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Showing posts from September 24, 2019

PAKISTAN: WINDS OF CHANGE

By Guest WriterPakistan appears to be rotting from within.The Pakistani economy is in a tailspin. Unemployment rates are soaring. The rupee has depreciated by more than a third over the last year and is now hovering around 160 to a dollar. The condition of the country is now so bad that milk and petrol are selling at the same price! Parents have to decide whether to drive their children to school or to feed them. Polio, a deadly disease which was eradicated from the rest of the world, has, like terrorists, found a safe refuge in Pakistan. Both wreak havoc upon ordinary Pakistanis. In fact, with the export of goods and services plummeting, polio and terrorism have now emerged as Pakistan’s key exports.Going back to the IMF for the umpteenth time has not helped either. The treasury coffers remain empty and the current account deficit is at an all-time high. Imploring “friends” to bail out an economy tail spinning into chaos not only did not help restore normalcy but also devalued Pakist…

Big tech and Chinese pork

TRIVIUM CHINA
Mark this one under “headlines you don’t see every day” (Caixin):“Chinese Gaming Giant NetEase to Raise More Pigs”
Ummmm…details please!“Chinese tech giant NetEase Inc. will build its third pig farm as the government vows to boost domestic pork production in response to the African swine fever disaster.”“NetEase…signed a cooperation agreement with the municipal government of Shaoxing…to build a pig farm that will produce half a million hogs a year.”“NetEase founder and Chief Executive Ding Lei said the company’s biggest opportunity is to find a more suitable pig breeding solution that will industrialize the traditional industry.That is taking Corporate Social Responsibility to the next level.But believe it or not, NetEase has actually been in the pork business for a while:"Ding announced NetEase’s entry into pig farming in 2009. It built its first pig farm in 2012 in Anji of Zhejiang province and a second in the southeastern province of Jiangxi."Get smart: As we’…

Pakistan military and intelligence agency trained al-Qaida

This is the first time that any Pakistani leader has directly and specifically confirmed the Pakistan military and intelligence agency trained al-Qaida“There were always links between Pakistan and … there had to be links … because they trained them,” Khan said at a meeting at the Center for Foreign Relations in New York City on Monday
https://timesofindia.indiatimes.com/world/pakistan/imran-khan-admits-pak-army-trained-al-qaida/articleshow/71269802.cms

Chinese police officers join Serbian colleagues on the beat in Belgrade

Chinese police officers stand in Knez Mihajlova street during joint patrol with Serbian police officers in Belgrade, Serbia, September 20, 2019.REUTERS/MARKO DJURICAChinese police officers talk to a Chinese tourist in Knez Mihajlova street during joint patrol with Serbian police officers in Belgrade, Serbia, September 20, 2019.REUTERS/MARKO DJURICAChinese police officers walk with Serbian police officers during joint patrol at the Kalemegdan fortress in Belgrade, Serbia, September 20, 2019.REUTERS/MARKO DJURICAChinese police officers talk to Serbian police officers during joint patrol at the Kalemegdan fortress in Belgrade, Serbia, September 20, 2019.REUTERS/MARKO DJURICAChinese police officers pose with Serbian police officers during joint patrol at the Republic Square in Belgrade, Serbia, September 20, 2019.REUTERS/MARKO DJURICAChinese police officers pose with Serbian police officers during joint patrol at the Kalemegdan fortress in Belgrade, Serbia, September 20, 2019.REUTERS/MARK…