination Rates, Africa's Covid Deaths Remain Far below Europe and the US

17 COMMENTS TAGS   Bureaucracy and Regulation Health 11 HOURS AGO Ryan McMaken Since the very beginning of the covid panic, the narrative has been this: implement severe lockdowns or your population will experience a bloodbath. Morgues will be overwhelmed, the death total toll will be astounding. On the other hand, we were assured those jurisdictions that  do  lock down would see only a fraction of the death toll. Then, once vaccines became available, the narrative was modified to "Get shots in arms and then covid will stop spreading. Those countries without vaccines, on the other hand, will continue to face mass casualties." The lockdown narrative, of course, has already been thoroughly overturned. Jurisdictions that did not lock down or adopted only weak and short lockdowns  ended up with  covid death tolls that were either similar to—or even better than—death tolls in countries that adopted draconian lockdowns. Lockdown advocates said locked-down countries would be overwhe

Border Conflict and the New European Reality

18.11.2021 Timofei Bordachev © Sputnik/Viktor Tolochko After the countries of Western Europe implemented their large-scale project of expanding the European Union to the East in the early 2000s, they hoped to create a belt of countries around its perimeter, which could ensure a peaceful neighbourhood. This, however, turned out to be impossible — now the EU borders are a continuous conflict zone, writes Valdai Club Programme Director  Timofei Bordachev . International politics are gradually progressing to a state that has been forgotten, or even unknown among generations of statesmen and thinkers. The novelty of the form and content of the main processes occurring at the regional and global level helps one understand the main thing — it makes any historical analogies senseless, although these, quite often, are nothing more than a manifestation of intellectual laziness. Something really huge is happening — the institutional landscape that has formed in political relations between states