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G7 concerns over New Hong Kong Leader

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There are widespread concerns about Hong Kong’s new leader-to-be, John Lee

The G7 has expressed its concerns about the legitimacy of the selection process and what it will mean for the people of Hong Kong. 

“The current nomination process and resulting appointment are a stark departure from the aim of universal suffrage and further erode the ability of Hong Kongers to be legitimately represented. We are deeply concerned about this steady erosion of political and civil rights and Hong Kong’s autonomy.”

Activist in exile, Francis Hui says that there is no system in place that gives people of Hong Kong a chance to participate in democracy.

“We have never actually had true democracy to elect our own leader. There has never been a system developed for our people to vote” Hui says.

“John Lee didn’t even have to please anyone in Hong Kong, because those are not the people who are going to vote for him. It’s Beijing and its supporters.”

Naming it a ‘puppet show’, Human Rights Watch says the so-called election has been an expensive one-man show. 

“The Hong Kong government has budgeted HK$228 million (US$29 million) for this one-man “election.” There are “election” posters; there is even an “election” “forum”—featuring only Lee— without a live audience.”

Concerns over rights and freedoms

The current National Security Law “dismantled the city’s freedoms” according to Human Rights Watch.

“It has decapitated Hong Kong’s pro-democracy movement, arrested hundreds of protesters and others for exercising their freedom of speech, shut down outspoken media, civil society groups, and businesses, set up a hotline to encourage people to inform on each other, and otherwise create a climate of fear.”

Though the international community continues to show concern, Hui says it’s time to do more than condemn Beijing.

“It’s really time for us to go further beyond just condemnation and to do something to contain the authoritarian practice of the CCP.”

Lee has been outspoken in supporting the abuse against the Uyghrys in Xinjiang and is well-known for his hardline approach to freedom of speech.

Bigger challenges

Hong Kong is a financial hub attempting to relaunch itself after several years of political upheaval. 

However, many people are now fleeing the country, dissatisfied with the administration.

“They really persist on their way to have zero cases in the city, which makes the international community, especially business people worry about the future of Hong Kong to continue to be the international financial hub.” says Hui.

“Continuously we’ll see more people being involved in this migration wave because of the political situation in Hong Kong.” 

Future of democracy in Hong Kong

Hui says it’s difficult to know whether democracy could be restored.

“What we can do is to continue to spread words and to raise awareness and to push for any action by foreign countries.”

“I believe people on the ground will continue to use their strength and their courage to continue to fight for freedom and to stand for our values.”

Katerina Kostakos contributed to this article.

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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Trump and Biden agree to a double debate showdown

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Former President Donald Trump and current President Joe Biden have agreed to participate in two debates in June and September.

On this episode of Ticker Hot Shots – Former President Donald Trump and current President Joe Biden agree to a double debate, Trump backs AUKUS, MacDonalds creates a price friendly meal and Prince Harry faces the financial music. #featured #trending #hotshots

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