mess 'Point of saturation': distancing messages need update to stifle virus By www.smh.com.au Published On :: Mon, 20 Apr 2020 13:33:01 GMT There were just 26 cases reported on Sunday but photographs from the weekend show people may be socialising too closely, too early. Full Article
mess "Very messy": Principals question premier's part-time learning plan By www.brisbanetimes.com.au Published On :: Fri, 17 Apr 2020 07:38:03 GMT Premier Gladys Berejiklian wants students to resume learning under a roster system, but principals have slammed the idea as confusing and unrealistic Full Article
mess 'Very messy': Principals question Premier's part-time learning plan By www.brisbanetimes.com.au Published On :: Sat, 18 Apr 2020 03:34:01 GMT Premier Gladys Berejiklian wants students to resume learning under a roster system, but principals have slammed the idea as confusing and unrealistic. Full Article
mess 'Point of saturation': distancing messages need update to stifle virus By www.brisbanetimes.com.au Published On :: Mon, 20 Apr 2020 13:33:01 GMT There were just 26 cases reported on Sunday but photographs from the weekend show people may be socialising too closely, too early. Full Article
mess "Very messy": Principals question premier's part-time learning plan By www.theage.com.au Published On :: Fri, 17 Apr 2020 07:38:03 GMT Premier Gladys Berejiklian wants students to resume learning under a roster system, but principals have slammed the idea as confusing and unrealistic Full Article
mess 'Very messy': Principals question Premier's part-time learning plan By www.theage.com.au Published On :: Sat, 18 Apr 2020 03:34:01 GMT Premier Gladys Berejiklian wants students to resume learning under a roster system, but principals have slammed the idea as confusing and unrealistic. Full Article
mess 'Point of saturation': distancing messages need update to stifle virus By www.theage.com.au Published On :: Mon, 20 Apr 2020 13:33:01 GMT There were just 26 cases reported on Sunday but photographs from the weekend show people may be socialising too closely, too early. Full Article
mess Deepika Padukoneâs Message For Irrfan Khan Is What His Fans Want To Tell The Late Actor Right Now By www.mensxp.com Published On :: Sat, 09 May 2020 14:43:57 +0530 Full Article News
mess Chelsea's Pulisic sends message to Liverpool boss Klopp By www.mirror.co.uk Published On :: Sat, 9 May 2020 11:06:39 +0000 The American international broke through at Borussia Dortmund when Klopp was still in charge, and was introduced to first-team training by the now Liverpool boss Full Article Sport
mess Kofi Kingston's message to WWE fans as he opens up on family life By www.mirror.co.uk Published On :: Sat, 9 May 2020 12:17:21 +0000 EXCLUSIVE: The WWE star and dad-of-two talks about silver linings of lockdown, keeping in touch with The New Day, how the NSPCC can help families and his plans for fans Full Article Sport
mess Wenger tips English youngster to overtake Lionel Messi and Cristiano Ronaldo By www.mirror.co.uk Published On :: Sat, 9 May 2020 13:09:53 +0000 Former Arsenal manager Arsene Wenger believes England could produce football's next superstar to take over from Lionel Messi and Cristiano Ronaldo - but Kylian Mbappe is the front-runner Full Article Sport
mess Lionel Messi told he hasn't reached same level since Pep Guardiola quit Barca By www.mirror.co.uk Published On :: Sat, 9 May 2020 13:22:24 +0000 Messi won FIFA's Best Player of the Year award in 2019, as well as his sixth Ballon d'Or, though Barcelona have not achieved the same level of success in recent years that they did on Guardiola's watch Full Article Sport
mess To CIOs: A message from your engine room By sandhill.com Published On :: Tue, 31 Jan 2017 00:00:00 +0000 CIOs often end up trying to manage complex browsers with traditional management or cobbled-together tools. Why is this a problem? Keep on reading: To CIOs: A message from your engine room Full Article
mess NRL and AFL playing on only hurt the severity of coronavirus messaging By www.abc.net.au Published On :: Tue, 24 Mar 2020 06:02:42 +1100 As ever the NRL's flea-infested tail wagged the dog but when it comes to professional sport taking place, those of us in the industry in this country have all let Australians down. Full Article Infectious Diseases (Other) Respiratory Diseases COVID-19 Australian Football League Rugby League NRL Sport
mess Doctors slam 'mixed messages' sent by allowing racing to continue By www.abc.net.au Published On :: Tue, 31 Mar 2020 14:04:00 +1100 The WA branch of the Australian Medical Association says horse and greyhound races should be put on hold during the coronavirus outbreak out of respect for the community. Full Article COVID-19 Horse Racing Harness Racing Sport Diseases and Disorders Viruses Health
mess Attention, graduates: Barack and Michelle Obama have a message for you By www.latimes.com Published On :: Tue, 5 May 2020 13:57:55 -0400 Former President Obama and First Lady Michelle Obama will deliver commencement speeches as part of virtual graduation ceremonies for the class of 2020. Full Article
mess Trump's message to Central America: Want ventilators? Help us with immigration By www.latimes.com Published On :: Fri, 24 Apr 2020 19:27:02 -0400 The Trump administration appears to be conditioning coronavirus assistance in Central America on immigration policy Full Article
mess Trump team scrambles to refocus message after bleach debacle By www.latimes.com Published On :: Tue, 28 Apr 2020 20:38:43 -0400 The new White House communications team is scrambling to keep Trump on TV but limit his ability to offer dangerous medical advice. The goal is to show him as a leader and push his reelection message. The problem is that Trump almost certainly will sabotage the plan. Full Article
mess Message from the Attorney General and the President to Employees By www.justice.gov Published On :: Tue, 1 Oct 2013 10:55:53 EDT The following message from the Attorney General was emailed to Justice Department employees on October 1, 2013. Full Article Speech
mess Message from the Attorney General to Employees By www.justice.gov Published On :: Thu, 10 Oct 2013 18:53:30 EDT The following message from the Attorney General was emailed to Justice Department employees on October 10, 2013. Full Article Speech
mess Attorney General Holder Records Message for Cartoon Network’s “I Speak up” Campaign to Combat Bullying By www.justice.gov Published On :: Mon, 15 Sep 2014 11:47:41 EDT The Justice Department announced Monday that Attorney General Eric Holder has recorded a video message as part of the Cartoon Network’s “I Speak Up” campaign to combat bullying. The project urges young people to speak up in order to help bring bullying situations to an end. Full Article OPA Press Releases
mess Trump's new 2020 message — it's not my fault By www.latimes.com Published On :: Fri, 8 May 2020 17:35:26 -0400 With the economy in free fall and deaths still rising from the coronavirus crisis, President Trump argued Friday that voters shouldn't hold him responsible. Full Article
mess With Coronavirus, ‘Nature is sending us a message’, says UN Environment Chief By www.jagranjosh.com Published On :: 2020-03-27T13:28:00Z Prof Andrew Cunningham from the Zoological Society of London said, “The emergence of COVID-19 was not only predictable, but it was also predicted (in the sense that) there would be another viral emergence from wildlife that would be a public health threat.” Full Article
mess Radio message meant to motivate Massa - Ferrari By en.espnf1.com Published On :: Thu, 09 Sep 2010 10:42:29 GMT Ferrari said that the radio message issued to Felipe Massa during the German Grand Prix was merely meant to motivate the Brazilian to drive faster himself Full Article
mess Encrypted messaging apps are the future of propaganda By webfeeds.brookings.edu Published On :: Fri, 01 May 2020 15:17:32 +0000 In recent years, propaganda campaigns utilizing disinformation and spread on encrypted messaging applications (EMAs) have contributed to rising levels of offline violence in a variety of countries worldwide: Brazil, India, Mexico, Myanmar, South Africa, Sri Lanka, the United States, and Venezuela. EMAs are quickly becoming the preferred medium for complex and covert propaganda campaigns in… Full Article
mess Vettel rues 'messy' qualifying By en.espnf1.com Published On :: Sat, 25 Sep 2010 16:35:57 GMT Sebastian Vettel was left ruing a missed opportunity in Singapore after failing to secure pole position for Sunday's night race Full Article
mess Unraveling the Syria Mess By webfeeds.brookings.edu Published On :: Wed, 08 Aug 2012 00:00:00 -0400 The Saban Center for Middle East Policy joined with the American Enterprise Institute and the Institute for the Study of War in June 2012 to host a one-day crisis simulation that explored the implications of spillover from the ongoing violence in Syria. The simulation examined how the United States and its allies might address worsening instability in Lebanon, Iraq, Jordan, Turkey, and elsewhere in the Middle East as a result of the internecine conflict in Syria. The Saban Center’s Middle East Memo, “Unraveling the Syria Mess: A Crisis Simulation of Spillover from the Syrian Civil War,” authored by simulation conveners Kenneth M. Pollack, Frederick W. Kagan, Kimberly Kagan, and Marisa C. Sullivan, presents key lessons and observations from the exercise. Among the key findings: A humanitarian crisis alone is unlikely to spur the international community to take action in Syria. Turkey is a linchpin in any effort to end the fighting in Syria, but Washington and Ankara may not see eye-to-eye on what the end game should be. U.S. history in Iraq and Lebanon make intervention there unlikely, even if spillover causes a renewal of large-scale violence. The simulation suggested a tension between U.S. political antipathy toward greater involvement in Syria and the potential strategic desirability of early action. Unraveling the Syria Mess Downloads Download the paper Video Unraveling the Syria Mess Authors Kenneth M. PollackFrederick W. KaganKimberly KaganMarisa C. Sullivan Image Source: © Stringer . / Reuters Full Article
mess Encrypted messaging apps are the future of propaganda By webfeeds.brookings.edu Published On :: Fri, 01 May 2020 15:17:32 +0000 In recent years, propaganda campaigns utilizing disinformation and spread on encrypted messaging applications (EMAs) have contributed to rising levels of offline violence in a variety of countries worldwide: Brazil, India, Mexico, Myanmar, South Africa, Sri Lanka, the United States, and Venezuela. EMAs are quickly becoming the preferred medium for complex and covert propaganda campaigns in… Full Article
mess Foxconn Sends a Manufacturing Message with New Pennsylvania Plant By webfeeds.brookings.edu Published On :: Mon, 25 Nov 2013 16:39:00 -0500 Last week international electronics mega-manufacturer Foxconn announced plans to invest $30 million in a new robotics plant in Harrisburg, PA. Foxconn, the notorious Chinese low-wage manufacturer of Apple’s iPhone, has become the poster child of U.S. outsourcing in the face of ruinous global labor cost competition. The calculus of manufacturing supremacy is seemingly simple: Low labor costs and taxes, proximity to a large consumer base, and manageable corruption levels equal a sure strategy to attract global firms. So what’s going on in Harrisburg? Foxconn is beginning to realize what a number of global manufacturers have come to realize: Production sites that can leverage university, government, and private R&D, a market-ready STEM workforce, and a vibrant cluster of global manufacturing supply chains trump cheap labor and tax breaks. In this regard the Harrisburg region is a big win for Pennsylvania as well as Foxconn—a company trying to move away from a legacy of poor working conditions to one of high-value, high-skilled production. Harrisburg and the larger Rust Belt Pittsburgh-Youngstown region to the west are hotbeds of advanced manufacturing. Youngstown is home to the National Additive Manufacturing Innovation Institute—an internationally recognized hub for so-called “3D printing” that draws together public- and private-sector resources. Pittsburgh—with the University of Pittsburgh, Carnegie Mellon University, and firms like Google—has redefined itself from a gilded-era steel town to a modern technology leader in software and robotics. Indeed, Foxconn is investing $10 million in Carnegie Mellon’s world class advanced robotics R&D. Finally, also in the Rust Belt and including Harrisburg, Akron and Cleveland, cheap natural gas has helped push manufacturing job and firm growth in a region that was hit extremely hard by the recession. While Foxconn may be one of the highest profile foreign firm to relocate to the United States it is certainly not, as we’ve discussed, the first. Again and again, global firms interested in high-end manufacturing are putting a renewed premium on geographic clusters of intensive innovation. To be sure, countries with low labor costs still maintain solid advantages in a number manufacturing industries that will help their economies grow—this is the benefit and reality of a global economy. But when it comes to advanced manufacturing, U.S. metro areas and regions that foster synergies between research, skills, and production will likely continue to be highly sought after from firms looking to move up the global value chain. Authors Mark MuroScott Andes Image Source: © George Frey / Reuters Full Article
mess New al-Qaida message urges attacks on Israel By webfeeds.brookings.edu Published On :: Wed, 11 May 2016 15:30:00 -0400 Hamzah bin Laden issued a new video message this week, only his second ever, calling for all Muslims to support the Palestinian intifada. The 17-minute message coincided with a longer message from al-Qaida leader Ayman al-Zawahiri urging support for the Syrian branch of al-Qaida, the Nusra Front. Hamzah's message says recovering Jerusalem and the al Aqsa mosque is the most important responsibility of every Muslim. He quotes his father Osama bin Laden, stressing that fighting Israel is the fundamental basis of al-Qaida's ideology and narrative. The video shows images of Palestinians clashing with Israeli soldiers. In the message, Hamzah says: "knives are our weapon; you should have no trouble finding your own knives." Israeli border police run in front of Dome of the Rock during a protest after Friday prayers at a compound known to Muslims as al-Haram al-Sharif and to Jews as Temple Mount, in Jerusalem's Old City February 22, 2013. Photo credit: Reuters/ Muammar Awad. Hamzah also urges all Muslims to kill Jews and "their interests worldwide." The United States should be attacked, he says, for providing Israel with $3 billion a year in assistance—which Hamzah predicts will rise to $5 billion a year soon. He says American-Israeli "security collaboration is at its highest level" and Americans "have to pay their bill with blood." Every Muslim "has to personally take part in defending the al Aqsa mosque by waging jihad to avenge our pure sisters who were killed in cold blood" by Israel. Both Hamzah and Zawahiri laud the Syrian revolution for bringing al-Qaida to the border of Israel. The two messages were released by al-Qaida's media arm, al Sahab, a day apart. Their release ends a seven-month silence by both—they had not released any messages since last summer. Zawahiri has already released a second message lauding the late leader of the Afghan Taliban Mullah Omar and castigating the self-proclaimed caliph of the Islamic State Abu Bakr al Baghdadi. Hamzah's message may be an indication that he is being groomed to be Zawahiri's successor. The 25 year-old favorite son of bin Laden is a charismatic face for the organization, which has been eclipsed in the global media by the Islamic State. By associating himself with Palestinian attacks in Jerusalem, Hamzah is trying to appeal to the widespread support in the jihadist movement for them. Authors Bruce Riedel Full Article
mess The medical marijuana mess: A prescription for fixing a broken policy By webfeeds.brookings.edu Published On :: Tue, 22 Mar 2016 14:01:49 +0000 In 2013, Patrick and Beth Collins were desperate. Thirteen‐year‐old Jennifer, the younger of their two children, faced a life‐threatening situation. In response, the Collins family took extreme measures—sending Jennifer thousands of miles away in the company of her mother. Beth and Jennifer became refugees from a capricious government whose laws threatened Jennifer’s health, the family’s… Full Article
mess The mess in Afghanistan By webfeeds.brookings.edu Published On :: Wed, 04 Mar 2020 22:18:18 +0000 The Islamic Emirate of Afghanistan, the signature title of the Taliban, is rightly pleased with the agreement that it signed with the United States in Qatar on February 29. The agreement concedes their long-sought demand for the withdrawal “from Afghanistan of all military forces of the United States, its allies, and Coalition partners, including all… Full Article
mess Realist or neocon? Mixed messages in Trump advisor’s foreign policy vision By webfeeds.brookings.edu Published On :: Tue, 19 Jul 2016 08:00:00 -0400 Last night, retired lieutenant general Michael Flynn addressed the Republican convention as a headline speaker on the subject of national security. One of Donald Trump’s closest advisors—so much so that he was considered for vice president—Flynn repeated many of the themes found in his new book, The Field of Fight, How We Can Win the Global War Against Radical Islam and Its Allies, which he coauthored with Michael Ledeen. (The book is published by St. Martin’s, which also published mine.) Written in Flynn’s voice, the book advances two related arguments: First, the U.S. government does not know enough about its enemies because it does not collect enough intelligence, and it refuses to take ideological motivations seriously. Second, our enemies are collaborating in an “international alliance of evil countries and movements that is working to destroy” the United States despite their ideological differences. Readers will immediately notice a tension between the two ideas. “On the surface,” Flynn admits, “it seems incoherent.” He asks: “How can a Communist regime like North Korea embrace a radical Islamist regime like Iran? What about Russia’s Vladimir Putin? He is certainly no jihadi; indeed, Russia has a good deal to fear from radical Islamist groups.” Flynn spends much of the book resolving the contradiction and proving that America’s enemies—North Korea, China, Russia, Iran, Syria, Cuba, Bolivia, Venezuela, Nicaragua, al-Qaida, Hezbollah, and ISIS—are in fact working in concert. No one who has read classified intelligence or studied international relations will balk at the idea that unlikely friendships are formed against a common enemy. As Flynn observes, the revolutionary Shiite government in Tehran cooperates with nationalist Russia and communist North Korea; it has also turned a blind eye (at the very least) to al-Qaida’s Sunni operatives in Iran and used them bargaining chips when negotiating with Osama bin Laden and the United States. Flynn argues that this is more than “an alliance of convenience.” Rather, the United States’ enemies share “a contempt for democracy and an agreement—by all the members of the enemy alliance—that dictatorship is a superior way to run a country, an empire, or a caliphate.” Their shared goals of maximizing dictatorship and minimizing U.S. interference override their substantial ideological differences. Consequently, the U.S. government must work to destroy the alliance by “removing the sickening chokehold of tyranny, dictatorships, and Radical Islamist regimes.” Its failure to do so over the past decades gravely imperils the United States, he contends. The book thus offers two very different views of how to exercise American power abroad: spread democracies or stand with friendly strongmen...[P]erhaps it mirrors the confusion in the Republican establishment over the direction of conservative foreign policy. Some of Flynn’s evidence for the alliance diverts into the conspiratorial—I’ve seen nothing credible to back up his assertion that the Iranians were behind the 1979 takeover of the Grand Mosque in Mecca by Sunni apocalypticists. And there’s an important difference between the territorially-bounded ambitions of Iran, Russia, and North Korea, on the one hand, and ISIS’s desire to conquer the world on the other; the former makes alliances of convenience easier than the latter. Still, Flynn would basically be a neocon if he stuck with his core argument: tyrannies of all stripes are arrayed against the United States so the United States should destroy them. But some tyrannies are less worthy of destruction than others. In fact, Flynn argues there’s a category of despot that should be excluded from his principle, the “friendly tyrants” like President Abdel-Fatah el-Sissi in Egypt and former president Zine Ben Ali in Tunisia. Saddam Hussein should not have been toppled, Flynn argues, and even Russia could become an “ideal partner for fighting Radical Islam” if only it would come to its senses about the threat of “Radical Islam.” Taken alone, these arguments would make Flynn realist, not a neocon. The book thus offers two very different views of how to exercise American power abroad: spread democracies or stand with friendly strongmen. Neither is a sure path to security. Spreading democracy through the wrong means can bring to power regimes that are even more hostile and authoritarian; standing with strongmen risks the same. Absent some principle higher than just democracy or security for their own sakes, the reader is unable to decide between Flynn’s contradictory perspectives and judge when their benefits are worth the risks. It’s strange to find a book about strategy so at odds with itself. Perhaps the dissonance is due to the co-authors’ divergent views (Ledeen is a neocon and Flynn is comfortable dining with Putin.) Or perhaps it mirrors the confusion in the Republican establishment over the direction of conservative foreign policy. Whatever the case, the muddled argument offered in The Field of Fight demonstrates how hard it is to overcome ideological differences to ally against a common foe, regardless of whether that alliance is one of convenience or conviction. Authors William McCants Full Article
mess Buhari’s Nigeria: John Kerry’s tough love message By webfeeds.brookings.edu Published On :: Wed, 07 Sep 2016 17:24:00 +0000 Full Article
mess Making sense of China’s stock market mess By webfeeds.brookings.edu Published On :: Mon, 13 Jul 2015 03:34:00 -0400 Nearly two years ago China’s Communist Party released a major economic reform blueprint, whose signature phrase was that market forces would be given a “decisive role” in resource allocation. That Third Plenum Decision and other policy pronouncements raised hopes that Xi Jinping’s government would push the nation toward a more efficiency-driven growth model in which the private sector would take a greater share of economic activity and the state would exercise its leadership less through direct ownership of assets than through improved governance and regulation. Over the past two weeks, Xi’s bureaucrats launched the most heavy-handed intervention in China’s stock markets in their twenty-five year history. Spooked by a sudden 19% plunge in the Shanghai Composite Index, regulators halted initial public offerings, suspended trading in shares accounting for 40% of market capitalization, forced state-owned brokers to promise to buy stocks until the index reached a higher level, mobilized state-controlled funds to purchase equities, and promised unlimited support from the central bank. At first these measures failed to prevent a further fall. But by the end of last week, the market stabilized, at a level 28% below its June 12 peak but still up 82% from a year ago, when the bull run started. What ever happened to the “decisive role” of market forces? A skeptic would argue that the contradiction between market-friendly rhetoric and dirigiste reality shows up the hollowness of Xi’s reform program. Under this reading, the promised economic restructuring is unlikely to make much progress, either because Xi doesn’t really believe in it, or because the power of entrenched interest groups and bad old habits is simply too great to overcome. This view finds support in both the embarrassing stock-market spectacle and the fitful progress of reforms. Progress in a few areas has been solid: slashing of bureaucratic red tape has led to a surge in new private businesses; full liberalization of interest rates seems likely following the introduction of bank deposit insurance in May; Rmb 2 trillion (US$325 billion) of local government debt is being sensibly restructured into long-term bonds; tighter environmental regulation and more stringent resource taxes have contributed to a surprising two-year decline in China’s consumption of coal. But many other crucial reforms are missing in action. Most important, almost nothing has been done to dredge the dismal swamp of state-owned enterprises (SOEs), which deliver a return on assets only half that of private companies, but still suck up a share of national resources (capital, labor, land and energy) grossly disproportionate to their contribution to output. Given this record, it is plausible to interpret the stock market’s wild ride over the past year as a diversionary tactic by a government facing economic growth that ground ever lower and reforms that seemed ever more stuck in the mud. First Beijing tried to pump things up by encouraging retail investors to return to a stock market they had abandoned after the last bubble burst in 2007, and let brokers extend huge amounts of credit to enable investors to double their bets on margin. By early July, margin credit stood at Rmb 2 trillion, four times as much as a year earlier. That figure equaled 18% of the “free float” value of the market (i.e. the value of all freely tradable shares, excluding those locked up in the hands of strategic long-term shareholders). Even after a recent decline, margin credit is nearly 14% of Shanghai’s free-float market capitalization, compared to less than 6% in New York and under 1% in Tokyo. The Chinese government also tried to entice foreign investors by permitting them to invest in the Shanghai market via brokers in Hong Kong. And for a while it seemed possible that domestic A-shares would be included in the MSCI Emerging Markets Index, which would have forced global institutions to move billions of dollars of equity investments to Shanghai in order to ensure their funds matched their index benchmarks. (In early June, MSCI deferred that decision for at least another year.) Amid a dearth of good economic news, the government could point to a buoyant stock market as evidence that it was doing something right. And after a couple of years spent cracking down on wealth-making activities through a fierce anti-corruption campaign, Beijing could also reassure business and financial elites that it had their interests at heart. For a while it worked: the Shanghai index more than doubled in the 12 months before its June peak. But the ill-informed enthusiasm of novice investors, magnified by credit, pushed valuations to absurd levels that could lead only to an ugly crash. Now that the crash has come, China’s leaders must face the grim reality of a broken market, a stagnant economy, and a stalled reform program. This account has much truth to it. The government did encourage the stock bubble, and its blundering intervention last week did undermine the credibility of its commitment to markets. Yet there is another way of looking at things that is both less dire and better attuned to China’s complexities. Little evidence suggests that the stock market lay anywhere near the center of policy makers’ concerns, during either the boom or the crash. The main aims of macroeconomic policy over the last nine months have been to support investment growth by a cautious monetary easing, and to stabilize a weakening property market (important because construction is the key source of demand for heavy industry). The stock market was a sideshow: an accidental beneficiary of easier money, and the fortuitous recipient of funds from investors fleeing the weak property market and seeking higher returns in equities. There was good reason for policy makers not to pay much attention to the stock market. China’s market is essentially a casino detached from fundamentals. It neither contributed much to economic growth while it was rising, nor threatened the economy when it collapsed. In countries such as the U.S.—where about half of the population own stocks, equities make up a big chunk of household wealth, and corporations rely heavily on funds raised on the stock market—a big stock-market fall can inflict great pain on the economy by slashing household wealth and spending, and making it harder for companies to finance their investments. China is different: less than 7% of urban Chinese have any money in the market, and their equity holdings are dwarfed by their far larger investments in property, wealth management products, and bank deposits. Equity-raising accounts for less than 5% of total corporate fund-raising; bank loans and retained earnings remain by far the biggest sources of investment funds. But hold on—if the market were really so economically irrelevant, then why did the government panic and try to prop it up with such extreme measures? It’s a fair question. One plausible answer is that the China Securities Regulatory Commission (CSRC), which oversees the market, got worried by the chaos and begged the State Council to mobilize support so that it could gain time to deal with the underlying problems, such as excessive margin borrowing. This explanation certainly seems to be the one the State Council wants people to believe. Despite its strong actions, the Council and its leader, Premier Li Keqiang, have stayed studiously silent on the stock market. The implied message is: “Okay, CSRC, we’ve stopped the bleeding and bought you some time. Now it is up to you to fix the mess and return the market to proper working order. If you fail, the blame will fall on you, not us.” If this interpretation is right, we can expect restrictions on trading and IPOs to be gradually lifted over the next several months, and rules on margin finance tightened to ensure that the next rally rests on a firmer foundation. The episode highlights the built-in contradictions in China’s present economic policies. Based on numerous statements and policy moves over the last 15 years, there can be no doubt that influential financial reformers want bigger and more robust capital markets—including a vibrant stock market—in order to reduce the economy’s reliance on politically-driven bank lending. Moreover, the success of proposed “mixed ownership” plan for SOE reform likely depends on having a healthy stock market, in which the state shareholding in big companies can be gradually diluted by selling off stakes to private investors. But the financial reformers are not the only game in town. As analysts like me should have taken more care to emphasize when it was released, the Third Plenum Decision is no Thatcherite free-market manifesto. In addition to assigning a “decisive role” to market forces, it reaffirms the “dominant role” of the state sector. Like all big policy pronouncements during China’s four decades of economic reform, it is less a grand vision than an ungainly compromise between competing interests. One interest group is the financial technocrats who want a bigger role for markets in the name of more efficient and sustainable economic growth. Another consists of politicians and planners who insist on a large state role in the economy so as to maintain the Party’s grip on power, protect strategically important industries and assets, and provide a mechanism for coordination of macro-economic policies. In short Xi and his colleagues, like all their predecessors since Deng Xiaoping, are trying to have it both ways: improve economic performance by widening the scope of markets, but guide the outcomes through direct intervention and state ownership of key actors and assets. Both elements, from the leadership’s standpoint, are necessary; the critical question is how they are balanced. Free-market fundamentalists might say such an approach is unsustainable and doomed to failure. But they have been saying that since reforms began in 1978, and so far they have been proved wrong by China’s sustained strong economic performance. Of course the task now is tougher, since China no longer enjoys the tailwinds of favorable demographics and booming global export markets. Moreover, “market guidance” is fairly easy to pull off in physical markets such as those for agricultural commodities, industrial metals or even property, where the government can manipulate supply and demand through control of physical inventories. It is far trickier in the ether of financial markets, where transactions take nanoseconds and billions of dollars of value can vanish in the blink of an eye. Yet Beijing will doubtless keep trying to develop bigger and better capital markets, while at the same time intervening whenever those markets take an inconvenient turn. It is too early to say whether this strategy will prove successful, but one thing is for sure: we will see plenty more wild rides in the Shanghai stock market in the years to come. Arthur Kroeber is non-resident senior fellow at the Brookings-Tsinghua Center and head of research at economic consultancy Gavekal Dragonomics. Authors Arthur R. Kroeber Image Source: Aly Song / Reuters Full Article
mess Realist or neocon? Mixed messages in Trump advisor’s foreign policy vision By webfeeds.brookings.edu Published On :: Tue, 19 Jul 2016 08:00:00 -0400 Last night, retired lieutenant general Michael Flynn addressed the Republican convention as a headline speaker on the subject of national security. One of Donald Trump’s closest advisors—so much so that he was considered for vice president—Flynn repeated many of the themes found in his new book, The Field of Fight, How We Can Win the Global War Against Radical Islam and Its Allies, which he coauthored with Michael Ledeen. (The book is published by St. Martin’s, which also published mine.) Written in Flynn’s voice, the book advances two related arguments: First, the U.S. government does not know enough about its enemies because it does not collect enough intelligence, and it refuses to take ideological motivations seriously. Second, our enemies are collaborating in an “international alliance of evil countries and movements that is working to destroy” the United States despite their ideological differences. Readers will immediately notice a tension between the two ideas. “On the surface,” Flynn admits, “it seems incoherent.” He asks: “How can a Communist regime like North Korea embrace a radical Islamist regime like Iran? What about Russia’s Vladimir Putin? He is certainly no jihadi; indeed, Russia has a good deal to fear from radical Islamist groups.” Flynn spends much of the book resolving the contradiction and proving that America’s enemies—North Korea, China, Russia, Iran, Syria, Cuba, Bolivia, Venezuela, Nicaragua, al-Qaida, Hezbollah, and ISIS—are in fact working in concert. No one who has read classified intelligence or studied international relations will balk at the idea that unlikely friendships are formed against a common enemy. As Flynn observes, the revolutionary Shiite government in Tehran cooperates with nationalist Russia and communist North Korea; it has also turned a blind eye (at the very least) to al-Qaida’s Sunni operatives in Iran and used them bargaining chips when negotiating with Osama bin Laden and the United States. Flynn argues that this is more than “an alliance of convenience.” Rather, the United States’ enemies share “a contempt for democracy and an agreement—by all the members of the enemy alliance—that dictatorship is a superior way to run a country, an empire, or a caliphate.” Their shared goals of maximizing dictatorship and minimizing U.S. interference override their substantial ideological differences. Consequently, the U.S. government must work to destroy the alliance by “removing the sickening chokehold of tyranny, dictatorships, and Radical Islamist regimes.” Its failure to do so over the past decades gravely imperils the United States, he contends. The book thus offers two very different views of how to exercise American power abroad: spread democracies or stand with friendly strongmen...[P]erhaps it mirrors the confusion in the Republican establishment over the direction of conservative foreign policy. Some of Flynn’s evidence for the alliance diverts into the conspiratorial—I’ve seen nothing credible to back up his assertion that the Iranians were behind the 1979 takeover of the Grand Mosque in Mecca by Sunni apocalypticists. And there’s an important difference between the territorially-bounded ambitions of Iran, Russia, and North Korea, on the one hand, and ISIS’s desire to conquer the world on the other; the former makes alliances of convenience easier than the latter. Still, Flynn would basically be a neocon if he stuck with his core argument: tyrannies of all stripes are arrayed against the United States so the United States should destroy them. But some tyrannies are less worthy of destruction than others. In fact, Flynn argues there’s a category of despot that should be excluded from his principle, the “friendly tyrants” like President Abdel-Fatah el-Sissi in Egypt and former president Zine Ben Ali in Tunisia. Saddam Hussein should not have been toppled, Flynn argues, and even Russia could become an “ideal partner for fighting Radical Islam” if only it would come to its senses about the threat of “Radical Islam.” Taken alone, these arguments would make Flynn realist, not a neocon. The book thus offers two very different views of how to exercise American power abroad: spread democracies or stand with friendly strongmen. Neither is a sure path to security. Spreading democracy through the wrong means can bring to power regimes that are even more hostile and authoritarian; standing with strongmen risks the same. Absent some principle higher than just democracy or security for their own sakes, the reader is unable to decide between Flynn’s contradictory perspectives and judge when their benefits are worth the risks. It’s strange to find a book about strategy so at odds with itself. Perhaps the dissonance is due to the co-authors’ divergent views (Ledeen is a neocon and Flynn is comfortable dining with Putin.) Or perhaps it mirrors the confusion in the Republican establishment over the direction of conservative foreign policy. Whatever the case, the muddled argument offered in The Field of Fight demonstrates how hard it is to overcome ideological differences to ally against a common foe, regardless of whether that alliance is one of convenience or conviction. Authors William McCants Full Article
mess Message for Policymakers: Ocean Iron Fertilization Chances of Success Low By www.treehugger.com Published On :: Mon, 31 Jan 2011 14:55:00 -0500 Another summary of the potential risks and benefits of ocean iron fertilization--the geoengineering method which proposes seeding oceans with iron so as to stimulate microscopic plants that absorb carbon from the Full Article Technology
mess Rob Greenfield: How we can be the change we want to see in a "messed up" world By www.treehugger.com Published On :: Fri, 04 Aug 2017 15:43:46 -0400 When it comes to walking the green and sustainable walk, Greenfield really puts it all on the line. Full Article Living
mess Timbuk2/Howie's Limited-Edition Messenger Bag By www.treehugger.com Published On :: Fri, 19 Sep 2008 18:54:28 -0400 Available in Full Article Living
mess Eco Reminders; Wall Stickers with a Poetic Message Help You Get Rid of Bad Habits (Photos) By www.treehugger.com Published On :: Thu, 02 Dec 2010 10:38:50 -0500 Stickers can be fun, but how eco-friendly is this new craze for decorating walls? We have found two brands that claim their vinyls to be eco-chic, and some even come with decorative eco-reminders; very clever! Hu2 in the UK has just Full Article Design
mess Dousing flames with sound waves, new fire extinguisher makes no mess By www.treehugger.com Published On :: Fri, 27 Mar 2015 14:21:30 -0400 Like a gadget from a superhero's gizmo-kit, two engineering students have invented a device to battle blazes with noise – water and toxic chemicals not required. Full Article Design
mess This 2,000-year-old message from Pompeii's ruins is freaking me out By www.treehugger.com Published On :: Fri, 19 Oct 2018 10:00:00 -0400 Archeologists unearthed some eerie graffiti in history's most famous graveyard. Full Article Science
mess Effective frequency in sustainable messaging By www.treehugger.com Published On :: Wed, 17 Aug 2016 10:13:17 -0400 In our mission to close the “green-gap” through sustainable messaging, every bit of insight counts. Full Article Business
mess The best DIY baking soda cleaner for tough kitchen messes By www.treehugger.com Published On :: Mon, 10 Feb 2020 12:08:35 -0500 For everything from stained sinks and burnt pots to baked-on grime, this simple 3-ingredient formula is eco-friendly, zero-waste, and actually works. Full Article Living
mess Which message best motivates change: IPCC or the Nobel Prize? By www.treehugger.com Published On :: Tue, 09 Oct 2018 04:10:00 -0400 William Nordhaus und Paul Romer Full Article Business
mess Messi Has His Own Space Scooter Game - People all over the world can play a new game with Lionel Messi By feedproxy.google.com Published On :: 03 Feb 2016 11:20:00 EST People all over the world can play on their smartphone or tablet a new game where five-time FIFA World Player Award winner Lionel Messi should overcome various missions. Messi jumps over rocks, bridges and other obstacles, makes somersaults, stoops to drive through tunnels and is dodging rockets and monsters. Of course he is allowed to shoot balls to get a free passage. Full Article Entertainment Sports Telecommunications Electronic Gaming Mobile Entertainment New Products Services MultiVu Video
mess 'Mixed messages': UK government's strategy fuels fears of rule-breaking By www.theguardian.com Published On :: 2020-05-07T18:46:41Z Critics of No 10 warn U-turns undermining efforts to keep public safe from coronavirusCoronavirus – latest updatesSee all our coronavirus coverageFirst people were meant to stay at home to save lives, and then government sources raised the prospect of picnics with pals and sunbathing in the park just before a sunny bank holiday weekend.Boris Johnson told the nation that scientists thought face masks might help stop the spread of the disease, but no change was made to the government advice that they were not needed outside medical and care settings. Continue reading... Full Article Coronavirus outbreak Boris Johnson Conservatives Politics UK news Science Infectious diseases NHS Health
mess Jacob Collier: The man dubbed 'jazz's new messiah' on making music in lockdown By www.france24.com Published On :: Fri, 08 May 2020 12:42:04 GMT Four Grammy awards, tens of millions of views, Quincy Jones as a manager, Herbie Hancock as a fan and Chris Martin as a collaborator: 25-year-old Jacob Collier has been compared to Mozart and Prince and called jazz's new messiah. The north London prodigy speaks to Eve Jackson from confinement about his four-volume, 50-song album "Djesse", being managed by the man who produced the best-selling album of all time, and what he's learned in lockdown. Full Article Encore!
mess yous all messed up kitty By www.toothpastefordinner.com Published On :: Fri, 19 Dec 2014 04:00:00 EST Today on Toothpaste For Dinner: yous all messed up kitty Full Article comic
mess sorry about all the mess By www.toothpastefordinner.com Published On :: Tue, 14 Aug 2018 04:00:00 EDT Today on Toothpaste For Dinner: sorry about all the messThe Worst Things For Sale is Drew's blog. It updates every day. Subscribe to the Worst Things For Sale RSS! Full Article comic