Taiwan Tati Cultural and Educational Foundation

 
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Taiwan Tati Cultural and Educational Foundation

Being open about Perng and policy

Former central bank governor Perng Fai-nan (彭淮南) worked hard to keep Taiwan financially stable through the 1997 Asian financial crisis, the 2001 dotcom bubble, the 2008-2009 global financial crisis and the 2012 European debt crisis, before he retired in February 2018 after 20 years in the position. Under Perng, the central bank kept interest rates relatively low to benefit economic growth and made frequent interventions in the market to stem appreciation of the New Taiwan dollar.

Perng’s efforts were often talked about by economists and businesspeople before his retirement, and they still stir up a lot of discussion.

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EU needs Taiwan for Asia strategy

The EU on Wednesday cohosted a Global Cooperation and Training Framework workshop with Taiwan and the US. They discussed the restructuring of the global supply chain and joint financing of small and medium-sized enterprises. This was the first time the EU, represented by European Economic and Trade Office in Taiwan Director Filip Grzegorzewski, cohosted such an event.

Launched in 2015, the framework aims to help bring Taiwan’s expertise to the global stage. Essentially, it was designed to find ways to include Taiwan in global efforts, as it remains excluded from international organizations.

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US, Japan show united front on China


US President Joe Biden, right, and Japanese Prime Minister Yoshihide Suga arrive for a joint news conference at the White House in Washington on Friday.
Photo: EPA-EFE

The US and Japan on Friday vowed to stand firm together against an assertive China, and to step up cooperation on climate change and next-generation technology as US President Joe Biden made his first summit a show of alliance unity.

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Power, succession and the people

For any nation in today’s world, two issues are salient: “Who rules the nation and so controls the national power, and how is that power successively transferred?”

In simple terms, this is asking which form of government is in the best interest of the people and the nation. That is, should that nation be either a one-party state or a democracy? After that, once the power base has been established, how then is it transferred?

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Newsflash

Two Tibetan girls, both in their teens, are being described in serious condition after they were severely beaten and arrested by Chinese security personnel for carrying out anti-China protests in eastern Tibet.

Talking to phayul.com, Lobsang Dhondup, a monk from Sera Je Tehor Khamtsen in south India said that the two girls, Tashi Palmo, 16, and Pema Yangzom, 19, were from Kardze region’s Norzin village and studied at the Kardze Middle School.

“On July 12 at around 4 o’clock in the evening, Tashi Palmo and Pema Yangzom carried out a peaceful protest in Kardze town calling for Tibet’s independence and return of His Holiness the Dalai Lama”, Dhondup said.