Tag Archives: Revolution

30th anniversary of the 1989 Tiananmen Square protests in China

Tiananmen Square Massacre on June 4th, 1989 remain as one of the most sensitive and most widely censored topics in China ever. Its memory is also widely associated with questioning the legitimacy of the Communist Party rule.

The Tiananmen Square protests were a student-led demonstration in Beijing in mid-1989, and it refers to the popular national movement inspired by the Beijing protests during that period, sometimes called the `89 Democracy Movement. Many of us can clearly remember the man in front of the tank.

A lot of students and many business people protested against the Communist Party because they wanted Democracy, and not a Communist, totalitarian and authoritarian Party. But the political elite didn`t listen to the people.

The protesters were forcibly suppressed after the government declared martial law and sent in the military to occupy central parts of Beijing in what became known as the Tiananmen Square Massacre.

Troops with assault rifles and tanks fired at the demonstrators trying to block the military`s advance towards Tiananmen Square. Estimates of the death toll ary from several hundres to over thousands.

 

Article 35 of the Constitution of the People`s Republic of China states: “Citizens of the People`s Republic of China enjoy freedom of speech, of the press, of assembly, of assossiation, of procession and of demonstration.”

 

Peaceful demonstrators were being labeled counter revolutionaries and terrorists who can be arrested, beaten and even killed by authorities. Dong had declared war and he expected the Chinese people to obey him. To fear him and to attack the students.

On April 26, 1989, Dongs opposition to the Democracy Movement was reprinted as an editorial in the Peoples Daily, and it was titlled; «The necessity for clear stand against turmoil.»

This is not an ordinary student movement, Dong complained. This is a well-planned plot whose real aim is to reject the Chinese Communist Party. The purpose of the students is to poison people`s minds. The whole nation must resolutely stop and oppose the students.

The protesters were not counter revolutionaries. They just wanted a reform. Not a revolution. They wanted to be allowed to exercise experience basic human rights including freedom of speech and freedom of assembly.

For all this the protesters were accused of commiting crimes.

The political elite in the Communist Party were shocked, frightened and confused. Dong expected the people to fear him and to obey him. Instead, they humiliated him. On April 27, 150, 000 protesters and 500,000 Beijing citizens took to the streets in protest against the government.

The government was shocked and ordered the students to return to their classes at once, but the students responded by demanding Democracy. Freedom of Speech. The end of corruption, and asking; “Why cant the peoples Prime Minister come out to meet with the people?”

The Movement escaleted and millions of people joined the students and supported them. The government`s efforts to stop the demonstrators have failed miserably. Ordinarly people had sided with the students.

«The Press must tell the truth» some of the posters said. «Full of lies» and.«Lying to the people,» «freedom of speech», «freedom of the press» is another one. Tens of thousands of students were crowding the streets, singing, chanting and cheering. They were singing;

Today we are blossoming

Tomorrow we are pillars of society

The Communist Party started Martial Law and crushed the Democracy Movement by military forces. China`s paramount leader Deng Xiaoping mobilized as many as 300,000 troops to Beijing.

They used the People`s Liberation Army to attack the unarmed peaceful Chinese people. It ended in a carnage and hundreds to thousands were killed and thousands wounded.

Protest leaders and pro-democracy activists was later exiled or imprisoned. Rioters was charged with violent crimes and some were executed in the following months. Some protesters were tortured. Western economic sanctions and arms embargoes on the People`s Republic of China followed.

The suppression on June 4 marked the end of a period of relative press freedom in China and media workers. Both foreign and domestic, faced hightened restrictions and punishment in the aftermath of the crackdown.

State media reports in the immediate aftermath were sympathetic to the students. As a result, those respnsible were all later removed from their posts. Some reporters were fired because they displayed sad emotions.

Editors and other staff at People`s Daily, including director Qian Liren and Editor-in-Chief Tan Wenrui, were also sacked because of reports in the paper which were sympathetic towards protesters. Several editors were arrested.

The Communist Party of China forbids discussion of the Tiananmen Square protests, and has taken measures to block or censor related information. Textbooks have little, if any, information about the protests. Film and books are banned and many newspapers shut down.

Access to media and internet resources on the subject are restricted or blocked by censors.

The people lost and the Communist Party won. Political reform halted, market reform delayed, freedom of speech restricted and media control tightened. Now, China is a totalitarian and authoritarian police state.

The state`s job of putting down dissent is made easier and more complete due to the increasingly widespread surveillance ranging from use of facial recognition technologgy, to cameras, to real ID registration, monitoring social media use, and sanctions for behaviour not acceptable to the liberal Communist regime in China.

Many countries in Europe use China as a role model.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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5G is a new beginning and partly a turning point, but certainly nothing less than a revolution

The 2019 International CES show started today in Las Vegas, and it will end on Friday, 11 January. CES is the world`s gathering place for those who thrive on the business of consumer technologies. It has served as the proving ground for innovators and breakthrough technologies for 50 years.

This is the global stage where next generation innovations are introduced to the marketplace, and its owned by Consumer Technology Association (CTA). This gathering attracts the worlds business leaders and pioneering thinkers.

(Click the picture to enlarge)

I have been following Apple for decades and I expect them to be in Las Vegas this week. We all know that AI is the future, but how is Apple`s innovation when it comes to Smart home tech? It seems like they are falling behind in the Smart home race.

Both, Google and Amazon are now integrating Alexa and Google assistant into Smart home devices. Voice assistants are cropping up in all kinds of places at CES 2019 and what I think is a cool thing to have is both voice and touchscreen in the bathroom mirror.

This Smart Mirror allows you to access Google Assistant were you can check the weather and traffic, or stream some YouTube videos while you are fixing your hear before you are going out for your next date.

Its brilliant because you have only two hands and none of them are free. Youre fixing your hair right. So, while you`re fixing your hair, you just have to ask the mirror what time it is, what the weather is or when your next bus is coming. All this without using your hands.

Everything is connected and to do so you need 5G, which is enabling the Internet of Things (IoT). Cars, heating systems and even trash cans are becoming involved in the net. 5G is super fast and makes the IoT possible. 5G is 100x faster than 4G and 10x faster than the best home-subscriber broadband service.

You need 5G to run your new driverless car and it`s all based on a computer with GPS built-in it. 5G is nothing less than a revolution. It is in such capacities that it becomes clear why the technologies from 2G to 4G differ so radically from the fifth generation, and that is awaiting us is partly a new beginning and partly a turning point, but certainly nothing less than a revolution.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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President Vladimir Putin use driverless transportation buses at the World Cup in the city of Kazan

Silicon Valley are pushing hard to release driverless vehicles and we know Google is in front of that revolution. But they are not alone. Russia is also in front of that revolution, and President Vladimir Putin are highly supporting driverless vehicles.

Russia has launched their new driverless transportation buses at the World Cup in the city of Kazan, and Russia`s truck maker are showing the world their technology skills. So far, their unmanned vehicles are banned on the open road, so they will travel only 650 meters.

(KamAZ «shuttle» is a bus with the autopilot on electricity. It was first presented at the Moscow International Automobile Salon in 2016)

The truck maker is KAMAZ PJSC, which is co-owned by German automaker Daimler AG and Rostec. KAMAZ is taking the fans from Kazan`s meeting point to the Kazan Arena. The driverless buses will drive on an empty road with no traffic which is surrounded by a light fence to keep away animals and pedestrians.

KAMAZ demonstrated the first autonomous electric bus a few days ago, according to the company. The unmanned M2 category small-class SHATL (Wide Adaptive Transport Logistics) vehicle, developed by KAMAZ in cooperation with NAMI, is intended for hard-surface roads, using data from digital maps, navigation systems and technical vision organs.

«Electric and unmanned vehicles are currently amongst the main directions of development in Russian engineering industry», as stated by the general director of KAMAZ Sergei Kogogin. «SHATL is our latest development, upon the example of which, the main trends in car manufacturing may follow.

KAMAZ is only one of our unique driverless vehicle models. Specialists in KAMAZ are actively working on such models at the moment, within the framework of the development of intelligent transport systems.»

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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California`s strong economic performance relative to other industrialized economies is driven by worker productivity

Califorias economy is bigger than the United Kingdom. If California were a country, it would be the fifth largest economy in the world. Wow! That is pretty impressive. California is home to four of the worlds ten richest people.

Its also home to four of the worlds ten largest companies by market cap. California has nearly 40 million residents and is the most populous state in the United States. Its GDP rose by $127 billion from 2016 to 2017, and their GDP surpassed $2,7 billion, according to federal data.

The United Kingdom has 65 million residents. Thats 25 million more than California, but interestingly it has a smaller GDP. The UKs capital and largest city is London, a global city and financial centre with an urban are the population of 10,3 million.

Californias economic juggernaut is concentrated in coastal metropolises around San Francisco, San Jose, Los Angeles and San Diego. It has 12 percent of the U.S population but contributed 16 percent of the countrys job growth between 2012 and 2017.

California`s strong economic performance relative to other industrialized economies is driven by worker productivity.

All economic sectors in California is growing, except agriculture, and financial services and real estate are the best sectors. Second is the information sector, which includes many technology companies.

California is known for being rich in gold and pearls, and the gold rush starting in 1848 led to dramatic social and demographic changes, with large-scale emigration from the east and abroad with an accompanying economic boom.

That`s 170 years ago.

Now, you can clearly see another boom; a tech boom. California has a thriving technology sector in Silicon Valley. The worlds smartest tech brains are there. So are the biggest tech companies. But the worlds entertainment capital can also be found in Hollywood, California.

All this makes California a global trendsetter in popular culture, innovation and politics. It is the origin of the film industry, the hippie counterculture, the internet and the personal computer, among others.

The San Francisco Bay Area and the Greater Los Angeles Area are widely seen as the centers of the global technology and entertainment industries. Many of the richest people live in San Francisco and the nation`s highest GDP per capita in 2016 was $94,000.

We have a revolution going on. So was it 150 years ago. The industrial revolution started in England. It was the name given to the first factory automation initially in the manufacture of Textiles. At that time, many current US state capitals did not exist.

At that time, London was the biggest city in the world, and England was the biggest trading nation. England produced more steel than the rest of the world put together, and steam engine driven trains were rapidly taking over long distance travel.

150 years ago saw a prolific range of inventions around electricity, culminating in the inventions of the electric light bulb and the electric motor.

Inventors in this field at this time were; Frenchmen Volta (1800 the Volt) and then Ampere (the Amp) followed by Oersted, Faraday and Maxwell. These inventors in Europe were followed by the American Edison probably the most prolific inventor of all time (1847 – 1931).

Edison produced the electric light bulb, the first public supply of electricity, the gramophone, the movies and the thermionic valve-later the triode.

English physicist Sir Joseph Wilson Swan also independently invented the electric light bulb (1860). He also invented Bromide paper (1876) still used today for photographic prints.

150 years ago telephone technology was invented. Initially the transmission of coded text messages over copper wire between England and France by Morse Code and then in the US Alexander Graham Bell invented the telephone to carry voice over the same wires in 1875.

Englishman Charles Darwin publishes his theory of «Origin of Species by means of natural selection» (Now of course supported by genetics. Then dangerous and revolutionary thinking flying in the face of the accepted «Creation» in the Bible.

Now, California and Silicon Valley is the place to be. A place with economic growth which is higher than the United Kingdom. This is an evolution.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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The global economy is more globalized today than during the peak of the early 20th century but will the open global economic order endure?

Globalization is one of the main reasons why President Trump was elected. He is now a President in the U.S because he often talked about their existing trade agreements, threatened to slap taxes on U.S companies investing overseas, renegotiate or withdraw from NAFTA, abandon support for the TPP, label China a currency manipulator and establish tariffs to name a few things.

President Trump did a lot of important things on his first 100 days and there is more to come. Welcome to the new world. A new era started when Mr Trump was elected.

The U.S is the world`s largest economy measured in market dollars. It is also the third most populated. Therefore, a withdrawal from the global economy is measurable, but America is not as globally integrated as we might think.

The U.S is the third biggest exporter, yet exports account only 13% of GDP. Main exports are capital goods (39%) and industrial supplies (28%). Others include: consumer goods (12%); %).automotive vehicles, parts and engines (10,5%); foods, feeds and beverages (7%).

Main exports partners are: Canada (19%), Mexico (14%), China (7%), Japan (4%), Germany (3%) and the United Kingdom (3%).

Exports of goods and services rose to an all-time high of USD 200,2 billion in November 2017.

The United States is also the world`s second largest importer. Main imports are; capital goods (29%) and consumer goods (26%). Others include: Industrial supplies (24%); automotive vehicles, parts and engines (15%); foods, feeds and beverages (5%).

Main Import partners are: China (19%), Canada (14,5%), Mexico (12%), Japan (6%) and Germany (5%).

Imports of goods and services rose to an all-time high of USD 250,7 billion in November 2017.

The United States has been running consistent trade deficits since 1976 du to high imports of oil and consumer products. The biggest trade deficits were recorded with China.

The U.S recorded a current account deficit of -2,60% of the country`s GDP in 2016. It reached an all-time high of 0,20% when Former President Ronald Reagan was inaugurated in 1981, but it declined all the years under his presidency.

 

 

 

Other countries can retaliate against Trump`s protectionist policies and that can start a trade war. But so far, so good. With an all-time high in Exports and Imports, Mr Trump must be doing something right.

If other countries don`t like the U.S liberal economic order, they can repudiate global norms and institutions that underpin the globalized economy. There is no doubt that emerging markets have benefited most from the open global economy, and we can clearly see members of the TPP seek to patch together the deal without the U.S.

But what happened to the first wave of globalization? The historical origins of globalization are the subject of ongoing debate. Let`s take a look at the globalization in the modern era. There are three epochs characterised by greatly increased international integration.

Europe and North-America were strongly affected by internationalization from 1860 to 1914. The flow of goods accelerated and capital moved freely between countries. Financial integration was more pronounced that it is today. Even international migrants was greater than it is today.

60 million people left Europe to seek their fortunes in the New World.

Important drivers behind the first wave of globalization were both the new technology and the fact that many countries began to embrace liberal trade policy after years of protectionism.

During the period 1500 – 1800, world trade increased by about 1% per year. After 1820 it increased by 3,5% and during the nineteenth century as a whole, trade in Europe increased by 40%. Great Britain was the world`s leading economy and the basis for the European free trade system was 1860 free trade pact between Great Britain and France.

Many other European countries subsequently aligned themselves with this free trade system.

Great Britain had introduced the gold standard in 1816 and during the nineteenth century the English pound sterling was the generally accepted currency of international business and many other countries introduced the gold standard.

Great Britain was the economic leader, but that Empire ended after World War II. The second wave og globalization started at the end of World War II and the new economic leader was USA. The American Empire started.

In the first wave we saw innovation of telegraph, steam engine, electricity and internal combustion engine. In the second wave jet plane was introduced. So was television, communication, satellites and container traffic.

The third wave started around 1980. It was a digital revolution and it refers to the advancement of technology from analog electric and mechanical devices to the digital technology available today. Advancements during the Third wave include the personal computer, the internet, and information and communications technology (ICT).

Now, we are here: the Fourth Industrial Revolution.

The fourth wave builds on the Digital Revolution, representing new ways in which technology becomes embedded within societies and even human body. It is marked by emerging technology breakthroughs in a number of fields, including robotics, artificial intelligence, nanotechnology, quantum computing, biotechnology, the Internet of Things, #D printing and autonomous vehicles.

The founder of WEF (World Economic Forum) Klaus Schwab is expected to see the heavy implementation of several emerging technologies with highly potential of disruptive effects.

Globalization collapsed after World War I, but resurgent after World War II. The breaking of globalization`s first wave a century ago is proof that the forces of global economic integration are neither irresistible nor irreversible.

Americas view on globalizations future has changed. For all I know, maybe Trump and his team are much less assured that the open global economic order will endure. The global economy is more globalized today than during the peak of the early 20th century.

Whether that implies globalization has reached unsustainable levels, or that no such levels exist, remains to be seen.

International trade has grown faster than total production. Ben Bernanke once said that he can do something with the monetary policy but he cannot do something with the productivity.

We are now living in a truly exciting phase of global economic development.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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