Thursday, April 16, 2015

India-World's Fastest Growing Economy

http://money.cnn.com/2015/04/14/investing/india-economy-fastest-growing/index.html

This really interesting article talks about how India has the fastest growing economy in the world, and it is only continuing to grow. I was surprised because I thought China had the fastest growing economy. In another article by CNN Asia, it talks about how the speed at which China's economy had been growing has actually slowed down in recent years. Unlike plenty of other countries, including China, India's currency was not affected by the U.S. dollar. It kept its value, and there are predictions that it will continue to stand its ground, despite some market drops and the value of the U.S. dollar being so powerful.
Will this help India reach the level that China and the U.S. are economically?
Will it help with fighting the immense poverty that India faces? Or will it simply add to the gap between the rich and the poor?
*Interesting fact: I watched a movie this week called Good Hair, and it talked about how big of an export human hair is. I wonder, could the sale of human hair, and the high demand for it, be boosting the economy?

Friday, April 10, 2015

Chinese Feminists Arrested in China

This article is extremely interesting and controversial as it speaks to the arrest of five young Chinese feminists who were protesting for gender equality just days before International Women's Day. Just about a month later, these women are still jailed awaiting different charges from the original ones to be formally filed, which has to occur by Monday. The arrest of the five women has drawn a lot of criticism from the international community, including from Hilary Clinton who called the arrest and jailing of these women "inexcusable''. She received some backlash because Chinese authorities believe that political figures should respect the processes of other nations. I find it interesting that even in the year 2015, individuals are still being arrested and punished for wanting basic human rights: gender equality. It definitely shows that not the entire global community is on the same page when it comes to human right issues like this one.

http://www.cnn.com/2015/04/10/asia/china-five-women-activists/index.html