» 01/11/2017, 09.43
Kashmir, five months of revolt in 2016 "cost" 2.2 billion euro
Yesterday the first systematic study on the economic costs of the riots in July was presented. The human cost already known: about 100 deaths and 12 thousand wounded. The collapse of tourism, transport, crafts, small businesses. Students have completed only half of their curriculum.
17/11/2016 10:04:00 INDIA
Kashmir: after 133 days of revolt, separatists announce two day respite
Next weekend businesses and shops will reopen their doors. Even public transport can circulate. For four months, the separatists leaders have dictated the calendar of protests. Delhi authorities are "apathetic" about the issue of the Valley.
China facing rising unemployment
Thousands of factories have closed or closing down. The government is paying laid-off workers benefits to prevent street protests; it is also investing in domestic services. Coal’s “hidden” cost is coming to light as banks face non-performing loans worth 1.27 trillion yuan.
21/09/2006 CHINA UNITED STATES
Beijing and Washington to jointly discuss economic policies
The two sides plan to hold regular high-level meetings to discuss main economic issues. The announcement comes as US Treasury Secretary Henry Paulson starts his visit to China. Paulson, a "friend of China", is urging China to further open up its markets.
Pollution costs China US$ 175 billion a year
The Ministry of Environmental Protection found that pollution costs, not to mention health-related costs, have risen faster than GDP growth. At present, the authorities are unable to cope with the situation, which might get out of hand.
Rural-urban gap widening
Top 10 per cent owns almost half of all private assets. Urban incomes growing fast; rural areas get poorer as a result of land expropriation and soaring medical costs.
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