China posts a high savings rate, but the country needs pension reforms. Some workers do not receive benefits to which they are entitled. The median age is 37.3 and with a low fertility rate and improved health care, the population is aging. Caixin describes the pension system in crisis and need...
Visitors to Africa have long been intrigued by the continent's art, eager to introduce the work to global markets. Stone sculpture was revived in Zimbabwe, the former British colony known as Southern Rhodesia, in the 1960s after a British art adviser, Frank McEwen, became director of the...
BURLINGTON: Underneath a tent, not far from formal rose gardens and manicured boxwood of the Royal Botanical Gardens, two sculptors chisel away at blocks of stone. Sponsored by an international dealer, the artists travel six months of the year,...
Global media united in covering the successful rescue of 33 miners, trapped since early August. Chile’s president and major mining companies quickly took charge over a small, near-bankrupt mining company, transforming the rescue into an international competition of sorts. The media reports...
WASHINGTON: For 24 hours last week, the world was riveted on Chile. Major news channels – from BBC to CNN – suspended programming to follow the rescue of 33 miners trapped deep beneath the earth’s surface. Viewers around the world held a...
Far from being anathema to Islamic societies of the Middle East, globalization has strengthened Islamic fundamentalism in the region by facilitating extensive networks of formerly dissociated Muslims - so says Yale Islamic Studies professor Frank Griffel, in the second half of this series on...
Globalization has boosted the number of hajj pilgrims to Mecca from 79,000 in 1929 to 2 million by the 1980s.
Islamic fundamentalism is often understood as a straight return into a distant past. Its ideology of a revival of the Prophet Muhammad'...
In the “anything goes” world of Facebook, anyone can start a group or page immediately seeking fans and friends. Groups range from the strange, like “I hate Wednesdays,” to serious discussions and publicity. A page entitled “Everybody Draw Mohammad Day – May 20” prompted the Pakistan...
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Companies have pushed the pause button outsourcing – despite dire predictions of thousands of jobs moving from developed nations to developing ones. Part of the reason could be politicians taking a protectionist stance in campaigns and pledging to stop outsourcing. The index provided by sourcing...
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The last two terrorist attacks on Saudi Arabian soil left over two dozen people dead, including 25 foreigners. In both attacks, the corpse of a Westerner was dragged behind a car in apparent celebration. As gruesome as this sounds, writes Neil MacFarquhar, it is only a symptom of the times in...
Click here for the original article on The New York Times website.
A clash between China and Japan over the Senkaku/Diaoyu Islands would be devastating for the global economy. The islands, historically under contention by China, Japan and Taiwan, have been subject of series of dangerous, escalating exchanges – including activists attempting landings and warships...
WASHINGTON: Prime Minister Shinzō Abe’s February 22 meeting with President Barack Obama reportedly focused on issues related to North Korea, Japanese-Chinese relations and Japan’s joining the Trans-Pacific Partnership. The two leaders almost...
