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China holds an unprecedented, massive videoconference on the economy Posted by: superadmin - 05-27-2022, 09:28 AM - Forum: Politics - No Replies “The difficulties, in some areas and to a certain degree, are even greater than the severe shock of the pandemic in 2020,” Premier Li Keqiang said during a nationwide videoconference Wednesday, according to a CNBC translation of a Chinese-language state media report. A state media news broadcast Wednesday showed large conference rooms of people from different provinces tuning into the meeting. There hasn’t been such a meeting of this scale for years, and it’s unprecedented for one meeting to address so many levels of government at once, said Zong Liang, chief researcher at the Bank of China.  BEIJING — China held a rare nationwide meeting via teleconference Wednesday to bolster an economy battered by Covid. The timing and scale indicated to analysts the level of urgency and current challenges for the country to achieve its target of around 5.5% GDP growth for the year. “The difficulties, in some areas and to a certain degree, are even greater than the severe shock of the pandemic in 2020,” Premier Li Keqiang said during the videoconference, according to a CNBC translation of a Chinese-language state media report. He warned how the economy is at a “critical point” for determining its full-year trajectory, and called on officials to “work hard” — for growth in the second quarter and a drop in unemployment, the report said. Mainland China has tried to contain its worst Covid outbreak since early 2020 by using stringent stay-home orders and travel restrictions, most notably in the metropolis of Shanghai. Foreign companies have reported lost production and sales as a result. - More -   Top financiers and millionaires just met up in the Swiss Alps Posted by: superadmin - 05-26-2022, 09:28 PM - Forum: Business, Economy and Investment - No Replies Top financiers and millionaires just met up in the Swiss Alps. And the mood was terrible While some foresaw regional pockets of recession in countries or continents particularly exposed to the Russia-Ukraine war and global supply chain problems – with Europe a particular concern – others painted a bleaker global picture. Inflation has soared worldwide, with food and energy costs skyrocketing as the war and supply chain bottlenecks bite, along with the residual effects of the Covid-19 pandemic. The world’s financial elite gathered in Davos, Switzerland, at the World Economic Forum this week, and a darkening global economic outlook was the number one talking point. While some foresaw regional pockets of recession in countries or continents particularly exposed to the Russia-Ukraine war and global supply chain problems — with Europe a particular concern — others painted a far bleaker global picture. Inflation has soared worldwide, with food and energy costs skyrocketing as the war and supply chain bottlenecks bite, along with the residual effects of the Covid-19 pandemic. This has forced central banks to start tightening monetary policy against a backdrop of slowing economic activity. - More -   America Gun Problem Exposes The Truth of America's Failing Democracy Posted by: superadmin - 05-26-2022, 07:53 PM - Forum: Politics - Replies (5)   Group to ‘profile’ MPs to educate voters ahead of GE15 Posted by: superadmin - 05-26-2022, 07:05 PM - Forum: Politics - No Replies KUALA LUMPUR: A coalition of more than 20 NGOs plans to release the “profiles” of MPs before the upcoming elections (GE15) to allow voters to make more informed decisions about the candidates. At a press conference here today, Gabungan Bertindak Malaysia (GBM) executive council member Jeffrey Phang said specialised software would be used to create the profiles, which could be accessed online and would include their personal details and news articles related to them. Phang said news articles featuring current MPs would be included in their profile so as to provide the public with a record of the politicians’ previous statements, which he said would be useful when voters go to the ballot box. The candidates would also be asked for their stance on policies in the Manifesto Rakyat, a compilation of policy recommendations that was launched today. - More -   Zuraida to quit Bersatu, join PBM Posted by: superadmin - 05-26-2022, 11:04 AM - Forum: Politics - Replies (7) PETALING JAYA: Ampang MP Zuraida Kamaruddin will be quitting Muhyiddin Yassin’s Bersatu to join newly formed Parti Bangsa Malaysia (PBM). In a statement today, the plantation industries and commodities minister said she will be meeting Prime Minister Ismail Sabri Yaakob soon to discuss her resignation from the Cabinet. Nonetheless, she maintained that she would continue supporting Ismail’s government, in line with PBM’s stand. Zuraida had joined Bersatu after being sacked from PKR in the wake of the Sheraton Move in 2020. Source: FMT   UN human rights chief called to see Xinjiang's devt objectively despite US pressure Posted by: superadmin - 05-26-2022, 10:58 AM - Forum: Politics - Replies (1) While UN human rights chief Michelle Bachelet is about to visit Northwest China's Xinjiang region, the US government together with anti-China forces have taken active moves - either by opposing the visit or releasing a so-called leaked document from Xinjiang to abduct Bachelet as their puppet to neglect what she will see in Xinjiang and to make a "genocide" conclusion with their narratives.  Analysts called on the UN chief to hold the bottom line of justice and objectively see Xinjiang's development. Chinese President Xi Jinping on Wednesday met via video link with Bachelet. Xi talked about China's human rights development and stressed that each country should be allowed to explore suitable paths of human rights development based on national realities and warned against certain countries that lecture others on human rights, politicize the issue and use it as a tool to apply double standards.   - More -   YOURSAY | The drain in Malaysia's brains Posted by: superadmin - 05-26-2022, 08:32 AM - Forum: Politics - No Replies MS: Like most people in my situation would confirm, leaving the country was a bittersweet experience for reasons which are too numerous to enumerate. Suffice it to say, the push was greater than the pull at that point in time. Now, however, after all the water that has run under the bridge, I view the place I left behind as an anachronism, a curiosity to be watched with a zoo-like intensity, a circus which entertains and helps pass the time. Would I return? Yes, because the place does offer value for money for shopping and holidays, especially now that the exchange rates are so favourable to visitors. Seriously, the trajectory the country is on is irreversible, and articles like this only reassure those who left that they did right. - More -   Should China Worry About the US-Japan Military Alliance? Posted by: superadmin - 05-25-2022, 08:54 PM - Forum: Politics - No Replies   Huawei is banned in U S , why China not ban Apple to fight back the sanctions? Posted by: superadmin - 05-25-2022, 07:45 PM - Forum: Business, Economy and Investment - No Replies   Ex-CJ detached from reality, says Ramkarpal after MACC remarks Posted by: superadmin - 05-25-2022, 02:39 PM - Forum: Politics - Replies (1) PETALING JAYA: DAP MP Ramkarpal Singh has criticised former chief justice Mohamed Raus Sharif over his remarks on the Malaysian Anti-Corruption Commission (MACC), describing the former judge as “a man detached from reality”. This comes after Raus said a politician’s appointment as the MACC chief commissioner had cast doubt on its credibility. He was believed to be referring to Latheefa Koya, who led the anti-graft agency from June 2019 to March 2020. In a statement, Ramkarpal said Raus’ remarks suggested that MACC had the public’s confidence before Latheefa’s appointment, adding that this “cannot be further from the truth”. The Bukit Gelugor MP pointed out how Latheefa had unveiled leaked audio recordings between former prime minister Najib Razak and former MACC chief Dzulkifli Ahmad in 2016, which he said gave the commission’s image a beating. - More - Pages (1324): « Previous 1 … 819 820 821 822 823 … 1324 Next » Jump to page: