China’s market woes are more than a distant explosion The world has finally woken up to the magnitude of what is happening in China.| glObserver Global Economics

The world has finally woken up to the magnitude of what is happening in China.

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What this reveals is that there is still a fundamental tension in China between a desire to intervene and a desire to let market forces operate,” says Fred Neumann, chief Asia economist at HSBC. That could affect whether the International Monetary Fund includes the renminbi in its appropriate drawing rights, or whether China’s A-shares gain access to the MSCI Emerging Market index. Certainly,

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A search for shady solutions under the brutal Israeli sun| glObserver Global Economics

Finding shady solutions for Israel’s public spaces, where glaring sunshine often reigns supreme, is the focus of a new exhibit at the Design Museum in the central Israeli town of Holon.

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People huddle behind bus stops to escape the sun, but find no refuge in large open spaces like Tel Aviv’s Rabin Square. The sun is particularly dangerous for children, Dvash said, and the goal of the exhibit is to make people additional aware of the problem.

“We observed there are fewer and fewer people in the streets, and one of the reasons is there is less and less shade,” said Galit Gaon, the museum’s chief curator.

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Côte d’Ivoire’s President Launches West African Energy Leaders Group| glObserver Global Economics

Côte d’Ivoire’s President Alassane Ouattara headed a top-level line-up of political and business leaders on Tuesday, June 30 in Abidjan to launch the African Energy Leaders Group (AELG) in West Africa, with concrete plans to drive sector reforms and a pipeline of bankable investment projects for sustainable energy access across the re

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The AELG, conceived under the United Nations Secretary-General’s Sustainable Energy for All (SE4All) initiative, creates a platform for governments and business leaders to build dialogue and partnerships to break down these barriers, fostering the necessary reforms and encouraging investment through both traditional and innovative channels.

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As cyber-risks abound, airline industry seeks Israeli help| glObserver Global Economics

The International Air Transport Association (IATA) has signed an agreement with Tel Aviv University under which a new joint center for innovation in aviation will be established in order to develop technologies to protect airline reservations systems, authentication for security purposes, and financial systems, inclunding to develop ways to run air

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IATA, the largest international airline group, will work with Tel Aviv University to improve on- and off-line security for its members

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Tajikistan, China mull cooperation | glObserver Global Economics

China-Tajikistan business cooperation will enter a new stage, Chairman of Tajikistan’s Chamber of Commerce and Industry (CCI) Sharif Said said at a conference with an economic delegation from China’s Shanxi Province, according to the TajikTA Agency.

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He as well suggested creating a joint venture on building multistory houses and tourist infrastructure, which will help develop both the local economy and strengthen ties with China.

Moreover, Chinese company Dong Ying Heli Investment and Development Co. Ltd will train Tajik specialists to operate a next oil refinery next its construction, which will commence in the Danghara free economic zone (FEZ) by late 2015.

See on Scoop.itglObserver Asia

Communications Minister Affirms State’s Concern With Telecommunications Sector| glObserver Global Economics

The Minister of Communications and Data Technology Dr. Tahani Abdullah Attia chaired Monday at the Communications Tower the initial conference of the Council of Minister next the new formation of the ministry.

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Dr. Tahani stressed, during the conference, that the new form of the ministry, which confined its functions and tasks in the communications and data technology sector, confirmed the great attention given by the national to this sector in the projects implementation, infrastructure establishment and additional perfection of all business and services provided by institutions and citizens to be provided electronically.

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Microsoft CEO Satya Nadella in Kenya for Windows 10 Launch | glObserver Global Economics

Microsoft CEO Satya Nadella, is in Kenya for the launch of Windows 10. Mr.

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Nadella as well posted a picture on Tuesday from the Nanyuki Airfield, in Laikipia County of Kenya. Nairobi is one of 13 cities where Microsoft is holding appropriate launch events on Wednesday. Nanyuki a town where Microsoft has pioneered its Mawingu project, a project that seeks to use TV whitespaces technology to provide internet for residents in Laikipia county, though the project is still on its piloting stages.

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Japan to upgrade quake monitoring system in Turkmenistan| glObserver Global Economics

The earthquake monitoring system will be modernized in Ashgabat, “Neutral Turkmenistan” newspaper reported. The implementation of this project is envisaged in a separate paragraph of the joint statement on new partnership between Turkmenistan and Japan.

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Recently, Turkmenistan has hosted a conference with the delegation of Japan International Cooperation Agency (JICA), the sites for installing the equipment were reviewed, the tasks of the joint coordinating committee were determined and the action plan for the next was agreed upon, said the statement.

See on Scoop.itglObserver Asia

South Africa: Tshwane Jacks Up Free Wi-Fi Speed| glObserver Global Economics

The City of Tshwane is racing ahead with its free Wi-Fi programme for residents by upgrading the speed of its network as well the number of sites. Tshwane on Wednesday announced that it has increased the speed from an average 7mbps (megabits per second) to 15mbps without incurring any additional cost to the city.

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"The provision of free Wi-Fi illustrates our desire to build a resilient, inclusive and liveable city. We call on community members, parents and learners to take ownership of the assets that government is bringing to their lives and ensure their longevity, and to keep Tshwane connected, moving us to be being the e-Capital of Africa as well," said Executive Mayor Kgosientso Ramokgopa.

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Zimbabwe: Mandiwanzira Confirms Zarnet’s Bid to Take Over Telecel| glObserver Global Economics

ICT Minister Supa Mandiwanzira has told parliament that Government through its unit Zarnet is in negotiations for the acquisition of Telecel Zimbabwe. ZARNet is a specialist Internet Service Provider founded in 1997.

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Earlier, Mandiwanzira had just hinted to the media that "big things" were happening at the company, refusing to shed light on its status after reports this week that the government intended to take over the firm.

In its Regulatory Order 1/2015, Potraz notes a letter dated April 2, 2015 from the ICT minister which was an acceptance by the Government of Global Telecom’s offer to sell its indirect 60% stake in Telecel to the government.

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