Daily Archives: March 26, 2025

(Church Times) We all need to Wake up to the brutal reality of trafficking

Human trafficking continues to expand and evolve, often hiding in plain sight. This harsh reality is laid bare in the UNODC’s (United Nations Office of Drugs and Crime’s) Global Report on Trafficking in Persons 2024, published at the end of last year. Reports such as this should wake us up to the brutal realities faced by too many and lead us to ask what can be done to stop this crime.

The report says that there was a 25-per-cent increase in detected trafficking victims globally in 2022, surpassing pre-pandemic levels in 2019. Alarmingly, this includes a 31-per-cent rise in child victims. At International Justice Mission (IJM), a global NGO working to combat trafficking, we witness these harsh realities daily. These are not just statistics, but individuals: sons, daughters, mothers, and fathers who deserve to live in freedom and safety.

The report identifies how climate change, conflict, and displacement are exacerbating trafficking risks. Loss of livelihoods, safety, shelter, and financial security leave vulnerable communities exposed to exploitation. Traffickers prey on those most at risk, taking advantage of crises to further their profits.

A significant shift in trafficking patterns is also evident. For the first time, victims of forced labour now outnumber those trafficked for sexual exploitation — which remains a significant issue, particularly for women and girls, who account for 61 per cent of detected victims.

Read it all.

Posted in Anthropology, Ethics / Moral Theology, Foreign Relations, Globalization, Law & Legal Issues, Sexuality, Theology, Violence, Women

(WSJ) Corporate America’s Euphoria Over Trump’s ‘Golden Age’ Is Giving Way to Distress

Rapturous applause and a sea of phones in the air greeted President Trump as he walked on stage and declared, “The golden age of America has officially begun.”

He was barely a month into office when the Saudi-backed investor conference in Miami captured the optimism. “The Nasdaq is up nearly 10% in just a few months,” Trump said, ticking through a list of economic indicators. “The Dow Jones Industrial Average is up 2,200 points.” On the same day, Feb. 19, the S&P 500 hit an all-time high.

But as Trump unleashed an on-one-day, off-the-next tariff fight with America’s largest trading partners, those gains unraveled. In just a few weeks, the S&P lost $4 trillion in value driven by his whipsaw trade policy, receding optimism about an artificial-intelligence boom and souring consumer sentiment caused by threats of higher prices and weaker growth. A measure of consumer sentiment fell in March for the fourth straight month to the lowest level since January 2021, the Conference Board, a business-research group, said Tuesday.

Markets in the past week have recovered some losses, but Trump is preparing his next shock: an April 2 “liberation day” suite of reciprocal tariffs he said will be applied on any trading partner that charges tariffs or imposes other trade barriers on U.S. products.

Read it all.

Posted in * Economics, Politics, Corporations/Corporate Life, Economy, Politics in General, President Donald Trump, Psychology

(Economist) Chinese hacking is becoming bigger, better and stealthier

Over the past decade China’s hacking program has grown rapidly, to the point that in 2023 Christopher Wray, then FBI director, noted it was larger than that of every other major nation combined. China’s growing heft and sophistication has yielded success in three main areas.

The first is political espionage, linked primarily to the Ministry of State Security (mss), China’s foreign-intelligence service. Last year it emerged that one group of Chinese hackers, dubbed Salt Typhoon, had breached at least nine American phone companies, giving them access to the calls and messages of important officials. Ciaran Martin, who led Britain’s cyber-defense agency from 2016 to 2020, compares it to the revelations in 2013 by Edward Snowden, a government contractor, that American spy agencies were conducting cyber-espionage on a huge scale. China was “gaining vast access to the nation’s communications via a strategic spying operation of breathtaking audacity,” he says.

A second is in areas of little espionage value: hacking that lays the groundwork for sabotage in moments of crisis or war. These efforts are led by the People’s Liberation Army (PLA), China’s armed forces. In 2023 it became apparent that a PLA-linked hacking group known as Volt Typhoon had, over several years, burrowed into an extraordinary range of American critical infrastructure, from ports to factories to water-treatment plants, across the continental United States and in strategic American territories such as Guam.

All of that builds on a third type of hacking: the industrial-scale theft of intellectual property. In 2013 Mandiant, a cyber-threat intelligence firm, which is now part of Google, made waves when it exposed “apt1”, the label for a group of hackers linked to the PLA. apt1 was not focused on stealing political secrets or turning off power grids but on stealing blueprints, manufacturing processes and business plans from American firms. A year later, America’s government took the then unprecedented step of indicting five PLA hackers for this activity. Keith Alexander, a former head of the National Security Agency (NSA), America’s signals-intelligence service, described this as “the greatest transfer of wealth in history”.

Read it all.

Posted in America/U.S.A., China, Corporations/Corporate Life, Economy, Foreign Relations, Science & Technology

(FT) Moody’s warns on deteriorating outlook for US public finances

Credit rating group Moody’s has warned on the US fiscal outlook, saying President Donald Trump’s trade tariffs could hamper the country’s ability to cope with a growing debt pile and higher interest rates.

The rating agency said on Tuesday that America’s “fiscal strength is on course for a continued multiyear decline”, having already “deteriorated further” since it assigned a negative outlook to America’s top-notch triple A credit rating in November 2023.

While Moody’s highlighted the “extraordinary” economic resilience of the US and the role of the dollar and the Treasury market as backbones of the global financial system, its analysts also warned on Tuesday that the policies of the second Trump administration — including sweeping tariffs and plans for tax cuts — could do more harm than good for government revenues.

“The potential negative credit impact of sustained high tariffs, unfunded tax cuts and significant tail risks to the economy have diminished prospects that these formidable strengths will continue to offset widening fiscal deficits and declining debt affordability,” Moody’s said.

Read it all.

Posted in * Economics, Politics, America/U.S.A., Budget, Economy, President Donald Trump, The U.S. Government

A Prayer for the Feast Day of Richard Allen

Loving God, who hast made us all thy children by adoption in Jesus Christ: May we, following the example of thy servant Richard Allen, proclaim liberty to all who are enslaved and captive in this world; through Jesus Christ, Savior of all, who with thee and the Holy Spirit liveth and reigneth, one God, for ever and ever. Amen.

Posted in Church History, Spirituality/Prayer

A prayer for the day from Joseph Hall

O Thou who hast prepared a place for my soul, prepare my soul for that place.  Prepare it with holiness; prepare it with desire; and even while it sojourneth upon earth, let it dwell in heaven with thee, beholding the beauty of thy countenance and the glory of thy saints, now and for evermore.

Posted in Lent, Spirituality/Prayer

From the Morning Bible Readings

Oh, how I love thy law!
    It is my meditation all the day.
 Thy commandment makes me wiser than my enemies,
    for it is ever with me.
 I have more understanding than all my teachers,
    for thy testimonies are my meditation. 

I understand more than the aged,
    for I keep thy precepts.
I hold back my feet from every evil way,
    in order to keep thy word.

Posted in Theology: Scripture