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The Coming Ecological Destruction (Revelation 8:6-13)

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.




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12 bodies recovered from Cameroon landslides

Yaounde, Cameroon — Workers have recovered 12 bodies following landslides that engulfed a road in the west of Cameroon, a regional official said Saturday, adding there is no hope of finding survivors.   State television CRTV reported the comments by the governor of Ouest region, Augustine Awa Fonka.   "In our opinion, there is no longer any possibility of finding survivors," he told the station.  Only 12 bodies had been recovered from the site of the disaster, the last of them on Saturday morning, he said.   Dozens more people are still missing, and the search for bodies is still continuing, he added.   Two landslides hit the Dschang cliff road Tuesday — the second as emergency workers were using heavy machinery to try to clear the road.   Vehicles hit included three coaches with around 20 seats each, five six-seater vehicles, and several motorbikes said Awa Fonka in an earlier statement.   Cameroon's roads are notoriously dangerous, with almost 3,000 deaths each year in accidents, or more than 10 deaths per 100,000 inhabitants, according to the latest figures from the World Health Organization, published in 2023.    In early September, a tractor-trailer carrying passengers plunged off a cliff road into a ravine near the town of Dschang, killing eight people and injuring 62 others, including eight children. 




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Decolonizing the Arctic Council

Decolonizing the Arctic Council Decolonizing the Arctic Council

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Panelists See Long Pandemic Recovery in the Pacific, Urge Attention to Community Voices

Panelists See Long Pandemic Recovery in the Pacific, Urge Attention to Community Voices Panelists See Long Pandemic Recovery in the Pacific, Urge Attention to Community Voices

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Web Article

Recent online articles and analysis that have been published on the East-West Center website.

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How Should the US React to China’s Political and Economic Transformation?

How Should the US React to China’s Political and Economic Transformation? How Should the US React to China’s Political and Economic Transformation?
Anonymous (not verified) Wed, 10/24/2018 - 14:11

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Is There a Future for Economic Integration in East and Southeast Asia?

Is There a Future for Economic Integration in East and Southeast Asia? Is There a Future for Economic Integration in East and Southeast Asia?
Anonymous (not verified) Thu, 10/18/2018 - 14:43

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Protectionist Trade Policy Dampens US Economy and Risks Conflict with Asia

Protectionist Trade Policy Dampens US Economy and Risks Conflict with Asia Protectionist Trade Policy Dampens US Economy and Risks Conflict with Asia
Anonymous (not verified) Wed, 12/19/2018 - 14:24

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The Economic Impact of Population Aging: How Should Policymakers Respond?

The Economic Impact of Population Aging: How Should Policymakers Respond? The Economic Impact of Population Aging: How Should Policymakers Respond?
Anonymous (not verified) Tue, 02/26/2019 - 16:02

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Japan Considers a National Economic Council

Japan Considers a National Economic Council Japan Considers a National Economic Council
Anonymous (not verified) Fri, 02/01/2019 - 11:48

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Global Warming in Round Numbers— Toward a Zero-Carbon Economy

Global Warming in Round Numbers— Toward a Zero-Carbon Economy Global Warming in Round Numbers— Toward a Zero-Carbon Economy
Anonymous (not verified) Thu, 03/07/2019 - 12:19

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Korea’s Economic Challenges in the 4th Industrial Revolution

Korea’s Economic Challenges in the 4th Industrial Revolution Korea’s Economic Challenges in the 4th Industrial Revolution
ferrard Mon, 08/27/2018 - 11:56

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Can Technology Offset the Effects of Population Aging on Economic Growth? New Report from the Asian Development Bank

Can Technology Offset the Effects of Population Aging on Economic Growth? New Report from the Asian Development Bank Can Technology Offset the Effects of Population Aging on Economic Growth? New Report from the Asian Development Bank
Anonymous (not verified) Thu, 03/26/2020 - 16:59

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An Aging Population in Asia Creates Economic Challenges

An Aging Population in Asia Creates Economic Challenges An Aging Population in Asia Creates Economic Challenges
Anonymous (not verified) Thu, 05/07/2020 - 11:54

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Better Work Opportunities for Older Adults Would Benefit the South Korean Economy

Better Work Opportunities for Older Adults Would Benefit the South Korean Economy Better Work Opportunities for Older Adults Would Benefit the South Korean Economy
Anonymous (not verified) Tue, 05/26/2020 - 10:08

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US-China Economic Relations Under Pressure From COVID-19

US-China Economic Relations Under Pressure From COVID-19 US-China Economic Relations Under Pressure From COVID-19
Anonymous (not verified) Wed, 06/03/2020 - 10:26

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COVID-19 Pandemic Prompts a New Look at Ecological Security

COVID-19 Pandemic Prompts a New Look at Ecological Security COVID-19 Pandemic Prompts a New Look at Ecological Security
Anonymous (not verified) Thu, 09/17/2020 - 13:08

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Biden Administration Faces Daunting Task of Rebuilding US Economic Diplomacy

Biden Administration Faces Daunting Task of Rebuilding US Economic Diplomacy Biden Administration Faces Daunting Task of Rebuilding US Economic Diplomacy
ferrard Wed, 12/09/2020 - 14:49

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Illegal Fishing Becoming Top Maritime Security Risk

Illegal Fishing Becoming Top Maritime Security Risk Illegal Fishing Becoming Top Maritime Security Risk
venkatp Wed, 10/06/2021 - 11:42

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South Korea and the US: Collaborating to Aid Economic Recovery in Southeast Asia

South Korea and the US: Collaborating to Aid Economic Recovery in Southeast Asia South Korea and the US: Collaborating to Aid Economic Recovery in Southeast Asia
ferrard Thu, 01/06/2022 - 09:09

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Matzikama municipality refers irregular recommendations back to Bredell




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Unemployment rate improves to 32.1% but more still needs to done, economists caution




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Corporates crush townships economy




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Consumers remain burdened by debt despite mproving economic conditions, says DebtBusters




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Thuli Madonsela pushes back against Mbalula's call for spaza shop shutdown, sparking debate on health and economy




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The Singles' Day shopping festival loses its shine under China's lagging economy

HONG KONG — Merchants and consumers alike found the Singles' Day shopping festival Monday less shiny than in years past as e-commerce firms look abroad for growth. The annual event named by the numeric form of its Nov. 11 date was started by e-commerce platform Alibaba, which offered attractive discounts to entice shoppers to spend big. The extravaganza has since expanded to other platforms like JD.com and Pinduoduo in China as well as abroad. While Singles’ Day was previously a one-day event, shopping platforms in China now kickstart the festival weeks ahead to drum up sales volume. The festival has also traditionally been regarded as a barometer of consumer sentiment. But amid China’s lagging domestic economy, dragged down by a real estate crisis and deflationary pressures, consumers no longer go all out on purchases during the shopping extravaganza. “I only spent a few hundred yuan on daily necessities,” said Wang Haihua, who owns a fitness center in Beijing. Wang said that the prices offered on e-commerce platforms during Singles’ Day are not necessarily cheaper than usual. “They’re all tricks and we’ve seen through it over the years,” she said. Zhang Jiewei, a 34-year-old who runs a barber shop in Xi’an city, echoed Wang’s sentiments, saying that he no longer trust Singles’ Day promotions as some merchants tend to raise the usual price of a product before offering a discount, giving consumers the illusion they are getting a deal. “I used to buy a lot two or three years ago and I even purchased a mobile phone (during Singles’ Day),” he said. “I stopped doing that following the pandemic because of less income. I am not going to buy anything this year,” Zhang added. Some experts say that Beijing’s recent stimulus measures have had little impact to boost consumer confidence. “People are not interested in spending and are cutting back on big-ticket items,” said Shaun Rein, founder and managing director of China Market Research Group in Shanghai. “Since October 2022, the weak economy means that everything has been on discount year-round, 11.11 is not going to bring in more discounts that the month before.” Rein said he expects low growth for the Singles’ Day shopping festival as consumers tighten their spending in anticipation of difficult economic times ahead. Categories such as sportswear and fitness, however, have been doing well as customers “trade down a Gucci bag for Lululemon sportswear,” he said. Platforms like JD.com and Alibaba, which operates e-commerce platforms Taobao and Tmall, previously used to publish the value of transactions made during the festival, but have since stopped revealing the total figure. While yearly growth used to be in the double digits, estimates of recent figures have dwindled to low single-digit growth. Syntun, a data provider, estimated that last year’s gross merchandising volume sales across major e-commerce platforms grew just 2% to $156.40 billion, a far cry from double-digit growth before COVID-19. Merchants who typically take part in the Singles’ Day shopping festivals say the costs of participation no longer pay off, amid high advertising fees and unsatisfactory sales. Zhao Gao, who owns a garment factory in eastern Zhejiang province, said that after paying advertising costs to e-commerce platforms he would only break even after sales. “The platforms have so many rules for promotions and customers have become more skeptical,” he said. “As a merchant, I no longer participate in the Singles’ Day promotions.” Another merchant, Du Baonian who runs a food company processing mutton in Inner Mongolia, said that overall sales in the past year have fallen 15% as consumers downgraded and reduced consumption. Du said that while he still takes part in the Singles’ Day promotions, the higher expenses do not typically generate returns because of sluggish sales. “We are seeing shrinking revenue, but advertisement on the platform can help us to maintain our leading sales position,” he said, adding that he was considering advertising on more e-commerce platforms to target more consumers. Meanwhile, e-commerce platforms grappling with a slowing domestic market have also turned to overseas markets to seek new growth, offering promotions like global free shipping and allowing merchants to sell globally with ease. Alibaba, for example, said in a blog post on its Alizila site that some 70,000 merchants saw sales double with global free shipping. In markets like Singapore and Hong Kong, new customers also doubled, Alibaba said.




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Economists wonder whether Trump will follow through on campaign vows

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."



  • USA
  • 2024 US Election

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Special Investment Facilitation Council Reviews Progress and Strategies for Economic Stability in Pakistan

The Apex Committee of the Special Investment Facilitation Council (SIFC) met to evaluate advancements in fostering investments in Pakistan. Chaired by the caretaker prime minister, discussions encompassed strategies such as the privatization of financially struggling government institutions. In a separate interaction, the Army Chief reiterated the armed forces’ dedication to supporting the nation’s economic stability. ... Read more

The post Special Investment Facilitation Council Reviews Progress and Strategies for Economic Stability in Pakistan appeared first on Pakistan Tribune.




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Professional Fellows Program for Young Economic Empowerment Leaders

Professional Fellows Program for Young Economic Empowerment Leaders

kroekers




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Township economy is evolving : taking ‘spaza’ out of spaza shops




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Lee shatters record with stunning 150




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The fight for local economic rights: Thabo Maphike’s death highlights growing violence against entrepreneurs




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Stubbs has the skills to become Proteas’ all-format go-to-man




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State might have to take stake in Flysafair to recover repatriated funds, warns aviation analyst




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GEPF portfolio grows to record R2.38 trillion in 2023/24 despite volatile economic conditions




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Reconciliado con Dios A

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.




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Reconciliado con Dios B

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.




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Recordando todos Sus beneficios A

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.




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Recordando todos Sus beneficios B

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.




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Un recorrido en avión por el Apocalipsis A

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.




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Un recorrido en avión por el Apocalipsis B

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.




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Un recorrido en avión por el Apocalipsis

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.




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Reconciled to God




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Jordan's Energy Policy Key to Its Economy

With Syria in crisis and Egypt in flux, Jordan is being forced to adopt energy policies that put the country on a path to sustainable development.




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Will Ukraine Commit Economic Suicide?

Ukraine's crippling 55 percent tax on private gas producers threatens to damage the economy, scare off investors and decimate gas production.




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Conflict, violence push global internal displacement to record high levels

GENEVA — Conflicts and violence have pushed the number of internally displaced people around the world to a record-breaking high of 75.9 million, with nearly half living in sub-Saharan Africa, according to a new report by the Internal Displacement Monitoring Center. The report finds conflicts in Sudan, the Democratic Republic of Congo and Palestinian territories accounted for nearly two-thirds of new displacements due to violence, which in total spanned 66 countries in 2023. “Over the past two years, we have seen alarming new levels of people having to flee their homes due to conflict and violence, even in regions where the trend had been improving,” Alexandra Bilak, IDMC director said. In a statement to coincide with the publication of the report Tuesday, she said that the millions of people forced to flee in 2023 were just “the tip of the iceberg.” “Conflict, and the devastation it leaves behind, is keeping millions from rebuilding their lives, often for years on end,” she said. WATCH: Wars in Sudan, Gaza, DRC drive internally displaced to record 76 million The report notes the number of internal displacements, that is the number of times people have been forced to move throughout the year to escape conflict within their country, has increased in the last couple of years. “While we hear a lot about refugees or asylum-seekers who cross the border, the majority of the displaced people actually stay within their country and they are internally displaced,” Christelle Cazabat, head of programs at IDMC, told journalists in Geneva Monday, in advance of the launch of the report. In its 2023 report on forcibly displaced populations, the U.N. refugee agency, UNHCR, reported that 62.5 million people had been internally displaced people at the end of 2022 compared to 36.4 million refugees who had fled conflict, violence and persecution that same year. According to the IDMC, new internal displacements last year were mostly due to the conflict in Ukraine, which started in 2022, as well as to the ongoing conflict in the Democratic Republic of the Congo and the eruption of war in mid-April 2023 in Sudan. The war in Sudan resulted in 6 million internal displacements last year, which was “more than its previous 14 years combined” and the second most ever recorded in one country during a single year after Ukraine’s 16.9 million in 2022, according to the report. “As you know, it is more than a year that this new wave of conflict erupted (in Sudan) and as of the end of last year, the figure was 9.1 million” displaced in total by the conflict, said Vicente Anzellini, IDMCs global and regional analysis manager and lead author of the report. “This figure is the highest that we have ever reported for any country, this 9.1 million internally displaced people.” In the Gaza Strip, IDMC calculated 3.4 million displacements in the last three months of 2023, many of whom had been displaced multiple times during this period. It says this number represented 17% of total conflict displacements worldwide during the year, noting that a total of 1.7 million Palestinians were internally displaced in Gaza by the end of the year. The last quarter of 2023 is the period following the Hamas terrorists’ brutal attack on Israel on Oct. 7, eliciting a military response from Israel on the Palestinian enclave. “There are many other crises that are actually displacing even more people, but we hear a little bit less of them,” said Cazabat, noting that little is heard about the “acute humanitarian crisis in Sudan” though it has the highest number of people “living in internal displacement because of the conflict at the end of last year.” In the past five years, the report finds the number of people living in internal displacement because of conflict and violence has increased by 22.6 million. Sudan topped last year’s list of 66 countries with 9.1 million people displaced internally because of conflict, followed by Syria with more than 7 million, the DRC, Colombia and Yemen. Besides the total of 68.3 million people who were displaced globally by conflict and violence in 2023, the report says 7.7 million were displaced by natural disasters, including floods, storms, earthquakes and wildfires. As in previous years, the report notes that floods and storms caused the most disaster displacement, including in southeastern Africa, where cyclone Freddy triggered 1.4 million movements across six countries and territories. The earthquakes that struck Turkey and Syria triggered 4.7 million displacements, one of the largest disaster displacement events since records began in 2008. Anzellini observed many countries that have experienced conflict displacement also have experienced disaster displacement. “In many situations, they are overlapping. This is the case in Sudan, in South Sudan, but also in Somalia, in the DRC, and other places,” he said. “So, you can imagine fleeing from violence to save your life and then having to escape to higher ground with whatever you can carry as the storm or a flood threatens to wash away your temporary shelter.” He said that no country is immune to disaster displacement. “Last year, we recorded disaster displacements in 148 countries and territories, and these include high-income countries such as Canada and New Zealand, which recorded their highest figures ever. “Climate change is making extreme weather events more frequent and more intense and that can lead to more displacement, but it does not have to,” he said, noting that climate change is one of many factors that contribute to displacement. “There are other economic, social and political factors that governments can address to actually minimize the impacts of displacement even in the face of climate change,” he said, including early warning systems and the evacuation of populations before a natural disaster is forecast to strike.




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Global index for free and fair elections suffers biggest decline on record in 2023, democracy watchdog says

STOCKHOLM — Lower voter turnout and increasingly contested results globally are threatening the credibility of elections, an intergovernmental watchdog warned on Tuesday, as its sub-index for free and fair elections suffered its biggest decline on record in 2023. In its report, the Stockholm-based International Institute for Democracy and Electoral Assistance (IDEA) said 2023 was the eighth consecutive year with a net decline in overall democratic performance, the longest consecutive fall since records began in 1975. The watchdog bases its Global State of Democracy indexes on more than 100 variables and is using four main categories - representation, rights, rule of law and participation - to categorize performance. The category of democracy related to free and fair elections and parliamentary oversight, a sub-category of representation, suffered its worst year on record in 2023. "This report is a call for action to protect democratic elections," IDEA's Secretary-General Kevin Casas-Zamora said in the report. "The success of democracy depends on many things, but it becomes utterly impossible if elections fail." The think-tank said government intimidation and electoral process irregularities, such as fraudulent voter registration and vote-counting, were increasing. It also said that threats of foreign interference, disinformation and the use of artificial intelligence in campaigns added to challenges. It also said that global voter participation had fallen to 55.5% of eligible voters in 2023 from 65.2% in 2008. Globally, in almost 20% of elections between 2020 and 2024, one of the losing candidates or parties rejected the results. IDEA said that the democratic performance in the U.S., which holds a presidential election this year, had recovered somewhat in the past two years, but the assassination attempt on former President Donald Trump in July highlighted continued risks. "Less than half (47%) of the Americans said the 2020 election was 'free and fair' and the country remains deeply polarized," IDEA said.




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ISIS Brutality Becomes a TV Series

During the 30-days of Ramadan, and while Muslims in the Arab world have been fasting since May 26, millions have tuned into Saudi Arabia's MBC to watch the first ever series about ISIS.




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Global CO2 emissions to hit record high in 2024, report says


The bulk of these emissions are from burning coal, oil and gas. Those emissions would total 37.4 billion tons in 2024, up by 0.8% in 2023, the report said.