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NEWS via CNN: Plugging China’s talent pool

March 20, 2014 // 0 Comments

Plugging China’s talent pool By Zarina Banu for CNN March 20, 2014 — Updated 0603 GMT (1403 HKT) Many are leaving China for reasons like education, food and wealth security and air quality. STORY HIGHLIGHTS China sees 8.5 million mainly middle-class living abroad with less than 10% moving in Paper in China calls exodus “the world’s worst brain drain” Hong Kong (CNN) — “Culture is not the main reason why most Chinese people leave. This is a romantic view. Most people leave China because of practical reasons like education, food and wealth security and air quality.” This is the view of Li Chen, who moved to Hong Kong from the mainland two years ago. A combination of pragmatism and aspiration led the 32-year-old Masters of Journalism student to leave. He said when his wife was offered the chance to relocate to Hong Kong, the timing for the couple was just right. The move allowed Li to pursue his passion for photography and will earn him [...]

NEWS via CNN: Crimea-Economic fallout of a ‘yes’ vote

March 16, 2014 // 0 Comments

Crimea: Economic fallout of a ‘yes’ vote By Alanna Petroff and Mark Thompson  @CNNMoney March 15, 2014: 7:54 AM ET Crimea is voting on Sunday in a referendum to decide if the region should break from Ukraine and join Russia.  LONDON (CNNMoney) The Ukrainian region of Crimea votes Sunday on whether to join Russia, a move that could tip Europe back into a Cold War with its powerful eastern neighbor. The West has called the vote illegal, saying Russian military activity in Crimea violates Ukraine’s sovereignty and will influence the outcome of the referendum. U.S. and European leaders say Russia will pay a price for annexing Crimea, and German Chancellor Angela Merkel has warned of a potential “catastrophe.” Related: Live coverage of the crisis in Ukraine If, as expected, Crimeans choose Russia over Ukraine, the fallout could ultimately affect economic growth, trade, investment and energy supplies. Sanctions: Western powers may move as early as Monday [...]

NEWS via CNN Money: 11 cities where workers are disappearing

March 14, 2014 // 0 Comments

NEW YORK (CNNMoney) Cincinnati, Cleveland and Dayton, Ohio The labor force has been shrinking in all of Ohio’s major cities other than its state capital, Columbus. Cleveland has lost 52,000 workers, or about 5% of its labor force, since November 2007, and Cincinnati lost 39,000 workers, or about 4% of its labor force, since May 2009, according to U.S. Bureau of Labor Statistics data. Job growth is anemic, particularly in Ohio’s main industry, manufacturing. Signs point to workers giving up, said Amy Hanauer, executive director of Policy Matters Ohio. “I think people are getting discouraged and leaving the labor market,” she said. Ohio lost 388,000 jobs in the financial crisis, and has since gained only about a fifth of them back. Phoenix and Tucson, Ariz. The fallout from the housing bust is still felt here. The construction sector slashed more than half its jobs in the crisis, and they’ve only started to trickle back in the last few months. But the [...]

NEWS via CNN: Where have India’s females gone?

September 13, 2013 // 0 Comments

Via: CNN. Where have India’s females gone? By Carl Gierstorfer, Special to CNN September 11, 2013 — Updated 2101 GMT (0501 HKT) Editor’s note: Carl Gierstorfer is a journalist and filmmaker with a background in biology. He has produced and directed documentaries for German public broadcaster ZDF, Discovery Channel and the BBC. His work on violence against women in India was supported by the Pulitzer Center on Crisis Reporting. His website is www.carlgierstorfer.com. (CNN) — The New Delhi rape case left the whole world wondering why India is treating its women so badly. In fact, discrimination against women already starts in the womb: India has some of the most distorted sex-ratios in the world. There are regions where fewer than 800 girls are born for every 1,000 boys. For many reasons Indian culture prefers sons. An expensive bride-price, or dowry, is only one of them. Carl Gierstorfer is a journalist and filmmaker, focusing on violence against women [...]
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