Sunday, May 31, 2015

Russia censors discussion of involvement in Ukraine - Financial Times


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May 28, 2015 6:17 pm
Russia censors discussion of involvement in Ukraine
Kathrin Hille in Moscow


MOSCOW, RUSSIA - MARCH 29: Russian opposition politician Boris Nemtsov looks on in memory of the victims of a blast inside the Lubyanka metro station on March 29, 2010 in Moscow, Russia. At least 38 people were killed and 60 injured as two separate female suicide bombers blew themselves up on trains on Moscow's metro during morning rush hour. Twenty-five people died in the Lubyanka station blast and around 45 minutes later a second explosion occurred at the Park Kultury station leaving another 12 people dead. (Photo by Dmitry Korotayev/Epsilon/Getty Images)©Getty
Associates of murdered opposition politician Boris Nemtsov published a damning report earlier this month
Russia has made it a crime to speak, write or broadcast about Russian troop losses in peacetime and about people co-operating with Russian foreign intelligence, in what critics said was a Kremlin attempt to stop all information about Moscow’s involvement in the war in Ukraine.
President Vladimir Putin signed a decree on Thursday spelling out more than 20 additions to Russia’s state secrets law, including “information which reveals personnel losses in times of war and in peace time while a special operation is being conducted”.

The new censorship rules mean families of Russian soldiers killed fighting in Ukraine or activists researching Moscow’s clandestine campaign risk prison sentences of up to eight years.
“It appears that the position of just denying there are Russian soldiers fighting in Ukraine cannot last any longer,” said Kirill Koroteev, a lawyer with Memorial, the human rights group.
Earlier this month, associates of the murdered opposition politician Boris Nemtsov published a damning report that said at least 220 active Russian soldiers had died fighting in Ukraine.
Days before he was shot in central Moscow in February, Nemtsov said he intended to enlighten the Russian people, starting with families of military and security officials, that Mr Putin was dragging the country into war.
“Now people will go to prison for searching for data about our fallen soldiers,” Ilya Yashin, one of Nemtsov’s closest associates and co-author of the report, wrote on Twitter.
Olga Romanova, a journalist and rights activist, wrote on her Facebook page: “These things mean that a blogger will be criminally prosecuted for writing about a young widow . . . crying after she received a coffin from Donbass.”
Technically, Russia’s state secrets law only covers certain institutions or persons. But legal experts said the new rules could easily be applied more broadly to silence families of Russian soldiers killed in Ukraine, activists distributing or publicly discussing such information and all media reports about Russian involvement in the war.
“It can be administratively abused in such a way that the body of a soldier killed in Ukraine or benefits will only be released to the family in exchange for them signing a guarantee that they will keep silent,” said Mr Koroteev.
The new list also stipulates that “information about persons under evaluation with the aim of recruiting them for co-operation on a confidential basis, [and] people who assist or have assisted the organs of foreign intelligence of the Russian Federation on a confidential basis” will be regarded as state secrets.
An activist at a soldiers’ rights group said this was a catch-all description designed to cover volunteers and soldiers who were forced by the military to resign from their official duty before being sent into battle.

Friday, May 29, 2015

Greek exit from euro is ‘a potential’, says Lagarde - Financial Times

May 30, 2015 at 1:34am
http://www.ft.com/intl/cms/s/0/d794efd4-055b-11e5-bb7d-00144feabdc0.html#axzz3bXcRHrRT

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May 28, 2015 7:28 pm
Greek exit from euro is ‘a potential’, says Lagarde
Stefan Wagstyl and Claire Jones in Dresden and Shawn Donnan in Washington

Christine Lagarde, managing director of the International Monetary Fund (IMF), speaks at a news conference during the IMF and World Bank Group Annual Meetings in Washington, D.C., U.S., on Thursday, Oct. 9, 2014. The global response to the Ebola crisis is "way behind the curve," World Bank President Jim Yong Kim said today, as leaders of the three affected African nations appealed for financing and faster assistance. Photographer: Andrew Harrer/Bloomberg *** Local Caption *** Christine Lagarde©Bloomberg
Christine Lagarde
The head of the International Monetary Fund has acknowledged that Greece could leave the euro, while insisting that this would not mark the end of the single currency.
“It’s a potential,” Christine Lagarde told the German newspaper Frankfurter Allgemeine Zeitung, adding that it would be “no stroll” but also that it would definitely not mean the end of the euro. Ms Lagarde’s admission came as the IMF offered Greece three more weeks to repay €1.6bn it owes to the fund next month, insisting that Athens still had a long way to go to persuade creditors to unlock desperately needed bailout money.
Frustration is mounting over the slow progress in the talks between Greece and its three bailout monitors — the IMF, the European Central Bank and the European Commission — and exasperation at repeated Greek claims that an agreement is imminent.


“It’s very unlikely that we will reach a comprehensive solution [between Greece and its creditors] in the next few days,” Ms Lagarde said in her interview with the newspaper.
An official attending the Dresden meeting of finance ministers from the Group of Seven leading industrialised countries said on Thursday: “We are still on most key issues quite far apart. [The idea] that a deal is just around the corner and can come by Sunday is far, far from reality.”
The IMF confirmed on Thursday that Athens would be permitted to delay all its June repayments until the end of the month, removing the threat that Greece could default as soon as June 5, when €300m falls due.
At the same time, fund officials warned the G7 gathering that Athens was still far from a deal to secure much-needed rescue aid, as it had failed to deliver credible reform proposals.
Claims by Greek officials that Athens had begun drafting a staff-level agreement with its bailout monitors and could reach a deal by the weekend briefly buoyed financial markets earlier this week. The Greek government repeated the assertion on Thursday.
“We are coming to these negotiations with the aim to have a deal with the partners by Sunday,” said Gabriel Sakellaridis, the Greek government spokesman.
But a senior G7 official said the two sides still remained far apart on issues that have separated them for months, including pension overhauls, labour market liberalisation and a coherent fiscal package.
“We haven’t got much further in the negotiations,” said Wolfgang Schäuble, German finance minister.
William Murray, an IMF spokesman, said Greek officials had not asked for a “bundling” of its June payments, as permitted by a little-known rule introduced in the 1970s, but “they are entitled to do that if they want”.
Just what the market reaction to any such move by Greece would be is unclear. It has been invoked only once — by Zambia in the 1980s.
Senior EU officials, including Angela Merkel, the German chancellor, have told Alexis Tsipras, the Greek premier, that he will not be able to reach a deal without IMF approval.
The IMF is maintaining a tough line in the talks partly because it wants economic reform in Greece and partly because it knows that especially generous treatment for Athens would provoke criticism elsewhere in the world. The senior G7 official said: “[The IMF] can’t blatantly disregard its own rules.”

Greece debt crisis
The Syriza government is facing resistance to its plans to tackle the country’s massive debt burden
Read more
But the fund is also turning the screws on eurozone bailout lenders, saying they will need to offer some relief on existing rescue loans and provide new aid if any economic package is to be “sustainable”.
The G7 official said: “There has been no concrete discussion on the financing of the debt. There has been no other discussion other than acknowledging that this has to add up.”
Asked about possible future debt relief, Pierre Moscovici, European commissioner for economic affairs, indicated that he did not rule it out, once comprehensive reforms were in place, saying: “We’ll see later on what kind of further arrangements can be found.” He added: “We need to work day and night to find an agreement. No matter what the date we have little time. But an agreement is certainly possible.”

6 Ways You Can Build Skills Without Asking Anyone for Help - TIME

https://www.themuse.com/advice/6-ways-you-can-build-skills-without-asking-anyone-for-help

By Amanda Elliott
At some companies, your boss will actively suggest that you attend conferences or provide opportunities for on-the-job training. But, there are also many jobs that rely on you to develop your skill set.

Even if your organization won’t pay for (or doesn’t offer) training, there are several things you can do to work your way toward that next promotion or remain competent and coveted in your field. And—better yet—most of them don’t cost much at all.



1. Read (or Listen to) Books, Articles, and Forums

Reading is fundamental, and whether you choose short blogs or books, it will make a difference. So instead of your daily browse of BuzzFeed, make a plan to read content that will educate, inform, and introduce you to new tools, skills, and people.

To start, dedicate 30 minutes a day to learning about your industry from top thought leaders. When reading books, use the appendix and notes to see where the author got his information and how he is researching and learning in his field. You can also follow industry experts on LinkedIn or Twitter to see the content they are sharing, the companies they follow, or groups they are in. Finally, don’t just look for people to follow—organizations also publish great information! Companies like WordPress have blogs and forums that you can read to learn about functional skills.

Feel like you don’t have the time to sit down and read? Listen to industry-specific podcasts on your commute, during a workout, or even while you do chores. For general advice, The Work Talk Show (which is currently on hiatus) has two years worth of interviews with professionals in various fields regarding how they get work done and what their favorite apps are.


2. Join a Professional Organization

Professional organizations are great resources that too often go overlooked. Many provide training and conferences, connect professionals with mentors who can offer advice, and give you a bit of validation in your field to boot. In the PR world, for instance, there’s the Public Relations Society of America (PRSA) or The PR Council. Fundraisers have The Association of Fundraising Professionals, and someone in IT could join the Association of Information Technology Professionals. Most fields have numerous organizations—a national group (or sometimes more than one), regional groups, and so forth. Not only will you have access to top industry news, but also to the people influencing that news. It’s a win-win!

You can also join informal groups through Facebook and LinkedIn. In this setting, people often feel less intimidated asking questions or participating in discussions—so no matter what you’re interested in learning more about, ask away!

Related: 5 Ways to Get the Most Out of LinkedIn Groups



3. Take Classes

Thanks to the internet, it’s never been easier to go to class. One resource is Coursera, an online platform for taking classes from top universities like Northwestern and Duke. When you sign up for class, the description includes an estimate of time you will need per week. I took a class called “Understanding Media by Understanding Google” from Professor Owen R. Youngman at Northwestern, and it included the opportunity to meet up with some of the local students at the university for a live class (hello, networking opportunity!).

Another option is to listen to class lectures online through Apple’s iTunes U. And platforms like Udacity, Udemy, Skillshare, and Lynda offer short lessons on almost everything imaginable, delivered by experts. Get creative and set up your own curriculum through books, podcasts—you can even assign yourself homework!

Just remember, your goal is to hone in on a skill or gain expertise in a certain subject matter. It can be tempting to take classes in everything, but try to start with one area of emphasis.

Related: 50 (Cheap!) Professional Development Classes Anyone Can Take


4. Attend Events

Even if your company doesn’t sponsor learning events, other organizations will. For example, Astek, a B2B web design company in Chicago, hosts monthly “Think-n-Drink” events, where a panel of local experts discuss trends in marketing and graphic design. Hubspot, a national company, hosts events about UX design and product marketing in cities such as Dallas, Denver, and San Francisco. Check out Meetup or Eventbrite, to find company-sponsored events in your area and industry, or look into nearby co-working spaces, which also tend to host functions regularly.

Oh, and if you miss out on a local event, you can often find notes on SlideShare, another great resource for learning!



5. Look Around Your Office

Even if your company’s budget is tight, don’t underestimate the opportunity to learn some new skills at the place you go to work every day. Look around the office and see what your colleagues are working on. Are there projects or issues you’re interested in learning more about? Ask another team member or department if you could help out on an assignment—or even shadow someone for a day. For instance, let’s say you’re tasked with writing blog posts, but the marketing team is responsible for getting them out into the world. You can learn more about SEO and social media—for free!—just by sitting down with a teammate over coffee or lunch.



6. Volunteer

OK, so your company may not want you to take a project requiring a skill you have minimal experience with, but often times volunteer organizations are in serious need of additional bandwidth, and OK with you learning as you go. Plus, different organizations have different methodologies, so, working somewhere new—yes, even for free—can teach you new ways of doing things.

The Wall Street Journal recently reported that “67% of middle-skill jobs demand proficiency” in basic spreadsheet software like Microsoft Excel and SAP SE. A lot of nonprofits use these simple programs, and this could be your chance to advance your abilities. And, of course, help out your community.



Your skill set is your responsibility—not your company's. For best results, pick an area of expertise, develop a plan, and consistently practice.

Wednesday, May 27, 2015

5 Tech Skills That Will Help Any Career - TIME

http://time.com/3852284/tech-skills-helpful-any-career/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+timeblogs%2Fcurious_capitalist+%28TIME%3A+Business%29

May 13, 2015
    

Almost every single job out there involves being online in some capacity. That means that, at some point in your career—this year or 30 years from now—you’ll likely have to access the back end of a company site, a blog, or an email marketing service.

Did that sentence scare you?
Don’t worry, it’s not as hard or as complicated as it sounds. Especially once you master a few of the basic building blocks. No, you won’t magically transform into Steve Jobs or Marissa Mayer overnight, but you can gain enough knowledge to talk credibly about website development and design. And that new knowledge might impress your current boss or a future hiring manager.
So, skip the Facebook stalking for a while and spend that time boosting your digital know-how instead. Here are five basics you can get started on right now.

1. Image Editing

Photos aren’t just for selfies and Instagram. They’re also an important tool for marketing, technical documents, and of course, a company’s online presence.
If you can do a little image editing with tools like Photoshop, you can:
  • Resize images for blog posts or websites
  • Crop images for social media headers or profiles
  • Create images for online marketing campaigns, emails, and digital newsletters
For quick and easy image editing, check out Pixlr, a photo editor you can use for free on the web or mobile devices. Or download a free 30-day trial of Photoshop and try the free tutorials on the site.

2. SEO

There’s no getting away from the fact that most people head to Google when they need information nowadays. You can help your company take advantage of that fact by understanding how SEO (search engine optimization) works and how it can improve your company’s business. If your company has any kind of online presence, SEO can only help it.
With a bit of SEO, you can:
  • Optimize images so they’re also searchable
  • Create links that best describe what’s on your site
  • Write content that gets you noticed by search engines
To start unraveling the secrets of SEO, check out Google’s free “Search Engine Optimization Starter Guide.”

3. HTML

HTML, or HyperText Markup Language, is what’s used to put content on websites or web-friendly emails. You probably won’t be able to build a whole site after studying HTML for a few hours, but you will be able to do surprisingly important tasks with only a handful of code.
 
For example, with HTML, you can:
  • Finally correct the typos on your company’s site
  • Put content in a CMS (content management system) like WordPress
  • Write marketing emails with a service like MailChimp or Campaign Monitor
  • Create links to track the performance of marketing campaigns
You can learn HTML basics and even create your own web page in the free Skillcrush 10-day Bootcamp. You’ll also learn interesting and useful tech terms along the way that’ll wow your colleagues when you start casually tossing them out.

4. CSS

CSS (a.k.a., Cascading Style Sheets) is like the yin to HTML’s yang: It’s the code that formats and styles HTML content. By changing just a little CSS, you can completely change how a web page or other digital content looks.
If you know CSS, you can:
  • Create an email newsletter that matches your company’s brand
  • Style blog posts so they’re easier to read
  • Customize a Tumblr or Squarespace theme
  • Change the appearance of entire web pages
Check out this quick explanation of CSS to take a look at some actual CSS code. Then, have some fun playing with CSS live in the CSSDesk online editor.

5. Website Inspectors

Once you know more about websites and digital content, you can go behind the scenes with a website inspector. This is a tool that lets you see all the code that web pages are built with and—get ready for this—even edit it if you like. (Don’t worry though. The changes you make will only show up on your computer, so you won’t bring the internet down with your tweaks.)
Using an inspector is a great way to understand more about HTML and CSS—and to see how changes look before you make them on a “real” site.
Two of the most popular inspectors are Mozilla’s Firebug and Google Chrome DevTools, both of which are free. And you can get going with both inspectors with just a couple clicks by installing the Firebug Lite extension for any browser or right-clicking on any web page in Chrome to bring up DevTools.

So, what are you waiting for? Pick the building block that looks the most interesting to you, and set aside time this month to learn the fundamentals. You might even realize that you’ve discovered a new passion and decide to get a foundation in tech to advance your career. Or not. Either way, learning new tech skills can only help your career.

Tuesday, May 26, 2015

Chinese navy to focus on 'open seas', paper says - BBC NEWS

http://www.bbc.com/news/world-asia-china-32880477



China has focused on building up its navy, investing heavily in submarines and other warships
China is to focus on projecting its military presence beyond its borders at sea, according to a strategy document.
The navy will shift its focus to "open seas protection", rather than "offshore waters defence" alone.
It will also speed up developing its cyber force to tackle "grave security threats", the State Council said. 
China has been accused of aggressively pursuing territorial claims in the South China Sea which has sparked concern in Washington.
The strategy document highlighted four areas of critical importance - the ocean, outer space, nuclear force and cyber space. Its recent naval policy has prompted the most controversy.
Satellite imagery showed China building an airstrip in the Spratlys
In recent years, China has focused on building up its navy. It has launched an aircraft carrier and invested heavily in submarines and other warships. 
It has also exercised its claims over islands in the South China Sea which the Philippines, Vietnam, Malaysia and Brunei variously dispute. 
In one disputed area, the Spratly Islands, US officials say China has created about 800 hectares (2,000 acres) of dry land since 2014 that could be used as airstrips. 
The strategy document warns of threats to China's maritime rights and interests.
It says China "will not attack unless [it is] attacked, but will counterattack" and mentions the "provocative actions of certain offshore neighbours" and "outside parties involving themselves in South China Sea affairs".
On the same day that the strategy document was released, state news agency Xinhua reported two 50-metre high lighthouses were to be built on a reefs in the Spratly Islands, which are claimed by Vietnam and the Philippines. 
At a news conference to release the document, defence ministry spokesman Yang Yujun said: "Looking from the angle of sovereignty, China's development of construction on its islands is no different at all from all the other types of construction going on around the country." 
He said island building was "beneficial to the whole of international society" because it aided China's search and rescue, and environmental protection work.
China criticised Washington after a US spy plane flew over areas near the Spratly Islands last week, with both sides accusing each other of stoking instability.
The strategy document also says China's air force will shift its focus from territorial air defence to both offence and defence, and building airspace defences with stronger military capabilities.

Saturday, May 23, 2015

This New Honda Does 483 Miles Per Hour - Fortune

http://time.com/3882379/hondajet/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+timeblogs%2Fcurious_capitalist+%28TIME%3A+Business%29

May 18, 2015
    

It's a very different kind of vehicle

Honda’s luxury play has traditionally been the Acura. But the latest high-priced offering from the auto maker will be an ultrafast jet.
The Japanese company is awaiting final approval from the U.S. Federal Aviation Administration to sell a seven-seat business jet called the “HondaJet.” The price? Around $4.5 million.
The Wall Street Journal took a flight in the jet with Honda Aircraft CEO Michimasa Fujino, who has worked on the project for decades. “This airplane is my art piece,” he said in an interview.
Honda is taking the jet on a road show, kicking off in Switzerland and eventually demonstrating the plane across several other key European markets. Honda’s entry into aviation makes it an upstart member of an exclusive club of airplane makers. The jet also adds to an aerospace renaissance for Japan, which has long supplied parts and materials to the aviation industry but hasn’t recently made its own planes. In addition to Honda, Mitsubishi Heavy Industries is separately developing its own plane.
The jet is Honda’s first commercial aircraft, produced by its North Carolina-based Honda Aircraft division. The potential FAA approval puts the plane on pace for delivery to customers around the middle of this year, the Journal reports.

Friday, May 22, 2015

A Chinese App That Steals Wifi Passwords Just Raised $50 Million - Fortune

http://time.com/3893764/china-wifi-app-password-steal/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+timeblogs%2Fcurious_capitalist+%28TIME%3A+Business%29

    

Wifi Master Key lets users access wifi without user name or password

A Chinese App used for connecting to the country’s ubiquitous Wifi hotspots without a login or password just raised substantial money in a series A venture funding round, according to a source at Northern Light Venture Capital, one of its investors.
Wifi Master Key shares login data with all the users of hotspots run by China Mobile, one of the country’s big three telecom giants, which offers blanket coverage in all China’s major cities.
China cynics might think that a business model that looks like brazen theft is a pretty good summary of the country’s whole business model in the tech sphere. The reality is somewhat more nuanced. Wifi has been assiduously promoted as a public good by the powers-that-be, and China Mobile is, after all, a state-controlled (if publicly-listed) company. Wifi Master Key would argue it just helps to deliver that public good by getting round an infuriating bureaucratic.
Living in Beijing, it becomes easy to understand how the App boasts of 270 million monthly users. The frustrations of seeing a Wifi hotspot, but not being able to access without a cumbersome login process, is a daily occurrence. Cynthia Meng, an analyst at Jefferies in Hong Kong, says Wifi Master Key was the 21st most popular app in China in March.
The Chinese tech blog QQ Tech originally reported the fundraising news, speculating that Master Key earned a $1 billion valuation. Fortune couldn’t independently confirm the figure, but the amount raised appears to have been around $50 million. The overall valuation may be lower, as Master Key faces reports of security risks—potentially leaving users vulnerable to hackers—and competition from a rival app in China, Wifi Companion.

Tuesday, May 19, 2015

Chinese Boss Treats 6,400 Workers to French Vacation Costing $14.6 Million - TIME

May 17, 2015 at 1:17am
http://time.com/3853320/tiens-group-french-vacation-6400-workers-li-jinyuan-tourism/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+timeblogs%2Fcurious_capitalist+%28TIME%3A+Business%29

May 11, 2015
    
Lionel Cironneau—APTiens Group CEO Li Jinyuan poses during a parade on the Promenade des Anglais in Nice, southeastern France, on May 8, 2015

And they even set a Guinness World Record while there


A Chinese company has given6,400 of its employees the gift of a lifetime: a free four-day trip to France and Monaco.
Tiens Group, led by Chinese billionaire Li Jinyuan, organized the vacation for half of its employees to commemorate the 20th anniversary of the multinational firm, which dabbles in everything from biotechnology to tourism and cosmetics.
The travelers took up almost 5,000 rooms in the French resort of Cannes and neighboring affluent microstate of Monaco, in addition to 140 Parisian hotels, according to the BBC. The Asian sightseers represents France’s largest tour group, and were treated to a private tour of the Louvre and a live performance of the cabaret Moulin Rouge.
The trip will pump $14.6 million into the French economy.
For their part, Tiens’ employees did not merely amble around gaping at France’s cultural offerings. While on vacation, they also set an ambitious new Guinness World Record for the longest “human-made phrase” while on vacation:
Not a bad way to spend the company dime.

Sunday, May 17, 2015

China Has Become the World’s Biggest Crude Oil Importer for the First Time - TIME

May 17, 2015 at 1:20am
http://time.com/3853451/china-crude-oil-top-importer/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+timeblogs%2Fcurious_capitalist+%28TIME%3A+Business%29

    
Feng lei—Imaginechina/APMasses of vehicles move slowly during a traffic jam near the entrance to Lianhuo (Lianyungang-Khorgos) Expressway during the Labor Day holiday in Zhengzhou city, central China's Henan province, 1 May 2015.

The news reflects both China's soaring energy consumption and America's shale revolution

China is now the largest importer of crude oil in the world. In April, it surpassedthe U.S., which has traditionally held the slot, with imports of 7.4 million barrels per day (bpd) or 200,000 more than the U.S., according to the Financial Times.
The news comes as a surprise because the Chinese economy has been slowing and just this weekend, in an effort to stimulate growth, the People’s Bank of China cut interest rates for the third time in 6 months.
Over the next few months, the U.S. and China may be in and out of the top spot, but because American imports dropped by about 3 million bpd in the last decade (thanks in large part to shale extractions) and because China’s purchases have boosted seven-fold, the Chinese should be the top crude oil importer on a long term basis.
China overtook the United States as the world’s top energy consumer in 2010 and is already the number one purchaser of many commodities, such as coal, iron ore and most metals.

Saturday, May 16, 2015

4 Myths That Keep You From Living Fully and Fearlessly - Huff Post


Anita Moorjani Become a fan Speaker and bestselling author of 'Dying to Be Me'
  • 4 Myths That Keep You From Living Fully and Fearlessly
Posted: 10/07/2014 8:12 am EDT Updated: 10/07/2014 8:59 am EDT



One of the biggest lessons I learned from nearly dying of cancer is the importance of loving myself unconditionally. In fact, learning to love and accept myself unconditionally is what healed me and brought me back from the brink of death. During my workshops and speeches, I often tell the audience to "Love yourself like your life depends on it, because it does!"
Being at the brink of death taught me that my purpose in life is to be who I am, and express my authentic self fearlessly. But I also learned that I would never fully express myself unless I was able to accept and love myself unconditionally. The extent to which I am fearless about expressing my authentic self is in direct correlation with how much I love and accept myself.
If you're anything like me, you will feel that it's one thing to know the importance of loving ourselves in theory, but quite another thing to effectively put self-love into practice. Most of us come from cultures and societies that do not promote, or even support, self-love, and we often feel judged if we love ourselves, value ourselves, or put ourselves first.
It almost feels as though we live in an upside-down world where we are taught the opposite of what would really help us in life, and when we actually stumble upon the truth of how to live our lives joyfully, we are judged for practicing it.
Perhaps this is the reason why so many of us are struggling through life -- we are brought up to believe in the opposite of what would really help us, and when we inadvertently stumble upon the truth of how to live our lives joyfully, we are judged for practicing it.
Below, I've listed some common myths which people seem to take as truths, and which I believe hold us back from living our life fully:
Myth #1: It's selfish to love yourself: To dispel this myth, just look at its opposite: what does it look like if we don't love or value ourselves? We feel unworthy, undeserving, and unlovable, and the person we become is one who is needy with a void that we believe needs to be filled by others because we believe that it's selfish to fill it ourselves.
This is the person I used to be. I was needy -- and a people pleaser -- because I needed the validation of others in order to feel worthy. Now, I've noticed that when we love ourselves, we don't need the approval of others in order to be who we are. Instead, we are able to bring our fully-realized, joyful self out into the world -- someone who others want to be around -- instead of a self that is needy, with a hole that needs to be filled from the outside.
Myth #2: Loving myself means needing constant self-care, which could make me high maintenance: Many have expressed to me that they believe loving and honoring ourselves simply means making the time in our busy schedules to take care of ourselves -- for example, taking the time to meditate, smell the flowers, get a manicure, get our hair done, or get a massage -- basically, spend money on ourselves and give ourselves a treat. People tell me "I must already really love myself, because I do that type of stuff for myself all the time. But my life still doesn't work!"
Although I do think it's important to take the time to do those things for ourselves if it brings us pleasure, here's what self-love means to me: It means loving myself even when I fail. Even when I'm feeling down, and feel as though I have nothing left. Even when I feel that everyone on the planet is against me and doesn't understand me. I need to be able to look myself in the eyes, and say, "No matter what anyone else thinks, I will not let myself down, or forsake myself. I will stay by my own side!"
Myth #3: Loving ourselves means being in denial of our weaknesses Many believe that loving ourselves means being in denial about our seeming failures, and just talking ourselves with affirmations. However, this isn't the case. It's not just about constantly praising ourselves, talking ourselves up and telling ourselves how awesome we are. It's about loving the REAL us! It's about loving the human "us." The "us" who has feet of clay, the "us" who comes undone under criticism, the "us" who sometimes fails and disappoints those around us. It's about making a commitment to ourselves that we will stick by "us," even if no one else does! That's what loving ourselves means!
Myth #4: It's important to always stay positive, regardless of external circumstances: Although it's not a bad thing to have a positive attitude in life, I have found that as someone who reads books that advocate positive thinking, and how our thoughts create our reality, I started to become fearful of having "negative" thoughts. Whenever I had a fearful or insecure or negative thought, I would deny it, suppress it, and push it away, believing that it would contribute towards manifesting into a negative physical reality. It was only after almost dying of cancer, did I realize that I had been suppressing many of my thoughts and emotions, for fear of being negative, and putting "negative thoughts" out there. And this suppression only contributed to my illness. I then realized that it's not my thoughts that create my reality; it's my emotions towards myself. That is, the more I love myself, the better my external world. The more I love and value myself, the more I allow positive things to come into my life. The less I love myself, the less I feel worthy of allowing positive things to come into my life.
If I constantly suppress certain emotions and feelings within myself, judging them as being "negative" and forcing myself to have more positive thoughts, the message I am sending to my own self is that "my thoughts are wrong. I should not be having these thoughts!" Basically, I am denying who I am, and what I am feeling. This is not a loving thing to do to myself, and neither is it healthy to have all these feelings and emotions bottled up inside. I have since realized that it's more important to be myself than it is to be positive. And as a result, when I am positive, it is genuine and authentic.

Friday, May 15, 2015

Macau overtakes Switzerland in income tables - Financial Times

May 14, 2015 at 1:27pm
http://www.ft.com/intl/cms/s/0/df9039ec-01aa-11e4-bb71-00144feab7de.html?siteedition=intl#axzz3a4x7cWmS

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July 2, 2014 8:09 am

Macau overtakes Switzerland in income tables

By Demetri Sevastopulo in Hong Kong

Macau has leapfrogged Switzerland to become the world’s fourth richest territory per person, according to the World Bank, thanks to the influx of mainland Chinese gamblers and tourists.
The former Portuguese colony recorded per capita gross domestic product of $91,376 in 2013, behind Luxembourg, Norway and Qatar. The Chinese territory overtook Switzerland – where on average each person earned $80,528 – with an 18.4 per cent jump that was driven by buoyant gaming revenues.


Since Macau was returned to China in 1999, its economy has grown 557 per cent as the territory of 607,000 people has been transformed into a gambling mecca. 
The most dramatic expansion has come since the Chinese territory scrapped a monopoly gaming concession in 2002 and awarded casino licences to six operators that include Sheldon Adelson’s Sand’s ChinaWynn Macau and Stanley Ho’s SJM
In 2013, Macau posted gaming revenues of $45bn – more than seven times Las Vegas – continuing a dizzying rise that has pushed unemployment down to 1.7 per cent. The bulk of the money comes from mainland Chinese punters visiting Macau, the only place in China where casinos are legal.
The local population has benefited from the casino growth through the number of jobs created, although residents are worried about the impact on housing prices and rents. The government has tried to spread the wealth generated by gambling by providing residents with annual subsidies. In 2014, it will provide permanent residents with a handout of about $1,200.
Analysts expect Macau to continue to grow strongly, especially as casino operators open hotel and gaming properties in the developing Cotai Strip area. CLSA, one of the most bullish brokerages on Macau, reckons revenues will reach $90bn by 2018, as more mainland Chinese travel to the territory, partly helped by high-speed rail and other transport links. 
Macau will also gain from the expected 2017 opening of the world’s longest bridge that will provide a 30-minute road link from Hong Kong airport, which has more capacity than Macau’s own airport.
But some signs have emerged in recent months that growth is easing. In June, Macau saw its first year-on-year decline in gaming revenues since 2009, in a fall that analysts attributed to punters diverting money to the World Cup. But casinos have also been hit by the slowdown in the Chinese economy in addition to austerity and anti-corruption campaigns by Chinese President Xi Jinping.
Speaking recently in Macau, Steve Wynn, chairman and chief executive of Wynn Macau, said Mr Xi’s campaigns had barely had an impact, but added that luxury retail sales were “off by a small amount”.
“I am sure the new president of China is going to make a very important impact on China as he goes forward, but right here in Macau, things seem the same to us,” said Mr Wynn. 
Casino stocks in Macau have also been hit by reports that the territory is clamping down on the use of Unionpay credit cards – China’s biggest credit card operator – to try to curb efforts to circumvent currency controls.
I am sure the new president of China is going to make a very important impact on China as he goes forward, but right here in Macau, things seem the same to us- Steve Wynn
Mr Wynn rejected suggestions that Chinese government concerns about money flowing out of China might hurt casinos in Macau, which ultimately requires approval from Beijing for expansion.
“There is freedom here and the people who are successful in China will travel, shop and spend their money as they fit, within certain reasons, within certain guidelines,” said Mr Wynn. “I don’t see any major change in that . . . As far as wealthy folks in China, just like they always have, they get to do what they want. And if that’s not true then that’s the first time in history that’s not true.”
The rise of Macau as a gaming haven has also spawned sports and entertainment tourism. Over the past year, the territory has hosted musicians such as the Rolling Stones and sports stars such as David Beckham and Tiger Woods. 
In 2012, Macau was sixth in the World Bank rankings, behind Bermuda and Switzerland. The 2013 data did not include a figure for Bermuda, but based on its 2012 GDP per capita figure of $84,471, it will probably trail Macau when the data becomes available. The World Bank has also not yet received estimates for Monaco and Liechtenstein for 2012 or 2013, but based on the latest available figures the two would almost certainly top the rankings, pushing Macau and Switzerland down in the table.
Twitter: @AsiaNewsDemetri

Wednesday, May 13, 2015

Facing up to Franco: Spain 40 years on - Financial Times

May 10, 2015 at 10:56pm
http://www.ft.com/intl/cms/s/2/5e4e6aac-f42f-11e4-99de-00144feab7de.html#slide0

Tobias Buck
The country is still coming to terms with the dictator’s legacy. Is it any closer to reaching an agreement about its bloody past?

Fifty kilometres north of Madrid, in the granite mountains of the Sierra de Guadarrama, is the tallest stone cross built anywhere in the world. More than 150 metres high, it stands guard over a vast basilica hewn into the rock below.The sprawling architectural ensemble, coldly symmetrical and entirely grey, shows occasional traces of life. It is home to a Benedictine abbey, along with a religious boarding school and hospice. There is a decent restaurant that specialises in traditional Spanish fare, and a mud-covered football pitch that comes to life whenever the pupils emerge to play a match.

Mostly, however, this is a place of death. Known as the Valle de los Caídos, or Valley of the Fallen, it is the final resting place for more than 33,000 bodies. With one notable exception, all of them were killed during the Spanish civil war, which lasted from 1936 to 1939. The odd one out is the man who started the bloody slaughter, and emerged from it victorious. His grave can be found right behind the high altar, at the very end of the imposing, windowless basilica: a modest granite slab, perpetually adorned with a bouquet of fresh flowers and the simplest of inscriptions: Francisco Franco.
The Spanish dictator died four decades ago this year but his resting place, much like his legacy, is far from settled. Outside Spain, Franco is often situated alongside Hitler and Mussolini as one of the continent’s most reviled fascist leaders, a brutal dictator who plunged his country into war and went on to preside over the death, incarceration, torture and exile of hundreds of thousands of his opponents.
In Spain, however, the government continues to pay for the upkeep of the Valle de los Caídos, tombstone and all, which forms part of the National Heritage. Hundreds of thousands come to visit the site every year. Spain’s Roman Catholic Church, meanwhile, jealously guards its role as the custodian of the Valley, and provides the monks and priests who sanctify the vast granite complex with their daily songs and prayers.

Even 40 years after Franco’s death, there is no national consensus on what the civil war and his dictatorship mean. Only a tiny minority voice genuine nostalgia for the old regime but the number of those clamouring for a frank reassessment of the past — and for expelling Franco from his privileged tomb — is not large either. As a topic of conversation, the former dictator and his deeds are widely shunned, whether in school, in parliament or around the family table. Polls are few and far between but those that are taken regularly show a lingering sense of ambivalence, perhaps linked to the extraordinary economic boom that occurred under the later years of the Franco regime. One typical survey found that six out of 10 Spaniards believe that Francoism had “both good sides and bad sides”.
But it is not just in the Valley that Franco continues to have his place. Despite a purge during the past decade, many Spanish cities still boast streets and plazas that honour his memory. Even the odd statue has survived. There is a prominent foundation dedicated to celebrating the dictator’s life and work. Once a year its members and other Franco sympathisers come to the Valle de los Caídos for a special mass, and to pray for his eternal soul.
To some Spaniards, the site — and the annual ritual — is an abomination, a stain on the country’s democratic record. They argue that Spain, perhaps uniquely in western Europe, has never made an effort to openly confront its past. Far from allowing old wounds to heal, this failure has, in fact, kept old divisions alive for longer than anyone thought possible — the original sin of Spanish democracy, still unatoned after all these years.
One man who believes this more strongly than most is Emilio Silva, a burly political scientist and journalist who rose to prominence over the past decade as the co-founder of Spain’s historical memory movement. “Can you imagine a church in Germany where the priest prays for the soul of Hitler? Can you imagine a square in Italy that is named after Mussolini?,” asks Silva, over coffee in a noisy bar in Madrid.
The movement he started some 15 years ago is best known for locating and digging up the graves of Spanish Republicans killed by Franco’s Nationalists. More than 1,300 bodies have been recovered from roadside ditches and secluded forests, and accorded a proper burial. For the relatives, the process has often been momentous — allowing them finally to come to terms with six decades of pain and grief.
The broader aim of Silva and his allies, however, is to shatter Spain’s so-called pact of forgetting — the unspoken agreement between left and right in the wake of Franco’s death to look to the future, not the past. In legal terms, that pact is cemented in the 1977 amnesty law, which shields former Franco officials — including the regime’s most notorious torturers — from criminal prosecution. Yet it is also reflected in Spain’s schools, where the history of the civil war and Franco’s dictatorship remain marginal subjects. And it finds an echo in the singular absence of any national museum or monument (aside from the Valley) to commemorate the war. “We are a country full of ignorance,” says Silva. “If there wasn’t so much ignorance, Franco would no longer be there [in the basilica]. For a society with even a little bit of understanding, it would simply be intolerable.”
To its defenders, the Valle de los Caídos is, above all else, a site of mourning and reconciliation. They point out that the mass tombs that line those heavy granite walls hold the dead of both sides. But they often fail to mention that the Republican dead were brought to the mausoleum without consulting their families (and that they are held in some cases against the express wishes of relatives). Neither do they question why any Republican would wish to lie buried in a tomb so laden with Francoist and fascist imagery.
At least once a year, the notion of reconciliation becomes impossible to maintain: on November 20, the anniversary of Franco’s death, his supporters arrive from all over the country (and beyond) for a special mass.
I have rarely had cause to attend Catholic mass during my life but even regular worshippers are likely to leave this particular ceremony in a state of dazed wonderment. Part of this has to do with sheer sense of drama.

At the precise moment of the transubstantiation, when the bread and wine are symbolically converted into the body and blood of Christ, the vast underground basilica is plunged into darkness. An invisible helper turns off all lights save for a single spot that is directed at the body of Christ on the cross, along with the hands of the priest holding aloft the wafer.
The priest, who is also the abbot of the Valley’s Benedictine monastery, then starts his homily with a prayer for the soul of Francisco Franco and José Antonio Primo de Rivera, the founder of Spain’s fascist Falange movement. Both men died on November 20 but they are separated by a political eternity: Franco passed away in his bed, peacefully, after 36 years of unopposed rule. Primo de Rivera was killed by a Republican firing squad in 1936, just months after the start of Spain’s civil war.
The two bodies occupy pride of place in the gloomy basilica, buried in front and behind the altar. Standing at the lectern just above, the priest praises the two fascist leaders for their decision to “forgive their enemies and seek their forgiveness for themselves”.
I was told that some worshippers are likely to make a fascist salute but I had not expected arms to be raised quite so brazenly. Some make a discreet, hasty salute on their way to receive Holy Communion; but all inhibitions melt away once the priests, monks and choirboys leave the church. Franco’s grave is quickly surrounded by dozens of admirers. They lay down red flowers and kneel to touch the rough, grey stone. Some offer a personal prayer. Dozens straighten their back and offer the raised-arm salute, while friends and wives snap pictures. Shouts of “Viva Franco!” and “Viva España!” ring out through the vast basilica. Neither the guards from Spain’s National Heritage nor the remaining monk try to intervene.
Standing quietly is Jaime Alonso, the vice-president of the Francisco Franco Foundation and the public face of hardcore Francoists in Spain today. He whispers a prayer and crosses himself but then quickly turns away from the more raucous crowd surrounding the dictator’s grave. Impeccably dressed and softly-spoken, Alonso is a lawyer by profession and Francoist by passion. Armed with a wealth of numbers, dates and facts, he makes a resolute case for Franco’s defence when I catch up with him back in Madrid.
He tells me he grew up with a vision of Franco as the “father of the nation”, and views him still as “the man of providence who came to save Spain”. Selfless, upright, a brilliant military commander and great political strategist, Franco is hailed as a towering figure in Spanish history, comparable only to the medieval rulers who drove the Moors from Spain in 1492 or the great kings who held sway over an empire stretching from Peru to the Philippines.

Alonso vigorously defends Franco’s military putsch against the country’s elected government in 1936, which marked the start of the civil war, as a necessary step to put an end to the chaos and violence of the period. “There was no other option. They could either fight or let themselves be killed,” he insists.
The foundation is located in a third-floor apartment just up the road from Real Madrid’s imposing Bernabéu stadium. The offices are packed with memorabilia, signed photos, oil portraits, thousands of books and an archive. There is even a small souvenir shop, where visitors can pick up a Franco ashtray for €4.50.
For all his enthusiasm, Alonso admits that there are few genuine Francoists in Spain today. Since the return of parliamentary democracy to Spain, there has only been one openly Francoist member of parliament. Even during the recent economic crisis, with millions of Spaniards desperately searching for work, there was no sign of revival in Francoist sentiment.
Yet Alonso is convinced that Franco lives on. Why else, he asks, would the country’s political mainstream be so silent about his rule? “They are afraid of him. They know very well that Franco is more than just a reference, that he is something embedded in the culture of the Spanish people as a solution. Today, even if everything falls apart, we have a national ideal that stays with us and that is passed on in our genes. How can Francoism revive today? As bad as the situation is, the idea is there.”
What is striking is not so much the historical narrative put forward by the Franco Foundation but the absence of any official challenge to it. I have asked dozens of Spaniards what they were taught about the civil war in school. The answer is, almost invariably, nothing. Spain’s parties have never been able to agree on a joint condemnation of the Franco dictatorship, or an official apology to its victims. There has been no official commission and no national museum offering a unified narrative. Even 40 years after the death of Franco, it seems Spaniards find it impossible to reach common ground about their recent history.
For Javier Cercas, the Spanish novelist and writer, the interplay of memory and history, and the stories and lies people tell themselves about the past, have long been a subject of fascination. His 2001 book Soldiers of Salamis is widely hailed as one of the great novels about the civil war. I call him up a few weeks after the release of his latest book, The Imposter, which deals once again with history, war, terror — and the lies they bring forth. The book contains an entire chapter about Spain’s own struggle — and ultimate failure — to come to terms with its history.

“A country must have a basic accord about the past,” Cercas tells me. “Britain has it. Germany has it. All the strong democracies have this basic accord. But Spain hasn’t.” The reason for this, he argues, is obvious: “There was no rupture in Spain after Francoism. There was a transition, there was peaceful and progressive change from dictatorship to democracy. This means that the Spanish right did not break completely with Francoism. It would be wrong and absurd to say that the Spanish right is Francoist. It obviously isn’t. But it has never been able to bring itself to condemn Francoism.”
Not everyone is convinced that this matters. José María de Areilza, a professor of law at Esade business school and former government adviser, speaks for many when he argues that Spain was right to look to the future and “leave the past to the historians”.
“There is no one way to deal with the past,” he tells me. “Franco died in his bed. But everything that has happened in Spain since has condemned him. He is being condemned every day by the normal functioning of our democracy, by our constitution. Spain has moved on by doing, by acting.”
For Cercas, however, the country’s failure to openly confront the past leaves Spain in a state of heightened fragility. “If there is no accord over the past, then the past can always be used, can always be manipulated,” he says. “There is no accord over our past, and that means that finding an accord over our present and our future is much more difficult. Can we live with this? Yes, we can live with this. But would we live better if we had a common narrative? We would live much better.”
The closest that modern Spain ever came to challenging the pact of forgetting was under the Socialist government of José Luis Rodríguez Zapatero, the prime minister from 2004 to 2011. The Zapatero government provided generous funding to unearth Republican war graves, and passed a law calling for the removal of Franco statues and street names.
It faced bitter opposition from the centre-right Popular party, and from Spain’s Roman Catholic Church (which served as a pillar of the Franco regime). At the height of the controversy, the country’s conference of bishops published a searing attack on the government, saying it was “opening old wounds” and “threatening the tranquil co-existence”. The archbishop of Madrid put it even more bluntly. Sometimes, he remarked, “One has to know how to forget.”
Towards the end of its tenure, the Zapatero government finally decided to tackle the biggest totem of them all: the Valley of the Fallen. It appointed a commission of experts and asked it to draw up proposals for an overhaul of the site. The commission was formally established in May 2011 — just six months before a general election that Zapatero knew he would lose. Whatever conclusions its members would reach, they were almost certain to be filed away the very instant that the new centre-right government took over.
Francisco Ferrandiz knew he was part of an exercise in futility but decided to accept the invitation to join the commission all the same. A social anthropologist at Spain’s National Research Council, he had closely followed the work of the historical memory movement. Here was a chance to shape the debate over one of the most contentious monuments in the world today.
In the end, after much internal wrangling, the commission called for a radical overhaul: it suggested removing Franco’s grave from the basilica and burying him elsewhere, and transferring the body of Primo de Rivera from its privileged site to the mass graves that line the church. Just as importantly, they wanted to convert the sections of the site that house the dead into a national cemetery — and so remove it from the oversight of the monks.
As expected, the document was shelved immediately by the new government. Asked about the future of the Valle de los Caídos in 2013, the deputy prime minister fell back on the Popular party’s standard line that any change requires the “consensus” of all parties. That consensus remains as elusive as ever.
For all his frustration, Ferrandiz says he has not lost hope that a new generation of Spaniards will eventually demand a less circumspect relationship between the present and the past. He points out that Spain’s political order is now under scrutiny as never before. The transition itself has become almost a dirty word for a new generation of political activists who are desperate to sweep away what they see as a deeply corrupted system.
Franco is being condemned everyday by the functioning of democracy. Spain has moved on by acting- José María de Areilza, professor of law, Esade business school

“We had the prestigious transition that is being taught all over the world as an example of how to move cleanly from a dictatorship to democracy. Now we find that this transition is under fire because it glossed over some of the thorniest issues of the dictatorship — and let the perpetrators die in bed without ever facing their responsibility. Now we have a new generation saying: ‘We have to face this.’”
That new generation is embodied by Podemos, an anti-establishment party founded only last year and now vying to become one of the largest parties in Spain. Some of its leaders are former activists in the historical memory movement — a background that helps explain the almost visceral rejection of what Podemos leaders refers to as the “transition regime”.
Younger Spaniards are less inclined to fear a return of political instability — or to regard Franco as a totemic issue that must not be raised. For many, the dictator has become a figure of ridicule. “Franco represents everything I don’t like about Spain and about Spanish history — the ultra-right, the relationship between church and state and the whole communion-and-daily-mass way of life,” says Sagrario Monedero, a 33-year-old political activist who works for a women’s rights organisation in Madrid. “But he is also a bit of a comical figure — this small man with a pot belly and a high-pitched voice,” she adds.
Like a growing number of young Spaniards, Monedero has never visited the Valley of the Fallen. She regards the monument as an outrage but also suggests that her generation sees no urgent need to tackle the Franco legacy. “History has already given its verdict.”
It is an argument that goes a long way towards explaining the indifference about Franco in Spain today. But if history has, indeed, made its verdict, why is it not being executed? Why is it so hard for Spanish democracy to touch that brooding mausoleum in the mountains?
“Let’s take this terrible monument as an opportunity,” says Ferrandiz. “It is the biggest Francoist monument of them all, and it is where all the complexities come together. If the debate has to happen somewhere, if we are to find a consensus about our history, it has to be around the Valley.”
Wandering amid the acres of grey granite, it is not easy to share Ferrandiz’s hope that change is in the air. All that heavy stone and polished bronze convey an aura of timeless permanence. Who will have the strength to push aside the massive slab of stone that covers Franco’s grave? What ghosts will awake the day that Spain starts looking unflinchingly into the past, and attempts to finally separate perpetrators from victims?
No one knows. Perhaps the only certainty is contained in the famous line from William Faulkner cited in Cercas’s latest novel, one that could serve as the summary of Spain’s ever-simmering history wars: “The past is never dead. It’s not even past.”
Tobias Buck is the FT’s Madrid bureau chief

Franco’s life

1892 Francisco Paulino Hermenegildo Teódulo Franco Bahamonde was born on December 4 in Ferrol, a provincial port in northwest Spain.

1907 Like several generations of family before him, he seemed destined for a career in the navy but, instead, joined the Military Academy at Toledo. He graduated as a lieutenant three years later.
1917 He was made the youngest major in the Spanish army after a campaign in Morocco, during which he was severely wounded by a gunshot to his stomach. It is said he would have died if he hadn’t been inhaling when the bullet struck, as this saved his intestines from being hit.
1923 Franco, now leader of the Spanish Legion, married Carmen Polo. They had one daughter, María del Carmen, born in 1926.

1926 He was promoted to the rank of brigadier-general. Reputedly, this made him the youngest general in Europe since Napoleon.
1936 In July, civil war broke out in Spain between the leftwing Republicans and the rightwing Nationalists, led by General Franco.
1939 The last Republican forces surrendered in April. Franco declared himself “generalissimo”, head of both state and government.

1939 The second world war began in Europe in September. Franco’s Spain remained officially “neutral” throughout the conflict, even though he had previously received help from Hitler and Mussolini during the Spanish civil war.
1947 Franco reinstated the monarchy but with himself as de facto regent for life.
1950s Spain was brought in from the cold and admitted into the United Nations, and was visited by US President Dwight Eisenhower.
1960s and early 1970s The country enjoyed an economic “Spanish Miracle”, and tourism flourished.
1975 On November 20, Franco died of natural causes. He was buried at Valle de los Caídos.
Research by Spencer Brown