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Archive for the tag “Business”

With Xinjiang Cotton, Beijing Is Taking On The World

Beijing might have come to a difficult realisation: the West has made up its mind on Xinjiang and can no longer be dissuaded. While there is still some debate over whether the policies in the north-western Chinese region constitute genocide, major Western countries agree that it is a gross violation of human rights. 

Read Here | The Interpreter

An Economic Showdown Brews In The Gulf

Saudi Arabia is laying the foundations for another Gulf crisis – this time provoking its ally, the United Arab Emirates. Just weeks after patching up a years-long dispute with Qatar, the kingdom has announced a new plan to require all foreign businesses to have a regional headquarters in Saudi Arabia, or risk getting locked out of contracts with the government.

Read Here | RealClearWorld

China’s Pakistan Investments A Double-Edged Sword

As rising Chinese investment promises to boost Pakistan’s ailing economy in an hour of need, there are concurrent nationalistic concerns expressed by local businesses and groups that Chinese investors are cornering key local industries, state assets and businesses to the detriment of Pakistani players and interests.

Read Here | Asia Times

Taiwan’s Tsai Must Pursue India Cautiously

It appears to be the perfect time for Tsai to press Modi on closer ties, but she must be cautious, for however much New Delhi might be watching Beijing’s actions with concern, India still stands to lose much by courting Taiwan.

Read Here | Taipei Times

UAE Deal Puts Israel’s Economic Reach On Iran’s Doorstep

Israel’s landmark deal with the UAE to normalise ties could see businesses from the Jewish state operating on arch-rival Iran’s doorstep, but are unlikely to disturb Emirati economic ties to Iran. It could also pave the way for direct economic engagement between Israeli and UAE-based Iranian business people that would reap benefits from politics, experts say.

Read Here – AFP

India Is Facing Twin Economic And Political Crises

India has now come to a watershed. Its powerful government can either focus its efforts on reinvigorating the economy or it can proceed with a transformation of an imperfect liberal democracy into something very different. It is easy to understand the appeal of this dangerous project. But we must hope that Mr Modi will listen, even now, to the better angels of his nature.

Read Here – The Financial Times

When China Sneezes

The COVID-19 outbreak has hit at a time of much greater economic vulnerability than in 2003, during the SARS outbreak, and China’s share of world output has more than doubled since then. With other major economies already struggling, the risk of outright global recession in the first half of 2020 seems like a distinct possibility.

Read Here – Project Syndicate

Brexit Is Just The Beginning

The British government still needs to negotiate the terms of its future relations with the EU, a task so complex that many doubt it can be completed by the end of the year, when another ominous deadline looms. In the meantime, the country will be stuck in EU purgatory, bound by the bloc’s laws and regulations but powerless to shape them. Trade deals with other countries remain to be hammered out. And at home, the toxic fallout of Brexit division will linger…

Read Here – Foreign Affairs

A Global Economy Without A Cushion

From 1990 to 2008, annual growth in world trade was fully 82% faster than world GDP growth. Now, however, reflecting the unusually sharp post-crisis slowdown in global trade growth, this cushion has shrunk dramatically, to just 13% over the 2010-19 period, leaving the world economy more vulnerable to all-too-frequent shocks.

Read Here – Project Syndicate

It’s time to Regulate ‘The Greatest Propaganda Machine In History’ — Social Media

Zuckerberg at Facebook, Sundar Pichai at Google, at its parent company Alphabet, Larry Page and Sergey Brin, Brin’s ex-sister-in-law, Susan Wojcicki at YouTube and Jack Dorsey at Twitter. The Silicon Six — all billionaires, all Americans — who care more about boosting their share price than about protecting democracy. This is ideological imperialism — six unelected individuals in Silicon Valley imposing their vision on the rest of the world, unaccountable to any government and acting like they’re above the reach of law. It’s like we’re living in the Roman Empire, and Mark Zuckerberg is Caesar. At least that would explain his haircut.

Read Here – The Times of Israel

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