Daily Archives: January 27, 2014

By Gideon Rachman
Faced with a dangerous political threat, governments the world over tend to place their faith in the same magic medicine – economic growth. When world leaders try to address the roots of terrorism, for example, they instinctively assume that prosperity and jobs must be the long-term answer. And when a regional conflict threatens to get out of control – in east Asia or the Middle East – the standard political response is to call for greater economic integration. From Europe to China, governments place their faith in economic growth as the key to political and social stability.

By Toby Luckhurst

  • A BBC documentary will reveal former Libya dictator Colonel Gaddafi’s hidden rooms in which he sexually abused children as young as 14.
  • The New York Times explores South Korea’s taste for Spam.
  • Argentina’s economy minister Axel Kicillof is increasingly the public face and policy guru of the government’s efforts to tackle rising inflation and stagnant growth.
  • The exaggerated threat of terrorism and years of political violence have fomented a conformist backlash in Egypt on the third anniversary of the protests that toppled military dictator Hosni Mubarak.
  • Katrina Manson interviews Kenyan writer Binyavanga Wainaina, the most prominent African to reveal his homosexuality.
  • Rand Paul is tainted by the extreme views of a minority in the libertarian wing of the Republican Party, as well as by his father’s successes and failures.

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Gideon Rachman has written about his encounters with a barking dog at Davos lovingly owned by Russian concert pianist and composer Lera Auerbach. In a talk on the last day at the World Economic Forum she gave some insights into the creative process and how she balances her talents which include painting, sculpture and poetry. Whether her dog helps this process she didn’t make clear.

And perhaps business people could learn from her approach. As she tours regularly as a concert pianist she said it was imperative to create an “inner silence” under any conditions. Artists, she admitted, are excellent at making excuses not to work – Wagner insisted on silk underwear to compose. So she didn’t allow the frenetic pace of Davos to become her excuse and scribbled a few lines of music each evening she was there. This “inner silence” is the only way we can truly find ourselves and create, she says. In her hideaway house she owns in Florida a sign on her door says, “GET AWAY FROM HERE”. Read more

hitandrun / www.hitandrunmedia.com

By Peter Chapman
With the global youth-to-adult unemployment ratio at its peak, and inequality one of the themes at Davos last week, the FT looks at the questions raised by youth unemployment, as well as solutions to it, in this Special Report.

Will the world’s lack of jobs drive the under-25s to violence and extremism? Do children, meanwhile, make easy targets for the global slave trade, and why is it that teenagers face greater bullying and violence over their sexual orientation?

Business often points the finger at government over the need to tackle the mismatch between qualifications and jobs but could it be doing more to confront the matter itself? Certainly German companies like BMW are bringing the benefit of apprenticeships to US states like South Carolina.

We have examined this and more in our Investing in Young People report.

What do you think must be done to prevent a lost generation of young people? Please share your comments with us below. Read more