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Saturday, March 10, 2012

Occupy protests in two Irish cities have been cleared in the last two days. Dublin’s Occupy Dame Street was cleared by police while the local council cleared the abandoned Occupy Waterford site.

The early hours of Thursday saw the Dublin site raided and cleared by Gardai (police). Gardai cited health and safety concerns over the camp, with St Patrick’s Day festivities planned. Irish tourism minister Leo Varadkar previously called it “disappointing” the campers would not move while the celebrations were ongoing. “I understand they feel very strongly about their politics but I’m sure they don’t want to damage the festival,” Varadkar said.

“[Our] priority is to ensure that all of St Patrick’s Day events and celebrations pass off smoothly and that all participants and the large crowds of spectators at the parade can access and egress the parade route without a risk or threat to their health and safety,” said a Garda statement. They claimed to have asked for “assistance and co-operation, however this was not forthcoming,” and said it took hours to clear the site. The clearance began at 3:30 am local time.

A single arrest was made but the individual was released without charge. Around 100 officers cleared the site, which almost filled the plaza before the Central Bank. Cleaners later cleared all signs of the camp. It had been in place since October, but pallets and solid structures replaced the usual tents of Occupy protests earlier this year in response to local weather. Fifteen people who had been staying overnight were removed.

“We are not stopping any time soon, it’s all hands on deck now, we are going to carry on”, vowed protestor Saoirse Bennet, who was on-scene when police arrived.

Waterford City Council yesterday dismantled the empty camp in their city while Gardai looked on. The quayside protest was abandoned after internal disputes; only two youths and a homeless person were found in the 5:30 am raid, but at one stage the protest had 40 residents. Gardai took the youths “home to their parents,” said a spokesman. “The people we found there had nothing to do with Occupy Waterford.” Needles and drugs were found, but nobody was arrested.

Occupy Galway may be the next to go: After months of tolerance, Galway City Council have claimed “serious health and safety concerns” justify legal eviction proceedings if the camp does not pack up voluntarily. John Walsh of Occupy Galway said the camp was lawful and would remain.

Saturday, November 26, 2011

At least three people died today and seventeen more were injured after a road bridge collapsed on the Indonesian island of Borneo. At least three cars, several motorbikes, and a public bus all fell into the Mahakam River.

The bridge was constructed from concrete roughly a decade ago to resemble California’s Golden Gate Bridge, and links the East Kalimantan towns of Tenggarong and Samarinda. Police say there is no indication of why it failed. Completed in 2001, work started in 1995 and locals called it “Kalimantan’s Golden Gate Bridge.”

The wounded have been hospitalised, some with broken bones. The scene at the bridge, in Kutai Kartanegara district, was filled with screams in the aftermath of the collapse. The suspension bridge was erected by state-owned builders PT Hutama Karya and one segment has fallen into the water. Some vehicles are close to entirely submerged, and Indonesia Today suggests as many as 100 people may be injured. One damaged car was left inverted and suspended above the water.

Harmoni Adi, head of a search and rescue agency, said “[t]he death toll is likely to increase,” after the 4:30pm local time collapse, with rescuers in Tenggarong searching the river for survivors. Some people swam ashore after falling from the structure, which spanned 700 metres. An eyewitness described heavy traffic on the bridge when it came down.

Saturday, May 21, 2005

In an effort to ease complaints by the U.S. and Europe about a heavy influx of low priced Chinese goods, China will raise export tariffs on 74 categories of textile products in June. This follows plans from the U.S. to impose quotas on Chinese textiles and clothing.

Products likely to see an increase from the Chinese move include synthetic fiber shirts, trousers, knit shirts and blouses, cotton shirts, and combined cotton yarn. Last week, similar restrictions were imposed by the U.S. on cotton trousers, knit shirts, and underwear. Currently, a 2.5 cent charge per item is imposed; the new tariff will raise this to the equivalent of 12 cents per piece now. While this is a fourfold increase, it is not expected to affect consumer prices. Because of this, some doubt the tariff will have any effect on correcting the trade imbalance.

This move is in response to U.S. trade quotas imposed due to concerns that increased Chinese goods would put U.S. textile manufacturers out of business. According to Auggie Tantillo, executive director of the American Manufacturing Trade Action Coalition, a textile industry group in the U.S., the move will preserve 10,000 U.S. jobs. The new U.S. trade quota will limit the growth of Chinese textile imports to 7.5 percent compared with shipments over the past year.

Prior to January 1, a global quota system helped regulate the trade. With the quota system gone, fears have arisen that a flood of Chinese goods could undercut U.S. competitiveness in the market. China is able to market its goods cheaply due to an artificially weak yuan. The U.S. Treasury criticized the China yuan policy as “highly distortionary”, posing a major risk to China’s economy itself and to global economic growth. They challenged China to revalue its currency to bring it to a level they believe will allow fairer competition between global manufacturers.

China has disputed the charges of the U.S. Treasury. Chinese Commerce Minister Bo Xilai said, “I believe they are not reasonable”.

Laura Jones, a representative of large retailers, also criticized the move, saying “These restrictions on imports from China will do absolutely nothing to help the U.S. textile industry — and the government knows it.”

China has seen a boom in economic growth in recent years due to growing trade surpluses with the West, but economists worry that the trade gap will cause longer term global economic problems. China’s textile and apparel exports are the most noteworthy example, with exports up over 1,000 percent in some categories this year and the rapid loss of marketshare and jobs by U.S. textile manufacturers.

Beginning in 1978, the Chinese economy has been transforming from a Soviet-style centrally planned economy to more of a free market style system, under the rigid political control of Communist Party of China.

To this end, the government has leveraged foreign trade to stimulate economic growth. The result has been a fourfold increase in GDP, making China the sixth largest economy in the world. By 2012 the People’s Republic of China may have the highest GDP in the world.

According to U.S. statistics, from 1999 to 2004 China’s trade surplus with the U.S. doubled to $170 billion. Wal-Mart is China’s seventh largest export partner, just ahead of the United Kingdom.

However, the gains from their “socialist market economy” have not been without problems. The Chinese leadership has often experienced the worst results of socialism and capitalism: bureaucracy, lassitude, corruption, and inflation. Inflation rates have been an on-going challenge, reaching as high as 17% in 1995.

Environmental deterioration is a longer-term threat to economic growth. In 1998, the World Health Organization reported that China had seven of the 10 most-polluted cities on Earth. Another concern among some economists is that China’s economy is over-heating, and due to its global economic expansion this could have major repercussions among other nations.

Typically, wages have been low and working conditions poor, with workers living in restrictive dormitories and working at boring factory jobs. However, recent labor shortages have started improving conditions, and raising the minimum wage towards the equivalent of 100-150 US dollars per month. The labor shortages are in part a result of a demographic trend caused by strict family planning.

• “Economy of the People’s Republic of China” — Wikipedia, May 22, 2005
• “China raises tariffs on textile exports. Beijing hoping to counter criticism from U.S., Europe.” — CNN, May 21, 2005
• “China to increase export tariffs” — CNN, May 19, 2005