Showing posts with label career change canada. Show all posts
Showing posts with label career change canada. Show all posts

Wednesday, January 14, 2015

One County Provides Preview Of China's Looming Aging Crisis

A decade from now, about 2025, experts predict that China's population will peak — reaching as high as 1.4 billion — and begin to steadily decline. Some of them are predicting that a shrinking, aging population could lead to a national crisis.

One way to peer into the future is to visit a county in eastern China that pioneered population controls a decade before the rest of the country — and is now feeling their impact.

Rudong County is in Jiangsu province, on China's east coast just north of where the Yangtze River empties into the East China Sea.

Both the province and the county are known throughout China for their good schools and bright students.
But school principal Miao Boquan says there aren't many of them left.

"There used to be 14 schools in this township, one in every village," Miao says. "Now we are the only remaining elementary school. All the others have been merged."

There are 460 students at Miao's school in the town of Yangkou, about half the number a decade ago. The school appears modern and well-equipped. But some of the students face difficulties at home.

Many of the students' parents have gone to work in the cities. As rural migrants, they're not entitled to education or any welfare benefits there.

So they leave their children in the countryside in the care of their grandparents.

Miao says this causes developmental problems for some kids.

"The grandparents' love is a doting love," he says. "They don't know how to love them. They don't know what to give them or talk to them about."

Meanwhile, in a nearby town in Rudong County, senior citizens sit down to dinner at their government-funded retirement home.

They're bundled up against the cold, as there's no heat in winter here. Most of them have no income or children to support them.

In recent years, this town went from having one such facility to having five. That doesn't include private retirement homes, where children pay to have their parents looked after.

He Jingming, 58, lives at the government-funded facility. He contracted polio as a child. He never married. Before retiring, he collected scrap for recycling. He says he's grateful to be here.

"We have it easy here," He says, smiling. "We get to eat without having to do any work. The state looks after us and is good to us. Our director here speaks humbly to us, and would never curse at us."

He glances at the director, Chen Jieru, who used to work as the Communist Party secretary of a nearby village.

Beginning in the 1960s, Rudong County launched a family planning pilot program, a decade before China's one-child policy began in 1979. Beijing held up the county as a successful model to be emulated nationwide.
Chen remembers that he spent a lot of time implementing the program, which meant being on the lookout for pregnant women.

"Having a second child wasn't allowed, so we had to work on them and persuade them to have an abortion," he recalls. "At the time, we village cadres' work revolved around women's big bellies."

By one estimate, 15 years from now, 60 percent of Rudong County residents will be 60 years old or older. There are a growing number of centenarians.

But Chen Youhua, a Nanjing University demographer who grew up in Rudong County, says that the family planning policy is not the only reason the county is aging so quickly.

"Another reason is that our young people go elsewhere to seek their education, and few of them return," he says. "The third is that with improvements in health, people are living longer."

In other words, Rudong County's population would have shrunk anyway without the one-child policy. The policy just speeds it up a bit.

Experts argue that the same goes for China. Rising levels of income and education would have had the same effect as population controls. It might have taken a few more years, but it would have also avoided coerced abortions, a gender imbalance (roughly 118 men for every 100 women) and a generation of kids without siblings.

In 2013 China loosened the one-child policy to allow some families  those in which one parent is an only child — to have two children. But despite family planning officials' warnings that lifting the controls could trigger a baby boom, only a small fraction of those families eligible have applied to have a second child. In Beijing, for instance, less than 7 percent of eligible couples have applied.

Some Rudong County locals are aware of the irony that after pioneering population controls, they're now the first to suffer the problems of an aging society. But Chen Youhua, the sociologist, says not everybody makes the mental connection between past and present.

Besides, the real difficulties may be yet to come.

Chen calculates that in a 150-year period from 1950 to 2100, China's population will have gone from about 500 million to a peak of 1.4 billion and then decline more or less to where it started. His graph looks like a symmetrical mountain.

Chen and other experts say that if China is to avoid a national crisis — including soaring health care and pension costs, and collapsing real estate markets — it needs to scrap the one-child policy immediately, and get Chinese citizens to make more babies.

But Chen admits that this could be difficult.

"Only yesterday, China was emphasizing the advantages of the one-child policy," he points out. "To encourage people the next day to have children is a 180-degree reversal."

For decades, he adds, Chinese have been taught that all of their problems from poverty to chaos boil down to having too many people. He says that idea is deeply ingrained and difficult to change.

FBI arrests Ohio man for plotting attack on US Capitol

WASHINGTON — Federal prosecutors say an Ohio man has been arrested in a plot to attack the U.S. Capitol and kill government officials inside the building.

A criminal complaint charges 20-year-old Christopher Lee Cornell, of Green Township, with attempting to kill officers and employees of the United States.

Cornell, also known as Raheel Mahrus Ubaydah, was arrested Wednesday as he took control of a firearm during an undercover FBI operation.

It wasn’t immediately clear if he had a lawyer. The FBI says the public was never in danger and he never made it to Washington.

The complaint alleges that an FBI informant began supplying agents with information about Cornell last year.
Prosecutors say he professed allegiance online to the Islamic State and spoke of plans to commit acts of jihad.

Yemen's al Qaeda claims Paris attack responsibility, vows more violence

Yemen's al Qaeda branch on Wednesday confirmed it carried out last week's deadly assault on a French satirical newspaper to avenge cartoons depicting the Prophet Mohammad, as it called for unity among jihadi ranks and vowed more attacks on the West. 

In an 11-minute video posted on the group's Twitter account, Nasr al-Ansi, a top commander of al Qaeda in the Arabian Peninsula, said the attack on the office of the Charlie Hebdo weekly - in which two gunmen massacred 12 people - was in "revenge for the prophet." 

He warned of more "tragedies and terror" in the future, saying "you will look for peace and stability but you will not find it because of the deeds of those carrying out martyrdom operations and heroes of lone jihad." 

Al-Ansi said AQAP "chose the target, laid out the plan and financed the operation." He said the radical Yemeni-American cleric Anwar al-Awlaki, who was killed in a US drone strike in Yemen in September 2011, had arranged the attack. 

If confirmed, that would mean the Paris attack was years in the making. But Al-Ansi produced no evidence to support his claims, leaving lingering questions over the exact relationship between the attackers and the militant group's leadership in Yemen. 

US intelligence officials say they have no evidence AQAP coordinated the attack or knew about it in advance. The officials spoke on condition of anonymity because they weren't authorised to discuss classified matters publicly. 

An AQAP member told The Associated Press on Friday that the group was responsible, but the video contained the first official claim. 

The statement emerged as Charlie Hebdo defiantly released a new issue with a caricature of the prophet on the cover, with copies selling out before dawn across Paris. 

The assault on the magazine was the first successful operation by AQAP outside of Yemen, and came after a number of failed attacks on the US, which views the Yemeni affiliate as al Qaeda's most dangerous franchise. 

Al-Ansi said orders came from al Qaeda's top leader Ayman al-Zawahri, Osama bin Laden's successor. The attack on the weekly was the beginning of three days of terror in France that saw 17 people killed before three Islamic extremists were gunned down by security forces. 

Brothers Said and Cherif Kouachi, who carried out the attack on the paper, were "heroes," al-Ansi said.
"Congratulations to you, the nation of Islam, for this revenge that has soothed our pain," he said. 

He made no claim to a subsequent attack on a kosher grocery store by a friend of the Kouachis, Amedy Coulibaly, who killed a French policewoman on Thursday and four hostages on Friday. 

Coulibaly appeared in a video message two days after his death pledging allegiance to the Islamic State group, a fierce rival to al Qaeda, and saying he had worked with the Kouachis. 

The Coulibaly video raised questions over possible cooperation between the rival groups, which are competing for resources, recruits and leadership of the worldwide jihadi movement, and which in Syria are battling over turf. 

Al-Ansi called the timing of the two attacks a "coincidence." But he also praised Coulibaly and appealed for unity among jihadi ranks, saying the attack marked a "new turning point in the history of confrontation" with the West. 

"Al Qaeda seeks to unify the jihad and will work with other groups," said Katherine Zimmerman, a research fellow at the American Enterprise Institute. "Coulibaly's support for ISIS did not appear to affect AQAP's calculations in praising his role." 

However, she added that AQAP's rejection of the Islamic State's self-styled caliphate would likely preclude cooperation at higher levels. 

By taking responsibility for the deadliest attack in France in more than half a century, al-Qaeda's Yemeni branch is positioning itself as the group's most influential offshoot. 

In Yemen, the group is battling against the government as well as Shiite rebels, known as Houthis, who have seized the capital and other parts of the country as part of a prolonged power struggle with the US-backed president. As the Houthis have moved into predominantly Sunni areas they have driven many into the arms of the jihadis. 

The group has also benefited from a popular backlash against years of US drone strikes, which have targeted AQAP leaders and safe houses but also killed civilians. 

In Wednesday's video, al-Ansi accused France of belonging to the "party of Satan," saying it "shared all of America's crimes." 

Formed in 2009 as a merger between the terror group's Yemeni and Saudi branches, AQAP has been blamed for a string of unsuccessful bomb plots against American targets. 

These include a foiled plan to down a Detroit-bound airliner in 2009 using a new type of explosive hidden in the bomber's underwear, and another attempt a year later to send bombs hidden in toner cartridges aboard cargo planes bound to the US from the Gulf. 

At least one of the two brothers involved in the Paris attack traveled to Yemen in 2011 and either received training from or fought alongside the group, authorities say. A US intelligence assessment described to the AP said 34-year-old Said Kouachi was trained in preparation to return home and carry out an attack. 

Al Qaeda has in the past threatened the Charlie Hebdo staff and other cartoonists who depict Islam's prophet, which is considered sacrilege by most Muslims. Editor Stephane Charbonnier, one of those killed last Wednesday, was on a hit list published in a 2013 edition of Inspire, AQAP's English-language publication. 

Al-Ansi mocked Sunday's anti-terror march in Paris, attended by one million people and more than 40 world leaders, indicating the video was made in the last two days. 

"Look carefully at their gathering. They are the same who fought us in Afghanistan, Caucasus, Gaza, the Levant, Iraq, Somalia and Yemen," al-Ansi said. 

The video played footage from the march alongside images of the Sept. 11 attacks. It also featured footage of 2012 demonstrations against a short online film that mocked the prophet, sparking worldwide protests. 

Those protests were linked to the September 11, 2012 attack on the US mission in Benghazi, Libya, in which U.S. Ambassador Chris Stevens and three other Americans were killed.

RBI surprises with repo rate cut, markets cheer move

The Reserve Bank of India (RBI) on Thursday cut its key lending rate from 8% to 7.75%, in a move that is expected to boost business confidence and add momentum to economic growth.

The first cut in repo rate -- the rate at which it lends to commercial banks since March 2013 brought cheers to the market. In opening trade, the benchmark index of Bombay Stock Exchange  Sensex rose 600 points to inch closer to the 28,000-mark. The Nifty climbed 176.05 points to trade at 8,453.60.

However, experts said the RBI move might take three to six quarters to translate into fresh investments on the ground.

The Reserve Bank of India (RBI) on Thursday cut its key lending rate from 8% to 7.75%, in a move that is expected to boost business confidence and add momentum to economic growth.
RBI governor Raghuram Rajan has been under pressure to cut interest rates, which have been kept high to control inflation and are seen as discouraging demand for new investments. (AFP Photo)

The first cut in repo rate -- the rate at which it lends to commercial banks -- since March 2013 brought cheers to the market. In opening trade, the benchmark index of Bombay Stock Exchange -- Sensex -- rose 600 points to inch closer to the 28,000-mark. The Nifty climbed 176.05 points to trade at 8,453.60.

However, experts said the RBI move might take three to six quarters to translate into fresh investments on the ground. related story RBI cuts repo rate: Who said what

    Sensex zooms 600 pts, Nifty above 8,400 after RBI rate cut
    Rupee jumps 46 paise against dollar in early trade

The central bank's move, which came earlier than expected, was guided by a sharp fall in global crude prices and expectations that the government would be doing enough to keep the fiscal deficit in check.

Global crude prices have fallen by half in the past year and are now hovering around $50 per barrel, giving huge relief to economies such as India that import most of the oil they consume.

Petrol has turned cheaper by more than Rs. 10 a litre in seven price cuts since August and diesel prices have been cut by more than Rs. 6 a litre since October. Slumping crude oil prices and likely further cuts in petrol and diesel prices are expected to keep inflation rates low in the coming months.

The latest data on domestic inflation, which showed prices were rising at a pace deemed tolerable by the central bank, also contributed to the move.

The wholesale price-based inflation rate stood at 0.11% in December, the government said on Wednesday. Data released earlier in the week showed retail inflation rate stood at 5% in December, considered comforting for the central bank.

"Inflation outcomes have fallen significantly below the 8% targeted by January 2015. On current policy settings, inflation is likely to be below 6% by January 2016. These developments have provided headroom for a shift in the monetary policy stance,” the RBI said in a statement.

Indicating that rates could be cut further this year, it added, "Key to further easing are data that confirm continuing disinflationary pressures."

Commercial banks are expected to take a call soon on whether they will follow suit.

RBI governor Raghuram Rajan has been under pressure to cut interest rates, which have been kept high to control inflation and are seen as discouraging demand for new investments and, therefore, keeping the economy from growing faster.

Even in public interactions, the RBI had committed to initiate the process of monetary easing as soon as data indicated that medium term inflationary targets would be met.

In easing its policy on Thursday, the RBI moved cautiously.

It kept the cash reserve ratio unchanged at 4% and the reverse repo rate at 6.75%.

Reacting to the rate cut, Jayant Sinha, minister of state for finance, said, “The rate cut is a signal of the positive momentum being witnessed on the ground. We are now at a point where the economic indicators point at hope in the future. The rate cut is a lagging indicator of the turnaround in the economy. After trying to take a grip on key factors, we are now in a phase of accelerating our growth plans.”