“Supporters of the Chicago Stock Exchange proposal said it could help bring more Chinese companies to United States financial markets. And it would also have helped revive a marketplace where activity was dwindling. The Chicago Stock Exchange handles only a small fraction of the stock trades that take place every day.”
Source: S.E.C. Blocks Chinese Takeover of Chicago Stock Exchange – The New York Times
DL: This deal was approved by the SEC under Barak Obama. It was approved by the staff of the SEC. The new Trump head of the SEC has terminated against the advice of the SEC staff. Make America Great Again continues to hold us back. These are the same idiots who cancelled the US participation in the TPP, the Trans Pacific Partnership.
PYEONGCHANG, South Korea — Officials from the Korea Meteorological Administration sat behind microphones in front of an overflow audience of journalists. Interpreters converted the officials’ words through the headsets of those unable to speak Korean. There was anxiousness. People put their thumbs to their phones, ready to share the news on Twitter immediately. It was as if Punxsutawney Phil were making his Groundhog Day weather prediction in a teeming conference room. The message was hardly a revelation:
Source: A Surprise (?) at the Winter Olympics: It’s Really Cold – The New York Times
“In 1988, the last time South Korea hosted the Olympics, North and South Korea were more alike than different, separated by an arbitrary line yet joined by history, language and the bonds of family.
Both Koreas had come a long way, emerging from colonial rule and rebuilding their economies after a devastating civil war.
But the Olympics in Seoul in 1988 ended up being a turning point. Over the past 30 years, the two countries have diverged sharply — economically, politically and culturally.
South Korea rapidly industrialized, growing at one of the fastest rates in the world. The North stagnated.”
Source: The Olympic Moment When South Korea Left the North Behind – The New York Times
Beautiful photography, heartbreaking story:
Each sentence below has a photo video clip:
“This is S. Periyanayaki in the rice field in southern India where her husband died.
The worst drought in more than a century killed his rice crop, and he blamed himself.
A farmer found Periyanayaki’s husband, K. Suresh, lying in the barren field. He had drunk pesticide.
Hundreds of thousands of Indian farmers have killed themselves in the past 30 years, and some climate researchers believe hotter weather has driven crop failure and made the problem worse.”
Source: The Uninhabitable Village – The New York Times
NAGAPATTINAM, India (Thomson Reuters Foundation) – Vinod Kumar remembers a time, not so long ago, when the fields in his village in the southern state of Tamil Nadu were green all year round.
His family lived comfortably from its farmland of just over 2 acres (0.8 hectares), growing vegetables, coconuts and millet irrigated by the Cauvery river and the rain.
Kumar grew up believing the farm would be his life.
But today, the 30-year-old drives a car for a living in the city of Chennai, 250 km (155 miles) away. His family joined him two years ago, abandoning what had been for generations their home and their land.
On a recent journey back to the area where he grew up, he said he was far from the only migrant.
“At this time of year, these fields should be green with paddy shoots – but no one seems to be farming,” said Kumar, as he drove past arid fields overgrown with scrub and thorns one sweltering July afternoon.
“We haven’t had enough water for many years. It has become impossible to make a living from farming, and a lot of people have moved to cities to do other jobs.”
Source: Feature: Heat and drought drive south India’s farmers from fields to cities
I am looking for evidence to support the report in the NYT last month, that 100,000 Indian farmers had committed suicide because of the drought in Southeast India. This old article in the BBC sheds some background light on the disaster.
“At least 330 million people are affected by drought in India, the government has told the Supreme CourtAuthorities say this number is likely to rise further given that some states with water shortages have not yet submitted status reports.The drought is taking place as a heat wave extends across much of India with temperatures crossing 40C for days now.An 11-year-old girl died of heatstroke while collecting water from a village pump in the western Maharashtra state.
Yogita Desai had spent close to four hours in 42C temperatures gathering water from the pump on Sunday, local journalist Manoj Sapte told the BBC.She began vomiting after returning home and was rushed to hospital, but died early on Monday.Yogita’s death certificate says she died of heatstroke and dehydration.
The pump was a mere 500m from her house, but a typical wait for water stretches into hours.India is heavily dependant on monsoon rains, which have been poor for two years in a row.The government said that nearly 256 districts across India, home to nearly a quarter of the population were impacted by the drought.Schools have been shut in the eastern state of Orissa and more than 100 deaths due to heatstroke have been reported from across the country, including from the southern states of Telangana and Andhra Pradesh which saw more than 2,000 deaths last summer.”
Source: India drought: ‘330 million people affected’ – BBC News
Image by Brian Stauffer, NYT
“I have researched Xinjiang for three decades. Ethnic tensions have been common during all those years, and soon after 9/11, Chinese authorities started invoking the specter of “the three evil forces of separatism, extremism and terrorism” as a pretense to crack down on Uighurs. But state repression in Xinjiang has never been as severe as it has become since early 2017, when Chen Quanguo, the C.C.P.’s new leader in the region, began an intensive securitization program.
Mr. Chen has brought to Xinjiang the grid system of checkpoints, police stations, armored vehicles and constant patrols that he perfected while in his previous post in Tibet. The C.C.P. credits him with having quieted there a restive ethnic group unhappy with its rule. In his first year governing Xinjiang, Mr. Chen has already recruited tens of thousands of new security personnel.”
“. . . .How does the party think that directives banning fasting during Ramadanin Xinjiang, requiring Uighur shops to sell alcohol and prohibiting Muslim parents from giving their children Islamic names will go over with governments and peoples from Pakistan to Turkey? The Chinese government may be calculating that money can buy these states’ quiet acceptance. But the thousands of Uighur refugees in Turkey and Syriaalready complicate China’s diplomacy.
Tibetans know well this hard face of China. Hong Kongers must wonder: If Uighur culture is criminalized and Xinjiang’s supposed autonomy is a sham, what will happen to their own vibrant Cantonese culture and their city’s shaky “one country, two systems” arrangement with Beijing? What might Taiwan’s reunification with a securitized mainland look like? Will the big-data police state engulf the rest of China? The rest of the world?”
Source: What It’s Like to Live in a Surveillance State – The New York Times
SEOUL, South Korea — North and South Korea reached an agreement Wednesday for their athletes to march together under one flag at the opening ceremony of the Winter Olympics next month, a powerful gesture of reconciliation that further complicates President Trump’s strategy for dealing with the nuclear-armed regime of Kim Jong-un. South Korea, the host of the games, said it hoped a partnership in sports could contribute to a political thaw after years of high tensions on the Korean Peninsula. It came even a
Source: Olympic Détente Upends U.S. Strategy on North Korea – The New York Times
WASHINGTON — A former C.I.A. officer suspected by investigators of helping China dismantle United States spying operations and identify informants has been arrested, the Justice Department said on Tuesday. The collapse of the spy network was one of the American government’s worst intelligence failures in recent years. The arrest of the former officer, Jerry Chun Shing Lee, 53, capped an intense F.B.I. inquiry that began around 2012, two years after the C.I.A. began losing its informants in China. Investiga
Source: Ex-C.I.A. Officer Suspected of Compromising Chinese Informants Is Arrested – The New York Times