DUBLIN — Restrictions imposed to slow the coronavirus pandemic have “compounded” what the Council of Europe describes in a new report as “democratic backsliding” across the continent. According to Secretary General Marija Pejcinovic Buric, even “legitimate actions” by governments to deal with the virus have curtailed liberties “in ways that would be unacceptable in normal times.” “The danger is that our democratic culture will not fully recover,” Pejcinovic Buric warned. The council’s 47 members, which include some of the countries hardest hit by the pandemic, have veered in and out of lockdowns of varying duration and severity since March 2020.
NUSA DUA — Chinese billionaire businessman Jack Ma slammed Western economies as over-regulated during a frank exchange with World Bank chief Jim Yong Kim at a conference in Bali. “In Europe they don’t like me, in America they don’t like me,” Ma said, drawing laughter from an audience at the International Monetary Fund/World Bank annual meeting that included government representatives from around the world. “In Europe a lot of people talk about regulations, they love to discuss about the worries, asking what ya gonna do. In America they have their system,” said Ma, who will step down as chairman of Alibaba Group Holding, the Chinese internet giant he founded, in September next year