Country offers young people money to leave their homes more.webp

Country offers young people money to leave their homes more often you know!

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The South Korean government’s recent announcement that it will offer financial assistance to young prisoners raises important questions about the situation of these individuals and underscores the need to address this issue not only in South Korea but around the world.

The phenomenon of young prisoners is not unique to this country, and countries like Japan face similar challenges.

Lonely and withdrawn youth

At South KoreaIt is estimated that around 3.1% of South Korean youth aged 1939 are considered lonely and withdrawn youth. These young people live in cramped spaces, are isolated from the outside world for long periods of time and have significant difficulties leading a normal life.

This situation can be traced back to a multitude of factorssuch as:

  • financial difficulties.
  • insanity.
  • family and health issues.

READ MORE: Beware: 3 Body Symptoms That Can Cause Anxiety!

The monthly allowance for young prisoners

Faced with this worrying situation, the South Korean government decided to take measures to support these young people’s psychological and emotional stability as well as their healthy development.

The monthly aid offered by the Department for Gender and Family Equality aims to help young prisoners aged between nine and 24 who are part of families Income below the national average.

In addition to financial support, it is vital to provide juvenile prisoners with appropriate guidance and emotional support. Due to an irregular and isolated life, these young people may face adjustment difficulties, both physical and mental.

Depression and loss of social roles are just some of the challenges these young people face. Therefore, active support through advice and wellness offers is of the utmost importance.

The young prisoner problem is a global problem

While South Korea is attempting to address this problem internally, the problem of young prisoners is evident in other countries such as Japan as well. With nearly 1.5 million lonely and reclusive young people known as “hikikomori,” Japan faces similar challenges to South Korea.

This growing concern about the phenomenon was amplified during the COVID19 pandemic, which further disrupted the lives of these young people and caused them to become even more isolated.

READ MORE: 5 Signs of Mental Fatigue Your Mind is Causing Be Careful!

Holistic and multisectoral approach

The situation of young prisoners requires a holistic and multisectoral approach. In addition to providing financial and emotional support, it is crucial to develop early detection programmes, strengthen social safety nets and build closer partnerships with youth services, shelters and rehabilitation centres.

These actions will help identify and support atrisk youth before they become completely withdrawn.

The plight of young people in prison is an important reminder that investing in the wellbeing and mental health of young people is essential. Ensuring a supportive environment and opportunities for all young people is key to building an inclusive and resilient society.

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But is it really her Unrecognizable Veronica Lario Berlusconis

“But is it really her?”: Unrecognizable Veronica Lario | Berlusconi’s ex wife is so thin and reduced Solo Spettacolo

Veronica Lario and Silvio Berlusconi – solospettacolo.itVeronica Lario and Silvio Berlusconi – solospettacolo.it (web source)

Veronica Lario’s new look has caused chaos on social media: the appearance of Silvio Berlusconi’s ex-wife has not gone unnoticed.

Miriam Raffaella Bartolini, the actress, was born Veronica Lario He adopted his stage name in the late 1970s when he made his small screen debut.

With blonde hair and bright green eyes, the interpreter made her debut on the sets of Bel Ami and The Widow and the Dishwasher, and then joined the cast of the theatrical comedy The Magnificent Cuckold. After collaborating with director Dario Argento, who hired her for his film Tenebre, Veronica Lario continued to take the stage at Milan’s Teatro Manzoni, owned by Silvio Berlusconi.

The entrepreneur, who was still linked to his first wife Carla dall’Oglio at the time, energetically courted the starlet and convinced her to do so coexist in secret until 1985as the couple made their relationship official to the press.

Then, in 1990, the wedding took place, attended by figures such as Fedele Confalonieri, Gianni Letta and the Craxi couple as witnesses. The relationship produced that Children Barbara, Eleonora and Luigibut the offspring did not act as glue for the troubled couple: Veronica Lario and Silvio Berlusconi have been in a relationship since 2007 extremely dangerous slopeand which led to both of them going to the courtroom to finalize the breakup.

Veronica Lario and the messy divorce from the knight

The entrepreneur has never made a secret of it appreciate the charm of the fair sexand Veronica Lario has never condoned his excessive gallantry towards potential rivals.

After all, Silvio Berlusconi would have attended one in 2009 Private party in a villa in Casario, and there he would have celebrated the birthday of the then 18-year-old Noemi Letizia. Veronica Lario issued a succinct press release on this occasion: “Shameless garbage. The path to my marriage is marked. I can’t be with a man who is dating a minor. I’m closing the curtain on my married life. My children and I are victims, not accomplices, in this situation.” The former First Lady has therefore avoided fomenting further rumors about her family for years prefers a more anonymous lifestyle and out of the limelight. However, her presence at her ex-husband’s funeral inevitably caught the attention of the magazines: after a long absence from the pink columns, her appearance triggered a flood of comments.

Veronica Lario - solospettacolo.it Veronica Lario – solospettacolo.it (web source)

Veronica Lario, it’s a mystery about your physical transformation

Silvio Berlusconi’s ex-wife attended the ceremony in the front row state funeral of the entrepreneur and showed a listless and contrite expression in public.

However, Veronica Lario has shown up particularly thin compared to the recordings of the past, in which he showed voluptuous and generous forms. The almost 66-year-old is currently enjoying her status as a grandmother in an attic in Vimercate, trying to avoid the ever-recurring paparazzi of our local reporters.

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“But is it really her?”: Unrecognizable Veronica Lario | Berlusconi’s ex wife is so thin and reduced Solo Spettacolo Read More »

Lewis Capaldi announces he will be taking another break from

Lewis Capaldi announces he will be taking another break from the stage in Glastonbury

Lewis Capaldi announced he would be taking another break from the spotlight because of his mental health as he took the stage in Glastonbury on Saturday.

The 26-year-old singer, who has Tourette’s Syndrome, had canceled all work commitments earlier this month to “rest and recuperate” ahead of his Glastonbury performance.

He returned to the stage for the first time in weeks to perform on the Pyramid Stage but confirmed he would be taking another break in the coming weeks.

The Scottish star explained that fans may not see him much for the rest of the year as he plans to quit work due to ill health.

Towards the end of his performance, he told the audience, “I feel like I’m going to take a little break again in the next few weeks. You probably won’t see much of me for the rest of the year.”

Taking a step back: Lewis Capaldi announced he would be taking another break from the spotlight because of his mental health as he took the stage in Glastonbury on Saturday

Taking a step back: Lewis Capaldi announced he would be taking another break from the spotlight because of his mental health as he took the stage in Glastonbury on Saturday

Break: The 26-year-old singer, who has Tourette's Syndrome, had canceled all work commitments earlier this month to

Break: The 26-year-old singer, who suffers from Tourette’s Syndrome, had canceled all work commitments earlier this month to ‘rest and recuperate’ ahead of his performance in Glastonbury.

Lewis has been open about his struggles with Tourette’s – a neurological condition characterized by a combination of involuntary sounds and movements called tics that can cause speech and voice disorders.

During his Glastonbury show, Lewis also spoke candidly about why he was taking a three-week break from the stage ahead of the music festival.

He said: “I took three weeks off because I was on the road non-stop earlier in the year and wanted a break for my head and mental health. I wanted to come back and visit Glastonbury because it’s so amazing.’ ‘

Lewis appeared very emotional during his performance at Glastonbury as he was struggling with Tourette’s symptoms and losing his voice while singing, prompting him to apologize to the audience.

While he was coughing and struggling to sing, his supportive fans would gather around him and help him sing his hits since he was forced to temporarily stop due to his vocal problems.

Despite his difficulties, Lewis insisted on finishing his performance, and the show came to an emotional conclusion as the audience lovingly sang “Someone You Love” to him.

In that heartwarming moment, Lewis took to the stage and sang brief segments of the track while the friendly crowd sang at the top of their lungs to support the star.

'You probably won't see much of me': He returned to the stage for the first time in weeks but confirmed he would be taking another break in the coming weeks

‘You probably won’t see much of me’: He returned to the stage for the first time in weeks but confirmed he would be taking another break in the coming weeks

Open: The Scottish star has explained that fans may not see him much for the rest of the year as he plans to take another break from work for reasons of his mental health

Open: The Scottish star has explained that fans may not see him much for the rest of the year as he plans to take another break from work for reasons of his mental health

Many fans also took to Twitter after the show to offer kind words to Lewis, telling how the emotional crowd was brought to tears by the final song of his set.

They also insisted the Scottish singer had nothing to apologize for, praising his “fantastic” show and praising him for completing his performance despite his difficulties.

One fan wrote: “Blown away @LewisCapaldi at Glastonbury.” I’ve been coming for years and this is one of the best sets I’ve seen. Absolutely nothing to apologize for, everyone around me was crying by the end. Great.’

Another said: “Bravo @LewisCapaldi. A brilliant set and well done to keep going. “There is absolutely no reason to apologize for a fantastic show.”

While a third tweeted: “Lewis Capaldi’s last song was such an emotional sight, good for him he did his best!!”

A fourth commented: “Fantastic show at Glastonbury mate take a break mate you come first. Health is more important than anything else.”

And another gushed: “@LewisCapaldi thanks for sticking it out mate #Glasto loves you.” By the way while you said you were struggling you got us rockin’ with you to your great songs and to let our soul dangle. Rest buddy.’

Despite the incredible support from his fans, Lewis appeared dejected as he left the stage and thanked his fans for all their support after they helped him sing.

During his performance, Lewis had apologized to fans for saying his voice was “tired” but insisted on going ahead with his performance as he admitted he was “annoyed” with himself.

Troubles: Lewis seemed very emotional during his performance at Glastonbury as he was struggling with his Tourette's symptoms and began to lose his voice while singing

Troubles: Lewis seemed very emotional during his performance at Glastonbury as he was struggling with his Tourette’s symptoms and began to lose his voice while singing

Friendly: When he was coughing and struggling to sing, his supportive fans rallied around him and helped him sing his hits as he had to temporarily stop due to his vocal problems

Friendly: When he was coughing and struggling to sing, his supportive fans rallied around him and helped him sing his hits as he had to temporarily stop due to his vocal problems

He said, “My voice is going to be great, so I’m very sorry, it’s the worst place for something like this to happen.” However, we’ll play two more songs, even though I can’t sing properly.

‘I’m really sorry before we go on because it’s a bloody pain in the ass.’ You all came out and I really apologize that my voice is overpowered.’

He then belted out “Hold Me While You Wait” while playing guitar, with fans singing along to the lyrics during a few moments when he had to temporarily stop singing.

Between tracks, the supportive crowd went wild as they cheered him on as he paused temporarily and his coughing could be heard as he battled Tourette’s Syndrome.

He then said: “Glastonbury, I’m really sorry, I’m a bit annoyed with myself here,” which caused the crowd to cheer for him and, in a sweet moment, yelled his name.

Lewis then closed the show with his smash hit “Someone You Love” while the crowd chanted in support as he struggled with the singing.

His return to the stage comes after Lewis canceled all his work commitments earlier this month to “rest and recover” for Glastonbury.

He said he needed some time off leading up to the show to focus on his health, which meant he missed his performance at Capital’s Summertime Ball.

Support: Lewis insisted on going ahead with his performance and his fans chanted his lyrics for him and the show came to an emotional end as the audience sang

Support: Lewis insisted on going ahead with his performance and his fans chanted his lyrics for him and the show came to an emotional end as the audience sang “Someone You Love” to him

1687633473 620 Lewis Capaldi announces he will be taking another break from 1687633475 632 Lewis Capaldi announces he will be taking another break from Nice: Tearful: Many fans also took to Twitter to offer kind words to Lewis after the show, insisting he had nothing to apologize for while praising him for carrying on with his performance

Nice: Tearful: Many fans also took to Twitter to offer kind words to Lewis after the show, insisting he had nothing to apologize for while praising him for carrying on with his performance

In an Instagram statement, he said, “Hello everyone, I hope you’re doing well.” This is a really difficult message and it hurts me a lot to type it.

“But I’m really sorry to say that I have to cancel all commitments from now until I play Glastonbury on June 24.”

“It’s been an amazing time leading up to the making of this new album and to see the support from everyone is beyond anything I could have ever dreamed of.”

Lewis continued, “Nevertheless, the last few months have been both mentally and physically demanding, I haven’t been properly home since Christmas and I’m having a hard time coming to terms with it at the moment.”

“I need to take a moment to rest and recuperate, to be at my best and ready for Glastonbury and all the other incredible shows to come so I can go on doing what I love for a long time to come.”

“I need to take these three weeks to be Lewis from Glasgow for a while, to spend some time with my family and friends and to do normal things in life that are an important part of making me feel better .” I hope everyone understands.

“I know many of you have spent money on travel or hotels, which I appreciate more than ever given how difficult the economy is at the moment, so I deeply regret the impact this will have.”

Mental health: Lewis recently opened up about his mental health issues and Tourette Syndrome on the new Netflix documentary How I'm Feeling Now

Mental health: Lewis recently opened up about his mental health issues and Tourette Syndrome on the new Netflix documentary How I’m Feeling Now

“The fact that you are willing to put your time, money and love into these shows is beyond belief and I feel incredibly fortunate.” I get all the help and support I need from the incredible people around me around for which I am so thankful.

He finished by saying, “I don’t take any of this for granted and can’t wait to do it again.” Love Lewis x’

Lewis recently opened up about his mental health issues, anxiety and Tourette Syndrome in the new Netflix documentary How I’m Feeling Now.

Lewis was diagnosed with Tourette after doctors noticed his uncontrollable shoulder shrug and he also spoke about being a hypochondriac in his documentary.

Hypochondria causes sufferers to experience extreme anxiety for their health, including fears of being or becoming seriously ill.

Lewis Capaldi announces he will be taking another break from the stage in Glastonbury Read More »

Brazil is the third largest consumer of fashion and beauty

Brazil is the third largest consumer of fashion and beauty on Google Escola Educação

Brazil is the third largest country in the world when it comes to searching for topics related to fashion and beauty in internet search engines. According to a survey by Google itself, Brazilians are second only to Japan and the United States.

The information was released at the Bigtech office during Think Beauty & Fashion in São Paulo.

See also: Google may be in your debt and you have no idea; Find out how to search

A Google search for fashion and beauty brings up some interesting data

To conduct the unprecedented survey, Google surveyed a total of 1,000 consumers to study their fashion and beauty consumption habits.

In addition, another survey of 2,000 Brazilians on the most important trends in this segment was commissioned from Offerwise.

According to the data received, most Brazilians are likely to maintain or increase their purchases of fashion and beauty products over the next 12 months. 68% of all respondents expressed this claim when asked about fashion.

When asked about beauty, the number was even higher, reaching 83% of the participants.

Also, according to the information gathered, consumers are now more vigilant than they used to be. They are increasingly looking for wellness products and brands whose purpose aligns with their personal values.

“Consumers are increasingly looking for products that not only make them look good, but also make them feel good. They want brands to have a story and show credibility beyond their products, not just lip service,” said Farouk Azanki, director of beauty segment at Google Brazil, in an official statement.

Overall, 7 out of 10 Brazilians use beauty products to feel good, regardless of what others think. 17% of beauty consumers and another 7% of fashion consumers say they prefer to buy from brands that align with their principles and values.

Finally, it was found that the main concern of Brazilians is to take good care of their hair. This was stated by 44% of those surveyed, the other topics are perfume, skin and makeup.

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Diane Kruger turns heads in a luscious semi sheer dress that

Diane Kruger turns heads in a luscious semi-sheer dress that reveals her underwear – Grazia France

Even though the fashion world has been swearing by nude outfits for the past few months, it has to be admitted that this isn’t the fashion trend that’s easiest to translate into real life. It was without calculation Diane Krueger, who keeps giving us style lessons on how to wear the see-through clothes with elegance. Fashionista with impeccable taste, the 46-year-old actress obviously succumbed to the trend of the trendy transparent dress, which she nevertheless adopted in a short version and combined with a fiery red jacket to impress without revealing too much. .

Diane Kruger, radiant in a sheer dress that reveals her bra

Diane Krueger She also added the transparent skirt to her fashionable outfit and her look, which was once again hot, left a lasting impression. And when Norman Reedus’ girlfriend attempted a pair of sheer flared trousers, she simultaneously convinced us it was one of the most stylish pieces of the moment. But while the actress always shone when playing the game of transparency, she shone more than ever while doing it his last outing in see-through mode.

This Saturday, June 24th, Diane Kruger shared several photos of her look on her Instagram account Piaget party that took place the day before in the city of Florence, in Italy. And the beautiful blonde is particularly stunning. Diane Kruger just looks like a fairytale princess in her beauty Black tulle dress decorated with silver dots, and equipped with a long cape for an even more magical result. But if that magnificent creation by Giambattista Valli leaves you speechless, thanks also to him totally transparent satin bodice revealing the actress’ elegant black bra. A sexy but chic detail that catches the eye. Stylish down to the accessories, Diane Kruger then adorned the neckline of her semi-transparent dress with an equally spectacular Piaget necklace.

Diane Kruger turns heads in a luscious semi sheer dress that

  • Even though the fashion world has been swearing by nude outfits for the past few months, this isn’t the easiest fashion trend to adopt. Without counting on Diane Kruger, who keeps giving us style lessons on how to wear the see-through clothes with elegance. Photo credit: Instagram @dianekruger
  • But if the actress always shone when playing the game of transparency, she shone more than ever in her most recent appearance in see-through mode. Credit: Gregory Pace/Shutterstock
  • This Saturday, June 24, Diane Kruger shared on her Instagram account several photos of her look for a Piaget party that took place the day before in the city of Florence, Italy. And the beautiful blonde is particularly stunning. Photo credit: Instagram @dianekruger
  • Diane Kruger looks just like a fairytale princess in her incredible black tulle dress with silver dots and a long cape for an even more magical result. Photo credit: Instagram @dianekruger
  • But if this sumptuous creation by Giambattista Valli leaves you speechless, that’s also thanks to its totally transparent satin bodice, which reveals the actress’ elegant black bra. Photo credit: Instagram @dianekruger
  • A sexy but chic detail that catches the eye. Stylish down to the accessories, Diane Kruger then adorned the neckline of her semi-transparent dress with an equally spectacular Piaget necklace. Photo credit: Instagram @dianekruger

Diane Kruger turns heads in a luscious semi-sheer dress that reveals her underwear – Grazia France Read More »

177000 Federal Officials Have Their Collective Agreements Ratified LesAffairescom

177,000 Federal Officials Have Their Collective Agreements Ratified – LesAffaires.com

177000 Federal Officials Have Their Collective Agreements Ratified LesAffairescom

Officials will receive pay rises and other improvements within the agreed timeframe, the Treasury Department said in a statement. (Photo: The Canadian Press)

OTTAWA — Ottawa has ratified the collective agreements of several thousand federal employees, the Treasury Department and the Canada Revenue Agency announced on Friday.

Around 177,000 employees will be affected by these agreements, which will be signed in the coming days.

On the Treasury Board side, agreements are being renewed with the Public Service Alliance of Canada (PSAC), the Canadian Association of Professional Employees (CAPE), Local 104 of the Canadian Union of Public Employees (CUPE) and the Professional Association of Foreign Service Officials (PAFSE).

These unions represent 138,000 civil servants working in administration, translation, technical services and business, and 911 operators.

Officials will receive pay rises and other improvements within the agreed timeframe, the Treasury Department said in a statement. The PSAC adds that the department has 180 days from signing to apply the new pay rates and pay the retrospective salary.

“I am very pleased that we were able to renew the collective agreements of 66% of all civil servants represented,” Treasury President Mona Fortier said in a press release.

In fact, out of 28 collective agreements, 10 have now been approved and 16 other units are in the negotiation process. In addition, there are two entities for which no agreement has been reached since the 2018 round of negotiations.

The Canada Revenue Agency (CRA) is renewing the agreement for the 39,000 employees of the Public Service Alliance of Canada – Union of Taxation Employees (PSAC-UTE).

It will be signed on Tuesday and covers the period from 2021 to 2025. Here, too, the provisions and remuneration apply retrospectively.

These federal civil servants and tax workers went on strike in April, making it one of the largest strikes in the country.

The main points of contention were salary and teleworking. When its members ratified the agreements in May and June, the PSAC believed it had made important progress on both counts.

It spoke of “cumulative increases totaling 12.6% over four years” for the years 2021 to 2024.

Regarding telecommuting — a key issue in both federal and provincial public services and many private companies — the PSAC felt it had received “the best protection in the country.”

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1687632994 There is a need for greater stability in public policy

“There is a need for greater stability in public policy and that there are not so many ups and downs in Latin America.”

Venezuelan economist Miguel Ángel Santos, dean of the School of Government and Public Transformation of the Tecnológico de Monterrey, on June 19, 2023 at the center's facilities.Venezuelan economist Miguel Ángel Santos, Dean of the School of Government and Public Transformation of the Tecnológico de Monterrey, at the Center’s facilities on June 19, 2023. Aggi Garduño

Miguel Ángel Santos (Valencia, Venezuela, 1970) seems at ease as he takes a seat in a meeting room at the Tecnológico de Monterrey (TEC) at one of its campuses in Mexico City. According to the ranking of the company Quacquarelli Symonds, the university is the fourth best in Latin America and has a top school. This is the film that Santos directed as of May. Six governors have graduated from the TEC’s School of Government and Public Transformation, and it is a hotbed for officials at all levels of government. Its former dean, Alejandro Poiré, was also interior minister.

After seven years as Associate Professor and Director of Applied Research at the Kennedy School’s Growth Lab initiative at Harvard University, Santos came to Mexico to internationalize the school and take it to a new level. “The goal is to be the best school for public politics in Spanish,” he told EL PAÍS in an interview, “that includes Spain.” His home before arriving in the Mexican capital was Barcelona, ​​​​​​where his family is still alive. There is an effortless confidence and calm in his tone that belies the magnitude of his ambition. He is more emphatic and emotional when speaking about his native Venezuela, a country he recently visited after being absent for six years and finding the economy in dire straits.

Santos talks about the ups and downs of Latin Americans. His vision is knowledge generation and agglomeration as an antidote to economies dependent on volatile commodities. “The fate of the region still depends to a large extent on the fate of natural resources, and as long as this is the case political unrest will follow,” says the scientist.

Questions. How do you feel when you arrive at the Tecnológico de Monterrey (TEC) and what are your plans?

Answer. I feel very good because it seems like a big challenge to me. What drew me to the TEC was the ambition of its rector and executive president, David Garza. They are people who want to do things well and to the fullest. When I first started thinking about the possibility of coming, one of the things that attracted me was the opportunity to create the best school here at TEC to learn public policy in Spanish. The best. If you ask anyone where the best place to find out about public policy is the Tecnológico de Monterrey. This includes Spain. This means that we are working on the internationalization of the school. We make efforts such as registering on the forums where the world’s major government schools meet to engage with them more. An attempt to internationalize our faculty. We already have a number of great teachers and now we have some vacancies. I would like to direct these vacancies to attract professors from other parts of Latin America who have done public policy in other countries and who can share these experiences with students. And the final step in this process is to have a student base that is also international, so that some can learn from the experiences of others. Part of the key learning that comes from the major government schools is sitting down with people who have faced these issues in another country and understanding how they were solved, or building a network of contacts to help to call them and ask how they solved such a problem in their country. .

Q Internationalization but with classes in Spanish, right?

R One hundred percent. We may bring a specific professor with some expertise to teach an elective in English and students may enroll voluntarily, but the goal is to be the best public policy school in Spanish. That this is the place par excellence, for its teachers, for its subjects and also because they are taught in Spanish.

Q Speaking of public politics, how do you see Mexico?

R Everything I say has to be justified by the fact that I’ve only been here since April 2nd. Some measures have been taken that make our task as a state school more difficult. For example, when I was at Harvard, a salary cap was imposed on employees in the Mexican public sector, where there were many students who had attended the Kennedy School. They immediately dropped out and we started getting their resumes. I have interacted from Harvard with officials from the Mexican Civil Service, the Treasury Department, and the Mexican Social Security Institute, and they were an exceptional elite of civil servants. I guess it still is because I haven’t had direct contact in a while, but this measure is definitely impacting students’ desire to be better trained to advance into positions in the public sector and also in importance and to gain compensation. This is a complicated element. Our Latin American countries are like that. What doesn’t happen is that they all rise or fall at the same time. Part of this internationalization measure that I have commented on is aimed precisely at isolating the school a little from the ups and downs that all our countries, including Mexico, can experience. If we manage to reach those who are interested in a better understanding of government and public policy in the rest of the world, I think our demand and the number of students interested in us will stabilize somewhat. Because something like this has happened on other occasions. Not only from the point of view of learning and teaching, but also from the point of view of stability, I think it is important that we have a diversified portfolio of students.

Q I’ve always wondered why Latin American countries are like this. Why so little continuity, why does so much change with every government?

R It’s a valid question and I don’t have an answer. I have my own impression having worked in the region for a long time. Most of our countries, including Chile for example, generate more than two thirds of their exports from primary products or natural resources. As a result, when natural resources are doing well, governments tend to be more euphoric than the commodity boom itself, spending more and creating imbalances because natural resource prices later fall, which in turn is cyclical. When natural resource prices are high, there is a lot of money to spend. But not only that: People want to give you credit, the banks want to give you credit because you have money and then you borrow too much. Poverty tends to decrease, consumer ability tends to improve. When natural resource prices fall, nobody wants to lend you money because that’s the way finance is and you’re forced to cut back on spending when you shouldn’t. This is leading firstly to phenomenal political discontent and secondly to a political shift towards someone having to deal with the imbalances created by the government that has just left. You choose the new to get out of this dissatisfaction as a way out. That’s what creates these fluctuations. That the fate of the region still depends in large part on the fate of natural resources, and as long as that is the case and natural resource prices are volatile, it will bring political volatility that makes us extraordinarily pro-cyclical.

Q I think that there is a desire, especially among the younger generations in Latin America, to move away from the extractive economic model of natural resources. I don’t know if we’re close or if we’re ready to switch to a model that isn’t as extractive.

R. It is because this was not given voluntarily, but through consistency and availability. All countries want to develop a knowledge base that will enable a range of diverse industries that are not dependent on natural resources. The question is how does this agglomeration come about? I think that with the energy transition, some countries will be forced to move a little faster. A lot of the work we’ve done in the growth lab is analyzing countries, states or cities, figuring out what they can do today, and figuring out what they could learn with the same production capabilities in a relatively short amount of time. . It’s a task that very few people have thought about, as its outcome is uncertain. If I tell you my state is lacking a bridge and you give me the resources, I will go and build the bridge. The uncertainty in this regard is not very great. You go there too, cut the tape and take a picture on the bridge. If I tell you that there is a lack, that the pooling of knowledge is very weak and that it is therefore not possible to produce products with higher added value that enable higher salaries, we would have to ask ourselves which industries could be here, where are the players in these industries and what they would need to come. The results of this process are highly uncertain. That’s why it’s legitimate for some politicians to think about whether that’s what they want or whether they’re concentrating on something that can have a more direct impact. I think that’s why nobody wants to look at it when it’s doing well, because you’re doing well and you have a lot of money to spend. And if something goes wrong, you have many other priorities. What we may need is some more stability in public policy and that there are not so many ups and downs in implementation because what I have just described takes time to mature.

Q In Mexico, the relocation of North American companies from Asia to countries allied with the USA, so-called nearshoring, is in vogue. What do you think of this trend?

R The key question that should be asked about nearshoring is: what is the productive ecosystem of these industries that have the potential to relocate, and in which parts of Mexico is this productive ecosystem located? The risk that the answer lies in northern Mexico is very high since that is where the great concentrations of knowledge are to be found. One thing that worries me is that if that is the case and nearshoring moves to where the productive ecosystem is, the income gap between the North and the South will spontaneously widen. If certain means of production are plentiful in southern Mexico, and some of these industries might eventually settle there, they will not do so spontaneously. They don’t know the place, there are no other industries there, the productive ecosystem doesn’t exist. These problems are usually not solved by the market. There has to be someone actively thinking about what kind of business models can be drawn to southern Mexico because there are many things there that are not found elsewhere. Cheap labor is one of them, for example. And in what kind of business model can they be brought to other regions of Mexico so that this is planned and thought through in a coordinated manner?

Q This should be done by governments.

R Exactly, because the country is too big for this to be done from the center in a planned manner. Many people speak of the need for public-private coordination. I have also learned that public coordination is sometimes what matters most, as different public administrations usually act in an uncoordinated manner. Either because they pursue different political goals, because they belong to different parties or because they have different ideologies. But what we are talking about definitely requires coordinated action from different levels of public administration.

Q Let’s turn to the subject of Venezuela. The economy is said to be doing better since the liberalization of dollarization and the easing of some policies. Do you agree with this analysis?

R I recently had the opportunity to return to Venezuela after six years and tried to understand this phenomenon. It is important to note first that if we call Venezuela’s economy 100 in 2012, it has reached 25 in 2021. That means the Venezuelan economy, measured by per capita income, lost three quarters in eight years between 2013 and 2021, the largest economic meltdown in history since World War II without a civil war. In fact, a kind of recovery has taken place. The government has allowed the dollar to circulate freely, which does not mean that the economy has been dollarized. Public employees receive their salaries in local currency, but the dollar circulates elsewhere. This has led to an increase in inequality, which we cannot include in the statistics because the government stopped household surveys a long time ago. What I can tell you is that the recovery that has given the Venezuelan economy could have boosted it from 25 to 30. Today the economy has definitely grown in the last two years, I think that’s an undeniable fact. In Venezuela I have visited several popular circuits and people’s opinion is that their situation has definitely improved compared to last year, but it is still an extremely precarious situation. To understand Venezuela, you have to detach yourself from the oneliners, from those who give you only one message. It’s a very complex country.

Q Could it be that the recovery is the start of more sustainable growth?

R My impression is that the recovery would not last very long as the change is de facto and not de jure. What does that mean? That all of the laws that this government passed between 2000 and 2003 that effectively dismantled the market economy are still in effect. The law of maximum profit, maximum prices, price controls and exchange controls are still in effect. The kind of investments Venezuela needs to restore its quality of life, to restore three-quarters of the economy it has lost in eight years, are not reaching a de facto country but a de jure country. He comes to a country where there is a transparent legal framework, where there is a lack of trust in the institutions, and that is far from the case in Venezuela.

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1687632867 A completely crazy evening for Olivier Maxence Prosper

A completely crazy evening for Olivier-Maxence Prosper

Quebecois Olivier-Maxence Prosper felt he would be selected in the first round.

Two days before the NBA draft, his agent left a call saying he’d been invited to the “Green Room,” a secluded area in front of the stage where the best hopes meet with their families. For him, this was already a good sign that his vision would soon become a reality.

• Also read: NBA: A Quebecer is drafted (and then traded) in the 1st round.

• Also read: NBA Draft: Check out the Raptors’ colorful first pick

The dream came true when he heard his name from the Sacramento Kings in #24. However, the Kings, along with Richaun Holmes, relinquished that pick to the Dallas Mavericks.

Barely recovering from his emotions, Prosper told the Toronto Star on Friday that he had been in good contact with the Texas organization and that they had shown an interest in him.

“It’s great to be a maverick. I had a very nice first impression when I trained with them for the first time. I felt good and felt at home,” he said.

He is now convinced that he can still improve and reach the greatest heights.

“The player you have now is not the player you will have in five or six years,” the former Marquette University Golden Eagles retorted.

The 20-year-old athlete will also have a chance to play alongside star Mavericks player Luka Doncic.

Basketball in Quebec is booming

In a sign that Quebec basketball is doing well, Prosper became the second Quebecer drafted in the first round by a team from the Silver Circuit. The Indiana Pacers had their sights set on Bennedict Mathurin in sixth place at the 2022 auction.

Montreal Mayor Valérie Plante immediately congratulated the Mavericks’ newest member, noting via her Twitter account that “Montreal once again proves it’s a basketball city.”

We tend to give him a reason as the number of Montrealers playing in the NBA keeps growing. In addition to Prosper, here are the four other athletes from Belle Province who will progress to the Silver Circuit in 2023-2024.

Bennedict Mathurin

A completely crazy evening for Olivier-Maxence Prosper

Getty Images via AFP

Mathurin establishes himself as a star player in the NBA. The guard played 78 games for the Indiana Pacers, averaging 16.7 points and 4.1 rebounds per game. He was also named to the Rookie All-Star Team for the 2022-2023 season. The Montreal-born North player last year became the first Quebecer to be selected by an NBA team.

Luguentz there

A completely crazy evening for Olivier-Maxence Prosper

Getty Images via AFP

There, he was eliminated from all 30 teams in the 2019 draft and signed a two-way contract with the Oklahoma City Thunder. The Montreal native made his big league debut in 2019–20. He’s been a key player ever since, forming an explosive duo with fellow Canadian Shai Gilgeous-Alexander. The Thunder gave him their full confidence last year by offering him a lucrative five-year deal worth $87.5 million.

Chris Butcher

A completely crazy evening for Olivier-Maxence Prosper

Getty Images via AFP

After playing just one game for the Golden State Warriors in 2017-2018, Chris Boucher joined the ranks of the Toronto Raptors. The 30-year-old athlete was also never drafted and will be in his sixth season for the Queen City team. In 2022, Boucher signed a three-year contract with the Raptors for a total of $35.25 million.

Khem Birsh

A completely crazy evening for Olivier-Maxence Prosper

Archive photo, Martin Chevalier

Khem Birch completed his baptism of fire with the Orlando Magic in 2017 on the world’s largest basketball circuit. The Montreal native then played for three seasons with the Raptors before moving to the San Antonio Spurs.

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