No US Credibiilty at WTO; Africa's Population Doom; China's Political Elite Take Money and Run - Abroad
Destruction Of US Credibility At WTO. At issue are US and European Union (EU) proposals to scrap the texts agreed to thus far in this interminable round of trade negotiations. Yet again, the developed world led by the US and the EU are pitched against developing countries led by India, China and Indonesia. The irony that a country such as India, which witnessed more than a quarter of a million farm suicides between 1996 and 2014, has to fight to retain its farm subsidies, which are a fraction of what the US and the EU provide their farmers.
How will a population boom change Africa? By the end of the century, almost 40 percent of the world’s population will live in Africa. That raises questions about how countries – some of which are already facing big challenges – will cope with twice the number of inhabitants in just one generation.[unfortunately, famine, drought, war, migration will lower those numbers]
China’s Political Elite Take the Money and Run – Abroad. The Chinese government is keen to speak with one of its citizens, the brother of a former government official, who’s hiding somewhere in the United States under an assumed name. The case helps highlight what’s driving the stealthy exodus of China’s power elite.
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