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Tuesday, 18 July
01:00
Why Are There No Slums in China? "IndyWatch Feed War"
With over 20 million inhabitants each, Shanghai and Beijing are among the hypercities of the Global South, including Delhi, So Paulo, Dhaka, Cairo, and Mexico City, far surpassing the megacities of the Global North like London, Paris, or New York.1 Walking the streets in Chinas cities, you will however, quickly notice one marked difference the absence of large slums or pervasive homelessness that is so common to most of the rest of the world.
Slums were not uncommon in Chinese cities a few decades ago, from the precarious working class districts of 1930s Shanghai to the shanty towns of British-occupied Hong Kong in the 1950s onwards. How did China manage to develop in a way that decreased mass housing precarity? What are the structural reasons behind it?
This issue of Dongsheng Explains looks into how the Chinese government deals with homelessness, how this issue relates to socialist construction, and how China confronts the challenges posed by rapid economic development, urbanization, and the migration of recent decades.
Why did mass urbanization not create large slums in China?
When reform and opening up began in the late 1970s, 83 percent of Chinas population lived in the countryside. By 2021, the proportion of the rural population had fallen to 36 percent. During this period of mass urbanization, over 600 million people migrated from rural areas to cities.
Today, there are 296 million internal migrant workers (, nngmn gng), comprising over 70 percent of the countrys total workforce.2 Migrant workers became the economic engine of Chinas rapid growth, which created the worlds largest middle class of 400 million people.
...
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Monday, 17 July
23:30
Does India Need an Anti-Chinese Alliance with the U.S. "IndyWatch Feed Asia"
One of the main current trends in U.S. foreign policy is to force its partners, including India, by hook or by crook, to join the U.S. initiative to form a unified coalition to contain Chinas growing power. But does New Delhi need to sign on to such alliances? Not long ago, Indian Prime Minister Narendra []
Does India Need an Anti-Chinese Alliance with the U.S. New Eastern Outlook.
23:09
Hindutva Goes to Washington: Narendra Modis US Visit "IndyWatch Feed Nthamerica"
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22:15
Episode 31: Great Balls of Power "IndyWatch Feed World"
Back in 2019, Uri Friedman wrote that we find ourselvesas you will have heard in the corridors of power and conference rooms of think tanks, and read in the governments strategy documents and the medias coverage of international relationsin an era of great-power competition. As Friedman noted, great-power competition has even achieved hallowed acronym statusGPC
Its been nearly eight years since the term took off, and international-relations theorists are only just starting to take a close look at its analytical and conceptual dimensions. In this Whiskey Optional, Dr. Ali Wynne, Dr. Stacie Goddard, and Dr. Jon DiCicco join Dan for a discussion of where, if at all, GPC fits into international-relations theory.
Works mentioned in this episode include: Ali Wynne, Americas Great Power Opportunity (Polity, 2022); Stacie Goddard, When Right Makes Might: Rising Powers and World Order (Cornell, 2018) & The Outsiders: How the International System Can Still Check China and Russia, Foreign Affairs (May/June 2022); Jon DiCicco and Tudor Onea, Great-Power Competition, Oxford Research Encyclopedia of International Studies, 2023; A.F.K. Organski, World Politics (Knopf, 1958); and Daniel Nexon, Against Great Power Competition, Foreign Affairs (2021).
17:39
Guns for Hire? A Season for Mercenaries "IndyWatch Feed War"
Human Wrongs Watch
Standing army?, the diplomat asked with mock surprise, and
remarked perhaps half-jokingly, We dont even have a sitting
army.
With a population of about 250,000, around that time, the Maldives was perhaps one of the few countries with no fighter planes, combat helicopters, warships, missiles or battle tanksan open invitation for mercenaries and free-lance military adventurers.
As a result, the islands fragile defenses attracted a rash of mercenaries and bounty hunters who tried to take over the country twice once in 1979, and a second time in 1988.
Although both attempts failed, the Indian Ocean-island refused to drop its defenses. It not only initiated a proposal seeking a UN security umbrella to protect the worlds militarily-vulnerable mini states but also backed an international convention to outlaw mercenaries, namely the 1989 International Convention against the Recruitment, Use, Financing and Training of Mercenaries
In the US, a mercenary is called a soldier of fortune, which is also the title of a widely circulated magazine, and sub-titled the Journal of Professional Adventurers.
The adventures and mis-adventures of mercenaries were also portrayed in several Hollywood movies, including the Dogs of War, Tears of the Sun, the Wild Geese, the Expendables, and Blood Diamond, among others.
When the Russian Wagner Group hit the front pages of newspapers worldwide, it was described as a private mercenary group fighting in Ukraine.
The New York Times said on June 30 the Wagner Group provided security to African presidents, propped up dictators, violently suppressed rebel uprisings and was accused of torture, murder of civilians and other abuses.
But the failed coup attempt by Wagner threatened, for a moment, the very existence of the Group.
A military...
17:25
India and UAE agree to settle trade in rupees and dirhams "IndyWatch Feed World"
The two countries have also sealed a deal to link their respective national payment systems. In a major boost to the position of the Indian rupee, New Delhi and Abu Dhabi on Saturday agreed to create mechanisms for settling trade in national currencies, as opposed to the use of US dollars. During Indian Prime Minister Narendra Modi's one-day visit to the United Arab Emirates (UAE), one of the largest oil producers in the Middle East, the two nations' central banks signed a memorandum of understanding to establish a framework to promote the use of local currencies such as the rupee and the dirham for cross-border transactions. They will also link their instant payment systems, India's Unified Payments Interface (UPI) and the UAE's Instant Payments Platform (IPP).
12:41
Hindutva Goes to Washington: Narendra Modis US Visit "IndyWatch Feed War"
Again, he was at it, that charming show on two legs, playful and coy. Indian Prime Minister Narendra Modi has been burning the charismatic fuel of late, making the necessary emissions in visiting friendly countries. Each time, he seems to be getting away with more and more, currying (pun intended) favour with his hosts and landing the necessary deals.
For all the excitement of going to a fellow cricket loving state such as Australia, no one was under any illusion about the prize. Easy gains there on matters of commerce, education and security: a pliant PM, a pliant Cabinet, a political and business class hungering for access to a country which recently passed China as the most populous on the planet. In all of this, Modi had the audacity to urge Australian Prime Minister Anthony Albanese to do something about reported acts of vandalism against Hindu temples in Melbourne.
In scale, nothing was going to compare to courting the superpower that, for all its might, teeters. On his June visit to the United States, Modi was building on earlier efforts to show India as a viable partner in a number of areas.
The Modi visit exemplified the calculations of the moment. The US has been rather clumsy of late, engaging in a foreign policy described by former US Secretary of the Treasury, Lawrence Summers, as a bit lonely. US foreign policy makers have tended to miss a bit or two, not least understanding the value Indian officials place on their military relationship with Moscow. The Indian political establishment is also mindful about how useful New Delhi is seen in Washington, the traditional counter to Beijing. That counter, however, is seen as subordinate to maintaining US supremacy under the lecturing guise of the rules-based order.
Such poses are simply not acceptable in either the Modi worldview or those of Indian policy makers. As Indias External Affairs Minister Subrahmanyam Jaishankar has opined with a tart frankness, Washingtons power can be described as a transient moment of American unipolarity. To assume, arrogantly, that history was at its end at the conclusion of the Cold War was a Eurocentric analysis jettisoned by nationalism. It is exactly such nationalism that Modi brims with.
The joint statement from the two countries made familiar, and predictable assumptions. Much of it was frothy. Both Biden and Modi affirmed a vision of the United States and India as among the closest partners in the world a partnership of democracies looking into the 21st century with hope, ambition, and confidence. Naturally, there is no mention of Modis nationalistic...
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Sunday, 16 July
21:15
Russia has right to mirror actions if Kiev uses cluster munitions - Putin "IndyWatch Feed World"
The Russian President underscores the significance of prioritizing humanitarian concerns and working toward a global ban on these indiscriminate weapons. Russian President Vladimir Putin stated that Russia has not yet used cluster munitions, adding that if such weaponry is used against Russian forces; Moscow reserves the right to respond in kind. "Until now, we have not done this, we have not used it, and we did not have such a need, despite the known shortage of ammunition by us as well in a certain period of time, but we did not do this. But, of course, if they are used against us, we reserve the right to mirror actions," Putin said in an interview for Rossiya-1 broadcaster. Putin made these comments in response to the recent unveiling of a new US military assistance package for Ukraine, which includes cluster munitions.
06:58
UN Climate Change Conference: The Trail of Oil, Weapons and Secrets in Indian Country "IndyWatch Feed War"
The UN Climate Summit prepares for COP28 in Dubai.UN Climate Change Conference: The Trail of Oil, Weapons and Secrets in Indian CountryBy Brenda Norrell, Censored News, July 15, 2023This is Not a Parody.The UN Climate Summit will be held in Dubai, the homeland of oil and weapons.The conference, which claims to be a global gathering focused on climate action, is from November 30 to December 12,
00:33
Zionism and India: an old alliance of bigotry and colonialism "IndyWatch Feed War"
Azad Essa's new book uncovers Israel and India's joint
history, as well as the affinities between the toxic ideologies
ungirding their national projects.
Saturday, 15 July
21:24
South Korea landslides, floods kill more than 20, over 4,000 evacuated "IndyWatch Feed World"
Twenty-two people have died, 14 were missing and thousands evacuated in South Korea as of Saturday, according to ministry data, as a third day of torrential rains caused landslides and the overflow of a dam. As of 6 p.m. (0900 GMT), 4,763 people had been evacuated nationwide, according to the Ministry of Interior and Safety, as water overtopped the dam in North Chungcheong province on Saturday morning. Local governments' evacuation orders covered more than 7,000 people at various times, according to provincial authorities. The tally is expected to rise as more heavy rain is expected on the Korean peninsula on Sunday, the Korea Meteorological Administration forecasted.
South Korea landslides, floods kill at least 35, over 4,000 evacuated (UPDATE) "IndyWatch Feed World"
Twenty-two people have died, 14 were missing and thousands evacuated in South Korea as of Saturday, according to ministry data, as a third day of torrential rains caused landslides and the overflow of a dam. As of 6 p.m. (0900 GMT), 4,763 people had been evacuated nationwide, according to the Ministry of Interior and Safety, as water overtopped the dam in North Chungcheong province on Saturday morning. Local governments' evacuation orders covered more than 7,000 people at various times, according to provincial authorities. The tally is expected to rise as more heavy rain is expected on the Korean peninsula on Sunday, the Korea Meteorological Administration forecasted.
06:44
Market Talk July 14, 2023 "IndyWatch Feed World"
ASIA:
The major Asian stock markets had a mixed day today:
- NIKKEI 225 decreased 28.07 points or -0.09% to 32,391.26
- Shanghai increased 1.22 points or 0.04% to 3,237.70
- Hang Seng increased 63.16 points or 0.33% to 19,413.78
- ASX 200 increased 56.20 points or 0.78% to 7,303.10
- Kospi increased 37.07 points or 1.43% to 2,628.30
- SENSEX increased 502.01 points or 0.77% to 66,060.90
- Nifty50 increased 150.75 points or 0.78% to 19,564.50
The major Asian currency markets had a mixed day today:
- AUDUSD decreased 0.0043 or -0.62% to 0.68440
- NZDUSD decreased 0.00181 or -0.28% to 0.63729
- USDJPY increased 0.619 or 0.45% to 138.649
- USDCNY decreased 0.00268 or -0.04% to 7.14722
Precious Metals:
- Gold decreased 2.74 USD/t oz. or -0.14% to 1,957.45
- Silver increased 0.031 USD/t. oz or 0.12% to 24.891
No economic news from last night:
Some economic news from today:
Japan:
Industrial Production (MoM) (May) decreased from 0.7% to -2.2%
India:
WPI Inflation (YoY) (Jun) decreased from -3.48% to -4.12%
EUROPE/EMEA:
The major Europe stock markets had a mixed day today:
- CAC 40 increased 4.74 points or 0.06% to 7,374.54
- FTSE 100 decreased 5.64 points or -0.08% to 7,434.57
- DAX 30 decreased 35.96 points or -0.22% to 16,105.07
The major Europe currency markets had a mixed day today:
- EURUSD increased 0.00134 or 0.12% to 1.12374
- GBPUSD decreased 0.00192 or -0.15% to 1.31138
- USDCHF increased 0.00281 or 0.33% to 0.86141
Some economic news from Europe today:
Swiss:
PPI (MoM) (Jun) increased from -0.3% to 0.0%
Euro Zone:
Trade Balance (May) increased from -12.0B to -0.3B
US/AMERICAS:
The Biden administration has announced that it will forgive $39 billion in student debt for 804,000 borrowers. The debt relief will be automatically applied to borrowers who have remaining federal student loans and have already made 20 years of paym...
05:51
Hungarian PM Orban: US could stop Ukraine conflict instantly "IndyWatch Feed World"
The US wants the conflict in Ukraine to continue and has failed to explain its reasons to NATO allies, Hungarian Prime Minister Viktor Orban has said. Orban told national broadcaster Kossuth Radio that if Washington wished, it could stop the fighting at a moment's notice, as Kiev is fully dependent on the West in the fight against Russia. The Hungarian leader was speaking on Friday morning, after returning from the NATO summit in the Lithuanian capital, Vilnius. During the event, the US-led military bloc declined to extend to Kiev a roadmap for membership. Hungary has stood out among members of the alliance by consistently criticizing Western policies on the Ukraine crisis. "If the Americans wanted it, peace would come the next morning. Why Americans don't want that is a question that puzzles the entire world," Orban said. "We didn't get an answer at the NATO summit."
05:46
Chandrayaan-3: India launches historic mission to Moon "IndyWatch Feed World"
India's space agency has successfully launched a rocket that aims to land a rover at the Moon's south pole, signalling its arrival as a space power. The Indian space research organisation's (ISRO) Chandrayaan-3 mission, carrying a lander and rover, blasted off at 2.35pm local time aboard the LVM3 rocket from India's main spaceport, Sriharikota, in the southern state of Andhra Pradesh. "14 July 2023 will always be etched in golden letters as far as India's space sector is concerned... This remarkable mission will carry the hopes and dreams of our nation," Indian prime minister Narendra Modi tweeted on Friday, ahead of the launch. ISRO confirmed that the spacecraft successfully entered its planned orbit around Earth, adding that with a set of carefully planned manoeuvres in the coming days the vehicle is expected to land near the Moon's south pole around 23 August.
05:05
India - Thousands evacuate floods in Delhi after Yamuna river reaches record high - 6 inches in 24 hours "IndyWatch Feed World"
Thousands of people have evacuated their homes in Delhi, India's capital territory and home to some 30 million people, after the Yamuna River which runs through the city reached record levels. The National Capital Region (NCR) of Delhi has seen heavy rainfall over the last few days. The city recorded 153 mm of rain in 24 hours to early 09 July 2023, which is the highest in a single day in July since 1982 according to the India Meteorological Department. Streets were flooded, causing widespread traffic disruption. Numerous building were damaged and several people had to be rescued from flooded areas in Ghaziabad. Schools and colleges were closed in response to the severe weather.
04:33
Lightning strikes kill 22 in Bihar, India "IndyWatch Feed World"
In Bihar, at least 22 people were killed due to lightning in different parts of the State in the last 12 hours. State officials said, a total of eight casualties have been reported from Arwal and Rohtas district while two deaths each has been confirmed from Aurangabad and East Champaran. One death each has been reported in, Kaimur, Kishanganj, Banka, Siwan, Nalanda, Araria, Sitamarhi, Muzaffarpur, Vaishali, Siwan, and Saran districts due to lightning strikes. Most of the casualties happened when people were working in the fields during the preparation Kharif season.