BEIJING — Police in central China imposed traffic curbs at the weekend to halt a viral craze in which thousands of university students borrowed shared bikes to ride overnight to the city of Kaifeng in search of breakfast. The "Night Riding Army," as some participants described it, clogged a highway on Friday, pictures posted on social media showed, a surge in turnout for a rolling flash mob that had been gathering riders for months. "Last night's 'Night Riding Army' was spectacular!" one rider posted. "Two lanes were opened, but that simply was not enough: The cycling army accounted for four!" The event was part of a trend of young Chinese traveling on the cheap - "like special forces" - and spending as little as possible at a time of scarce job prospects, when wages are under pressure. The riders traveled on a straight road more than 60 km (37 miles) long beside the Yellow River that links Zhengzhou, the largest city in Henan province, with Kaifeng, an ancient capital famed for its soup dumplings. The trend was set off in June, Chinese media said, after four women college students chronicled their ride on social media to eat dumplings in the morning. "The Night Ride to Kaifeng: Youth is priceless, enjoy it in time," was the hashtag on social media for the ride, which state broadcaster CMG said tens of thousands of students had completed by the weekend. Key to its success was a glut of shared bikes, which can be rented for as little as $1.95 a month. Pictures posted by riders showed thousands of the bikes had overrun downtown Kaifeng by Saturday. In addition to the traffic controls, the largest bike-sharing platforms, Hellobike, DiDi Bike, and Mobile, said their vehicles would lock down if ridden out of a designated zone, while media told the students to grow up. "Youthful freedom does not mean following the trend and indulging oneself," one news outlet admonished in a comment. "Kaifeng is worth arriving slowly and savoring carefully," read the headline of another. Chinese authorities have cracked down on other spontaneous gatherings. Last month, police turned out in force in the commercial hub of Shanghai to deter a repeat of 2023 Halloween celebrations in which some revelers wore costumes poking fun at issues such as the stock market, youth unemployment and tough COVID-19 curbs.

U.S. President-elect Donald Trump has left little question about the sort of economic policies he will pursue when he is sworn in for a second term as president in January. The once-and-future president has promised to extend existing tax cuts and implement new ones; to pursue a deregulation agenda, particularly when it comes to energy production; to reinstate a strong protectionist trade policy, including substantial tariffs on imports; and to undertake a "mass deportation" program that would remove a large number of the millions of undocumented immigrants currently residing in the United States. While there may be little doubt about the kind of policies Trump will implement, the degree to which he will pursue them is an open question. "The problem that all economists are dealing with is they don't know how much of what Trump said on the campaign trail to take seriously," Steven B. Kamin, a senior fellow at the conservative-leaning American Enterprise Institute, told VOA. "They don't know if he's going to do a lot of these things, or if he is, how far he'll take it." When it comes to tariffs, Trump has promised across-the-board 10%-20% levies on all imports, and charges of up to 60% on goods coming from China, which experts warn would be economically ruinous. His rhetoric about fossil fuel extraction suggests he will drive up oil and gas production, even though the U.S. is currently producing more energy than it ever has. On immigration, he and his advisers have vacillated between suggesting that all undocumented people will be forcibly removed and describing a much more targeted operation. Tax policy One thing that appears certain is that Trump will work with Congress — which seems likely to be fully controlled by the Republican Party — to extend the tax cuts that became law as part of the Tax Cuts and Jobs Act, which he signed into law in 2017. Those tax cuts reduced the income taxes paid by many American workers and reduced taxable income by increasing the standard deduction. They also sharply cut the top business income tax bracket from 39% to 21%. Those provisions are all scheduled to expire over the next several years, some as soon as 2025, and Trump has proposed making them permanent. Trump has also floated the idea of other tax cuts, including further reducing the business income tax to a maximum of 15%, and making income from overtime wages, tips and Social Security payments nontaxable, all of which would reduce government revenues. Kamin said the stimulative impact of Trump's proposed additional tax changes would likely not be great, but the impact on the country's debt might be, because they will virtually guarantee additional government borrowing to finance deficit spending. "The real concern for folks that are concerned about the fiscal balance — and I'm one of them — is that by cementing in place large fiscal deficits as far as the eye can see, even in environments of strong economic activity when we should be running surpluses, that leads to increases in the debt," he said. "That, eventually, should lead to crowding out of private investment, rising interest rates, and more worries about the government's sustainability position," Kamin added. "But when the debt will reach a level that will be worrisome in that respect, nobody knows." Cost-cutting In theory, some of the deficit spending made necessary by large tax cuts could be offset by a reduction in government spending, something Trump has also floated on the campaign trail. In particular, the president-elect has proposed creating a Department of Government Efficiency, to be headed by Elon Musk, the billionaire founder of the electric car company Tesla and the rocket builder SpaceX, and the owner of X, the social network formerly known as Twitter. For his part, Musk has mused that it should be possible to slash federal spending by as much as $2 trillion per year, or about 30%. Reductions of that magnitude would require deep cuts to a vast array of programs, including elements of the social safety net such as Social Security and federal health programs like Medicaid. However, it is unclear how Trump would persuade even a Republican Congress to enact such a wide-ranging reduction in government services. Immigration policy If Trump follows through on a policy of mass deportation of undocumented immigrants, it is virtually certain to have a negative impact on economic sectors where they are present as laborers in significant concentrations, especially agriculture and construction, said Marcus Noland, executive vice president and director of studies at the Peterson Institute for International Economics. "If you take lots of people out of the labor force, you reduce the amount of output, because there's less labor available, and you raise prices," Noland told VOA. "These people are not distributed evenly across the United States economy," he said. "They're concentrated in agriculture and construction, so you would disrupt those sectors the most, especially if you combine it with tariffs." Trade policy Trump's tariff proposals, especially if he follows through with his maximalist proposals from the campaign trail, could be significantly damaging. While theoretically meant to stimulate American manufacturing, Noland warned that they could have the opposite effect. "Some modeling that I worked on suggest that those tariff policies, instead of reviving the industrial sector, will actually reduce industrial activity in the United States," he warned. Blanket tariffs on imports, and especially high levies on Chinese goods, would create severe challenges for U.S. manufacturers. "The reason is that you would increase the price of industrial inputs, and so, the United States would become a high-cost place to produce," he said. "Investment would fall — and investment is intensive in industrial materials — so, ironically, it has the opposite effect of what its proponents say."

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The UN High Commission for Refugees estimates that nearly 50,000 migrants are in Greece, awaiting asylum interviews in which they will make their cases for staying in Europe. While many migrants remain without jobs, some have found work in camps, or have even started their own businesses.

JOHANNESBURG — South Africa's four main political parties began the final weekend of campaigning Saturday before a possibly pivotal election that could bring the country's most important change in three decades. Supporters of the long-governing African National Congress, which has been in the government ever since the end of white minority rule in 1994, gathered at a soccer stadium in Johannesburg to hear party leader and South African President Cyril Ramaphosa speak. The ANC is under unprecedented pressure to keep hold of its parliamentary majority in Africa's most advanced country. Having seen its popularity steadily decline over the last two decades, Wednesday's vote could be a landmark moment when the party once led by Nelson Mandela drops below 50% of the vote for the first time. Several polls have the ANC's support at less than 50%, raising the possibility that it will have to form a national coalition. That would also be a first for South Africa's young democracy, which was only established 30 years ago with the first all-race vote that officially ended the apartheid system of racial segregation. As thousands of supporters in the ANC's black, green and gold colors attended its last major rally before the election, Ramaphosa recognized some of the grievances that have contributed to his party losing support, which include high levels of poverty and unemployment that mainly affect the country's Black majority. “We have a plan to get more South Africans to work," Ramaphosa said. “Throughout this campaign, in the homes of our people, in the workplaces, in the streets of our townships and villages, so many of our people told us of their struggles to find work and provide for their families.” The main opposition Democratic Alliance party had a rally in Cape Town, South Africa's second-biggest city and its stronghold. Party leader John Steenhuisen made a speech while supporters in the DA's blue colors held up blue umbrellas. “Democrats, friends, are you ready for change?” Steenhuisen said. The crowd shouted back “Yes!” "Are you ready to rescue South Africa?" Steenhuisen added. While the ANC's support has shrunk in three successive national elections and appears set to continue dropping, no party has emerged to overtake it — or even challenge it — and it is still widely expected to be the largest party by some way in this election. But losing its majority would be the clearest rejection yet of the famous party that led the anti-apartheid movement and is credited with leading South Africans to freedom. Some ANC supporters at the rally in Johannesburg also expressed their frustration with progress, as South Africa battles poverty, desperately high unemployment, some of the worst levels of inequality in the world, and other problems with corruption, violent crime and the failure of basic government services in some places. “We want to see job opportunities coming and basically general change in every aspect,” ANC supporter Ntombizonke Biyela said. “Since 1994 we have been waiting for ANC, it has been long. We have been voting and voting but we see very little progress as the people, only a special few seem to benefit.” While conceding to some failures, the ANC has maintained that South Africa is a better place than it was during apartheid, when a set of race-based laws oppressed the country's Black majority in favor of a small white minority. The ANC was also widely credited with success in expanding social support and housing and other services for millions of poor South Africans in the decade after apartheid, even if critics say it has lost its way recently. "There are many problems in South Africa, but nobody can deny the changes that have happened since 1994, and that was because of the ANC,” said 42-year-old Eric Phoolo, another supporter of the ruling party. “These other parties don’t have a track record of bringing change to the country." As some voters have turned away from the ANC, it has led to a slow fracturing of South African politics. They have changed allegiances to an array of different opposition parties, some of them new. South Africa has dozens of parties registered to contest next week's election. South Africans vote for parties and not directly for their president in national elections. Parties then get seats in Parliament according to their share of the vote and the lawmakers elect the president — which is why the ANC losing its majority would be so critical to the 71-year-old Ramaphosa's hope of being reelected for a second and final five-year term. If the ANC goes below 50, it would likely need a coalition or agreement with other parties to have the votes in Parliament to keep Ramaphosa, once a protege of Mandela, as president. The far-left Economic Freedom Fighters had their last big pre-election gathering in the northern city of Polokwane, the hometown of fiery leader Julius Malema. The new MK Party of former South African President and former ANC leader Jacob Zuma was also campaigning in a township just outside the east coast city of Durban, although Zuma didn't attend the event. The 82-year-old Zuma rocked South African politics when he announced late last year he was turning his back on the ANC and joining MK, while fiercely criticizing the ANC under Ramaphosa. Zuma has been disqualified from standing as a candidate for Parliament in the election because of a previous criminal conviction.

Just before the teach-in, the school’s Jewish provost called him and asked if he wanted extra security.

Social protection systems are essential to achieving the 2030 Agenda for Sustainable Development. However, social protection is insufficient across Asia and the Pacific, and the region is at risk from megatrends: climate change, demographic shifts and digitalization. Tens of millions of people have been pushed into extreme poverty since COVID-19, reversing past gains, and many […]

How will Israel respond to Iran’s recent ballistic missiles barrage? “Strategic patience” is the best course. Israel has its hands full with Hamas and Hezbollah. Now is not the time to escalate a new major war with Iran, which could have nuclear implications. Israeli intelligence is still chafing from its failure to preempt Hamas’ attack […]

In the coming decades, the Asia-Pacific region faces a series of challenges that threaten to exacerbate poverty. Among these, climate change, demographic shifts, particularly population ageing and the rise of digital technologies stand out as three interconnected global megatrends. A recent technical paper supporting the Social Outlook for Asia and the Pacific 2024 explores various […]

The United Nations continues to be virtually paralyzed – and remains politically impotent amidst two raging conflicts—as Russia and Israel keep defying the world body. The killings of civilians and the destruction of cities, particularly by Israel, are devastating and continue despite repeated warnings from the UN, its humanitarian agencies, the International Criminal Court (ICC), […]

MANILA, Philippines — The excess campaign funds of then-president Rodrigo Duterte were used for the reward system of police officers during his administration’s brutal war on drugs.  Duterte himself admitted this to Santa Rosa City Rep. Dan Fernandez during the House of Representatives quad committee during its 11th probe on his controversial anti-drug campaign.  “I still remember that you mentioned na yung pera galing sa donation ng inyong campaign funds will be utilized for the reward system, that’s private money,” Fernandez said.  (I still remember you mentioned that the money from the donation for your campaign funds would be utilized […]...

Keep on reading: Excess campaign funds used for drug war reward system, Duterte admits

At least three killed in Israeli strike on Gaza's Nuseirat refugee camp

On November 6, the World Health Organization (WHO) announced that the second round of polio vaccinations in the Gaza Strip has been completed. A total of 556,744 children under ten years of age received the mOPV2 vaccine along with a dose of vitamin A to ensure immunization. However, due to rampant hostilities from the Israeli […]

The Beijing Declaration and Platform for Action, adopted in 1995 during the Fourth World Conference on Women, remains a cornerstone in the global pursuit of gender equality and women’s empowerment. With the Asia-Pacific Ministerial Conference on the Beijing+30 Review fast approaching, now is the time to reflect on the progress made and the challenges that […]

On the 7th of November 2024, the Gauteng MEC for Finance and Economic Development, Lebogang Maile, delivered a keynote address at Bolt South Africa's Global Safety Campaign launch in Johannesburg. The campaign is aimed at improving safety in the e-hailing industry

A sovereign exposure exchange is a cost-effective risk management tool used by multilateral development banks (MDBs) to reduce sovereign portfolio concentration risks. It provides capital relief for MDBs by exchanging loan guarantees on credit exposure from borrowing countries where an MDB is highly concentrated for exposure to countries where the MBD’s exposure is lower or nonexistent.

The Innovative Finance Facility for Climate in Asia and the Pacific, or IF-CAP, is a multi-donor financing partnership facility with the goal of scaling-up finance for accelerated action against climate change in Asia and the Pacific.

ADB recently launched the Georgia Public–Private Partnership (PPP) Monitor. Helen Steward, Principal Markets Development Advisory Specialist in ADB’s Office of Markets Development and Public–Private Partnerships, explains what the PPP Monitor is all about.

ADB’s report on sovereign default and loss rates demonstrates the low credit risk in ADB's sovereign operations, with an average default rate of 0.54% over the last 34 years and zero new defaults from 2010 to 2021.

Trump’s first picks for immigration policy jobs spent the last four years angling for this moment.

The Pakistan Cricket Board (PCB) said on Tuesday it has asked the sport’s governing body to explain India’s refusal to send a team to Pakistan for the Champions Trophy next year.

The International Cricket Council (ICC) informed the PCB last week that India would not tour Pakistan for the eight-team tournament, leaving the fate of the event hanging in the balance.

Pakistan had previously rejected the option of a hybrid arrangement that would allow India to play their matches at neutral venues, for example in the United Arab Emirates.

“The PCB has responded to last week’s ICC letter seeking clarifications for the Indian Board’s decision not to travel to Pakistan for next year’s Champions Trophy,” Sami-Ul-Hasan told AFP.

Deteriorating political ties have meant the bitter rivals have not played a bilateral cricket series for over a decade — squaring off only in ICC multi-nation events.

Pakistani media reported on Tuesday that the PCB would be unwilling to accept security reasons for India’s refusal to visit.

New Zealand have toured Pakistan three times in the past two years, with England visiting twice and Australia once in the same period.

Pakistan also visited India for last year’s ODI World Cup and the PCB had expected the gesture to be reciprocated for the Champions Trophy.

The Champions Trophy is slated to be played across three venues — Lahore, Rawalpindi and Karachi — from February 19 to March 9 next year.

But a final schedule due to be announced this week has been postponed over the stand-off — which PCB chairman Mohsin Naqvi termed disappointing.

“Almost every country wants the tournament to be played in Pakistan and it will be disappointing if they don’t come,” Naqvi, who is also the interior minister, said last week.

“I don’t think anyone should make this a political matter. We’ll give every team as many facilities as we can.” Naqvi said Pakistan would consider pulling out of events in India as a response.

“Pakistan has shown great gestures to India in the past, and we’d like to say clearly India shouldn’t expect such friendly gestures from us every time”.

India is due to host the women’s ODI World Cup and Asia Cup next year and will co-host the Twenty20 World Cup with Sri Lanka in 2026.

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Experiments where vampire bats were made to run on a treadmill have revealed how they extract energy from protein in their latest blood meal

Experiments where vampire bats were made to run on a treadmill have revealed how they extract energy from protein in their latest blood meal

Evidence from an archaeological site in Ethiopia suggests ancient humans adapted their diet during a dry spell after the Toba volcano eruption 74,000 years ago

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