May 2022
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Australian Prime Minister Anthony Albanese on Tuesday revealed the first ministry of his new Labor government, featuring record 13 women in the 30-member team. Linda Burney will become the first indigenous woman — and second indigenous person — to serve as the minister for Indigenous Australians. Ed Husic and Anne Aly will become the first…
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Aleksandar Vucic was sworn in on Tuesday at the National Assembly here for his second term as president of Serbia. Following his victory in the April 3 presidential elections, where he won 58.59 percent of the votes cast, Vucic took the oath of office in front of Serbia’s lawmakers, ministers, former presidents and diplomats. He…
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Namibia on Monday took delivery of 23 ancient pieces of jewelry, tools and other objects pillaged during colonial rule, and returned as an indefinite loan from Germany. The return of the artifacts is part of a project to encourage rapprochement between the two nations. “All the artifacts were collected during the Germany colonial era from…
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Graduates from the world’s top 50 highest-ranked universities will soon be able to work in the United Kingdom without a job offer. The UK government’s new High Potential Individual visa was launched on Monday, inviting applications from graduates out of those institutions listed on the Times Higher Education world university rankings, Quacquarelli Symonds world university…
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The European Union agreed on Monday night to phase out dependency on Russian gas, oil and coal as soon as possible, said European Commission President Ursula von der Leyen. The ban will immediately cover more than two-thirds of oil imports from Russia. The announcement followed an extraordinary European Council summit attended by EU leaders in…
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A spokesperson for the Taiwan Affairs Office of the State Council on Tuesday voiced China’s firm opposition to any form of official interactions or military collusion between the United States and China’s Taiwan region. Spokesperson Zhu Fenglian made the remarks in response to the visit to Taiwan by a US lawmaker. Noting some US lawmakers…
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Chinese actress Jing Tian was slapped with a million-dollar fine for breaching China’s advertising law by touting candies as a weight-loss drug. Jing, who has been in Hollywood blockbusters such as The Great Wall (2016) with actor Matt Damon and Pacific Rim: Uprising (2018), has been a brand ambassador for Infinite Free, a Guangzhou-based company…
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Taiwan authorities raided ten Chinese semiconductor companies for illegal poaching of chip engineers and other tech talents as the chip war between Taipei and Beijing worsened. The raids were conducted in Taiwan’s capital Taipei and semiconductor hub, Hsinchu. This is the second time in three months that such raids have been conducted by Taiwan authorities.…
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France on Monday called for an investigation after a French journalist was killed in Ukraine when the vehicle he was traveling in, which was being used to evacuate civilians near the city of Sievierodonetsk, was hit by shelling. “France demands that a probe be carried out as soon as possible and in transparency on the…
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Despite evidence that China’s the country of origin of the COVID-19 outbreak, and thatr it may have even covered up its own role in the pandemic, the nation was elected to the World Health Organization’s executive board Friday. The move raised eyebrows among critics, if not world leaders. U.N. Watch Executive Director Hillel Neuer denounced the move over China’s…
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Representatives of a group of nations working together to investigate war crimes in Russia’s invasion of Ukraine are meeting in The Hague amid ongoing calls for those responsible for atrocities to be brought to justice. Tuesday’s coordination meeting at the European Union’s judicial cooperation agency, Eurojust, of members of a Joint Investigation Team and International…
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In continuing protests against the imposition of strict Covid lockdown and China’s Zero-COVID policy, students from Tianjin University staged a demonstration to protest against the local administration. The demonstration started on 26 May, 2022, when protesters raised anti-administration slogans such as “Down with formalism, Down with bureaucratism”. The students were also protesting against exorbitant prices…
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The World Health Organization (WHO) has revealed new information on the extent to which tobacco damages both the environment and human health, calling for steps to make the industry more accountable for the destruction it is causing. Every year the tobacco industry costs the world more than 8 million human lives, 600 million trees, 200…
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China-US relations are not a zero-sum game and the US should address the bilateral ties based on the principles of mutual respect and peaceful coexistence, visiting Chinese Foreign Minister Wang Yi said Saturday. This comes after US Secretary of State Antony Blinken, in a recent policy speech, described China as “the most serious long-term challenge…
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Corporations can have many different structures, but the most typical structure consists of the shareholders, board of directors, officers and the employees. The structure of corporate governance determines the distribution of rights and responsibilities between the different parties in the organization and sets the decision-making rules and procedures. It is usually up to the management board to decide…
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There are many models of corporate governance in the world and there is no universal best choice. The choice of the best model for a company depends on not only on its goals, motivations, mission and business context but also on their economic, legal, political and social frameworks. Nevertheless, there are 2 dominant governance models.…
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