Sunday, April 6

Globalization, Global Disintegration

Disney Faces Shareholder Proxy Vote On China
23Feb By Patti MohrNo Comments
Finance, Investing, Globalization, Global Disintegration, Types of News: Analysis

Disney Faces Shareholder Proxy Vote On China

Disney in Shanghai UPDATE: The shareholder proposals went down at the April 3, 2023 annual meeting. Feb. 23, 2023—Coming soon on a proxy vote near you: Disney shareholders will have a say in whether the company should disclose details about its operations in China. The Walt Disney company, DIS, faces several shareholder proxy votes when it holds its annual meeting on April 3. They include votes about its charitable contributions, its political contributions, and its business in China. The National Legal and Policy Center, NLPC, a Disney shareholder, is proposing the latter. Specifically, the public-interest nonprofit group is asking Disney to do the following: "Report annually to shareholders on the nature and extent to which corporate operations depend on, and are vulnerable ...
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Biden Wades Into Immigration Debate On Visit To Border
9Jan By Patti MohrNo Comments
Migration, Immigration, Borders, Types of News: Analysis

Biden Wades Into Immigration Debate On Visit To Border

El Paso prepared for the president's Jan. 8 visit. January 9, 2023—The immigration issue is about the largest hot-button political issue in U.S. politics today. It is one of the most emotionally charged issues generating the highest level of noise and legitimate criticism. Moreover, it's about as difficult to enter the political discourse as any. The battle is fierce, and it's nearly impossible to find a consensus. It involves the question of care for humanity as well as the legitimate right of a nation-state to define its borders. Any pragmatic solution is likely to be attacked from multiple sides. Also, it's hard to find common ground for even a debate. But there are some things people can't argue about. Migrants On The Streets Here's a basic fact of the immigration proble...
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After Two Years In Office, Biden Acts On Border Crisis
5Jan By Patti MohrNo Comments
Migration, Immigration, Borders, Types of News: Brief

After Two Years In Office, Biden Acts On Border Crisis

President Biden announced he is taking a number of administrative steps today on the border crisis. Jan. 5, 2023 Biden Announces New App For Asylum Seekers, Cracks Down On Smugglers January 5, 2023—With the number of migrants continuing to swell at the U.S. border and the U.S. Supreme Court saying illegal immigration itself is a crisis, President Joe Biden is taking notice and acting—as some would say, “finally.” The White House announced today it is taking a series of new steps to curb illegal immigration to the United States while opening lawful means to seek refuge in the country. Biden and his administration face immense pressure to address the border crisis. Since he took office in January 2021, the number of migrants crossing into the United States illegally hit record nu...
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What Happens When China Buys Up Europe’s Ports?
2Nov By Patti MohrNo Comments
Europe, EU, Eurozone, Geopolitics, Global Trade, Globalization, Global Disintegration, Types of News: Analysis

What Happens When China Buys Up Europe’s Ports?

China's Xi Jinping has a stake in developing relations with Greece and other countries in Central and Eastern Europe. Photo: Li Xueren/Xinhua China's State-Owned Cosco To Buy Stake In Another European Port November 2, 2022—Greece may be a pioneer and champion of democracy, but in the business of trade it owes a great deal to communist China. In fact, its largest port, Piraeus, is owned by a Chinese state-owned shipping company called Cosco Shipping. That's the subject of a fine piece of reporting by Kaki Bali for Germany's DW, called "In Greece's Largest Port of Piraeus, China Is The Boss." Bali looks at the implications on trade and geopolitics as China's Cosco buys up ports in Greece, Italy, Spain, The Netherlands and Brussels. Noting the modernization of the port and jobs, ...
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Migrant Workers At U.S. Military Bases Face Forced To Stay By Private Contractors
31Oct By Patti MohrNo Comments
Arms Sales, Military Industry, Human rights, Migration, Immigration, Borders, Types of News: Brief

Migrant Workers At U.S. Military Bases Face Forced To Stay By Private Contractors

Photo NBC Complaints Of Forced Labor Linger While Private Firms Continue To Win U.S. Contracts October 31, 2022—In an irony of ironies, the U.S. government opposes to human trafficking and forced labor at the same time that its Defense Department hires private contractors that routinely conducting those practices.  Migrant civilians working on U.S. military bases in the Persian Gulf are subject to trafficking and abusive labor practices, according to a groundbreaking investigation conducted by a team of international journalists. The team included investigative reporters from the Washington Post, NBC News, the International Consortium of Investigative Journalists, and Arab Reporters for Investigative Journalists to uncover the story. Their findings came to light late last...
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‘We Are At An Inflection Point’ And Technology Is Key
19Oct By Patti MohrNo Comments
Globalization, Global Disintegration, Types of News: Quotes

‘We Are At An Inflection Point’ And Technology Is Key

Secretary of State Antony Blinken met with former Secretary of State Condoleeza Rice while visiting Stanford University and the Silicon Valley on Monday. (Oct. 17, 2022) The Return of Great Power Rivalry In A Post Global World October 19, 2022—U.S. Secretary of State Antony Blinken visited Stanford University and technology firms in the Silicon Valley this week. He said research and development of technology are essential for U.S. interests. "We are at an inflection point. The post-Cold War world has come to an end, and there is an intense competition underway to shape what comes next. And at the heart of that competition is technology."-Secretary of State Antony Blinken visited Stanford University on October 17, 2022 Global Competition 'Back With A Force' Former Secretary o...
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A ‘Bomb Beneath The Multilateral System’
13Oct By Patti MohrNo Comments
Geopolitics, Globalization, Global Disintegration, Types of News: Quotes

A ‘Bomb Beneath The Multilateral System’

October 13, 2022—European Council President Charles Michel described a geopolitical shift due to the Russia-Ukraine war in an address to the Council. European Council President Charles Michel on a geopolitical transition. "And this war is also, in a way, a bomb that has been placed beneath the multilateral system. As well we know – more or less intuitively, more or less rationally – without a doubt, we are at this very moment being thrown into a sort of geopolitical transition towards a new chapter, a different chapter in the history of international relations."-European Council President Charles Michel, October 10, 2022 speech
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The End Of A Laissez-Faire Economy?
10Oct By Patti MohrNo Comments
Globalization, Global Disintegration, Types of News: Analysis, United States

The End Of A Laissez-Faire Economy?

Photo by Yibei Geng October 10, 2022—Free-market economies where business drives decisions based on supply and demand is still a concept. But many analysts are now asking how diligently is that concept being followed in practice? 'New Rules' for Business? Writing for the Financial Times, columnist Rana Foroohar says business leaders now have new rules to follow to succeed. For one, they need to cozy up to political bigwigs in Washington, D.C. It is not just that President Joe Biden and the Democratic-led Congress are enacting industrial policies, it is also a time of where the global economy is getting more competitive. Supply chains are regrouping and former trading partners are breaking up, or "decoupling." Ms. Foroohar says the U.S. government is not "yet in the business ...
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Regionalization Is Replacing Globalization, Kazakh President Says
17Jun By Patti MohrNo Comments
Globalization, Global Disintegration, Types of News: Brief

Regionalization Is Replacing Globalization, Kazakh President Says

Kazakhstan Aims To Strengthen Economic Ties With Eurasian Economic Union, China And India June 17, 2022—As global trade breaks apart into regional blocks, Kazakh President Kassym-Jomart Tokayev says Kazakhstan aims to strengthen trade and economic ties with the Eurasian Economic Union. "The key partner for Kazakhstan has always been Russia," Tokayev said, adding that he intends to "fully respect commitments to traditional partners." The union is led by Russia and includes Armenia, Belarus, Kazakhstan and Kyrgyzstan. Furthermore, Tokayev said he sees the union of post-Soviet states building stronger ties with China, India and the Middle East. "Kazakhstan firmly believes that Eurasia is our common house, and the states of our continent must closely cooperate together," Tokaye...
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China’s Xi Pushes Globalization At Russia’s ‘Davos’
17Jun By Patti MohrNo Comments
Globalization, Global Disintegration, Types of News: Brief

China’s Xi Pushes Globalization At Russia’s ‘Davos’

June 17, 2022—China's President Xi Jinping emphasized the importance of globalization and an open world economy as he addressed Russia's St. Petersburg International Economic Forum. Addressing the forum virtually, Xi warned that economic globalization is facing headwinds, according to the Chinese Foreign Ministry. "We need to advance economic globalization," Xi said. He called on attendees to reject "attempts at decoupling, supply disruption, unilateral sanctions and maximum pressure." According to a Russian-owned media outlet the RT, Xi said trade between China and Russia is growing. Western Sanctions Impact Furthermore, China's state-run media outlet CGTN reported that Western sanctions against Russia dominated discussions at this year's forum. Xi said China is ready to wor...
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