Deals take backseat to organic growth

first_imgWednesday 9 March 2011 8:27 pm Deals take backseat to organic growth Share More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Show Comments ▼ whatsapp KCS-content WHEN Tidjane Thiam pledged to double Asian profits by 2013, there were more than a few raised eyebrows. He set the target in December of last year, soon after his disastrous attempt to buy the Asian operations of AIG for $35.5bn. Having pulled the plug on the transformational deal, he quickly became a convert to the opportunities offered by organic growth rather than mega acquisition. If the Pru could hit such gruelling targets alone, why bid for AIA in the first place? It appears he was right, second time round at least. Asian operating profits according to the IFRS accounting standard were up 29 per cent last year, much higher than the 19 per cent compound annual growth implied in Thiam’s ambitious targets. New business profits in the region were up 24 per cent, also ahead of target. Looking East for growth is a familiar strategy, but it’s worth reiterating just why Asia is such a hot property for the likes of Prudential. In India and China the life insurance penetration rate is just four per cent, compared to 13 per cent in the UK while McKinsey estimates that the compound annual growth rate in China will exceed 15 per cent for the next five years. Elsewhere, the results beat expectations on just about every measure. IFRS operating profit was up 24 per cent year-on-year to £1.941bn, beating consensus by 24 per cent; new business sales were up by 23 per cent to £3.485bn. And this was all without sacrificing the margin, which widened by 100bps to 58 per cent. After the AIA farce, Thiam faced an uphill struggle to rehabilitate his reputation. According to yesterday’s figures, he has made an excellent start. whatsapp Tags: NULLlast_img read more

Google opens Play Store to gambling apps in 15 countries

first_imgNorway, where Norsk Tipping and Norsk Rikstoto are the only legal gambling providers, does not appear to have any restriction on which operators can host apps in the country’s Play Store, however.  Daily fantasy sports, in states where the vertical is regulated as a form of gambling, will also be subject to these restrictions. The Play Store is the official app store for Google’s Android mobile operating system and is included in all Android software. Search and technology giant Google has announced major changes to the Developer Programme Policy, that will see players in 15 countries, including the US, permitted to download gambling apps from the Play Store. Tags: Google Topics: Casino & games Lottery Sports betting Tech & innovation Platform Each app will have to go through a robust selection process. Developers will have to complete an application, and each app must comply with all laws and industry standards in each country.  Email Address Currently gambling apps are only permitted in the UK, French and Irish Play Stores, while Brazilian players can download apps for horse racing and lotteries operated by the country’s central bank Caixa Econômica Federal.  AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The US Play Store conforms to state regulations, so sports betting apps will only be offered in states with legal mobile wagering, and casino restricted to Delaware, New Jersey and Pennsylvania. Poker-only apps will be permitted in Nevada. Subscribe to the iGaming newslettercenter_img Regions: Asia Canada LATAM Oceania US Japan Central and Eastern Europe Nordics Southern Europe Western Europe Germany Romania Denmark Finland Norway Sweden Spain Belgium Colombia Mexico Australia New Zealand Google opens Play Store to gambling apps in 15 countries This changes from 1 March. From that date, gambling apps will be available in the Australian, Belgian, Canadian, Colombian, Danish, Finnish, German, Japanese, Mexican, New Zealand, Norwegian, Romanian, Spanish, Swedish and US Play Stores. 29th January 2021 | By Robin Harrison Platform Finally, the app and its listing in Play Store must also display information about responsible gambling. The specific restrictions differ in each market. For example, in Finland only monopoly operator Veikkaus’ apps will be permitted. The developer must also hold a valid gambling licence for each country or state in which it is distributed.  There must also be safeguards to prevent minors from using the app, and it must be rated as AO (Adult Only). The products must also be free to download, and not use Google Play’s in-app billing functionality.  In Germany only sports betting and state lottery apps are to be allowed, despite the online slots and poker being permitted under a transitional regime, and a licensing system for the casino vertical coming into force from July. last_img read more

Gambhir is Delhi Daredevils captain: it’s official

first_img PSL 2021 Eliminator 1 PES vs KAR LIVE: best way to watch Peshawar Zalmi vs Karachi Kings Live Streaming in your country, India, Follow Live update CricketIndian premier leagueLatest Sports NewsSports BusinessNewsSport Football Facebook Twitter Seasoned campaigner Gautam Gambhir has been named the captain of the Delhi Daredevils for the Indian Premier League 2018.The Delhi Daredevils chief executive Hemant Dua has made the formal announcement at an event in the Capital on Wednesday. Dua also shared his joy on Twitter. Share on Facebook Tweet on Twitter Cricket Euro 2020- Switzerland beat Turkey 3-1: Shaqiri’s brace keep Switzerland hopes alive; Turkey face exit from Euros Gambhir is Delhi Daredevils captain: it’s official WTC Final Day 3 Stumps: India remove Conway and Latham but Kiwis on top; NZ 101/2 (49 ovs) trail by 116 runs TAGSDelhi DaredevilsDelhi Daredevils CaptainGautam Gambhir SHARE Latest Sports News Cricket WI vs SA 2nd Test Day 3 Live: Rain stops play; South Africa in huge trouble, SA 66/6 (24.3 ov)- Follow Live Updates WTC Final LIVE: Jamieson says, ‘nice and pleasing to get Virat Kohli’s wicket’; Gill feels India could have got more wickets Cricket YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoDefinitionWhat ‘Harry Potter’ Characters Were Actually Supposed To Look LikeDefinition|SponsoredSponsoredUndo Cricket Cricket By Kunal Dhyani – March 7, 2018 Previous articleIndian Olympic Association-Ministry of Sports on warpath?Next articleJioTV presents Nidahas Trophy tri-series live in India Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video PSL 2021 Qualifier 1 ISL vs MUL LIVE: best way to watch Islamabad United vs Multan Sultans Live Streaming in your country, India, Follow… BCCI Apex Council Meet: BCCI to bid for 3 major global events in next tournament cycle starting from 2024; Check Cricket Cricket WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start Gambhir along with two other teammates ICC Under-19 World Cup star Manjot Kalra and Naman Ojha was present at the event.“I’m more excited than I have ever been,” the Delhi boy Gambhir said about his home coming for the IPL. “You don’t play a tournament to make a comeback, you play to win the tournament. Every time before the IPL I am asked this question. But a leader plays to help his side win. Not for a personal comeback,” he added.Delhi had “regained” Gambhir for ₹2.8 crore after Kolkata Knight Riders had decided to release the seasoned southpaw. Gambhir had later persuaded the IPL Kolkata franchisee to not to bid for him during the player auction. He had entered the auction at a base price of ₹ 2 crore.“I’m privileged to be captaining Delhi Daredevils. It is always great to come back home, where you strated your IPL career, cricketing career as well,” Gambhir said. “Hopefully this is the place I’m going to finish as well. So I am really looking forward to it and really really, really excited about it.”Dua welcomed the move to give the Delhi team reigns to Gambhir. “I had maintained post the auction that Gauti (Gambhir) has unfinished business with the franchise. He was the second highest scorer during the last IPL. But above all, he is a leader, so this appointment was an easy choice. Both Ricky (Ponting) and Gauti have spoken to each other. I am glad that they are both on the same page.”“Gauti has been a leader for a very long time. He has always proven himself to be one of the top leaders during his stint with other sides in the IPL. He has a big personality, but it is the drive behind the outward confidence which I think will inspire the rest of the team. He has the respect of the dressing room and the franchise is proud to have him as our captain. I would like to congratulate him on the appointment and wish him, all the very best,” the DD coach Ricky Ponting said.Ever since, Gambhir was released from the KKR camp there was a speculation that the Delhi veteran was willing to return home for signing off his IPL career from where it has all started.The former India opener, who formed one of the most formidable opening pairs with Virender Sehwag, has led KKR to their two IPL title triumphs. Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Cricket RELATED ARTICLESMORE FROM AUTHORlast_img read more

Letlole La Rona Limited (LETL.bw) HY2014 Interim Report

first_imgLetlole La Rona Limited (LETL.bw) listed on the Botswana Stock Exchange under the Property sector has released it’s 2014 interim results for the half year.For more information about Letlole La Rona Limited (LETL.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Letlole La Rona Limited (LETL.bw) company page on AfricanFinancials.Document: Letlole La Rona Limited (LETL.bw)  2014 interim results for the half year.Company ProfileLetlole La Rona Limited, listed on the Botswana Stock Exchange, is a real estate development and management company that owns and operates commercial and industrial properties in Botswana which includes hotels, warehouses and factories. The focus of the company property portfolio is on industrial properties. Letlole La Rona Limited has thirteen industrial properties in its portfolio; as well as Moedi House which is a commercial property; Shoppers which is retail property; Red Square which is a residential development; and four hospitality properties which are Bosele Hotel, President Hotel, Cresta Lodge and Thapama Lodge. Letlole La Rona Limited is a subsidiary of Botswana Development Corporation Limited.last_img read more

Royal Dutch Shell shares: what I think the updated outlook means

first_imgSimply click below to discover how you can take advantage of this. Jay Yao | Friday, 15th January, 2021 | More on: RDSB I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address Updated Q4 Outlook Royal Dutch Shell shares: what I think the updated outlook means  Jay Yao has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. 2,300–2,500 830–870 Previous Q4 Outlook “This Stock Could Be Like Buying Amazon in 1997” It looks to me like management is possibly becoming more optimistic about integrated gas production but also softening the guidance range for upstream production for the fourth quarter.Because upstream still matters for a company like RDSB, I reckon some short-term investors might have sold some shares as a result of that more pessimistic upstream guidance. What I think the update means for Royal Dutch Shell sharesWhile management updated their guidance and Royal Dutch Shell shares fell, I don’t know that the updated Q4 guidance really matters all that much for shares in the long term.Although stronger upstream production guidance could have helped, I reckon the company’s stock price depends a lot more on the long-term price of oil rather than on quarterly production fluctuations.If long-term oil prices rise even modestly, I can see how RDSB could easily recover the 6% retreat. In terms of just how much the company is affected by oil, management estimates their cash flow from operations sensitivity is around $6bn per year for each $10 per barrel price movement in Brent.Is the stock a buy?I think my appetite for RDSB stock will depend a lot on how management transitions into a greener future.The oil giants will certainly face challenges in terms of their transition into a greener future. However, I still believe the market is underestimating RDSB. While it might not be as profitable as it was before, the company has immense financial resources and leading R&D capabilities. Given that Royal Dutch Shell isn’t paying as much in dividends as it could, I believe management can also use M&A to speed up the transition. With the right execution and enough time to transition, the company could still be a good investment.As for what I think will happen this year, it’s my belief there is reason for cautious optimism. If the world does a good job of manufacturing and distributing Covid-19 vaccines, there is potential for economic growth to beat expectations. If oil prices outperform because economic growth substantially exceeds estimates, there is potential for RDSB to outperform too. Given its fair valuation, I’d buy and hold Royal Dutch Shell shares. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. 900–940 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Upstream production(in thousands of boe/d) 2,275–2,350 Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Integrated gas production(in thousands of barrels of oil equivalent per day) Royal Dutch Shell (LSE:RDSB) recently released an updated outlook for its fourth quarter 2020. Shares fell approximately 6% around the time of the release. Management had earlier provided a Q4 outlook, in the third quarter when they had much less visibility.   Given the share price movement, I decided to take a closer look. Here’s more on the update and what I think it means for Royal Dutch Shell shares. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Updated outlookAlthough many things are different, here are two key differences I identified between management’s previous and updated Q4 outlooks. See all posts by Jay Yaolast_img read more

Bartercard enables corporates’ non-cash donations to benefit British Red Cross

first_imgBartercard enables corporates’ non-cash donations to benefit British Red Cross AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 26 November 2004 | News  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Bartercard UK is part of an international bartering network that allows businesses to sell any spare capacity or down time in return for goods and services they need for their own business. Almost anything can betraded within the network, as member businesses offer everything fromsectors such as manufacturing, transport, IT and financial services throughto retail, hospitality and consumer services. Bartercard UK expects that donations will be surprisingly varied, from unused computers and electrical goods to a set amount of consultancy time or advertising space. Bartercard will then sell these contributions into the network and donate all the proceeds to the British Red Cross.Transactions are made using Trade Pounds, which have the same pound for pound value as sterling, and it is with this that the British Red Cross will be able to source various items, ranging from car rental, printing and business services to advertising, medical products and uniforms.With a membership of over 70,000 companies around the world, Bartercard will enable the charity to source essentials from over 16 countries.Wayne Sharpe, CEO of Bartercard, believes this is a pioneering style of sponsorship which is ideal for charities that are in constant need of support on all levels. He said: “thinking and working outside the traditional cash world will hopefully encourage businesses to be imaginative and resourceful when it comes to giving to charity.”Paul Marvell, Head of Major Donors and Events, British Red Cross comments: “Bartercard has really opened our eyes to new ways in which the British Red Cross can source the things we need day to day. Companies that may not be in a position to donate cash, can instead think laterally and donate excess goods and services, knowing that Bartercard can easily convert this intothings the charity really needs. It’s a whole new way of raising money and we’re delighted to be a part of it.” Business trade exchange Bartercard UK is to encourage companies to donate unused services or products to the British Red Cross.Having signed a sponsorship deal worth £100,000 with the British Red Cross, Bartercard UK is to allow businesses of any size and from any sector around the world to donate their unused products and services via the international Bartercard network, with all proceeds going to the British Red Cross. The partnership is designed to appeal to companies that wish to support a charity but don’t have the spare cash available. Advertisement Tagged with: Tradinglast_img read more

Cultures Giving Gender Wealth Values 8 H and Values Influence Philanthropy (Issue 8: New Directions for Philanthropic

first_imgCultures Giving Gender Wealth Values 8 H and Values Influence Philanthropy (Issue 8: New Directions for Philanthropic About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 26 October 2007 | News  14 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Purdue Granted 5.2 Million to Develop New Biofuel Process

first_img SHARE Purdue Granted 5.2 Million to Develop New Biofuel Process SHARE Previous articleGrowing the Cure™ Launched at 50th Farm Science ReviewNext articleUSDA Changes Release Time of Key Statistical Reports Andy Eubank Facebook Twitter If Purdue University researchers have their way, the term “biofuel plant” will take on a whole new meaning.A team received a $5.2 million U.S. Department of Energy grant to develop a plant that can make substances that could be used directly as a biofuel. The idea is to reroute carbon that plants currently use to make lignin – a barrier to cellulosic ethanol production – and turn it into a biofuel.“Scientists have been focused on getting the sugars out of cell walls and using microorganisms to ferment those sugars into fuel,” said Clint Chapple, the grant’s principal investigator and a distinguished professor of biochemistry. “We want to take advantage of a plant’s metabolic pathways to make biofuel directly.”Purdue acting President Timothy Sands said the work is an example of harnessing science to find solutions for global problems.“Addressing our world’s energy needs will take multiple solutions, and Purdue researchers have long been a part of significant developments in this field,” Sands said.Chapple said about 25 percent of a plant’s biomass is lignin, a rigid compound in plants’ cell walls and one that cannot currently be conveniently converted to a liquid fuel. Chapple’s team wants to reroute the molecule that plants funnel into lignin production – the common amino acid phenylalanine – into an alternative metabolic pathway to create phenylethanol, a combustible biofuel that could then be blended with gasoline, much like ethanol is now.“We wouldn’t be able to literally squeeze fuel from the plants, but it would be close,” Chapple said.Co-investigator Natalia Dudareva, a distinguished professor of horticulture, will focus on increasing phenylalanine production in plants. John Morgan, an associate professor of chemical engineering, will analyze the results of these efforts and develop mathematical models to determine the most efficient methods for rerouting phenylalanine and for making phenylethanol.Chapple said the team would work with the common research plant Arabidopsis before applying any findings to a biofuel plant such as poplar trees or switchgrass.Source: Purdue Ag Communications Facebook Twitter By Andy Eubank – Sep 19, 2012 Home Energy Purdue Granted 5.2 Million to Develop New Biofuel Processlast_img read more

Safe Produce IN Providing FSMA Training

first_img By Eric Pfeiffer – Feb 14, 2018 Safe Produce IN Providing FSMA TrainingThe Produce Safety Rule is part of the Food and Drug Administration Food Safety Modernization Act, or FSMA. It’s intended to prevent food safety issues before they occur by establishing science-based standards for growing, harvesting, packing, and holding produce. If you raise produce that is typically consumed raw, this likely affects your operation. Safe Produce IN is a partnership between the Indiana State Department of Agriculture and Purdue Extension to help educate and train fruit and vegetable producers about FSMA. Morgan Gadd, Food Safety Outreach Coordinator for ISDA says, “We estimate that quite a few of our larger growers are already compliant with far more than FSMA requires of produce growers, but our goal is really to educate everybody about the rule, to answer as many questions as possible about the regulation (and) those expectations.”Gadd says they want producers to know what is expected of them prior to an auditor showing up. “We want to educate you before we regulate you as a grower. So, the way the whole process works (is) you reach out to us, ask us to come and do a mock audit pre-inspection, and we’ll help to make sure that everything is up to code so you won’t be held accountable to something that you weren’t even aware of.”One requirement the auditor will ask for is documentation showing completion of training provided by Purdue Extension. There is still room for the training course being held at the Indiana Horticultural Congress at the Marriott East Hotel on East 21st St. in Indianapolis on Thursday. If you are a producer and have questions regarding FSMA and how it might impact your operation, visit safeproduceIN.com.Training Opportunities:Febuary 15, 2018Indiana Horticulture CongressIndianapolis Marriott East Hotel7202 East 21st StreetIndianapolis, IN 462199:00 am-5:00 pm Eastern TimeFebuary 27-28, 2018Produce Safety Alliance Water SummitTWO REMOTE LOCATIONSPurdue Extension – Vanderburgh County13301 Darmstadt Rd., Suite A Evansville, IN 47725​orPurdue Extension – Lake County2293 N. Main St. Crown Point, IN 463077:00 am-4:00 pm Central TimeMarch 1, 2018Purdue Extension-Hendricks County 4-H and Conference ComplexSmall Farms Conference4900 E. Main St. P.O. Box 7Danville, IN 461229:00 am- 5:00 pm Eastern Time​​​​March 15, ​2018Switzerland County Technology and Education Center708 W. Seminary St., P.O. Box 175Ve​vay, IN  470439:00 am -5:00 pm Eastern TimeApril 2, 2018Vigo County Public LibraryMeeting Room C1 Library Square, Terre Haute, IN 478079:00 am – 5:00 pm Eastern TimeApril 3, 2018Purdue Extension-Parke County1472 North U.S. 41Rockville, IN 478729:00 am -5:00 pm Eastern TimeApril 5, 2018Wayne County Fair & Expo Center861 Salisbury Road NorthRichmond, IN  473749:00 am – 5:00 pm Eastern Time SHARE SHARE Safe Produce IN Providing FSMA Training Home Indiana Agriculture News Safe Produce IN Providing FSMA Training Facebook Twitter Facebook Twitter Previous articleFor Agriculture the President’s Infrastructure Plan a Good Starting Point on the HAT Wednesday Morning EditionNext articleMorning Outlook Eric Pfeifferlast_img read more

Liao Yiwu falls victim to latest crackdown on cyber-dissidents

first_img Organisation China’s Cyber ​​Censorship Figures Help by sharing this information News December 19, 2002 – Updated on January 20, 2016 Liao Yiwu falls victim to latest crackdown on cyber-dissidents ChinaAsia – Pacific April 27, 2021 Find out more ChinaAsia – Pacific RSF_en Receive email alerts Newscenter_img Democracies need “reciprocity mechanism” to combat propaganda by authoritarian regimes Reporters Without Borders (Reporters sans frontières) today voiced its outrage at the arrest of writer and poet Liao Yiwu, the latest cyber-dissident to fall victim to the current crackdown by the Chinese authorities. Liao was arrested yesterday morning by officers of the public security ministry at his home in Chengdu, in the southwest province of Sichuan. Officials have not yet said why he was arrested.Calling for his immediate release, Reporters Without Borders said the arrest was clearly designed to silence a writer who has already been banned from publishing his work. The Internet had become his last resort for communicating his ideas. His arrest brings the number of detained cyber-dissidents to at least 35.Aged 42, Liao began posting his writing on the Internet after the publication ban was imposed. He was previously sentenced to four years imprisonment in 1990 for circulating a clandestine video entitled “The Massacre” on the 1989 democracy movement. Following pressure from the US authorities, he was released for “good conduct” in 1994, one month before completing his sentence.Thereafter, he resumed his activism and went back to writing about China’s social reality, in particular about the sensitive issues of poverty and social inequality, thereby becoming a regular target for harassment by the authorities. In November, he was one of around 200 democracy activists who signed an open letter address to the Communist Party’s XVI Congress calling on its leaders to retract their condemnation of the 1989 Tiananmen Square movement. At least four other signatories of this letter have been arrested in recent weeks. News June 2, 2021 Find out more March 12, 2021 Find out more to go further China: Political commentator sentenced to eight months in prison News Follow the news on Chinalast_img read more