Tag Archives: China

16Apr/23

What is in Zambia’s debt restructuring proposal sent bondholders?

April 16, 2023EconomyBankruptcy, China, Debt, Debt relief, Debt restructuring, Economy, Eurozone, External debt, Finance, Insolvency, International Monetary Fund, Money, Zambiaadmin

April 16, 2023 /Finance/ — If Zambia’s debt restructuring proposal is successful, it will help to improve the country’s economic outlook and create a more stable environment for businesses and investors. This will ultimately benefit the Zambian people by creating jobs, improving infrastructure, and providing access to basic services.

It is important to note that there are a number of risks associated with Zambia’s debt restructuring proposal. If the proposal is not successful, it could lead to a further deterioration in Zambia’s economy and could potentially lead to a default on Zambia’s debt.

Zambia sent a debt restructuring proposal to bondholders on April 14, 2023. The proposal includes the following key points: Continue reading →

15Apr/23

Why democratic countries around the world are not prepared to support Ukraine – and some are shifting closer to Russia

April 15, 2023Conflict and WarArgentina, Bolivia, Botswana, Brazil, Chile, China, Colombia, Countries, Creative Commons, Cuba, Cyril Ramaphosa, El Salvador, Gazprom, Germany, India, International relations, International relations theory, Jair Bolsonaro, Japan, Jose Caballero, Kievan Rus', Member states of the Council of Europe, Member states of the United Nations, Mexico, Moscow, Neutral country, Non-interventionism, Russia, South Africa, South Korea, Soviet Union, Ukraine, United States, Venezuela, Worldadmin

Jose Caballero, International Institute for Management Development (IMD)

After over a year of the Ukraine war, efforts at building a global consensus against Russia seem to have stalled, with many countries opting for neutrality.

The number of countries condemning Russia has declined, according to some sources. Botswana has edged towards Russia from its original pro-Ukraine stance, South Africa is moving from neutral to Russia-leaning and Colombia from condemning Russia to a neutral stance. At the same time, a large number of countries have been reluctant to support Ukraine.

Continue reading →

03Apr/23

Remarks by Vice President Harris and President Hichilema of Zambia in Joint Press Conference

April 3, 2023PoliticsAbuja, Africa, Annie Linskey, Beijing, Biden, BlackRock, China, Chris Megerian, Costa Rica, Countries, Donald Trump, Ghana, Hakainde Hichilema, Honorable Madam Kamala Harris, India, John Kennedy, John Lewis, Kamala Harris, Kenneth Kaunda, Lusaka, Martin Luther King, Masauso Mkwayaya, Michael Sata, Netherlands, Nigeria, Presidents of Zambia, Pretoria, Russia, South Africa, South Korea, Stephanie Kunda, Tanzania, United States, Vladimir Putin, Washington, Washington, D.C., Zambia, Zambia National Broadcasting Corporationadmin

State House
Lusaka, Zambia

3:37 P.M. CAT

ZAMBIAN OFFICIAL: Mr. Hakainde Hichilema, President of the Republic of Zambia; Honorable Madam Kamala Harris, Vice President of the United States of America; cabinet ministers present from both countries; members of the press; distinguished invited guests; ladies and gentlemen: Welcome to the press conference being held here at State House this afternoon.

And to begin the process, I now have the singular honor and privilege to call upon the President of the Republic of Zambia to deliver his remarks.
Continue reading →

13Mar/23

Pfizer Invests $43 Billion to Battle Cancer

March 13, 2023ReasearchAlbert Bourla, Antibody-drug conjugate, Antineoplastic drugs, Articles, ASTELLAS, Astellas Pharma, BOTHELL, brentuximab vedotin, Canada, Centerview Partners, Centerview Partners LLC, China, Chris Boshoff, David Caouette, David Epstein, Douglas, Genmab, Guggenheim Securities LLC, Health, Investment banks, Investor Call Details Pfizer Inc., Japan, Life sciences, Macau, Merck, New York, Pfizer, Pfizer Inc., Pharmaceutical industry, Sanofi S.A., SeaGen, Seagen Inc., Seattle, SULLIVAN & CROMWELL LLP, Switzerland, Taiwan, Takeda, United States, WACHTELL, LIPTON, ROSEN & KATZ, Washington, zai labadmin

Pfizer to acquire Seagen for $229 per Seagen share in cash, for a total enterprise value of approximately $43 billion
Proposed combination enhances Pfizer’s position as a leading company in Oncology
Seagen’s medicines, late-stage development programs and pioneering expertise in Antibody-Drug Conjugates (ADCs) strongly complement Pfizer’s Oncology portfolio
Seagen expected to contribute more than $10 billion in risk-adjusted revenues in 2030
Pfizer and Seagen to hold analyst and investor call at 8 a.m. EDT today

NEW YORK & BOTHELL, Wash.–(BUSINESS WIRE)–Pfizer Inc. (NYSE: PFE) and Seagen Inc. (Nasdaq: SGEN) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Seagen, a global biotechnology company that discovers, develops and commercializes transformative cancer medicines, for $229 in cash per Seagen share for a total enterprise value of $43 billion. The Boards of Directors of both companies have unanimously approved the transaction. Continue reading →

03Mar/23

Snooping on campaigners

March 3, 2023SecurityAdam Smith, Arshak Makichyan, Articles, Avi Asher-Schapiro, Beijing, Bogota, China, Closed-circuit television, Crime prevention, Diana Baptista, Disha Ravi, Facial recognition system, India, Internet privacy, Kim Harrisberg, Learning, María Quiñones Triana, Metaverse, Mexico, Moscow, National security, Peter Rest, Prevention, Rina Chandran, Security, Surveillance, Tanzania, Thomson Reuters Foundation, TikTok, Triana, United States, Video surveillanceadmin

By Kim Harrisberg | South Africa correspondent

From phishing traps to arrests based on their social media posts alone, activists from Russia to Uganda say they’re increasingly being watched for their online campaigning.
Continue reading →

23Feb/23

The EU’s AI Act – Innovations Vs Human Rights

February 23, 2023SecurityAcademic disciplines, Articles, Artificial intelligence, Artificial intelligence in healthcare, Brazil, Cameroon, Cannes, Central African Republic, China, Computational neuroscience, Cybernetics, Emerging technologies, Ethics of artificial intelligence, France, Qian Ji Data Co, Technology, Thomson Reuters Foundation, united nations high commissioner for refugeesadmin

Artificial intelligence (AI) technology is everywhere. Thanks to a lack of red tape, it’s transforming our homes, economies and cultures – from ChatGPT and virtual DJs, to facial recognition and predictive policing tools.

However, the rise of AI has also come at a significant cost. As we’ve discussed in recent weeks, AI often undermines our privacy, entrenches societal biases, and creates opaque systems that lack accountability.
Continue reading →

27Jan/23

The spy clause and the end of anonymity

January 27, 2023SecurityAnonymity, Canada, China, Computer networking, Computing, Cryptography, David Kaye, Digital technology, Hamilton, Human rights, Instant messaging, Internet privacy, Iran, Manchester, Mathew Ryder, Phil Bradley-, Rebecca Mackinnon, Russia, Samuel Woodhams Digital, Social networking services, Terms of service, Thomson Reuters Foundation, United Kingdom, Virtual private network, WhatsAppadmin

By Samuel Woodhams | Digital rights researcher and journalist

The long, turbulent history of UK’s Online Safety Bill can be traced back to 2017, with the publication of the Internet Safety Strategy green paper. Since then, the proposed legislation has gone through endless revisions, been delayed and, at times, looked like it might be dropped entirely. Continue reading →

19Jan/23

Digital welfare dystopia

January 19, 2023SecurityAtos, Australia, Brisbane, China, Crime prevention, Data mining, Internet privacy, Law enforcement, Lina Dencik, Machine learning, Manchester, Mass surveillance, Melanie Klieve, Melbourne, National security, Netherlands, Philip Alston, Prevention, Profiling, Qian Ji Data Co, Samuel Woodhams Digital, Security, Skills, Surveillance, Thomson Reuters Foundation, United Kingdomadmin

By Samuel Woodhams | Digital rights researcher and journalist

Algorithms to determine welfare payments and detect fraud are becoming standard practice around the world. From Manchester to Melbourne, peoples’ lives are being shaped by secretive tools that determine who is eligible for what, and how much debt is owed.

Although the technology has been around for some time, the outbreak of COVID-19 renewed enthusiasm for the digital welfare state and, for thousands of cash-strapped public bodies, the promise of increased efficiency and lower costs has proven irresistible.
Continue reading →

09Jan/23

Global economy 2023: why there will still be plenty of pressure on food prices in the year ahead

January 9, 2023EconomyAgriculture, Argentina, Articles, China, Creative Commons, Egypt, Energy crops, Europe, Famine, Food and drink, Food industry, Food politics, Food prices, Food security, India, Inflation, John Hammond, Moscow, Pakistan, Pricing, Russia, Ukraine, United Kingdom, Wheat, Yemen, Yiorgos Gadanakisadmin

John Hammond, University of Reading and Yiorgos Gadanakis, University of Reading

Welcome to this special report on the food industry, the fourth instalment in our series on where the global economy is heading in 2023. It follows recent articles on inflation, energy and the cost of living.

Continue reading →

22Dec/22

The 3rd APEC Women Connect Her Power Entrepreneurship Competition Announces 2022 Winners, Raising Profiles of Budding Women Entrepreneurs

December 22, 2022InnovationAsia-Pacific, Asia-Pacific Economic Cooperation, Australia, China, Continents, France, Italy, Malawi, Nigeria, Organizations, Philippines, Portugal, Spain, Thailand, United Kingdom, United States, Venezuela, Vietnam, Worldadmin

The 3rd APEC Women Connect “Her Power” Entrepreneurship Competition came to an end on December 16 with a livestreamed ceremony. Over four months, the competition engaged over 1,000 participants interested in social commerce from countries including the United States, the United Kingdom, France, Australia, Portugal, Spain, Thailand, Vietnam, The Philippines, Italy, Nigeria, Malawi, Venezuela, and China. Continue reading

Tag: China