• China repositions government philosophy

    Before, China was allowing some individuals to 'get rich first' with big companies, but now is shifting to 'proserity for all.'

    It's expected the CCP will have more say in companies and companies will have to fall in line.

    Xi recently said people should shun 'unreasonable' or 'excessive' income, and that the rich should 'give back to society more.'

    This means lower education costs, caps on the commission ride share companies can take (done through transport ministry) to keep transportation costs lower, and higher wages for workers.

    China is also going to do a 'consumer data' data privacy internet bill.

     
  • China '3 mountains'

    Education, health care, and property. These are burdens for the common Chinese person.

    China has announced some new areas for new regulations: Education tech, internet, property, and food delivery. Those four.

    Also e-cigs, growth hormones, liquor and online insurance.

    It's the first time any of these sectors have been regulated in China.

    Next year is an election year, and commenters say China sees the big companies that are profiting in these sectors as being in the way of the government reaching its goal of common prosperity and elimination of social unrest.

     
  • Assange case: Bit of progress for US gov side

    Many are heartbroken.

    Last January a London court (Judge Baraitser) ruled he couldn't be extradited to the US over concerns of 'risk of suicide' (and some mental health concerns) while not opposing the US gov on the more central political issue.

    In the US's appeal, now Britain's High Court has granted permission to the US to expand their grounds for appealing the decision to not send Assange to the US.

    Next trail date is Oct 29.


    APnews: US granted more grounds to appeal on Assange extradition  
  • China economics, summer 2021

    We have got more info from the CCP on which sectors they really want to promote, as opposed to those whose recent growth has been seen to cause them problems (as usual for closed, authoritarian governments, this includes industries that control information).

    EV, clean energy, and industrial upgrading have policy tailwinds, according to JPM's Julia Wang.

     
  • Venezuela: opposing parties to meet

    ... Maduro and Guaido will meet in Mexico, they say, to try to resolve things.

    Guiado's power has waned over the past years, and his popularity has sunk, and international governments are starting to turn away from their recognition of him as leader. It didn't happen that they were able to get Maduro out of power. The US and some other countries want 'free and fair elections' in Venezuela, which would give a winner validity in international eyes.

    Maybe Guiado wants to meet just to ensure his party's survival, some have commented.

    All parties are unpopular with the people in Venezuela.

  • British Muslim politician's car

    ... reportedly firebombed (she was not in the car) amid a reported 'hate campaign' calling to stop 'an enclave of a new Muslim nation within our nation.' Arooj Shah (elected to lead the Oldham Council in May of this year after service as a councillor since 2012) had previously spoken about facing hate, abuse and racism throughout her political career.

    A 23-year-old man was arrested in connection.

     
  • Israeli PM Netanyahu voted out after 10 years

     

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