Rassegna Stampa

Global Systemic Crisis

  • barclays Barclays: $70 More Likely Than $100 - Oil industry titans are still not in agreement over what to expect from oil prices in the near future, with a wide array of guesses calling for both a spike in prices and a renewed downturn. At the Oil & Money Conference in London, this disagreement was on display. Ian Taylor of Vitol, an energy trader, said that he expects oil prices to fall to $65 per barrel, while his counterpart at Trafigura said that triple-digit oil prices were likely before all was said and done. A few weeks ago, $100 oil was all the rage, but the sudden volatility and turmoil in global financial markets has likely rocked some of that bullishness. Brent lost almost $4 per barrel over two days. There are plenty of reasons why oil could resume its upward ... Leggete
  • bolsonaro The GEAB was writing this text in April 2017 (who knew anything about Bolsonaro’s existence at that time?) - We are particularly concerned about Brazil. As a member of the club of emerging powers in 2009, this country is returning to the stage of being an underdeveloped country at full speed, after three years of impossibility to govern under Rousseff and one year of governance under Temer. The favelas are on the rise again[1], sanitary conditions are deteriorating[2], prisons are blazing[3], mafias are reigning, infrastructure is collapsing[4] and generals are making increasingly alarmist statements[5] suggesting military interventions to solve problems on the streets and at the borders; a virulent extreme right (we invite you to discover the character of Jair Bolsonaro in particular[6]) emerges slowly and could serve as a “democratic” bail for a military coup on the country. Settlement is expected in 2018, the date of the elections ... Leggete
  • bloomberg Ukraine Is Dangerously Close to a Religious War - Russian President Vladimir Putin’s political and military clash with Ukraine has brought about a schism on a spiritual level: The Ukrainian part of the Orthodox Church is on the verge of breaking away from its Russian overseer — a move that would undermine Moscow’s central role in eastern Christianity. There’s a real danger that the rift could lead to bloodshed, an outcome that all sides must act decisively to prevent… Read more : Bloomberg, 10.10.2018
  • bfm Sanctions contre l’Iran : Et si les Etats-Unis faisaient un geste ? - L’administration Trump agit manifestement sous la contrainte d’un marché qui a toujours beaucoup de mal à croire que l’Asie puisse se passer du pétrole iranien. Les Etats-Unis sont en discussion avec certains pays clients de l’Iran afin de leur octroyer des exemptions. Deux sources proches du dossier l’affirment à l’agence Bloomberg. Il reste moins d’un mois pour conclure. A Washington, on fait valoir que les dérogations iraient à ceux qui ont montré de la bonne volonté, pour avoir déjà réduit leurs importations en provenance d’Iran. Autrement dit, si vous achetez moins avant, vous pourrez acheter plus après.Si ces exemptions américaines sont validées, elles apporteraient un certain relief au propos, lundi, du ministre iranien du Pétrole. Bijan Zangeneh soutient que le marché n’accorde aucun crédit aux prétentions de l’Arabie Saoudite de compenser ... Leggete
  • Senior U.K. Official Sees Trump Trade Deal as Brexit Pipe Dream - British hopes for a sweeping post-Brexit trade deal with the U.S. are nothing more than a pipe dream, a senior U.K. official said, dismissing a key argument put forward by supporters for leaving the European Union. Even Prime Minister Theresa May’s closest allies realize any agreement with Donald Trump’s administration will be lopsided and prioritize the interests of the world’s biggest economy, the official said, speaking on condition of anonymity because a U.S. trade accord remains a top government priority. As an EU member, the U.K. is unable to negotiate its own trade deals and Brexiteers in May’s Conservative Party see pursuing accords with countries like the U.S., India and Australia as a key prize for leaving the bloc. Trade Secretary Liam Fox has held several rounds of preliminary discussions ... Leggete
  • Conference on ' Minimum Standards for Minorities in the EU' MEP proposes €1bn for NGOs supporting ‘EU values’ - The MEP tasked with setting the European Parliament’s position on the EU’s planned support for NGOs has proposed a billion-euro program for promoting democratic values and civil society. The effort is part of the EU’s next long-term budget, set to start from 2021, which is under discussion among member states and the parliament… Read more : EUObserver, 10.10.2018  
  • alj Far-right Bolsonaro widens lead on eve of Brazil’s elections - Far-right candidate Jair Bolsonaro widened his lead over fellow election hopefuls a day before Brazilians go to the polls to choose the country’s next president. In DataFolha polling institute’s latest poll, published on Saturday, Bolsonaro was projected to win 40 percent of the vote on Sunday. Fernando Haddad, the leftist Workers’ Party (PT) replacement candidate for jailed former president Luiz Inacio “Lula” da Silva, was projected to win 25 percent of support. Lula topped opinion surveys gauging presidential candidates’ popularity levels prior to renouncing his candidacy last month after being barred from running by Brazil’s country’s top electoral court… Read more : Aljazeera, 07.10.2018
  • scmp America’s message: Time to pick sides in the South China Sea - Chinese leaders may have been US Vice-President Mike Pence’s main target audience this week as he issued Washington’s most blistering broadside on Beijing in recent years, but analysts say there was also a message for regional countries caught up in the proxy battle for supremacy between the two juggernauts in the disputed South China Sea: pick your side. The address – which immediately drew fire from China for its “unwarranted accusations” – suggests that President Donald Trump’s administration is on the brink of intensifying the ongoing trade war between the countries into a more broad-based cold war-esque confrontation, they say… Read more : SCMP, 06.10.2018
  • rss1 US inflation is the world’s most important economic variable - U.S. inflation is the world’s most important economic variable. That proposition is explained by its corollary: Rising inflation is the only problem the U.S. Federal Reserve cannot solve by increasing its money supply. The Fed can deal with structural problems in credit markets by means of enhanced supervision, regulatory provisions and, all else failing, by open-ended lending in cases of systemic threats to the financial system’s stability. But none of those measures are applicable to situations of accelerating inflation and a deteriorating outlook for the value of fixed-income assets. That is a problem the Fed must address with sustained liquidity withdrawals, increasing credit costs and the ensuing growth recession of the U.S. economy… Read more : CNBC, 08.10.2018
  • rss Turkish police believe Khashoggi killed inside Saudi consulate - Turkish authorities believe that prominent Saudi journalist Jamal Khashoggi, who disappeared four days ago after entering Saudi Arabia’s consulate in Istanbul, has been killed. “The initial assessment of the Turkish police is that Mr Khashoggi has been killed at the consulate of Saudi Arabia in Istanbul. We believe that the murder was premeditated and the body was subsequently moved out of the consulate,” a Turkish official told Reuters news agency on Saturday… Read more : Aljazeera, 08.10.2018
  • geab127-en-v2 Becoming wealthy starts in your mind, not in your wallet. Save precious time. Read the GEAB - Before chasing any fortune, build a wealthy mindset. According to a lot of financial giants, becoming wealthy starts in your mind, not in your wallet. Passion, excellent ideas and a ton of discipline, but mostly high quality information represent the foundation of your wealth. To save time, the Global Europe Anticipation Bulletin is all you need. One of the few differences between a rich person and a poor person is how they use their time. The experts of the LEAP European Anticipation Laboratory gather information from worldwide media, digest it, interpret it for you, and mostly help you understand the trends in order to take the best investment decisions. Expertise is priceless. Invest today in high quality information. Get your GEAB access codes and be ready for the coming exclusive reports.
  • crypto-boom Institutionalisation of cryptocurrencies, one big challenge - While the wave of buzz and hype around cryptocurrencies, or virtual currencies, is running out of steam among people in general,[1] the movement that has emerged remains robust. The versatility of the technology, its deployment in a digital context which can quickly reach millions of people, its potentially anonymous character and the place it could take in the global financial system, cause people to dream or to tremble depending on the circumstances and the role that they have. The dream, for many, is nourished by the fact that this network is full of innovation[2], promises of fluidification of society, disintermediation… It attracts a large number of investors from all directions; from financial institutions to individual citizens attracted by its potential uses and/or price volatility. This technology promises a new world ... Leggete
  • alj Is Brazil heading towards a military dictatorship? - It has been 33 years since Brazil’s military government gave up power and democratic elections were held. And it’s been 30 years since the country returned to democracy after the promulgation of its constitution. In these three decades, there have been many political ups and downs – including the impeachment of two presidents – but the political process has always observed the constitutional order. In recent weeks, however, as the new election season heated up, it seems the shadow of the military is creeping back onto the political scene in Brazil. The political polarisation and instability in the country have ushered a period of public “unreason”, similar to the one the United States experienced in 2016 which resulted in the election of Donald Trump… Read more : Aljazeera, 03.10.2018
  • scmp US threatens to ‘take out’ new Russian cruise missile system if it becomes operational - Washington claims once the system works, Moscow could launch a nuclear strike in Europe with little or no notice. The US envoy to Nato on Tuesday warned that Russia must stop development of new missiles that could carry nuclear warheads and threatened to “take out” the system if it comes online. Nato claims that the 9M729 system contravenes the 1987 Intermediate-range Nuclear Forces Treaty, or INF. The cold war-era pact bans an entire class of weapons – all land-based cruise missiles with a range from 500 to 5,500km (310-3,410 miles), and the alliance says the Russian system fits into that category… Read more : SCMP, 02.10.2018
  • scmp Why small Chinese cities like Hohhot are the future of global luxury goods consumption - More than half of all luxury consumers in China live outside the top 15 cities, and they are young and well educated, report finds. In China, luxury goods are no longer exclusively for well-heeled city folk. In fact, the future of brands like Louis Vuitton, Chanel, Gucci and Prada may lie in smaller cities like northern China’s Hohhot, which is 10 hours by rail to the capital of Beijing and has a population of three million… Read more : SCMP, 03.10.2018
  • Canada and US reach trade deal to replace NAFTA - The United States and Canada agreed to a deal to replace the North American Free Trade Agreement shortly before a midnight deadline. The 24-year-old NAFTA, which President Donald Trump railed against as a disaster, will be replaced by the USMCA — the United States-Mexico-Canada Agreement. Trump tweeted his approval Monday morning for what he called a “wonderful” trilateral agreement… Read more : CNBC, 01.10.2018
  • Italy to include basic income in 2019 budget - Economy minister Giovanni Tria announced on Wednesday that Italy’s 2019 budget would include a basic income and a lower retirement age. The move aims to secure support for the budget from the anti-establishment 5-Star Movement, having pledged a basic income of up to €780 in election campaigns. The budget could rise eyebrows in Brussels, with Italy’s public debt already the highest in the eurozone after Greece’s… Read more : EUObserver, 27.09.2018
  • reuters Japanese carrier drills with British warship heading to contested South China Sea - Japan’s biggest warship, the Kaga helicopter carrier, joined naval drills with Britain’s HMS Argyll in the Indian Ocean on Wednesday as the frigate headed toward the contested South China Sea and East Asia. Britain, Japan and close ally the United States have found common cause in countering growing Chinese influence in the region, to keep key sealanes linking Asia to Europe, the United States and elsewhere from falling under Beijing’s sway… Read more : Reuters, 27.09.2018
  • scmp2 Xi Jinping says trade war pushes China to rely on itself and ‘that’s not a bad thing’ - Chinese President Xi Jinping says rising “unilateralism and protectionism” is forcing China to rely more on itself for development and “it’s not a bad thing”, reflecting a determination to fight a protracted trade war with the US if necessary. Xi, the most powerful Chinese leader in decades, said it was time for China to cut its dependence on foreign technologies and others in his first clear statement on how China would cope with the trade war. Speaking from one of China’s biggest state-owned factories, Xi emphasised the value of self-reliance, according to People’s Daily, the mouthpiece of the ruling Communist Party.. Read more : SCMP, 26.09.2018
  • reuters Fed raises U.S. interest rates, sees at least three more years of growth - In a statement that marked the end of the era of “accommodative” monetary policy, Fed policymakers lifted the benchmark overnight lending rate by a quarter of a percentage point to a range of 2.00 percent to 2.25 percent. The U.S. central bank still foresees another rate hike in December, three more next year, and one increase in 2020. That would put the benchmark overnight lending rate at 3.4 percent, roughly half a percentage point above the Fed’s estimated “neutral” rate of interest, at which rates neither stimulate nor restrict the economy… Read more : Reuters, 26.09.2018
  • scmp Emerging markets bounce back but will a hawkish Fed inflict more pain before long? - Nicholas Spiro says the sudden slide in the US dollar has eased the pressure on emerging markets, ending a lengthy losing streak, but it might not take much for the greenback to rise again. Emerging-market policymakers have breathed a sigh of relief in the past few weeks. Having just suffered their longest sell-off since the global financial crisis – data from Bloomberg shows the price declines in the stocks, currencies and foreign currency bonds of developing economies have lasted longer than the seven previous major sell-offs since 2008, measured by the number of days from peak to trough – emerging markets have rebounded this month… Read more : SCMP, 27.09.2018
  • CNA Macron at UN rebukes Trump’s ‘law of the strongest’ - French President Emmanuel Macron on Tuesday (Sep 25) urged world leaders to reject “the law of the most powerful,” offering a rebuke to Donald Trump’s go-it-alone approach to global challenges. Macron did not refer to the US president by name but his address to the UN General Assembly outlined positions that were polar opposites to Trump’s world view. Read more at CNA, 26.09.2018
  • GA opening day World upside down as EU and Russia unite against US - The UN general assembly in New York, the world’s largest diplomatic event, turned into a show of EU solidarity with Russia and China against the US on Tuesday (25 September). The development, which came about over Iran, symbolised a world-turned-upside-down by US leader Donald Trump’s unilateralism… Read more : EUObserver, 26.09.2018
  • india India’s parched earth: Too late to solve the worst water crisis in its history? - Population growth, rapid development, widespread pollution and bureaucratic mismanagement are putting tremendous pressure on the country’s depleting water resources. The programme Insight looks at whether Day Zero is inevitable. It was once known as the city of a thousand lakes. But it is now the city of burning lakes. Bengaluru, or Bangalore – India’s Silicon Valley, home to some of the world’s biggest software companies – is where lakes can catch fire because of untreated sewage and industrial effluents. Nearly 90 per cent of its lakes are dangerously polluted. And the biggest lake has become the city’s “largest septic tank”, a court-appointed committee concluded in June. Read more at Channelnewsasia, 26.09.2018
  • reuters Cuadrilla to start fracking in England in weeks - Shale gas developer Cuadrilla will start fracking at its Preston New Road site in northwest England in the next few weeks, it said on Wednesday as it announced government approval for a second well. Hydraulically fracturing, or fracking, involves extracting gas from rocks by breaking them up with water and chemicals at high pressure and was halted in Britain seven years ago after causing earth tremors. But the British government, keen to cut its reliance on imports as North Sea supplies dry up, has tightened regulation of the industry and gave consent in July for Cuadrilla to start fracking a first well at Preston New Road… Read more : Reuters, 19.09.2018
  • nytimes An Offensive Plan for the Balkans That the U.S. Should Get Behind - The Balkans remains in strategic limbo. Kosovo declared independence from Serbia 10 years ago, but Serbia has yet to come to terms with its loss — refusing to recognize Kosovo and stirring trouble between the country’s ethnic Serbs and the ethnic Albanian majority. Almost two decades after the NATO bombing campaign to drive Yugoslav forces from Kosovo, some 4,000 NATO troops remain there to keep the peace. A breakthrough may now be in the making. It is a morally offensive one, but nonetheless the United States and the European Union should get behind it. President Aleksandar Vucic of Serbia and President Hashim Thaci of Kosovo are apparently working on a proposal to engage in a land swap that could bring the simmering conflict to an end. Northern Kosovo, which is populated mainly ... Leggete
  • whitehouse Get ready for Big Bitcoin: Cryptocurrency industry opens a D.C. lobbying arm - The price of bitcoin may be down, compared with last year’s meteoric heights. But industry officials aren’t waiting for the next spike in investor demand to launch a charm offensive targeting federal lawmakers and regulators who’ve taken an interest in cryptocurrencies. Tech veterans and a number of high-profile cryptocurrency companies on Tuesday said they are forming the Blockchain Association, the first fully fledged lobbying group in Washington representing entrepreneurs and investors who are building off the technology behind bitcoin. Joining the initial push are companies such as Coinbase and Circle, which operate some of the world’s most popular virtual currency exchanges, as well as the technology start-up Protocol Labs. Investors, such as Digital Currency Group and Polychain Capital, are also among the founding members… Read more : Washington Post, 11.09.2018
  • China won’t weaken currency to help exporters amid US trade war, Premier Li Keqiang says - China has no intention of weakening its currency to help exporters and will not engage in any form of “competitive devaluation” of its exchange rate, Chinese Premier Li Keqiang said on Wednesday, a day after the latest tit-for-tat measures in the US trade war. Li told the World Economic Forum in Tianjin that Beijing had not manipulated the exchange rate of yuan to cope with trade tensions, rejecting speculation that the Chinese government deliberately engineered the 8 per cent depreciation of the yuan seen since March to offset the effects of US tariffs on Chinese imports. “Some people think China deliberately [devalued the yuan]; this is groundless,” Li said, in an indirect response to US President Donald Trump’s allegations that Beijing is manipulating its currency… Read more : SCMP, 19.09.2018
  • bloom Jack Ma Warns Alibaba, China to Prepare for 20-Year Trade War - Alibaba Group Holding Ltd. co-founder Jack Ma cautioned China’s business and political leaders to prepare for the trade war with the U.S. to last longer and have a bigger impact than most people think. China’s richest man said the dispute could last 20 years and persist beyond the presidency of Donald Trump, as the world’s two strongest economic powers battle for global supremacy. China needs to strengthen its economy to deal with the conflict and shift trade relations from the U.S. to regions like Southeast Asia and Africa, Ma said during a speech at the company’s investor day conference in Hangzhou… Read more : Bloomberg, 18.09.2018
  • reuters Poland suggests ‘Fort Trump’ as U.S. weighs military base - President Donald Trump said on Tuesday the United States is considering a request from Poland for a permanent U.S. military presence in the fellow NATO country, acknowledging that he shares Poland’s concerns about possible Russian aggression. Polish President Andrzej Duda asked Trump for a permanent U.S. base during a White House meeting, offering to name it “Fort Trump,” and explaining it would be a bulwark against what he considers a threat from Russia… Read more : Reuters, 18.09.2018
  • alj Russia: Syrian missiles shot down Russian aircraft in crossfire - A Russian military aircraft was brought down by a Syrian missile over the Mediterranean Sea, killing all 15 people on board, the Russian defence ministry said. Moscow blamed Israel for the crash, saying the reconnaissance plane was caught in the crossfire as four Israeli fighter jets attacked targets in northwestern Syria. “The Israeli pilots were using the Russian aircraft as a shield and pushed it into the line of fire of the Syrian defence,” ministry spokesperson Major General Igor Konashenkov said in a statement on Tuesday… Read more : Aljazeera, 18.09.2018
  • scmp European firms mull relocating mainland production to Southeast Asia amid escalating US-China trade war - The European Union Chamber of Commerce in China says the issue can be easily resolved if Beijing opens up further, takes away market access barriers and conducts more economic reforms. European companies operating in China are extremely worried about getting caught in the US-China trade war crossfire and some are considering relocating to Southeast Asia as punitive tariffs slapped by the world’s two largest economies take a toll on multinational firms, according to the European Union Chamber of Commerce in China… Read more : SCMP, 18.09.2018
  • typhoon Super Typhoon Mangkhut: Hundreds of thousands flee homes as Philippines braces for direct hit from monster storm, while China raises threat level - Hundreds of thousands of people are fleeing their homes in the Philippines as Super Typhoon Mangkhut bears down on the region, while China’s meteorological authority raised a yellow storm alert on Friday. The alert is the second level on a four-tier warning system, and the authority has predicted the monster storm would make landfall near western Guangdong and eastern Hainan late Sunday, or early Monday. In Hong Kong, a very hot weather warning was issued by the Hong Kong Observatory on Friday morning, with temperatures expected to rise to 35 degrees Celsius on Saturday as the city awaits the arrival of Mangkhut, which is packing sustained winds of 205km/h (127mph) and gusts measured at 255km/h… Read more : SCMP, Sept 2018
  • ‘Lost for words’: Somerset cuts £28m of help for most vulnerable - On Wednesday the eight-person cabinet of Somerset county council voted through £28m of spending cuts, spread over the next two years. Over the previous six months, speculation had raged about whether Somerset would become the next Conservative-run council to join Northamptonshire in effectively going bankrupt and to call in government commissioners to sort out its mess. And here was the answer, delivered at not much more than a week’s notice. To avoid a final disastrous plunge into the red, there would be a hacking down of help for vulnerable families and children with special educational needs, youth services, road gritting, flood prevention and much more. The proceedings took place at Shire Hall, a mock-Gothic Victorian edifice in Taunton, Somerset’s county town. An hour before they started, around 80 people had gathered to ... Leggete
  • reuters Gunman kills five in ‘new normal’ shootings in California – police - The man went with his wife to a trucking company in Bakersfield, California, where he shot and killed a man and then turned his gun on his spouse, killing her, Kern County Sheriff Donny Youngblood told a news conference. He then chased another man from the trucking company before he shot and killed him in front of a nearby sports store. The gunman later killed two men at a residence. He then commandeered a vehicle from a woman and her child before he killed himself when he was confronted by a sheriff’s deputy, Youngblood said… Read more : Reuters, 13.09.2018
  • scmp Even with US help, Taiwan is fighting a losing battle against China to keep its friends and influence - Gary Sands says Taiwan will struggle to turn the tide of allies abandoning it for China, even with backing from the US. Beijing is simply making its new friends more generous offers than Taipei and Washington can match. In an effort to discourage other nations from cutting ties with Taiwan, US Senators Cory Gardner, Ed Markey, Marco Rubio and Bob Menendez introduced new legislation last week, the cleverly titled Taiwan Allies International Protection and Enhancement Initiative Act. If passed, the Taipei Act would end or diminish foreign assistance to countries that abandon Taiwan… read more : SCMP, 13.09.2018
  • reuters1 Protests dash Iraqi PM’s chances of new term, hit U.S. hopes of shaping government - Violent protests in the Iraqi city of Basra have all but ended U.S.-backed Prime Minister Haider al-Abadi’s chances of winning a second term and shattered Washington’s hopes of shaping the next government. Fifteen people have been killed protesting against power cuts, polluted water, poor services and perceived corruption in Iraq’s second city, many of them in clashes with security forces. Political allies and leaders of the religious establishment blame Abadi for the turmoil, putting an alliance he has formed with populist cleric Moqtada al-Sadr under threat… read more : Reuters, 13.09.2018
  • reuters France says talks with Britain over scallop fishing end in failure - Talks between French and British fisherman over rights to catch scallops have ended in failure, France’s agriculture ministry said on Wednesday, raising the risk of further tensions at sea. French fishermen have accused the British of unfairly catching scallops in the Baie de Seine off the coast of Normandy during the summer, when French boats are banned from doing so because of French regulations aimed at protecting shellfish stocks. “Agriculture and Food Minister Stephane Travert notes the failure of the fishermen to reach an agreement for this season’s scallop fishing,” the ministry said in a statement… Read more : Reuters, 12.09.2018
  • Five Chinese Ships, Led by Russian Icebreakers, Make Arctic Transit - A convoy of Chinese cargo ships, with at least two carrying turbine blades and other equipment for the wind power industry, has traveled via the Northern Sea Route from Asia to Europe across the Arctic Ocean. Led by the nuclear-powered Russian icebreakers Taymyr and Vaigach, a convoy of four ships made the transit in August and early September and has begun arriving in European ports. A fifth Chinese cargo vessel is still making its way across the Arctic Ocean. One ship, the Tian En, arrived in the French port of Rouen on September 5 carrying 63 pieces of equipment for the wind industry, including 21 wind turbine blades. It was the vessel’s first Arctic transit and the first cargo shipment ever transported through the Arctic between China and France. Russian officials said the most difficult part of the ... Leggete
  • independent New York replaces London as world’s top financial centre due to Brexit, survey says - London has been replaced by New York as the world’s most attractive financial centre, a survey has indicated, as Brexitprompts banks to shift jobs out of the city to keep access to Europe’s single market. Britain’s decision to leave the EU poses the biggest challenge to the City of London‘s finance industry since the 2007-2009 global crisis, since it may mean banks and insurers lose access to the world’s biggest trading bloc. New York took first place, followed by London, Hong Kong and Singapore in the Z/Yen global financial centres index, which ranks 100 centres on factors such as infrastructure and access to quality staff… Read more : The Independent,  12.09.2018
  • Guardian Battle over EU copyright law heads for showdown - It is an argument that has drawn in the likes of Paul McCartney, Plácido Domingo and the Vienna Philharmonic, as well as pioneers of the internet from Tim Berners-Lee to the founder of Wikipedia, Jimmy Wales. Fought with hashtags, mailshots, open letters and celebrity endorsements, the battle over the European Union’s draft directive on copyright heads for a showdown this week. After two years of debate, members of the European parliament will vote on Wednesday on the legislation, which could change the balance of power between producers of music, news and film and the dominant websites that host their work… Read more : The Guardian, 09.09.2018
  • independent Egypt sentences 75 protesters to death after demonstrations where 900 were people killed by security services - Egypt has sentenced 75 protesters to death and dozens more to life behind bars in a mass trial over a 2013 protest in support of the Muslim Brotherhood. In August 2013 up to 900 people were killed in Rabaa and nearby al Nahda square by security services after they gathered to demonstrate against the coup which had removed the elected president Mohamed Morsi. At what was initially intended to be a sit-in protest, the mood soon turned violent after Egyptian police moved to disperse the camps. The government said many protesters were armed and that eight members of the security forces were killed… Read more : The Independent, 07.09.2018
  • asia Two Koreas agree to hold summit in Pyongyang Sept. 18-20 - The two Koreas agreed to hold a three-day summit in Pyongyang from Sept. 18, as they seek to break a stalemate in denuclearization talks between the U.S. and North Korea. National Security Adviser Chung Eui-yong said Thursday that North Korean leader Kim Jong Un accepted South Korean President Moon Jae-in’s offer to hold their third summit in the reclusive country’s capital. Chung, a special envoy of Moon, met with Kim in Pyongyang on Wednesday and delivered a letter from the president. “The South and the North agreed to hold the inter-Korean summit for three days between Sept. 18 and 20 in Pyongyang,” Chung said in a press briefing. “In the inter-Korean summit, we agreed to discuss on how to establish sustainable peace on the Korean Peninsula, in particular, practical measures ... Leggete
  • UPDATE 2-Brazil hikes freight rates 5 pct, lifting agriculture costs - Brazil’s transportation regulator on Wednesday raised minimum truck freight rates by 5 percent on average, as the government walks a tight line between the demands of the agriculture and trucking industries following a truckers’ strike in May. Exporters group Anec criticized the higher rates for raising costs for the country’s grain sector by 3.4 billion reais ($818 million), while truckers association Abcam said the adjustment did not go far enough… Read more : Reuters, 05.09.2018
  • scmp2 Subs, ships and aftersales service: how Russia’s military is making Moscow a player in the Asia-Pacific - When Russian troops stage their biggest military exercise in decades in the country’s far east later this month, Chinese counterparts will be there alongside them. Even though the countries’ militaries routinely hold joint exercises, the decision to include China in Vostok 2018 surprised some defence analysts because the drills had previously been off-limits to foreign armed forces – and in some cases included potential conflict scenarios with China. With both countries seeking to check US influence in the region, Russia’s invitation to China is a strong step forward in the already close military relationship between the countries – one that has been marked lately by increased bilateral drills, as well as technology and classified information exchange. But Russia’s break from precedent this year can also be seen as a sign ... Leggete
  • bloom These Are the Cities With the Most Ultra-Rich People - New York has lost its crown as home to the most ultra-rich people, beaten out by the rising tide of extreme wealth in Asia. Hong Kong surpassed the Big Apple as the city with the highest population of people worth at least $30 million, according to a new report. The former British colony saw its number of ultra-wealthy increase 31 percent last year, to about 10,000, research firm Wealth-X found, higher than the nearly 9,000-strong population of the U.S.’s largest city. Tokyo came third, while Paris beat out London to take the European crown as Brexit weighed down the U.K. capital… Read more : Bloomberg, 06.09.2018
  • wired Brazil’s museum fire proves cultural memory needs a digital backup - FIRE DOESN’T HEED history. It doesn’t care about posterity or culture or memory. Fire consumes everything and anything, even if that thing is the last of its kind. On Sunday night, it came for the National Museum of Brazil, burning for six hours and leaving behind ashes where there had been dinosaur fossils, the oldest human remains ever found in Brazil, and audio recordings and documents of indigenous languages. Many of those languages, already extinct, may now be lost forever. It’s the kind of loss that’s almost impossible to quantify. For the researchers who worked in the museum, the conflagration sent their life’s work up in smoke. “It is very difficult to react to reality and try to return to life,” linguist Bruna Franchetta, whose office burned down in the fire, ... Leggete
  • scmp Trade war: China’s surplus with US grows 10 per cent to US$31 billion as Donald Trump ups ante - China’s trade surplus with the United States widened by 10 per cent in August to US$31 billion, data showed on Saturday as the trade war between the two nations escalated with Donald Trump threatening duties on more Chinese imports. Data from China’s General Administration of Customs showed that exports to the US in August jumped by 6.9 per cent from July to US$44.38 billion, but imports dropped by 0.9 per cent to US$13.3 billion. China’s trade surplus therefore grew by more than 10 per cent to US$31.08 billion. The figure surpassed June’s surplus of US$28.97 billion and July’s US$28.08 billion… Read more : SCMP, 08.09.2018
  • vietnam Vietnam’s economic zones derailed by anti-China protests - The Vietnamese government’s plan to open the country’s first three special economic zones have been stalled until next year at the earliest due to large demonstrations by those wary of an influx of Chinese businesses. In early June, protests erupted throughout the country, including in Hanoi and Ho Chi Minh City. Factories and shops were destroyed, and at least 1,000 people were arrested — an unusual display in Vietnam, where public security forces keep a close eye on the public. The national legislature responded by postponing deliberation and voting on laws related to the special zones that month, and recently decided to leave the matter alone once more in an October session… Read more : Asia Nikkei, 03.09.2018
  • brexit Et si le Brexit était un succès ? Un regard sur le Royaume-Uni 2019 - Ceci est un article déconfidentialisé du bulletin GEAB 123 (mars 2018). Bonne lecture ! Jusqu’à présent, médias et analystes ont été unanimes : le Brexit représente un avenir incertain et dangereux pour le Royaume-Uni… et seulement pour le Royaume-Uni. Nos lecteurs savent que nous avons toujours été plus circonspects à ce sujet. Alors que la première phase de négociation s’est achevée (en fin d’année dernière) et que la seconde s’apprête à commencer, il est temps d’admettre, d’une part, que cette sortie de l’UE ouvre également bien des opportunités au Royaume-Uni ; et d’autre part, qu’elle induit de nouveaux risques réels pour l’Union européenne. En effet, dans cette seconde phase de négociation qui portera sur la période de transition et la relation future entre les deux parties, le rapport de force pourrait s’inverser. ... Leggete