Philippines’ Duterte laments Southeast Asia brain drain due to globalization

More than 10 million Filipinos work overseas, around 10 percent of the population, remitting billions of dollars back to the country each year. (Reuters)
Updated 09 November 2017
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Philippines’ Duterte laments Southeast Asia brain drain due to globalization

DANANG, Vietnam: Globalization has pressed the brightest workers from poor Southeast Asian countries to move overseas in a brain drain that must be reversed if real development is to be achieved, Philippine President Rodrigo Duterte said Thursday.
In an impassioned appeal by a leader better known for expletive-flecked outbursts, Duterte said the efforts of poorer countries to rise up the value chain are being undercut by mass migration of skilled workers.
“Globalization to a certain extent has really damaged poor economies,” he said in a speech to CEOs gathered in Danang, Vietnam, ahead of the Asia-Pacific Economic Cooperation (APEC) summit.
By way of example he said, “the best of our young (Filipinos)... tend to go to the places where the economy is thriving,” such as the United States.
More than 10 million Filipinos work overseas, around 10 percent of the population, remitting billions of dollars back to the country each year.
He acknowledged Donald Trump’s complaints that globalization has also sent American manufacturing jobs to cheaper countries such as China.
But Duterte said poorer nations faced the hardest edge of global commerce as they are stripped of labor and raw materials to fuel a world economy they can not compete in.
He urged ASEAN — the 10-member Southeast Asian bloc of nations — to speed up economic integration to power the region up the manufacturing chain, retain its skilled workers and educate those “left behind.”
“We only provide the raw materials” which are then sent back by richer manufacturing countries for “four times the price,” he said, adding “that is globalization.”
He vowed to “forcefully” carry the message of unity to the ASEAN summit which he is hosting in Manila from Monday.
Globalization and the rules of trade are under the microscope in Vietnam this week, where world leaders including Trump, China’s Xi Jinping and Vladimir Putin are set to converge from Friday for the APEC summit.


Iran adhering to nuclear deal: British PM

Updated 23 September 2018
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Iran adhering to nuclear deal: British PM

  • “From what we see, we believe that it is doing that,” Theresa May told CBS
  • But there are other issues outside the deal that also need to be dealt with, she said

WASHINGTON: Iran is adhering to its commitments under the Iran nuclear deal and the accord — repudiated by the United States — should stay in place, Britain’s prime minister said in an interview broadcast on Sunday.
“From what we see, we believe that it is doing that,” Theresa May told CBS.
“We believe that that should stay in place. And others, involved in putting that deal together believe that it should stay in place,” May said in excerpts of an interview shown on “Face the Nation” that was to air in full Monday on “This Morning.”
But there are other issues outside the deal that also need to be dealt with, she said.
“Looking at the issue of ballistic missiles. Looking at — the way in which — Iran is acting in the region — to destabilize the region. We need to address those issues,” May said.
May’s interview came as world leaders geared up for a week of high-stakes diplomacy at the UN General Assembly, which is set to be dominated by North Korea and Iran.
On Wednesday, President Donald Trump will for the first time chair a Security Council meeting on non-proliferation and weapons of mass destruction that will focus heavily on Iran — likely triggering a clash with other big powers.
Earlier this year, Trump pulled the US out of the deal it reached with Iran and five other countries in 2015. That accord lifted sanctions against Tehran in exchange for restrictions on its nuclear program.
Now, the US is reimposing those sanctions.
Other parties to the deal have argued that it is working and should stay in place, while the International Atomic Energy Agency has said Iran is complying with the accord.