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Tag: challenges

Now with power to long rule China, Xi beset by challenges

Now with power to long rule China, Xi beset by challenges

World
As China's leaders gather for their annual Yellow Sea retreat, the country's political waters are looking choppy. Chinese President and ruling Communist Party leader Xi Jinping is beset by economic, foreign policy and domestic political challenges just months after clearing his way to rule for as long as he wants as China's most dominant leader since Mao Zedong. Mounting criticism of the Xi administration's policies has exposed the risks he faces from amassing so much power: He's made himself a natural target for blame. "Having concentrated power, Xi is responsible for all policy setbacks and policy failures," said Joseph Cheng, a retired City University of Hong Kong professor and long-time observer of Chinese politics. Notably, Xi used to dominate state-run newspapers' front pages and t...
Comcast challenges Disney with $65B bid for Fox

Comcast challenges Disney with $65B bid for Fox

Technology
Comcast made a $ 65 billion bid Wednesday for Fox's entertainment businesses, setting up a battle with Disney to become the next mega-media company. The bid comes just a day after a federal judge cleared AT&T's takeover of Time Warner and rejected the government's argument that it would hurt competition in cable and satellite TV and jack up costs to consumers for streaming TV and movies. The ruling signaled that Comcast could win regulatory approval, too; its bid for Fox shares many similarities with the AT&T-Time Warner deal. Comcast says its cash bid is 19 percent higher than the value of Disney offer as of Wednesday. The Wall Street Journal and others reported earlier that Comcast had lined up $ 60 billion in cash to challenge Disney for media mogul Rupert Murdoch's company. Disney's ...
Solving America's retirement security challenges

Solving America's retirement security challenges

Finance
Americans dream of retiring with financial security, but for too many it's a struggle on how they will get there. According to a recent estimate, 1 out of 3 Americans have less than $ 5,000 put aside for their retirement years. Meanwhile, baby boomers are exiting the workforce in droves, with 10,000 of them retiring each day. And the U.S. Census Bureau projects that more than 20 percent of U.S. residents will be age 65 or older by 2030. With an entire generation on the cusp of retirement, the rules governing retirement plan administration need to be modernized to make it easier for employers to offer savi...
Amazon fish challenges mutation idea

Amazon fish challenges mutation idea

Science
Evolutionary theory suggests that species favouring asexual reproduction will rapidly become extinct, as their genomes accumulate deadly mutations over time.But a study on an Amazon fish has cast doubt on the rapidity of this decline. Despite thousands of years of asexual reproduction, the genomes of the Amazon molly fish are remarkably stable and the species has survived. Details of the work have been published in Nature Ecology and Evolution.There are two fundamental ways in which new generations of life come to being - sexual and asexual reproduction.Sexual reproduction relies on special reproductive male and female sex cells, the eggs and sperm, joining together during the process of fertilisation.Each sex cell contains half the number of chromosomes of normal parent cells, then follow...
The huge challenges facing Zimbabwe's next leader

The huge challenges facing Zimbabwe's next leader

World
To get under the skin of the problems facing the incoming Zimbabwean president, you need to get out of the big cities and into rural areas where the bulk of the population live.Many eke out an existence in this economically crippled nation. People like Olivia Mshunga, who lives as the youngest of three generations on a small piece of land in Domboshava.Planting ground nuts in the sandy soil, she wants President-designate Emmerson Mnangagwa to lift her out of subsistence farming.She says: "We are struggling for a long time, no money, no jobs in Zimbabwe, so we want to change our life."Video:Mnangagwa promises 'new democracy'Her next door neighbour Viola Shamuyarira has similar hopes, while Ms Shamuyarira's 18-year-old daughter Yardley just wants a better wheelchair so she can get a job as a...