Consequences what happens when America's richest programmer bill gates reviews Ezra Vogel- Asia-America's kindest connector.
.. Macraes' last 100 trips to Asia - they started with dad Norman Macrae teen serving in allied bomber command (today's Myanmar)-
The Economist became min diary of Norman Macrae's half century of asian trips from Myanmar 1943 on- we archive that at; connection of my 50 trips with 5 generations of my family in Asia only made full sense from 2001 and mostly
15 trips to Bangladesh thanks to interviews with Fazle Abed & friends 1 2 3 and young chinese scholars at his 80th birthday filled most gaps .. Asia trips 1 to 51 india -1-3 1984-2004; indonesia 4-7 (1982-1994) ; singapore 8-10 (1982-1992) japan (11-17) 1985-2013; thailand (18.19) 1984-1995 ; malaysia (20-21) ; 1993 korea (22-23); 1990-2017 bangladesh (24-39) 2007-2018;
dubai (40,41) 2015,6; qatar(42) 2017; china (43-50) 2016-2019 hong kong 51 (1996) like 7 members of my scotttish family tree i have enjoyed the huge privilege of learning more about advancing the human lot from the two thirds who are asian than my own race caucasian
...united ; ASIA/MIDDLE EAST: Afghanistan, Armenia, Azerbaijan, Bahrain, Bangladesh & women, Bhutan, Brunei, Cambodia, China, Cyprus, Georgia, Hong Kong, India, Indonesia, Iran, Iraq, Israel, Japan, Jordan, Kazakhstan, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Lebanon/yemen, Malaysia, Maldives, Mongolia, Myanmar (Burma), Nepal, Oman, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore-Asean, Sri Lanka, Syria, Taiwan, Tajikistan, Thailand, Timor-Leste, Turkey, Turkmenistan, United Arab Emirates, Uzbekistan, Vietnam, -eurasia, Russia- we list twice because most of its land is in asia but traditionally its capital and history is categorised as european....Mapping livelihood economics of two thirds of humans- in 1983 london scot james wilson started the economist as a newsletter of royal societies chattering classes- his initial goal ro end poverty and starv=ation in scotland and nearest islands london ruled over- 17 years later queen victoria sent wilson to calcutta with charter bank to end poverty wherever britain ruled over asia; sadly james died 9 months after landing of diarrhea; it took another 120 years before bangladesh, china and unicef taught every village mother how to cure diarrhea with a recipe of water sugar and salts; from this first open source health service, a billion women across the continent spent 1970-2020 ending extreme poverty - with the help of universities who knew fazle abed vest, at we track how/why the world used bangladesh as its lab for solutions that worked without access to electricity or any of the engineering that glasgow gave to the world from 1760; some people ask what happened to the economist mission- you can read 2nd editor walter bagehot's attempts to help victoria journey to commowealth at the english constituition; but progress was to slow to prevent the colonial eara where whites 15% designed world trade to exclude most of human development in the economist's 1943 centenary biography; at that tie my dad was teenage navigator in alied bomber command stationed in modrnday myanma; the east end of the bay of bengal opposite to calcutta's west end; what happened next to bay of bengal - yuo'd thnk kamala harris and berkeley let alone howard alumni would urgenrly follow coming from her mothers'schennai- in a hasty retreat from responsibility anywhere the british raj had rlued -india eas partioned; calcutta the superport of asoa's 19th century was assigned to india; the rest of the bay was given to pakistan to rule; it took 24 years for bangladeshi people to win back indepenence now the 8th most populous nation with less than zero capital; my father norman macrae mapped varios asian economic models from 1962 when he first surveyed hs war time foe japan - he named the model poorest villagers would need to network rural kensianism; while he named the win-win supercity/port model of tokyo capital belt roadtsrs; for the next 30 years those who saw the economist as the first viewspaper for debating globalisation exponentials were trewed to regular updates on every asian peoples progess or not in sharing these new economic modelsSustainability's last chance decade: Feb 2021 37th annual update- - thanks to hard work of asian motherhood, one billion asians have ended extreme poverty in the last 40 years - research shows human development's greatest lesson is not yet a curriculum in any western university -can you help change economists before year end summits in Glasgow 1 2 & Dubai -try applying Economist alphabet Ai Bank Child Diary Edu Food Green Health Inclusion scottish family's concern for development of two thirds of humans who are Asian goes bac 150+ years to founding of the pharmacy kemp's corner in mumbai to grandad's sir kenneth kemp's 25 years of mediation with gandhi leading to sir ken's last project wrining up the legalese of india's independence to my father's 40 years reporting asia's sustainability entrepreneurial revolution in The Economist; to his last article 20 years later on lessons from bangladesh needed to rectify the west's subprime disaster: japan's ambassador to dhaka helped aspiring youth journalists and others listen to sir fazle abed legacy debriefs - see our catalogue offering the most vital alumni networks youth can linkin if they are to celebrate being the first sustainability generation REFERENCES UN ENVOY EDUCATION -asia has proven to be greates champion of former uk prime minister Gordon brown -10 years un envoy edu links include A 1 2 lots of moving parts - some are very radical empowering new universities and apprenticeships - I have been tracking the for 5 years since being at un launch 2016 - can try and help with queries - if real summits return end 2021 hope to unite updates cop26 nov Glasgow and worlds largest edu summit allied to uae expo dec -meanwhile zooms can make connections

Monday, December 28, 2015


 the next 10 years, it’s about who has the better technology: SoftBank's Rajeev Misra

Soon, geopolitical conflicts won’t be about physical armies alone, says Rajeev Misra, VP, SoftBank Group, in a chat with Bodhisatva Ganguli.

For the next 10 years, it’s about who has the better technology: SoftBank's Rajeev MisraCovid-19 has upended our lives, and the world of business in many ways. How did your Indian portfolio companies fare?

Our 10 Indian portfolio companies — we have over 10 of them — and, of course, India have been more adversely affected than other parts of the world and we are not out of it yet. Our companies are well capitalised and have all raised capital earlier this year and last year. They have enough runway for the next few years, without having to raise capital.

If you look at the Vision Fund, which has roughly 95 companies around the world, and the same applies to India, Covid-19 was kind of good due to unintended consequences. When the companies went back to the drawing board, got focused on what they should be putting their capital resources into, cut operating costs dramatically, it has been very good across all our 90-plus companies around the world. Apart from hospitality — Oyo — most of our companies in India and outside have gone online, Grofers, PolicyBazaar, selling insurance online, Delhivery, with overnight delivery, Lenskart and FirstCry — all have tailwinds which are helping them dramatically.

How has Oyo fared?

Obviously, Oyo has enough capital for the next 2-2.5 years. Oyo cut costs by 70%, is investing more on technology and has also reined back its focus from a lot of geographies to focus more on India, SE Asia and Middle East — which is its core business. Holiday Homes in Europe is another core business. Our new joint ventures in Latin America and in the US that we have set up with Oyo. Oyo’s operating expense used to be over $100 million a month, it’s down to $30 million a month. With that kind of operating expense, when you’re making $25-$30 million top-line, it is kind of breaking even, which was not the case before. The good news is, Oyo is breaking even because of Covid-19.

In the geopolitical situation between India and China, Chinese investments are being discouraged, while the government has also banned some Chinese apps. How do you view this?

Chinese capital is not just capital. It came with a lot of expertise. Alipay made strategic investments and not just financial investments. When we invested, they were strategic investors in our companies. There's enough capital. We will fill the vacuum. We aren't worried about that. I think what will be missed is the technical know-how, which was provided by these companies, whether its Alipay to Paytm, or to the food delivery business, or BigBasket, and what have you — $10-$15 billion of financial capital will be replaced. It’s the technical knowledge that a ridesharing company can get from a Chinese ride-sharing experience that will be missed. We have investments in every continent of the world, except in Africa. The next frontier for any show of strength, or a form of Cold War, will be fought in the battleground of technological supremacy. Mark my words, for the next 10 years it’s about who has better technology.

Now, it’s about who has better chips, better medical technology, because it’s all intertwined. Healthcare is all about gene splicing, genetic engineering. It’s about providing better education online. All that matters is who has more intellectual property, with chip design, creating the better telecom networks, because that has a better correlation with GDP growth. The next frontier of geopolitical conflict is not just about physical armies. It’s about technology superiority, and that has already started.

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