Reasons behind deaths remain a mystery



SHENZHEN // The news of a second pay rise, this one of 70 per cent, will be welcome at Foxconn's enormous facility in Longhua, where about 300,000 of the company's 420,000 employees in Shenzhen work. But the reasons behind the apparent suicides of 10 young people this year at the plant remain a mystery. This plant, which is like a small city covering 3 square km, makes Apple's iPads and iPhones, and laptop computers for Dell and Hewlett-Packard.

There is a strong chance part of the mobile phone in your pocket or the computer on your desk came from Longhua. Plastic safety fences now line the roofs of the factory buildings at the plant, in an attempt to stop suicides. Five people fell to their deaths last month, and three other workers survived the fall, according to Foxconn's Taiwan-based parent company, Hon Hai Precision. The crisis has generated a large amount of publicity in China and prompted questions about the human cost of cheap production and rapid economic growth.

"I don't understand why people are doing this," said one worker from Guangxi province, aged 18. "If they are under great pressure they should quit, not kill themselves. Work pressure is always like this." All of the workers who had apparently committed suicide were aged between 18 and 24. Some workers complained about the harsh working environment, and that the only way to improve on their basic wage of about 1,000 yuan (Dh537) a month was to put in long overtime hours.

One worker said the working hours were too long. "Twelve hours a day and we're not allowed to talk, which is boring and not healthy," he complained. Others agree that the kind of work people have to do at Foxconn - repetitive piecework with no time for a break and no talking allowed - leaves the staff depressed, even suicidal. The workers' rights group China Labour Watch said: "Many of these deaths have been linked to the horrible conditions at Foxconn facilities, where employees are expected to work for 10 hours per day."

But others have said the deaths were the result of an "immature mentality" among those born between 1980 and 1999 - a generation thought by many Chinese to be spoilt. There is also the cluster theory - that suicide can be contagious among young people. But this does not explain why the series of suicides would start there and not at other big manufacturing plants. The conditions at Foxconn do not appear any worse than at many other factories in the Pearl River delta, the driver of China's economic boom.

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Name: Mamo 

 Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua

 Based: Dubai, UAE

 Number of employees: 28

 Sector: Financial services

 Investment: $9.5m

 Funding stage: Pre-Series A Investors: Global Ventures, GFC, 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and prominent Silicon Valley investors. 

 
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TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

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Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

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Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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Based: Kuwait with offices in other GCC countries

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

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Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

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Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

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CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

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