Stories from Quick Reads and Economics & Business
On a review of what is going on with Colombian economy, Daniel Bustos writes on his blog Trayectoria Económica an analysis of what he calls ‘skinny cows’ or lean times.
Although the economy is still standing thanks to public and private investment and the construction industry, the oil barrel price is lower and tax evasion hasn't stopped. Enough problems, as to wonder: ¿Is the government aware of this situation? Bustos answers:
Parece ser que no, o por lo menos quieren disimular la cuestión a cualquier precio, [...] ¿Que pasa en la economía colombiana si el precio del petróleo sigue cayendo? El país depende demasiado del petróleo, eso se puede observar claramente en las proyecciones de ingresos para los próximos años donde se situaba el precio del petróleo cercano a los 100 dólares para lo cual, con base en esto se realizaron las proyecciones de presupuesto para el mediano plazo pero con las recientes fluctuaciones del precio del crudo dichas proyecciones deben ser re-diseñadas, y los ingresos faltantes deben ser buscados de alguna parte; aunque por otro lado si el precio del dólar sigue subiendo como lo esta haciendo en este momento, sería interesante saber si este aumento de alguna forma ha amortiguado este déficit o incluso los lograra cubrir, desafortunadamente esto solo lo dirán los mercados.
Apparently, it isn't so, or at least they want to hide the issue, whatever the cost [...]. What will happen with Colombian economy if oil prices keep going down? The country relies too much on oil, as we can clearly observe on the income projections for coming years, where the oil price was close to 100 dollars, and over that base, budget mid-term projections were made, but with recent fluctuations in the crude oil, those projections should be redesigned and the income shortage should come from somewhere else. Although on the other hand, if the dollar keeps increasing as it's doing, it'd be interesting to know if this increase has somehow softened the deficit or will even cover it. Unfortunately, only market will tell.
EarthRights International has uploaded a video about the threat posed by a mega dam construction in Laos to communities situated along the Mekong River in Cambodia. Laos and Cambodia are neighbors in the Southeast Asian region.
Indian photoblogger Anirban Saha points to a growing problem in India — plagiarism of intellectual property online. A number of his photos were used in a poster for a theatre festival, on a cover of a book, in an advertisement by the state government, in political banners, in magazines in Sri Lanka and Bangladesh, and a school publication without his consent.
He writes that Indian copyright laws protect intellectual property, but there is not much awareness:
We can spread the awareness of intellectual property rights, share contact details of lawyers who have already fought similar cases. We should be more aware of safeguarding our creations and spreading the awareness to create a better world. Read about Indian Copyright Act 1957. More than the artists who still now are a minority, it is you readers who can make a difference. You need to be aware and spread the awareness.
Anirban Saha also publishes a number of graphics to make the Indian copyright laws easier to understand.
During the Eid holidays, Carnival Park at Jamuna Future park welcomed a large number of visitors. On October 7, 2014, one of its attractions, the 360-degree shuffle ride, stopped in the middle of a ride. Everyone on-board was stuck in their seats for about an hour. The ride had no emergency backup system, preventing a normal shutdown, delaying the release of its riders. Rescue workers had to free every individual manually, in a rather painstaking process.
Facebook user Sultanul Nahian Hasnat was present at the mishap and later uploaded to Facebook two videos (click her to watch the 1st and the 2nd), which went viral. These are now available on YouTube, also.
There was no mention of this incident in the local mainstream news.
Talking Heads is a project of the Africa Centre, a non-profit cultural organisation based in Cape Town, South Africa. Talking Heads produces audio casts and short films, which are freely available on YouTube and iTunes:
The Africa Centre has designed an approach that identifies, showcases and creates opportunities for African “Thought Leaders”. Talking Heads profiles some of the extraordinary Africans making a meaningful and affirmative contribution to their communities, cities, countries, to the Continent and the world. Our approach provides a model that can be easily replicated anywhere in Africa and, with scale, may offer an alternative narrative of who and what we know about our Continent.
The Centre for Policy Alternatives (CPA), a civil society think tank in Sri Lanka, has recently conducted a top line survey on “Democracy in post-war Sri Lanka 2014“. The results show that difference of opinion on the reconciliation still exists between the Tamil and the Sinhalese people after the Sri Lankan civil war.
The findings from the survey with regard to the Tamil community is very significant. Their key issues are poverty and unemployment and they feel deprived having very little say about the affairs of the country. Here is an infographic depicting their plights:
If we look back the history of Bangladesh, we see examples of ancient kings and land lords who sponsored cultural activities, making literature, music and art flourish in the region. In the present era, we see affluent corporations, mostly telecom companies in Bangladesh, taking their place.
They have been going the extra mile to sponsor a wide variety of cultural pursuits, including a rural festival celebrating Fakir Lalon Shah (c. 1774–1890), a popular Bengali baul saint, mystic, songwriter, social reformer and thinker, but not always with positive reception.
Zahid Islam at the blog Alal O Dulal explains how corporations are selling the Lalon culture:
In 2007 for the first time in history, Lalon Phokir’s Dol Uthshob (Lalon's Dol Festival) was held under sponsorship, with promotion campaigns so aggressive and ill designed it disgusts me to even remember it. Since then Grameenphone and Banglalink (telecom brands) took turns in sponsoring the festivals.
He also mentions that Lalon festival is getting a modern shape under corporate banner:
The first time around, those of us who had been visiting Cheuria for many years, were shocked to find the sponsorship junks.
And the need to protect their sanctity:
There are many people and organisations, home and abroad, that feel we need to “protect” the baul way of life. I do not necessarily agree with this notion. Rather I feel our intervention is what creates most of the “problems.”
This five-minute video created by ESADE business school shows where Chinese capital is invested in Europe and examines the various motivations Chinese companies have for investing overseas (via the China Observer).
Erik Hersmann shares his experience with a new Android app that is set to revolutionise motorcycle courier services in Kenya:
This year at Pivot East I had my first look at Sendy, which does for motorcycle courier deliveries and customers in Nairobi, what Uber did for taxis and passengers in San Francisco. At its heart, Sendy is about bringing the vast and growing motorcycle courier and delivery network in Africa into the digital and networked world.
This is a big deal, because those of us who live in large African cities know just how inefficient driving a car around the traffic-plagued metropolises can be. With the bad roads, traffic and high cost of fuel, motorcycle deliveries are a natural path.
Indeed, in almost every city, from primary to tertiary throughout the continent, you’ll find thousands of motorcycle guys sitting by the side of the road, ready to courier a package or serve as a taxi.
Kevin Slaten from China Labour Watch wrote on China File on the situation of labour exploitation in China — the fact that industrial safety and workers’ lives were taken for granted for economic growth, which is reflected in a notorious local Kunshan government's appeal to foreign investors: “The Kunshan people welcome your investment. The more you exploit us, the happier we get.”