Trump escalates his immigration rhetoric with baseless claim about Biden trying to overthrow the US

Trump escalates his immigration rhetoric with baseless claim about Biden trying to overthrow the US
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President Joe Biden delivers remarks about immigration and border security on Feb. 29, 2024 in Olmito, Texas as he visited the border near Brownsville on the same day as a dueling trip made by former President Donald Trump to neighboring Eagle Pass, Texas. (Getty Images/AFP)
Trump escalates his immigration rhetoric with baseless claim about Biden trying to overthrow the US
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Migrants who crossed the Rio Grande and entered the US from Mexico are lined up for processing by US Customs and Border Protection on Sept. 23, 2023, in Eagle Pass, Texas. (AP/File)
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Updated 03 March 2024
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Trump escalates his immigration rhetoric with baseless claim about Biden trying to overthrow the US

Trump escalates his immigration rhetoric with baseless claim about Biden trying to overthrow the US
  • “Biden’s conduct on our border is by any definition a conspiracy to overthrow the United States of America,” Trump said in a campaign rally
  • Trump conjured images of Biden turning “public schools into migrant camps” and “the USA into a crime-ridden, disease-ridden dumping ground, which is what they’re doing."

GREENSBORO, North Carolina: Former President Donald Trump on Saturday further escalated his immigration rhetoric and baselessly accused President Joe Biden of waging a “conspiracy to overthrow the United States of America” as he campaigned ahead of Super Tuesday’s primaries.

Trump has a long history of trying to turn attack lines back on his rivals in an attempt to diminish their impact. Biden has cast Trump as a threat to democracy, pointing to the former president’s efforts to overturn the results of the 2020 election. Those efforts culminated in the attack on the US Capitol on Jan. 6, 2021, as his supporters tried to halt the peaceful transition of power.
Trump, who has responded by calling Biden “the real threat to democracy” and alleged without proof that Biden is responsible for the indictments he faces, turned to Biden’s border policies on Saturday, charging that “every day Joe Biden is giving aid and comfort to foreign enemies of the United States.”
“Biden’s conduct on our border is by any definition a conspiracy to overthrow the United States of America,” he went on to say in Greensboro, North Carolina. “Biden and his accomplices want to collapse the American system, nullify the will of the actual American voters and establish a new base of power that gives them control for generations.”
Similar arguments have long been made by people who allege Democrats are promoting illegal immigration to weaken the power of white voters — part of a racist conspiracy, once confined to the far right, claiming there is an intentional push by the US liberal establishment to systematically diminish the influence of white people.
Trump leaned into the theory again at his rally later in Virginia, saying of the migrants: “They’re trying to sign them up to get them to vote in the next election.”
“Once again Trump is projecting in an attempt to distract the American people from the fact he killed the fairest and toughest border security bill in decades because he believed it would help his campaign. Sad,” Biden campaign spokesman Ammar Moussa said in a statement.
Trump’s rally came three days before Super Tuesday, with elections in 16 states, including North Carolina and Virginia, where Trump held a rally Saturday evening. The primaries will be the largest day of voting of the year ahead of November’s general election, which is shaping up as a likely rematch of 2020 between Trump and Biden.
Nikki Haley, Trump’s last major rival, also campaigned in North Carolina. Speaking to reporters after her event in Raleigh, about 80 miles away, the former UN ambassador demurred on her plans after Super Tuesday.
“We’re going to keep going and we’re going to keep pushing,” she said, arguing a majority of Americans don’t want either Biden or Trump as the nation’s leader.
Much of Trump’s speech in North Carolina focused on the slew of criminal charges he faces. While the former president has successfully harnessed his legal woes into a powerful rallying cry in the primaries, it is unclear how his message of grievance will resonate with the more moderate voters who will likely decide the general election.
“I stand before you today not only as your past and hopefully future president, but as a proud political dissident and a public enemy of a rogue regime,” Trump said, railing against what he called an “anti-Democratic machine.”
At both rallies, Trump played a recording of “Justice for All,” the version of the Star-Spangled Banner that he collaborated on with a group of defendants jailed over their alleged roles in the January 2021 insurrection, whom he refers to as “hostages.”
As he focuses on the general election, Trump has painted an apocalyptic vision of the country under Biden, particularly on the topic of immigration, which was the animating issue of his 2016 campaign and which he has once again seized on as the US has experienced a record influx of migrants at the border.
Trump and Biden both visited the US-Mexico border on Thursday to highlight their contrasting approaches to the issue.
On Saturday, Trump conjured images of Biden turning “public schools into migrant camps” and “the USA into a crime-ridden, disease-ridden dumping ground, which is what they’re doing.” He also spoke at length about the murder of Laken Riley, a 22-year-old nursing student whose alleged killer is a Venezuelan man who entered the US illegally and was allowed to stay to pursue his immigration case.
Studies have found native-born US residents are more likely to have been arrested for violent crimes than people in the country illegally, but Trump has seized on several high-profile incidents, including a recent video of a group of migrants brawling with police in Times Square.
“Not one more innocent American life should be lost to migrant crime,” Trump said.
Beyond their importance on Super Tuesday, North Carolina and Virginia are both states the Trump campaign is focused on for November.
Trump won North Carolina twice but watched his margin of victory shrink. Biden’s reelection campaign already has staff on the ground hoping to flip the state for the first time since 2008.
Virginia, meanwhile, had once been a swing state but for years has trended blue and Trump lost there twice. But a Trump campaign senior adviser told reporters Saturday that he believes “we could make Virginia competitive.”
In North Carolina, a festive atmosphere surrounded the Greensboro Coliseum Complex ahead of Trump’s rally. Supporters stood in a line that snaked through a web of metal barricades and extended hundreds of yards from the arena. License plates from North Carolina, Virginia and Tennessee filled the parking lot, where Trump flags flew alongside US and Confederate flags on many vehicles.
“We just love Trump,” said, Mary Welborn, who lives in nearby Thomasville and expressed that she was frustrated by the criminal prosecutions and civil judgments against the former president. “The way he’s being treated is insane. No other president has been treated this way,” she said.
After the rally, several attendees praised Trump’s hard line on immigration.
“We look like fools around the world with the border just wide open,” said Samuel Welborn of Thomasville.
“My biggest concern is that my kids are not going to have the same country that I grew up in,” added his wife, Mary. “It’s just a different time.”
In Richmond, supporters started lining up Saturday morning for an evening rally at a downtown convention center. The entry lines stretched several blocks by mid-afternoon, and supporters booed as a vehicle with a Haley campaign ad circled the building.
David McDaniel of nearby Chester said the country had gone downhill since Trump left office and that he’d personally struggled.
McDaniel, who voted for Trump in 2016 and 2020, said he had to shut down a construction business he owned due to rising costs for materials and gas.
“The fuel prices just ran us out,” said McDaniel, 32. “So we need Trump to get back in so we can open it back up.”


Philippines’ Marcos features among Time’s 100 most influential people

Philippines’ Marcos features among Time’s 100 most influential people
Updated 18 April 2024
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Philippines’ Marcos features among Time’s 100 most influential people

Philippines’ Marcos features among Time’s 100 most influential people
  • Other Filipinos previously featured are Rodrigo Duterte, Leila de Lima, Maria Ressa
  • Magazine recognizes Marcos’ attempts to rehabilitate the name of his dictator father and namesake

MANILA: Time magazine has featured Philippine President Ferdinand “Bongbong” Marcos Jr. in its list of the 100 most influential people of 2024, which includes other heads of state, celebrities, scientists and tycoons.

First published in 1999, the annual list recognizes people from various fields for making an impact, breaking records or rules. Entrants are featured for making change — regardless of the consequences of their actions.

Marcos, 66, the son and namesake of the late Philippine dictator, won a landslide victory in the 2022 elections. He campaigned on the issue of national unity and portrayed himself as the candidate for change, promising happiness to 110 million Filipinos, weary of pandemic hardships and years of political polarization under his immediate predecessor Rodrigo Duterte.

The magazine recognized his efforts to rehabilitate and “whitewash” the name of his father and also highlighted his other achievements in office.

“He brought technocrats back into government, steadied the post-pandemic economy, and elevated the Philippines on the world stage,” Time’s news correspondent Charlie Campbell wrote.

“Many problems persist, including extrajudicial killings and journalists routinely attacked. But by trying to repair his family name, Bongbong may reshape his country too.”

The article also recognized Marcos for standing against Beijing’s claims in the disputed South China Sea, where Chinese ships have been regularly entering the Philippines’ exclusive economic zone.

Standing steadfast against Chinese aggression has also gained him praise at home.

“His policy on the West Philippine Sea of standing up against China is good,” said Raymond Zabala, a lawyer, who was “optimistic and skeptical at the same time” about Marcos’ inclusion in Time’s list, owing to unanswered issues about his family’s ill-gotten wealth and abuses during his father’s rule.

“Given his family’s background and some of the issues during the election campaign, I can’t help but feel critical.”

While appearing on Time’s list is often seen as an honor, Filipinos said they did not see how their country was improving its reputation, although they were observing fewer human rights violations compared with the previous Duterte administration and its “war on drugs,” which according to rights groups has led to the deaths of over 12,000 people.

“The Philippines will be reverting back to its usual image of a corrupt nation, probably minus the extrajudicial killings,” said Crystal Arcega, a law student.

Writer Pam Musni told Arab News she felt the perception of Marcos’ administration was the same as that of his predecessor’s, although “probably less bloodthirsty” and “more emboldened” against China.

“I understand why he was included in the list, with ‘influential’ not necessarily being a good or bad thing,” she said.

“It is especially frustrating that he does not make any significant strides towards the threat of climate change, and that he has expressed support for Israel, a country that has been killing many innocent lives in Palestine.”

A recent Pulse Asia survey showed Marcos’ performance ratings fell from 68 percent in December 2023 to 55 percent in March.

“I’m still waiting to hear how he plans to assert our sovereignty, since that is always a balancing act with the US,” said sustainable development practitioner J.K. Asturias.

Initially enthusiastic about Marcos’ $160 billion infrastructure plans under his Build Better More program, he has been increasingly critical over lack of support for alternative modes of transportation.

“In recent times I’ve been especially disappointed with how they are banning light electric vehicles even though there is a law that says the government should be incentivizing their adoption. I also feel he does a lot of greenwashing, pretending he’s pro-environment even though he pushes for mining,” Asturias said.

For him, the impression that Time’s list would create was one of the Filipinos’ tendency to forget.

“Many people will most likely see the Philippines as a nation that forgets too soon and forgives too much,” he said. “If they don’t think that already.”

Other Filipinos featured by Time have included Duterte and his vocal critic and former senator Leila de Lima in 2017.

Journalist Maria Ressa was recognized by Time in 2019 — two years before becoming a Nobel Peace Prize laureate.

The late former President Corazon Aquino, a central figure in the ousting of Marcos’ father in the bloodless 1986 People Power Revolution, was Time’s Woman of the Year in 1987.


Indonesia and China make joint call for permanent Gaza ceasefire

Indonesia and China make joint call for permanent Gaza ceasefire
Updated 18 April 2024
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Indonesia and China make joint call for permanent Gaza ceasefire

Indonesia and China make joint call for permanent Gaza ceasefire
  • Countries’ foreign ministers also support Palestine’s bid for full UN membership
  • Both officials urge restraint following Israeli, Iranian strikes this month

JAKARTA: Indonesia and China made a joint call on Thursday for an immediate and permanent ceasefire in Gaza, and the implementation of the two-state solution in Palestine.

The move came after a meeting between Indonesian Foreign Minister Retno Marsudi and her Chinese counterpart, Wang Yi, in Jakarta. The two ministers exchanged views on international security and stability amid fears of a regional conflict in the Middle East.

“The visit of the Chinese foreign minister comes at a time when we all have concerns about the evolving situation in the Middle East. We share the same view on the importance of all parties exercising restraint and the necessity of deescalation,” Marsudi told reporters during a joint press briefing.

“I am sure that China will use its influence to prevent escalation. We also shared the same views on the importance of a ceasefire in Gaza and the fair resolution on the issue of Palestine through a two-state solution,” she said.

“Indonesia will support full Palestinian membership at the UN. Stability in the Middle East cannot be achieved without a resolution of the Palestinian issue.”

Wang’s visit to Jakarta is part of a six-day tour that also involves trips to Papua New Guinea and Cambodia.

His meeting with Marsudi followed Iran’s attack on Israel last weekend. The attack was a response to an Israeli airstrike earlier this month that destroyed an Iranian consulate building in Damascus, Syria, killing 13 people, including two top military commanders.

“We urge all parties involved to maintain calm and restraint in order to avoid escalation of the situation, and prevent conflicts from spilling over. China supports the UN Security Council in promptly accepting Palestine as a full member of the UN,” Wang said.

The council is due to vote on Friday on a Palestinian request for full UN membership.

Beijing is also advocating “a larger, more authoritative and more effective international peace conference” that will formulate a timetable and road map to implement the two-state solution.

“Unconditional and lasting ceasefires need to be immediately implemented, and substantive action should be taken to protect civilians. Urgent humanitarian assistance should be sent to Gaza to ensure that supplies can be delivered quickly, safely and sustainably,” Wang added.

Six months on, Israel’s war on Hamas in Gaza has killed more than 33,800 Palestinians as the UN warns of impending famine in the besieged enclave.

Although the UN Security Council in March adopted a resolution demanding an immediate ceasefire during the Muslim holy month of Ramadan, there was no stop in the deadly Israeli attacks.


UK’s Rwanda plan rejected by Lords after vote to exempt Afghan soldiers

UK’s Rwanda plan rejected by Lords after vote to exempt Afghan soldiers
Updated 18 April 2024
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UK’s Rwanda plan rejected by Lords after vote to exempt Afghan soldiers

UK’s Rwanda plan rejected by Lords after vote to exempt Afghan soldiers
  • Peers approve amendment to bill to protect ex-servicemen, families from being deported
  • Bill to return to Commons after Lords also vote to set up committee to monitor safety in Rwanda

LONDON: The UK’s House of Lords rejected the government’s plan to send migrants to Rwanda for asylum processing in a vote on Wednesday after it approved two amendments to the legislation.

The upper chamber of Parliament voted in favor of a proposal to exempt Afghans who worked with UK military personnel from being deported to the East African country, and of another that would see a committee established to monitor safety in Rwanda.

The bill will return to the House of Commons early next week, where MPs have previously refused to back amendments made to it by the Lords. 

The government of Prime Minister Rishi Sunak, who has made the Rwanda scheme a core part of his pledge to lower illegal migration across the English Channel before the next general election, says the bill in its current form is “the right way forward.”

However, a previous version of the scheme was rejected by the UK Supreme Court in 2023 as unlawful. 

The plan has also drawn cross-party criticism for its expense, worries about its effectiveness, the government’s inability to implement it and for the way it treats people in need of asylum, including former Afghan soldiers, translators and their families, many of whom risked their lives to assist the UK during operations in Afghanistan.

Numerous Afghans have been identified as having been threatened with deportation to Rwanda for entering the UK illegally, with many claiming safe legal routes either don’t work in practice or don’t exist.

The Independent highlighted the cases of a former Afghan Air Force pilot hailed as a “patriot” by former colleagues, who crossed the Channel in a small boat, and of two former Afghan special forces soldiers belonging to units known as “Triples” run by the British Army, who were wrongly denied assistance by the UK Ministry of Defence.

Along with reporting by Lighthouse Reports and Sky News, hundreds of other former Triples soldiers have also been identified hiding in Pakistan, awaiting an MoD review after many were refused entry to the UK.

The Lords amendment on protections from deportation for former Afghan military personnel was proposed by a former UK defense secretary, Lord Browne of Ladyton, and supported by two former chiefs of the UK’s defense staff.

Earlier on Wednesday Home Office minister Michael Tomlinson said peers should reject the amendments to “send a clear signal that if you come to the UK illegally, you will not be able to stay.”

But Lord Browne told the Lords: “Now is the time to give these people the sanctuary their bravery has earned.”

He added the government needed to be reminded of “the political consequences of their failure not to give either an assurance that is bankable or to accept this amendment. Because there is little, if any, support in your lordships’ House for their failure to do this and there (is) certainly no majority support in the country to treat these brave people this way.”

Lord Coaker, shadow home affairs spokesperson in the Lords, added: “Why on earth would the government oppose that particular amendment? It’s one of those things that is completely unbelievable.”

On Wednesday, Conservative MP Sir Robert Buckland told the Commons: “There is still a class of people who have served this country, who have been brave and have exposed themselves to danger, who have not yet been dealt with.

“Many of them are in Pakistan, and I think that it would have been helpful to have perhaps seen an amendment in lieu to deal with that point.”


Once a fringe ideology, Hindu nationalism is now mainstream in India

Once a fringe ideology, Hindu nationalism is now mainstream in India
Updated 18 April 2024
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Once a fringe ideology, Hindu nationalism is now mainstream in India

Once a fringe ideology, Hindu nationalism is now mainstream in India
  • Modi’s spiritual and political upbringing from the RSS group is the driving force, experts say
  • At the same time, his rule has seen brazen attacks against minorities, particularly Muslims

AHMEDABAD: Hindu nationalism, once a fringe ideology in India, is now mainstream. Nobody has done more to advance this cause than Prime Minister Narendra Modi, one of India’s most beloved and polarizing political leaders.

And no entity has had more influence on his political philosophy and ambitions than a paramilitary, right-wing group founded nearly a century ago and known as the RSS.

“We never imagined that we would get power in such a way,” said Ambalal Koshti, 76, who says he first brought Modi into the political wing of the Rashtriya Swayamsevak Sangh in the late 1960s in their home state, Gujarat.

Modi was a teenager. Like other young men — and even boys — who joined, he would learn to march in formation, fight, meditate and protect their Hindu homeland.

A few decades earlier, while Mahatma Gandhi preached Hindu-Muslim unity, the RSS advocated for transforming India — by force, if necessary — into a Hindu nation. (A former RSS worker would fire three bullets into Gandhi’s chest in 1948, killing him months after India gained independence.)

Modi’s spiritual and political upbringing from the RSS is the driving force, experts say, in everything he’s done as prime minister over the past 10 years, a period that has seen India become a global power and the world’s fifth-largest economy.

At the same time, his rule has seen brazen attacks against minorities — particularly Muslims — from hate speech to lynchings. India’s democracy, critics say, is faltering as the press, political opponents and courts face growing threats. And Modi has increasingly blurred the line between religion and state.

At 73, Modi is campaigning for a third term in a general election, which starts Friday. He and the ruling Bharatiya Janata Party are expected to win. He’s challenged by a broad but divided alliance of regional parties.

Supporters and critics agree on one thing: Modi has achieved staying power by making Hindu nationalism acceptable — desirable, even — to a nation of 1.4 billion that for decades prided itself on pluralism and secularism. With that comes an immense vote bank: 80 percent of Indians are Hindu.

“He is 100 percent an ideological product of the RSS,“in said Nilanjan Mukhopadhyay, who wrote a Modi biography. “He has delivered their goals.”

Mohanlal Gupta, a scrap trader, worships a statue of Indian Prime Minister Narendra Modi at a temple he has built on the third floor of his residential building at Gadkhol village near Ankleshwar in Baruch district of Gujarat state, India, on February 5, 2024. (AP)

UNITING HINDUS

Between deep breaths under the night sky in western India a few weeks ago, a group of boys recited an RSS prayer in Sanskrit: “All Hindus are the children of Mother India ... we have taken a vow to be equals and a promise to save our religion.”

More than 65 years ago, Modi was one of them. Born in 1950 to a lower-caste family, his first exposure to the RSS was through shakhas — local units — that induct boys by combining religious education with self-defense skills and games.

By the 1970s, Modi was a full-time campaigner, canvassing neighborhoods on bicycle to raise RSS support.

“At that time, Hindus were scared to come together,” Koshti said. “We were trying to unite them.”

Supporters of Bharatiya Janata Party (BJP) wear Indian prime Minister Narendra Modi masks during an election campaign in Ghaziabad, India, on April 6, 2024. (AP)

The RSS — formed in 1925, with the stated intent to strengthen the Hindu community — was hardly mainstream. It was tainted by links to Gandhi’s assassination and accused of stoking hatred against Muslims as periodic riots roiled India.

For the group, Indian civilization is inseparable from Hinduism, while critics say its philosophy is rooted in Hindu supremacy.

Today, the RSS has spawned a network of affiliated groups, from student and farmer unions to nonprofits and vigilante organizations often accused of violence. Their power — and legitimacy — ultimately comes from the BJP, which emerged from the RSS.

“Until Modi, the BJP had never won a majority on their own in India’s Parliament,” said Christophe Jaffrelot, an expert on Modi and the Hindu right. “For the RSS, it is unprecedented.”

SCALING HIS POLITICS

Modi got his first big political break in 2001, becoming chief minister of home state Gujarat. A few months in, anti-Muslim riots ripped through the region, killing at least 1,000 people.

There were suspicions that Modi quietly supported the riots, but he denied the allegations and India’s top court absolved him over lack of evidence.

Instead of crushing his political career, the riots boosted it.

Modi doubled down on Hindu nationalism, Jaffrelot said, capitalizing on religious tensions for political gain. Gujarat’s reputation suffered from the riots, so he turned to big businesses to build factories, create jobs and spur development.

“This created a political economy — he built close relations with capitalists who in turn backed him,” Jaffrelot said.

Modi became increasingly authoritarian, Jaffrelot described, consolidating power over police and courts and bypassing the media to connect directly with voters.

The “Gujarat Model,” as Modi coined it, portended what he would do as a prime minister.

“He gave Hindu nationalism a populist flavor,” Jaffrelot said. “Modi invented it in Gujarat, and today he has scaled it across the country.”

BIG PLANS

In June, Modi aims not just to win a third time — he’s set a target of receiving two-thirds of the vote. And he’s touted big plans.

“I’m working every moment to make India a developed nation by 2047,” Modi said at a rally. He also wants to abolish poverty and make the economy the world’s third-largest.

If Modi wins, he’ll be the second Indian leader, after Jawaharlal Nehru, to retain power for a third term.

With approval ratings over 70 percent, Modi’s popularity has eclipsed that of his party. Supporters see him as a strongman leader, unafraid to take on India’s enemies, from Pakistan to the liberal elite. He’s backed by the rich, whose wealth has surged under him. For the poor, a slew of free programs, from food to housing, deflect the pain of high unemployment and inflation. Western leaders and companies line up to court him, turning to India as a counterweight against China.

He’s meticulously built his reputation. In a nod to his Hinduism, he practices yoga in front of TV crews and the UN, extols the virtues of a vegetarian diet, and preaches about reclaiming India’s glory. He refers to himself in the third person.

P.K. Laheri, a former senior bureaucrat in Gujarat, said Modi “does not risk anything” when it comes to winning — he goes into the election thinking the party won’t miss a single seat.

The common thread of Modi’s rise, analysts say, is that his most consequential policies are ambitions of the RSS.

In 2019, his government revoked the special status of disputed Kashmir, the country’s only Muslim-majority region. His government passed a citizenship law excluding Muslim migrants. In January, Modi delivered on a longstanding demand from the RSS — and millions of Hindus — when he opened a temple on the site of a razed mosque.

The BJP has denied enacting discriminatory policies and says its work benefits all Indians.

Last week, the BJP said it would pass a common legal code for all Indians — another RSS desire — to replace religious personal laws. Muslim leaders and others oppose it.

But Modi’s politics are appealing to those well beyond right-wing nationalists — the issues have resonated deeply with regular Hindus. Unlike those before him, Modi paints a picture of a rising India as a Hindu one.

Satish Ahlani, a school principal, said he’ll vote for Modi. Today, Ahlani said, Gujarat is thriving — as is India.

“Wherever our name hadn’t reached, it is now there,” he said. “Being Hindu is our identity; that is why we want a Hindu country. ... For the progress of the country, Muslims will have to be with us. They should accept this and come along.”


EU, US reindustrialization accelerates: study

EU, US reindustrialization accelerates: study
Updated 18 April 2024
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EU, US reindustrialization accelerates: study

EU, US reindustrialization accelerates: study
  • Report: ‘The rapidity with which reindustrialization has taken hold is remarkable’
  • COVID-19 pandemic and Russia's brought to the fore the national security aspect of having control over essential supplies and the necessary manufacturing capacity

PARIS: Companies in Europe and the United States are set to plow more money into bringing manufacturing home after the Covid-19 pandemic and Russian invasion of Ukraine disrupted the global economy, a study published Thursday found.
The report by consulting firm Capgemini found that companies in 13 industrial sectors in 11 countries in Europe and the United States plan to invest $3.4 trillion over the next three years on bringing manufacturing home or to a nearby country.
That is up from $2.4 trillion in the past three years.
“The rapidity with which reindustrialization has taken hold is remarkable,” said the report.
“Driving this is the imperative to promote supply chain resilience and flexibility; increase both the availability and appeal of skilled manufacturing jobs; meet climate targets; re-establish national security in strategic sectors, and regain the manufacturing might that the industrial powerhouses of Europe and North America once enjoyed,” it added.
The COVID-19 pandemic severely disrupted global supply chains, making many companies want to regain greater control over raw materials and components.
The Russian invasion of Ukraine brought to the fore the national security aspect of having control over essential supplies and the necessary manufacturing capacity.
“We were surprised by the magnitude of the phenomenon” of relocalization of manufacturing, one of the report’s authors, Etienne Grass, said.
He noted that the investment represents an average allocation of around 8.7 percent of revenue of the companies it surveyed.
“That’s really a considerable” amount, Grass said.
Some 1,300 senior executives of industrial firms with more than a $1 billion in annual revenue were interviewed for the survey in February.
The companies were located in Britain, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden and the United States.
The top reason cited by companies for reindustrialization was to strengthen their supply chains, followed by the importance of establishing a domestic manufacturing infrastructure to ensure national security.
In third place was reducing greenhouse gas emissions, followed by taking advantage of financial incentives to reindustrialize offered by their governments.
While US companies have the largest reinvestment plans in absolute terms at $1.4 trillion, it trails companies in other nations in terms of percentage of gross domestic product, said Grass.
The German reindustrialization effort is equivalent to 20 percent of GDP and the French effort is 13 percent, compared to five percent for the United States despite the generous subsidies offered under the Inflation Reduction Act.
In addition to bringing production back or near home, companies are also reducing their dependence on China by investing in other emerging market nations, the report found.
“To this end, businesses are distributing their critical assets (such as production facilities, warehouses, and logistics centers) across geographies such as India, Southeast Asia, Africa, and Mexico,” it said.