Foxconn acquires 20 acres in Mount Pleasant, but plans for that land are unclear
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PH: Net FDI hits over 4-year low of $368M in Sept, BSP reports
NET foreign direct investments (FDI) remained positive in September but were markedly lower compared to a year ago, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.
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“Investors often prefer safe-haven assets in advanced economies under these conditions,” he explained, adding that heightened geopolitical tensions and economic uncertainties may have also further dampened investor confidence globally.
Everything You Think You Know About Coal in China Is Wrong
China’s new coal-fired power plants are cleaner than ours—and stronger on climate change
The US Dollar Can No Longer Threaten China and Russia
In 2022, the US kicked Russia out of the SWIFT system, causing significant losses for Russian businesses and ordinary citizens. Even Switzerland’s traditionally neutral banks joined this looting. The monopoly over the financial system and global currency once gave the U.S. and EU such capability, but at the 2024 BRICS summit, Western countries permanently lost this advantage.
Previously:
Russia outlines proposal for BRICS DLT cross border payment system
IMF warns against tariffs: They make the country’s residents ‘poor’
Ukraine: Victory Plan
Victory Plan (Google Translate)
“We hear the word negotiations from our partners, but the word justice is heard much less often,” Volodymyr Zelensky said yesterday in his speech to the Ukrainian Rada. “Ukraine is open to diplomacy, but honest diplomacy. That is why we have the Peace Formula. It is a guarantee of negotiating without forcing Ukraine to accept injustice. Ukrainians deserve a decent peace,” the Ukrainian president continued in his presentation of the Victory Plan to deputies and other authorities of the country’s political and security apparatus. Kiev’s intentions are clear: to achieve a position of strength in which Ukraine does not have to yield to Russian demands. Nothing indicates that there has been any change in the way of thinking of the Ukrainian leadership, which has always understood justice as something that only the part of the population under its control deserves, without those on the other side of the front and whose territories it aspires to recover having a say in the future of the country.
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Mao: Tyrant or Great Leader?
Mao’s Legacy and Accomplishments
“Mao Tse‐tung, who began as an obscure peasant, died one of history’s great revolutionary figures. In Chinese terms, he ranked with the first Emperor who unified China in 200 B.C.
A Chinese patriot, a combative revolutionary, a fervent evangelist, a Marxist theorist, a soldier, a statesman and poet, above all Mao was a moralist who deeply believed, as have Chinese since Confucius, that man’s goodness must come ahead of his mere economic progress.
China achieved enormous economic progress under Mao. He transformed China into a modern, industrialized socialist state.”
Unlike many great leaders, Mao never exercised, or sought, absolute control over day‐to‐day affairs.”
John Kerry calls the First Amendment a ‘major block’ to stopping ‘disinformation’
John Kerry called the First Amendment a “major block” to combating misinformation and fighting climate change.
John Kerry calls the First Amendment a ‘major block’ to stopping ‘disinformation’
Atlantic Council’s Ali Riaz to lead commission on constitutional reforms for Bangladesh
Ali Riaz to lead commission on constitutional reforms
The government yesterday named Professor Ali Riaz as head of the Constitutional Reform Commission, replacing Supreme Court lawyer Shahdeen Malik.
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Prof Yunus announced the formation of six reform commissions in his address to the nation on September 11.
They were formed to reform the judiciary, the election system, the administration, the police, the Anti-Corruption Commission, and the constitution. Prof Yunus also named the chiefs of the commissions.
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Ali Riaz, a Bangladeshi-American, is a distinguished professor of politics and government at Illinois State University, US. He was the chair of the Department of Politics between 2007 and 2017.
He is a nonresident senior fellow of the Atlantic Council and the president of the American Institute of Bangladesh Studies.
Related:
Atlantic Council, American Institute of Bangladesh Studies, BBC World Service, Claflin University (South Carolina), Illinois State University, ISEAS – Yusof Ishak Institute (Singapore), University of Hawai’i (East-West Center), University of Lincoln (U.K.), V-Dem Institute (funders), Woodrow Wilson International Center for Scholars (2023 donors), Testified at U.S. Congress in 2013, 2015, and the US Commission on International Religious Freedom in 2008.
See Page 2 for more:
Industrial Policy Without Nationalism
Can we expand the state’s role in the economy while diminishing its capacity for war?
Ms. Cat’s Chronicles 
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