Revue de Presse

Global Systemic Crisis

  • oilprice Is An Oil Supply Crunch Inevitable? - Global oil demand will peak by 2040, according to a new report, although oil supply shortages could emerge before then. The International Energy Agency (IEA) published its highly-anticipated World Energy Outlook 2018 on Tuesday, one of the most important energy forecasting reports published each year. In this year’s Outlook, the IEA noted that global oil demand is set to rise by 1 million barrels per day (mb/d) each year through 2025, before slowing dramatically to 0.25 mb/d thereafter. Electric vehicles are already making inroads in the transportation sector, and that is expected to accelerate in the years ahead. By the mid-2020s, the IEA says that oil demand peaks in the market for passenger vehicles, even as vehicle sales rise by 80 percent through 2040. The agency sees 300 million EVs on the ... Lire
  • Palestinian groups to respect Gaza truce ‘as long as Israel does’ - Palestinian groups in the besieged Gaza Strip say they have agreed to an Egyptian-brokered ceasefire with Israel to end the worst violence between the two sides in years. Al Jazeera’s Harry Fawcett, reporting from Nahal-Oz near the Gaza-Israel fence, said Hamas-led factions on Tuesday accepted the truce “to restart the situation that prevailed up until this latest military escalation”… Read more : Aljazeera, 14.11.2018
  • oilprice Russia Pulls Ahead In Middle East Nuclear Race - In most of the industrialized world, nuclear energy has lost its appeal due to, among other reasons, the disaster at Fukushima in 2011. Few countries have ordered new plants to supplement or replace aging ones. China is an exception with 44 reactors under construction meaning that by 2030 almost 150 GW of nuclear energy will be produced. Saudi-Arabia could become the second largest growth market and a boon to companies specialized in nuclear energy across the world. Riyadh will order its first two reactors in 2019 and an additional 19 power plants until 2030. As there are no Saudi companies with the required nuclear know-how, expertise will be provided by foreign companies. Several corporations have been shortlisted to provide the necessary expertise. In order to export American nuclear technology, Congress needs to ... Lire
  • German Chancellor Angela Merkel, front, talks with U.S. President Donald Trump prior to the first working session on the first day of the G-20 summit in Hamburg, northern Germany, Friday, July 7, 2017. The leaders of the group of 20 meet July 7 and 8. (Tore Meek/NTB Scanpix via AP) Le divorce Europe-Etats-Unis : la famille occidentale sous tension - « Le Monde » consacre une série à cette crise, ou comment les Européens ont pris conscience de la difficulté à maintenir le lien avec l’allié historique. Ils étaient trois, comme les rois mages, sans or ni encens, mais avec une furieuse envie de s’épancher en arrivant à Paris, ce lundi 9 avril. Six jours plus tôt, les présidents des trois Républiques baltes se trouvaient à Washington, où ils avaient été reçus par le président d’un grand pays pour lequel la Lituanie, la Lettonie et l’Estonie, libérées en 1991 du joug soviétique, n’ont que gratitude et admiration. Pourtant, lorsque Emmanuel Macron les accueillit à l’Elysée pour déjeuner, se souvient un haut responsable présent, ils étaient encore « traumatisés » par leur rencontre avec Donald Trump… Lire la suite : Le Monde, 09.11.2018
  • Iraq to boost oil sales to China by 60% - Iraq aims to supply China with about 60% more crude next year, as OPEC’s second-biggest supplier double downs on its main market in Asia, according to the head of the state-run Oil Marketing Co. Iraq is ready to ship about 1.45 MMbpd to China in 2019, based on conversations with existing long-term customers, Alaa Al-Yasiri, director general of the company known as SOMO, said in an interview in Shanghai on Monday. That compares to current sales of 900,000 bbl to ten term buyers that include state traders Chinaoil and Unipec, he said on the sidelines of the China International Import Expo. SOMO’s push into China includes a deal this week to start an oil trading venture with Zhenhua Oil, which will be based in Tianjin. The venture tentatively plans annual ... Lire
  • tusk Tusk says Poland risks following UK out of EU - European Council President Donald Tusk urged his fellow Poles on Monday to “come to their senses” over Poland’s place within the EU, saying it could otherwise end up following Britain’s example and tumble out of the bloc. Tusk, a centrist who served as Polish prime minister from 2007 to 2014, is a strong critic of the ruling eurosceptic Law and Justice party (PiS) in Warsaw, which has often clashed with Brussels over immigration, the rule of law and other issues. Tusk, who chairs EU summits, said that in 2016 Britain’s then-prime minister David Cameron had not intended to take his country out of the bloc when he called a referendum, adding that Poland too could exit as a result of political miscalculations. Read more : Reuters, 05.11.2018
  • crude Le marché noir de l’or noir - Et le pétrole ? Comment fait-il pour caracoler à 80 $ dans le contexte actuel de transition énergétique et de ralentissement économique des marchés émergents ? Rappelons rapidement les principes qui nous amènent à analyser un marché du pétrole structurellement baissier[1] : . le pétrole n’est plus l’indicateur-roi de la croissance économique dans un monde de mix énergétique et d’énergies renouvelables ; . plus le pétrole est cher, plus se renforce la transition énergétique hors pétrole (donc, plus il est cher moins il sera cher) ; . la théorie du « pic pétrolier » a enclenché une fièvre de l’or noir qui a démultiplié les techniques de forage et augmenté les réserves prouvées ; . l’OPEP et l’OPEP+ n’ont aucun intérêt de moyen/long terme à un pétrole cher : nous avons déjà analysé que la Russie ne veut pas d’un rouble ... Lire
  • dw EU digital tax on verge of collapse - France has been desparately trying to save a plan to get tech companies to pay more tax. Some nations are pinning their hopes on a global solution to the problem, while others are pushing national schemes. The European Union’s ambitious plan to impose bloc-wide tax regulations on digital companies was on the verge of failure on Tuesday. Tech giants such as Facebook and Google pay remarkably little tax by shifting profits to low-tax member states, but plans to fix that have been deeply divisive in the EU… Read more : Deutsche Welle, 06.11.2018
  • bloom The World’s New Economic Engines - On a recent trip to Singapore, I found myself counting cargo ships in the Singapore Strait as I stared out the window of a new high-rise in the Marina Bay Financial Centre. The southeastern view was unobstructed because several blocks between the building and the bay haven’t yet been developed. That entire neighborhood, a blank slate called Straits View, was reclaimed from the sea in the 1990s. Now it’s positioned to become a burgeoning business district—with plenty of space to grow upward in the years ahead. Singapore’s transformation from bustling port to supercity in a matter of decades is obviously an ideal outcome when you’ve got room to run. Fresh from its star turn in the film Crazy Rich Asians, the city will play host to Bloomberg’s New Economy Forum on Nov. 6-7. ... Lire
  • dw Trump fever unbroken amid blue ripple in US midterm elections - The US midterm elections did not lead to a broad rejection of Trumpism. Instead, by taking the House, Democrats scored a must-win as the GOP gained Senate seats. Trump fever is still burning hot, writes Michael Knigge. On this US election day, two years after Donald Trump won the presidency, there were no more rationalizations. No one could claim that President Trump was mostly all talk and little action. No one could posit that a Republican-controlled Congress led by experienced legislators would guide and, if necessary, rein in the novice in the White House. And no one could argue that the weight of the presidential office or administrative officials, the so-called adults in the room would prevent Trump from acting upon his worst impulses… Read more : Deutsche Welle, 07.11.2018
  • guardian Macron calls for ‘real’ European army at start of war centenary tour - Emmanuel Macron has used the first world war armistice centenarycommemorations to call for a “real” European army, warning that rising nationalism and populism threaten the fragile peace on the continent. “We have to protect ourselves with respect to China, Russia and even the United States of America,” Macron said as he visited the sites of the western front battlefields in northern France on Tuesday. Macron has begun a rare week-long memorial tour of north-east France, calling at villages and small towns that a century ago witnessed the bloodshed of the war and that are now struggling against deindustrialisation and unemployment… Read morem : The Guardian, 06.11.2018
  • oilprice Why Trump Decided To Back Down On Iran - The Trump administration has finally faced up to what many knew all along: It won’t be able to take Iran’s oil exports down to zero. The U.S. is set to grant waivers to eight countries, allowing them to continue to import some level of oil from Iran, on the condition that they ratchet down their purchases in the months ahead. The full list of the countries will be released on Monday, but they will surely include China, India, South Korea and Japan, which are four of Iran’s top buyers. “The reported awarding of waivers by the US for up to eight countries to continue buying Iranian oil, on the basis that they reduce volumes, shows that in the short term at least the Trump administration has set aside the goal of trying ... Lire
  • alj US reinstates tough Iran sanctions amid anger in Tehran - The United States has reimposed oil and financial sanctions against Iran, significantly turning up the pressure on Tehran in order to curb its alleged missile and nuclear programmes. The move on Monday will restore US sanctions that were lifted under a 2015 nuclear deal negotiated by the administration of President Barack Obama, and add 300 new designations in Iran’s oil, shipping, insurance and banking sectors. Iran’s President Hassan Rouhani vowed to break the sanctions imposed on Tehran’s vital energy and banking sectors… Read more : Aljazeera, 05.11.2018
  • wired Google walkout is just the latest sign of tech worker unrest - THOUSANDS OF GOOGLE employees and contractors around the globe—many of them women—briefly walked off the job Thursday to protest Google’s handling of sexual harassment claims and other workplace issues, and to demand more transparency around harassment incidents and pay levels at the company. The demonstrations took place outside about 40 Google offices, including Singapore, London, New York, San Francisco, and the company’s headquarters in Mountain View, California… Read more : Wired, 01.11.2018
  • bloom Biggest Italian Factory Slump Since 2014 Hits Euro Economy - Italian manufacturing shrank the most in almost four years in October, hinting at continued weakness after the economy failed to grow in the third quarter. IHS Markit’s factory index for the country dropped below the key 50 mark, meaning a contraction — the first since August 2016. Output shrank for a third month and new orders fell as optimism took a knock from slower global demand and “worries over political stability.” The euro-area manufacturing PMI slid to 52.0, below the initial estimate of 52.1 and the weakest reading in more than two years… Read more : Bloomberg, 02.11.2018
  • scmp Hong Kong listed Innovent Biologics believes it can help usher in a ‘game changer’ for drug prices in China - Competition in China’s nascent market for a novel category of cutting edge cancer treatments is set to intensify, according to newly listed Innovent Biologics. Chinese pharmaceutical companies will adopt a low price strategy on domestically-produced antibody cancer drugs, catering to millions of cancer patients who cannot afford expensive imports, said Michael Yu Dechao, co-founder and chairman of Innovent Biologics. The development is expected to see an eventual reversal of the phenomenon of mainland patients travelling to Hong Kong to buy cheaper drugs, said Yu. In the future, he said even Hongkongers seeking access to cheaper medicines are likely to look for alternatives north of the border… Read more : SCMP, 01.11.2018
  • bloom U.S. to Give Eight Nations Oil Waivers Under Iran Sanctions, Official Says - The U.S. has agreed to let eight countries — including Japan, India and South Korea — keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration official said. While the Trump administration’s goal remains to choke off revenue to Iran’s economy, waivers are being granted in exchange for continued import cuts so as not to drive up oil prices, said the official, who asked not to be identified before Secretary of State Michael Pompeo announces the number of exemptions later on Friday. China — the leading importer of Iranian oil — is still in discussions with the U.S. on terms, but is among the eight, according to two people familiar with the discussions who also asked not to be identified. The other ... Lire
  • scmp Chinese scientists develop shape-shifting robot inspired by T-1000 from Terminator - Chinese scientists say they have developed a type of robot powered by liquid metal inspired by T-1000, the self-repairing, shape-shifting killer android from one of Arnold Schwarzenegger’s Terminator films. The palm-sized robot comprises a plastic wheel, a small lithium battery and drops of liquid metal. The robot’s wheel rolls when the liquid metal changes the centre of gravity, which is controlled by altering the voltage through the embedded battery. “We were inspired by T-1000 from Terminator 2: Judgment Day,” said Li Xiangpeng, a robotics professor at Soochow University in Suzhou, China… Read more : SCMP, 25.10.2018
  • UN Headquarters’ iconic Secretariat building reflects the autumn sky. Nuclear weapons: old dilemmas, new dangers - Nuclear weapons have posed a challenge to international security since 1945. Today that challenge looms as large as ever. The Intermediate-Range Nuclear Forces Treaty has been under severe threat for many years and even more so today. North Korea’s nuclear weapons threaten the global security order and our multilateral system, and Iran’s nuclear activities could form a potential threat. Implementation of arms control treaties is being challenged as well. The way these problems are resolved will have an impact that is felt far into the future. Moreover, tensions between major powers, pockets of instability on almost every continent, and revisionists challenging the rules-based international order are making the world less stable and predictable … Read more : EUObserver, 31.10.2018
  • oilprice Iran’s Worst Nightmare Is Coming True - In what must seem like a nightmare scenario for Iran, not only is another U.S. president leveling sanctions against its economy, and particularly that economy’s lifeblood, its oil sector, but the current U.S. president has admittedly made it his mission to drive Tehran to its knees over what he sees as non-compliance over the 2015 nuclear accord between western powers and Tehran. As recently as the start of this month, the oil markets narrative was that perhaps President Donald Trump had pushed a bit too hard by reimposing sanctions against Iran. Oil markets, for their part, were jittery while both global oil benchmark Brent and U.S. Benchmark West Texas Intermediate (WTI) futures hit four-year highs largely on supply concerns. Some predicted that $100 per barrel oil by the end of ... Lire
  • dollarcoll After Germany’s Merkel Comes Chaos - After a long, initially-successful run promoting European integration and mass immigration, German Chancellor Angela Merkel saw the bottom fall out of her political fortunes this year. This morning she stepped down as leader of the formerly-dominant Christian Democrat party and promised not run again when her term as Chancellor ends in 2021. What happens next is almost certain to be chaotic, as the following chart (courtesy of this morning’s Wall Street Journal) makes clear… Note that in August of 2017 the two least popular parties were the far right Alternative for Germany (blue line) and the far left Greens (green line). In the ensuing 14 or so months AfG’s support rose from single digits to around 17% while the Greens rocketed from the bottom of the pack to 20%. If you didn’t know ... Lire
  • oilprice Iraq To Stop Oil Exports To Iran In Compliance With U.S. Sanctions - With a week to go until U.S. sanctions on Iran’s oil snap back, it’s not only Iranian crude exports that the United States looks to cut. Iran’s neighbor Iraq currently trucks small volumes of crude oil from its northern Kirkuk oil field to Iran in exchange for Tehran delivering the same amount of its oil to Iraq’s southern ports. In November, Iraq will halt trucking of oil to Iran to comply with the U.S. sanctions, five sources with knowledge of Iraqi oil export plans told Reuters last week. Although Iraq’s current export volume to Iran is quite low—less than 30,000 bpd, according to Reuters sources—the move to halt even this amount signals that Iraq won’t be risking the wrath of an ally which provides security and training… Read more : OilPrice, 30.10.2018
  • sputnik Tel Aviv Mulls Railway Project Linking Israel, Gulf States – Transport Minister - Israeli Transport and Intelligence Minister Yisrael Katz will present the project in Oman on construction of a railway line connecting Israel with the Gulf states, his office said late on Sunday. Israel’s plan aims to link by rail the country’s Mediterranean port of Haifa with Jordan, Saudi Arabia and other Gulf states for a speeder and safer cargo deliveries, according to the office. The relations between Israel and Oman have unexpectedly improved following the unannounced visit to Muscat by Israeli Prime Minister Benjamin Netanyahu last week even though the countries have no diplomatic ties. It has been the first high-level meeting between the countries since 1996… Read more : Sputniknews, 29.10.2018
  • dw ‘Rome Says Enough!’: Thousands protest city’s decline - Romans are counting on their mayor to resign as the city falls into a steep decline in both safety and public services. Besides its crumbling infrastructure, the city is also reeling from the brutal murder of a teenager. Some 8,000 Romans took to the streets of the Italian capital on Saturday to protest the “decline” of their city under Mayor Virginia Raggi. They were also protesting a rise in crime highlighted by the recent rape and murder of a 16-year-old girl. “Rome says enough!” read one of the signs, as angry citizens called for action to improve the city’s crumbling infrastructure, including potholes, unfinished construction projects, overflowing trash bins, trees falling down in derelict parks, and sluggish public services. The city’s woeful state was seen around the world earlier this week when an escalator ... Lire
  • Aux Etats-Unis, les actes antisémites en forte progression - La fusillade qui a fait 11 morts dans une synagogue à Pittsburgh (Pennsylvanie), samedi 27 octobre, « est probablement l’attaque la plus meurtrière contre la communauté juive de l’histoire des Etats-Unis », a estimé Jonathan Greenblatt, le directeur de l’Anti-Defamation League (ADL), principale association de lutte contre l’antisémitisme du pays. Mais cette fusillade n’est pas une attaque isolée, puisqu’il y a eu une recrudescence des actes antisémites sur le sol américain. Selon l’ADL, ils ont augmenté de 57 % entre 2016 et 2017, passant de 1 267 à 1 986. C’est la plus forte hausse jamais enregistrée aux Etats-Unis depuis 1979, année où l’organisation a commencé son comptage, et le second chiffre annuel le plus haut depuis cette même année. Une augmentation due « à une croissance significative des incidents à l’école et à l’université, qui ont doublé annuellement deux fois ... Lire
  • dw Albania declares war on drug trade - Drug lords in Albania — one of the top countries in the worldwide drug trade — have long been untouchable. With their connections in high places, it was dangerous to go after them. That may be about to change. The suspense was palpable: Before the big announcement, Albanian Interior Minister Fatmir Xhafaj even recommended to journalists not to switch off their mobile phones. Then, at the beginning of this week, the good news came: In a large-scale operation across 12 cities, Albanian police had succeeded in smashing a drug ring with connections to politics. According to a tweet by Xhafaj, the operation lasted three days, with 1,500 policemen taking part. Twenty-seven people, including three policemen, were arrested, 100 apartments were searched and 182.5 kilograms (402 pounds) of opium were confiscated. ... Lire
  • JPMorgan’s Secret Growth Punishment - For almost six years, Washington secretly shackled JPMorgan Chase & Co., the nation’s biggest bank. … In actions never before made public, Obama administration regulators prevented the bank from opening branches in new states as punishment for violating banking rules, according to people familiar with the matter. JPMorgan’s ambitious plan to expand nationally, announced earlier this year, was made possible by the Trump administration’s rollback of those restraints, which date from 2012, said the people, who asked not to be identified discussing regulators’ impact on the bank’s plans. JPMorgan has racked up more than $30 billion in penalties, legal costs and related obligations since the 2008 financial crisis. Missteps include excessive risk taken by the London Whale trader and failing to flag transactions related to Bernard Madoff’s Ponzi scheme. Privately, ... Lire
  • dw Opinion: After the Hesse election Germany’s domestic focus continues - After the election in Hesse, the right-wing nationalist AfD is now represented in all of Germany’s parliaments. The main focus for the Bundestag will now be its own problems, writes DW’s editor-in-chief Ines Pohl. This weekend, as the world mourned the murder of 11 Jews in Pittsburgh, USA, Germany’s right-wing nationalist AfD party gained entry to the last state parliament where they lacked representation. More than 12 percent of the electorate voted for them in the state of Hesse, home to Germany’s banking and economic hub, where salaries are the highest in the country and unemployment has been falling for years. This parallel is particularly alarming when one considers that one of the co-leaders of the AfD recently described the Holocaust as mere “bird shit in […] German history.” … Read more : DW, ... Lire
  • bloom Egypt May Sell First Yen, Yuan Bonds in Early 2019 - Egypt is considering issuing its first Japanese yen and Chinese yuan-denominated bonds in the first quarter of 2019 as part of efforts to diversify funding sources and boost foreign inflows, Finance Minister Mohamed Maait said. The government has sold more than $13 billion in foreign currency-denominated bonds since it lifted most currency controls, raised interest rates and cut subsidies in November 2016 to help secure a $12 billion loan from the International Monetary Fund. Its first euro-denominated bond, issued in April, was oversubscribed. As volatility in emerging markets makes investors more cautious, however, the government is looking to expand its options. Maait visited Seoul this month, and Egypt has plans for non-deal roadshows in China, Japan, Malaysia and other Asian and European countries before the year’s out… Read more : Bloomberg, ... Lire
  • overtourism Overtourism in Kyoto reaches breaking point, with ‘half-naked hikers, trespassing travellers’ making life a misery for residents - In Kyoto, it is still possible to glimpse a geisha gliding past Gion’s wooden machiyabuildings, her scarlet-stained lips and enigmatic air typifying traditions kept alive since Japan’s imperial era. The accompanying crush of tourists thrusting telephoto lenses and swinging selfie sticks in her direction, however, is a rude reminder that this is 2018. When not harassing women on their way to or from work, the more than 50 million visitors (domestic and international) who visit Kyoto annually are busy misbehaving in other ways. According to an October 20 article in The Asahi Shimbun, the daily lives of the city’s residents are “marred by half-naked hikers, trespassing travellers and prolonged photo shoots”. A recent report in The Sydney Morning Herald added dive-bombing into onsen, wearing shoes in tatami rooms and carving names into the bamboo ... Lire
  • scmp This driverless tech start-up aims to replace 15 million truckers in the US and China - Chinese artificial intelligence (AI) start-up TuSimple has deployed autonomous trucks on commercial runs between Tucson and Phoenix in Arizona and Las Vegas, Nevada, as the company prepares to expand its operations in the world’s two largest economies by next year. That trial programme in the US, where its two trucks transport consumer goods at speeds of up to 104.6 kilometres per hour (65mph) on their routes, is generating about US$6,600 a week in revenue and given TuSimple a toehold in the vast US freight market, said Chen Mo, the company’s co-founder and chief executive. “Scaling up our operations boils down to two factors – capital and talent,” Chen said in an interview at TuSimple’s headquarters in Beijing. The company has its US headquarters in San Diego, California… Read more : ... Lire
  • oilprice Why Is Canadian Crude Selling For $20? - Oil prices in Canada plunged late last month, with the losses continuing throughout much of October. Canadian oil producers exposed to the low prices are now fetching around $40 to 50 per barrel less than their counterparts in the United States. Western Canada Select (WCS), which tracks heavy oil from Canada, typically trades at a discount relative to WTI. The lower price reflects quality issues, as well as the cost of transport from Alberta to refineries in the U.S. In early 2018, the discount started to grow significantly, the result of Canadian pipelines filled to the brim. The inability of the Canadian oil industry to build a major pipeline from Alberta to either the U.S. or the Pacific Ocean is increasingly dragging down WCS. Keystone XL, Northern Gateway, Energy East, ... Lire
  • bloomberg Game Changers in a Digital Future - Martin Shanahan, CEO of IDA Ireland and sponsor of the event, had a clear message for business leaders in the room: “These technologies hold the potential to utterly transform sectors, and in our engagement with clients we’re trying to understand what those changes might be, how they can apply these technologies and how Ireland can be at the forefront of these technologies.” Cybersecurity: A Rising Global Risk The business world is waking-up to the fact that maintaining cybersecurity is now the biggest, ongoing challenge today. Criminal gangs and nation-states have been known to mount sophisticated attacks, and increasingly bad actors can be found working in tandem. Gartner estimates that spending on information technology security hit $86.4 billion in 2017—but the economic damage of cyberattacks is still expected to run into ... Lire
  • newsweek Sebastian Kurz is Remaking Europe’s Future From its Darkest Past - May 2017, when Sebastian Kurz took control of the center-right Austrian People’s Party (OVP), he remade it in his image. Lest the world ­underestimate the significance of this, the 32-year-old ­rebranded the OVP as the Sebastian Kurz List–New People’s ­Party. ­Seven months later the conservative populist became Austria’s ­youngest-ever chancellor, in addition to the world’s first millennial head of state and, according to some analysts, the future of Europe. Like other right-wing populists ascending to power in the European Union, the ambitious Kurz has pushed a hard-line immigration agenda in response to economic stagnation and the Syrian refugee crisis. But his youthful persona and political happenstance have elevated his status and his ideas far beyond Austria’s borders. His rise coincided with the transition of the EU presidency to Austria, a ... Lire
  • Trump administration to tell Russia that US will pull out of key arms control treaty - National security adviser John Bolton is preparing to inform Russian President Vladimir Putin next week that the U.S. will no longer be part of a key arms control treaty, The New York Times reported Friday. The Intermediate-Range Nuclear Forces Treaty (INF), signed decades ago in a landmark 1986 meeting between former President Reagan and then-leader of the Soviet Union Mikhail Gorbachev, allows the U.S. to counter Chinese efforts to amass arms in the Pacific but prevents the U.S. from deploying new weapons in response, the Times noted. China, however, is not a signatory to the treaty and faces no limitations in developing intermediate-range nuclear missiles. As a signatory, the Times reported, Russia has been violating the pact since at least 2014… Read more : The Hill, 20.10.2018
  • SArabia Saudi Arabia pledges $6bn to Pakistan amid economic crisis - Saudi Arabia has agreed to give Pakistan $3bn for a period of one year as the South Asian country faces an economic crisis marked by a mounting balance of payments deficit and dwindling foreign currency reserves. The Gulf kingdom also pledged an additional loan worth up to $3bn in deferred payments for oil imports, Pakistan’s foreign ministry said in a statement on Tuesday. The agreement came during a visit by Pakistan’s Prime Minister Imran Khan to Riyadh, where he met King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman… Read more : Aljazeera, 23.10.2018
  • Uduma connecte les pompes à eau collectives en Afrique - Fin septembre, Uduma, filiale d’Odial Solutions, a conclu le premier partenariat public-privé au Mali pour l’alimentation en eau de 560.000 personnes dans la région de Sikasso et la gestion de 1.400 pompes, qui seront connectées via le réseau GSM. En Afrique subsaharienne, plus de 400 millions de personnes n’ont pas accès à l’eau potable en milieu rural. Et quand il existe des pompes, elles sont souvent en panne, faute de maintenance. Or l’aide publique au développement de l’eau ne cesse de baisser depuis 2013. Un constat pessimiste qui a amené le groupe Odial Solutions, issu en 2014 du rachat de Vergnet Hydro, à ‘inventer un nouveau modèle de financement‘, explique son président, Thierry Barbotte… Lire la suite : Les Echos, 25.10.2018
  • China requires blockchain-based information service providers to register users using real names, censor postings and store user data - Chinese users will have to register their real names before they can use online information services based on blockchain, in the first set of rules specifically targeting the technology behind digital currencies like bitcoin that is known for providing anonymity for users. Under proposed new rules, companies and entities operating in China that provide blockchain-based information services will have to ask users to register their real names and national identification card numbers, censor content deemed to pose a threat to national security and store user data to allow inspection by authorities. The Cyberspace Administration of China published the draft regulations on its website on Friday for public consultation until November 2. It is not clear when the rules will come into effect… Read more : SCMP, 22.10.2018
  • america America Is Drowning in Milk Nobody Wants - In 2016, the U.S. ranked 43rd among 195 nations with an average lifespan of 78.7 years. By 2040, Americans are forecast to only live 1.1 more years to 79.8, while dropping 21 spots in the global ranking of 195 countries to 64th, as other nations make faster gains, according to recently released data from the Institute for Health Metrics and Evaluation. The drop in the U.S. is the most for high-income countries. Indeed, life expectancy in the U.S. is expected to be only slightly better than that of Bangladesh, a country with considerably lower income. Yet, Bangladesh will have made a significant stride of having 6.7 more years in average life span by 2040… Read more : Bloomberg, 20.10.2018
  • bitcoin Why Governments will trust Bitcoin and no other cryptocurrency ever - Comprehending the features of Bitcoin, which makes it a reliable option for the government. Why is Bitcoin so popular, when there are tons of other cryptocurrencies? The main intention behind Satoshi Nakamoto’s initiative was to design and radicalize a currency which wouldn’t be under the jurisdiction of any form of government or a specific financial institution. Even though Bitcoin has been left behind by various cryptocurrencies in terms of attributes like transaction fees and confirmation time, it has managed to remain as the largest cryptocurrency by market capitalization since a very long time. This might be due to the precise reason that Bitcoin is absolutely decentralized and most popular one in the domain… Read more : Coinnounce, 21.10.2018
  • balkans The Balkans Are Coming Apart at the Seams Again - When a country elects a president, the choice is not usually someone whose stated aim is to break it apart. But that’s just happened—ominously—in a country synonymous with 20th century European conflict. Milorad Dodik, who is emerging as the most powerful politician in Bosnia-Herzegovina after a vote this month, has made a career of advocating partition. He’s the leader of the Serb minority in that hyphenated country stitched together after the Balkan wars of the 1990s; and he’s always been clear about what he wants—to carve it up again and create an independent entity allied to Serbia next door. “This is not a common state, we are all its prisoners,” he said in 2016. “Bosnia isn’t worth a dime… Read more : Bloomberg, 19.10.2018
  • canada Canada installs Chinese underwater monitoring devices next to US nuclear submarine base - While the eyes of the world have been on the strategic tussle between Beijing and Washington in the South China Sea, Chinese scientists, with the help of the Canadian authorities, have succeeded in positioning four monitoring devices in waters just 300km (186 miles) off the United States’ Pacific coast. The instruments, which use hi-tech sensors to monitor the underwater environment, are connected to the Ocean Network Canada (ONC), a grid of marine observatories stretching from the northeast Pacific to the Arctic. While the network is operated by the University of Victoria in British Columbia, its four new additions are the property of the Sanya Institute of Deep-sea Science and Engineering, a unit of the Chinese Academy of Sciences, which also developed and built them… Read more : SCMP, 22.10.2018
  • The Future of the Car May Be Older Than the Model T - It took more than seven years for automakers to sell 4 million passenger electric vehicles. It’ll take about six months to sell the next million. That surging demand is transforming the lithium-ion battery business, with more power packs expected to be installed in EVs this year than in consumer electronics, according to Bloomberg NEF. China, where subsidy-toting drivers own a third of the world’s passenger EVs, is doing the most to fuel the boom. The market value of batteries used in electric cars, electric buses and related energy storage should multiply by about 10 times to a potential $500 billion by 2050, according to Sanford C. Bernstein & Co. research… Read more : Bloomberg, 21.10.2018
  • jeuneafrique Affaire Khashoggi : le silence assourdissant des pays arabes - À contre-courant de la vague d’indignation suscitée en Occident par la mort, confirmée par Riyad samedi 20 octobre, du journaliste saoudien Jamal Khashoggi, les pays arabes n’ont pas officiellement réagi. La plupart d’entre eux semblent ne pas vouloir prendre le risque de défier leur partenaire saoudien… « Ce dont le monde arabe a besoin, c’est de liberté d’expression. » C’est le titre de la dernière tribune du journaliste saoudien Jamal Khashoggi, parue dans le Washington Post. « J’ai récemment consulté sur Internet le rapport intitulé “Liberté dans le monde”, publié en 2018 par Freedom House, ce qui m’a amené à un triste constat. Un seul État du monde arabe figure dans la catégorie “libre”. Il s’agit de la Tunisie… Lire la suite : Jeuneafrique, 20.10.2018
  • oilprice U.S. And Europe Divided On The Future Of Oil - Several energy revolutions have, over the centuries, changed the world: first, man learned to transform fire into kinetic energy during the Industrial Revolution with the invention of the steam engine. Second, the development of the internal combustion engine and the widespread use of refined oil after the First World War caused major societal changes. Finally, electrification has begun transforming the way we live, albeit at a slower pace than the previous two revolutions. Recently, however, this change has been accelerated due to lower production costs for wind and solar energy and a growing urgency in the fight against climate change. Several major energy companies with roots in fossil fuels have made inroads in the utility sector in order to take advantage of new developments. Europeans are taking more radical steps ... Lire
  • alj Black market fuel sales and fear: Zimbabwe faces economic fallout - There are snaking queues at Zimbabwe’s petrol stations, supermarkets and factories as shoppers and motorists line up for scarce supplies. With Zimbabwe struggling to find a way to repay its foreign debtors and curb domestic spending, there are fears the country is slipping back into crisis mode. For days, some shops have closed, with signs on their doors such as “closed for stocktaking”. Others are open but their prices are rising.  At the Delta Beverages depot, a distributor of Coca-Cola and other drinks, overnight queues have become the norm… Read more : Aljazeera, 16.10.2018
  • 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 ... Lire
  • bolsonaro Le GEAB écrivait ce texte en avril 2017 (qui à l’époque connaissait même l’existence de Bolsonaro ?) - Le Brésil nous soucie particulièrement qui, de membre du club des puissances émergentes en 2009, est en train de retourner au stade de pays sous-développé à toute vitesse après trois ans d’impossibilité de gouverner sous Rousseff et un an de néant de gouvernance sous Temer. Les favelas sont à nouveau en augmentation[1], les conditions sanitaires se dégradent[2],  les prisons flambent[3], les mafias règnent, les infrastructures s’effondrent[4] et les généraux font des déclarations de plus en plus alarmistes[5], suggérant des interventions militaires pour résoudre les problèmes dans les rues et aux frontières, une extrême droite virulente (nous vous invitons à découvrir le personnage de Jair Bolsonaro en particulier[6]) émerge doucement qui pourrait servir de caution « démocratique » à un coup d’État militaire sur le pays. Dénouement prévu en 2018, date des élections ... Lire
  • 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 ... Lire