Category Archives: Analysis

Opinion: China’s Youth Has Sacrificed Freedoms, Now Learn To “Eat Bitterness”

For generations, the Chinese Communist Party has held on to power partly through an implicit bargain with its citizenry: Sacrifice your freedoms, and in exchange, we’ll guarantee ever-rising living standards.
That deal has not held up for today’s youths.
Opinion | Ignatius, Summers, Rampell, more discuss China's economy in  turmoil - The Washington Post

Until quite recently, China’s young people seemed poised to take on the world — and many of them appeared to believe they would. They’ve shown a streak of hyper-nationalism, stoked by the country’s leadership and reinforced by China’s growing economic and geopolitical strength.

China’s Gen Z came of age, after all, in the wake of the country’s accession to the World Trade Organization and amid a rapid rise in incomes.

President Xi Jinping has said young people must learn to “eat bitterness” (an idiom that roughly means to toughen up by enduring hardship). Today’s youths, leaders say, are not too good for manual labor or moving to the countryside — experiences Xi and his generation once had to endure.

China’s resilience after the financial crisis, particularly relative to the sluggish recovery across most of the West, suggested China and its citizens had nowhere to go but up. Political dysfunction in many of those same Western democracies, expertly exploited by Chinese propaganda, reinforced this perception.

READ MORE

Review: Taiwan’s Strategy To Repel Chinese Invasion

Wall Street Journal (August 15, 2023) – For decades, Taiwan has looked to its east coast as a safe haven to survive a Chinese invasion until allies, particularly the U.S., can arrive to assist.

Video timeline: 0:00 Taiwan’s current strategy 1:38 The problem 4:15 Taiwan’s reliance on allies

In the east, Taiwan’s rugged mountain terrain also helps create a natural shield in the event of an attack. But China’s PLA activity on the island’s east has thrown that strategy into question. WSJ takes a look at how serious China’s threats to Taiwan’s east coast are and explores whether the island needs to change its defense strategy.

Analysis: How Airbnb Is Rattling Housing Markets

CNBC International (August 15, 2023) – In the Italian city of Venice, the number of beds dedicated to tourists is now almost on par with the number of beds allocated to residents.

An electronic counter installed by activists in the city tracking this number illustrates the ever-growing demand for short-term rentals, popularized by the home-sharing platform Airbnb, which is now as popular as hotels. The short-term rental market is projected to be worth $228.9 billion in 2030, boosted by the rise of commercial operators.

But as the housing crisis deepens worldwide due to land and labor shortages, residents are questioning the impact of Airbnbs and second homes locally. “We have more than 7,000 apartments involved in this kind of system of short-term tourist rentals.

And now it’s very difficult for a young guy or a new family to find an affordable house to rent,” Dario Nardella, Florence city mayor, told CNBC. So what is the economic impact of Airbnb and short-term rentals? And can restrictions ease the crisis? Watch the video to find out.

#CNBC #Airbnb #Housingmarket

Opinion: The Biden China Strategy, Saudi Arabia’s Sports Push, Green EV’s?

‘Editor’s Picks’ Podcast (August 14, 2023) Three essential articles read aloud from the latest issue of The Economist. This week, why Biden’s China strategy isn’t working, Saudi Arabia’s plan to dominate global sport (10:20) and how green is your electric vehicle, really? (17:55).

War Analysis: How Ukraine Sank The Moskva – Russia’s Flagship Missile Cruiser

‘Editor’s Picks’ Podcast (1843 magazine August 7, 2023): A special edition of Editor’s Picks from The Economist’s summer double issue. This week, we take a deep dive into how Ukraine’s virtually non-existent navy sank the Moskva, Russia’s flagship in the Black Sea.

How Ukraine’s virtually non-existent navy sank Russia’s flagship

The Moskva was the most advanced vessel in the Black Sea. But the Ukrainians had a secret weapon, reports Wendell Steavenson with Marta Rodionova

Ukraine War: Importance Of ‘155 Artillery Shells’

Insider Business (August 6, 2023) – The US has sent Ukraine millions of 155mm rounds since the war started, including cluster bombs. But there’s a global shortage of 155 shells, and some are afraid that the US is depleting its stockpile. We visited the Scranton Ammunition Plant to see how common shells are made.

Video timeline: 0:00 Intro 0:52 Why 155s are so important in Ukraine 2:40 How 155mm shells are made 4:20 History of 155mm shells 4:53 Other expensive weapons NATO has sent Ukraine 5:51 How America is sending cluster bombs during shortage

Opinion: Burdens Of CEOs, Weather Guesses, The Gen Z Guerrillas Of Myanmar

‘Editor’s Picks’ Podcast (July 31, 2023) Three essential articles read aloud from the latest issue of The Economist. This week:  what to do about overstretched CEOs, how to better predict the weather (9:00) and we meet Myanmar’s Gen Z guerrillas (15:00).

Analysis: Ukraine’s Deadly ‘Storm Shadow Missiles’

Wall Street Journal (July 29, 2023) – Storm Shadow missiles equip Ukraine’s military counteroffensive with the ability to hit Russian targets more than 150 miles away with pinpoint accuracy.

Video timeline: 0:00 A weapon to help with counteroffensive 0:30 How Storm Shadow missiles work 4:31 Weaknesses 6:07 What’s next?

The weapon has three times the range of that on the HIMARS rockets in Ukraine, forcing Moscow to rethink its logistics. WSJ takes a look at how these long-range, deep-strike missiles work and why the Storm Shadow is equipped to take out key Russian command and control centers.

#Russia #Ukraine #WSJ

Analysis: Ukraine Drones Destroying Russian Tanks

Wall Street Journal (July 27, 2023) – Since the Ukrainian counteroffensive against Russian forces began, there’s been a dramatic increase in Ukraine’s use of FPV, or first person view drones to execute kamikaze-style attacks on Russian tanks, troop positions and other large-scale weapons.

Video timeline: 0:00 Increase in use of FPV drones 1:01 The kamikaze drone process 2:15 Destroying targets

The aim is to operate cheaply and to make the military less dependent on Western weapons. WSJ gathered dozens of videos from Ukrainian units on the frontlines, to break down how their drone teams execute these attacks on Russia’s military.

#Russia #Ukraine #WSJ

Analysis: Ukraine’s Tech Sector Leads ‘Drone War’

Financial Times (July 25, 2023) -From the production of cheap battlefield drones to AI-powered missile detection, Ukrainian tech start-ups, IT workers and volunteers have been developing military tech and putting themselves on the front line of the war effort

Video timeline: 00:00 Ukraine’s tech war 00:39 The growing tech sector 01:28 The tech start-up: Respeecher and AI voice cloning 03:35 The miltech start-up: Zvook and AI missile detection 05:32 A digitally-focused country 08:00 A fully-fledged drone war 09:06 The drone start-up 11:17 Drones: the growth of the market 12:41 Why drones? 14:13 Drones and the women’s veteran movement 16:00 Ukrainian resilience 16:30 Air Alert! Ajax Systems 19:30 It’s not just about drones 20:12 The anti-drone gun: DroneUA 21:04 Who’s winning the tech war? 22:45 The army of robots 23:36 A new Israel? 24:46 The war has changed us

#Ukraine #Fedorov #drones