Japan sponsors ship to bring young leaders together

The Ship for World Youth Program will host global youth leaders. (Supplied)
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Updated 14 January 2020

Japan sponsors ship to bring young leaders together

DUBAI: Traveling the world and exploring new cultures is an ambition of today’s youth, and the Japanese government has made doing it possible in 40 days.

The Ship for World Youth (SWY) Program, sponsored by Japan’s Cabinet Office, will let young leaders from all over the globe travel aboard a ship for six weeks to discuss common issues.

According to the SWY program’s website, a group of around 200 participants aged 18-30 from around the world will board the ship in Japan and spend their time building leadership and cultivating cultural awareness.

Members of the program will be divided into seven thematic groups, each consisting of one facilitator and 40 participants. Each course session helps candidates deepen their understanding of their home country as well as others represented on board the ship.

SWY will embark on its 32nd journey since 1989 and include applicants from Arab countries such as Bahrain and Egypt, along with Japan, Peru, France, Brazil, and the UK.

The ship will depart from Tokyo on Jan. 20, calling at Honolulu, Hawaii, and Ensenada, Mexico, arriving back in Tokyo on Feb. 24.

Budoor Kamel will participate as the national leader for the Bahrain delegation.

Kamel said she previously attended the program in 2011, but this year, she added, she would be responsible for the preparation and facilitation of course discussions.

“When I heard of the program in 2010, I knew it was something that I always dreamt of, to be in a multi-culture environment learning from others, sharing and giving back as a Bahraini citizen to the global community,” she said.

Other Arab countries have contributed to the program over the years. The UAE has taken part 14 times, sending 931 delegates, according to UAE national Hamad Al-Zaabi, a participant in 2010.

“I learned a lot in my time aboard. Rather than having to travel to 12 different countries over years, the ... program allows you to do it in just 40 days,” he said.

“They would update us on current affairs, then we would have in-depth discussions.” 

At the end of each day, members would have “a national presentation, an hour-long talk about different countries.”

Extra-curricular activities are also available on the ship, as volunteers can offer to provide other candidates with new learning opportunities, he said.

“For example, the Arabs started an Arabic language course, while the Japanese members started a calligraphy course,” he explained.

 


Oil retreats in face of renewed coronavirus uncertainty

Updated 22 February 2020

Oil retreats in face of renewed coronavirus uncertainty

  • G20 finance leaders to meet in Saudi Arabia at the weekend to discuss risks to the global economy
  • OPEC+ has been withholding supply to support prices and many analysts expect an extension or deepening of the curbs

LONDON: Oil prices fell on Friday as weak Asian data and a rise in new coronavirus cases fuelled uncertainty about the economic outlook while leading crude producers appeared to be in no rush to curb output.

Brent crude was down $1.56, or 2.6 percent, at $57.75 in afternoon trade, while U.S. crude dropped $1.25, or 2.3 percent, to $52.63.

"With Brent failing to breach the $60 level on Thursday despite better than expected U.S. oil inventory data, rising market uncertainty is dragging down oil prices on Friday," said UBS analyst Giovanni Staunovo.

"Market participants who benefited from the price rise in recent days might prefer not to go into the weekend with a long position."

 

China reports rise in coronavirus cases.

Japan factory activity shrinks at fastest pace since 2012.

Russia says early OPEC+ meeting no longer makes sense.

Finance leaders from the Group of 20 major economies meet in Saudi Arabia at the weekend to discuss risks to the global economy after new Asian economic and health data kept investors on guard.

Beijing reported an uptick in coronavirus cases on Friday and South Korea reported 100 new cases, doubling its infections. In Japan, meanwhile, more than 80 people have tested positive for the virus.

Factory activity in Japan registered its steepest contraction in seven years in February, hurt by fallout from the outbreak. 

"We still believe that the market is likely to trade lower from current levels, given the scale of the surplus over the first half of this year, and the need for the market to send a signal to OPEC+ that they must take further action at their meeting in early March," said ING analyst Warren Patterson.

Russian Energy Minister Alexander Novak said on Thursday that global oil producers understood it would no longer make sense for the Organization of the Petroleum Exporting Countries and its allies to meet before the planned gathering.

The group, known as OPEC+, has been withholding supply to support prices and many analysts expect an extension or deepening of the curbs.