Pressespiegel

Global Systemic Crisis

  • trump Crise géopolitique : l’Otan, une organisation moribonde - L’Otan est toujours là, bien sûr, mais uniquement faute de mieux. Tout le monde veut s’en débarrasser : les Européens qui souhaitent une défense européenne[1], Donald Trump qui exige des Européens qu’ils participent davantage à leur défense… Le tout se combine en un processus lent dans lequel l’Otan continue à encombrer la piste européenne pendant que les Européens tergiversent entre plusieurs stratégies : . augmenter leur quote-part[2] et acquérir un droit à la parole équivalent à celui des États-Unis au sein de l’Otan (voire singulariser une Otan européenne à terme)[3]. Une stratégie qui, pour avoir des chances de succès, nécessite une grande cohésion dans le camp européen, et on en est bien loin aujourd’hui ; . faire avancer un projet de défense européenne sur la base de quelques pays uniquement en dehors de ... Lesen
  • crise agricole L’autonomie alimentaire mondiale menacée par les investissements et les besoins chinois - Un autre symptôme de l’ouverture systémique créée par la Commission qui pourrait représenter un danger pour la sécurité alimentaire européenne est l’acquisition de terres agricoles par des investisseurs étrangers, en particulier chinois. En effet, les investissements de l’Empire du milieu dans des terres agricoles étrangères ont bondi au cours de ces dernières années. Ils totalisent au moins 94 milliards de dollars entre 2010 et 2017, dont presque la moitié ces deux dernières années, et plus de la moitié en Europe selon un baromètre établi par deux associations états-uniennes : American Enterprise Institute et Heritage Foundation[1]. Entre 2014 et 2016, Reward Group, un conglomérat chinois présent dans l’agroalimentaire, la chimie, l’immobilier et l’hôtellerie, a acquis 1 700 ha de terres à blé dans le Département de l’Indre, en France. À la fin de 2017, il ... Lesen
  • cnbc China says its second-quarter GDP growth was 6.7%, meeting expectations - China on Monday posted second-quarter GDP growth of 6.7 percent from a year ago, slightly lower than 6.8 percent in the first quarter of 2018 as Beijing has been cracking down on risky credit amid escalating trade tensions with the U.S. The official reading was in line with expectations from analysts polled by Reuters. The headline figure was no surprise as any impact from current U.S.-China trade scuffles will only factor in the second half of the year, said Fraser Howie, an independent analyst. There may be a bumpy ride ahead as China’s economy is not impervious to external threats, he added. “China’s economy can be knocked, and when it comes to trade, it influences a lot of sectors, a lot of jobs associated with it. Net export sheds are a small percent of GDP but your brain is only 3 percent of your body ... Lesen
  • reuters EU pushes China on trade, saying it could open up if it wanted - China could open its economy if it wished, European Commission President Jean-Claude Juncker said on Monday, with the European Union calling on countries to avoid a trade war even as pressure mounts on Beijing over its industrial policies. Playing host to Juncker and European Council President Donald Tusk, Chinese Premier Li Keqiang stressed the need to uphold free trade and multilateralism as the United States and China become increasingly mired in a trade dispute, with no sign of negotiations on the horizon. U.S. President Donald Trump has warned he may ultimately impose tariffs on more than $500 billion worth of Chinese goods – nearly the total amount of U.S. imports from China last year – to combat what the U.S says are Beijing’s trade abuses… Read more : Reuters, 16.07.2018
  • alj Why the Eritrea-Ethiopia peace is good for African politics - Diplomats from Ethiopia and Eritrea are calling it a “joint declaration of peace and friendship” but that innocuous name is masking what may be one of the most important political changes in East Africa in the past 20 years. With a simple, five-pillar agreement the presidents of Ethiopia and Eritrea, which were once one country but were bitterly divided by one of Africa’s most expensive and devastating conflicts, jointly declared its end. It is very easy to be sceptical of the peace declaration given the region’s history of unremitting conflict and political false starts. The Derg regime, which came to power in Ethiopia in 1974 following the ousting of Emperor Haile Selassie, was supposed to mark the end of imperial rule in the country, but in no time itself became a violent, bloody regime. After ... Lesen
  • dw Women’s rights in Tunisia: Could first female mayor signal democratic change? - Last week, the Tunisian capital elected Souad Abderrahim its first female mayor in the first city elections since the Arab Spring. Could her victory signify a new direction for Tunisia’s formerly Islamist Ennahda party? Tunisia exhibits the most progressive stance on women’s rights in the Arab world: In recent decades women have begun to work outside the home in every career field, last year the Tunisian government made it legal for Muslim women to marry non-Muslim men, and a parliamentary bill is currently being drafted that would guarantee women equal inheritance rights. The push for women’s rights can be traced back to 1956, when Habib Bourguiba, Tunisia’s first president, signed a series of liberal laws called the Code of Personal Status that abolished polygamy and forced marriage, and enshrined legal protections for women in cases of divorce… ... Lesen
  • brexit Brexit – why can’t we just swipe left? - It’s like watching a train wreck, in slow motion, with 3D and Dolby surround sound. The resignations of Boris Johnson and David Davis from the British cabinet have finally thrust into the open what the dogs in the street have known since the Brexit referendum of 2016. Namely, the promises of the Brexit cheerleaders – such as Johnson and Davis – are unachievable, totally unrealistic and are based on a strangely nostalgic view of British history rather than on the realities facing Britain today. No doubt, in the coming days Boris and co. will step back into the Churchill playbook and seek to stir the nation with tales of betrayal, broken promises and the secret machinations of the EU super state. A covert organisation which, in their minds, is at ... Lesen
  • dw Opinion: A NATO summit in Donald Trump’s parallel universe - The United States did not break from NATO, but President Donald Trump sent wildly conflicting messages at the Brussels summit. The uncertainty over the future of the alliance still remains, says DW’s Barbara Wesel. It’s worth taking a close look at US President Donald Trump’s behavior at the NATO summit. Over breakfast, the US president was unrestrained in his criticism of Germany, saying the country was reliant on Russian gas imports and citing some false figures along the way. During the plenary session, he suddenly called on fellow alliance members to spend 4 percent of GDP on defense, rather than the agreed-upon 2 percent. Shortly thereafter, he raised the prospect of a bilateral meeting with Chancellor Angela Merkel over German cars, migration and Russian President Vladimir Putin, saying the two had a ... Lesen
  • alj Erdogan vows to advance Turkey under new governance system - Turkish President Recep Tayyip Erdogan has hailed the beginning of a new chapter in the country’s history in his inauguration address, while promising improvements in “every” area. His comments on Monday came shortly after taking the oath of office to become Turkey’s first executive president with increased powers after his election victory last month. “In the new era, Turkey will improve in every field, including democracy, fundamental rights, freedoms, economy and large investments,” Erdogan said in his speech at the presidential palace in the capital, Ankara… Read more : Aljazeera, 09.07.2018
  • London City. Modern skyline of business district. Paris attend plus de 3500 banquiers de la City - Le premier ministre a présenté mercredi de nouvelles mesures devant encourager les financiers à s’installer dans la capitale après le Brexit. Paris continue à dérouler le tapis rouge pour les banquiers de la City. Lors d’un dîner de gala organisé mercredi soir au Quai d’Orsay par Paris Europlace, Édouard Philippe, le premier ministre, a détaillé devant un parterre de 250 banquiers internationaux une nouvelle série de mesures devant les encourager à s’installer dans la capitale après le Brexit. Certaines sont destinées aux financiers ayant des enfants. Dès la rentrée de septembre, plus de 1000 places supplémentaires seront ouvertes dans les lycées internationaux et les sections internationales. Et une École … Lire la suite : Le Figaro, 11.07.2018
  • cnbc Brazil judge blocks order to release Lula from prison ahead of vote - Brazilian Judge Sergio Moro stymied another judge’s effort on Sunday to release jailed former President Luiz Inacio Lula da Silva, highlighting the legal battle around the country’s most popular politician ahead of this year’s presidential election. Moro, who sent Lula to prison in April for a bribery conviction, said that the appeals court judge lacked authority to issue an order freeing the former president for campaigning in the run-up to the October vote. Polls suggest the leftist icon could win a third term, but Brazilian electoral law forbids politicians from running for office within eight years of being found guilty of a crime… Read more : CNBC, 08.07.2018
  • wp With hugs, leaders of rivals Ethiopia, Eritrea finally meet - Espousing love between their two countries, the leaders of longtime adversaries Ethiopia and Eritrea agreed Sunday to restore diplomatic relations after nearly 20 years and to open the border between their neighboring Horn of Africa countries. Ethiopia’s reformist new Prime Minister Abiy Ahmed arrived in Eritrea’s capital and was welcomed with hugs and laughter by Eritrean President Isaias Afwerki, a joyous scene unthinkable just months ago. After being cheered by crowds in Asmara, Eritrea’s capital, and holding private meetings, the two leaders attended a dinner and announced new measures.. Read more: Washington Post, 08.07.2018
  • bloomb Theresa May Wins Cabinet Backing for U.K. Soft Brexit Blueprint - U.K. Prime Minister Theresa May won a crucial victory over pro-Brexit cabinet colleagues on Friday, as her government backed a wide-ranging plan to keep close trade ties with the European Union after leaving. The pound rose and the country’s main business lobby welcomed the proposal. May also stamped her authority on her Cabinet, warning colleagues that if they criticize government policy they must resign. Following a day of talks in her country residence, May’s Cabinet signed off on a blueprint for a new U.K.-EU “free trade area,” with interwoven customs regimes, and identical regulations for industrial and agri-food goods. There was no such plan for the country’s huge services sector, and London-based banks were warned they will lose their current levels of access to the EU market. New arrangements will seek to preserve ... Lesen
  • oilprice The Most Overlooked Renewable Energy Source - Battery-powered electric vehicles have been stealing the spotlight from fuel cell vehicle technology, despite the fact that the latter has been around for a decade or two longer than battery EVs. Fuel cell vehicles are powered by the most abundant element in the Universe and the Solar System—hydrogen. But technology costs and the handling of hydrogen, as well as high upfront investment costs for hydrogen station infrastructure, have been the major roadblocks to hydrogen-powered cars. Now the global race to reduce carbon emissions and use sustainable energy has rekindled the debate on whether fuel cell electric vehicles (FCEVs) can carve out a niche in the ‘green mobility’ market and overcome the cost and scale challenges to become a player in the energy transition. In recent years, many hydrogen energy initiatives ... Lesen
  • draghi ECB ‘in denial’ over Draghi role in G30 – EU Ombudsman - The European Union’s Ombudsman on Thursday again accused the European Central Bank of maladministration for failing to address concerns about the involvement of ECB President Mario Draghi in the G30 group of financiers and economists. The European Union’s Ombudsman on Thursday again accused the European Central Bank of maladministration for failing to address concerns about the involvement of ECB President Mario Draghi in the G30 group of financiers and economists. “The ECB’s reply to the Ombudsman’s recommendations was not satisfactory. It remained in denial regarding the implications of the membership of its President in the G30 and refused to improve its applicable rules and procedures,” the Ombudsman said… Read more : Channelnewsasia, 05.07.2018
  • oilprice Can China Save Venezuela’s Collapsing Oil Industry? - China is throwing Venezuela a lifeline, although it is unlikely to pull the country back from the abyss. China Development Bank will reportedly invest $250 million in Venezuela’s Orinoco Belt in an effort to stave off the decline of the country’s heavy oil production. That comes as China is also mulling a much larger $5 billion investment plan in Venezuela. Venezuela’s oil production has fallen by more than half in the last few years, with output down to just 1.36 million barrels per day in June, according to the IEA. The investment from China does not come from mere altruism. Venezuela has been sending China several hundred thousand barrels per day of oil for several years as repayment for past loans. But the catastrophic decline of Venezuela’s oil production threatened those shipments. ... Lesen
  • city Déconnexion de la City de Londres et multipolarisation des places financières de la zone euro - « Brexit means Brexit »[1]. Pour Theresa May, le soft Brexit n’existe pas : une sortie de l’Union européenne est forcément synonyme d’une sortie du marché unique. Brexit signifie donc hard Brexit pour le gouvernement britannique. Dans le GEAB n°103, notre équipe énonçait déjà la possibilité que la City se retrouve « en périphérie du continent européen »[2] à l’horizon 2020. Avec la négociation des termes du divorce viennent les premiers déménagements induits par la difficile, mais inévitable rupture. Et comme dans tout divorce, les anciens mariés se partagent les meubles. Ici, les sociétés financières font migrer locaux, actifs et employés vers le continent[3]. Côté européen, Michel Barnier, le négociateur en chef de la Commission européenne, a déclaré qu’« il ne pourrait pas y avoir d’accord spécial pour la City »[4]. Aucun autre accord commercial avec un ... Lesen
  • dw German government crisis: What happens if Horst Seehofer resigns? - Interior Minister Horst Seehofer has said he’s considering resigning from German Chancellor Angela Merkel’s cabinet and as CSU leader. DW takes a look at what the move would mean for Merkel and her government. German Interior Minister Horst Seehofer’s surprise announcement that he’s considering resigning from his cabinet post and as well as the head of the Bavarian Christian Social Union (CSU) has sent shockwaves through German politics. As he enters into last-ditch talks with Chancellor Angela Merkel and her Christian Democrats (CDU) over Germany’s asylum policy, DW breaks down the consequences his resignation would have for Merkel and her coalition government between the CDU, CSU and the center-left Social Democrats (SPD). How does resignation work? Germany’s Basic Law (Constitution) doesn’t make a distinction between voluntary resignation and dismissal for federal ministers, meaning that Seehofer must ask ... Lesen
  • Guardian Mexico election: historic landslide victory for leftist Amlo - A baseball-loving left-wing nationalist who has vowed to crack down on corruption, rein in Mexico’s war on drugs and rule for the poor has been elected president of Latin America’s second-largest economy. Andrés Manuel López Obrador, a silver-haired 64-year-old who is best known as Amlo and counts Labour leader Jeremy Corbyn among his friends, was elected with at least 53% of the vote, according to a quick count by Mexico’s electoral commission. López Obrador’s closest rival, Ricardo Anaya from the National Action party (PAN), received around 22% while José Antonio Meade, a career civil servant running for the Institutional Revolutionary party, or PRI, which ruled Mexicofor most of last century, came in third with around 16% … Read more : The Guardian, 02.07.2018
  • mfrance Le sommet de l’Union africaine s’empare du conflit au Sahara occidental - Lors du sommet de l’UA à Nouakchott, dimanche 1er juillet, le président de la Commission de l’Union Africaine, Moussa Faki Mahamat, devait dévoiler une feuille de route pour tenter une nouvelle résolution du conflit au Sahara occidental. C’est un geste symbolique, mais il n’est pas des moindres. Le drapeau de la République arabe sahraouie démocratique (RASD) flotte officiellement pour la première fois ce dimanche 1er juillet sur la route menant à l’aéroport de Nouakchott, qui accueille le 31e sommet de l’Union africaine (UA). Territoire non-autonome pour l’ONU mais reconnu par la Mauritanie depuis 1984, la République sahraouie n’avait encore jamais eu le droit à cet honneur dans la capitale mauritanienne. Un geste qui traduit la volonté de l’Union africaine – dont la République arabe sahraouie démocratique (RASD) est membre de plein droit depuis 1982 – d’avancer vers ... Lesen
  • dw Angela Merkel’s Interior Minister Horst Seehofer threatens to quit in asylum row - German Interior Minister Horst Seehofer has confirmed his offer of resignation, rather than back down from his stance on migration. He will meet with Chancellor Angela Merkel’s CDU on Monday for last-ditch talks. German Interior Minister Horst Seehofer has confirmed his offer of resignation both from the Cabinet and as CSU leader within the next three days, after unexpectedly re-escalating his standoff with Chancellor Angela Merkel over Germany’s asylum policy. But according to reports from a crunch leadership meeting in Munich that stretched into early Monday morning, other senior party figures had tried to dissuade Seehofer from stepping down. A press conference that had been expected all evening was eventually postponed, before Seehofer appeared briefly before reporters to confirm the reports of his resignation offer. He did say, however, that he was going to seek one more talk with Merkel ... Lesen
  • reuters3 Deutsche Bank fails Fed stress test while three U.S. lenders stumble - Deutsche Bank AG’s (DBKGn.DE) U.S. subsidiary failed on Thursday the second part of the U.S. Federal Reserve’s annual stress tests due to “widespread and critical deficiencies” in the bank’s capital planning controls. The Fed board’s unanimous objection to Deutsche Bank’s U.S. capital plan marks another blow for the German lender, sending its shares down 1 percent after hours. Its financial health globally has been under intense scrutiny after S&P cut its rating and questioned its plan to return to profitability. The Fed also placed conditions on three banks that passed the test. Goldman Sachs Group Inc (GS.N) and Morgan Stanley (MS.N) cannot increase their capital distributions and State Street Corp (STT.N) must improve its counterparty risk management and analysis, the Fed said… Read more : Reuters, 28.06.2018
  • businessinsider2 L’ouverture du train à la concurrence débutera en décembre 2019 et les Français en attendent beaucoup — peut-être trop - Billets moins chers, ponctualité et fréquence en hausse, meilleurs services, les Français attendent de grands bénéfices de l’ouverture du marché ferroviaire à la concurrence. C’est ce que révèle un sondage OpinionWay pour Trainline dévoilé ce mercredi. D’après ce sondage, réalisé les 30 mai et 1er juin auprès de 1068 personnes sélectionnés selon la méthode des quotas, 68% des sondés déclarent que l’ouverture à la concurrence est une bonne chose. Il est à noter que près d’une personne interrogée sur deux ne savait pas que l’ouverture du marché était prévue et l’a apprise au cours du sondage et ce, alors même que l’intersyndicale de la SNCF conteste le nouveau pacte ferroviaire depuis trois mois et qu’il a été adopté mi-juin par le Parlement et signé aujourd’hui par le Président de la République… Lire la suite : ... Lesen
  • japantimes Trump-Putin meeting in Helsinki to follow NATO gathering at tense moment -  Presidents Donald Trump and Vladimir Putin will hold their long-awaited first summit next month in the Finnish capital of Helsinki at what could prove a historic turning point in international relations. The July 16 head-to-head between the U.S. and Russian leaders will follow a NATO summit in Brussels that Washington’s European partners fear will serve as another stage for Trump to berate them and scorn the Western alliance. Trump has long called for warmer ties with Moscow, but the talks come as Russia’s relations with the West languish at levels not seen since the Cold War. Asked about the upcoming summit, Trump told reporters accompanying him on a trip to Wisconsin: “We’re looking forward to it. If we could all get along, it would be great. The world has to ... Lesen
  • draghi ECB to have new overnight reference rate ready by October 2019 - The European Central Bank will publish its new unsecured overnight interest rate by October 2019, it said on Thursday, taking another step in devising what could become a new benchmark after confidence in previous indicators was shaken. The Euro Interbank Offered Rate (Euribor) and Euro Overnight Index Average (Eonia) are used to calibrate monetary policy, price trillions of euros worth of derivatives and, in some countries, to determine interest rates on mortgages. But confidence in them has waned as allegations of fraud and sharply lower volumes raised the specter of distortions that could affect asset prices and thwart the transmission of the ECB’s monetary policy to the real economy. The ECB decided to devise a new rate reference rate … Read more : Reuters, 28.06.2018
  • businessinsider Bitcoin has plunged through $6,000 again and it’s looking weak - Bitcoin has collapsed through the $6,000 USD for the second time this week, and is under pressure in morning trade. The world’s biggest cryptocurrency dipped overnight, before selling momentum increased shortly before 8 a.m. AEST this morning. A short time ago, prices were still declining and had fallen below $5,900 USD… Read more : BusinessInsider, 29.06.2018
  • urbanization Urbanisation : 2,5 milliards de nouveaux citadins à loger - 3,4 milliards, c’est le nombre de personnes vivant en milieu rural actuellement[1]. Dans les pays développés, le taux d’urbanisation est de 75 %. Nous avons vu il y a deux mois que l’Inde se situait à 34 % seulement de taux d’urbanisation avec un potentiel de candidats à l’exode rural de près de 600 millions de personnes, en tenant compte de la croissance démographique dans les vingt prochaines années. L’Afrique, quant à elle, avec ses 40 % d’urbanisation n’aura peut-être « qu »’un demi-milliard de gens à loger dans des villes qui n’existent pas encore[2]. En ajoutant les autres zones du monde à fort potentiel d’urbanisation et la perspective d’une population mondiale de 10 milliards d’êtres humains en 2050, ce sont 2,5 milliards de nouveaux citadins qu’il va falloir loger d’ici 2050[3]. Fig: Urbanisation mondiale. ... Lesen
  • reuters Looking for another Nasdaq? Try - Fat order books covering several years of sales have made European aerospace and defense firms a winning bet as a slowing economy and political instability have clouded prospects for the region’s equity market. The sector’s stock prices have been hitting record highs, even as investors become more wary of European economic growth falling from its peak and as fears of a global trade war put other big multinational industrial stocks in the crosshairs. For many investment funds, the aerospace and defense sector is more insulated from the economic cycle as it works through a huge backlog of orders and fractious geopolitics spur demand for military equipment… Read more : Reuters, 20.06.2018
  • queen British Queen approves Brexit law that will end membership of EU - Britain’s Queen Elizabeth granted royal assent to Prime Minister Theresa May’s flagship Brexit legislation on Tuesday, ending months of debate over the legislation that will formally end the country’s European Union membership. The House of Commons speaker John Bercow said the EU withdrawal bill, passed by both houses of parliament last week, had been signed into law by the monarch, to cheers from Conservative lawmakers. “I have to notify the House in accordance with the Royal Assent Act 1967 that her Majesty has signified her royal assent to the following acts … European Union Withdrawal Act 2018,” Commons Speaker John Bercow told lawmakers during a session of the house… Read more : Reuters, 26.06.2018
  • telegraph John Bolton heads to Moscow to discuss Trump-Putin meeting – and possible World Cup visit - Donald Trump’s national security adviser John Bolton is travelling to Moscow to discuss a meeting between the US president and Vladimir Putin that could coincide with the World Cup final. The timing of the summit has raised questions about whether Mr Trump, who bragged this month about bringing the 2026 World Cup to North America, could defy expectations and visit the Russian capital for the denouement of the 2018 tournament. Benjamin Netanyahu is also considering coming to the game, and Mahmoud Abbas has already accepted an invitation from Mr Putin to attend, raising the possibility of an Israeli-Palestinian summit at the international sporting event… read more : The Telegraph, 26.06.2018
  • UAE urges Houthi pullout from Hodeidah for quicker UN-led political process in Yemen - The United Arab Emirates (UAE) top diplomat said on Tuesday that a UN-led political process in Yemen can be accelerated only after the Yemeni Red Sea port city of Hodeidah is liberated from Houthi rebels. “We are determined to end this war. Our priority is the peaceful withdrawal of Houthi militias from the city and the port,” UAE Minister of State for Foreign Affairs Anwar Gargash said on his Twitter account. Securing Hodeidah is “an essential step toward a political conclusion. Otherwise the mentality of zero sum solutions and utility of profiteering from a war economy will continue to prevail,” he explained… Read more : Xinhuanet, 26.06.2018
  • bb-money-une Le commissaire européen Pierre Moscovici propose de financer le budget de la zone euro par 2 taxes bien précises — voici lesquelles - Le président de la République française, Emmanuel Macron, et la chancelière allemande, Angela Merkel, se sont mis d’accord pour créer un budget de la zone euro, mardi 19 juin 2018. Si la décision est historique, aucun montant n’avait encore été communiqué pour ce budget. Lundi 25 juin 2018, le commissaire européen à l’Economie et aux Finances, Pierre Moscovici, est resté vague sur le sujet, tout en apportant un ordre de grandeur au micro de BFTV-RMC: “Ce budget — s’il démarre, va démarrer modestement, ce sera quelques dizaines de milliards d’euros — a vocation dans le futur à grossir”… Lire la suite : Business Insider, 25.06.2018
  • telegraph Entire police force arrested in Mexican town after mayoral candidate murdered - The entire police force in the Mexican town of Ocampo were disarmed and arrested for allegedly obstructing an investigation into the murder of the mayor ahead of country-wide elections on Sunday. Fernando Angeles Juárez was killed on Thursday morning after three gunmen broke into the ranch where he lives just as he was preparing to start a day’s campaigning, local media reported. Over 120 politicians have been killed across Mexico since September, when campaigning began ahead of the country’s July 1 general elections. Voters are being ask to elect over 3,000 local officials, as well as a new president and a new legislature. Mr Angeles Juárez was the third politician killed in the state of Michoacán in a week. After his murder, Michoacán state forces went to Ocampo on Saturday with ... Lesen
  • oilprice Protests In Iran Erupt While U.S. Sanctions Loom - A fresh wave of protests erupted in Iran over the weekend against the plunging value of the local currency and rising prices, in what some observers and analysts describe as the biggest protest in the capital Tehran since 2012, just before the previous sanctions on Iran were imposed. After U.S. President Donald Trump withdrew from the Iran nuclear deal and re-imposed sanctions on Tehran—including on its oil industry and exports—expected to kick in later this year, the value of the Iranian rial has plunged to record lows against the U.S. dollar on the black market. On Sunday, one U.S. dollar was being offered for as much as 87,000 Iranian rials, compared to around 75,500 rials on Thursday—the previous trading day before the Iranian weekend. Demand for dollars has been high in recent months among ... Lesen
  • oilprice U.S. Asks Japan To Stop Importing Iranian Crude - The U.S. has asked Japan to completely stop importing Iranian crude, unnamed sources close to bilateral talks from earlier this week told Bloomberg. Japan has not yet decided how to proceed, but talks will continue the source said. Last time Iran was the subject of sanctions, Japan curbed its imports of Iranian crude. It did not, however, shut them down completely. Earlier today, a Japanese industry official said that Japan will be forced to stop importing Iranian crude from the beginning of October. Unless it secured a waiver from the U.S. Treasury, refiners would have to switch suppliers, the head of the Petroleum Association of Japan, Takashi Tsukioka, told media, as quoted by Reuters… Read more : Oilprice, 26.06.2018
  • alj US withdraws from UN Human Rights Council - The United States has withdrawn from the United Nations’ top human rights body accusing it of “chronic bias” against Israel, in a move that was criticised by human rights groups and described as regrettable by foreign leaders. The decision to pull out of the UN Human Rights Council was announced on Tuesday by Nikki Haley, the US ambassador to the UN. “We take this step because our commitment does not allow us to remain a part of a hypocritical and self-serving organisation that makes a mockery of human rights,” she said alongside US Secretary of State Mike Pompeo in Washington, DC. Minutes later, Zeid Ra’ad al-Hussein, the UN high commissioner for human rights, called theannouncement by US President Donald Trump’s administration “disappointing, if not really surprising”… Read more : Aljazeera, 20.06.2018
  • reuters2 Saudi-led coalition seizes large areas of Yemen’s Hodeidah airport: UAE - Arab coalition troops stormed the airport in Yemen’s main port Hodeidah on Tuesday and captured large areas of the compound in battles with Iran-aligned Houthis, a Yemeni military source, the UAE news agency and local residents said. Residents of the strategic Red Sea city said battles were also raging on the coastal road leading to the densely populated city center from the airport, with Apache helicopter gunships of the Western-backed coalition providing close air support. Wresting the airport from the Houthis would be a significant step to a takeover of Hodeidah by coalition-backed forces. Saudi Arabia and the United Arab Emirates have pledged a swift assault to avoid disrupting aid deliveries to Yemen through the port. “We can hear the sounds of artillery, mortars and sporadic machinegun fire. The Houthis ... Lesen
  • reuters1 Labour could order biggest shakeup of Bank of England remit in decades - The Labour Party is considering asking the Bank of England to target productivity to help boost the economy if it wins power, in what would be the most radical change to the central bank’s remit in over two decades. Consultants commissioned by John McDonnell, the shadow chancellor, recommended the bank should retain its independence, but that its mandate be expanded to include a productivity growth target of 3 percent. Currently the bank’s main economic focus is keeping inflation as close to 2 percent as possible. McDonnell will also say in a speech on Wednesday that commercial banks have distorted the economy and that the current financial system is not delivering investment across Britain. We “want to build the economy of the future, and to do that we will need to ... Lesen
  • cnbc GE booted from the Dow, to be replaced by Walgreens - Industrial giant General Electric is out of the Dow Jones industrial average and will be replaced by drugstore chain Walgreens Boots Alliance. GE was one of the original components of the index of 30 stocks in 1896. It has been a continuous member since 1907, or 111 years. In the past year, its stock has been battered as the company overhauls its business. CEO John Flannery is in the midst of an extensive restructuring of the business that is likely to include the sale or spinoff of parts of the company’s portfolios. But investors have feared the value of its business is declining. “We are focused on executing against the plan we’ve laid out to improve GE’s performance,” the company said in a statement. “Today’s announcement does nothing to change those commitments ... Lesen
  • rfe;r Rohani To Visit Switzerland, Austria Amid Iran Nuclear Deal Dispute - Iranian President Hassan Rohani plans to visit Austria and Switzerland next month, the two European countries said on July 18, amid continued uncertainty over the future of the 2015 nuclear agreement between Tehran and world powers. Rohani’s planned European trip comes after U.S. President Donald Trump pulled the United States out of the nuclear deal and moved to reinstate economic sanctions against Tehran. The other parties to the agreement — Britain, France, Russia, China, and Germany — said they remain committed to the deal so long as Iran is honoring it. Tehran earlier this month announced it had launched the process of increasing its capacity to enrich uranium in case the accord that curbed its nuclear program collapses… Read more : Radio Free Europe, 18.06.2018
  • business Microsoft buys a classroom video startup with 20 million users as it pushes against Google - Microsoft has announced the acquisition of Flipgrid, a Minneapolis-based educational software startup, as it pushes against Google and Apple in the classroom. If you’ve never heard of Flipgrid, there’s a pretty healthy chance that the kids in your life have: It has 20 million users all over the world, including teachers, students, and parents, from Pre-K all the way up to PhD candidates. In its three-year lifespan, Flipgrid had raised a modest $17 million in venture funding. For Flipgrid customers, the biggest change is that the service will now be completely free for schools, just like Microsoft’s own Office 365 for Education productivity suite. That’s down from its current price of $1,000 a year per school… REad more : Business Insider, 18.06.2018
  • koreas Koreas seek withdrawal of long-range artillery near border - South and North Korean army generals are set to discuss a matter of moving away their respective long-range artillery from the heavily fortified border in the upcoming high-level military talks as part of efforts to ease cross-border military tension, according to defense officials. The Ministry of National Defense has denied local media reports that said the two sides had already discussed the tension-defusing measure during the June 15 inter-Korean military talks at the truce village of Panmumjom in the Demilitarized Zone that divides the two Koreas. Multiple ministry sources have acknowledged the relocation of artillery is among the agenda items for the follow-up talks slated for as early as later this month… Read more : Defensenews, 18.06.2018
  • scmp Donald Trump and Kim Jong-un sign ‘comprehensive’ agreement as landmark summit ends in Singapore - After months of hurling insults and threats at each other and even comparing the sizes of their “nuclear buttons”, US President Donald Trump and North Korean leader Kim Jong-unmet for the first time today and signed a “comprehensive” agreement. .. Read more : SCMP, 12.06.2018
  • bloomb May Scrambles for Brexit Compromise as Tory Tensions Rise - U.K. Prime Minister Theresa May is in a frantic search for the perfect compromise. Her mission is clear: to find a way to unite the warring Brexit factions in her party before they derail the government. May’s officials started work Wednesday drafting a new clause in her key piece of Brexit legislation, after she narrowly avoided a defeat in Parliament by offering last-minute concessions to pro-EU lawmakers. The new text will probably reduce the chances of Britain tumbling out of the bloc without a deal — something businesses and investors fear as the worst case scenario. But as talks get going, May has two factions to please. The text needs to honor her pledge to pro-EU Tories that she’ll take account of their concerns about the possibility of leaving the ... Lesen
  • bloomb Merkel Calls Out Trump, Citing Services Surplus With Europe - Chancellor Angela Merkel said the U.S. runs a trade surplus with Europe when services are included, marshaling a rebuff to President Donald Trump’s sustained criticism of German manufacturing exports. In a speech in Berlin, Merkel said the topic was discussed at last week’s tumultuous Group of Seven summit, where a U.S.-Canadian trade dispute caused Trump to renege on his support for the leaders’ concluding statement. “Trade surpluses are still calculated in a pretty old-fashioned way, based only on goods,” Merkel told a business conference of her Christian Democratic Union party on Tuesday evening. “But if you include services in the trade balance, the U.S. has big surplus with Europe.” … Read more : Bloomberg, 12.06.2018
  • paki Pakistan and India vow to implement 2003 ceasefire agreement - Pakistan and India have agreed to curb cross-border violence to comply with a ceasefire agreement signed between the two nuclear-armed neighbours in 2003. The understanding was reached by Pakistani and Indian armies on Tuesday after reviewing a spike in violence along the Line of Control since September 2016. The Line of Control is a de facto border that divides the disputed Kashmir Valley between the two countries and the Working Boundary, which separates the two neighbours.  “Both director generals of military operations reviewed the prevailing situation along the Line of Control and the Working Boundary and mutually agreed to undertake sincere measures to improve the existing situation ensuring peace and avoidance of hardships to the civilians along the borders,” a statement from Pakistan army’s media wing said… Read more : Aljazeera, 29.05.2018
  • rgdp How GDPR Kills The Innovation Economy - It’s somehow fitting that today, May 25th, marks my return to writing here on Searchblog, after a long absence driven in large part by the launch of NewCo Shift as a publication on Medium more than two years ago. Since then Medium has deprecated its support for publications (and abandoned its original advertising model), and I’ve soured even more than usual on “platforms,” whether they be well intentioned (as I believe Medium is) or indifferent toward and fundamentally bad for publishing (as I believe Facebook to be). So when I finally sat down to write something today, an ingrained but rusty habit re-emerged. For the past two years I’ve opened a clean, white page in Medium to write an essay, but today I find myself once again coding sentences into the backend ... Lesen
  • putin Vladimir Poutine s’attend à ce que les sanctions économiques soient levées - Le président russe Vladimir Poutine s’attend à ce que les sanctions économiques émises à l’encontre de la Russie soient progressivement levées et que les liens avec les pays occidentaux se normalisent, a-t-il indiqué dans une interview accordée aux médias chinois. Les sanctions qui frappent actuellement la Russie “ne nous étonnent pas et ne nous font pas peur”, a-t-il dit au China Media Group. “Nous allons normaliser nos rapports avec tous nos partenaires, en ce y compris les Etats-Unis et leurs alliés qui nous imposent des sanctions”, a déclaré le président russe. Le nouveau Premier ministre italien Giuseppe Conte avait indiqué mardi qu’il allait réexaminer les sanctions à l’encontre de la Russie. Mardi, Vladimir Poutine s’est rendu en Autriche, sa première visite dans un pays européen depuis sa réélection. A Vienne, ... Lesen
  • raqqa Raqqa: Coalition forces violated international humanitarian law - The people and city of Raqqa in Syria have been left in ruins. That from a new report from Amnesty International. It says 30,000 artillery rounds were fired by US, British and French coalition forces and the Americans were responsible for more than 90% of the air strikes. It adds, the forces violated international humanitarian law and are potential war crimes. Benjamin Walsby, Amnesty International Middle East Researcher says: “We don’t see any security or military reason why they can’t tell us the locations, the targets, and explosive waste dropped and if it’s true, that these strikes are all in complete compliance with international humanitarian law, then they’ve got nothing to hide, so why are they hiding the information. We want transparency. We also want accountability in the form of ... Lesen
  • blyth Protectionism will lead to more intra-asia trade: Natalie Blyth - Natalie Blyth, head of trade finance division at HSBC, oversees more than $500 billion of global trade flowing through her bank, one of the last-standing international lenders, giving her a good view of world commerce. As rising protectionism and tariff wars threaten global trade, countries such as India will increasingly look within their own continent to sell their produce, Blyth told Joel Rebello in an interview… Read more : Economic Times, 01.06.2018