19 Jan
2020

Trump makes racism ‘fashionable’ – LeBron

first_imgCleveland Cavaliers’ LeBron James. AP FILE PHOTOLOS ANGELES—Cleveland Cavaliers superstar LeBron James reacted swiftly Tuesday to US President Donald Trump’s repeated claim that there was “blame on both sides” in the deadly racial unrest in Charlottesville.“Hate has always existed in America. Yes we know that but Donald Trump just made it fashionable again!” James tweeted shortly after Trump angrily defended his controversial initial response to the white supremacist rally on Saturday that erupted in clashes with counter-demonstrators.ADVERTISEMENT View comments Don’t miss out on the latest news and information. James, who has long been outspoken about matters of race in America and endorsed Trump’s opponent Hillary Clinton for president, had tweeted his dismay at the events in Charlottesville over the weekend.“It’s sad what’s going on in Charlottesville,” James tweeted on Saturday. “Is this the direction our country is heading?“Make [America] Great Again huh?! He said that,” added James in a dig at Trump’s celebrated campaign slogan.While James has attempted to use his celebrity to combat racism, his wealth and fame haven’t made him immune.On the eve of the NBA Finals in June his house in an upscale Los Angeles neighborhood was daubed with a racial slur.ADVERTISEMENT Marcosian mode: Duterte threatens to arrest water execs ‘one night’ Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite Albay to send off disaster response team to Batangas Vilma Santos, Luis Manzano warn public of fake account posing as her End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend “Hate in America, especially for African-Americans, is living every day,” James said at the time.Sports Related Videospowered by AdSparcRead Next MOST READ LATEST STORIES Teen gunned down in Masbate 787 earthquakes recorded in 24 hours due to restive Taal Volcano 787 earthquakes recorded in 24 hours due to restive Taal Volcano Woods had marijuana, painkillers in system at arrest — report A suspected Nazi sympathizer plowed his car into a crowd of anti-racism demonstrators, leaving one woman dead and 19 injured.Trump’s reaction on Saturday, that there was violence “on many sides” provoked a backlash and on Monday he singled out the Ku Klux Klan and neo-Nazis involved as criminals.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’READ: Trump blames ‘many sides’ for violent clashes in VirginiaBut in an exchange with reporters at Trump Tower in New York on Tuesday, a clearly irked Trump again said that both groups were at fault in inciting violence and insisted that those who gathered to protest the removal of a statue of Confederate leader Robert E. Lee form a park were not all racist. Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ 2 nabbed in Bicol drug stingslast_img read more

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14 Jan
2020

ADB Report Explores Africa’s Delayed Growth

first_imgThe 2015 African Economic Outlook report a flagship publication of the African Development Bank (AfDB), says that while African economists are optimistic that the continent’s economies would grow by 5% in 2016, they are also concerned that lower oil and commodity prices, uncertain global conditions, the consequences of the Ebola outbreak in West Africa and domestic political uncertainties in some countries could delay growth dated back to 2008.The report was released yesterday to African heads of states, AfDB’s Board of Governors and stakeholders who converged in Abidjan, Cote d’Ivoire for the AfDB 50th Annual Meetings. Although the report indicates that human development levels in Africa have increased since 2000, with 17 out of 52 countries reaching middle or high levels of development, the region’s poverty rates remain stubbornly high while progress in health, education and income are uneven.“Huge inequalities persist between and within countries, and between women and men. In many areas, low productivity and investment, the absence of infrastructure and rural-urban networks and too few jobs outside of the agricultural sector are holding back economic and development progress,” the report notes. Foreign direct investment (FDI) is forecast to reach USD 73.5 billion in 2015, underpinned by increasing Greenfield investment from China – which remains Africa’s largest trade partner after the European Union. The report also shows an increase in intra-African and outward FDI flows. South African companies are the leading investors on the continent. “African countries have shown considerable resilience in the face of global economic adversity. For future growth to be sustainable and transformative will require that its benefits are shared more equitably among the population and that governments continue to pursue policies that promote economic stability,” stated Steve Kayizzi-Mugerwa, Acting Chief Economist and Vice-President of the African Development Bank. Opposite Sides of ‘Growth’According to the report, the continent’s demographic boom is exacerbating these challenges. By 2050, both cities and rural communities in Africa will see their population grow drastically, with the countryside gaining an estimated 400 million people. For instance, the report states that over the next 15 years, 370 million youth will enter sub-Saharan Africa’s labour markets, making it necessary to create many more jobs and opportunities for savings and investment. In addition, that population growth, combined with climate change, will exert increasing pressure on natural resources, such as food, water and land. At Liberia’s level regarding city population growth, over 1 million people are concentrated in Monrovia while thousands are in smaller cities including Gbarnga, Ganta, Kakata and Buchanan.The report argues that past efforts to promote regional development through territorial management, infrastructure development and decentralization have been scattered and had limited impact. As a result, the potential of Africa’s regions, which includes river basins, border areas and key rural-urban corridors, remains unfulfilled.“African economies could benefit from mobilizing the wide and extraordinary untapped potential of their diverse regions. Putting people and places at the centre of policy-making may improve Africa’s competitiveness and the well-being of Africans” said Mario Pezzini, Director of the OECD Development Centre. Ways ForwardSuggesting ways forward, the African economic experts say transforming economies will require exploring more productive sectors, through promoting manufacturing, developing services, creating strategies for green growth or modernizing the agricultural sector.In addition, tackling spatial inequalities would require implementing policies that cut across sectors. These include diversifying rural economies and linking them with cities, through the promotion of value chains and trade corridors. They also include unlocking domestic financing, developing transport and communication and investing in basic social services. “Inclusive and sustainable growth is a fundamental aspect of Africa’s post-2015 development agenda for economic and social transformation,” said Abdoulaye Mar Dieye, the Director of the Regional Bureau at the United Nations Development Programme (UNDP). “We need to invest in building economic opportunities, including at the local level. And especially those young women and men who are the architects of tomorrow’s Africa.”The report calls for strengthening skills and education, addressing exclusion through the development of targeted social protection measures, and promoting universal access to sustainable energy and technology. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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14 Jan
2020

Rubber Expert Leaves Liberia with more Value for Farmers

first_imgWith the global price of natural rubber having declined more than half its normal rate over the past year, literally crippling the value of one of Liberia’s chief economic staples, the intervention of Dr. LMK Tillekeratne, a well-known international rubber expert hired by GROW-Liberia, may not have been more timely. Dr. Tillekeratne was contracted by GROW-Liberia in April to provide technical assistance to introduce Ribbed Smoked Sheets (RSS), a value-added processed form of rubber. He spent the last two months preparing training manuals, and training rubber farmers in the production of quality RSS as well as improved exploitation of latex, and farm management. RSS are coagulated (gooey, viscous) rubber sheets processed from fresh latex. Different grades of RSS can be used for manufacture of products for automobile tyres or general products on the low end, and medical, pharmaceutical and engineering on the high end. While in the country, he trained and provided knowledge and information, alternative sources of revenue or sales channels for rubber as well as other channels that connect smaller farmers to firestone or to other rubber-related companies.During a farewell ceremony held in his honor yesterday, Dr. Tillekeratne provided an exit debriefing for all interested stakeholders about his findings, observations and activities on rubber farming in Liberia.While here, Dr. Tillekeratne met with a broad representation of rubber sector stakeholders, including the government, banks, the Rubber Planters Association of Liberia (RPAL), Business Cluster Developers (anchor businesses) and smallholder rubber farmers.On June 22-26, he conducted a major RSS production training event at the Learning Center at Bright Farm in Kakata. Approximately 75 rubber farmers and stakeholders attended the five days event. The training highlighted the collection of latex and the production of RSS, mixing, bulking, drying, smoking and packaging. The training will be replicated in the future at two other Learning Centers in Bomi and Bong counties.For his part, Stanford Peabody, Portfolio Manager of Grow Liberia thanked Dr. Tillekeratne for the opportunity and said that the debriefing was another form of awareness on RSS for farmers.GROW is a private sector development initiative operating in Liberia to promote pro-poor economic growth and stability through partnerships with Government and private companies. The programme is a 5-year Swedish International Development Cooperation Agency (SIDA)-funded market development initiative that employs the ‘Making Markets Work for the Poor’ (M4P) approaches. In addition to promoting the increased profitability of smallholder farm operations, the programme seeks to contribute to sustainable growth and stability, with a particular emphasis on women and youth and the environment.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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