Monday, January 5, 2015
Thousands in NYC see off slain police officer
China offers loans to Latin America, Caribbean
The remarks by Zhu Qingqiao, Director-General of the Department of Latin American and Caribbean Affairs under the Foreign Ministry, suggested CELAC members without diplomatic ties with China can also have access to the loans.
Around a dozen CELAC members, including Paraguay and Haiti, have no formal diplomatic relationships with Beijing.
China and the CELAC will map out an overall plan guiding China-CELAC cooperation, including in the financial sector, during the first China-CELAC ministerial forum, which is set to be held in Beijing on Thursday and Friday, Zhu said at a press conference in Beijing.
More than 40 ministerial-level delegates, including 20 foreign ministers from the CELAC countries, have confirmed their attendance at the meeting, Zhu said.
The forum was established in July, 2014 after a meeting between Xi and leaders from China, Latin America and the Caribbean in Brasilia. It was the first collective meeting of China's president and leaders of Latin American and Caribbean countries.
In Brasilia, Xi proposed the creation of a $20 billion fund to finance infrastructure projects in Latin American and the Caribbean, and offered to extend a credit line of up to $10 billion to nations of CELAC via the Bank of China.
Su Zhenxing, a senior research fellow on Latin American studies at the Chinese Academy of Social Sciences, said countries without diplomatic relationships with Beijing are not excluded as they have maintained trade links with China for a long period, albeit small in size, and China is fostering cooperation with the whole CELAC.
CELAC, established in December 2011, is the largest regional political cooperation in the Western Hemisphere and consist of 33 countries except the United States and Canada.
The forum in Beijing showed the group’s willingness to strengthen cooperation with China, especially in the economic sector, said Su.
The meeting is expected to formulate operational rules for the forum and provide guidance in cooperation areas, he added.
China is the second largest trading partner and third largest investment source for Latin America. Trade between Latin America, the Caribbean and China has seen a significant increase in recent years, reaching $261.6 billion in 2013.
Xi is scheduled to attend the forum’s opening ceremony on Thursday morning, along with Costa Rica President Luis Guillermo Solis, Ecuador President Rafael Correa Delgado, Bahamas Prime Minister Perry Christie and Venezuela President Nicolas Maduro Moros.
Source: http://www.chinadaily.com.cn/
Controversy erupts after college blames victims
Sunday, December 28, 2014
Ferguson: mass arrests at protest in California despite relative calm in Missouri
Saturday, December 20, 2014
Why Cuba move will help America
(CNN) -- In opposing President Barack Obama's opening to Cuba, Florida's Republican senator, Marco Rubio, explained, "This entire policy shift announced today is based on an illusion, on a lie, the lie and the illusion that more commerce and access to money and goods will translate to political freedom for the Cuban people." Rubio has correctly touched on the core issue. But theory, logic and history suggest that he's wrong in his conclusions.
I would recommend to Rubio one of the classics of conservative thought, Milton Friedman's "Capitalism and Freedom." He doesn't have to spend too much time on it. The first chapter outlines the "relation between economic freedom and political freedom."
The point Friedman makes in the book is one that America's founding fathers well understood. Drawing on the political philosopher John Locke, they believed that the freedom to buy, sell, own and trade were core elements of human freedom and individual autonomy. As they expand, liberty expands.
fareed zakaria in studio
fareed zakaria in studio
Behind the Cuba policy deal Obama discusses Cuba relations Many Cubans welcome closer ties with U.S.
This is not just theory, of course. Over the last two centuries, the countries that embraced "more commerce and access to money and goods" in Rubio's phrase -- Britain, America, then Western Europe and East Asia -- have moved toward greater prosperity, but also political freedom. If you exclude oil-rich countries, where money is not earned but dug from the ground, almost every country that has used free markets and free trade to grow is also a democracy.
Yes there are a few exceptions: Singapore and China (though the latter is still not quite a developed economy.) But on the whole, there has been a remarkably strong connection between economic freedom and political freedom.
In Latin America itself, the line has been clear. Augusto Pinochet's regime opened up its economy in the 1970s. Chile began to grow, but that growth then produced a stronger civil society that over time clamored for the end of the Pinochet dictatorship. (The same pattern could be seen in Taiwan, South Korea, Spain and Portugal.) In Latin America today, democracy and markets have acted to reinforce each other, transforming the continent, which 30 years ago was almost entirely ruled by dictatorships to one that is today almost entirely ruled by democracies.
Cuba is an outlier, one of the last regimes in Latin America that has embraced neither markets nor ballots. The Obama administration is acting on the theory that more commerce, capitalism, contact, travel and trade will empower the people of Cuba and thus give them a greater voice in their political future. And so the first point to make is that it will help Cubans economically -- it will raise their incomes, their standard of living, and boost access to technology. These are all good things in and of themselves.
But easing the embargo will also help Americans, who will benefit from being able to trade with a neighbor. This is the reason that conservatives have long understood that free trade is not a gift bestowed on someone. It helps both countries and in particular, helps the United States.
That's why the Wall Street Journal's editorial page -- bastion of conservative thought -- has been an advocate on lifting the trade embargo against Cuba, which is a far larger step than Obama's normalization.
So, did it support Obama's opening? Of course not. It turns out that he has done it in the wrong way. It is difficult not to think that the problem here is not the policy, but who the president is. Had George W. Bush announced this initiative, I have a feeling that the Wall Street Journal would be hailing it -- and Rubio would be quoting Milton Friedman to us all.
Source: http://edition.cnn.com
Friday, December 19, 2014
Pakistani military kills over 60 militants after school massacre
Meanwhile, a Pakistani prosecutor said the government will try to cancel the bail granted to the main suspect in the 2008 Mumbai terror attacks a decision that outraged neighbouring India and called into question Pakistan’s commitment to fighting militancy.
The violence at a school in Pakistan’s northwest earlier this week stunned the country and brought cries for retribution. In the wake of the mass killing the military has struck targets in the Khyber tribal region and approved the death penalty for six convicted terrorists.
PAKISTAN MOURNS AFTER SCHOOL MASSACRE
The military said its ground forces late on Thursday killed 10 militants while jets killed another 17, including an Uzbek commander. Another 32 alleged terrorists were killed by security forces in an ambush in Tirah valley in Khyber on Friday as they headed toward the Afghan border, the military said.