<ul><li>India’s External Affairs Ministry has proposed in its draft <keyword id="7297491" type="UNKNOWN" weightage="20" keywordseo="emigration-bill-2019">Emigration Bill 2019</keyword> new rules for mandatory registration. </li><li>The bill proposes Indian nationals planning overseas education or employment will have to register with the government before moving out. </li><li>Last year, the government made a similar announcement to register with the External Affairs Ministry before taking up a job overseas.</li></ul>Indian nationals planning to go abroad for studies or work may now need to register with the government before departing to other countries. The Indian government has <a href="https://timesofindia.indiatimes.com/india/going-abroad-for-studies-you-mayve-to-register-with-govt/articleshow/67859644.cms?from=mdr">proposed</a> a mandatory registration process as part of the draft emigration bill aimed at strengthening its ‘Emigration management framework.’ The process, which is likely to be digital, is reportedly aimed at providing assistance to the citizens abroad in times of need. India currently has a mandatory registration requirement for Indian nationals seeking to work in 18 countries including the UAE, Saudi Arabia, and Afghanistan. The draft bill also proposes to <a href="https://www.dailypioneer.com/2019/india/govt-proposes-new-emigration-bill-2019.html">set up</a> an ‘Emigration Management Authority (EMA)’ for overall welfare and protection of its emigrants. It will also set up two bureaus — Bureau of Emigration Policy and the Bureau of Administration for handling emigration related issues and daily operations. It will also include migrant resource centres, legal assistance and help desks to facilitate the Indian workforce and students in other countries. Last year, the Indian government made a similar announcement for Indian citizens to register with the External Affairs Ministry before taking up a <a href="https://www.thehindu.com/news/national/e-registration-must-for-jobs-in-18-countries/article25560355.ece">job overseas</a>. The rule was enforced on 1 January 2019 and is applicable for 18 countries — Thailand, UAE, Afghanistan, Bahrain, Indonesia, Iraq, Jordan, Kuwait, Libya, Malaysia, Oman, Qatar, Saudi Arabia, Sudan, South Sudan, Syria, Yemen and Lebanon. However, this also includes the citizens with “non-emigration Check Required (non-ECR)” status. According to the Reserve Bank of India, the number of Indian students preferring <keyword id="1111686" type="PERSON" weightage="20" keywordseo="Education-abroad">education abroad</keyword> has gone <a href="https://www.indiatoday.in/education-today/study-abroad/story/trends-overseas-education-industry-in-2019-divd-1431292-2019-01-15">up by 44%</a> with most students preferring US, UK, Australia and Canada for higher education in 2019. See also: <a href="https://www.businessinsider.in/india-will-soon-have-chip-based-e-passport/articleshow/67645016.cms">India will soon introduce chip-based e-passport and simplified visa norms: PM Modi</a> <a href="https://www.businessinsider.in/more-indians-have-left-the-country-as-its-economy-has-grown-report/articleshow/66732249.cms">More Indians have left the country as its economy has grown: Report</a> <a href="https://www.businessinsider.in/aadhaar-valid-for-indian-travellers-visiting-nepal-and-bhutan/articleshow/67621056.cms">India okays Aadhaar as a valid travel document for Nepal and Bhutan — but only for certain age groups</a>

Indians planning to study abroad may have to register with the government

<ul class="summary-list"><li><a href="https://www.businessinsider.com/hong-kong-protests-china-law-uk-2020-11">Hong Kong residents are fleeing to the United Kingdom</a> after <keyword id="1334" type="COUNTRY" weightage="60" keywordseo="China">China</keyword>'s crackdown on the city.</li><li>The exodus could cause <keyword id="24349" type="COMPANY" weightage="60" keywordseo="Hong-Kong">Hong Kong</keyword>'s notoriously high <a href="https://www.scmp.com/business/article/3130301/number-vacant-homes-hong-kong-may-surge-18-year-high-families-head-uk">rents to fall 10%</a> in 2021, per a new report.</li><li>The city could also have the highest number of vacant homes that it's seen in 18 years.</li></ul>For years, Hong Kong has been notorious for its astronomical real-estate prices. In 2020, it was named the <a href="https://www.businessinsider.com/most-expensive-cities-to-live-in-2020-1">world's priciest housing market</a> for the 10th year in a row.But 2021 could be a year of major change for the city's real-estate market. Hong Kong residents have been <a href="https://www.businessinsider.com/uk-granting-five-passports-a-minute-hong-kong-residents-2020-12">flocking to the United Kingdom</a> since <a href="https://www.insider.com/china-national-security-laws-hong-kong-article-23-explainer-2020-5">China passed a controversial new national security law</a> last summer. In January, <a href="https://www.businessinsider.com/bno-visa-for-hong-kong-residents-launched-by-uk-lawmakers-2021-1">a new UK visa scheme</a> made it even easier for Hong Kongers to move there. The British government said it expects <a href="https://www.reuters.com/article/us-hongkong-security-britain-passports-idUSKBN2AI0YV">more than 300,000 Hong Kongers</a> to move to the <keyword id="6354868" type="COUNTRY" weightage="60" keywordseo="UK">UK</keyword> in the next five years under the new scheme.In their wake, Hong Kong's infamously high <a href="https://www.scmp.com/business/article/3130301/number-vacant-homes-hong-kong-may-surge-18-year-high-families-head-uk">rents could drop 10%</a> and vacancy rates could hit an 18-year high, bringing a major shake-up to Hong Kong's real-estate market, according to the South China Morning Post, who cited a new report from Bloomberg Intelligence. <h2>An exodus from one of the world's priciest cities</h2>Hong Kong's high cost of living and housing inequality are well documented. While the wealthy drop <a href="https://www.businessinsider.com/most-expensive-home-hong-kong-mansion-photos-2018-9">hundreds of millions on mansions</a> and <a href="https://www.businessinsider.com/hong-kong-housing-disparity-luxury-development-sprawling-villa-2021-3">build "Versailles-like" villas</a>, many residents can only afford to <a href="https://www.businessinsider.com/hong-kong-coffin-homes-during-coronavirus-outbreak-photos-2020-2">live in tiny "coffin homes."</a>Even the COVID-19 pandemic and <a href="https://www.insider.com/what-is-going-on-in-hong-kong-china-protests-nba-apple">months of social unrest</a> didn't make have too much of an impact on Hong Kong's prices in 2020. <a href="https://www.bloomberg.com/news/articles/2020-10-05/covid-worsens-crisis-in-world-s-most-unaffordable-housing-market?sref=BLKWHazc">Rents stayed high</a> last year and <a href="https://www.reuters.com/article/hongkong-property/despite-politics-and-coronavirus-hong-kongs-enduring-love-affair-with-real-estate-idUKL4N2H51AV?edition-redirect=uk">home prices dropped only 4%</a> between May 2019 and October 2020, according to Reuters.<div type="image" title="'Vibrant Hong Kong' by @leemumford8 (UK)" height="1394" width="1859" msid="82175797" hostid="261"></div>But 2021 could be a different story. After <a href="https://www.insider.com/china-national-security-laws-hong-kong-article-23-explainer-2020-5">China passed a national security law last year</a> that threatened life imprisonment for pro-democracy protesters, the UK saw <a href="https://www.businessinsider.com/uk-granting-five-passports-a-minute-hong-kong-residents-2020-12">record numbers of Hong Kongers</a> applying for British National (Overseas) passports, known as BN(O)s, which allow them to live in the UK but don't automatically grant them the right to work.The British government said it issued <a href="https://www.businessinsider.com/uk-granting-five-passports-a-minute-hong-kong-residents-2020-12">about 200,000 such passports</a> to Hong Kongers in the first 10 months of the year at a rate of about five passports every minute. In January, the UK made it it even easier for Hong Kongers to live and work there, launching a new visa scheme for BN(O) holders to live and work in Britain and apply for citizenship after six years, according to <a href="https://www.gov.uk/government/news/hong-kong-bno-visa-uk-government-to-honour-historic-commitment">a government statement</a>. They can apply for the visas online from their homes in Hong Kong.In total, roughly <a href="https://www.legislation.gov.uk/ukia/2020/70/pdfs/ukia_20200070_en.pdf">three million Hong Kong residents</a> are eligible to apply for BN(Os) and move to the UK, according to a British government study.China denounced the UK government's recent move and said it would <a href="https://www.businessinsider.com/bno-visa-for-hong-kong-residents-launched-by-uk-lawmakers-2021-1">no longer recognize BN(O)s</a> as valid travel documents.<div type="image" title="london rutland gate mansion" height="1665" width="2221" msid="82175799" hostid="261"></div><h2>An <keyword id="57491" type="PERSON" weightage="60" keywordseo="Emigration">emigration</keyword> boom</h2>The influx of Hong Kongers to the UK over the past year has resulted in a <a href="https://www.businessinsider.com/hong-kong-rich-enquire-london-property-china-national-security-law-2020-7">surge in demand for luxury real estate in London</a>, local agents told Insider's Bill Bostock last summer.In 2020, London homes that sold for 10 million pounds (about $14 million) or higher were "dominated" by buyers from Hong Kong and China, luxury real-estate agency Beauchamp Estates said in a January report provided to Insider.Hong Kong, meanwhile, could have 66,683 homes sitting empty in 2021, up from 52,370 last year, according to the Bloomberg report."This is the <a href="https://asia.nikkei.com/Business/Markets/Property/Hong-Kong-exodus-tilts-real-estate-agencies-to-emigration-services">biggest emigration boom in Hong Kong's history</a>," Andrew Lo, a Hong Hong emigration consultant, told Nikkei Asia last month. "People from different levels of the society, aged from 18 to 80, are all talking about emigration."

Empty apartments and plummeting rents in the world's most expensive housing market: How the exodus out of Hong Kong could change its real-estate scene in 2021

<ul class="summary-list"><li><keyword id="24349" type="COMPANY" weightage="60" keywordseo="Hong-Kong">Hong Kong</keyword> real-estate magnate <keyword id="9660743" type="UNKNOWN" weightage="60" keywordseo="ivan-ko">Ivan Ko</keyword> is proposing a new city be built for Hong Kong emigrants looking to flee <a href="https://www.businessinsider.com/beijing-new-national-security-laws-hong-kong-protests-2020-5">Beijing's crackdown</a>.</li><li>The city, called <keyword id="9660744" type="UNKNOWN" weightage="60" keywordseo="nextpolis">Nextpolis</keyword>, would host 50,000 Hong Kong emigrants on a site located between Dublin and Belfast.</li><li>Irish officials told <a href="https://www.theguardian.com/world/2020/jul/28/hong-kong-property-tycoon-ivan-ko-pitches-new-city-idea-to-ireland">The Guardian</a> that they had spoken with Ko, but seemingly dismissed the idea.</li><li>Hong Kong could see a mass exodus following nearly a year of unrest and <a href="https://www.businessinsider.com/china-security-law-hong-kong-gone-democracy-trump-ambivalence-2020-7">a new national security law</a> that bans all types of dissent.</li></ul>Hong Kong residents fleeing their home amid China's crackdown might soon have a new place to settle — in the Irish countryside.Ivan Ko, the founder of charter city investment company Victoria Harbour Group, formulated a plan to build a new city modeled after Hong Kong to house emigrants near Dublin's airport. Ko's new city, which he told <a href="https://www.theguardian.com/world/2020/jul/28/hong-kong-property-tycoon-ivan-ko-pitches-new-city-idea-to-ireland">The Guardian</a><a></a> would be called Nextpolis, would house 50,000 former Hong Kong residents in a 50 square kilometer (31.07 square miles) site located between Dublin and Belfast, complete with Cantonese-speaking schools."We like <keyword id="6358817" type="LOCATION" weightage="60" keywordseo="ireland">Ireland</keyword>," Ko told <a href="https://www.theguardian.com/world/2020/jul/28/hong-kong-property-tycoon-ivan-ko-pitches-new-city-idea-to-ireland">The Guardian's Rory Carroll</a>. "Corporate taxes are very low. You have very strong manufacturing and biomedical companies. Major tech giants have European headquarters there. Overall we think Ireland is very good."Ko had <a href="https://www.thetimes.co.uk/article/hong-kong-security-law-officials-discussed-six-sites-for-autonomous-city-in-ireland-5566xs8jl">originally planned for a 500,000-person Nextpolis</a> that would be semi-autonomous like his native Hong Kong, but dropped that aspect of the plan after consulting with the Irish government starting in December 2019, per <a href="https://www.theguardian.com/world/2020/jul/28/hong-kong-property-tycoon-ivan-ko-pitches-new-city-idea-to-ireland">The Guardian</a>. A spokesperson for the Irish Department of foreign services told <a href="https://www.theguardian.com/world/2020/jul/28/hong-kong-property-tycoon-ivan-ko-pitches-new-city-idea-to-ireland">The Guardian</a> that Irish officials had had limited contact with Ko's team "to provide helpful and realistic guidance about Ireland."<h2>Hong Kong is grappling with an uncertain future</h2><div type="image" title="Hong Kong protests" height="683" width="911" msid="77230203" hostid="261"></div>Hong Kong has been gripped by unrest since mass protests broke out over an extradition bill in March 2019, and later morphed to oppose new national security laws that criminalize dissent, <a href="https://www.businessinsider.com/hong-kong-china-killed-democracy-movement-us-uk-inaction-2020-6">Business Insider</a> previously reported. City residents are expected to emigrate in large numbers as China continues to tighten its grip on the one-time British colony with little regard for <a href="https://www.businessinsider.com/hong-kong-china-killed-democracy-movement-us-uk-inaction-2020-6">condemnations from the west</a>.Both the UK and Australia have made special immigration provisions for Hong Kong residents looking to relocate, per <a href="https://www.foxnews.com/world/ireland-charter-city-hong-kong-china-national-security-law">Fox News</a>, and Nextpolis' proposed location would allow immigrants to live in Belfast and take advantage of the <a href="https://www.businessinsider.com/how-hong-kong-citizens-uk-visas-passports-live-work-britain-2020-7">UK's path to citizenship for select Hong Kongers</a>."We are in pursuit of freedom and democracy, which is a little bit similar to the pilgrims and the puritans who left Europe in pursuit of religious freedom," Ko said while describing the project on his podcast, per <a href="https://www.theguardian.com/world/2020/jul/28/hong-kong-property-tycoon-ivan-ko-pitches-new-city-idea-to-ireland">The Guardian</a>.

A Hong Kong real-estate tycoon wants to build a new city in Ireland for 50,000 emigrants fleeing China's crackdown

<ul class="summary-list"><li>A secret Israeli plan to resettle 60,000 <keyword id="6385649" type="UNKNOWN" weightage="60" keywordseo="palestinians">Palestinians</keyword> in South America has been discovered in a declassified state archive.</li><li>In 1969 <keyword id="6355882" type="UNKNOWN" weightage="60" keywordseo="israel">Israel</keyword> struck a deal with <keyword id="100686" type="COUNTRY" weightage="60" keywordseo="Paraguay">Paraguay</keyword>, 7,000 miles away, to accept Palestinians from Gaza who wanted to emigrate.</li><li>After the Six-Day War, when millions of Palestinians came under Israel's control, Israel has explored a series of outlandish plans to alter the demographic balance.</li><li>The plan was approved in the same year the Mossad decided to stop hunting Nazi fugitives and architects of the Holocaust, many of whom had found sanctuary in Paraguay.</li></ul>A secret Israeli plan to re-settle 60,000 Palestinians living in Gaza to Paraguay has been discovered in a state archive of government papers.Eran Mor-Cicurel, a senior reporter with KAN (IPBC) — Israeli Public Broadcasting Corporation — said he discovered the lost chapter of Israeli history in "a pile of old documents" while trawling through declassified cabinet minutes from 1969." The extent, the numbers and the methodology was quite amazing, through the eyes of someone who lives in the 21st century," he told Business Insider. <div type="image" title="israel palestine west bank map skitch" height="750" width="1000" msid="77833888" hostid="261"></div>In 1967, Israel captured Gaza, an enclave beside the Mediterranean on its southern border, from Egypt in the Six-Day War. It also occupied Egypt's Sinai peninsula, the Golan Heights that had been part of Syria, and the West Bank, controlled by Jordan.Today, Gaza is controlled by Hamas, which is designated a terrorist organization <a href="https://www.state.gov/foreign-terrorist-organizations/">by the US government</a>. The area is the constant conflict flashpoint between Israel and the Palestinians.<a href="https://www.jpost.com/breaking-news/idf-airstrikes-target-terrorist-sites-in-gaza-strip-report-640263" target="_blank" rel="noopener">In recent days, hostilities have reignited </a>as Palestinians launched multiple incendiary balloons and rockets across the border. Israel has retaliated with airstrikes.For Mor-Cicurel, in 1969, the Israeli government, led by Prime Minister Golda Meir, had an inkling of the conflicts that would follow. However, at the time, relations between Israel and Gazans could not have been more different than the enmity that exists today. "The Palestinian population (in Gaza) was very peaceful at the time. Israel was a welcome occupier. Israelis were going to Gaza and shopping, sitting on the beach, and talking about how people were friendly. Relations were basically very good at the beginning," he said.But the Paraguay transfer plan emerged because, "the Israel government identified the problem in advance," he said."After the '67 war, the Gazan economy was disconnected from the Egyptian economy. There was very high unemployment. In Golda Meir's view, it was a humanistic attempt to solve a difficult problem — it seemed reasonable."<h2>Palestinians to Paraguay</h2>What to do with the millions of Palestinian Arabs that came under the Jewish state's control after 1967 has been an intense debate in Israeli politics ever since. As recently as 2019, <a href="https://www.haaretz.com/israel-news/.premium-right-wing-resurrects-voluntary-transfer-of-palestinians-despite-50-years-of-fail-1.7735140">a senior government official said that Israel was willing to help Palestinians emigrate from Gaza</a>.One idea that never got off the ground, Mor-Cicurel said, was to establish agricultural settlements in northern Sinai for 50,000 Palestinians. But in reality, there was no local solution, so Israel's leaders, advised by its spy agency, Mossad, began to look further afield. "Paraguay was basically a dictatorship. You had a strongman there who you could reach an agreement with," said Mor-Cicurel. Paraguay was ruled by Alfredo Stroessner, who took power in a military coup in 1954 and ruled until his overthrow in 1989. The period was marked by sustained human rights abuses of opponents.The Mossad brokered a secret agreement with the Paraguayan regime.<a href="https://www.kan.org.il/Item/?itemId=75705&amp;fbclid=IwAR1JSxlK6l2aUIeNByxQ4VIKpVVly4oYhdLL-M0uAm-HTsFyDzaEw4-WIi4WIi4">According to the archived cabinet minutes</a>, the head of the Mossad, Major General Zvi Zamir, said: "The proposal in question is the consent of the Paraguayan government, through the Paraguayan Institute of Agriculture and Immigration, to absorb for a minimum period of four years — although it can continue longer if things develop — 60,000 Arab Muslim people, Who by definition are not communists. She is willing to absorb them into the country, When the Government of Israel fulfills certain conditions."The plan guaranteed Israel would cover the emigrants' travel expenses. It said they would be paid $100 each, plus $33 per person would go to the Paraguay government. On arrival, the Palestinians would receive residency rights, and citizenship after five years."According to the Israeli state papers, a down payment of $350,000 was made for the first 10,000 emigrants. The total bill for the 60,000 resettled Palestinians was estimated at $33 million."The idea was to seduce people to leave Gaza," said Mor-Circurel.To facilitate the movement of the Palestinians, Israel set up a travel agency in Gaza to entice people and provide them with the relevant documentation.<div type="image" title="Golda Meir. Israel's prime minister from 1969-1974" height="1414" width="1886" msid="77833891" hostid="261"></div><h2>Wishful thinking</h2>Through the human rights lens of 2020, the plan may appear shocking, said Mor-Circurel, but the Israeli leadership perspective in the late 1960s was formed from their<a href="https://en.wikipedia.org/wiki/Golda_Meir"> own historical experience</a>."Transferring populations from one place to another was common to these people. All of them were basically immigrants. Most of the policymakers came from other countries to the State of Israel," he said."In the eyes of today, the idea of transferring the population is quite strange. But 1968 was not so far away from the division of Pakistan and India and the transfer of populations. It wasn't considered human rights abuse."The secret Paraguay plan also mingles with the history of the Holocaust. Mor-Circurel points it formed as Israel wound down its hunt for fugitive Nazi war criminals.Paraguay was a safe haven for many notorious fugitives from Hitler's Third Reich. Josef Mengele, the so-called "the angel of death," who carried out horrific medical experiments on Jewish <a href="https://www.businessinsider.com/auschwitz-photos-nazi-camp-history-liberation-anniversary-2020-1" target="_blank" rel="noopener">prisoners at Auschwitz,</a> was gifted<a href="https://www.thejc.com/news/features/an-awkward-friendship-blossoms-between-jerusalem-and-asunci%C3%B3n-israel-paraguay-1.465281?highlight=Paraguay"> Paraguayan citizenship</a> under his real name in 1959.Mor-Circurel believes that Israel made a realpolitik decision that it was better to develop relations with South American countries than continue efforts to hunt down Nazis."The head of Mossad said it was too expensive to continue the Nazi-hunting operation and it should concentrate on security threats not 'ghosts from the past'," said Mor-Circurel.Only 30 Palestinians ever made the 7,000 thousand-mile journey before the project came to a shuddering halt.Two immigrants shot a young clerk at the Israeli Embassy in Asunción. <a href="https://twitter.com/porazdan/status/1257186895789993985">This has since been framed as the first act of Palestinian terrorism against Israel abroad.</a>Mor-Circurel says his research suggests that the motive was more likely they were disgruntled with life in their new South American home. "It was convenient to claim they were terrorists," he said.It created a scandal around the Paraguayan resettlement plan, and Stroessner, fearing the Arab world's wrath, aborted the project."This is an unusual story," Professor Colin Shindler of the University of London (SOAS), told Business Insider, by email"It was soon after the Six-Day War and there were no negotiations with the Arab states — a stalemate. It also coincided with the rise of Palestinian nationalism, Arafat and the PLO," he said."Perhaps they believed that exporting 60,000 Palestinians would help to mitigate the problem. However, 60,000 is such a small number in the context of the population of the West Bank and Gaza that it would have made no difference."It sounds more like a temporary flight of fancy than a thought through idea. More wishful thinking than confronting the political reality," he said.

An Israeli plan from 1969 to resettle 60,000 Gazans in Paraguay has been uncovered in a declassified state archive

<ul class="summary-list"><li><keyword id="24349" type="COMPANY" weightage="60" keywordseo="Hong-Kong">Hong Kong</keyword> banned the commemoration of the anniversary of the <a href="https://www.businessinsider.com/tiananmen-square-2015-6">1989 Tiananmen Square massacre</a>, but activists are planning to meet regardless.</li><li>"See you at Victoria Park tonight," Eddie Chu, a prominent anti-China lawmaker, <a href="https://www.facebook.com/chuhoidick/posts/3022209461178291">wrote on Facebook </a>on Thursday.</li><li>This could be the last time Hong Kongers are free to mark the date, as <keyword id="1334" type="COUNTRY" weightage="60" keywordseo="China">China</keyword> further weakens the city's autonomy.</li><li>On May 28, China <a href="https://www.businessinsider.com/china-hong-kong-national-security-law-how-it-could-work-2020-5">passed a new national security law</a> that could severely punish any sort of dissent. On Thursday, Hong Kong's Legislative Council <a href="https://www.businessinsider.com/hong-kong-passes-china-national-anthem-law-explainer-2020-6">criminalized the mocking of the Chinese national anthem</a>.</li><li>March organizer Lee Cheuk-yan said: "Next year will be even more dangerous. Next year they can use the national security act against the people of Hong Kong."</li></ul>Hong Kong banned residents from commemorating the <a href="https://www.businessinsider.com/tiananmen-square-2015-6">1989 Tiananmen Square massacre</a>, but protesters are standing their ground for what will likely be the last time.China <a href="https://www.businessinsider.com/china-hong-kong-national-security-law-how-it-could-work-2020-5">passed a new national security law on May 28</a> that all-but-ended the semi-autonomy of Hong Kong after 23 years of self-rule after 150 years as a British colony.Since the 1997 handover to China, the city has been operating under its own constitution, the Basic Law, which has permitted gatherings and protests.Every year on June 4, the city hosts massive protests against the killing of several hundred demonstrators in Beijing at Tiananmen Square in 1989. But now, anti-China displays like this look certain to be criminalized.<div type="image" title="FILE - In this June 5, 1989, file photo, a Chinese man stands alone to block a line of tanks heading east on Beijing's Changan Boulevard in Tiananmen Square. The man, calling for an end to the recent violence and bloodshed against pro-democracy demonstrators, was pulled away by bystanders, and the tanks continued on their way. (AP Photo/Jeff Widener, File)" height="1500" width="3000" msid="76195420" hostid="261"></div>Other reforms are already in motion.On Thursday evening local time, Hong Kong's Legislative Council <a href="https://www.businessinsider.com/hong-kong-passes-china-national-anthem-law-explainer-2020-6">passed the National Anthem Bill</a>, which criminalizes the disrespect of the Chinese anthem. Those convicted face a maximum three years in jail and a 50,000 Hong Kong dollar ($6,450) fine. The first line of the anthem — The March of the Volunteers — states "arise, ye who refuse to be slaves," and urges people to help China to prosper.<div type="image" title="A worker takes a photo after helping to display a banner reminding people against group gatherings in a barricaded area of Victoria Park in Hong Kong on June 4, 2020, after the annual vigil which traditionally takes place in the park to mark the 1989 Tiananmen Square crackdown was banned on public health grounds because of the COVID-19 coronavirus pandemic. (Photo by Anthony WALLACE / AFP) (Photo by ANTHONY WALLACE/AFP via Getty Images)" height="2407" width="4813" msid="76195424" hostid="261"></div>Hong Kong police banned the official Tiananmen Square anniversary march this year by extending its coronavirus restrictions on public gatherings to June 4.The city's outbreak has largely been contained, prompting critics to question the real reason behind the measure.But protesters attended vigils on Wednesday night and plan to mark the occasion on Thursday nonetheless.<blockquote class="twitter-tweet blockquote" data-lang="en" data-cards="" data-conversation="">—Daniel Victor (@bydanielvictor) <a href="https://twitter.com/mims/statuses/1268511314051129347?ref_src=twsrc%5Etfw">June 4, 2020</a></blockquote>"See you at Victoria Park tonight," Eddie Chu, a prominent anti-China lawmaker, <a href="https://www.facebook.com/chuhoidick/posts/3022209461178291">wrote on Facebook </a>on Thursday. Victoria Park is a large park in Hong Kong in which anti-China protesters light candles and march to commemorate the Tiananmen Square victims.During Thursday's national-anthem vote at the Legislative Council, Chu and another anti-China lawmaker, Ray Chan, threw pungent liquid in the chamber in protest, <a href="https://www.dw.com/en/hong-kong-parliament-votes-for-national-anthem-bill-despite-protests/a-53680277">according to Deutsche Welle</a>.<h2>'The last candlelight vigil'</h2>The Hong Kong Alliance in Support of Patriotic Democratic Movements of China has organized the march since 1990."It will be the last candlelight vigil before the national security act," chairman Lee Cheuk-yan said, <a href="https://www.nytimes.com/2020/06/04/world/asia/tiananmen-hong-kong-china.html">according to The New York Times.</a>"Next year will be even more dangerous. Next year they can use the national security act against the people of Hong Kong."<div type="image" title="HONG KONG, CHINA - JUNE 4: University students clean the &quot;Pillar of Shame&quot; statue, a memorial for those killed in the 1989 Tiananmen crackdown, at the University of Hong Kong on June 4, 2020 in Hong Kong, China. (Photo by Billy H.C. Kwok/Getty Images)" height="1250" width="2500" msid="76195431" hostid="261"></div>The group now fears for its future in light of the new law."Hong Kong Alliance may perhaps be banned from operating because of its long-term fight to end the one-party dictatorship," the group <a href="https://www.facebook.com/hka8964/posts/3296011273766614?__cft__[0]=AZXvMxRzJqnsxFUSHAcj6XsTwL4SbDr3n8WGK6QcwTFKs7iR2H8Zr-mfi0TwzgB9ULxHGGZ6SFyIQvl82chjQAEsbsP8fiTlrZ2OpZuB7EGrUunbjCNqnkAlXiA43ElCkj1UTAzH7snxaWZkPvyWKbt_EpDF8yPjDWPm-xsd3wCsXg&amp;__tn__=%2CO%2CP-RCP-R" target="_blank" rel="noopener">said in a statement</a> published on Sunday."It may also be characterized as a subversive organization. Our capital and property may also be frozen and confiscated. If the person in charge violates the National Security Law he or she can also be charged with the 'crime of subverting state power.'"On Wednesday night, the eve of the anniversary, some Hong Kongers lit candles in a nighttime vigil.And in light of the ban, protest organizers asked people to light candles in their homes at 8 p.m. local time on Thursday."If we are not allowed to light a candle at a rally, we will let the candles be lit across the city," Lee said.<div type="image" title="HONG KONG, CHINA - JUNE 3: Pro-democracy activists take part in a rally on the eve of Tiananmen Square Massacre candlelight vigil commemoration outside of the Lai Chi Kok Reception Centre on June 3, 2020 in Hong Kong, China. Participants commemorated the Tiananmen Square Massacre victims and showed support to the detained protesters inside the correctional facility. Police banned the annual commemorative candlelight vigil for the 1989 Tiananmen Square Massacre victims for the first time in 30 years due to the Covid 19 social distancing restriction. (Photo by Anthony Kwan/Getty Images)" height="2000" width="4000" msid="76195436" hostid="261"></div>Three thousand riot police have been deployed to patrol the streets on Thursday, <a href="https://www.scmp.com/news/hong-kong/politics/article/3087451/tiananmen-vigil-thousands-hong-kong-police-officers">the South China Morning Post reported.</a><h2>The national security bill explained</h2>The national security bill passed last month will see Hong Kong effectively lose many powers given to it as a Special Administrative Region of China.Since the 1997 handover from the British, Beijing has allowed Hong Kong to operate under a "one country, two systems" policy for many years. Neighboring city Macau, a former Portuguese colony, also had that system in place.That understanding looks to be coming to an end.Under the new law, China can <a href="https://www.businessinsider.com/china-hong-kong-national-security-law-how-it-could-work-2020-5">draft and propose national security laws</a>, impose its own police force in the city, suppress activists and protests, and lay down <a href="https://www.nytimes.com/2020/05/28/world/asia/china-hong-kong-crackdown.html">long jail sentences</a> for those in opposition.Even before the new law was enacted, China sought to stamp out the city's monthslong, pro-democracy demonstrations that began in June 2019.<div type="image" title="Xi Jinping" height="1343" width="2686" msid="76195444" hostid="261"></div>The protest was prompted by a law which would see China able to extradite suspected criminals from Hong Kong at will. The law was withdrawn in September 2019 following months of backlash.In late May 2020, President Xi Jinping told delegates at the national party conference <a href="https://www.businessinsider.com/china-military-prepare-for-combat-npc-hong-kong-taiwan-2020-5?r=US&amp;IR=TIR=T">that China was preparing for military action</a> and anticipated another backlash in Hong Kong.In the run-up to the national security vote, <a href="https://www.businessinsider.com/defiant-hong-kong-protesters-oppose-chinas-grab-for-control-2020-5?r=US&amp;IR=TIR=T">thousands of Hong Kongers had protested and clashed with police</a>, who deployed tear gas and pepper spray.<div type="image" title="People wearing protective face masks hold up their phones as they attend a candlelight vigil ahead of the 31st anniversary of the crackdown of pro-democracy protests at Beijing's Tiananmen Square in 1989, after police rejects a mass annual vigil on public health grounds, in Hong Kong, China June 3, 2020. REUTERS/Tyrone Siu" height="2539" width="5077" msid="76195450" hostid="261"></div>The UK — which ruled Hong Kong from 1841 until 1941, and then 1945 to 1997 — offered 3 million Hong Kong residents extended visas if they wished to emigrate.China <a href="https://www.businessinsider.com/boris-johnson-has-offered-full-british-visas-to-nearly-3-million-hong-kong-residents-2020-6">warned the UK</a> to "step back from the brink" over the move.

Hong Kongers were banned from marking 31 years since the Tiananmen Square massacre, but they're turning out anyway. It may be for the last time.

<ul class="summary-list"><li>Insider recently spoke with 12 Americans who moved out of the US because of President <keyword id="6354484" type="PERSON" weightage="60" keywordseo="Donald-Trump">Donald Trump</keyword>.</li><li>They range in age from 21 to 61, and cited a number of reasons for their moves abroad — from fears for LGBTQ rights to access to healthcare. </li><li>Some said they experienced racial aggression from Trump supporters. Two women of color recounted terrifying road-rage incidents.</li><li>They also discussed the difficulties and cost of moving abroad.</li><li>While many of the expats were heartened by Biden's win, most said they have no plans to return to the US anytime soon. </li></ul>Weeks before the 2016 election, Michelle Dallocchio was driving home when she had a frightening encounter with an apparent Donald Trump supporter.A few blocks from her Las Vegas home, the 39-year-old Iraq War veteran with Pacific Islander ancestry came across an SUV stalled in the middle of the road, so she drove around the vehicle.She said the driver proceeded to pull up beside her, roll down his window, call her a stupid b----, and tell her to go back to her own country. She is American.While the man wasn't wearing any Trump-branded clothing, and didn't have Trump paraphernalia on his car, Dallocchio said he mentioned "the wall" at one point during his tirade.After the encounter, Dallocchio said she had a talk with her husband, who is Italian, about moving abroad, telling him: "This is not the future I want.""I already gave up so much for this country. I want to leave," she told Insider in a recent interview.After the conversation, Dallocchio and her husband moved to Los Angeles for a job they hoped would lead to more international offers. In 2019, after about a year in LA, her husband secured a job in London, where the couple moved in March 2020.<div type="image" title="Michelle Dallochio.JPG" height="1499" width="1999" msid="79955061" hostid="261"></div>Dallocchio is one of a dozen people Insider recently interviewed who said they left the US because of Trump.The Americans, who ranged in age from 26 to 61, cited a number of reasons for their moves - from a belief that Trump had emboldened white supremacists, to fears for LGBTQ rights, to access to healthcare.<h2>American exodus</h2>The exact number of Americans who left the country after the 2016 election is unclear because the US doesn't formally track emigration. However, immigration figures published by other countries indicate an uptick of people leaving as Trump rose to power:<ul><li>Canada: More than 9,000 Americans applied for permanent residency in Canada in 2017, compared to 7,700 in 2016 and 6,800 in 2015, according to government data reported by <a href="https://www.ctvnews.ca/world/america-votes/i-m-not-comfortable-living-here-more-americans-did-actually-try-to-move-to-canada-since-trump-s-2016-election-1.5064819" target="_blank" rel="noopener">CTV News.</a></li><li>Ireland: There was a nearly 30% increase in Americans moving to Ireland after Trump won the 2016 election, per the country's <a href="https://www.cso.ie/en/releasesandpublications/er/pme/populationandmigrationestimatesapril2019/#:~:text=The%20number%20of%20immigrants%20to,Ireland%20in%202019%20of%2033%2C700." target="_blank" rel="noopener">Central Statistics Office</a>.</li><li>New Zealand: In February 2018, 6,204 people emigrated to New Zealand on work visas, compared to 4,402 in 2015, according to the <a href="https://mbienz.shinyapps.io/migration_data_explorer/#">country's business ministry</a>.</li></ul><h2>A threatening atmosphere</h2>While most of the expats we spoke to left the country for purely political reasons, a few cited disturbing interactions with Trump supporters in their decision to move.<div type="image" title="Devon Kitzo Creed" height="914" width="1219" msid="79955064" hostid="261"></div>Devon Kitzo-Creed, a Black woman, said she had experienced more racism under Trump's presidency, and that life in the US had become "unbearable." She and her husband moved to Ecuador this year.The 29-year-old doula told Insider she was returning from a job in Philadelphia early one morning in the summer of 2019, when a driver with a Trump flag on his car started tailgating her. She said the driver gave her the middle finger, and his passenger made a fist gesture out the window."We were going 60 mph on a residential street, but I was just so terrified and had to get away from him. I ended up running a red light so that I could get away from him," Kitzo-Creed said."The racism was a big reason for us leaving," she added.Similarly, Patricia Baker, 61, cited her "rabid" Trump-supporting neighbors in Florida as a reason she moved to Austria in May 2018.A couple who lived next door decked out their lawn with Trump signs during the 2016 election, and could often be heard raving about the president from their porch, Baker said.The husband was "not stable at all," Baker said. About two years before the election, she said, he crashed into a mailbox on their street. Baker also knew he had at least one firearm, because she heard him shoot an alligator once.<div type="image" title="Patricia Baker and husband Paul hiking in Austria in June 2020" height="2320" width="3088" msid="79955067" hostid="261"></div>Baker said these events made her feel "uncomfortable," adding: "I just felt like this was a person I didn't want to get on the wrong side of."Alice Englemore, 60, was living in Ireland when Trump was elected, and said she felt a profound change when she and her family returned to the US in 2017. "I was hearing people saying things that I wouldn't have heard before - sexist comments, racist comments - as if they were proud of saying them," Englemore said.She recalled one incident soon after she returned to the US, when she was filling up her car at a gas station in the Bay Area of California. She said a man made a "very sexist" comment - the exact words of which she doesn't remember - and then said: "Yeah, I'm a proud deplorable." Englemore and her husband started making plans to move to Vancouver for their retirement, but bumped up those plans during the COVID-19 outbreak. "We had two people on our block that absolutely did not believe COVID was real and were not taking any precautions. My husband was working remotely and at a certain point I just asked him, if you're working remotely could you work remotely from Vancouver?" Englemore recalled.They moved in July. <div type="image" title="Alice Englemore daughter Jaye Mindus husband Shawn Mindus dog Jed Baklet in Canada" height="1163" width="1548" msid="79955069" hostid="261"></div><h2>'This guy will try to kill me'</h2>Rick, a man in his 40s from California, said he moved to Germany after Trump's election because he was afraid that the administration would end the Affordable Care Act, also known as Obamacare. Rick is a pseudonym; he asked to speak anonymously for security reasons, but his identity is known to Insider.Since his teenage years, Rick has suffered from irritable bowel disease, a chronic health condition that has made it hard for him to work. He's spent his adulthood going from one temp job to the next, while living with his parents to save money, and taking out massive student loans to pay for medication.He said the ACA changed his life."I finally didn't have to do the weird flopping between temp jobs ... I could get consistent healthcare. I could start building some sort of foundation," he said.But when Trump won in 2016, Rick said the thought that immediately crossed his mind was: "This guy will try to kill me."Fearing that Republicans would end the ACA, Rick made it a priority to move to a country with a social health system, eventually settling in Germany on a freelancer visa.Like Rick, 47-year-old Claudia Clark moved to Germany with her husband after Trump's election.<div type="image" title="Claudia Clark and husband in Chamonix France July 2020" height="2448" width="2448" msid="79955074" hostid="261"></div>She said that while they mainly moved because of Trump's <keyword id="6358883" type="UNKNOWN" weightage="100" keywordseo="politics">politics</keyword>, her personal battle with chronic migraines was another factor.Clark said that back in the US, her migraines were so bad that she couldn't work, but her health has drastically improved since being abroad.Though she doesn't know for sure what caused the change, she said not having to constantly fight with her health-insurance provider over coverage could be a reason she's feeling better.<h2>'What if I'm not always healthy?'</h2>Christine, 26, also cited her brushes with the US healthcare system as a major reason she left the country a month after Trump's election in 2016. She asked that her last name be withheld to protect her security, but it is known to Insider.Christine, who now lives in London, knows how illness could upend a life: She had a bad case of mononucleosis in 2015, and her mother, who has delusional disorder, has been hospitalized multiple times in the past.She felt it was important to move to a country with more of a social safety net."Even though I earn enough money to support myself when I'm healthy, what if I'm not always healthy?" she said.<div type="image" title="Christine" height="1498" width="1997" msid="79955076" hostid="261"></div>Ayla Kremen Adomat, 32, said Trump "was a huge impetus" for her and her husband's move back to his native Germany.She said they were living in New York City before their move to Berlin, and were worried about the cost of starting a family and the less generous maternity-leave policies in the US."I've heard from friends in the States that for a regular birth - no complications - it can be upwards of $5,000," she said."I had a more complicated birth - I needed an emergency C-section and over a week stay in the hospital. I got a bill for 300 euros ($324)."<div type="image" title="Ayla Kremen Adomat" height="1498" width="1997" msid="79955078" hostid="261"></div><h2>Threats to LGBTQ rights</h2>One of the expats we talked to cited fears that the Trump administration would jeopardize LGBTQ rights as a reason for his move.Chris Good said the Trump administration's <a href="https://techcrunch.com/2017/01/20/the-white-houses-lgbt-rights-page-has-disappeared/">removal of a webpage</a> dedicated to LGBTQ rights from the White House website within an hour of his taking office made it clear that the president didn't have his interests at heart."Even though during the campaign he had said he was going to be for LGBT rights and protections and all that, that was a dead giveaway that that was not the case obviously," Good said of the webpage being taken down.So Good used his French citizenship to move to Europe in 2017 with his husband, both quitting their well-paying jobs at consultant firms to do so.<div type="image" title="Chris Good and partner" height="1498" width="1997" msid="79955081" hostid="261"></div><h2>A difficult - and expensive - feat</h2>A few of the expats we spoke to acknowledged that it's a privilege to be able to move abroad. An international move can be costly considering flights, shipping, and visa applications - and is often an option only open to people with highly-skilled jobs.<div type="image" title="Haylee Grey in Florence" height="2048" width="1356" msid="79955083" hostid="261"></div>Haylee Pearson, a 30-year-old from Gaithersburg, Maryland, who moved to Europe in 2016, explained some of the challenges."The process of leaving and moving to another country is a privilege. No one can just up and move to another country. It costs thousands and thousands of dollars," Pearson said.Pearson pointed out how when she moved to Spain, and later the UK, she had to prove that she had enough money to support herself for a year."That's a luxury in and of itself," she said.Some of the sources we spoke to initially made the move as students, or were able to live abroad thanks to a foreign spouse.Insider spoke to one man who followed through on a pact to move to Canada if Trump won the election, but returned a couple years later after facing challenges getting residency."At the time I was 53 and I was deemed older than is appealing to the Canadian government," Peter Schink, 56, said."I would only have so many functional years contributing to the system before I became a drain on the system."Schink and his wife moved back to the US in February 2019, realizing how long of a road it would be towards residency.<div type="image" title="peter schink" height="1499" width="1999" msid="79955085" hostid="261"></div><h2>Nationless people</h2>Many of the Americans living abroad that we spoke to were heartened by President-elect <keyword id="99719" type="PERSON" weightage="60" keywordseo="Joe-Biden">Joe Biden</keyword>'s win.Patricia Baker, the American in Austria, teared up as she described how the election's result made her feel like she could finally consider moving back to the US."I realized how much I didn't want to stay away forever," Baker said.Haylee Pearson said Biden's win opened up a conversation with her Spanish partner about possibly living in the US one day."It's something that he's been really apprehensive to commit to ... just living in a country where he would be seen as a second-class citizen," she said.But the majority of the emigrants Insider interviewed said they had no immediate plans to move back to the US.George Feil, who moved to Canada in March 2017, said he's more worried than ever about America's future.<div type="image" title="George Feil and wife Liza at Peace Arch border crossing a few weeks after moving to Canada" height="1502" width="2000" msid="79955149" hostid="261"></div>He said he found it concerning that more than 73 million Americans voted for Trump this year - <a href="https://www.forbes.com/sites/tommybeer/2020/11/24/biden-becomes-first-presidential-candidate-to-receive-80-million-votes/?sh=24cf691d2f83" target="_blank" rel="noopener">the most for any Republican in history</a>."I think there's a civil war brewing, to be honest," Feil said. Some <a href="https://www.businessinsider.com/rush-limbaugh-suggests-us-secession-conservatives-liberals-coexist-2020-12">fringe right-wing groups and personalities</a> have floated ideas of a conservative secession in recent weeks.Meanwhile, for others, moving abroad has provided the perspective to see the US differently.Claudia Clark, who moved to Germany, said that for "many years" she had felt like a stranger in her own country, and doesn't "think of going back as an option.""My values aren't aligned with the Americans," Clark said. "The 'I don't want to pay more taxes so people can have healthcare' or 'I don't want to pay more taxes so that the schools are better.' That mentality is just not me."Dallocchio, the woman who was harassed in Las Vegas before the 2016 election, said her first priority is her family's safety. She said that since moving to London, she has felt a lot safer, and like her ethnicity is not as important."If I never come back to the United States to live, then I never come back," she said.<ul class="read-more-links"><li>Read more:</li><li><a href="https://www.businessinsider.com/new-york-could-lose-house-seat-coronavirus-exodus-2020-12">So many people left New York that the state may lose a seat in Congress</a></li><li><a href="https://www.businessinsider.com/trump-martial-law-idea-violent-protests-proud-boys-american-schism-2020-12">Opinion: America is shattering in two</a></li><li><a href="https://www.insider.com/most-powerful-images-of-2020-defined-memorable-year-2020-12">35 of the most powerful images of 2020 capture a year we'll never forget</a></li><li><a href="https://www.insider.com/aoc-alexandria-ocasio-cortez-style-fashion-statements-2020-11">Alexandria Ocasio-Cortez is changing the dress code of politics</a></li></ul>

Yes, some Americans really did leave the country because of Trump. Here are 12 of their stories, and why most aren't raring to come back now that Biden's won.

<ul><li>Just a month ahead of the budget, Britain is now making way for its new Finance Minister — <keyword id="221875" type="PERSON" weightage="20" keywordseo="Rishi-Sunak">Rishi Sunak</keyword>. </li><li>The 39-year old Indian-origin leader joined politics in 2014 and was the secretary to the Treasury before this. </li><li>Sunak figured his way into politics at the Oxford University, where he studied Philosophy, Politics and Economics. </li><li>Before foraying into politics, he worked as an analyst for the investment banking firm Goldman Sachs.</li></ul>Just a month ahead of the budget, Britain is now making way for its new Finance Minister — Rishi Sunak. This comes after the sudden resignation of <keyword id="8776490" type="PERSON" weightage="20" keywordseo="chancellor-sajid-javid">Chancellor Sajid Javid</keyword> over differences with Prime Minister <keyword id="6380867" type="PERSON" weightage="20" keywordseo="boris-johnson">Boris Johnson</keyword>. The 39-year old Indian-origin leader — who was one of the early supporters of Johnson — joined politics in 2014 and was the secretary to the Treasury before this. Sunak, who was born in 1980 and brought up in Hampshire, UK after his grandparents moved there from Punjab, was a ‘first generation immigrant.’ Sunak is married to <keyword id="80833" type="PERSON" weightage="20" keywordseo="Akshata-Murthy">Akshata Murthy</keyword>, the daughter of the Indian billionaire and co-founder of IT services giant Infosys Narayana Murthy. “ I’m a first generation immigrant. My parents emigrated here, so you've got this generation of people who are born here, their parents were not born here, and they've come to this country to make a life,” he had once said. After completing his education at the elite private school Winchester College in the UK, he did his MBA from Stanford University and worked as an analyst for the investment banking firm Goldman Sachs and later moved on to become co-founder to a global investment firm. A plunge into politics But later Sunak figured his way into politics at the Oxford University, where he studied Philosophy, Politics and Economics — often called the ‘trusted route for aspiring Westminster politicians.’ Since then, he has the leaders backing him up on his political career. Javid recently said for his successor — "The force is strong with young Sunak." While he remains a rising star of Conservative Party. Lord Hague of Richmond, the leader of his party calls him ‘exceptional.’ "From working in my mum's tiny chemist shop to my experience building large businesses, I have seen how we should support free enterprise and innovation to ensure Britain has a stronger future," Sunak had <a href="https://www.ndtv.com/india-news/rishi-sunak-son-in-law-of-narayana-murthy-appointed-uk-finance-minister-2179753">said</a> during the Brexit referendum. 
 
 <div type="image" title="Rishi Sunak arrives at Downing Street in London" msid="74129724" hostid="261" caption="&amp;lt;p&amp;gt;Rishi Sunak arrives at Downing Street in London, Britain February 13, 2020. REUTERS/Toby Melville&amp;lt;/p&amp;gt;"></div>



 He is a fan of sports like football and cricket. Football player Matt Le Tissier is one of his childhood heroes. "One of my prized possessions is an 18th birthday card signed by the entire Saints team, but Matt in the middle there, which I've still got," Sunak <a href="https://www.bbc.co.uk/sounds/play/p07qtbdx">told the BBC</a> in October 2019. He was born in the UK but his upbringing keeps his roots within India. "In terms of cultural upbringing, I'd be at the temple at the weekend - I'm a Hindu - but I'd also be at the Saints game as well on a Saturday — you do everything, you do both." In the interview with BBC, he said he had been blessed for not facing much racism growing up but has one such incident in his memory still. "I was just out with my younger siblings, and I think I was probably a mid-teenager, and we were out at a fast food restaurant and there were people sitting nearby, it was the first time I'd experienced it, just saying some very unpleasant things. The 'P' word. And it stung. I still remember it. It seared in my memory. You can be insulted in many different ways, certainly in this job, but that stings in a way that is hard to explain," Sunak <a href="https://www.bbc.com/news/business-51490893">said</a>. See also: <a href="https://www.businessinsider.in/business/news/abidwali-neemuchwalas-scorecard-as-wipros-ceo-for-four-years/articleshow/73794632.cms">Abidwali Neemuchwala’s scorecard as Wipro’s CEO for four years</a> <a href="https://www.businessinsider.in/business/corporates/news/boris-johnsons-brexit-deal-sets-tata-group-and-other-stocks-alight-in-india/articleshow/71632946.cms">Boris Johnson's Brexit deal sets Tata Group and other stocks alight in India</a> <a href="https://www.businessinsider.in/politics/news/britains-new-parliament-votes-for-boris-johnsons-brexit-bill/articleshow/72906025.cms">Britain's new parliament votes for Boris Johnson's Brexit bill</a>

Britain’s new FM Rishi Sunak is a ‘first generation immigrant’ with family ties to Narayana Murthy, a doyen of Indian IT

<ul class="summary-list"><li>Commercial <keyword id="6354553" type="COMPANY" weightage="60" keywordseo="real-estate">real estate</keyword> - <keyword id="6368036" type="UNKNOWN" weightage="60" keywordseo="hotels">hotels</keyword>, <keyword id="45856" type="PERSON" weightage="60" keywordseo="Malls">malls</keyword>, offices - are facing down massive post-pandemic problems.</li><li>We can all see the <keyword id="123591" type="PERSON" weightage="60" keywordseo="Work-from-home">work from home</keyword> and ecommerce trends coming and the CRE disaster seems like a slow motion trainwreck.</li><li>And that trainwreck could drag the rest of the US <keyword id="34412" type="ORGANIZATION" weightage="60" keywordseo="economy">economy</keyword> down with it.</li><li>This is an <keyword id="6356002" type="UNKNOWN" weightage="100" keywordseo="opinion">opinion</keyword> column. The thoughts expressed are those of the author.</li></ul>Back in 2016, a colleague of mine, Michelle Wuc ker, published a terrific book entitled "<a href="https://www.wucker.com/writing/the-gray-rhino/">The Gray Rhino</a>." The title alludes to humans stalking the grey rhinoceros, a species widely known to be jittery and prone to charge and maim. Yet the awareness of their likely behavior does not deter the curious from getting closer for a look. Similarly to foolish humans trying to approach a grey rhino, Wucker writes about events that are themselves not random surprises, but occur after a series of warnings and visible evidence. The grey rhino is a situation that is staring you in the face, about which you have depth of knowledge yet proceed as though there is little risk.And right now there is a two-ton grey rhino staring down the US economy: More precisely, <a href="https://www.reit.com/data-research/research/nareit-research/estimating-size-commercial-real-estate-market-us">$6.5 trillion of assets in </a>the US commercial real estate (CRE) industry. This coming CRE threat, in the three major non-residential sectors of the industry, is snorting loudly and padding its foreleg, while we all stand and stare. So let's open our eyes and have a cautious look. And just as with charging animals, being prepared is critical to protecting against loss - not of life and limb in this case, but of systemic safety and soundness.<h2>The "Big Check-out" is not over in the hotel industry</h2>First is hotels, which have been hammered by the COVID-19 <keyword id="6357558" type="DEFINITION" weightage="60" keywordseo="Recession">recession</keyword>. Since hotels have no leases to protect their revenue stream, as much as 10% of the sector closed entirely during the 2020 lockdowns and 3% of locations remain closed, according to STR, Inc. Even hotels that remain open throughout good portions of the pandemic are struggling with bills and debt backlogs even as revenue bounces back. Nationwide revenue per available room - a key metric for the industry - was down 29% through April compared to 2019 levels.Given the likelihood of the American consumer engaging in a fair amount of "<a href="https://www.realsimple.com/work-life/money/saving/revenge-spending">revenge spending</a>" as the economy fully reopens, the hotel sector is likely to see substantial improvement over the summer. But the improvement could be short lived because there are obvious issues that are likely to wreck renewed havoc come autumn.Hotel room rates and occupancy are built on business travel and conference room demand, which makes up roughly 30% of demand during normal times. That business, often booked far in advance, provides hotels with a baseline to build on when pricing other rooms. In some of the biggest conference destinations the size of the corporate business can be closer to 50% of total business.What will happen when many hotels try to rebuild their business volumes all at once? Big, fat discounts. On top of this timing issue, this critical piece of the hotel business also faces an existential threat. Many business meetings that were thought to require travel pre-COVID have been shown to be efficiently conducted on Zoom or other video calls. What that means to future levels of travel is, frankly, unknowable. But it is not likely to be positive.Finally, the value of many hotel properties has been decimated by the pandemic. <a href="https://www.nationalmortgagenews.com/news/hotel-mortgage-delinquencies-rise-in-december-but-retail-improves">23% of all hotel loans became delinquent</a> and billions of dollars of loan interest went unpaid - whether as the result of outright defaults or forbearance by lenders - and will need to be dealt with. And the ability of other hotel owners to continue to make debt payments was enabled by <a href="https://www.sba.gov/document/report-paycheck-protection-program-weekly-reports-2021">Payment Protection Program </a>(PPP) loans to over 19,000 of the 54,000 hotels in the US totaling nearly $11 billion (and that excludes loans under $150,000). Most alarmingly, $1.65 billion of those PPP loans were made in March and April of this year, demonstrating that the PPP is still acting as a lifeline for the industry. And that program ends this month.Accordingly, the "Big Check-out" in the hotel industry will echo into late 2021 and 2022.<h2>Not buying <keyword id="6354851" type="UNKNOWN" weightage="60" keywordseo="retail">retail</keyword></h2>The second part of the commercial real estate market facing a crunch is retail malls. This beleaguered industry was already facing pressures before the pandemic - mounting losses of big anchor tenants and the rise in online shopping. But the COVID crisis has taken retail property woes into the stratosphere, going well beyond the mall space. Strip shopping centers and, most particularly, urban street front retail are struggling too. Take the super-expensive Manhattan storefronts, where unoccupied retail space available averaged over 25% of total square footage at the end of the first quarter of this year.As in the case of hotels, retail property is also facing a business cultural change that was accelerated by lockdowns. In <a href="https://www.census.gov/retail/mrts/www/data/pdf/ec_current.pdf">Q1 2021</a> online shopping (excluding groceries and gasoline) now comprises 15% of <a href="https://www2.census.gov/retail/releases/historical/marts/adv2103.pdf">retail sales</a>, and appears to be rising. As comfort with clicking and buying becomes ever more prevalent, the need for bricks and mortar shopping space will naturally continue to diminish.We also have a PPP loan overhang in the retail sector - non-chain stores, franchisees and restaurants - which introduces an additional unknown regarding the number of merchants able to survive the withdrawal of those advances.Retail property was already "on sale," and now faces the prospect of "liquidation" in many <keyword id="31671" type="CITY" weightage="60" keywordseo="markets">markets</keyword>.<h2>Return to the bedroom?</h2>Finally, both the least clear and the most substantially problematic sector in commercial real estate is office space. The cultural shifts that will follow 15 months of working from home will be slow to manifest themselves in terms of declining demand for space. But it should be readily apparent to all that the #WFH genie is not one that can be put back into the bottle.Other than industrial property owners, office landlords typically enjoy the longest lease terms, averaging between eight years in the nation's largest cities to 5+ years elsewhere. So the pain of decisions by tenants to reduce their office space will be spread over a longer period. And if the foregoing shifts are not dramatic, landlords may be fortunate enough to straddle a good deal of the recession in their sector. I would not, however, hold my breath.In this case we must look to availability as a guide, not the amount of office space currently vacant. Nationally, office vacancies spiked over 18% in the first quarter of this year. But availability rates (inclusive of space that has been vacated but still subject to leases) are running much higher than vacancies. In Chicago, <a href="https://therealdeal.com/chicago/2021/05/03/chicagos-office-market-rebound-is-long-way-off/">vacancy is just over 16%, while availability is 22.3% of total space.</a> In New York City, even with its high percentage of large, creditworthy tenants, <a href="https://www.nytimes.com/2021/04/15/realestate/manhattan-office-space-coronavirus.html">availability already exceeds 17%</a>. Kastle Systems' 10-city Return to Work Index suggests only <a href="https://www.kastle.com/safety-wellness/getting-america-back-to-work/">28% of workers have returned to the office</a> as of this writing. And with about 15% of office leases expiring each year, 2021 and 2022 are likely to see a bloodbath in downsizing and outright abandonment of space.<h2>A larger problem?</h2>There is one winner in the CRE industry - industrial property. Specifically in the warehouse and logistics sector, that is now overwhelmed with all the increased volume of online shopping and medical materials distribution. Multifamily rental real estate in large cities that experienced wholesale emigration during the pandemic will have real difficulty, but the rest of that sector should be fine as everyone needs someplace to rest their head at night.But the challenges facing the three major commercial real estate sectors discussed above are very real and could turn more in a negative direction with the passage of time. And a major repricing in these sectors could instigate a more systemic problem among holders of loans secured by impacted properties, to say nothing of loss of wealth among equity owners.The last time the nation saw a specifically commercial real estate recession (more like a depression in some markets) was way back in late 1980s through early 1990s. Mostly due to overuse of mortgage debt (rather than a sudden drop in rents and incomes), it spilled over into what became the Savings and Loan crisis and required the government to undertake <a href="https://en.wikipedia.org/wiki/Resolution_Trust_Corporation">wholesale asset liquidations</a>. Moreover, it caused a recession that took <a href="https://fred.stlouisfed.org/graph/fredgraph.png?g=Ehv2">real GDP a year and a quarter to recover from.</a> It also yielded buying opportunities of a lifetime for some. Today, properties are generally less leveraged, but face unprecedented challenges on the income side that threaten substantial loss of value. And the one thing that most materially bailed-out commercial property from the devastation of the early 90s and the Great Recession - a substantial decline in interest rates (which always serves to boost property values) - can't really happen now with market costs of funding approaching their practical limits on the low side.So, beware this particular grey rhino. Because when this one hits, it's gonna be a bumpy ride.

Commercial real estate is stuck in a slow motion train wreck

Everything you missed in the trailer for 'It: Chapter Two'

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5db83e98dee0193af66879c4-2400/ingraham%20angle.png" border="0" alt="Ingraham Angle" data-mce-source="Screenshot via Fox News" data-mce-caption="John Yoo, Laura Ingraham, and Alan Dershowtz on &amp;quotIngraham Angle&quot;">Screenshot via Fox News John Yoo, Laura Ingraham, and Alan Dershowitz on "Ingraham Angle" </img></div></div></div><ul class="summary-list"><li>Conservative commentators are questioning the loyalty of a Ukrainian-born National Security Council official <a href="https://www.businessinsider.com/white-house-aide-to-testify-twice-reported-trump-ukraine-concerns-2019-10">set to speak to House investigators</a> pursuing the impeachment inquiry into President <a href="https://www.businessinsider.com/who-is-donald-trump-bio-age-family-key-positions-2019-4">Donald Trump</a>.&#xa0;</li><li>The New York Times reported that the NSC's top expert on Ukraine, Lt. Col. Alexander Vindman, repeatedly raised concerns to his superiors and NSC lawyers that US policy towards Ukraine, including Trump's personal attorney Rudy Giuliani's efforts to pressure Ukraine to investigate Trump's political rival, was undermining US national security interests.</li><li>Vindman, who emigrated to the US from the former Soviet Union in the 1970s, is a decorated US Army officer, who earned a Purple Heart after being injured during a 2003 deployment to Iraq.&#xa0;</li><li>Former Bush administration lawyer John Yoo accused Vindman of spying for speaking to Ukrainian officials, saying, "I find that astounding and some people might call that espionage" on "Ingraham Angle" Monday night.&#xa0;</li><li>"I am a patriot, and it is my sacred duty and honor to advance and defend our country, irrespective of party or <keyword id="6358883" type="UNKNOWN" weightage="100" keywordseo="politics">politics</keyword>," Vindman said in his opening statement.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet" target="_blank" rel="noopener">Visit Business Insider's homepage for more stories</a>.</li></ul>Conservative commentators are questioning the loyalty of a Ukrainian-born National Security Council official and decorated Iraq War veteran <a href="https://www.businessinsider.com/white-house-aide-to-testify-twice-reported-trump-ukraine-concerns-2019-10">set to speak to House investigators</a> pursuing the impeachment inquiry into President <a href="https://www.businessinsider.com/who-is-donald-trump-bio-age-family-key-positions-2019-4">Donald Trump</a>.&#xa0;On Monday night, <a href="https://www.nytimes.com/2019/10/28/us/politics/Alexander-Vindman-trump-impeachment.html">The New York Times reported</a> that the NSC's top expert on Ukraine, Lt. Col. Alexander Vindman, repeatedly raised concerns to his superiors and NSC lawyers that US policy towards Ukraine, including Trump's personal attorney Rudy Giuliani's efforts to pressure Ukraine to investigate Trump's political rival, was undermining US national security interests.The impeachment inquiry an centers around a whistleblower complaint claiming Trump was "using the power of his office to solicit interference from a foreign country in the 2020 U.S. election" in a July 25 phone call with Ukrainian president Volodymyr Zelensky, which Vindman was on, just days after Trump <a href="https://www.businessinsider.com/trump-confirms-withheld-military-aid-from-ukraine-before-phone-call-2019-9" target="_blank" rel="noopener">ordered his administration to withhold a nearly $400 million military-aid package</a> to Ukraine.The White House's <a href="https://www.businessinsider.com/trump-zelensky-ukraine-call-transcript-quid-pro-quo-biden-2019-9" target="_blank" rel="noopener">notes of the call</a> show the US president brought up how the US does "a lot for Ukraine" and immediately after asked Zelensky to do him a "favor, though" by investigating former Vice President <a href="https://www.businessinsider.com/who-is-joe-biden-bio-age-family-key-positions-2019-3">Joe Biden</a> and a debunked conspiracy theory that Ukraine is in possession of a Democratic National Committee server.&#xa0;"I did not think it was proper to demand that a foreign government investigate a U.S. citizen, and I was worried about the implications for the U.S. government's support of Ukraine," Col. Vindman said in the statement he plans to give to Congress, according to The Times. "I realized that if Ukraine pursued an investigation into the Bidens and Burisma it would likely be interpreted as a partisan play."At the age of three, Vindman and his family fled the Soviet Union as refugees and moved to New York City, <a href="https://www.nytimes.com/2019/10/29/us/politics/who-is-alexander-vindman.html">according to a New York Times profile of Vindman published Tuesday.&#xa0;</a>Vindman entered the US Army 1999 and completed multiple tours of duty in South Korea, Germany, and Iraq, where he was awarded a Purple Heart after being injured by an EID.&#xa0;He is now an Army area foreign officer on the NSC specializing in the political implications of US military policy in Eastern Europe, and has previously served in US embassies in both Russia and Ukraine, <a href="https://www.nytimes.com/2019/10/29/us/politics/who-is-alexander-vindman.html">The Times said.&#xa0;</a>But despite his two decades of military and national security service, Fox <keyword id="6355005" type="UNKNOWN" weightage="60" keywordseo="news">News</keyword> hosts and guests, and a conservative CNN contributor have all suggested or outright claimed that Vindman's Ukrainian heritage puts his loyalty to the United States in doubt. Fox News host Laura Ingraham quoted from a Times story reporting that Vindman advised Ukrainian officials on how to respond to Giuliani's overtures, and said, "here we have a U.S. National security official who's advising Ukraine while working inside the White House apparently against the president's interest."Former Bush administration lawyer and conservative commentator John Yoo even went as far to accuse Vindman of possible spying for Ukraine, saying, "I find that astounding and some people might call that espionage, but it doesn't add any enough facts to what we know."The next day on "Fox &amp; Friends," co-host Brian Kilmeade said that Vindman "tends to feel simpatico with the Ukraine."His co-host Ainsley Earnhardt further tried to downplay the substance of Vindman's concerns, saying, "Same transcript that you and I have read. Everyone has an opinion. Either you think the president did quid pro quo or you don't. Most of his base doesn't believe there was anything there. That's just how he does business."Also on Tuesday morning, recently retired former Rep. Sean Duffy of Wisconsin, who is now a CNN contributor, questioned whether Vindman was "concerned about American policy" and claimed he had "an affinity" for Ukraine.&#xa0;"This has been nagging at me the whole time here, because when I asked you about Col. Vindman, the very first thing you said was he was Ukrainian," CNN "New Day" co-host John Berman asked Duffy.&#xa0;"So yes or no, do you trust Ambassador Bill Taylor more because he was born in the United States? Where does the location of his birth matter? Mark Meadows was born in France, is he pro-French by definition? That's a pretty stunning comment you made just there.""So I read his statement, John, and I'm sure you did as well, and it seems very clear that he is incredibly concerned about Ukrainian <keyword id="6354810" type="UNKNOWN" weightage="60" keywordseo="defense">defense</keyword>. I don't know that he's concerned about American policy, but his main mission was to make sure that Ukraine got those weapons. I understand that. We all have an affinity to our homeland where we came from," Duffy replied. "And so he's entitled to his opinion. He has an affinity for the Ukraine. He speaks Ukraine, and he came from the country and he wants to make sure they're safe and free. I understand that," Duffy added.&#xa0;Both Berman and fellow CNN contributor Charlie Dent reacted in disbelief at Duffy's suggestion. Duffy eventually claimed he didn't know enough about Vindman to determine "whether he put America first.""I don't know anything about him, so I can't judge whether he puts America first. I spent the last five years looking at Donald Trump fighting for the American people, and so I know he's trying to put them first. I can't judge him because I don't know him," Duffy added.&#xa0;In a series of Tuesday morning tweets, Trump himself attacked Vindman, <a href="https://twitter.com/realDonaldTrump/status/1189161824614277120">accusing him of being a</a> "Never Trumper witness."&#xa0;<a href="https://www.nytimes.com/2019/10/29/us/politics/who-is-alexander-vindman.html">According to The Times</a>, Vindman addresses his immigrant story in his statement to Congress, saying, "I sit here, as a lieutenant colonel in the United States Army, an immigrant. I have a deep appreciation for American values and ideals and the power of freedom. I am a patriot, and it is my sacred duty and honor to advance and defend our country, irrespective of party or politics."Read more:<a href="https://www.businessinsider.com/white-house-aide-to-testify-twice-reported-trump-ukraine-concerns-2019-10" data-analytics-position="2" data-analytics-module="homepage-river">A White House national security aide will testify that he twice reported concerns about Trump's Ukraine dealings out of fear Trump would 'undermine US national security'</a><a href="https://www.businessinsider.com/democrats-courts-charles-kupperman-trump-impeachment-2019-10">Democrats just dropped a big hint that they have everything they need to impeach Trump</a><a href="https://www.businessinsider.com/gordon-sondland-congress-trump-ukraine-quid-pro-quo-2019-10">Gordon Sondland told Congress that Trump's Ukraine efforts amounted to a quid pro quo, his lawyer says</a><div><blockquote class="twitter-tweet" lang="en">Oh my God, look at the spin they are using right now, actually saying that Vindman is a Ukrainian double agent....this is so freaking bananas <a href="https://t.co/Oxpju5W23N">pic.twitter.com/Oxpju5W23N</a>- Andrew Lawrence (@ndrew_lawrence) <a href="https://twitter.com/mims/statuses/1189002513594441730?ref_src=twsrc%5Etfw">October 29, 2019</a></blockquote><script async="" src="//platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet" lang="en">Former GOP <a href="https://twitter.com/RepSeanDuffy?ref_src=twsrc%5Etfw">@RepSeanDuffy</a> questions the credibility and interests of Army Lt. Col. Alexander Vindman, the National Security Council's top Ukraine expert, who is set to testify today. "He has an affinity for the Ukraine. He speaks Ukrainian, he came from the country." <a href="https://t.co/t5k8vvjKss">pic.twitter.com/t5k8vvjKss</a>- New Day (@NewDay) <a href="https://twitter.com/mims/statuses/1189163059958468608?ref_src=twsrc%5Etfw">October 29, 2019</a></blockquote><script async="" src="//platform.twitter.com/widgets.js" charset="utf-8"></script></div> <div class="margin-top"> <h3>NOW WATCH: <a href="https://www.businessinsider.com/pepe-frog-meme-hate-symbol-hope-hong-kong-protesters-2019-10">Extremists turned a frog meme into a hate symbol, but Hong Kong protesters revived it as an emblem of hope</a></h3> <div> <iframe class="bijwplayerclass" data-player="jwplayer" src="https://content.jwplatform.com/players/A6EN9Vxm-CEZHWCBG.html" width="100%" height="100%" frameborder="0" scrolling="auto" style="margin:0px;" allowfullscreen=""></iframe><script>function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);</script> </div> </div>

Conservative commentators are questioning the loyalty of a NSC official and Iraq veteran set to testify in the impeachment inquiry

How Kimberly Guilfoyle, the 'human Venus flytrap,' has groomed boyfriend Don Jr. into a political powerhouse and turned herself into a conservative star

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5a5fb12a28eecc1e008b56b2-1400/rtx48nzn.jpg" alt="El Salvador immigrant deportation" data-mce-source="REUTERS/Jose Cabezas" data-mce-caption="A deportee charges his cellphone while he talks with relatives at an immigration facility after a flight carrying unauthorized immigrants from the US arrived in San Salvador, El Salvador, January 11, 2018." />REUTERS/Jose CabezasA deportee charges his cellphone while he talks with relatives at an immigration facility in San Salvador, El Salvador, January 11, 2018.</div></div></div><ul><li>Trump administration plans to strip some 200,000 Salvadorans in the US of temporary protected status is likely to be a blow to the economies of both El Salvador and the US.</li><li>El Salvador will struggle to absorb thousands of returnees, who may displace current jobholders there and in turn cause more migration to the US.</li><li>In the US, employers face expenses related to laying off TPS holders as well as the prospect of being unable to replace those workers.</li></ul><hr /> The Trump administration announced earlier this month <a href="http://www.businessinsider.com/trump-ms-13-el-salvador-rescinding-tps-2018-1" target="_blank" rel="noopener">it will end temporary protected status</a> for some 200,000 immigrants from El Salvador living in the US.The administration cast the move as a corrective for a TPS policy it said had been abused, and it comes as as part of President Donald Trump's effort to restrict legal and illegal immigration. The president has said this would preserve jobs and raise wages - claims <a href="https://www.nytimes.com/2017/08/03/us/politics/legal-immigration-jobs-economy.html" target="_blank" rel="noopener">that are</a> widely <a href="http://money.cnn.com/2017/08/10/news/economy/trump-immigration-jobs/index.html" target="_blank" rel="noopener">disputed</a>.Temporary Protected Status for Salvadorans will not expire until September 2019, giving people with that status in the US 18 months to apply for a new immigration status or leave the country voluntarily.But during implimentation and afterward, uprooting thousands of Salvadorans and their families is likely to create drag on the economy in US and in El Salvador.<h2>'Security is still bad. The economy is bad. Corruption is bad'</h2><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5a566971a75e20b0378b4755-1600/rtx1mby4.jpg" alt="El Salvador San Salvador police bus homicide crime scene" data-mce-source="REUTERS/Jose Cabezas" data-mce-caption="The body of bus driver Elias Emilio Melendez lies inside his vehicle after he was killed by suspected gang members during the third day of a suspension of public-transport services in San Salvador, El Salvador, July 29, 2015. Violent gangs in El Salvador ordered bus drivers to strike." />REUTERS/Jose CabezasThe body of a bus driver inside his vehicle after he was killed by suspected gang members in San Salvador, July 29, 2015.</div></div></div>The Central American country, home to more than 6 million people, has been wracked by violence and is struggling economically."El Salvador's economy is not very strong. Its [GDP is] growing roughly 2.5% a year," Mike Allison, a political-science professor at the University of Scranton, told Business Insider. "Unemployment's high. Jobs aren't well-paying. There's very few protections for workers."Salvadorans depend heavily on remittances - 382,734 households received them in 2016, <a href="https://apnews.com/4f04da511f204c36a753922a6bf7f520" target="_blank" rel="noopener">according</a> to a government survey, and 97% are sent <a href="http://www.elsalvadorperspectives.com/2017/12/family-remittances-strong-in-2017-but.html" target="_blank" rel="noopener">from the US</a>. The more than $4.5 billion in remittances received in 2016 amounted were used to pay for things like rent, school fees and transportation costs, and utility bills.Any decline in remittances caused by deportations or removals from the US would reduce consumption and increase poverty in El Salvador, Carmen Aida Lazo, of ESEN University in San Salvador, <a href="https://www.economist.com/news/americas/21734477-united-states-wants-expel-up-200000-salvadoreans-both-they-and-their-home-country" target="_blank" rel="noopener">told</a> The Economist.Many of the conditions created by the 2001 earthquake that first prompted the TPS designation for immigrants from El Salvador haven't really improved, Allison said.<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5a5fbc2ef42149e50e8b552d-2400/el salvador military police.jpg" alt="El Salvador military police" data-mce-source="REUTERS/Jose Cabezas" data-mce-caption="Salvadoran policemen arrest two suspected gang members during an anti-gang search operation in San Salvador, June 21, 2015." />REUTERS/Jose CabezasSalvadoran policemen arrest two suspected gang members during an anti-gang search operation in San Salvador, June 21, 2015.</div></div></div>"Security is still bad. The economy is bad. Corruption is bad. What's helped the country sort of stay afloat has been the billions of dollars sent back each year by Salvadorans living abroad," he told Business Insider."The situation in El Salvador today probably will not be any better in 18 months. If anything it'll probably get a little worse."The absence of Salvadorans in the US sending money back to El Salvador would likely be compounded by the strain their return would put on the government and the local economy.The official unemployment rate in El Salvador is 7%, but <a href="https://www.economist.com/news/americas/21734477-united-states-wants-expel-up-200000-salvadoreans-both-they-and-their-home-country" target="_blank" rel="noopener">more than 40%</a> of workers are underemployed, and about 66% of them work in the informal sector. The country sees 60,000 people enter the workforce every year, but its economy only creates 11,000 jobs, according to think tank Fusades."So the thought that these people are going to be successfully absorbed by the Salvadoran economy is fantastical," Geoff Thale, program director at the Washington Office on Latin America, told Business Insider."Whatever the administration says about conditions in El Salvador [having] improved - I don't actually think they have - but it's clear to me that even if they were to have improved, they haven't improved to the condition where the country can accept back that number of people and absorb them into the workforce," Thale said.<h2>'What they'll probably do is displace other Salvadorans'</h2><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5a5eb07d5124c9aa26db9f54-800/el-salvador-eyes-work-scheme-with-qatar-for-migrants-facing-exit-from-us.jpg" alt="FILE PHOTO: Deportees wait to be processed at an immigration facility after a flight carrying illegal immigrants from the U.S. arrived in San Salvador, El Salvador, January 11, 2018. REUTERS/Jose Cabezas/File Photo" data-mce-source="Thomson Reuters" data-mce-caption="FILE PHOTO: Deportees wait to be process at an immigration facility after a flight carrying illegal immigrants from the U.S. arrived in San Salvador" />Thomson ReutersDeportees wait to be processed at an immigration facility after a flight carrying unauthorized immigrants from the US arrived in San Salvador, January 11, 2018.</div></div></div>The US and Salvadoran governments have <a href="https://www.economist.com/news/americas/21734477-united-states-wants-expel-up-200000-salvadoreans-both-they-and-their-home-country" target="_blank" rel="noopener">an agreement</a> that limits the number of deportation flights to eight a week, each carrying no more than 135 people.Under the deal, the US can't send more than 56,000 people back to El Salvador each year. A significant increase in the number returnees would further strain the limited resources the government and civil-society groups have to assist people arriving in the country, many of whom haven't been there in more than a decade.Salvadoran TPS holders in the US are typically in their 40s and are used to wages higher than are offered in El Salvador, and many who return are likely to struggle to find work and settle there. Ones who do enter the labor force in El Salvador may take jobs that are already filled, Thale said.<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/59137a7b73f2f3291b8b535a-2000/rts114zl.jpg" alt="women at work El Salvador" data-mce-source="Jose Cabezas/Reuters" data-mce-caption="Rosa Amelia Mejia Reyes, 35, a newspaper seller at the Juan Pablo II Avenue in San Salvador, El Salvador: &amp;quotAs a woman I have suffered many things, physical abuse from many people, I have suffered discrimination for selling on the street, even from my family. But in spite of everything, as a woman and as a single mother I have raised my children, I have been father and mother at the same time,&quot; Reyes said." />Jose Cabezas/ReutersRosa Amelia Mejia Reyes, 35, a newspaper seller in San Salvador.</div></div></div>"While they occupy relative low-skilled jobs in the United States, in El Salvador they would look like mostly bilingual, relatively skilled workers," Thale told Business Insider."What they'll probably do is displace other Salvadorans, and those people, who are less skilled and ... pushed out of the workforce in a terrible economy with ... a lot of crime and violence, will probably emigrate to the United States."The government in El Salvador is looking for a way to relieve the pressure. It is discussing <a href="https://www.reuters.com/article/us-elsalvador-immigration-qatar/el-salvador-eyes-work-scheme-with-qatar-for-migrants-facing-exit-from-u-s-idUSKBN1F606Q?feedType=RSS&amp;feedName=worldNews" target="_blank" rel="noopener">a deal with Qatar</a> under which migrants from the Central American country who lose the right to live in the US could live and work temporarily in the Middle Eastern country.El Salvador's foreign minister said Salvadorans in Qatar could work in engineering, aircraft maintenance, construction, and agriculture.Salvadorans removed from the US may also find work at call centers, which have sprung up in El Salvador in recent years. With <a href="http://www.elsalvadorperspectives.com/2018/01/with-few-local-english-speakers-call.html" target="_blank" rel="noopener">few local English speakers</a> in the country, returnees with language skills would stand out. While call centers typically offer higher wages than other local industries, they <a href="https://www.jacobinmag.com/2016/12/migration-deportation-outsourcing-undocumented-el-salvador" target="_blank" rel="noopener">have been criticized</a> for creating high-pressure work environments with few worker protections.<h2>'You've removed thousands of fully employed people'</h2><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5a5fbe07f42149630d8b5558-1400/rtx471u3.jpg" alt="El Salvador immigrant immigration TPS deportation" data-mce-source="REUTERS/Andrew Kelly" data-mce-caption="Salvadoran immigrants Rosa Romero, Mirna Portillo, and Aminta Romero prepare to leave a news conference at the New York Immigration Coalition following President Donald Trump's announcement of the end of Temporary Protected Status for Salvadoran immigrants, in New York City, January 8, 2018." />REUTERS/Andrew KellySalvadoran immigrants at the New York Immigration Coalition following President Donald Trump's announcement of the end of TPS for Salvadoran immigrants, January 8, 2018.</div></div></div>A <a href="https://www.economist.com/news/americas/21734477-united-states-wants-expel-up-200000-salvadoreans-both-they-and-their-home-country" target="_blank" rel="noopener">typical Salvadoran TPS recipient</a> in the US has been in the country for 21 years. Ninety percent of them have jobs, and one-third own homes.Many, if not most, of them are likely to try to stay in the country, either by securing a new immigration status or by staying without authorization. But without legal status, the role they play in the US economy, and the protections they have while working, will be stripped away."I think they're going to wind up living in illegality here, which will make them more exposed to abuse by employers, make them live more in fear, make them far less likely to cooperate with local police," Thale told Business Insider. "In those communities, in terms of employment, in terms of schools, in terms of people paying their mortgages, there will be economic ripple effects."Immigrants in the US - Haitians and others from Central America, in particular - often make their living in the US in the service industry, doing jobs in industries like construction, food service, and child and elderly care."If you get rid of 26% of my employees, I guess I'm going to have to terminate some of the contracts," Victor Moran, the chief executive of Total Quality, a janitorial services company in the Washington area, <a href="https://www.nytimes.com/2018/01/09/us/immigrant-work-force-salvadorans-haitians.html" target="_blank" rel="noopener">told</a> The New York Times. <div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5a03aec55124c9ac77f8b336-800/us-program-for-central-american-child-refugees-to-end-thursday.jpg" alt="FILE PHOTO: Migrants attend a workshop for legal advice following the U.S. government's recent announcement it would step up deportations of Central Americans families that arrived since May 2014 when there was a surge of women and minors arriving from El Salvador, Guatemala and Honduras, many fleeing drug gang violence, in south Chicago, Illinois, January 10, 2016. REUTERS/Joshua Lott/File Photo " data-mce-source="Thomson Reuters" data-mce-caption="FILE PHOTO: Migrants attend a workshop for legal advice held by the Familia Latina Unida and Centro Sin Fronteras in south Chicago" />Thomson ReutersMigrants at a workshop for legal advice following the US government's announcement it would step up deportations of Central American families that have arrived since May 2014, in Chicago, January 10, 2016.</div></div></div>Moran said he wasn't willing to break the <keyword id="6355470" type="CITY" weightage="60" keywordseo="Law">law</keyword> to keep those employees, and the government's recent <a href="http://www.businessinsider.com/ap-apnewsbreak-7-eleven-probe-opens-new-front-on-immigration-2018-1" target="_blank" rel="noopener">nationwide sweep of 7-11</a> convenience stores indicates the measures it will take to restrict the hiring of undocumented workers."There are no Americans out there to take the jobs," Mark Drury, a vice president at a Washington-based plumbing, heating, and cooling business, told The TimesDrury said his firm would have to lay off its 14 Salvadoran workers and was worried about what would happen to some 30 employees who are in the US under Deferred Action for Childhood Arrivals, which protects immigrants brought to the US as children from deportation.Businesses in Houston have expressed concern about immigration restrictions inhibiting the effort to rebuild after Hurricane Harvey.A <a href="https://www.ilrc.org/sites/default/files/resources/2017-04-18_economic_contributions_by_salvadoran_honduran_and_haitian_tps_holders.pdf" target="_blank" rel="noopener">study</a> by the Immigrant Legal Resource Center found that stripping Haitians, Salvadorans, and Hondurans - who may see their TPS status rescinded this summer - would, over 10 years, deprive Social Security and Medicare of $6.9 billion and shrink GDP by $45.2 billion.The wholesale firing of TPS holders from those three countries would hit US employers with almost a billion dollars in turnover costs, and deporting them would cost the US $3.1 billion, with an outsize effect on metropolitan areas in Florida, New York, California, Texas, Maryland, and Virginia, according to the report."This policy [is] probably going to worsen poverty and the conditions in El Salvador, but it's also going to do the same thing in the United States," Allison, of the University of Scranton, told Business Insider. "If you end up deporting or taking away the legal status of 200,000 people, they're going to lose the good-paying jobs that they have right now.""You've removed thousands of fully employed people," Allison said. "And now their kids won't be able to rely upon the income form their parents, which is going to force, probably, many of them into poverty." <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/animated-map-shows-history-immigration-us-america-2017-8">Animated map shows the history of immigration to the US</a></h3> <div> <iframe class="bijwplayerclass" data-player="jwplayer" src="https://content.jwplatform.com/players/nToB33XM-CEZHWCBG.html" width="100%" height="100%" frameborder="0" scrolling="auto" style="margin:0px;" allowfullscreen=""></iframe><script>function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);</script> </div> </div>

You Searched For "emigration bill 2019" and got 12 results

Indians planning to study abroad may have to register with the government

BI India Bureau

Empty apartments and plummeting rents in the world's most expensive housing market: How the exodus out of Hong Kong could change its real-estate scene in 2021

Katie Warren

A Hong Kong real-estate tycoon wants to build a new city in Ireland for 50,000 emigrants fleeing China's crackdown

Taylor Nicole Rogers

An Israeli plan from 1969 to resettle 60,000 Gazans in Paraguay has been uncovered in a declassified state archive

Julian Kossoff

Hong Kongers were banned from marking 31 years since the Tiananmen Square massacre, but they're turning out anyway. It may be for the last time.

Bill Bostock

Yes, some Americans really did leave the country because of Trump. Here are 12 of their stories, and why most aren't raring to come back now that Biden's won.

Ashley Collman

Britain’s new FM Rishi Sunak is a ‘first generation immigrant’ with family ties to Narayana Murthy, a doyen of Indian IT

Prerna Sindwani

Commercial real estate is stuck in a slow motion train wreck

Daniel Alpert

Everything you missed in the trailer for 'It: Chapter Two'

Chris Snyder,Meredith Geaghan-Breiner

Conservative commentators are questioning the loyalty of a NSC official and Iraq veteran set to testify in the impeachment inquiry

Grace Panetta

How Kimberly Guilfoyle, the 'human Venus flytrap,' has groomed boyfriend Don Jr. into a political powerhouse and turned herself into a conservative star

Leah Carroll

Trump's latest immigration crackdown threatens the economy - both in the US and in El Salvador

Christopher Woody