May Day Rally: Leadership renewal most critical issue in next GE, says PM Lee Hsien Loong
Published on May 1, 2015 10:53 AM
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Thousands march in Europe against US-EU free trade pact
AFP News – 13 hours ago
ricky l • Remove
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The trade pact will definitely result in a bigger market and will be good for business.Reply
But will also introduce more intense competition - that will result in business restructuring, market rationalization as the protection cover is lifted - some business may fail and will lead to job loss or business under more intense competition will also have to release staff.
But it also mean with bigger market, business will grow and will require more staff.
In short term, some business may go bust and workers will lose jobs. In longer term, with bigger market, there will be more opportunity that result in more business growth.
Thus to ease the short term pain of some business going bust or some workers being retrenched and lose their jobs - Government will have to actively step in to match retrenched staff and workers to job - in job growth area.
Only then, there will be less resistance to the trade pact.
To summarise, Government will have to actively market, promote and reassure their citizens and residents that "no one will be left behind" in this trade pact. All workers will be taken care off.
This is especially true that not everything can be left to "invisible hands" or "laisse faire" - Government intervention at the right place, at the right time will be required.
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Richard • Report Abuse
Easier said then done. The fact is free trades will profit businesses that have more freedom to move their factories else where, and not workers who have no choice but to stay in the county with less job opportunities and have to compete with foreign low cost labors.
All the government talk about sharing the wealth, helping workers to retool, are just talk. In the end, it's the business owners, stock holders, and people with connection who will profit from free trade.
Free trade is simply a mechanism to redistribute wealth, and it's clear where the wealth will be distributed to, that's the people that are already wealthy and with flexibility to profit around the globe, and not your average worker who have no mobility, no flexibility and no quick way to update skills and experience.
Saturday, April 18, 2015
Australia FM hails Iran effort to defeat IS
AFP News – 4 hours ago
ricky l • Remove
Yes IS can be defeated.Reply
Satanic cult cannot be allowed to terrorise human mankind.
IS must give up their ideologies, their organization and their terror operations.
Else the World cannot rest on their laurel because if Satanic cults are not neutralize, surrender and repented, World Community enforcement and protection units must go to get them so that they will have no sanctuary to hide and promote terror.
China's struggle for water security
By Giles Hewitt | AFP News – 10 hours ago
ricky l • Remove
There are 5 ways to ensure water security.Reply
(1) Look for new or alternative water sources
(2) Sustain existing water sources
(3) Recycle used water sources
(4) Refrain from wasting or polluting water
(5) Engineer to direct abundant water sources into inaccessible area (eg. sea, ocean) with drainage system project and desalinate water.
Singapore has vast experience and technology in securing water security.
Russia's Putin says ready to work with United States - TV
Reuters – 2 hours 41 minutes ago
ricky l • Remove
Yes there is a need for Russia to work with US and for US to work with Russia on common agenda in World affairs.Reply
When 2 Elephants fight, many ants will get trampled.
The World is very big and working together will create spaces for one another to work together on prosperity, peace and security for the World.
There are still many hotspots around the Globe and when SuperPowers work together for common good - there will be lesser conflicts - that will damage trade, business, investment and less lives loss.
Middle East is one region that can be worked on to cool the tension and bring sanity back to the forefront.
Another front that can be worked on is Europe to cool tension and prevent future conflict.
Human lives are too short to engage in constant bickering and worst armed conflict.
Human lives should spend time in cooperative coexistence to build a better lives for their own people and for the good of other people in name of a holistic mankind ------ "I am OK, You are OK".
This will build more positive karma for self and collective karma.
Do not "slaughter one another - whether for religious cause or for projection of power" - other than to protect human mankind from harm. Because it will inherit negative karma.
Japan must apologise for WWII until it is forgiven: Murakami
AFP News – 19 hours ago
ricky l • Remove
When one clench a stone in the hand and don't let it go, one will not be able to grab something new, something worthwhile holding.Reply
When one let go of his old stone, then one is free to hold gems, food, friendship.
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