Pompeo calls for joint US-EU effort on Belarus crisis
Bled (Slovenia) (AFP) - US Secretary of State Mike Pompeo said Thursday that Washington hoped to work with the EU to resolve the crisis in Belarus where veteran leader Alexander Lukashenko's controversial re-election has sparked unprecedented protests.Thousands have been arrested following mass peaceful protests that have been brutally quashed by police following Sunday's vote, which opponents say was rigged."I'm confident that the EU and the United States share the same concerns about what has taken place and what is taking place in Belarus, and I'm very hopeful that we can collectively work"...
Macron warns Iran against 'interference' in Lebanon amid post-blast political crisis
French President Emmanuel Macron on Wednesday warned Iran against any interference in Lebanon after the gigantic blast last week that has prompted a political crisis in the country.In telephone talks with President Hassan Rouhani, Macron emphasised the "necessity for all the powers concerned... to avoid any outside interference and to support the putting in place of a government which can manage the emergency," the Elysee said.Lebanon's government under Prime Minister Hassan Diab resigned this week following days of demonstrations demanding accountability over the explosion at the Beirut port ...
Mali anti-government protesters return to the streets after truce
Bamako (AFP) - Thousands of anti-government protesters returned to the streets in Mali Tuesday, resuming their months-long push to topple president Ibrahim Boubacar Keita, who they accuse of presiding over corruption and impunity in the poor Sahel nation.Demonstrators gathered in a central square in the capital despite rainfall and pleas from mediators to stay at home, with many blowing plastic vuvuzela horns and brandishing anti-government banners. "We want real change in Mali, IBK get out," read one, referring to Keita's initials.The gathering marks the first time the June 5 Movement has sta...
Week after blast, Lebanon street at war with its leaders
Beirut (AFP) - Lebanon on Tuesday marked a week since its worst-ever peacetime disaster with a mix of grief and rage, as survivors remembered the dead and protesters vowed to bring down the political elite.The resignation of Lebanon's government the previous day did little to extinguish the anger caused by the August 4 blast at Beirut port that killed 171 people and disfigured the country's capital.At 6:08 pm in Beirut (1508 GMT) Tuesday, church bells rang and mosques called for prayer to mark the precise moment that a portside fire ignited a vast stock of ammonium nitrate fertiliser, sparking...
Is competition crucial for economic recovery in the Covid-19 crisis?
This year, we have witnessed hard times dawning upon us due to the Covid-19 pandemic. Because of this virus, our economy has suffered a setback, affecting every sector of society, men and women, rich and poor, and young and old alike.More than a quarter of micro, small, and medium-sized enterprises have permanently closed, as others try to survive on limited operations. More than 100,000 workers have lost their jobs, which they rely on to feed their families.The Philippine economy has slipped into recession for the first time in three decades. In second-quarter estimates released last week, ho...
Positive social impact of COVID-19 in KSA: Survey
A survey commissioned by Al-Aghar Group, an independent Saudi think tank, in partnership with global management consultancy Kearney, has revealed that most thought leaders and decision-makers in the Kingdom anticipate that COVID-19 will be a positive accelerant of the transformation already underway in the Kingdom. The survey focused specifically on the social impact of the COVID-19 crisis on the Kingdom through 2025.Respondents believed that COVID-19 is accelerating the advent of the “future of work” in the Kingdom and more than 65 percent see this as fundamentally positive. About 69 percent ...
Covid-19 crisis exacerbating mental health issues among LGBT community – study
A lack of social connections within Hong Kong’s LGBT community during the Covid-19 pandemic is exacerbating existing mental health problems and worsening family conflicts, a study has found.The study, conducted by the Sexualities Research Programme at the Chinese University of Hong Kong (CUHK), is one of the first into the effects of the pandemic on mental health within the community.The findings show that over half of those surveyed experienced moderate to high levels of worry about their health and financial situation while a third felt disconnected from the wider LGBT community.It also foun...
Hong Kong Free Press
Hands on managing now comes with limits
In recent months, I’ve touched upon the idea that crisis doesn’t so much create change as speed it up. Well, if that is the case, then someone needs to inform the managers. Since the arrival of COVID-19, innovations in science and technology have skyrocketed as humanity searches for ways to ensure its physical, psychological and economic survival. Yet, when it comes to the tricky business of managing people and their productivity, we are stuck in the past.In decades gone by, the job of a manager was to physically monitor the tangible output of employees who were present and accounted for in th...
Save More On Your Taxes By Donating Stock
These are uncertain times both globally and nationally. The Coronavirus crisis and Black Lives Matter movement have both made constant headlines, and while there are crises such as these, the stock market has rallied back. The S&P 500 has recovered an incredible 42% since its lowest point in March, leaving it only 2% behind where it was last year.Q2 2020 hedge fund letters, conferences and moreAs we move through this crisis, many readers are likely donating to charities to support their communities. Charitable contributions can also be an important part of your overall tax strategy, allowing y...
Electric Cars: The Lifeline of the Auto Industry
In the past two decades, the car market has declined twice: first due to the 2008 economic crisis, and then due to falling sales in China. Most recently, the lockdowns implemented to combat the coronavirus pandemic, causing auto-production plants to close globally and a loss of consumer spending will lead to an unprecedented 23% decline in 2020 (IDTechEx prediction).The Rise Of Electric CarsIn the following decade (2030 – 2040), things will not improve: the global car market will be blindsided by the rise of autonomous vehicles, which greatly reduces the need for private car ownership. Within ...