Economy

Parag Agarwal & Co: Why India Should Stop Boasting About Twitter's New CEO

So a dozen of the top CEOs in the world (including heads of Google, Microsoft, IBM and now Twitter) come from a country with 18% of the world's population. But there are other numbers our overly proud fellow Indians should be running.

-Analysis-

NEW DELHI — An Indian recently became CEO of Twitter. I forget his name. Hold on, let me Google… Yes, Parag Agarwal. I’m not saying this for effect. I actually didn’t remember, and had to Google. Because it isn’t very important to me. Yes, that’s right. And you can read on to know why.

Agarwal is an IITian (graduate of the Indian Institute of Technology Bombay), apparently. Of course.

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Iranians Used To Flee For Politics, Now It's Economics

The desperation to leave Islamic Iran has spread from writers, dissidents and minority groups to hundreds of thousands of Iranians willing to live and work "anywhere that isn't Iran."

-Analysis-

Not so long ago, people leaving Iran did so temporarily, and were from specific social groups like students or persecuted minorities. Today, emigration has become a crucial life choice weighed by many, if not most, Iranian families.

The principal destinations in previous years were Europe, the United States, Canada or Australia. Iranians were ready to pay the price required to buy themselves a better life in "first world" destinations. Today, they're no longer eyeing the most advanced countries but anywhere "that isn't Iran."

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Iran Risks A Nursing Exodus At The Worst Possible Moment

Qualified health care workers are urgently needed in the Islamic Republic. But because of the COVID-19 crisis, they're also exhausted — and eyeing opportunities abroad.

Exhausted after eight months of fighting coronavirus, and exasperated with all the empty promises, more than a few nurses and other health care professionals in Iran are looking to pack up and leave.

That's the word from the Tehran Nursing Organization, whose chief executive, Armin Zareian, announced that while nurses are needed in Iran like never before (Tehran hospitals reportedly need an additional 7,000 nurses), the COVID-19 crisis is also creating opportunities for them elsewhere, particularly in European countries, North America and Australia.

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After Brexit, Europe's Elite May Now Opt For Germany

Germany and Britain have always competed for top European talents. Now, Europe's best and brightest may see the UK as too complicated. One of many potential positive side effects of Brexit.

BERLIN — The outcome of the Brexit referendum is a shock for Germany too. With Britain's coming exit from the European Union, the weight of the EU shifts towards the weak economies that are neither fond of globalization nor particularly competitive in the face free trade.

Germany on the other hand, with its strong export economy, benefits like no other European country from the open international marketplace. With Britain out, Germany's globally geared economy loses its toughest companion within the EU. There are already EU member countries who want to severely punish Britain in negotiations for the establishment of new contracts of collaboration. Berlin should do everything possible in order to resist such desire for vengeance.

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CAIXINMEDIA
Yao Shujie*

A Rising China And The Vicious Circle Of Brain Drain

-OpEd-

NOTTINGHAM After recently studying a survey about the shocking number of Chinese students who are moving abroad every year, I couldn't sleep.

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CAIXINMEDIA
Li Yongfeng

The Worst Place In China To Do Business

In the provinces of Northeast China, the planned economy of the Mao Zedong era are still firmly in place.

BEIJING — The multiple explosions at a warehouse in Tianjin not only killled 159, but also shone a spotlight on the economic crisis afflicting the northeast region of China. As growth slows, and analysts both at home and abroad speculate about whether the Chinese economy is going to have a so-called "hard landing," there is little to debate about where the northeastern provinces stand ahead of another cold winter: For the first half of 2015, the economic growth of Liaoning, Heilongjiang and Jilin, China's three northeastern provinces, ranked respectively as the country's first, third and fourth worst performing.

With its vast land and rich coal, oil and iron ore deposits, as well as heavy industry bases, the Northeast, known traditionally as Manchuria, has been considered the core industrial center ever since the Chinese Communist Party took over the country in 1949. Even if there exist certain natural limits, the region possesses obvious advantages. Thus the economic woes lie mainly in human factors, including a fundamentally conservative culture that stymies change and innovation.

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Russia

Zuckerberg And Medvedev *Chat* Facebook Expansion, In Person

KOMMERSANT (Russia), FACEBOOK, TWITTER

Worldcrunch

MOSCOW - Facebook founder Mark Zuckerberg met with Russian Prime Minister Dimitry Medvedev to discuss the possibility that the social network's presence in Russia expand from the virtual to physical world.

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