WATCH: Padilla warns immunity decision contradicts fundamental democratic principles and basic accountabilityWASHINGTON, D.C. — Today, U.S. Senator Alex Padilla (D-Calif.), a member of the Senate Judiciary Committee (SJC), joined a hearing titled “‘When the President Does It, that Means It’s Not Illegal’: The Supreme Court’s Unprecedented Immunity Decision,” to question witnesses on the Supreme Court’s dangerous ruling in Trump v. United States that now grants former presidents — including Donald Trump — criminal immunity for a wide range of activities taken while in office.
Padilla sharply rebuked the decision, underscoring the Supreme Court’s upending of centuries of history and tradition that presidents can be held accountable for crimes committed while in office. He criticized the Court for inventing a new form of presidential criminal immunity and for declining to designate a single action that Donald Trump took in the lead-up to the January 6th riot at the Capitol as “unofficial.”
Padilla asked Professor Mary B. McCord, Executive Director of the Institute for Constitutional Advocacy and Protection at Georgetown University Law School, about dangerous potential scenarios that could exploit this immunity ruling, including a president ordering the Department of Justice to stop investigating their family for criminal conduct or directing the military to attack a political rival.
Key Excerpts:
PADILLA: Let’s be clear, the court’s decision to effectively let Trump off the hook has already caused devastating harm for our country, especially to voters and election workers. Trump has essentially been given a pass for weaponizing the Department of Justice to bully states into drumming up false election fraud charges for his attempts to pressure Vice President Pence into helping him steal the election and for inciting a violent mob to storm the Capitol on January 6.
[…]
PADILLA: I want to ask a few simple yes or no questions about hypothetical, but not farfetched scenarios. If a future President were to order the Department of Justice to cease investigating their spouse, their child, or themselves for alleged criminal conduct, would that be an official act?
PROFESSOR MCCORD: It would appear that under the court’s ruling, yes, that would be immune. Actually, even more than official act as core constitutional powers.
PADILLA: Because the president directs the executive branch. Scenario number two: if a future President were to direct the Armed Services to attack the home of a political rival, would that be an official act?
MCCORD: I think that is one of the questions the court leaves open for us, if…
PADILLA: The fact that it’s not a clear ‘no’ is the problem because the President is the Commander in Chief. Look, Mr. Chair, I can go on and on with example after example that should alarm us and the American people. But I will conclude by just acknowledging this: It’s particularly auspicious that this committee is meeting today to examine this wildly consequential and wildly unprecedented decision, 235 years to the day since the Supreme Court was established by an act of Congress. So in closing, I’ll just echo Justice Sotomayor’s powerful words. Every president in our history has governed with the understanding shared by the American people that they could be held accountable for crimes committed while in office. And with that no longer the case, I share her fear for our democracy, and I stand firmly with the spirit of her dissent.
Video footage of Senator Padilla’s full remarks is available here.
The Supreme Court issued a misguided 6-3 decision in July that “the nature of Presidential power entitles a former President to absolute immunity from criminal prosecution for actions within his conclusive and preclusive constitutional authority. And he is entitled to at least presumptive immunity from prosecution for all his official acts. There is no immunity for unofficial acts.”
The ramifications of the Supreme Court’s decision have already harmed voters and election workers. Texas Attorney General Ken Paxton’s election integrity unit recently led targeted raids of several Latino voting rights organizers, officials, and candidates on the basis of unfounded allegations of widespread voter fraud. In Florida, law enforcement has targeted individuals who signed a petition for a constitutional amendment to protect abortion rights. Across the country, there has been a surge in abusive public records requests aimed at election offices.
In the aftermath of the Supreme Court’s unprecedented decision, Senator Padilla criticized the ruling and traveled with President Biden to Austin, Texas as the President announced three proposed reforms to restore trust in, and accountability for, our judiciary, including a constitutional amendment making clear that no President is above the law or immune from criminal prosecution. Padilla also joined Senate Majority Leader Chuck Schumer (D-N.Y.) and 32 of his Democratic Senate colleagues in introducing the No Kings Act, which would reaffirm that Presidents and Vice Presidents do not have immunity for actions that violate federal criminal law and clarify that Congress, not the Supreme Court, determines to whom federal criminal laws may be applied.
Headline: FEMA Releases New Resources to Help Communities Prioritize Inflation Reduction Act Projects, Implement Low-Carbon and Net-Zero Energy Solutions to Promote National Resilience
FEMA Releases New Resources to Help Communities Prioritize Inflation Reduction Act Projects, Implement Low-Carbon and Net-Zero Energy Solutions to Promote National Resilience
WASHINGTON — During Climate Week NYC, FEMA held the Climate Resilient Infrastructure: Building a More Sustainable Future Summitwith public, private and academic partners to discuss and examine resilient infrastructure challenges and innovative solutions to address the impacts of climate change.
During the event, the agency released new resource documents to provide comprehensive guidance on how communities can incorporate low-carbon and net-zero energy practices into FEMA-funded projects. These efforts support the agency’s strategic goal of leading the whole community in climate resilience.
“Investing in local infrastructure means putting aside money today to secure a brighter, more resilient tomorrow. Yet, many state, local, territorial governments and Tribal Nations lack the resources, time or expertise to identify financing mechanisms to invest in climate resilience,” said FEMA Administrator Deanne Criswell. “This new report serves as a critical resource to help communities invest in climate resilience, by identifying examples of how partnerships with the private sector can help break the cycle of response, recovery—rinse and repeat.”
The Biden-Harris Administration’s Inflation Reduction Act allows FEMA to provide financial assistance for costs associated with low-carbon construction materials and incentives that encourage low-carbon and net-zero energy projects. Signed by President Joseph R. Biden in 2022, the act marked a historic commitment to build a new clean energy economy and tackle the climate crisis.
It is crucial for communities to build infrastructure that is not only resilient but also sustainable. FEMA released three new resources. These include: 1) the Low-Carbon and Net-Zero Energy Overview for Public Assistance and Hazard Mitigation Assistance; 2) the FEMA Fact Sheet on Low-Carbon Materials Projects, and 3) FEMA Fact Sheet on Net-Zero Energy Projects.
Resource Highlights
Detailed Guidance: The documents offer in-depth information on the use of low-carbon materials like concrete, asphalt, steel and glass as well as the implementation of net-zero energy practices.
Eligibility and Reimbursement: Applicants can qualify for and receive reimbursement for costs associated with these sustainable practices.
Real-World Examples: A roadmap of practical examples of successful projects that have utilized low-carbon materials or net-zero energy is included.
FEMA may fund costs associated with low-carbon materials, even when the costs are higher than those for conventional materials, to help cut carbon pollution and build back cleaner and more resilient. These clean, climate-resilient considerations apply to five FEMA grant programs. These programs include the Hazard Mitigation Grant Program, HMGP Post Fire, Pre-Disaster Mitigation, Building Resilient Infrastructure and Communities and Public Assistance.
The Albanese Labor Government continues to partner with the City of Stirling to deliver high-impact local priority projects – with construction of the Robertsbridge Reserve sporting clubrooms at Nollamara now complete.
Officially opened today by Federal Member for Cowan, the Hon Dr Anne Aly, alongside City of Stirling Mayor, Mark Irwin, the new fit-for-purpose facility can now be enjoyed by local sporting clubs and the broader community year-round.
The $900,000 project was supported by $125,000 from Phase 4 of the Local Roads and Community Infrastructure Program and $775,000 from the City of Stirling, and brings the clubrooms in line with community expectations.
Supporting 15 jobs during construction, the project upgraded the old change rooms to cater for growing participation, and also included the installation of a Universal Accessible Toilet to enhance safety and accessibility, ceiling improvements, a new office and commercial grade kitchen.
The modern facility will suit the needs of the local community for years to come, with the refurbishment also including the addition of double doors and changes to the carpark, to ensure accessibility standards are met.
Construction began in January 2024 and was completed in June 2024, with the upgrades expected to drive female participation in sport.
Quotes attributable to Federal Minister for Regional Development and Local Government, Kristy McBain MP:
“It’s fantastic to see work complete on the Robertsbridge Reserve sporting clubrooms, because I know how important having modern, fit-for-purpose facilities is to ensuring the success of local sporting activities.
“Sport is the centre of so many community events, which is why we’ve partnered with the City of Stirling to get this local priority project off the ground – one of many projects supported as part of over $1.4 million in Phase 4 LRCI funding from the Albanese Government.”
Quotes attributable to Federal Member for Cowan, the Hon Dr Anne Aly MP:
“Upgrading the Robertsbridge Reserve sports facility is something our local community has long called for, which is why I’m proud that the Albanese Labor government is co-funding this much-needed project.
“With these upgrades now complete, all members of our community have access to enhanced facilities, which will play a key role in boosting female sports participation in Cowan.”
Quotes attributable to City of Stirling Mayor, Cr Mark Irwin:
“The new universal changerooms and public amenities at Robertsbridge Reserve are a vital step towards supporting increased female participation in sport, while also providing modern, inclusive facilities for the whole community.
“The City of Stirling is proud to invest in this district-level reserve.
“With the help of a $125,000 contribution from the Local Roads and Community Infrastructure (LRCI) Program towards the $900,000 project, the upgrades will improve safety, functionality, and the overall experience for everyone who uses the reserve, whether for sport, dog walking, or simply enjoying the outdoors.”
Released by: Attorney General, Minister for the Prevention of Domestic Violence and Sexual Assault
The NSW Government has passed new laws to better protect victim-survivors of domestic and family violence, including tougher penalties for breaching an Apprehended Domestic Violence Order (ADVO) in certain circumstances.
The new offences target conduct that may indicate a high risk of harm to the protected person, including:
An intentional breach offence directed at serious or harmful breaches of ADVOs due to the offender’s intention to cause harm or fear to the protected person. This offence will carry a maximum penalty of three years’ imprisonment.
A persistent breach offence directed at repeated breaches of ADVOs over a short period of time, reflecting a clear disregard for the conditions of the ADVO. This offence will carry a maximum penalty of five years’ imprisonment.
These new aggravated offences will complement the existing offence for any breach of an ADVO, which has a maximum penalty of two years’ imprisonment.
A new civil protection order scheme targets serious domestic and family violence offenders.
The Serious Domestic Abuse Prevention Order (SDAPO) provides law enforcement with a tool to monitor and supervise very high-risk offenders, with the aim to keep relatives and former, current or potential future intimate partners safe from violence.
The scheme allows the court to impose any conditions it considers appropriate to prevent the perpetrator engaging in domestic abuse.
Orders may include a requirement to report to a police station at an appointed time or to notify police when commencing an intimate partner relationship, and a restriction on the use of social media and dating apps.
Breaching an SDAPO carries a maximum penalty of five years’ imprisonment.
Other legislative reforms passed include:
Changes to the definition of stalking to expressly include the monitoring and tracking of a person’s activities, communications or movements through the use of technology, such as using GPS trackers or monitoring the victim’s online accounts.
Allowing police to issue a provisional AVO electronically where the parties consent, instead of requiring police officers to take individuals to a police station to print out a physical copy of the order.
An amendment to the Births, Deaths and Marriages Act 1995 to allow a sole parent with an appropriate court order to change their child’s name.
These new domestic violence laws further enhance protections for victim-survivors after the criminalisation of coercive control and stronger bail laws came into effect in July.
They also complement measures announced in the 2024-25 NSW Budget, including an investment of $245.6 million to improve support for domestic and family violence victim-survivors and expand programs that reduce the rate of violence against women and children.
$45 million of this package has been set aside to improve bail laws and justice system responses to domestic violence.
Attorney General Michael Daley said:
“The NSW Government is committed to a whole-of-government approach to preventing and eliminating domestic violence in our state.
“These new laws will strengthen the justice system to better protect victim-survivors and support their safety.
“We will continue to consult legal and sector stakeholders as we seek to improve laws and justice system responses to domestic violence.”
Minister for the Prevention of Domestic Violence and Sexual Assault Jodie Harrison said:
“Too many lives have been lost to domestic and family violence, and these new laws are a vital step to improve the safety and security of victim-survivors.
“The new laws complement other services we are delivering across the state, including homelessness and crisis support, early intervention and primary prevention programs, and activities to build and strengthen the sector.
“We want to ensure that any person fleeing domestic and family violence has a safe pathway to healing and recovery.”
Released by: Minister for Regional Transport and Roads
Work on the once-in-a-generation New Dubbo Bridge continues to progress with one third of the concrete deck, which will eventually support traffic crossing, now in place.
The Australian and NSW governments are investing $263.2 million to deliver this region-shaping piece of infrastructure on the Newell Highway in Dubbo.
The Australian Government has committed $210.6 million towards the project, with the NSW Government committing the remaining $52.6 million.
The decking along the 660-metre bridge structure is being built in sections, with each section involving the pouring of about 105 cubic metres of concrete to provide a deck slab of up to 25 centimetres in depth.
The deck pours will be carried out progressively while the rest of the bridge takes shape, with the final deck pour expected in mid-2025.
Once the concrete deck is completed, the final step in building the bridge surface will be to add an eight-centimetre thick layer of asphalt.
Pile driving was recently completed along the entire length of the new structure which crosses the Macquarie River and a section of the floodplain east of the river.
Construction is also underway for the network of roads that will link the bridge to the Dubbo road network, including road widening work at the intersections of Whylandra and Thompson streets and River and Bourke streets.
The New Dubbo Bridge project is due to be completed in late 2026, weather permitting.
Quotes attributable to Federal Infrastructure, Transport, Regional Development and Local Government Minister Catherine King:
“It is exciting to see the new bridge rapidly taking shape and I’m proud to see the Australian and NSW governments’ investments delivering for regional communities.
“New infrastructure like this is critical for the growth of regional communities and it will set Dubbo and western NSW up for the future.”
Quotes attributable to NSW Regional Transport and Roads Minister Jenny Aitchison:
“This bridge will provide vital flood resilience and unlock more housing in Dubbo – providing essential infrastructure for an estimated 5,500 homes.
“The Minns Labor Government is proud to be partnering with the Albanese Labor Government to deliver this project, supporting nearly 1,500 direct and indirect jobs in western NSW.
“On my recent visit to see the bridge I saw how transformative this bridge will be to Dubbo and I thank the workers who have given so much to this project and I thank the people of Dubbo for their patience.”
Quotes attributable to Senator for NSW Deborah O’Neill:
“Once completed, the New Dubbo Bridge will transform the way western NSW residents, tourists and freight operators travel through Dubbo.
“The Bridge will reduce travel times in the city centre and improve access across the Macquarie River, particularly during flood events.”
Quotes attributable to NSW Labor’s spokesperson for Dubbo Stephen Lawrence MLC:
“The Minns and Albanese governments are delivering transformative regional road infrastructure for Dubbo. It’s been wonderful to see the progress of the new Dubbo Bridge construction.
“I’m pleased to see more than half of all people working on this project are from my local area, including many local apprentices and aspiring tradies through innovative employment programs. Many Dubbo businesses are benefiting from the economic activity being generated.”
MANILA, PHILIPPINES (25 September 2024) — The Asian Development Bank (ADB) has maintained its forecast of 4.8% economic growth in the People’s Republic of China (PRC) this year, according to the latest ADB report.
The growth outlook remains balanced amid a prolonged correction in the property market and weak investor and consumer confidence, according to Asian Development Outlook (ADO) September 2024, released today. Economic activity in the PRC is expected to moderate to 4.5% growth next year, consistent with ADB’s projection in April.
“ADB’s research indicates that investment will support domestic demand while the property market correction continues,” said ADB Country Director for the PRC Safdar Parvez. “Global demand and the domestic cost advantage in manufacturing should also bolster exports.”
Inflation for 2024 is now forecast at 0.5%, lower than April’s 1.1% projection as the overall downtrend in food price persists. Strong global demand and increased credit availability for certain industries—including semiconductors; artificial intelligence; and low-carbon technologies such as electric vehicles, lithium-ion batteries, and renewables—will drive growth this year and next.
Infrastructure investment should regain momentum with the expected acceleration of the local government special bond issuance in the second half of this year. However, the ongoing property sector correction is expected to slow growth. The contraction in real estate investment will likely continue into next year.
Risks to the outlook include the deterioration in the property market, global fragmentation due to geopolitical issues, and the escalation of trade tensions. On the upside, acceleration and effective implementation of policy measures, including policies announced in the Third Plenum, could raise consumer and investor confidence faster than expected, resulting in higher growth and inflation than forecast.
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
MANILA, PHILIPPINES (25 September 2024) — Moderating inflation, monetary easing, and sustained public spending particularly on major infrastructure projects, will support Philippine economic growth this year and the next, according to a report released by the Asian Development Bank (ADB) today.
In its Asian Development Outlook (ADO) September 2024 report, ADB maintained its growth forecast for the Philippine economy at 6.0% for 2024 and 6.2% in 2025. The expansion in gross domestic product (GDP) will be driven by broad-based domestic demand, supported by lower inflation and interest rates, the report said.
ADB lowered its inflation forecast to 3.6% in 2024 from its April estimate of 3.8%, reflecting the sustained deceleration in food prices partly due to lower tariffs on rice imports. Inflation is expected to ease further to 3.2% in 2025 compared to the previous estimate of 3.4%.
“Most of the ingredients for the Philippines’ sustained economic growth are in place—rising government revenues are boosting public expenditures on infrastructure and social services, increasing employment is driving consumption, and reforms to open the economy to more investments are underway. With inflation slowing, the country is in a strong position to lead growth in Southeast Asia,” said ADB Philippines Country Director Pavit Ramachandran.
However, risks remain from potential severe weather events which could drive inflation higher. External factors such as a sharper slowdown in major advanced economies and the People’s Republic of China, financial volatility due to US monetary policy decisions, geopolitical tensions, and rising global commodity prices also pose threats to growth, the report said.
The Philippine government expects public infrastructure spending to range between 5.0%–6.0% of GDP annually from 2024 to 2028, after hitting 5.8% of GDP in 2023. The government’s “Build Better More” infrastructure program includes 66 ongoing projects and another 31 approved for implementation as of August 2024.
The infrastructure program aims to enhance physical connectivity through railways, bridges, and airports, or strengthen water management through irrigation, water supply, and flood control. Climate change mitigation and adaptation, digital connectivity, energy, and agriculture projects, are also prioritized under this program.
ADB is financing key infrastructure projects, such as the Malolos Clark Railway Project and the South Commuter Railway Project which will link Metro Manila to northern and southern provinces in the Luzon region. It is also supporting the Bataan-Cavite Interlink Bridge Project, and the Integrated Flood Resilience and Adaptation Project which aims to enhance flood and climate change resilience in three major river basins in the country.
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
MANILA, PHILIPPINES (25 September 2024) — The Asian Development Bank (ADB) has raised its economic growth forecast for developing Asia and the Pacific this year, amid solid domestic demand and continued strength in exports. ADB has also lowered its forecast for regional inflation.
The region is forecast to grow by 5.0% this year, compared with a projection of 4.9% in April, according to Asian Development Outlook (ADO) September 2024, released today. The forecast for next year is maintained at 4.9%. Inflation in developing Asia and the Pacific is expected to ease further to 2.8% in 2024, compared with a previous forecast of 3.2%.
The improved economic outlook reflects stronger-than-expected expansions in East Asia, Caucasus and Central Asia, and the Pacific. Rising global demand for semiconductors, driven in part by the artificial intelligence boom, is boosting exports, while easing global food prices and the lagged effects of monetary policy tightening have brought inflation down to near pre-pandemic levels.
“Strong economic fundamentals will continue to underpin expansion this year and next,” said ADB Chief Economist Albert Park. “Financial conditions are expected to improve as inflation moderates further and the US eases its monetary policy, and this will support the positive outlook for the region.”
Risks to the outlook include a worsening of trade tensions between the United States (US) and the People’s Republic of China (PRC); further deterioration in the PRC property market; worsening geopolitical tensions; and the effects of climate change and adverse weather on commodity prices and food and energy security.
The growth forecast for the PRC, the largest economy in developing Asia and the Pacific, remains at 4.8% this year and 4.5% next year. Lingering weakness in the PRC’s property sector has negatively affected household spending during 2024. This has been partially offset by higher investment, underpinned by stimulatory monetary and fiscal policies, and higher exports.
India’s economy—the region’s second largest—is forecast to grow 7.0% in 2024, unchanged from April, amid strong domestic demand including an increase in government spending.
The growth forecast for the Caucasus and Central Asia has been raised to 4.7% this year, compared with a 4.3% projection in April, thanks to improved domestic demand bolstered by remittances in some economies. The growth forecast for the Pacific is revised upward to 3.4%, from 3.3% in April, driven by the increase in tourist arrivals. The forecast for Southeast Asia has been lowered by 0.1 percentage points to 4.5%, due to a decline in public investments and slower-than-expected export recovery.
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
Source: United States Senator for Florida Marco Rubio
Rubio, Colleagues to Biden-Harris Officials: Individuals Tied to Cuban Regime Are Not Welcome
Sep 24, 2024 | Press Releases
Under U.S. law, any individual who has been, or is affiliated with a Communist Party is deemed inadmissible for entry into our nation. However, under the Biden-Harris Administration’s mass immigration program, it’s been reported that individuals tied to the…
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Rubio Applauds House Passage of USCIRF
Sep 24, 2024 | Press Releases
The United States Commission on International Religious Freedom (USCIRF), created by the International Religious Freedom Act of 1998, is a bipartisan commission that monitors and reports on international religious freedom. The commission’s authorization is currently…
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Rubio, Scott Support Florida Request for Pre-landfall Emergency Declaration
Sep 23, 2024 | Press Releases
Potential Tropical Cyclone Nine, soon to be Hurricane Helene, is expected to make landfall in Florida as a major hurricane later this week. The storm will bring strong winds, heavy rain, severe storm surge, flooding, and hazardous seas to Florida’s impacted areas….
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ICYMI: Rubio, Clement Present Plan to Stop Antisemitism on College Campuses
Sep 23, 2024 | Press Releases
Congress Can Protect Jews on College Campuses U.S. Senator Marco Rubio (R-FL) and Paul Clement September 23, 2024 Wall Street Journal The ancient poison of antisemitism has infected American higher education…. Campus antisemitism isn’t restricted to…widely publicized…
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ICYMI: Rubio Joins Face the Nation
Sep 22, 2024 | Press Releases
U.S. Senator Marco Rubio (R-FL) joined Face the Nation to discuss foreign election interference, threats to President Donald Trump’s life, the impact of illegal mass migration on communities across America, and more. See below for highlights and watch the full…
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Rubio, Colleagues to Garland: Tren De Aragua Continues to Terrorize Our Nation
Sep 20, 2024 | Press Releases
Tren de Aragua, a criminal Venezuelan transnational organization known for committing major international crimes such as human trafficking, drug-trafficking, arms trafficking, and money laundering, continues to terrorize communities across our nation. Following calls…
DILI, TIMOR-LESTE (25 September 2024) — Timor-Leste’s economic growth momentum will continue in 2024–2025, though at a more modest pace than forecast in April 2024 due to lower government expenditure and weaker investment spending than previously expected, according to a report by the Asian Development Bank (ADB).
The Asian Development Outlook (ADO) September 2024 reports that robust private consumption, fueled by consumer credits, government transfers, personal remittances, and tourist arrivals should drive growth. However, the forecast has been revised down to 3.1% for 2024 and 3.9% for 2025 from the 3.4% and 4.1% projected in ADO April 2024, respectively, due to slower-than-expected budget spending.
“Ensuring investment project readiness, improving public procurement practices, and strengthening institutional capacity are essential for maximizing the positive impact of public capital investments on economic growth,” said ADB Country Director for Timor-Leste Stefania Dina. “To sustain robust economic growth beyond 2024, we must embrace public financial management reforms and strategic policy shifts. By optimizing development finance opportunities and protecting government resources, such as the Petroleum Fund, we can build a brighter future for Timor-Leste.”
Due to lower inflation in staple products and consumer durables and persistently low inflation in nontradables, average inflation will moderate to 3.4% in 2024, revised down slightly from the previous 3.5% forecast. The report’s 2.9% inflation forecast for 2025 remains unchanged from ADO April 2024. The current account deficits will remain large but slightly less than the previous forecasts due to lower imports of goods and services in line with slower budget spending.
Risks to Timor-Leste’s growth outlook stem from lower public capital spending, climate-related disasters, and the impact of external shocks and spillovers mainly associated with prolonged global geopolitical tensions on trade conditions and inflation.
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
Source: United States Senator for Florida Marco Rubio
Photo courtesy of the National Religious Broadcasters association.
On September 19, U.S. Senator Marco Rubio (R-FL) spoke to the National Religious Broadcasters association on the importance of faith-based messaging.
“The most important thing the government can do is protect the institutions that are the fiber of the nation: the family, the community, and the faith…. Your mission is to bring Christians news and information in a manner that’s consistent with their values and hopefully inspires them to live up to those values…. Our job is to ensure that your right in this country to do that remains unencumbered..” – Senator Rubio
See a lightly edited transcript below.
You’re going to hear a lot from people about politics and issues today, and I’m more than happy to talk about that. Who am I to warn you against being hyper-political? It’s what I do for a living. And when I was a state legislator, we used to beg people to be interested in politics. But now, it’s the only thing people want to talk about. There’s no space in our life into which politics hasn’t intruded.
The laws we pass are important. People have legitimate concerns about where the country is headed. There are laws that are making it harder for people of faith to participate in the public square. But I try to remind people around me and in my life, many of whom have become consumed by politics, of a couple things. The first thing I try to remind them of is that we cannot make politics and government our god.
Sometimes I hear people of the Christian faith say, “My God, things are so terrible!” But of all the faiths on this planet, the one that knows how the movie ends is ours. And it ends in tribulation. It ends in difficulties. That’s what was promised. Of course, in every generation, Christians are like: “I know it’s all going to happen, and I can’t wait for Jesus to come back, but not now! Not while I’m here! I just want to skip to the end!” But we have to hold true to what is ultimate.
Governments rise and fall. Nations come and go. But for 2,000 years, the one constant in the lives of people of the Christian faith has been our belief that we’re going to live in a new heaven and a new earth, and that it’s going to be as it was originally intended to be before man’s fall. That doesn’t mean we don’t pay attention to the issues of our time. It doesn’t ask us to be hermits. It doesn’t ask us to isolate ourselves. It certainly calls for us to actively live out our faith. But I also don’t think we can let that lead us into anxiety.
In that, I’m reminded of the early Church. The reason why early Christianity spread is not because they conquered with an army. It isn’t because they had more money or more power. In fact, they had none. It’s because the Romans kept doing horrible things to these people, and yet they would go to their deaths singing songs, full of joy, and being kind to their oppressors. Eventually, a bunch of pagans said, “I want the joy those people have.”
They said: “We’ve tried everything. We’ve worshiped all these gods. We’ve forgotten all the gods we worshiped. We’ve sacrificed. We’ve done this, we’ve done that. I want the happiness that these Christians have. What is this secret that they have that the rest of us can’t seem to achieve, despite everything we’ve tried?” It was the power of that example, more than anything else, that allowed the Spirit to work in the world.
The second thing I try to remind people of is that America is not a government. Oftentimes, when people discuss the state of America, they’re actually discussing the state of our politics or the sake of our government. And what we forget is that America is not a government. America is a nation. And what is a nation? At its most basic level, a nation is made up of this: families living in communities.
The most important house in this country is not the White House. It is your house. It’s the first school. It’s the first government. And it’s where we acquire values. Do you realize that everything that tastes good and feels good is bad for you? Why don’t leafy greens taste like ice cream? Why is the stuff that’s good for you, you have to put stuff on it to make it palatable? I think the same is true when it comes to human nature.
Despite all the advancements and our fancy technology, human nature is the same today as it was 5,000 years ago, which is why when we read the Old Testament, those stories seem like they could’ve been written yesterday. We may dress differently, we may use different devices, we may advance scientifically, we may travel to the stars, but human nature is unchanged. That is why history repeats itself. And human nature needs to be controlled. Left to our own nature, left to do whatever we want, we would not live in a good world.
Where do you learn what is good and what is bad, what is right and what is wrong, both collectively and individually? Something has to inform you that murder is evil, because murder is legal in the animal kingdom. It happens there all the time. But humanity has decided that murder is wrong, enslaving someone is wrong, physically abusing someone is wrong, denying the right to speak freely is wrong, denying the right to worship freely is wrong. Where do these ideas come from? They don’t come from human advancements, because human nature hasn’t changed. They come from a system of values.
In this, particularly because I am a Christian, I believe our faith system is an extraordinary asset to the country. You don’t have to convert. You have the right to believe anything you want. But from a practical point of view, why would we ever want to constrain or oppress a system of belief that says: “Treat others the way you want to be treated. Love your enemy. Forgive them. Take care of the widow and the hungry.”
The concept of the widow today is lost on people. If you were a widow 2,000 years ago, you were in big trouble. There was no welfare system. There were no food stamps. There were none of these programs out there. You were on your own, by yourself, with no one to help you, unless you had children to take care of you.
To me, Christianity is a system that teaches you not just to help the widow, but to have compassion for the less fortunate, to serve those in need selflessly, not selfishly. Why do we not want that to infuse our culture and society? Even if, ultimately, you don’t believe in the inspirations for those things, why would you not want something like that to be protected and vibrant under our laws? I think any country would be stronger with that.
And it explains a lot of our history. To this day, Americans feed more people, clothe more people, house more people all over the world than almost all the other countries of the world combined. If there’s a landslide somewhere today, if there’s a flood, an earthquake, or a volcanic eruption, I guarantee you that some faith-based organization in America will be one of the first to respond. And then you add to that foreign aid. (Although that has become controversial lately, and we have to address our own needs as well.)
Why is that? Because there are other wealthy countries that have no tradition of giving whatsoever. To me, the answer is our faith system. When you have instilled in the values of your country to help the less fortunate, it doesn’t mean to help the less fortunate only in your county, your city, your state, or your country. It means we see someone suffering somewhere, and we feel compelled to do something about it. And I’m not talking about just rich people. I’m talking about people that give $50 a month.
Where does that come from? That comes from a system of values grounded in a faith system. It is a national imperative for our country. Not to mention the importance of family and the importance of parenting. Children are not a burden. We should never be a nation that feels that a human life is a burden instead of a blessing. When people talk about things that way, we have to think about what a reflection it is on our society and culture.
What I’m saying is, we can pass a lot of laws, and we can elect great people, but many of the problems we are confronting as a nation go well beyond the government. Government can tell you what’s legal. It cannot tell you what’s right or wrong. Government can punish and reward. It cannot teach people to do good instead of bad, or to care for one another, or to live in community. That’s why I believe the most important thing that the government can do is to rebuild our families so they can live in dignity.
There are things the government can do to help. I think it’s hard to have strong families and strong communities without dignified work. There are great things that the free enterprise system has created, more things than all the other economic systems man has tried. But we have to prioritize dignified work. Man was meant to work. Work is actually a form of worship. In fact, it’s one of the first commandments that mankind received. No matter what the job is, whether you’re a senator or anything else, your work is a way of worshiping your Creator.
But the most important thing the government can do is protect the institutions that are the fiber of the nation: the family, the community, and the faith, which instill values that make us stronger as a result. In many ways, that is the mission that you’re called to. Your mission is to bring Christians news and information in a manner that’s consistent with their values and hopefully inspires them to live up to those values. From a government perspective, our job is to ensure that your right in this country to do that remains unencumbered.
Our own founding documents say our rights come not from the government, but from our Creator. Our country was founded on the belief that our rights are not what I decide they are because the people of Florida elected me, but what God has given us. My job is to protect those rights, not to decide what they are, or to decide which ones apply and which ones do not.
The role of religious broadcasting has a very important mission. It has a spiritual component to it, but it actually has a very strong civil component to it. I think it calls people to live out their faith. At a time when so much of the news and information that people are consuming is actually speaking to the worst of humanity, bringing out the worst in them, the ability to bring out the best in them is really a critical national treasure, one that we have to protect.
I don’t know how to operationalize this in terms of the laws. Oftentimes, good outcomes depend on the law we don’t pass, or something we keep from happening, which would impinge on your ability to fulfill what I think is a critical mission for our country. That mission is to ensure that we have strong families, strong communities, and children raised with the values that allow them to be productive, but also to be good citizens, and to always work for the common good.
Editor’s note: Chinese President Xi Jinping has consistently championed the rule of law throughout his political career. Since the 18th CPC National Congress in 2012, Xi put forward a series of new ideas, new thinking and new strategies to advance law-based governance in all respects. In this infographic, China.org.cn highlights key aspects of Xi Jinping Thought on the Rule of Law.
Source: United States Senator for Alaska Dan Sullivan
09.24.24
WASHINGTON—U.S. Senator Dan Sullivan (R-Alaska) today applauded the efforts of the Alaska Eskimo Whaling Commission (AEWC) and many others for their efforts at the 69th International Whaling Commission (IWC) meeting in Lima, Peru to renew Alaska’s subsistence whaling quota for six more years. The measure passed yesterday by consensus.
“Today, we celebrate the preservation of subsistence whaling, a cultural practice our Alaska whalers have sustainably conducted for thousands of years,” said Sen. Sullivan. “This quota renewal is the result of hard work from the AEWC, represented in Peru by Chairman John Hopson Jr., Vice Chair Crawford Patkotak, and North Slope Borough Mayor Josiah Patkotak, and many others. Prior to the IWC meeting, John, Crawford, Josiah, other members of the AEWC and I met with senior executive branch officials and more than 20 different embassy representatives in the Capitol. This event was a pivotal opportunity to educate our global partners and our own federal government about our whalers’ priorities. Alaska and America couldn’t ask for better ambassadors than our whaling captains. I want to thank everyone involved who made this success happen, including a dedicated member of my staff, Mary Eileen Manning, who attended the Commission meeting in Peru, the U.S. Commissioner, and the entire U.S. delegation to the IWC. Congratulations to all of our whaling communities throughout the North Slope and the Bering Straits region!”
The 2024 renewal built upon the successful 2018 renewal, when the U.S. delegation secured a streamlined quota renewal commitment.
Background:
As the ranking member of the Senate Commerce Oceans, Fisheries, Climate Change and Manufacturing Subcommittee—which has jurisdiction over our nation’s oceans, fisheries, and marine mammals, including whales—Senator Sullivan has relentlessly championed the efforts of Alaska Native whalers to continue the subsistence harvest of whales.
In September 2024, the Alaska delegation sent a letter to embassies of IWC member countries, again reiterating the importance of subsistence whaling.
In the lead up to the 2024 IWC meeting in Peru, Senator Sullivan hosted representatives from the Alaska Eskimo Whaling Commission, the North Slope Borough, and the Biden administration in a strategy meeting to educate global partners and the federal government about Alaska whalers’ priorities.
Following the July 2024 meeting in Washington D.C., Senator Sullivan hosted a reception in the Capitol on the significance of subsistence whaling to the cultures and livelihoods of thousands of Alaska Native people. Speakers at the reception included Sen. Sullivan, Sen. Lisa Murkowski (R-Alaska), North Slope Borough Mayor Josiah Patkotak, AEWC Vice Chairman Crawford Patkotak, AEWC Chairman John Hopson, Jr., AEWC Secretary Herbert Kinneeveauk III, National Marine Fisheries Service (NMFS) Director Janet Coit, and Deputy Assistant Secretary of State Mahlet Mesfin.
In September 2018 at the 67th IWC meeting in Brazil, the AEWC secured a renewal of its subsistence whaling quota for seven more years and, for the first time, the automatic renewal of its whaling quota as long as harvests remain sustainable. The measure passed by a vote of 58 to 7.
In the lead up to the 2018 IWC meeting in Brazil, Sen. Sullivan kept in close communication with senior leadership at the U.S. State Department and the National Oceanic and Atmospheric Administration (NOAA), and sent his legislative director to the IWC meetings in Brazil to serve on the U.S. delegation.
In August 2018, the Alaska delegation sent a letter to embassies of IWC member countries, reiterating their commitment to subsistence whaling.
In July 2018, Senator Sullivan convened a strategy meeting in the Capitol with AEWC, the State Department, and NOAA to ensure continued coordination and foster direct high-level engagement. Afterward, Sen. Sullivan led a reception, hosted by the Alaska congressional delegation, for ambassadors and diplomatic officials of IWC member embassies.
In April 2018, Senator Sullivan, alongside Senator Murkowski, introduced and passed out of the Senate Commerce Committee the Whaling Convention Amendments Act of 2018—which authorized the Secretary of Commerce to preserve the bowhead whale subsistence harvest and Alaska Native food security under U.S. law if the IWC had failed to act on the bowhead whale quota during their meetings in Brazil.
Subsistence Whaling and IWC Background:
Worldwide whale stocks are managed through the International Whaling Commission, a group of 88 countries that have ratified the International Convention for the Regulation of Whaling. The Whaling Convention Act of 1949 is the relevant U.S. implementing legislation.
The convention allows for the harvest of certain whale species for nations that certify either a cultural or subsistence need for their aboriginal population. Russia, Denmark (for Greenland), the United States, and St. Vincent and the Grenadines are those nations who currently practice Aboriginal Subsistence Whaling (ASW).
The subsistence harvest in Alaska is sustainable and non-commercial. The IWC has consistently certified that the biological status of Alaska’s bowheads is sustainable.
Today, Prime Minister Justin Trudeau met with the President of the European Commission, Ursula von der Leyen, on the margins of the 79th Session of the United Nations General Assembly.
The leaders highlighted the close relationship between Canada and the European Union (EU) and the importance of continued collaboration on shared priorities, including economic security, sustainable development, and global stability.
The Prime Minister and the President discussed the need to take action on climate change, carbon pricing, and industrial decarbonization. They emphasized the crucial role of the private sector in driving innovation and accelerating investments for a clean energy transition.
The leaders exchanged views on pressing geopolitical issues. They reaffirmed their unwavering support for Ukraine in the face of Russia’s unjustifiable war of aggression, and emphasized the importance of promoting lasting peace and security in the Middle East.
They also underscored their support for Haiti, highlighting the pivotal steps that have been taken toward restoring peace and stability in the country. Prime Minister Trudeau noted the need for additional support for the UN-authorized Multinational Security Support mission to ensure its success.
Prime Minister Trudeau and President von der Leyen looked forward to continue strengthening the strong partnership between Canada and the EU, including in the context of Canada’s G7 Presidency next year. The two leaders agreed to remain in close contact.
China’s top financial regulators, in a move that went beyond market expectations, unveiled a potent combination of monetary easing measures on Tuesday, aimed at anchoring market confidence and underpinning economic recovery amid domestic and global headwinds, analysts said.
The forceful one-two punch, including cutting the reserve requirement ratio, key policy interest rates and existing mortgage loan interest rates, will foster a more enabling climate for the world’s second-largest economy to hit this year’s growth target, they added.
“Recent macroeconomic data pointing to a tepid recovery in domestic consumption and weak inflationary pressures have created space for policymakers to ramp up efforts to bolster the economy,” said Ming Ming, chief economist at CITIC Securities.
“The gradual release of the policy package will help shore up market sentiment, unleash pent-up consumer demand, and drive a pickup in prices, putting the economy on a more favorable growth trajectory,” he added.
Pan Gongsheng, governor of the People’s Bank of China, the nation’s central bank, said at a news conference on Tuesday that the reserve requirement ratio — the amount of cash that banks are required to have on hand — will be reduced by 0.5 percentage point in the near term, which will free up about 1 trillion yuan ($142.2 billion) for new lending.
This marks the second time that the central bank has lowered the RRR this year, after implementing a 0.5 percentage point reduction in February, indicating that Chinese policymakers are proactively tapping into the policy space provided by the US Federal Reserve’s interest rate cut last week, experts said.
Following the latest reduction, the average reserve ratio for the banking sector will drop to around 6.6 percent. This level still leaves considerable flexibility to further lower the RRR if needed, when compared with other major global economies, Pan said.
China’s central bank will not shy away from further RRR cuts of 0.25 to 0.5 percentage point this year, depending on the prevailing market liquidity conditions, Pan added.
The central bank also announced a reduction in its seven-day reverse repo rate — the short-term policy benchmark of interest rates — by 0.2 percentage point from the current 1.7 percent to 1.5 percent.
This move is expected to drive down the medium-term lending facility rate by around 0.3 percentage point, with the loan prime rates also projected to follow suit, declining by 0.2 to 0.25 percentage point, Pan added.
A new set of policies aimed at further stabilizing the real estate market was also unveiled at the news conference, including a 0.5 percentage point reduction in average existing mortgage rates and lowering the minimum down payment ratio from the current 25 percent to 15 percent on second homes, among others.
Guan Tao, global chief economist at BOCI China, said that Tuesday’s policy package was more proactive and comprehensive than expectations and indicated policymakers’ intention to deliver timely policy support, helping strengthen society’s confidence in achieving the economic growth target of about 5 percent for the year.
Guan said fiscal policy should synergize with accommodative monetary measures. Measures such as expanding this year’s government deficit to boost fiscal spending and optimizing the fiscal spending structure to improve people’s livelihoods are worth consideration, especially in light of households’ reluctance to consume and invest due to debt burdens.
China’s stock and foreign exchange markets reacted positively to the policy release, with the benchmark Shanghai Composite Index jumping 4.15 percent to Tuesday’s close at 2,863.13 points, the biggest rise in about four years.
Wang Qing, chief macroeconomic analyst at Golden Credit Rating International, said the policies will provide much-needed support to homeowners by alleviating their debt burden and boosting consumer spending.
Wang said the higher level of existing mortgage interest rates compared with new mortgages has triggered a notable wave of early loan repayments, posing a drag on household consumption.
According to a central bank report released in July, the average monthly early repayment volume reached 387 billion yuan from September to December last year, which translates to an annualized early mortgage repayment of around 4.6 trillion yuan.
While the mortgage rate cuts, on the other side, will have a tangible impact on bank earnings, the authorities are likely to take a balanced approach, such as orderly adjustments to deposit rates to ensure the banking sector’s resilience, Wang said.
China’s top private enterprises are ramping up their research and development expenditures, reflecting a shift toward innovation to become more competitive on the global stage, said government officials and industry experts.
According to a report released by the All-China Federation of Industry and Commerce on Monday, total 2023 R&D expenditures for the top 1,000 private firms reached 1.39 trillion yuan ($197.5 billion), up 4.78 percent year-on-year. They accounted for 41.88 percent of the nation’s overall R&D spending.
The manufacturing sector emerged as a major contributor, with total R&D expenditures surpassing 1 trillion yuan last year. The highest R&D investments were observed in the computer and electronics sector, which invested 318.47 billion yuan with an impressive average R&D intensity of 8.34 percent.
It was closely followed by the internet and related services sector at 245.07 billion yuan and the automotive industry at 142.56 billion yuan.
Top leadership officials emphasized earlier this year the need to deeply integrate technological innovation with industrial innovation to develop new quality productive forces, highlighting the importance of reinforcing the role of enterprises as key innovators.
Gao Yunlong, chairman of ACFIC, said: “Private enterprises are expected to lead technological innovation, drive revolutionary breakthroughs and increase R&D investments. They can also strengthen the deep integration of industry, academia and research institutions, and play a greater role in strengthening and supplementing key industrial chains, as well as in the transformation of technological achievements and self-reliance.”
Notably, China’s R&D efforts are increasingly narrowing the gap with other leading economies. Some 217 of the global top 1,000 R&D-invested firms are from China, with total R&D investments amounting to 1.27 trillion yuan.
The year-on-year growth rate of R&D expenditures for these top 1,000 private enterprises last year was 12.78 percent, surpassing the growth of 6.54 percent for the global top 1,000 and 7.68 percent for the European Union. The average R&D intensity for the top 1,000 private enterprises was 3.58 percent, 0.31 percentage points higher than that of the top 1,000 firms in the EU.
Xu Qin, Party secretary of Heilongjiang province, said that the province will implement more supportive policies for the development of the private economy to invigorate its growth.
“Efforts will also be made to create a top-tier business environment, ensuring comprehensive support for enterprises, enhancing gains for entrepreneurs and contributing to the overall revitalization of Northeast China,” Xu said.
China will scale up R&D expenditures by more than 7 percent annually during the 14th Five-Year Plan (2021-25) period. Consultancy McKinsey & Co said in a report that such a growth target will make China the world’s largest R&D spender.
Wang Peng, a senior researcher at the Beijing Academy of Social Sciences, said that amid a global economic slowdown, encouraging the private economy to increase R&D efforts is important.
“The Chinese economy will continue gathering momentum if the private sector, including smaller businesses, remains sound, given that many SMEs are being increasingly recognized for their role as leaders in new concepts and new business models,” Wang said.
UN Secretary-General Antonio Guterres (at the podium and on the screens) delivers a speech at the opening ceremony of the General Debate of the 79th session of the United Nations General Assembly (UNGA) at the UN headquarters in New York, on Sept. 24, 2024. [Photo/Xinhua]
The General Debate of the 79th session of the United Nations General Assembly (UNGA) began on Tuesday amid growing calls for more international cooperation to address challenges such as climate change, poverty and inequality, while tackling the fallout from ongoing conflicts and global health crises.
The session saw world leaders heading to New York to deliver their statements as they took part in high-level discussions on the existential threat of sea-level rise, accelerating progress in combating the growing threat of antimicrobial resistance, and driving forward the United Nation’s long-term goal of achieving global nuclear disarmament with a plenary meeting marking the International Day for the Total Elimination of Nuclear Weapons.
President of the 79th session of the UNGA, Philemon Yang, told the opening ceremony that “the General Debate remains one of the world’s most inclusive, representative and authoritative platforms for global reflection and collective action. This year, the urgency of our task cannot be overstated.”
He noted that countries are falling behind in the pursuit of the Sustainable Development Goals (SDGs). With just five years to go, less than 18 percent have been met. Meanwhile, the climate crisis is “no longer a distant threat” but “here now, ravaging ecosystems and dismantling the livelihoods of entire communities.”
Yang also addressed the various conflicts raging from the Middle East to Ukraine, and from Haiti to South Sudan. “I call for an immediate ceasefire in all these conflict settings,” he said.
UN Secretary-General Antonio Guterres opened the General Debate of the 79th session of the General Assembly, saying that the current state of the world is unsustainable, but working together can find solutions.
“That requires us to make sure the mechanisms of international problem-solving actually solve problems,” he said. “It is time for a just peace based on the UN Charter, international law and UN resolutions.”
The agenda
The 79th session of the UNGA opened on Sept. 10, and the first day of the high-level General Debate falls on Tuesday. The 79th session marks a crucial milestone in the global effort to accelerate progress towards the 17 SDGs, according to a UN press release.
While the overall state of SDGs globally remains of grave concern, the SDG Moment event on Tuesday demonstrates that dramatic progress is still possible between now and 2030. It will do so by highlighting inspiring examples of progress across the world and the role of just and inclusive transitions in accelerating SDG progress.
World leaders gathered to engage in the annual high-level general debate under the theme “Leaving no one behind: acting together for the advancement of peace, sustainable development and human dignity for present and future generations.” Heads of state and government and ministers will explore solutions to intertwined global challenges to advance peace, security, and sustainable development.
On Wednesday, the High-Level Meeting on Sea-Level Rise will convene global leaders, experts and stakeholders to address the urgent and escalating threat of rising sea levels. This meeting will focus on building common understanding, mobilizing political leadership and promoting multi-sectoral and multi-stakeholder collaboration and international cooperation towards the objective of “addressing the threats posed by sea-level rise.”
Participants will work towards developing comprehensive solutions and actionable commitments to combat sea-level rise, ensuring a resilient and sustainable future including for small island developing states and low-lying coastal areas, according to the United Nations.
On Thursday, the High-level Meeting on Antimicrobial Resistance (AMR) presents an opportunity for countries and stakeholders to renew efforts and accelerate progress in combating the growing threat of AMR. This meeting will serve as the foundation for executing policies and ensuring accountability for strengthening health systems against AMR.
“Building on the momentum of previous declarations and commitments, participants will focus on enhancing international cooperation, promoting the responsible use of antimicrobials, and advancing the development of new treatments to safeguard global health,” said the United Nations.
Also on Thursday, a high-level meeting will be held for International Day for the Total Elimination of Nuclear Weapons.
On Monday, the United Nations just concluded the highly anticipated two-day Summit of the Future, which underscored the urgent need for enhanced international cooperation to address pressing challenges such as climate change, poverty and inequality, while tackling the impacts of ongoing conflicts and global health crises.
Syrian air defenses intercepted multiple flying objects over the Mediterranean Sea near the province of Tartous on Tuesday night, according to the Syrian Observatory for Human Rights.
The Syrian air defenses managed to shoot down 13 “targets,” as military radars detected warplanes in Syrian airspace, said the observatory.
Missiles from Syrian air defense systems continued to be launched toward “targets” over the sea rather than on land, the Britain-based war monitor added, noting that it is still unclear whether the targets were missiles or drones.
There were no immediate reports of casualties or damage in Tartous, a strategic coastal province that hosts a Russian naval facility.
While there has been no official comment on the incident yet, pro-government Sham FM radio reported that Syrian air defense systems were intercepting an Israeli attack over Tartous.
Let me start with thanking all of you for gathering here today. As a native of Hiroshima, the city that was devastated by atomic bombing, I am delighted to launch today the Friends of a Fissile Material Cut-off Treaty (FMCT) with the representatives of the participating countries. This launch is literally to wrap up my efforts to advance nuclear disarmament diplomacy that I have been working on since my time as Minister for Foreign Affairs and since becoming Prime Minister.
Next year, we will mark 80 years since we witnessed the first nuclear test in human history and the subsequent devastation caused by the atomic bombings of Hiroshima and Nagasaki. In my hometown of Hiroshima, the “Flame of Peace,” which symbolizes the resolve and hope of the Hibakusha–atomic bombing survivors–for a world without nuclear weapons, continues to burn without being extinguished for a moment until the day when all such weapons have disappeared from the earth.
About 60 years ago, at the United Nations General Assembly, U.S. President Kennedy stated that humanity lived under a nuclear sword of Damocles, hanging by the slenderest of threads, and appealed for the abolition of those weapons. Later, in 1993, at the same UN General Assembly, President Clinton stated that his country was working with Russia and others to take that sword down, to lock it away in a secure vault where we hope and pray it will remain forever.
And now, the era we call “the post-Cold War” has already passed, and we are facing the most severe and complex international security environment since the end of the World War II, where the international community is becoming increasingly divided and confrontational. This nuclear sword, hanging by the slenderest of threads over the heads of every human being, is swinging wildly again.
We are on the brink of a possible reversal of the downward trend in the number of nuclear weapons since the Cold War. The rapid buildup of nuclear capabilities by some countries in an untransparent manner could ignite an arms race that would draw other countries in.
UN Secretary-General Guterres, pointed out the deadlock of some existing disarmament institutions and the need to revitalize them in his “New Agenda for Peace.” I too am concerned that if this stalemate continues, the world will become even more divided.
The NPT regime, the cornerstone of nuclear disarmament and non-proliferation, is a common asset of humanity that is too precious to lose. We, the political leaders, must now take the lead to maintain confidence in this regime.
With this in mind, I myself as the Prime Minister of Japan, attended the NPT Review Conference in 2022 and announced the “Hiroshima Action Plan.” Following that, I worked on the G7 Leaders’ Hiroshima Vision for Nuclear Disarmament issued last May that called on all countries to refocus political attention on the FMCT.
The FMCT is a framework for maintaining the trend of a global decline in the number of nuclear weapons by limiting the quantitative increase in nuclear weapons. Thirty years have passed since President Clinton proposed the concept, and experts have continued discussion over technical aspects of the FMCT.
Now is the time for strong political will to begin negotiations that materialize those experts’ discussions. I am convinced that creating momentum for an early start of FMCT negotiations will lead to the maintenance and strengthening of the NPT regime in the run -up to the 2026 NPT Review Conference.
About 80 years ago, the Hibakusha of Hiroshima and Nagasaki experienced firsthand the horror of nuclear weapons, which robbed people of their “human dignity.” These people are already advanced in years. Along with their wish for a world without nuclear weapons, we need to promote the understanding of the realities of the atomic bombings to the world and to future generations.
Next year, which will mark 80th year since the atomic bombings of Hiroshima and Nagasaki, Japan will work on conveying the realities of the atomic bombings, focusing on three areas: sending Hibakushas and the youth overseas, promoting visits to Hiroshima and Nagasaki, and strengthening communication with the world. On that basis, we, the political leaders of the world, must recognize that we have the responsibility to one day lock the nuclear sword of Damocles away in a secure vault where we hope and pray it will remain forever.
As a native of Hiroshima, the city that was devasted by atomic bombing, and as a responsible politician of Japan, the only country to have suffered atomic bombings during war, I pledge to continue to support realistic steps toward a world without nuclear weapons. And above all, I would like to advance efforts toward nuclear disarmament so that the day will finally come when the “Flame of Peace” be extinguished after the resolve and hope of the Hibakusha fulfilled.
Japan will promote this FMCT Friends initiative in cooperation with the founding members of the group, who are gathered here. Let’s work harder together.
Thank you for your attention.
[Closing Remarks]
I thank all the high-level representatives of the FMCT Friends founding members for attending the launch meeting today. I am very encouraged to hear directly from you all about your country’s enthusiasm to expand support for the start of FMCT negotiations.
My staff always warns me to keep my remarks short, but when it comes to nuclear disarmament, I can’t help but be greedy to say more.
Looking ahead to next year, the 80th anniversary of the atomic bombings of Hiroshima and Nagasaki, and toward the 2026 NPT Review Conference, we need to demonstrate through our actions that the NPT regime is the cornerstone of the nuclear disarmament and non-proliferation regime. Now that the international security environment is becoming increasingly severe, we must advance nuclear disarmament under this NPT regime.
The FMCT Friends are, let’s say, three C’s in this regard—a “core” of the dialogues between the relevant countries, a “communicator” between countries with different interests, and a “catalyst” to accelerate dialogues—toward the start of the stalled FMCT negotiations.
As a citizen of Hiroshima, the city that was devasted by atomic bombing, I have a strong desire for nuclear abolition. At the same time, as a responsible politician from Japan, the only country to have suffered atomic bombings in war, I am fully aware that Japan has a mission to advance realistic and practical efforts toward a world without nuclear weapons.
The NPT regime is the only universal framework for a world without nuclear weapons, with broad participation from both nuclear and non-nuclear weapon states. Under this regime, it is now more than ever that we must advance realistic efforts, step by step. Among these, I am convinced that a FMCT is truly indispensable.
To all founding members of the FMCT Friends, let us continue to work together toward our common goal so that we can absolutely commence the FMCT negotiations.
SYDNEY, 25 Sept 2024 – Over six in 10 children with access to the internet interact with “unknown others” daily despite concerns about online grooming, according to new research released by Save the Children and Western Sydney University that highlighted children’s demands for better online protection.
The research team held in-depth consultations with about 600 children and young people aged 8 to 18 from Australia, Finland, the Philippines, Cambodia, Colombia, Kenya, and South Africa, who shared their views and experiences of facing inappropriate requests online for personal information or images.
The report, ‘Protecting Children from Online Grooming’, was written by the Young & Resilient Research Centre at Western Sydney University, and funded by the global child online safety investment vehicle Safe Online as part of the Tech Coalition Safe Online Research Fund.
Since the COVID-19 pandemic, incidents of online grooming and child sexual and financial exploitation have reached an all-time high [1], with an 82% rise in online grooming crimes against children reported in that period [2]. Online grooming practices have also transformed, with the fastest growing form of online grooming targeting young men for financial extortion [3].
The report revealed children were more inclined to connect with strangers – or “unknown others” – online as they matured and became more social, motivated by a desire for friendship, fun and play, followed by a wish to stay informed about trends and events, and to connect over shared interests.
The findings also showed that while children across all cultures and age groups were more suspicious of people they didn’t know online than people they knew in person, most (66%) of the study participants still interacted with “unknown others” daily online.
Children in high-income settings were twice as likely to use privacy settings to protect themselves from unwanted contacts, compared to children from some low-income settings, but the potential to derive financial benefits was an incentive for children in middle-income countries to connect with strangers online, potentially compromising their safety.
While children have come up with numerous ways to protect themselves, they are calling for widespread, accessible and targeted online safety education for themselves and their caregivers. In the discussions the children also made concrete suggestions about how technology platforms and governments can implement changes that will keep them safer online.
Sonisay*, a girl aged 11-12 from rural Cambodia, said:
“Adults should know that children interact with strangers, monitor them, and read their chats.”
Angel* aged 15-17 from a city in the Philippines said:
“Adults need to know about the children of today who are highly computer-savvy… To be able to support and protect the children, adults need to understand that children are comfortable with using the internet which pushes to interact with strangers.”
Charlie* aged 14 from Australia emphasised the need to start online safety education earlier:
“Having young children educated about the safety of technology and the dangers … adults only start this education for older kids on social media when the problem can be on video games played by young kids.”
Children reported that it was very difficult to ascertain the intentions of strangers online. Children were also particularly worried about being asked for personal information or nude pictures, being drawn into inappropriate sexually-oriented exchanges, or exposure to criminal activities.
The report found that children want and need better online protection, with children primarily using intuition and background checks rather than seeking help from trusted adults to manage their online interactions with people they don’t know.
The data also showed that children distinguish people they know well both online and in person from those they only know online, with 86% approaching the latter with caution. Yet despite this wariness, children were still three times more likely to ignore or decline an inappropriate or unwanted request than they are to report or block it.
Steve Miller, Save the Children’s Global Director of Child Protection, said:
“Children deserve to thrive in a safe and nurturing environment – both online and offline. As the digital landscape evolves, so do the challenges and threats, including the threat of online grooming and exploitation. We need to foster a digital environment that is not only safe but also enriching, allowing children to explore, learn, and grow without fear. Policymakers need to listen to the voices and experiences of children when developing policies that protect them.”
Professor Amanda Third, Co-Director of the Young and Resilient Research Centre, Western Sydney University, said:
“Keeping children safe from online grooming requires a whole-of-community approach. Governments, NGOs, technology platforms, teachers, parents, caregivers, and children themselves all have an important role to play. However, to most effectively address this issue it is crucial that we listen to the views and experiences of children and young people and engage them as active partners in the research and policy design process. Children and young people are finding their own ways to tackle this issue and devise solutions but they are also calling on us to help equip them and their caregivers with the skills and knowledge needed to be able to safely navigate these rapidly evolving digital environments.”
Save the Children has launched a major global effort to support digital inclusion and empower the next generation of resilient digital citizens. Save the Children’s Safe Digital Childhood initiative is includes partnering with schools, communities and tech leaders to break down barriers to digital inclusion by making sure the children with the fewest resources can access devices and connectivity; offering targeted digital literacy and citizenship programs; helping technology industry partners embed child-centric safeguards into their platforms; and empowering children to advocate for their rights in the digital world.
The Young & Resilient Research Centre at Western Sydney University is an Australian-based, international research centre that unites young people with researchers, practitioners, innovators, and policymakers to explore the role of technology in children’s and young people’s lives and how it can be used to improve individual and community resilience across generations.
Safe Online is the only global investment vehicle dedicated to keeping children safe in the digital world. Through investing in innovation and bringing key actors together, Safe Online helps shape a digital world that is safe and empowering for all children and young people, everywhere. The Tech Coalition Safe Online Research Fund, which funded the research, is a groundbreaking collaboration fuelling actionable research and bringing together the tech industry with academia and civil society in a bold alliance to end online child sexual exploitation and abuse.
Governor Kathy Hochul today announced that President Biden has approved her request for a Major Disaster Declaration to provide federal assistance to communities impacted by Tropical Storm Debby on August 8-10. This declaration allows for federal financial assistance to support public infrastructure reconstruction efforts in Allegany, Broome, Delaware, Essex, Franklin, Jefferson, Ontario, Steuben, St. Lawrence and Yates counties.
“The effects of Tropical Storm Debby caused extreme damage across parts of New York last month, and I’m thankful President Biden has approved my request for a Major Disaster Declaration,” Governor Hochul said. “My administration will continue to work with FEMA to ensure those affected receive the critical funding they need to begin the recovery and rebuilding process.”
A Major Disaster Declaration secures financial assistance from the federal government, primarily through FEMA’s Public Assistance Program, and provides funding to local governments and eligible non-profits for debris removal, protective measures, and repairs to buildings and infrastructure, including roads, bridges, water and wastewater treatment facilities, critical infrastructure sites, schools, parks and other facilities.
As part of the declaration, New York was also granted access to FEMA’s Hazard Mitigation Grant Programs. Following a Presidential disaster declaration, FEMA provides funding for states to administer grant programs supporting local hazard mitigation planning and long-term hazard mitigation measures to reduce the loss of life and to improve property damaged by natural disasters. Local governments and certain non-profits that perform government-like functions are eligible to apply for these grants. All counties in the State will have the ability to apply for this funding. More information will become available in the coming months.
In advance of the storm, Governor Hochul directed State agencies to ready emergency response assets and stay in real-time communication with local governments to monitor weather impacts and respond to requests for assistance. After the storms, Governor Kathy Hochul announced grants of up to $50,000 to be available to eligible homeowners in Allegany, Delaware, Franklin, Steuben and St. Lawrence Counties to address health and safety-related repairs not covered by insurance or other disaster relief programs.
Representative Nick Langworthy said, “Seeing the damage up close in some of the hardest hit areas, it became clear how essential federal assistance was for these communities to recover, and I was proud to be a vocal advocate for the Southern Tier throughout this process. With homes, businesses, and key infrastructure severely impacted, this Major Disaster Declaration will allow people to rebuild their lives. Now that this assistance is in place, we can focus on helping our neighbors get back on their feet after such a devastating storm.”
Today, Prime Minister Justin Trudeau met with European Commission President Ursula von der Leyen on the margins of the 79th session of the United Nations General Assembly.
The leaders highlighted the close relationship between Canada and the European Union (EU) and the importance of continuing their collaboration on shared priorities, such as economic security, sustainable development and global stability.
The Prime Minister and the President discussed the need for action on climate change, carbon pricing and industrial decarbonization. They emphasized the critical role the private sector can play in driving innovation and accelerating investment to support the clean energy transition.
The leaders exchanged views on pressing geopolitical issues. They reaffirmed their unwavering support for Ukraine in the face of Russia’s unjustifiable war of aggression and stressed the importance of promoting lasting peace and security in the Middle East.
They also reaffirmed their support for Haiti, and highlighted the decisive steps taken to restore peace and stability there. Prime Minister Trudeau stressed the need for additional support to the United Nations-authorized Multinational Security Support Mission to ensure its success.
Prime Minister Trudeau and President von der Leyen looked forward to continuing to strengthen the strong partnership between Canada and the EU, including through Canada’s G7 Presidency next year. The two leaders agreed to remain in close contact.
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EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.
New figures today show that underlying inflation has moderated substantially to its lowest level in more than thirty months and headline monthly inflation moderated substantially by 0.8 percentage points in August, returning to the RBA’s target band for first time since October 2021.
These are very welcome and encouraging numbers.
They show our policies are helping in the fight against inflation, but we’re not complacent because we know people are still under pressure.
Monthly inflation was 2.7 per cent in the year to August 2024, down from 3.5 per cent in July 2024. It’s now less than half the 6.1 per cent we inherited and less than a third of its peak.
Underlying inflation moderated to its lowest rate in more than 30 months. Annual trimmed mean inflation moderated to 3.4 per cent in the 12 months to August 2024, down from 3.8 per cent in July 2024 and 4.3 per cent at the election.
Excluding volatile items and holiday travel, monthly inflation moderated to 3.0 per cent in August, down from 3.7 per cent in July.
Non‑tradable inflation was 3.8 per cent in the 12 months to August 2024, down from 4.5 per cent in July 2024 and much lower than the 5.3 per cent we inherited.
This shows we’ve made welcome and encouraging progress on inflation but we want it to moderate further and faster in quarterly terms as well.
Our policies are making a positive difference, but they aren’t the only factor that led to this result with underlying price measures also moderating in today’s figures.
This is a good result that shows we’re getting inflation under control but we’re not getting ahead of ourselves because we know it doesn’t moderate in a straight line.
The monthly figures can jump around which is why the quarterly data is the official measure of inflation, but the moderation in today’s figures is very heartening.
The quarterly data also confirms we’ve made welcome progress, with inflation half its peak and annual trimmed mean inflation having moderated for six consecutive quarters.
It’s encouraging to see the progress in today’s figures, particularly as we saw core inflation rise in multiple G7 countries just last week.
We recognise people are under pressure and we’re doing something about it.
We’ve delivered the first back‑to‑back surpluses in almost two decades which the RBA Governor has said are helping in the fight against inflation.
ABS data today again shows that inflation would be higher without our responsible cost‑of‑living relief.
Rents increased 6.8 per cent in the year to August but without our largest increase to Rent Assistance in 30 years, they would have increased 8.6 per cent.
Electricity prices fell 17.9 per cent in the year to August but without the energy rebates we are rolling out with the states, they would have decreased 2.7 per cent.
Our economic plan is all about easing the cost of living and fighting inflation without crunching the economy and today’s data confirms our policies are making a meaningful difference.
Source: United States Senator for Washington State Patty Murray
ICYMI: Murray Leads Congressional Democrats in Amicus Brief Urging SCOTUS to Affirm that EMTALA Requires Hospitals to Provide Emergency Stabilizing Care Including Abortion Care, Preempts Idaho’s Draconian Abortion Ban
ICYMI: Senator Murray Challenges Republicans to Join Democrats in Affirming the Right to Lifesaving Emergency Care for Women
ICYMI – FROM PROPUBLICA: Abortion Bans Have Delayed Emergency Medical Care. In Georgia, Experts Say This Mother’s Death Was Preventable.
***WATCH: SENATOR MURRAY’S FLOOR SPEECH HERE***
Washington, D.C. – Today, U.S. Senator Patty Murray (D-WA), a senior member and former Chair of the Senate Health, Education, Labor, and Pensions Committee (HELP), took to the Senate floor in an effort to pass her resolution, which simply expresses the sense of the Senate that every patient has the basic right to emergency health care, including abortion care, regardless of where they live. Murray’s resolution was blocked by Republican Senator James Lankford (R-OK), who falsely claimed that no doctors are prevented from providing lifesaving care because of Republican abortion bans and tried to misleadingly place the blame for Amber Thurman’s death on the rare side effects she encountered rather than Thurman’s doctors not providing immediate treatment as a result of Georgia’s abortion ban. ProPublica’s reporting made plain that—according to the state’s own medical review board—Amber Thurman’s death was preventable and doctors and researchers continue to make clear that medication abortion is safe.
Lankford also incorrectly claimed no women have been investigated or criminalized following a miscarriage—a new report found that from June 2022 to June 2023 there was a record 200 cases where pregnant women faced criminal charges for conduct associated with pregnancy, pregnancy loss or birth.
“Let me be perfectly clear about what is happening,” said Senator Murray after Republicans blocked her resolution. “Here in America, in the 21st century, pregnant women are suffering and dying—not because doctors don’t know how to save them, but because doctors don’t know if Republicans will let them. There are skyrocketing maternal death rates in states like Texas. And as I spoke out on the floor last week—there are, at least, two women dead in Georgia today because of Republican abortion bans. Those kids are now growing up without a mother. That is the harsh reality. Republicans can’t ignore that. Donald Trump can’t shout over it. And the American people will not—ever—forget it.”
Since the overturn of Roe v. Wade over two years ago, nearly two dozen US states led by Republicans have passed, banned, or severely restricted access to abortion. These strict laws have created confusion around the treatment doctors can provide even when a pregnant patient’s life is in danger, as physicians fear that they may lose their medical license, be sued, or even charged with a felony if they perform life-saving emergency care. Despite the federal Emergency Medical Treatment and Labor Act’s (EMTALA) requirements that Medicare-participating hospitals treat and stabilize pregnant patients in need of emergency medical care, women are being turned away from emergency rooms following the Dobbs decision.
In Moyle v. United States, the U.S. Supreme Court had the opportunity to reaffirm that federal law requires pregnant patients to have access to life-saving emergency care in every state, but instead, the Court dismissed the case and sent it back to the lower courts, effectively punting on making a decision on the case itself. While the litigation continues in the Ninth Circuit Court of Appeals, the health and lives of women remain at risk as uncertainty around emergency abortion care persists. 121 Congressional Republicans, including 26 Senators, filed an amicus brief arguing that EMTALA does not require hospitals to provide abortion care as emergency stabilizing care in order to save a patient’s life.
Senator Murray is a longtime leader in the fight to protect and expand access to reproductive health care and abortion rights, and she has led Congressional efforts to fight back after the Supreme Court’s disastrous decision overturning Roe v. Wade. Murray has introduced more than a dozen pieces of legislation to protect reproductive rights from further attacks, protect providers, and help ensure women get the care they need; Murray has led efforts to push for passage of these bills on the floor multiple times. Senator Murray also co-leads the Women’s Health Protection Act, which would restore the right to abortion nationwide. This January, Murray led her colleagues in hosting a “State of Abortion Rights” briefing with women who have suffered firsthand from Republican abortion bans. On June 4th of this year, Senator Murray chaired a HELP Committee hearing titled “The Assault on Women’s Freedoms: How Abortion Bans Have Created a Health Care Nightmare Across America.” Recently, Murray also helped lead efforts to force Republicans on the record on votes to protect access to contraception and access to IVF (twice). Murray has also led her colleagues in raising the alarm about how a second Trump administration intends to wage an all-out assault on reproductive rights and abortion access in every state, as outlined in Project 2025.
Senator Murray’s full remarks, as delivered, before seeking unanimous consent are below:
“I come to the floor to offer a simple resolution, one that reaffirms the basic principle that when you go to the ER, the emergency room, they should be allowed to treat you. When your life is in danger, doctors should be able to do their job. When you need emergency care—including an abortion—no politician should stop you from getting it.
“Now this seems incredibly simple to me. It should not be controversial. Especially if everyone who talks about protecting the life of the mother seriously means it.
“After all—that is what emergency care is for—saving the life of the mother.
“And yet, when the Biden-Harris Administration tried to make clear that these women should get care, many Republicans actually opposed them. I really want to emphasize—we are talking about women whose water breaks dangerously early, or who are experiencing uncontrollable hemorrhaging, sepsis, or pre-eclampsia.
“And still, Republicans actually filed a brief in court saying essentially, ‘No, we DON’T think doctors should be required to provide abortion care when a patient’s life is at stake.’
“Their brief rejected the idea—that basic medical reality—of abortion as stabilizing care. That is really shocking to me. It should be shocking to everyone.
“After a brief like that—I am not going to let any of my Republican colleagues off the hook just for saying they care about the life of the mother…
“Not if they won’t lift a finger to actually protect women, and to actually make clear that emergency care can include abortion.
“We need to send a clear message on that. The Senate needs to speak with one voice and tell the American people, ‘Yes, we want to make sure your doctor can save your life. Your doctor can save your life.’
“And before my Republican colleagues get up to object, let me be clear: You will not get by pretending a resolution like this isn’t necessary—not when we are hearing firsthand from doctors wracked with guilt for decisions that Republican politicians made for them, not when we are hearing firsthand from women who have bled, suffered, and nearly died because their care was delayed, and certainly not when Texas saw maternal deaths skyrocket following its strict abortion ban.
“The data in Texas paints a clear, brutal picture of the reality: these abortion bans are killing women. Republicans are also not going to get by trying to shift blame and argue ‘emergency care is already protected.’ Because, the whole point of this resolution is to say emergency care is protected!
“So if you oppose the Senate actually SAYING that don’t you see how that could be part of the problem? Don’t you see how that could be very dangerous for women?
“And again, and I can’t emphasize this enough—if you don’t see, if you don’t understand—all you have to do is listen.
“Women are speaking out. Doctors are speaking out. They are terrified. They are heartbroken. They are angry. And they are watching right now, to see if we can pass this resolution and do the very bare minimum of saying, with one voice: ‘women have a right to get abortion care when their life is at stake.”
Senator Murray’s full remarks as delivered following Senator Lankford’s objection are below:
“I disagree with the Senator from Oklahoma. Let me be perfectly clear about what is happening.
“Here in America, in the 21st century, pregnant women are suffering and dying—not because doctors don’t know how to save them, but because doctors don’t know if Republicans will let them.
“There are skyrocketing maternal death rates in states like Texas. And as I spoke out on the floor last week—there are, at least, two women dead in Georgia today because of Republican abortion bans.
“Those kids are now growing up without a mother. That is the harsh reality. Republicans can’t ignore that. Donald Trump can’t shout over it. And the American people will not—ever—forget it.
“Every day we are going to continue to hold the people opposed to this accountable for the cruelty of these abortion bans. The fact is that the resolution that I offered simply says that doctors can provide emergency care for the life of the mother. I don’t understand where the disagreement is, M. President. And I hope that we can pass this and give doctors and women the confidence that when you are pregnant and having a severe emergency medical situation you’ll be treated. Thank you. I yield the floor.”
Source: People’s Republic of China – State Council News
The technological transformation driven by China’s large-scale equipment renewals will enable businesses to make significant strides in areas such as smart manufacturing, new energy and green technologies, further bolstering the country’s economic momentum, said government officials on Tuesday.
China aims to increase its investment in equipment for manufacturing, agriculture, construction, transportation, education, culture, tourism and medical care by at least 25 percent by 2027, compared with 2023, according to an action plan released by the State Council, China’s Cabinet, in March.
Complementing these efforts, the government allocated approximately 150 billion yuan ($21.31 billion) in ultra-long special treasury bonds in July to support large-scale equipment renewals, including updating old elevators.
Speaking at a news conference in Beijing, Liu Dechun, director of the department of resource conservation and environmental protection at the National Development and Reform Commission, China’s top economic regulator, said as new industrialization and urbanization continue to advance, the demand for upgrading various types of equipment is surging.
Liu said that accelerating the implementation of equipment renewal initiatives will effectively promote China’s industrial upgrading and foster the growth of new quality productive forces.
To drive the upgrading and renewal of energy-consuming equipment, the government will prioritize key sectors such as manufacturing, construction, transportation and energy. It will provide strong support for the modernization of high energy-consuming equipment, including boilers, motors, turbines, transformers, heat exchangers, pumps, compressors and lighting systems.
Projects that result in annual electricity savings of over 500,000 kilowatt-hours or energy savings of more than 150 metric tons of coal will qualify for support, extending benefits to more small and medium-sized enterprises, he added.
Large-scale equipment upgrade policies have notably supported investment growth. Investment in the purchase of industrial equipment and tools soared by 16.8 percent year-on-year in the first eight months of 2024, data from the NDRC showed.
This is 13.4 percentage points higher than the growth of total investment in China, accounting for 64.2 percent of the contribution to the nation’s overall investment growth, according to the commission.
Zhang Jianhua, deputy director of the department of planning at the Ministry of Industry and Information Technology, said that equipment renewal and technological transformation in the industrial sector are beneficial for expanding effective investment and increasing the proportion of advanced production capacity, offering both short- and long-term advantages.
The MIIT will encourage industrial companies to seize the opportunity provided by national policies supporting large-scale equipment renewals to carry out initiatives including upgrading advanced equipment, promoting digital transformation and advancing green equipment.
This will accelerate the renewal and transformation of production equipment and speed up industrial upgrading, said Zhang.
China’s centrally administered State-owned enterprises will also invest over 3 trillion yuan for large-scale equipment upgrades over the next five years, aiming to stay at the forefront of the latest technological and industrial advancements, the State-owned Assets Supervision and Administration Commission of the State Council announced in late July.
Chen Jianwei, a researcher at the Beijing-based University of International Business and Economics’ Academy of China Open Economy Studies, said these moves will help attract both multinational corporations and domestic companies from the private sector to increase their investments in these fields in China.
“They are likely to increase spending on promoting technological innovation, green and sustainable development, digital transformation and the circular economy within the country,” said Chen.
“We are confident of our development in China, which is the world’s largest elevator equipment market. We remain committed to supporting urbanization, smart cities, large-scale equipment renewals and sustainable development in the country,” said Sally Loh, president for China at Otis Worldwide Corp, a United States-based elevator manufacturer.
Source: United States Senator Kyrsten Sinema (Arizona)
The senator highlighted her ongoing work expanding opportunities to build a bright, prosperous, and thriving future for Arizona businesses and families.
WASHINGTON – Arizona senior Senator Kyrsten Sinema spoke to the Arizona Chamber of Commerce as part of the Chamber’s semi-annual fly-in to Washington, D.C. about her work to deliver real, lasting solutions strengthening economic opportunities for the state.
“My values are Arizona’s values, and I’ll continue working with anyone to get things done – no matter the challenge or the politics of the day – to build a bright, prosperous, and thriving future for our great state,” said Sinema.
In her speech, Sinema discussed her continued work bringing her colleagues on both sides of the aisle to fund Arizona priorities and ensure this year’s NDAA includes strong investments for Arizona’s military installations and aerospace defense community.
Through the senator’s leadership on multiple key bipartisan accomplishments – like her landmark bipartisan infrastructure law, and the CHIPS and Science law – Sinema secured and delivered historic investments fueling a healthy, resilient Arizona economy for families and businesses alike.
Earlier this year, at the Arizona Chamber of Commerce’s Annual Update from Capitol Hill, Sinema called on business leaders to put Arizona first. She encouraged the business community to be active participants in the legislative process, speak out and act against extreme policies and rhetoric, and follow her example of delivering durable results for Arizona.
The Commission on Judicial Selection announced today that it is recommending three candidates for consideration to fill the vacancy in Minnesota’s Eighth Judicial District. The vacancy will occur upon the retirement of the Honorable Thomas W. Van Hon. This seat will be chambered in Montevideo in Chippewa County.
Source: The Conversation (Au and NZ) – By Henry Maher, Lecturer in Politics, Department of Government and International Relations, University of Sydney
Negotiations over reforms to the Reserve Bank of Australia this week took an unprecedented turn when the Greens demanded the government use its reserve powers to immediately cut interest rates.
Labor had initially hoped to pass the reforms with the support of the Coalition. However, after a year of negotiations, they decided against it. Labor’s attempts to salvage the reforms by negotiating with the Greens now seem doomed to failure.
The Greens’ proposal that the government immediately cut interest rates might sound attractive, especially to the millions of mortgage holders struggling to service loans amid a cost-of-living crisis.
Yet government taking direct control of setting interest rates would run contrary to both long-standing historical trends and international financial norms, including the independence of the central bank.
Where did this independence come from?
The idea of central bank independence has a long history.
The classical political economist David Riccardo warned as early as 1824 that:
government could not be safely entrusted with the power of issuing paper money; that it would most certainly abuse it.
Even the authoritarian French emperor Napoleon Bonaparte claimed in creating the Banque de France that:
I want the bank to be more in the hands of the government but not too much.
However, for most of the 20th century, the commonsense view was that monetary policy was an important tool for government management of the economy. According to the Keynesian worldview of the time, it would be absurd for governments to give up such an important economic lever as control over interest rates.
Even Napoleon Bonaparte thought some degree of separation between the central bank and the government was a good idea. Shutterstock
The prevailing wisdom began to change following the stagflation crisis of the 1970s. Stagflation is the term for high inflation at the same time as high unemployment.
Neoclassical economists such as Milton Friedman argued that only repeated and long-term increases to interest rates could end the stagflation crisis.
However, Friedman suggested governments could not be trusted to maintain high interest rates because they would also cause unemployment. Accordingly, an independent central bank was needed. It would be insulated from partisan political control and could do what was necessary to stabilise the economy.
What about in Australia?
In Australia, central bank independence emerged slowly and informally.
The Reserve Bank of Australia was separated from the Commonwealth Bank and started independent operations in 1960. It set up its headquarters in Sydney to increase its autonomy from politicians in Canberra.
The RBA gained de facto independence from the government following financial deregulation under the Hawke government in the early 1980s. Subsequent declarations from federal treasurers Peter Costello and Wayne Swan affirmed the government’s recognition of RBA independence.
The government still maintains the power to overrule the RBA on interest rates, but this “emergency power” has never been exercised.
Why independence matters
Though central bank independence is generally associated with lower inflation, the historical performance of independent central banks is not without blemish.
For example, unemployment rates in Australia were historically lower prior to RBA independence. This reflects the willingness of the RBA to use higher unemployment as an inflation-busting mechanism.
Independent central banks were also partly responsible for the outbreak of the global financial crisis in 2007. Many commentators have suggested the then US Federal Reserve Governor Alan Greenspan’s decision to hold interest rates at artificial lows was responsible for the US sub-prime housing bubble. That eventually unravelled into a global recession.
However, the Greens’ attempt to use an interest rate cut as a negotiating chip ironically reinforces the importance of central bank independence. Were governments to take direct control of setting interest rates, we might expect monetary policy to be influenced by short-term electoral concerns, rather than the long-term health of the economy.
Creating a precedent that interest rates could be cut to suit the government of the day would also have long-term inflationary effects.
Further, it would likely continue to drive up house prices. This would exacerbate the housing crisis.
In contrast, the initial reforms proposed by Labor look to strike a balance. They recognise the competing political interests involved in the development of monetary policy while avoiding partisan interference in the day-to-day running of the RBA.
Though the Coalition has raised concerns about Labor using the reforms to stack the RBA board, both the governor and board are already appointed by the government of the day, acting on the advice of the RBA.
Finding a workable compromise that improves the bank while preserving political independence should be possible.
If the alternative is the complete abrogation of central bank independence, the Coalition would do well to return to the negotiating table.
Henry Maher does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: Hong Kong Government special administrative region
New yearbook “Hong Kong 2023” goes on sale (with photo) New yearbook “Hong Kong 2023” goes on sale (with photo) *****************************************************************
The Government’s latest yearbook, “Hong Kong 2023”, went on sale today (September 25). The online version is available for free at www.yearbook.gov.hk. The publication provides readers with an overview of life in Hong Kong in the year 2023, covering the administration, legislature, legal system and economy, detailing the Government’s policies and achievements as well as the development of Hong Kong. The cover illustration shows the National Day Fireworks over Victoria Harbour, held for the first time in five years. There are 10 photo sections with more than 100 pictures in the yearbook, exploring different aspects of Hong Kong in 2023, including the Hong Kong Special Administrative Region search and rescue team’s heroic operation in quake-stricken areas in Türkiye, a glimpse into the Sha Tau Kok Frontier Closed Area that has been gradually opening up to tourists, the beautification of the cityscape of Hong Kong, visits of the home-developed aircraft C919 and ARJ21 and a look at a China Manned Space delegation. “Hong Kong 2023”, priced at $450, is available at the online Government Bookstore at www.bookstore.gov.hk and the Information Services Department’s Publications Sales Unit at Room 626, 6/F, North Point Government Offices, 333 Java Road, North Point. Orders can also be placed by:
calling the Publications Sales Unit on 2537 1910; filling in an order form from the department’s website and submitting it online or by fax to 2523 7195; or emailing puborder@isd.gov.hk.
Ends/Wednesday, September 25, 2024Issued at HKT 11:03
This week the New South Wales government announced it would introduce legislation that ensures renters are offered convenient, fee-free options to pay their rent.
The announcement is just one of many state and territory reforms that aim to address issues arising from the use of rental technology platforms.
In recent years these platforms and the landlords who use them have come under fire for intruding on renters’ privacy and charging additional fees. While practices such as “rent bidding” have already been outlawed around Australia, governments are now starting to turn their attention to other harmful practices facilitated by new technologies.
Action on these issues is long overdue, and there’s much more that needs to be done to ensure rental technology platforms actually benefit consumers.
An expanding industry
A wide range of digital technology platforms are used to facilitate the use, trading, operation and management of real estate assets. A well-known example is AirBnb, a technology platform that facilitates short-term rentals by connecting hosts with guests.
The property technology industry in Australia is rapidly expanding. In 2023, there were more than 478 products, start-ups and established companies ranging from marketing tools to data analytics platforms. This was up from 188 in 2019.
A portion of these companies make services typically designed to be used by renters, real estate agents or landlords.
A major selling point of rental technology platforms is that they promise to streamline a range of processes. To renters, these technologies are billed as quick, easy and effective ways to submit property applications, request maintenance or pay rent.
People who struggle to access or use technologies may also find these platforms difficult to use. This makes it harder for them to access an essential service.
Some 41% of renters report feeling pressured to use a third-party rental technology platform to apply for a property. And 29% say they have opted not to apply for particular rentals because they do not trust rental technology platforms. This suggests that the use of these technologies may sometimes deter, rather than attract, applicants.
Additional fees
Over 30% of Australians rent their homes, a figure that continues to grow as people find themselves priced out of home ownership. Rising rents and the overall increase in the cost of living have put many renters under substantial financial pressure.
With this in mind, it’s concerning that some renters have found themselves with little choice but to use rental technology platforms that charge fees to process rental payments.
For example, renters using a popular platform called Alio are typically charged between 0.25% to 1.50% to make automated rental payments, depending on the method of payment they use. A rough estimate shows that a household paying the median weekly rent (A$627 per week) on a fortnightly basis might see themselves paying between $81.51 and $489.06 in additional fees each year.
As required by law, Alio does offer a fee-free option to pay rent. But this option is highly inconvenient: it requires renters to enter their bank details anew every month.
The fee-free options offered by some other rental technology platforms are equally inconvenient. They include paying rent in cash at the local post office.
For renters who have been asked to use a rental payment platform, this may mean spending additional time and effort every time they pay their rent to avoid paying additional fees.
The NSW government already requires lessors to offer fee-free ways to pay rent (similar protections are legislated in other states and territories). However, the key element of this week’s announcement is a commitment to making sure these fee-free methods are actually convenient. This should hopefully close the legislative loophole that is enabling these rental technologies to unfairly profit at renters’ expense.
While the draft legislation is yet to be seen, these reforms might see renters reverting to tried and tested payment methods such as bank transfers and bypassing rental technology payment platforms altogether.
Effective enforcement
Introducing laws that ensure renters have access to convenient, fee-free ways to make rental payments is a no-brainer. The next step is ensuring these laws are enforced effectively.
To achieve this, the regulator must be well resourced to carry out compliance and enforcement activities that ensure lessors and rental technology businesses comply with these protections.
Beyond these reforms, there is more work to be done to ensure renters are effectively protected from a range of harms that are created or exacerbated by rental technology platforms.
The key challenge for governments and regulators is to keep up with technological developments so they can identify and address issues as they arise.
Linda Przhedetsky is a Board Member at the NSW Tenants’ Union, and is a member of the NSW Fair Trading’s Industry Reference Group on Protecting Renter Information. She receives funding from the Australian Housing and Urban Research Institute.