Thursday, August 30, 2018

Six In The Morning Thursday August 30

EMPLOYED BY CHINA

It’s often assumed that the Chinese in Africa ‘bring their own’ and don’t hire locals. In Ethiopia, that’s not the case -- but will it lift the country out of poverty

Words, video and images by Jenni Marsh, CNN

Zhang Huarong points out of his office window to a bleak block of grey portacabins at the Huajian International Shoe City, in Addis Ababa. “That is what I lived in for six months when I came to Africa,” he says. “I am 60 years old. Back in China, I am a wealthy man -- my house in Dongguan even has a swimming pool. But I chose to come here and do something very difficult.”
In 2011, this self-made textile tycoon from Jiangxi province became one of the first Chinese entrepreneurs to heed the call of Ethiopia’s then-Prime Minister Meles Zenawi to open a factory in his country. Within three months, Huajian was producing footwear for giants such as Nine West, Guess and, later, Ivanka Trump’s fashion line, before it closed.



Demonetisation drive that cost India 1.5m jobs fails to uncover 'black money'

Costly banknote recall did not flush out untaxed wealth, as PM Narendra Modi had promised



More than 99% of the currency that India declared void in a surprise announcement in 2016 was returned to the country’s banks in subsequent weeks, according to a Reserve Bank of India (RBI) report.
The figures suggest prime minister Narendra Modi’s demonetisation policy, which likely wiped at least 1% from the country’s GDP and cost at least 1.5m jobs, failed to wipe significant hordes of unaccounted wealth from the Indian economy — a key rationale for the move.
Modi shocked Indians in November 2016 when he announced on live television that all 500 and 1000-rupee notes, equivalent to about £6 and £12, would be banned in four hours’ time.

Trump blames China for stalled North Korea talks and threatens to relaunch South Korea war games

'The President can instantly start the joint exercises again with South Korea, and Japan, if he so chooses'

Donald Trump has accused China of scuppering peace talks with North Korea in retaliation for its ongoing trade dispute with the US, threatening to revisit war games with South Korea if sufficient progress cannot be made.
In a series of tweets on Wednesday night, Mr Trump primarily took aim at Beijing, accusing China's Xi Jinping of putting North Korea's Kim Jong-un "under tremendous pressure" not to work with the US.
"At the same time, we also know that China is providing North Korea with considerable aid, including money, fuel, fertilizer and various other commodities," Mr Trump said, adding: "This is not helpful!"

Women increasingly drawn to right-wing populist parties, study shows

Right-wing populists are often depicted as angry white men. A new study, however, has found that women are increasingly supporting right-wing populist parties, and they are often more radical than their male peers.
Aggressive far-right protesters took to the streets of Chemnitz this week demanding authorities take a tougher stance on migrants in Germany. Most of those in attendance were male, but a few women could occasionally be spotted in the crowd.
Indeed, most people tend to picture the prototypical supporter of Germany's far-right PEGIDA movement and right-wing populist Alternative for Germany (AfD) party as angry white men. But that's not entirely accurate, according a new study by the Friedrich Ebert Foundation (FES), which is affiliated with Germany's center-left Social Democratic Party. The report, which examines right-wing populist voters in Germany, France, Greece, Poland, Sweden and Hungary, found that women are increasingly drawn to right-wing populist parties.

Rohingya crisis: Myanmar leader Suu Kyi 'should have resigned'


The outgoing UN human rights chief says Myanmar's de-facto leader Aung San Suu Kyi should have resigned over the military's violent campaign against the Rohingya Muslim minority last year.
Zeid Ra'ad al Hussein told the BBC the Nobel Peace prize winner should have considered returning to house arrest rather than excusing the military.
Myanmar has rejected the report as one-sided.
The army of the Buddhist-majority nation - which has been accused of systematic ethnic cleansing - has previously cleared itself of wrongdoing.
The UN report, published on Monday, blamed Ms Suu Kyi, a long-term leader of the pro-democracy movement, for failing to prevent the violence.





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