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6 Chi n a be a T s Ja P a n as se C o n d lar g e s T eC o n o m y 2010 Zaynab Alwan TheCable Photo Editor Cu lT u r e Japan recently lost its 42 year ranking as the second largest economy in the world after Japan released their data from its cabinet office on February 14. The data claims that this is due to deflation, soft domestic demand and pressures by the industrialised world’s biggest debt. “It is difficult for the deflation-plagued Japanese economy to achieve self-sustained growth,” said Naoki Murakami, chief economist at Monex Securities. China is in second place, following The United States as first, thanks to a now stronger yen. Although China has victoriously beat Japan, Japan remains around 10 times richer on a per-capita basis, according to the International Monetary Fund. Many, including the World Bank, Goldman Sachs and others, estimate that China will overtake the United States by 2025 for first place. “China is already at the forefront of the global economy as the largest trader of goods internationally,” said Duncan Innes-Ker, a Beijing-based analyst at the Economic Intelligence Unit. China is driving the global economy, while Japan deals with deflation, an ageing population, and a huge public debt. Although the economy may look bleak for Japan, there is great hope that change will come about soon. Kono, chief economist at BNP Paribas in Tokyo claims that “the economy seems to be recovering again, so the negative growth need not become the basis for pessimism about Japan’s cyclical outlook.’’ Keeping a positive disposition, Japan’s government feels they could reap the benefits of its huge neighbor China, the world’s number-one export market, to help boost their economy. Cultural Tidbit Photo Credit: Al-Jazeera A landmark decision by a court of law establishes a new interpretation of existing law or establishes a new legal principle. One such decision made by the U.S. Supreme Court was in Brown v. Board of Education, handed down on May 17, 1954. The ruling stated that “separate educational facilities are inherently unequal.” This decision overturned the 1896 Plessy v. Ferguson ruling, which had upheld the principle of “separate but equal”. The Brown v. Board of Education ruling did not require the desegregation of restaurants, restrooms or other public areas. Thr o u g h Zaynab Alwan TheCable Photo Editor Vo l u m e 58 issue 14 my a n m a r un d e r g o e s PoliTiCal Cha n g e Com m u n i T y arT Photo Credit: Zaynab Alwan Recently released from house arrest (thanks to the pressure demanding her freedom by human rights organizations such as Amnesty International) Aung San Suu Kyi, leader of the Suu Kyi pro-democracy party, has called to Western countries to keep the sanctions on Myanmar because the embargo hurts the military more than the civilians. Many analysts have said that sanctions fail to bring about any reforms and simply pushed the Myanmar generals and their business allies closer to neighbours China and Thailand, which are investing heavily in the country’s vast energy reserves. Suu Kyi claims that the embargo keeps the generals from purchasing more weapon technology for its large military. The sanctions on Myanmar include a range from bans on arms deals and new investments in the country to travel restrictions on regime officials and the freezing of offshore bank accounts. These specialized analysts claim that the embargo is damaging to the economy and hurting the Burmese people. Although Suu Kyi claims that sanctions might actually be hampering the military efforts to expand, this may be an isolated case. The world has witnessed sanctions truly oppressing civilians more than the government in numerous cases, to the point where innocent people die of easily curable illnesses, malnutrition, etc.., as well as a drastic decrease in the standard of living in said countries. Investigation is necessary to fully understand how the embargo impacts the civilians and if it actually is valid.
THE Ca b l e GLOBAL SPOTLIGHT isr a e l Cr i n g e s oV e r mu b a r a k’s Cu lT u r e resignaTion Fatima Alwan TheCable Culture Editor Although many in the Arab world, as well as the rest of the world, are rejoicing and inspired by the people of Egypt’s brave revolution, some nations are not as thrilled. Israel, namely, is one. Israel has long clung to the Mubarak regime, as well as encouraging others to do so (i.e, the United States) due to vested interests in the former government, and have used Egypt’s leaders and policies to pursue and continue on with their own oppressive and unjust policies against Palestinians. When Binyamin Netanyahu (Israeli politician) needed to maintain his “peaceful” status, support from the Egyptian government was usually bountiful. In the same manner, when Israel needed to pacify the Arab world over the long-standing oppressive and dehumanizing occupation of Palestine, Mubarak was quick to quiet any cries from Egyptians. Many policies involving Egypt and Israel were seen by many as “undignified” and “anti-Arab,” and this new change in governance is said to better reflect the public’s interests, rather than a few in power. Though attention has been suddenly and temporarily shifted to Egypt during their time of change, the true message seems to be lost on many. The people of Egypt’s ideals and aspirations, as well as their dedication, persistence, and unity, should be inspiring to those around the world, including the US. Their struggle and ultimate success should be viewed as an example, a model per say, for pursuing real justice and representation in government, instead of viewed as a sudden surge of popularity for a part of the world whose cries have long been ignored, especially by this country. While Israel’s political policies are still up in the air, it is suspected that they will change drastically in accordance with the public’s opinion. This new and improved Egyptian government, which should better reflect the people, is inspiring calls for similar change throughout the world. Photo Credit: Al-Jazeera 7 Photo Credit: Al-Jazeera Photo Credit: Al-Jazeera
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