General Duke

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  2. Posted

    China's economy will be biggest in world by end of 2016, says leading international thinktank

     

    • Developing world to eclipse west as balance of power shifts

     

    Workers assemble LEDs in a factory in China's Sichuan province. Photograph: AP

     

    China will overtake the US in the next four years to become the largest economy in the world, says a leading international thinktank.

     

    The Paris-based Organisation for Economic Co-operation and Development (OECD) said China's economy will be larger than the combined economies of the eurozone countries by the end of this year, and will overtake the US by the end of 2016.

     

    Global GDP will grow by 3% a year over the next 50 years, it says, but there will be large variations between countries and regions. By 2025, it says the combined GDP of China and India will be bigger than that of France, Germany, Italy, Japan, UK, US and Canada put together. Asa Johansson, senior economist at the OECD, said: "It is quite a shift in the balance of economic power we are going to see in the future."

     

    Inequalities will persist, even though people in the poorest countries will see their income more than quadruple by 2060, with those in China and India seeing a more than a seven-fold increase. By 2060, the OECD says living standards in the emerging countries will still only be 25%-60% of the level enjoyed by those in the US.

     

    Global imbalances, which created the conditions for the crash of 2007, will continue to widen and reach pre-crisis levels by 2030, it said. In the short term, this is largely a cyclical effect of the financial crisis. So the US, which had a large budget deficit before the crisis, experienced a sharper downturn than China, which had a budget surplus.

     

    The OECD warned that rising imbalances could undermine growth. But, it said, if countries undertook more ambitious reforms with regards to labour and production, they could be reduced. Johansson said these could address how easy it was to hire and fire employees, or regulations around starting up a business and restrictions over foreign business investment.

  10. Posted

    Al hamdulilah, I have always found solace in the knowledge that most Somali's are related somewhat. I welcome Abdikarim Guled, its time that reer Abti found new leaders and moved away from the old failed guard. Abdullahi Cadow, Kimiko and Mohamed Farah were becoming quite a bore:D.

     

    Those who know me well, understand how much I love my family from the other side, and that includes Cadaado folks...

     

    Also leave MOOGE, he is a young man and is trying to understand things. He should know, nothing has changed, same folks in the same positions.

  11. Posted

    The President

     

    This government like all previous ones has a few weaknesses. The President seems to be surrounding himself with friends and relatives. His priority seems to be to consolidate “power” and gain influence.

    He is Abdiqasim returned and his admin seems to be a leaner Arta-2.0. He seems to be playing an obvious clan politics, the whole Dam-Jadiid or Dumb-Jadiid movement and organization is a step in the right direction. Even the unification of the clans of South Central is also good for the national interest. So far he has articulated an adequate vision and put together a small cabinet with the help of the PM.

     

    The Prime Minister

     

    The more I hear about the PM, the more I am pleasantly surprised. He has proven to be a maverick of sorts, not rash and bellicose as Farmaajo. He has played the cards well with regards to the cabinet and incorporating the likes of Cawil, CilmiMooge and Dr. Qassim into the team the President wanted. He is not against Puntland nor is a supporter of secession. The problem for Arta2.0 is that the PM is not Ali Khalif Galayr or Xasan Abshir. This man one hopes will be the revelation of this new government and will play a stabilizing force on the Dumb-Jadiid clanist warriors.

     

    The Cabinet

     

    Its absurd that a secessionist would be given the post of Foreign Minister. The question then, is Fowziyo Adan really a secessionist or an opportunist? However all opposition to secession and there are many, will have to get a clear answer from Madaam Minister and the President who appointed her.

    The inclusion of Fiqi & Qassim is a good one, I support Dr. Qassim, and she is a wonderful, highly skilled and nationalistic woman, who is a great example to our people regardless of gender.

    I am pleased that Cawil & Cilmi-Mooge are included in the cabinet, Cawil has many decades of experience and Cilmi-Mooge should have been given the defense portfolio but never the less should do well in his new capacity.

  12. Posted

    Abwaan;886079 wrote:
    And Fowzia is a shadow aunt of yours.
    :D

    I know it hurts, but my links are deep..:D Fowziyo's late husband (AUN) was a well respected member of my mothers side, thus shadow or not its not bad..

     

    Cawil. Ciilmooge or even Fowziyo matter not. On a personal level, I have far too many projects to care.

     

    However we shall wait and see how they handle certain issues. Secession is no laughing matter and its not good for any of us..

  14. Posted

    “Aad iyo aad ayaan u soo dhawaynaynaa wafdiga Michael Cevone safiirka Midowga Yurub u qaabilsan Somaliya, waa markii sadexaad ee Ambassador-ka iyo wafdigi uu hogaaminayo oo ka socda Midawga Yurub halkan ay noogu yimaadaan, imaatinkoodan maantana wuxuu noo leeyahay xiise gaar ah, waxaana halkan lagaga dhawaaqay macaawinadii ugu waynayd oo Midawga yurub uu Soomaaliya siiyo oo ah € 158 Milyan Puntlandna ay tahay qaybta ugu wayn qaybaha soomaaliya oo deeqdan ka faa’idaysanaysa iyadoo meelaha xooga la saarayo ay ka mid tahay Dawlad wanaaga, Taageerida Booliska, Amniga, Tababarka Maxkamadaha iyo Garsoorka, waxaa kaloo ku jira Tacliinta waxaa kaloo Puntland gaar u ah Mashruuca Deegaanka iyo maaraynta dhulka daaqsinta ah, aadna loogu dadaalayo wax soo saarka beeraha iyadoo Puntland loo arkayo in ay tahay meelaha ugu nugul xaga deegaankuna uu dhibaato badan ka haysto, meel bilaa wabi ahna ay tahay, roobabkii da’ayna ay dooxooyin badan ka dhagogeen, biyihii badnaa ee socdayna ay bada ku dareen Nuxunkii Ciida ee dhirtu ay ka bixi lahayd iyo daaqsinkii kaleba” ayuu yuri Madexweynaha dawlada Puntland mudane Cabdiraxmaan Maxamed Maxamuud Faroole.