Are the winds ready to change for the Pearson share price?

first_imgAre the winds ready to change for the Pearson share price? Karl Loomes | Monday, 24th February, 2020 | More on: PSON Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I like books. Physical, paper books. I like going into bookstores and spending time choosing in the old-fashioned way — looking on shelves and browsing those that interest me. I do this very rarely however, as I have a Kindle, and buy 99% of by books digitally. I am, of course, not alone –- this trend away from paper to digital books is a long-commented-on trend.But one area I have always thought physical books would have an advantage in has been what one would perhaps call the more academic type. One where colourful charts and graphics, perhaps even the layout of the content, is instrumental in this purpose of the book. In this view though, I may be alone.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Academic publisher Pearson (LSE: PSON) said last week that revenue form its US textbook business has fallen as sales to university students plunged 45% — the exact audience I would have thought still needed physical, paper books.Bad news, good newsPearson stated quite plainly that campus bookstores were buying fewer and fewer textbooks as students were increasingly switching to e-books and other digital media. This is of course a pain for Pearson’s traditional, core business, but it is also a trend it says it is now placed well to take advantage of.Seeing the writing on the wall, Pearson has been investing in and establishing a vast digital learning arm, which by revenue, it claims is the largest in the world. The company said that this latest drop in revenues, particularly from its student sales, is the “bottom of the valley”. For a change we all knew was coming, things may be looking up from here on in.Indeed outgoing CEO John Fallon said: “The ability for this to hurt us financially is now substantially less”. True, I suspect, though of course this doesn’t mean it will not be hurting it at all.On the academic publishing side, established firms such as Pearson have another clear advantage – while it may be possible to replace a printed academic text with one on a Kindle or iPad, it is not possible to replace it by Wikipedia or Google.In theory, the information may be out there, but as any student will tell you, the quality and reliability of an officially printed text is really the best way to research degree-level work. Pearson then, while suffering in its physical book sales, is in a prime position to make money in the digital field.Time to invest?The recent news dragged Pearson shares to an all-time low, which could offer a dip-buying opportunity, though I am still a little unsure. For one, while academic texts may only be replaceable by high-quality digital media, I suspect much of what Pearson currently publishes and produces will perhaps be more widely replaceable, if only by similar firms with a more established digital presence.Even without this, I think it likely that Pearson will be seeing other such sales figures in the coming year that will still be hurting its share price. I will be on the look out for a bottom here, but as of yet, I do not think we are quite there. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Our 6 ‘Best Buys Now’ Shares Karl has no position in any of the shares mentioned. The Motley Fool UK has recommended Pearson. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Simply click below to discover how you can take advantage of this. Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Karl Loomeslast_img read more

Stock market rally: a once-in-a-lifetime opportunity to get rich?

first_img Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Stock market rally: a once-in-a-lifetime opportunity to get rich? Image source: Getty Images I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. 5 Stocks For Trying To Build Wealth After 50 Roland Head | Monday, 16th November, 2020 Last week’s news that the Pfizer Covid-19 vaccine has been successful in trials triggered a big stock market rally. As I write, the FTSE 100 is up by 15% in a week.That’s unusual. I think this shift in sentiment could mark the start of a much longer rally as the global economy gradually starts to recover. For investors, I think this could be a great opportunity to build stock market wealth and, perhaps, even retire rich.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Of course, there are no certainties, and we may still be a long way from a return to pre-Covid normality. But with testing and vaccines, I think the route back to normal is clearer than it was before.The secret to success?US billionaire Warren Buffett once said that “very successful people say ‘no’ to almost everything”. Buffett’s record of only making new investments very rarely suggests he follows his own advice. Even during this year’s crash, the ‘Oracle of Omaha’ has only made a few big trades.I believe there’s a lesson here for investors who want to buy shares for the stock market rally. I don’t expect all stocks will perform well, even if we do get a strong stock market rally. In my view, the secret to success will be buying the right companies at the right time.Stocks I’m avoidingThere are two areas of the stock market I’m taking care to avoid. I think investors in these shares could be disappointed over the next year.One of these areas is US technology. Many of the big tech stocks have delivered a stock market rally of their own this year, generating big profits for shareholders. I think most of these firms will hold on to the new customers they’ve acquired in 2020, but I expect their growth to slow next year. In my view, this is likely to limit further share price gains — at least for a while.The other sector of the market I’m avoiding are turnaround stocks that have only survived this year by borrowing huge amounts of cash. I’ve written about two such firms recently. Even though these businesses may make a strong recovery, I think shareholder returns are likely to suffer as management will be forced to focus on debt repayment.Shares I’m buying for the stock market rallySo where am I investing my cash? Firstly, I’ve been looking for UK companies that are out of favour, but in good shape financially.Typically, these have been consumer goods or industrial companies. Their profits have dipped this year, but they’ve not needed any extra funding and are in good shape to deliver a recovery.I believe buying shares in these firms at depressed prices will give me a margin of safety. This should provide some protection if the economy remains sluggish for longer than expected.The second type of company I’ve been looking for are high performers which have historically been too expensive for me to buy. These have mainly been in the financial and technology sectors. Again, I’m happy to be buying these at lower valuations for my long-term portfolio. I think they’ll return to their winning ways when the world gets back to normal.center_img Simply click below to discover how you can take advantage of this. Click here to claim your free copy of this special investing report now! Roland Head has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. See all posts by Roland Headlast_img read more

Cairnhill Road Conservation Terrace House / RichardHO Architects

first_imgArchDaily 2010 Cairnhill Road Conservation Terrace House / RichardHO ArchitectsSave this projectSaveCairnhill Road Conservation Terrace House / RichardHO ArchitectsSave this picture!© Vineyard ProductionHouses•Singapore photographs:  Vineyard ProductionPhotographs:  Vineyard Production+ 12 Share Houses 2010 Architects: RichardHO Architects Year Completion year of this architecture project “COPY” Singapore Save this picture!© Vineyard ProductionWe retained the building envelope and reconfigured the layout to create a single, seamless living-dining-kitchen volume, taking special care to maintain the hierarchy of space so central to the design of pre-war shop house. The resultant scheme is a distinctly modern take on a traditional shop house. It received an instant stamp of approval from the owners. “I love the fact that when you enter, you can see straight through the back, but know that the various areas are designed for specific purposes,” says the owner. Save this picture!© Vineyard ProductionTo recreate the shop house essence, we redefined two characteristic features of shop house architecture – the skylight and the air well. To emphasise the importance of this space as the fulcrum of the house, we introduced a water feature and koi pond and made the staircase wind around this water feature. Where the air well was once exposed to the elements, it is now equipped with a retractable glass roof and independently operated blinds that reflect 75 percent of the heat back into the atmosphere, keeping the internal temperature comfortable. Depending on the extent to which the blinds are retracted, the time of the day and the intensity of the sun, the shaft of light streaming in cast shadows in varied patterns. On moonlit nights, the glass roof can be fully retracted to take in the view. Save this picture!© Vineyard ProductionThe second storey has one wing housing the master bedroom and ensuite bathroom, and the other containing the nursery and daughter’s bedroom. We custom-designed and installed a series of child safety doors at strategic locations, which can be removed once the owner’s daughter comes of age. The master bedroom is a self contained volume reminiscent of a luxury hotel suite: a divider at the entrance doubles up as the bed’s headboard, while a bank of wardrobe in a high-gloss white finish line walls on either side. The piece de resistance is the master bathroom, with its view of lush greenery that whisk one away from the hustle and bustle of city life.  Save this picture!© Vineyard ProductionThe guest room on the attic level functions as the owners study when there are no visitors. Here, an enormous 4m high glass door and glass wall are used in place of the usual timber and brick counterparts. We wanted to enhance the sense of space. If you open the door, air can flow through and ventilate the space. Our rationale resonated well with the client, who picked this as his favourite room in the house. The room is large with high ceilings and a real ‘loft’ feel. Sitting at my desk, I can look down into the kitchen and my family room”, says the owner. A surprise awaits intrepid visitors who make the journey all the way up to the rooftop: an outdoor terrace with an infinity edge pool and a panorama of green, the same view shared by the master bathroom. Save this picture!© Vineyard ProductionThis is one of the most contemporary shop house we have done so far. But it has the unmistakable feel of a shop house, because we do not believe in creating space in a conserved house that does not have memories of its past. It would be like a person with amnesia. The owner agrees. “I love the clean feel and while the house is very modern, there is no question about its origins:, he says. Asked if the house suits his family’s need, the owner replies, “Very much so. There are spaces we can do things as a family, and there are spaces we can do things separately. It is great for entertaining but also quite intimate at the same time.” Save this picture!SectionALL COPYRIGHTS RESERVED by RichardHO ArchitectsProject gallerySee allShow lessBelvedere / MOVEDESIGNSelected Projects’Strange Utility: Architecture Toward Other Ends’ SymposiumEvent Share Photographscenter_img Cairnhill Road Conservation Terrace House / RichardHO Architects CopyAbout this officeRichardHO ArchitectsOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesSingaporePublished on April 17, 2013Cite: “Cairnhill Road Conservation Terrace House / RichardHO Architects” 17 Apr 2013. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogMetal PanelsAurubisCopper Alloy: Nordic RoyalGlassMitrexSolar GreenhouseLouvers / ShuttersTechnowoodSunshade SystemsFiber Cements / CementsRieder GroupFacade Panel – Terrazzo BlackStonesCosentinoSurfaces – Silestone® Basiq SeriesIn architectureSikaBuilding Envelope SystemsWoodLunawoodInterior ThermowoodWindowsswissFineLineSliding Windows – EvenMineral / Organic PaintsKEIMBlack Concrete – Concretal®-BlackSuspension SystemsMetawellAluminum Panels for Ceiling SailsDoorsECLISSESliding Door Opening System – ECLISSE Push&PullStonesMarini MarmiNatural Stone – Nuvolato di GréMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/360556/128g-cairnhill-road-richardho-architects Clipboard “COPY” CopySave this picture!© Vineyard ProductionText description provided by the architects. Our initial survey of the property revealed the building’s good bones. The house’s original condition was quite good but its configuration did not suit modern living. A primary concern was that the kitchen and bathrooms were located at the back of the house, away from activities of the living and dining rooms and inappropriate for entertaining. Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/360556/128g-cairnhill-road-richardho-architects Clipboard Projects Year: last_img read more

Village-based fundraising

Howard Lake | 16 May 2000 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Village-based fundraising Nick Wheeler Robinson describes how his small village got together to raise funds for a small community in Uganda. Read Diary of a fundraiser: into Africa in today’s The Guardian.  12 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis read more

Charities make top 1000 company list

first_img Three charities have made the annual Top 1000 Irish company list published by the Irish Times. Vocatonal training charity the Rehab Group and Third World charities Concern Worldwide and Trocaire have joined the list at numbers 242, 366 and 389 respectively. According to the company list Rehab Group had a turnover of ‚€159 million, Concern’s turnover was ‚€91 million while Trocaire had a turnover of ‚€83 million. Rehab, which specialises in training for people with disabilities, was the largest employer of the three with over 2700 staff. The largest company on the island of Ireland is building supplies company CRH, with a turnover of ‚€14.5 billion. In Northern Ireland the largest company is electricity supplier Viridian, with a turnover of £944 million. Advertisement Howard Lake | 29 May 2006 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  34 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Ireland Charities make top 1000 company listlast_img read more

Gift Aid to be reclaimed on donated mobile phones and cartridges

first_img  25 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Trading About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. This new initiative was hinted at by EBP when they presented at a recent UK Fundraising Perfect Pitch.London-based EBP now has a turnover of £25 million and collects waste printer cartridges and mobile phones from 12 countries, supporting over 50 charities.So far it has raised £350,000 for Tommy’s, the baby charity, and each year it raises around £500,000 for charities including Coeliac UK, Guide Dogs, PDSA, Save the Children, Stroke Association and the Zoological Society of London.Because of high demand for the cartridges it remanufactures, recently judged by Which? Magazine as “the only ones to match the quality of printer company brands”, EBP is always looking for new charity partners. For details contact David Alder or Sadate Shipkolye on 020 8838 6888.center_img Recycling service Environmental Business Products Ltd (EBP) has established EBP Gateway, a method that enables charities to reclaim Gift Aid on donated mobile phones and empty printer cartridges where previously it was not available.EBP’s charity partners can now claim Gift Aid on items that come to EBP via their supporters for recycling as part of the company’s fundraising schemes.There is no extra charge by EBP to facilitate this new option for charities. All the company asks is that their Freepost collection envelopes and boxes are distributed as widely as possible, and that charity supporters are encouraged to donate what otherwise would be thrown away. Advertisement Howard Lake | 21 September 2006 | News Gift Aid to be reclaimed on donated mobile phones and cartridgeslast_img read more

MBNA cards to benefit Irish charities

first_img Tagged with: Ireland About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  22 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis MBNA cards to benefit Irish charities MBNA, one of the world’s largest independent credit card companies, has selected three Irish charities for its affinity card scheme. The three charities are Concern, World Vision Ireland and the Dublin Society for the Prevention of Cruelty to Animals. Each of the charities are promoting the cards on their own websites, as well as MBNA promoting the scheme on their main site. For every account accepted and for every transaction made, MBNA will make payments direct to the charity, at no extra cost to the customer. The affinity card scheme is similar to the one run by MBNA in the UK Advertisement Howard Lake | 5 February 2007 | Newslast_img read more

Why the U.S. threatens China — as a new superpower

first_imgChina’s growth into the world’s second-largest economy is being evaluated by all the corporate media, reflecting debates in U.S. ruling circles and the U.S. top military command.They are forced to admit that most of their hopes and dreams that the Chinese government could be easily overwhelmed, and that Wall Street would find an open road into China, are now dashed by the reality of a stable government that seems to have wide mass support and growing prosperity.The New York Times Sunday edition ran a 20-page special supplement titled “China Rules” on Nov. 25. It begins with the admission: “The West was certain China would fail. Government-controlled economies stifle growth. Oppression smothers innovation. The Internet is an untamable force. A new middle class will demand a vote. None of these proved true. China is a superpower and it may soon surpass the United States. This is the story of how it got there.”Of course the whole supplement is full of self-congratulatory myths about the “democracy and freedom” of imperialist countries. But there is also recognition of 40 years of uninterrupted growth in China and that the country is on track to become the world’s largest economy. “Economic growth in China has been 10 times faster than in the U.S. and it is still more than twice as fast,” the Times states.It is an incredible accomplishment!More than 800 million people have been pulled out of dire poverty. This is a measure without precedent in modern history. The rate of extreme poverty in China is now less than 1 percent, according to World Bank studies. Yet China remains a developing country, because its per capita income is still a fraction of that in “advanced” countries.While opening the country to foreign capital investment, organized and centrally planned attention was focused on raising the economic level of the whole population, especially in rural and most underdeveloped areas.From an illiteracy rate of more than 80 percent at the time of the Chinese Revolution in 1949, illiteracy is now totally eliminated. China today produces more graduates in science and engineering than the U.S., Japan, South Korea and Taiwan combined.The billionaire deciders and power brokers of U.S. imperialism are totally hostile to the dramatic improvement in the lives of hundreds of millions of people in China. Whether this stunning growth will continue, despite U.S. imperialism’s determined effort to stop it with tariffs, a trade war and military encirclement, is now debated in ruling circles. Can they stop China?As the Washington Post explained: “The trade war isn’t about trade. The trade war is about the United States trying to contain China and counteract its rise.” (Sept. 24)Every economy in the world will be impacted. The Nov. 16 Asia-Pacific Economic Cooperation Summit in Papua New Guinea, with 10,000 delegates and guests, was so riled by the trade war, new tariffs and U.S. Vice President Mike Pence’s arrogant demands that diplomats could not even issue a closing statement. The Nov. 30 meeting of the Group of 20 in Argentina is under a cloud of uncertainty.Remembering past Western domination and humiliation, China is determined to defend its national sovereignty, both economically and now militarily. China has imposed its own tariffs on U.S. products. Confrontations are accelerating with U.S. warships carrying out aggressive “freedom of navigation” exercises in the South China Sea. The “pivot to Asia” is a major military reorientation of the Pentagon war machine to focus on China. Aircraft carriers with nuclear weapons, destroyers, nuclear submarines and Terminal High Altitude Area Defense missile batteries are being moved into place. U.S. demandsUnder the screen of diplomatic negotiations, just what are the fundamental changes in China’s policies that U.S. corporations and banks want?The Trump administration — and other major imperialist powers — want to reverse China’s industrial and development policies. Their terms seem abstract: ease restrictions on market access, end forced technology transfers for corporations setting up factories in China, respect intellectual property and patents, and weaken currency controls.For example, Trump accuses China of keeping its currency artificially low in order to boost its export industry. The value of Chinese currency, the yuan, is largely shut off to foreign speculators. Interest rates are set to help guide the economy.The hostility is sharpening. It is an all-out effort to fundamentally overturn Chinese economic policies put in place starting in 1978.Market socialism: a compromiseMarket socialism, or “socialism with Chinese characteristics,” is the compromise of maintaining a planned economy while opening up a market economy. It is described in China as a primary stage of developing socialism in an underdeveloped country.Since 1978 China has experimented with ways of attracting foreign investment and different forms of integration into the global capitalist market. They made deals with many Western corporations, while maintaining centralized control of the state apparatus. They also continued many forms of public, cooperative and social ownership.Special economic zones were established to lure Western technology. These zones, with thousands of labor-intensive factories and millions of workers earning low wages, were centers of capitalist exploitation that reaped enormous profits for the U.S. and other global capitalists. Private minority stakes in state firms were sold. The communes were broken up and land was leased. Many forms of small businesses were allowed.In recent years, through thousands of strikes and job actions, workers in China have won increased wages, social benefits and improved working conditions.There are many different views of this process and its future dangers for the socialist organization of society. But in almost all the deals with Western capital, China has insisted on keeping the technology and blueprints and demanded that Chinese workers be trained in operating and running the enterprise. This was a radically different deal than other countries had previously required. And while Western technology and funding of factories were welcomed, Western-funded political ideas, organizations, oppositional political parties and media were tightly monitored by the state and by the Communist Party.State-owned enterprises predominateWhat frustrates the capitalist class, far more than China’s incredible growth, is that the top 12 Chinese companies on the Fortune 500 list are all state owned. They include massive oil, solar energy, telecommunications, engineering and construction companies, banks and the auto industry. They receive state support and subsidies. (fortune.com, July 22, 2015)Chinese firms filled an unprecedented 115 places on the Fortune Global 500 list for 2017. There were only 10 Chinese firms on the list in 2000. The U.S. has trended in the other direction: from 179 firms in 2000, only 143 U.S. firms were in the top 500 in 2017.The U.S. is opposed to subsidies to state-owned enterprises and declares the subsidies an “unfair advantage.” They consider SOEs to be squeezing out the profits the global capitalists feel are rightfully theirs. They are enraged that SOE profits are plowed into developing and modernizing China’s most underdeveloped regions. This “unfair advantage” granted to state-owned industries is the primary reason given by the Trump administration for new tariffs on Chinese steel and aluminum. (industryweek.com, April 17)Both the Obama and Trump administrations and the World Trade Organization have opposed subsidies to China’s SOEs. This is sheer hypocrisy! The largest U.S. corporations are military contractors with billions in federal subsidies, but super-rich investors reap all the profits. Privately owned U.S. agribusiness has received decades of subsidies. Privately owned Wall Street banks received U.S. federal bailouts, a giant subsidy totaling $16 trillion, in the 2008 global financial crisis.It was during the 2008 crisis that the difference in who controls the state stood out in sharpest contrast. China saved and further strengthened its state-owned enterprises, while letting the privately owned and foreign-owned corporations fend for themselves.China’s internet is way aheadAn expectation of big capital globally was that the wide use of the internet would forcibly pry China open to Western pressure, ideas and propaganda. But China allowed Chinese innovators to compete in setting up privately owned but monitored internet companies. Today Alibaba, Tencent, Weibo, ByteDance, TikTok and Baidu rival Amazon, Google, Facebook and YouTube.Tencent, with 647 million active users, is the world largest online community. Alibaba is the largest e-commerce platform in the world.Smartphone payments in China are years ahead of those in the U.S. Chinese companies operate a cyberspace of creative short videos, podcasts, blogs and streaming TV. For example, WeChat has 889 million users who socialize, play games, pay bills and buy tickets all from the mobile messaging app.National laws on sexual harassment, workers’ rightsThe social gains in China are monumental, especially when compared to no rights, no education and no standing for women, and no rights for any workers or peasants, before the Chinese Revolution. As in every country, social gains, especially for women, are uneven and in continuing struggle.In China, many gains have been codified into national laws, rather than through piece-by-piece struggles against every corporate boss or laws passed state by state.The inclusion in China’s civil code of laws to curb sexual harassment in the workplace is ahead of what exists in the U.S. and most other countries.Included in the draft of the new civil code, presented to the National People’s Congress Standing Committee on Aug. 27, management and employers are responsible to take measures to prevent, stop and deal with complaints about sexual harassment. Victims can demand perpetrators “assume civil liability” for committing sexual harassment through words or actions or by exploiting someone’s subordinate relationship. (reuters.com, Aug. 27)The China Labour Bulletin states: “China has a comprehensive legal framework that gives workers a range of entitlements and protects them from exploitation by their employer. Workers have the right to be paid in full and on time, a formal employment contract, a 40-hour working week with fixed overtime rates, social insurance covering pensions, healthcare, unemployment, work injuries and maternity leave, severance pay in the event of contract termination, equal pay for equal work, and protection against workplace discrimination.“Workers also have the right to form an enterprise trade union and the enterprise union committee has to be consulted by management before any major changes to workers’ pay and conditions.” (clb.org.hk)Belt and Road Initiative threatens U.S. positionChina’s trillion-dollar Belt and Road Initiative provides infrastructure loans, equipment and training to countries in Africa, Asia and Latin America for a network of trade routes, with new rail lines, ports, highways, pipelines, telecommunications facilities and energy centers linking countries on four continents. It includes financing to promote urban planning, potable water, sanitation and food development. China is calling it the “plan of the century.” It is projected to be 12 times the size of the U.S. Marshall Plan, which rebuilt Western Europe after World War II.Imperialism is worried that China’s huge, unfolding global infrastructure projects could challenge the U.S.-led world order. Because the most powerful U.S. corporations are military industries, U.S. aid is built around enormous debt for military equipment purchases that are quickly obsolete. They are not able to match China’s development proposals. But U.S.-funded nongovernmental organizations and media outlets are waging widely publicized scare campaigns against these sorely needed development projects.Meanwhile, China is reining in a number of projects by Chinese capitalists who were seeking ways to move their profits outside of Chinese government controls through exploitative foreign investment schemes.Hands off China!Big debates will continue within the progressive U.S. working-class movement on the social character of the Chinese experiment in “market socialism.”It is valuable to study the impact of the global and internal capitalist market and a growing consumer society in China. The forms of socialist planning in the economy and in the culture hold lessons for the many developing countries.The social weight, legal status and inheritance rights of the millionaire, and now even billionaire, capitalists in China should be evaluated.The Chinese working class now numbers 623 million people. Its social weight and political consciousness are growing. Thousands of strikes and job actions have consolidated new gains in pay and working conditions. Its capacity to organize all future society will be decisive.There is much we don’t know about the ownership of the productive forces in China — by the state, by Chinese and foreign capitalists, and about the many forms of collective ownership of small industries at the provincial, city and rural township levels. A lot is in rapid transition.But in the final analysis, clarity and militant working-class solidarity are essential in opposing all threats to China from U.S. imperialism and its giant military machine.Opposing sanctions, economic threats, trade wars, increasingly hostile media lies and military encirclement by U.S. imperialism is not open to debate.Hands off China!FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Student mural unveiling December 10th at Ramey Market

first_img Previous articleWomen voters reflect on casting ballot for ClintonNext articleSizzle Reel (Ep. 13 – Christmas movies, Best/Worst of 2016 and more) William Konig RELATED ARTICLESMORE FROM AUTHOR Twitter Facebook + posts Review: ‘Love, Simon’ is actually a cute romantic comedy Twitter ReddIt Facebook Review: ‘Black Panther’ delivered even with high expectations printThe unveiling of a student produced mural meant to encourage healthy food and lifestyle will take place December 10th at Ramey Market.Students at Dunbar High School have been working on an art mural on the outside of Ramey Market for two weeks now.There were 15 students in total working on the mural from the AP Art class at Dunbar high school.While the goal of this project was to enhance healthy food options, student Kourtney Humphrey said that it more about the community.“So basically this is a way to start to improve our community,” Humphrey said. “This was our way to put our mark that we were here.”Humphrey said that when she grows up she wants people to know where she came from and what she did for her community.Sajade Miller, the principal of Dunbar High School, said that they were made aware of the project because of the Blue Zones.The Blue Zones is a project that is trying to improve and help communities become healthier and better places by doing project like this one.[xyz-ihs snippet=”will-venngage”]“The goal was to rally bring some healthy food options to the store because you often see students with a bag of chips and other food that is not really good for them,” said Miller.Miller said that there is a need for this in the community and said they are learning things that you can not learn in a textbook.Audio Playerhttp://www.tcu360.com/wp-content/uploads/the109/2016/12/Principle-Interview-1.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Devyn Gaudet, the school’s art teacher, said the idea for the art mural was given to them by the store’s owner.“We were asked to design a mural that promoted family, the neighborhood, and community,” Gaudet said.Students were asked to design, make changes, and get the project approved by the school and store.Gaudet said that this project teaches them real world art skills and they get to learn how to paint a wall instead of a piece of paper. William Konighttps://www.tcu360.com/author/william-konig/ William Konighttps://www.tcu360.com/author/william-konig/ William Konig Abortion access threatened as restrictive bills make their way through Texas Legislature William Konighttps://www.tcu360.com/author/william-konig/ Review: ‘Ready Player One’ is a ton of fun Linkedin Linkedin Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store Review: predictions on who will win the Oscar vs. who should ReddIt William Konighttps://www.tcu360.com/author/william-konig/ Fort Worth set to elect first new mayor in 10 years Saturdaylast_img read more

Frank McBrearty elected as Mayor of Donegal

first_img Three factors driving Donegal housing market – Robinson 448 new cases of Covid 19 reported today By News Highland – June 25, 2012 Calls for maternity restrictions to be lifted at LUH Pinterest NPHET ‘positive’ on easing restrictions – Donnelly Facebook Picture posted online by Senator Jimmy Harte As expected, Frank McBrearty Junior has been elected the Mayor of Donegal.His party colleague, Councillor Martin Farren was elected Deputy Mayor. They replace Councilor Noel McBride  and Councillor Barry O’Neill respectively.Fianna Fail proposed Councillor Rena Donaghey as Mayor but a power sharing pact between Labour, Fine Gael,Sinn Fein and Independents held with Councillor McBrearty defeating Councilor Donaghey by 17 votes to 11 .Family and friends of both Frank McBrearty and Martin Farren were in attendance to witness the two councillors elected to their posts.An emotional Noel McBride thanked his family and fellow councillors for their support during his term as Mayor.In a controversial moment, in proposing Councillor Donaghey, Fianna Fail whip Ciaran Brogan launched a scathing attack on Councillor McBrearty accusing him of disrupting meetings and questioning remarks he had made to female and male members of the council.He added that electing Frank McBrearty would be a reward for his behavior. WhatsApp Help sought in search for missing 27 year old in Letterkenny Pinterest Previous articleAthletics – Five From Donegal Confirmed For World JuniorsNext articleEvidence concludes in Fr Eugene Boland trial News Highland Google+ Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR WhatsApp Google+ Newsx Adverts Twitter Frank McBrearty elected as Mayor of Donegal Guidelines for reopening of hospitality sector publishedlast_img read more